Cryptocurrency exchange Bittrex says that 2018 was an exciting year as they continued to foster innovation, incubate emerging technology, and drive transformative change in the blockchain industry.
The exchange recently reviewed 2018 in a new blog post, highlighting its new partnerships, listings, and improved customer service experience.
Bittrex’s Partners and Listings
Last year, Bittrex created Bittrex International to cater to the needs of a global audience. Bittrex Technology was used to power CatalX- a new digital asset platform in Canada, as well as by Palladium when they launched the world’s first initial convertible coin offering.
Bittrex stated in their 2018 review that:
“We continued to reinforce our role as a global leader in the blockchain revolution by expanding our partnerships and furthering blockchain’s ability to provide groundbreaking solutions around the world.”
Bittrex also partnered with Rialto trading on a digital securities trading platform, with Cryptofacil to launch a digital asset platform, with International CryptoX to launch a cryptocurrency exchange, with com on a new digital trading platform, and with VALR on a South Africa-focused digital asset trading platform.
All these partners are leveraging Bittrex’s technology and its experience in the crypto trading sector to build new businesses.
Bittrex also listed 58 new tokens on its platform of which 50 were added to Bittrex.com and 8 to Bittrex International.
Crucial blockchain and crypto projects now listed on their platforms include Sirin Labs (SRN), 0x Protocol (ZRX), Tron (TRX), LOOM Network (LOOM), Enjin (ENJ), Paxos Standard Token (PAX), Bitcoin SV (SV), PundiX (NPXS), IOST (IOST), and Zilliqa (ZIL).
Fiat Trading Rollout and Compliance
In late May, the exchange added trading in US Dollars (USD) for its customers.
By the end of 2018, over 30 US states were being provided fiat markets along with eligible customers from international markets.
The platform now has 15 token markets for USD and is expected to add new ones this year.
It reiterated its support in creating a fully-compliant and secure environment for blockchain projects, adding that it proactively engaged with regulators during the year to push for suitable policymaking.
Kiran Raj, chief strategy officer at the exchange, participated in “Legislating Certainty for Cryptocurrencies” roundtable hosted by Rep. Warren Davidson to help encourage regulations and policy initiatives for the sector.
Bittrex also worked towards educating and helping its customer’s more by adding 27 new insightful blogs with useful tips for their users.