Product
7 Feb
K33 Markets adds 7 new tokens, while continuing to put pressure on the cost of trading
![K33 Markets adds 7 new tokens, while continuing to put pressure on the cost of trading](https://cdn.prod.website-files.com/645396e8d92c5858ae55fb09/6658798a4b340c00df1714c7_65818b85565d7ba6e0984437_Screenshot%202023-12-19%20at%2013.23.26-p-2600.png)
Since our launch in October, we have worked systematically to decrease the cost of trading for clients while increasing the number of tokens available. We are therefore excited to share that we today have added another 7 tokens for trading, while we continue to offer the best prices among Norwegian exchanges according to kryptopris.no.
K33 now offers trading of 35 different cryptocurrencies and stablecoins against 7 fiat currencies (NOK, SEK, DKK, EUR, GBP, CHF, USD). The new tokens added for trading on K33 Markets are: ALGO, GRT, FTM, MANA, SAND, APE, and GALA. We expect to continue to add more tokens in the future, and are already exploring several different possibilities.
Our goal at K33 is to change the crypto trading space, starting with the Nordics and then expanding. In the past, Nordic crypto users have had to choose between locally regulated exchanges with limited selection and high price, and international exchanges with dubious regulation and uncertain payment rails.
By pushing for lower prices and broader selection, while being fully compliant and regulated by the Norwegian FSA, K33 seeks to disrupt the market and win market shares by combining the best of both worlds.
"I’m excited to see how K33 starts to shape the Nordic crypto market. We are now ready to win back local volume that has been diverted to international exchanges in the past and to start taking market shares from the likes of Binance, Coinbase, and Kraken. With full support for local currencies, a large selection of tokens to trade, and competitive pricing, we anticipate a significant uptick in users choosing K33 for their trading needs", said Torbjørn Bull Jenssen, CEO of K33.
New clients are welcome to create an account with K33 Markets here.
If you have any questions related to the new brokerage solution, please contact us.