Prague-based crypto exchange, Simplecoin, celebrates its six year birthday as a leading European digital currency exchange.
Simplecoin was founded in 2013 with the original aim of making a bitcoin purchase as easy as possible for newcomers to the industry. For six years Simplecoin has remained true to its name and its mission and has become the biggest crypto exchange in the Czech Republic with an annual turnover of 40 million Euros.
Since its inception, Simplecoin has enjoyed an average yearly growth of 250 per cent and has expanded across Europe to serve clients in Slovakia, Germany, Poland, Spain and the UK.
Pavel Niedoba, CEO and owner of Simplecoin, says: “My view is that that digital currencies are here, basically, forever, because the blockchain is a genie that can’t be put back into the bottle. Crypto markets have been through wild speculation over the years and which currencies survive and what their price will be is still an open question, because we’re still in the early days.”
“The secret of Simplecoin’s success has been to make it as straightforward and as effortless as possible to get your hands on a crypto asset. I am a strong believer in the future of digital currencies and it has been a privilege to introduce new people to the industry through Simplecoin.”
As well as expanding geographically, Simplecoin has added new currencies and now includes Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH) and Ripple (XRP) as further trading options.