Switchere Expands Cryptocurrency Offerings with 150 New Tokens
Switchere, a leading online cryptocurrency exchange based in the EU, has recently expanded its portfolio by introducing 150 new cryptocurrency tokens. This strategic move reflects the growing demand for diverse investment opportunities in the ever-evolving cryptocurrency landscape, where the number of new cryptocurrencies is on the rise globally.
Examining Recent Growth in the Crypto Market
Recent statistics indicate a significant surge in the cryptocurrency market, with an astonishing 5,300 new tokens being launched daily as of 2024. The total number of cryptocurrency tokens has escalated dramatically, increasing from approximately 443,513 in 2021 to over 2.5 million by early 2024. This growth suggests a dynamic and rapidly changing market that has rebounded robustly after previous downturns, including the aftermath of the Terra collapse.
Switchere’s Strategic Response to Market Dynamics
In light of these market developments, Switchere has enhanced its offerings to support more than 180 cryptocurrencies. This extensive selection encompasses well-known stablecoins along with tokens engaged in decentralized finance (DeFi) and GameFi sectors. The expansion underscores Switchere’s dedication to providing a diverse range of cryptocurrency options, facilitating secure and convenient purchases through various payment methods.
Flexible Payment Options for Users
Switchere’s platform allows users to engage in cryptocurrency transactions through multiple payment methods tailored to meet various needs:
- Bank Cards: Users can complete transactions efficiently using credit, prepaid, or debit cards from VISA, Mastercard, or Maestro, often within minutes.
- Open Banking: This method streamlines banking transactions, typically processed promptly within a few minutes.
- SEPA Transfers: Ideal for users in the Single Euro Payments Area, these transactions are secure and usually completed within the same day.
- Apple Pay: For iOS device users, this option offers quick and secure transactions, generally processed within minutes.
Diverse Cryptocurrency Selections for All Users
Recognizing the varied interests of its customer base, Switchere has curated an extensive collection of new tokens that cater to different preferences within the crypto community. Among the popular offerings available on the platform are:
- Bitcoin (BTC)
- Altcoins: Ethereum (ETH), Solana (SOL), Ripple (XRP), Toncoin (TON), Cardano (ADA), TRON (TRX), Avalanche (AVAX), Polkadot (DOT), Bitcoin Cash (BCH), Litecoin (LTC), NEAR Protocol (NEAR), Polygon (MATIC), Internet Computer (ICP), Stellar (XLM), Cosmos (ATOM), Tezos (XTZ).
- Stablecoins: Tether (USDT), USD Coin (USDC).
- Utility Tokens: BNB (BNB), Chainlink (LINK), The Graph (GRT), Origin Protocol (OGN), Chiliz (CHZ), Audius (AUDIO), API3 (API3), Render Token (RNDR), Storj (STORJ), Nexo (NEXO), Mask Network (MASK).
- Governance Tokens: Aragon (ANT), ARPA Chain (ARPA), Badger DAO (BADGER), Bancor Network (BNT), Convex Finance (CVX), dYdX (DYDX), Ethereum Name Service (ENS), Fantom (FTM), Gnosis (GNO), Numeraire (NMR), OMG Network (OMG), Quant (QNT), Reserve Rights (RSR), UMA (UMA), XinFin Network (XDC).
- DeFi Tokens: Aave (AAVE), Uniswap (UNI), Compound (COMP), Maker (MKR), Synthetix (SNX), Curve DAO Token (CRV), SushiSwap (SUSHI), Balancer (BAL), Yearn Finance (YFI), Liquity (LQTY), 1inch Network (1INCH), Ren (REN), Ankr (ANKR), Lido DAO Token (LDO), Rocket Pool (RPL).
- GameFi Tokens: Notcoin (NOT), MyNeighborAlice (ALICE), Axie Infinity (AXS), STEPN (GMT), Yield Guild Games (YGG), Illuvium (ILV), Decentraland (MANA), The Sandbox (SAND), Alien Worlds (TLM), Gala (GALA).
- Memecoins: Dogecoin (DOGE), SHIBA INU (SHIB), Floki Inu (FLOKI), ApeCoin (APE).
About Switchere
Founded in 2019, Switchere is a licensed company in the EU that focuses on providing user-friendly solutions for both individual consumers and businesses. Its primary objective is to enhance access to cryptocurrency, thereby promoting financial inclusion on a global scale. The platform simplifies crypto-to-crypto transactions, ensuring a smooth experience while also offering tailored business solutions across various industries. To date, Switchere has established itself as a reliable partner for around 700,000 satisfied customers and several hundred businesses in over 160 countries.