Bittrex trading platform expands its business and targets the global market
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Answer Bittrex trading platform expands its business and targets the global market
Bittrex Inc. announced that it will launch a new digital trading platform under the Bittrex International umbrella that aims to provide more trading options for international clients outside the USA.
This new international platform will be launched within the next few weeks and has announced its goals to ensure an outstanding service for international clients from around the world that aims to compete with the major cryptocurrency exchanges.
According to the announcement, the main advantage of the new Bittrex platform, which will be based in Malta, will be the ease in approving the addition of new cryptocurrencies, and the process will take weeks instead of months due to the procedures and regulations in the United States of America.Read:Could Ethereum lose its dominance in the Defi market?
In addition to the rapid inclusion of cryptocurrencies, the team will have access to a wide network of international service providers around the world.
“We are committed to being a driver of the blockchain revolution by increasing the adoption of this innovative technology around the world,” said Bittrex CEO Bill Shehara.
Bell noted: “The process of listing new cryptocurrencies on our international platform will make it easier to showcase the latest innovative projects in the world of blockchain on our platform, specifically that no nominal fees will be charged for listing.”
The announcement stated that existing users – for those outside the United States – of Bittrex will have access to the new international platform after signing the new terms of service agreement.
The new international Bittrex platform will operate under the regulatory framework established by the European Union and the Maltese government. The international platform will use the same high levels of Anti-Money Laundering (AML) and Know Your Customer (KYC) systems to ensure that the service is provided legally.Read:Dogecoin co-founder slams Mozilla for reversing accepting crypto donations
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