15 Shares 3516 Views

Bittrex to accept USD deposits

February 4, 2018
15 Shares 3,516 Views

From Unikrn’s radio interview with Bittrex’s CEO Bill Shihara, popular exchange will soon be able to fill up accounts with fiat currency. To be exact, in US dollars for most of their clients and partners. For this moment, there are few main US exchanges that are accepting US dollars are GDAX/Coinbase and Gemini. This would make Bittrex equal shoulder to shoulder with these major exchanges.



Newbies at cryptocurrency often find entry into the cryptocurrency market through the Gemini or Coinbase/GDAX platform, because the process becomes fairly simple for fiat deposits. It goes through automated clearing house (ACH) or a bank wire transfer. This is why these two exchanges remain so competitive, despite the fact, that they have extremely limited options. Fiat deposits is a game changer not just for the Bittrex, but also for entire cryptocurency community as Bittrex is one of the most recognized exchange in the market.


UnikrnRadio: Bittrex CEO Bill Shihara + Rahul Sood:

It is only a question of time when Bittrex will include USD deposits in it’s services then both Coinbase and Gemini will be forced to ‘brace themselves’ during the fight for bigger ‘bite’ of the market.

Subscribe to our NEWSLETTER (by subscribing you agree to get latest articles and promotions to your inbox)
Facebook Comments

You may be interested

The Worlds First Crypto Rally 2018 Adds F1 Power
Entertainment
2 shares163 views
Entertainment
2 shares163 views

The Worlds First Crypto Rally 2018 Adds F1 Power

Justin - May 26, 2018

Vilnius/London – May 24, 2018. The first Crypto Rally will be launched in July 2018. The rally starts on July 17 in Lithuania’s capital city Vilnius and…

Gravity Protocol Testnet Goes Live Today – Run Nodes, Capture the Network and Make Profit
Crypto news
1 shares135 views
Crypto news
1 shares135 views

Gravity Protocol Testnet Goes Live Today – Run Nodes, Capture the Network and Make Profit

Justin - May 25, 2018

Gravity Protocol, a Graphene-based blockchain protocol, built on Delegated Proof-of-Importance Consensus with adaptive emission, is releasing its Testnet on May 25. Graphene enthusiasts and developers are invited…

World Beyond Banking – Evolving Revolut Adopts Cryptocurrency Within Revolut Crypto
Crypto news
5 shares693 views
Crypto news
5 shares693 views

World Beyond Banking – Evolving Revolut Adopts Cryptocurrency Within Revolut Crypto

Justin - May 25, 2018

After Revolut fulfilled promises bringing cryptocurrencies to their customers through the app, back in Decemeber now they came back with even better news - payments using cryptocurrencies…

Most from this category