BTC
USD 10,017.82
ETH
USD 212.08
XRP
USD 0.28
LTC
USD 72.40
BCH
USD 307.89
EOS
USD 3.91
XLM
USD 0.07
XMR
USD 73.54
Download Best WordPress Themes Free Download
Download WordPress Themes Free
Download Best WordPress Themes Free Download
Download Premium WordPress Themes Free
lynda course free download
download samsung firmware
Download WordPress Themes
ZG93bmxvYWQgbHluZGEgY291cnNlIGZyZWU=

Bittrex Segregates US Traders With Launch Of International Exchange

US-based cryptocurrency exchange Bittrex confirmed it was relaunching its Bittrex Malta platform as a new exchange for non-US traders.

US Traders To Stay On Bittrex.com

In a press release and blog post, executives confirmed its new Bittrex International would host all its non-US users when it launched following a “brief evaluation process.”

US residents will use a segregated Bittrex.com platform, which will not feature some new tokens available to International account holders.

“All customers will continue to have access to all of the same tokens, trading pairs and wallets on Bittrex.com (even if you are redirected to (Bittrex International)), and non-U.S. customers who are eligible to access the international platform will be able to trade new tokens only available on Bittrex International,” the blog post confirms.

U.S.-based customers will continue to use the Bittrex.com site and will not have access to the new tokens available on Bittrex International.

The move leverages Bittrex’s new base in Malta, allowing its new offerings to circumvent the complex laws governing cryptocurrency token trading in various US states.

The Maltese Trend Continues

Bittrex International will be an EU regulated exchange and follows in the footsteps of similar moves by Binance, Huobi and, most recently, ZebPay.

As well as new tokens, the listing process for the new platform will be “streamlined,” CEO Bill Shihara says, and — like Bittrex.com — will be free of fees for token teams. “We are committed to being a driving force in the blockchain revolution by increasing adoption of this innovative technology around the world,” he commented in the press release.

Malta has signed various deals with cryptocurrency exchanges this year as part of its plan to embrace disruptive technology.

Senior politicians have publicly praised both the crypto and blockchain sectors, with president Joseph Muscat telling the United Nations this month that the former represents the “inevitable future of money.”

What do you think about Bittrex International? Let us know in the comments below!

Images courtesy of Shutterstock.

References

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More