Bittrex Introduces USD Pairs with Tron, Litecoin
Seattle-based digital currency exchange Bittrex will increase its offering with 2 new USD pairings – with Tron (TRX) and Litecoin (LTC), the company tweeted on Wednesday.
We’re rolling out more USD pairs. On Sep 17 we’re launching US dollar (USD) markets for TRON (TRX) and Litecoin (LTC). Eligible #Bittrex accounts created before Sep 4 are already enabled for USD trading. New user or want to deposit/withdraw USD? Details: https://t.co/KA248OA2Bz pic.twitter.com/21xA8xZ4vm
— Bittrex (@BittrexExchange) September 12, 2018
While the launch date has been set for September 17, Bittrex specified that it would enable eligible accounts created before September 4 for USD trading even. Those who have a Bittrex account but have not applied for US dollar trading can do so on this link.
The latest news follows in the footsteps of 2 USD-based trading options that Bittrex added last week – with Cardano (ADA) and ZCash (ZEC). It was in March that the exchange first initiated fiat operations and so far, it has featured USD markets with BTC, ETH, XRP, ETC, USDT and TUSD.
Bittrex’ expansion of fiat-based token trading adds to a pretty dynamic period for the exchange recently. Earlier this week, it revealed plans to open a licensed digital currency platform based in Malta. Bittrex gave little additional information, but the new venture nevertheless joins another Maltese project – according to media reports, the US platform has bought a stake in Malta-based blockchain start-up Palladium.
Also, Bittrex recently established an affiliate company that will be in charge of owning and managing its business outside the US and enhancing the global access to blockchain technology. At the end of August, the crypto exchange signed a deal with Rialto Trading, the provider of Alternative Trading Systems (ATS), under which the parties agreed to set up a new digital securities trading tool. In a similar move, Bittrex and fintech firm invest.com teamed up to create a new platform for virtual currency trading.