Bittrex announced yesterday on its website that it will be adding trading pairs to its platform for Ripple (XRP) and Ethereum Classic (ETC) against the US Dollar (USD).
The exchange detailed its plans to use a phased approach to add further cryptocurrency markets to its platform over time. Customers in approved states can apply to have further trading pairs added via a request form on the companies website.
— Bittrex (@BittrexExchange) August 8, 2018
When the new asset pairs become available on August 20, Bittrex users will be able to purchase them directly with USD along with already-supported digital assets including Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and TrueUSD (TUSD).
The addition of direct trading pairs gives customers a far more streamlined experience when purchasing or trading in cryptocurrency. With the high volatility and quickly fluctuating prices of the digital assets market, the ability to instantly buy and sell gives investors more control over their capital.
The announcement should give a much-needed boost to the ETC and XRP markets in this current bear market. ETC, in particular, should see significant gains as it also benefits from a Coinbase listing on approximately August 20. Recently, traditional fiat and stock trading company Robinhood listed ETC on its hugely popular online and mobile platforms.
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