Bittrex Receives Bank Agreement to Allow Trades in US Dollars

Bittrex Receives Bank Agreement to Allow Trades in US Dollars

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The Seattle-based cryptocurrency exchange, Bittrex Inc., announced today that they signed a banking agreement which will allow many of its customers to trade in US dollars. This reported by Bloomberg on May 31.

Bittrex stated that this agreement, with New York-based Signature Bank, will allow its customers in select states to purchase cryptocurrency using US dollars. This move is expected to substantially increase trading volume on the platform.

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Bill Shihara, the chief executive officer of Bittrex stated “it’s not about banks being able to trust Bittrex, it’s about them being able to trust cryptocurrency in read more

Hayden P.

A blockchain and cryptocurrency enthusiast

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