Bittrex to Add Fiat Pairings For Two New Coins
August 10, 2018 BY Chris Perrotta
On August 20th, Bittrex will add USD pairings for ETC and XRP. This adds to their fiat listings of Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and TrueUSD (TUSD).
On August 20th Bittrex will add USD pairings for Ethereum Classic (ETC) and Ripple (XRP). In the past few months, Bittrex has also added Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and TrueUSD (TUSD) for corporate customers in Washington, California, New York, and Montana. As time goes on, they expect to allow retail investors to join in on the USD pairings.
“We’re going to continue implementing these phases until all qualified customers are included, and we’re making good progress. For example, at launch, we started with only corporate customers, and only two weeks later, we’re beginning to methodically add batches of retail customers. During these initial phases, we’re inviting participants who reside in Washington State, California, New York and Montana as well as qualified international regions. Don’t worry, as we roll out future phases, more states will be added. So, please continue to be patient as we roll out these phases over time. Also, if you’re reading this and you aren’t a Bittrex customer yet, you should sign-up now to have the opportunity to be included in USD trading in the future.” -Bittrex Statement
According to the company they expect to expand their fiat pairings to other coins. In the past year, Bittrex went from arguably the best exchange to being kind of forgotten due to the emergence of Binance. During this year however, they have revamped their website and delisted many coins with low volume.
“As we continue expanding fiat markets to the top tokens on Bittrex, we’re not only offering customers a streamlined experience to purchase digital coins on Bittrex directly with US dollars, but we’ll also be offering customers USD trading pairs that may only be found on our platform. We’re going to continue adding tokens to our USD markets, providing our customers even more convenient, fast and secure trading options as well as access to some of the world’s most innovative blockchain projects.” -Bittrex Statement