Behind the Scenes: March 2024

We are happy to announce several updates to system landscape. Our dedicated teams worked tirelessly to bring you an array of novel features, elevating your client experience to a new level.

1. Launch of comprehensive trading- and staking API platform

The APIs serve as a professional toolkit for the needs of institutional clients and facilitate access to digital assets: The APIs provide direct access to Bitcoin Suisse's versatile trading and staking offering. This gives institutional clients the opportunity to offer these services under their own brand using Bitcoin Suisse's expertise and technology.

The two new APIs for trading and staking complement the already available APIs for reporting and client management. The Bitcoin Suisse API offering is available via both the FIX (trading) and REST protocols (trading, staking, reporting, client management APIs). Detailed technical specifications and further information are available on the dedicated landing page or on the Bitcoin Suisse Developer Portal.

2. User Task Management – for the secure exchange of files

Introducing user task management for the secure exchange of files on Bitcoin Suisse Online. Going forward, Bitcoin Suisse clients will receive email notifications prompting them to log in to Bitcoin Suisse Online whenever there is an outstanding task, such as e.g. document signing. Upon logging in, users will be greeted with a step-by-step notification guiding them through the task at hand.

This new feature enhances security by ensuring that all communications and files remain within the secure environment governed by Bitcoin Suisse, even during transfer.

3. New fee page

We are pleased to announce the addition of a new page dedicated to the applicable fees on the Bitcoin Suisse Online Account. Users can now easily access the "Fees" tab under the settings section. Here, they will find a transparent and comprehensive breakdown of fees for trading, staking, custody, and withdrawals. This enhancement aims to provide users with clear and transparent information regarding the fees associated with their transactions and activities on the platform.

4. Additional security step for crypto deposits

The network represents the underlying blockchain technology supporting a cryptocurrency. When initiating transactions, such as sending or receiving cryptocurrencies, it is imperative to choose the appropriate network to prevent potential loss of funds.

In the deposit process on Bitcoin Suisse Online, users will encounter a new pop-up window after selecting the desired cryptocurrency and amount. This window displays the available networks compatible with the chosen cryptocurrency. Currently, each cryptocurrency supported on Bitcoin Suisse Online can only be transferred through a single network at a time.

This added step of network selection serves to enhance security and establishes the groundwork for future capabilities, where the same cryptocurrency token can be transmitted across multiple networks.

5. In other news

Bitcoin Suisse x Celestia

As the first Swiss provider and among the pioneers globally, Bitcoin Suisse offers comprehensive support for Celestia right from its inception, encompassing custody, trading, and staking of the native token TIA.

Celestia's much-anticipated mainnet launch occurred as scheduled on October 31, 2023. Notably, Celestia's development team distinguished itself by being the first to recognize the advantages of a modular blockchain ecosystem. This innovative approach involves segmenting the functionalities traditionally bundled within a single monolithic blockchain—such as data availability, consensus, settlement, and execution.

By adopting a modular framework, Celestia optimizes each layer of functionality by delegating them to specialized networks. This strategy allows for enhanced efficiency and tailored optimization, setting a new standard in blockchain development and fostering a robust ecosystem for decentralized applications.

Bitcoin Suisse x Circle

Bitcoin Suisse is proud to announce our partnership with Circle, the issuer of USDC. As part of this ongoing collaboration, Bitcoin Suisse is committed to circulating USDC on its 24/7 trading and custody platform and activating the full use of the stablecoin across its channels. The on/off-ramp speed will be further improved by focusing on banking partner alignment, and USDC has been added as a standard supported trading pair for all compatible assets.