According to Bill Shihara, the CEO of the popular Bittrex exchange, the marketplace he runs will soon add the opportunity to trade cryptocurrencies in pairs with a fiat American dollar. This is written by CryptoNinjas.
“We will add the opportunity to trade the US dollar. It will not be accessible to everyone, however, this option will be open to most of our users,” said “Bittrex Bill” on UnikrRadio.
He also noted that anyone wishing to trade with the cryptocurrency in pairs with the US dollar would have to undergo due diligence procedures.
It remains to be seen whether the support for the US national currency is a replacement for the tokenized dollar from Tether, which is present in the listing of Bittrex.
Recall, a few days ago, crypto-exchange Bittrex tightened the criteria for listing new tokens.