Bittrex Plans to Launch ZEC/USD and ADA/USD
Bittrex, the 36th largest crypto exchange by trading volume at the moment, announced this week that it will be adding US Dollar trading pairs for 2 more popular altcoins: Cardano (ADA) and Zcash (ZEC).
We’re rolling out more USD pairs. On Sep 5 we’re launching US dollar (USD) markets for Cardano (ADA) and Zcash (ZEC). Eligible #Bittrex accounts created before August are already enabled for USD trading. New user or want to deposit/withdraw USD? Details: https://t.co/KA248OA2Bz pic.twitter.com/pzCry5OdTr
— Bittrex (@BittrexExchange) August 29, 2018
According to the brief Twitter announcement, Bittrex reveals that it will be adding direct USD pair support for ADA and ZEC starting on September 5.
The news comes a week after the exchange announced that it would be rolling out USD trading pairs for XRP and Ethereum Classic (ETC) for eligible personal and corporate accounts.
Bittrex originally added USD fiat trading for bitcoin (BTC), as well as for stablecoins Tether (USDT) and TrueUSD (TUSD). Additionally, corporate and personal investors outside of the United States or in California, New York, New Mexico, Montana, Arizona, and Washington State are now eligible to participate on Bittrex, as well as corporate investors in Pennsylvania.
ADA and ZEC are ranked 8th and 20th, respectively, with a market cap of $2,665,072,364 in case of ADA and $693,844,504 for ZEC, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.