Cryptocurrency exchanges are expanding with new listings and updates. Let's take a look at the best trading platforms by opening support for new trading pairs and other altcoins.
Binance creates a unified Stablecoin market
Top cryptocurrency market exchange, Binance announced support for a unified stable currency market. The exchange welcomes the USD as the first token that will show the change and will be listed as USDⓈ – in particular the S circles will indicate this stable currency.
"Binance has renamed the USDT (USDT) market to be now a combined Stablecoin market (USDⓈ) to support multiple trading pairs with different stablecoins offered as a base pair. […] Note that USDⓈ is not a new stablecoin: it is the symbol of Binance's new stableco market. "
The trading platform that was in a recent bulletin due to its $ 20 million loan is now supporting yet another cryptocurrency. According to the official announcement, LISK will be exchanged in pairs of ETH and BTH.
The report cited the trading program as;
Lisk (LSK) Purchase order: 17:30 November 27, 2018 (UTC + 8)
Lisk (LSK) Sales Order: 18:00 November 27, 2018 (UTC + 8)
Lisk Retreat (LSK): 18:00 November 28 2018 (UTC + 8)
Bittrex Exchange added Bitcoin SV
The last fork of Bitcoin Cash, Bitcoin SV can be available on Bittrex, the most famous cryptocurrency exchange in the world. Bitcoin SV, which recently entered a list of the top 10 cryptocurrencies, is now listed on Bittrex with USDT and ETH pairs.
The news broke out for the first time following the official Twitter handle of Bittrex declaring how;
– Bittrex (@BittrexExchange) November 27, 2018
Bitfinex supports Tether with Fiat Pair
With stablecoin on hype, Bitfinex has released yet another announcement today. According to the latest version, the Bitfinex user portfolio can now support fiat-to-tether trading – combining Tether Dollars (USDT) and Tether Euros (EURT).
The blog reads like;
Continuing our tradition of providing a neutral, coin-free platform, from today Bitfinex users will be able to exchange Tether-fiat directly on our platform through the addition of Tether trading pairs USDT / USD and EURT / EUR . This replaces the previous 1: 1 conversion on deposits and withdrawals provided by Bitfinex, and reflects the growing range of choice in the stablecoin market and the demands of our consumers.
As of today, Bitfinex customers will be able to exchange Tether-fiat directly on our platform through the addition of Tether USDT / USD and EURT / EUR trading pairs.
To find out more, see https://t.co/KAzPciUwqJ. pic.twitter.com/efvJBVzlgJ
– Bitfinex (@bitfinex) November 27, 2018
Paxos Standard (PAX) As a basic pair on Binance
Alongside a stable, unified market, Binance has integrated the Paxo (PAX) standard as a base currency. The inclusion of PAX will most likely act as an alternative to the stable currency token (USDT).
In a statement, Charles Cascarilla, co-founder and CEO of Paxos, stated in a statement,
"PAX demand has grown very rapidly since we launched just over two months ago, making it clear that traders want a stable, regulated and transparent stablecoin"
According to the sources, PAX can be combined with 385 different cryptocurrencies in the near future, but at the moment the trading will go live on BTC, ETH, BNB, XRP, EOS and XLM paring.
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