Bittrex Adds Cardano, Zcash to US-Dollar Markets

Bittrex Adds Cardano, Zcash to US-Dollar Markets
фото показано с : cryptoslate.com

2018-8-30 14:00

Seattle-based cryptocurrency exchange Bittrex has revealed plans to include two new U.S. dollar trading pairs in its current trading markets.

Bittrex Trading Platform Continues to Grow

The Seattle-based trading platform previously offered fiat trading within three markets for corporate consumption: Bitcoin (BTC), Tether (USDT), and TrueUSD (TUSD). In May of this year, however, Bittrex CEO Bill Shihara made a statement saying the company’s overall plans were leading up to offering services to any qualified customers interested in digital trade execution.

Related: Ripple’s xRapid Secures Exchange Partnership with Bittrex and More

Adoption of the latest trading platforms was foreshadowed in mid-June when Bittrex began appealing to “small groups of retail customers” who participated in the U.S. dollar markets.

By June 20, markets were launched for Ripple (XRP) and Ethereum Classic (ETC). In the latest phase of adaptive incorporation, it was announced on Twitter, Aug. 29, that Bittrex will launch U.S. dollar markets for Cardano (ADA) and Zcash (ZEC) on Sept. 5., adding that eligible accounts created before August already qualify for U.S. dollar trading.

Eligibility for the latter’s corporate and personal clients falls under qualifying states and international regions, but as fiat trading grows in popularity, those qualifying regions will also expand. Respective application forms for each type of client can be found online, and current U.S. states included are Washington, California, New York and Montana.

In a statement, Shihara said:

“As an incubator and leading advocate of blockchain technology, Bittrex is committed to listing tokens that not only have the best business applications, but also are the most innovative blockchain projects in the world. Expanding fiat markets to the top digital currencies on our exchange should further drive adoption of this revolutionary technology by providing customers even more options for purchasing and trading digital currencies in a secure, robust and reliable environment with high liquidity.”

The addition of ADA and ZEC to Bittrex increases that liquidity significantly in the U.S.

Bittrex trading is designed to be scalable and secure by complying with U.S. trade regulations. The exchange is not currently regulated under U.S. securities laws.

The post Bittrex Adds Cardano, Zcash to US-Dollar Markets appeared first on CryptoSlate.

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Bittrex Crypto Exchange to Add Cardano (ADA) and Zcash (ZEC) USD Trading Pairs

Bittrex Expands And Adds Cardano And ZCash To US Dollar Markets The famous virtual currency exchange Bittrex has decided to add two new US Dollar trading pairs. In the past the trading platform offered fiat trading with other three markets: Bitcoin (BTC), Tether (USDT), and TrueUSD (TUSD). Earlier this year, Bill Shihara, Bittrex CEO, said […]

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