Bittrex Exchange Partners with New York Bank to Launch USD Fiat Trading Seattle-based cryptocurrency exchange Bittrex declared it has partnered with New York's Signature Bank that would enable clients to
trade cryptocurrencies in USD, as per a report by Bloomberg.
This partnership empowers Bittrex, which was restricted to directing trades only among cryptocurrencies, to now offer Bitcoin, Tether
and TrueUSD trading pairs to clients in Washington, California, New York and Montana.
Bittrex, which positions as the world's eighteenth biggest cryptocurrency exchange and moves a day by day volume of roughly $100 mln,
has now turned out to be one of the only few platforms to support fiat-to-crypto trading.
Bill Shihara, CEO of Bittrex, told Bloomberg in a meeting:
“It’s been a long path. It’s not just about banks being able to trust Bittrex. It’s about banks being able to trust crypto in general. And I think
it’s really showing that crypto is turning the corner in terms of mainstream acceptance.”To read full news visit: https://cointopper.com/news/bittrex-exchange-partners-with-new-york-bank-to-launch-usd-fiat-trading