Switchere, a prominent EU-based online cryptocurrency exchange service provider, has recently added 150 new cryptocurrency tokens to meet the changing needs of the cryptocurrency market. This step comes as the number of new cryptocurrencies grows worldwide and aims to provide users with a wide array of investment options.
Analyzing the latest crypto market growth
Recent data shows the rapid growth in the cryptocurrency market, with 5,300 new tokens launched every day in 2024. The total number of cryptocurrency tokens has grown significantly over the past few years, from about 443,513 in 2021 to over 2.5 million by early 2024. The current trend reflects a vibrant and rapidly evolving market that has rebounded strongly from previous slowdowns, such as the one following the Terra collapse.
Switchere’s response to market trends
Following the recent market trends, Switchere has increased its crypto offerings to now support over 180 cryptocurrencies. This diverse range includes popular stablecoins, as well as tokens involved in decentralized finance (DeFi) and GameFi ecosystems.
With this expansion, Switchere reaffirms its commitment to providing users with a wide array of cryptocurrency options, allowing easy and secure purchases through various payment methods:
- Bank cards: Whether it’s a credit, prepaid, or debit card issued by VISA, Mastercard, or Maestro, transactions are efficiently processed, often within minutes.
- Open banking: Ensures a smooth banking experience with transactions typically processed within a few minutes.
- SEPA transfers: Ideal for users within the Single Euro Payments Area, offering secure transactions usually within the same day.
- Apple pay: Provides fast and secure transactions on iOS devices, typically processed within minutes.
Diverse crypto options for every user
Switchere recognizes the diverse needs of its customer base and ensures that the new tokens are not only varied but also include popular choices that appeal to different interests within the crypto community. Currently, the following popular coins, among many others, are available at Switchere:
- Bitcoin: 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
Switchere is an EU-licensed product company that provides solutions for end users and businesses. Its core mission is to make cryptocurrency universally accessible, contributing to global financial inclusion. Switchere simplifies crypto-to-crypto payments, ensuring they are as easy and seamless as possible, and develops business solutions for a wide range of industries. Since its inception in 2019, Switchere has become a trusted partner to about 700,000 satisfied customers and several hundred partners across more than 160 countries.
