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The cryptocurrency exchange known as Bittrex has continued to fulfill its promise to pair more and more digital assets with the USD. Back in late August, the exchange announced that it will launch fiat couples for Cardano (ADA) and ZCash (ZEC) on September 5th. Earlier – and August 20 – the exchange had excited the XRP community by officially adding XRP / USD and ETC / USD pairs to the platform
Couples TRX / USD and LTC / USD
In a twitter announcement all & # 39, early today, Bittrex announced that it would launch the aforementioned couples on September 17.
We are pulling out more pairs of dollars. On 17 September, we are launching the US dollar (USD) markets for TRON (TRX) and Litecoin (LTC). Idonee
#Bittrex accounts created before September 4 are already enabled for trading in USD. New user or do you want to deposit / withdraw USD? [Submit a request]
Regarding the last part of the tweet that asks new users to send a request for deposit or withdrawal of USD, the exchange provides an online form to fill out for any trader who wishes to do so.
The coupling of the two digital resources of Tron (TRX) and Litecoin (LTC) on Bittrex is a positive development for the communities that support both projects. This is due to the fact that Bittrex has been in the news for all the right reasons and seems destined to expand its operations on a global scale.
XRP and Ripple Partnership with Bittrex
Backtracking a little, the main reason The XRP / USD pairing was symbolic for the XRP community, was that Coinbase had been accused by many HODLers of ignoring the their requests to list their preferred digital resource. With Bittrex in partnership with Ripple for xRapid payments, the XRP community was thrilled that Coinbase was no longer the only player in the US cryptocurrency trading space. Bittrex had become a new heavyweight with the potential to eclipse Coinbase in the long run
Railto Partnership
Bittrex also managed to seal a very exciting partnership with Railto Trading. This latest company operates a trading platform registered in the United States for fixed income products. Railto operations are awaiting approval by regulatory authorities. Once given the go-ahead, the company will expand its operations to include virtual tokens that are registered securities. This in turn means that Bittrex has access to institutional investors and Wall Street companies through Railto.
In conclusion the Bittrex exchange is living its promise to pair more digital assets with the USD as can be seen with the announcement of the addition of TRX / USD and LTC / USD. The exchange also has close significant partnerships with Ripple and Railto and has planned to expand globally. The future looks bright for the exchange.
Disclaimer: This article is not intended to give financial advice. Any opinion here should be taken as well as it is. Perform your research before investing in one of the many cryptocurrencies available.
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