Welcome, Sweden! We added Swedish krona to our platform

Friday, October 28, 2022

We are excited to announce that the Swedish krona (SEK) has been added to the SMART VALOR platform. This enables our customers in Sweden to easily enter the world of cryptocurrencies. Välkommen, svenska kryptofans! 

Good news for crypto enthusiasts in Sweden! As part of SMART VALOR's commitment to strengthen its presence in Europe, we have listed the Swedish krona on our platform. This makes it easier than ever for customers from Sweden to buy, sell and trade their favourite crypto. You no longer need to switch to another currency like the EUR to invest in digital assets. 

It has always been a core mission of our company to make crypto accessible to everyone – in a simple, smart and secure way. The integration of many national currencies is an important step towards that goal. Those of you who have been part of the SMART VALOR family for a while know this perfectly well. 

Growing demand for digital assets  

It's no secret that the cryptocurrency industry is growing at an exponential rate. More and more people are beginning to see the value in digital assets and are looking for ways to get involved. With the addition of SEK, we can now offer 220 trading pairs on our platform. 

With the integration of the Swedish krona, you now have five fiat currencies on the platform to choose from: EUR, GBP, CHF, USD and SEK. Adding SEK trading pairs to our platform will also provide a better fiat-to-crypto trading experience with high liquidity and security for those of you in Sweden. 

High liquidity for small markets  

The Swedish krona will have the same liquidity on our digital asset exchange as the Euro and all other national currencies. This is unique in the sector. On other exchanges, there is usually a separate order book for each market. Markets of smaller countries, such as Sweden with only about 10 million inhabitants, generally have very low volumes. Therefore, if you want to trade on an exchange in Europe, you have to use EUR or USD markets, as these are the only markets with sufficient liquidity. 

With SMART VALOR it is different. We have the same underlying order book for all markets. This means that a person in Sweden trading in SEK pays the same price as someone trading in Germany in EUR or in Switzerland in CHF. On our platform, it doesn't matter which currency you use – the conditions are the same for all. This is a great advantage, not only for our Swedish customers. It is also a crucial factor when it comes to lowering the barriers to making the world of cryptocurrencies accessible to everyone. 

Keeping crypto simple 

By introducing the Swedish krona on our platform, Swedish clients will get the best possible experience when trading digital assets. And with SMART VALOR's simple onboarding process, even first-time investors can get started with ease. So, if you're based in Sweden and you're looking for a way to get involved in the exciting world of cryptocurrencies, be sure to create your free account on SMART VALOR today!