Bittrex Global Cryptocurrency Exchange to Launch Operations in Europe | BTCMANAGER
Bitcoin, Blockchain & Cryptocurrency News
Bittrex Inc., a leading United States-based cryptocurrency exchange, has announced that its new European bitcoin trading venue which is scheduled to go live in Liechtenstein later in October. The new venue will be powered by its existing cryptocurrency trading infrastructure, according to a blog post on September 30, 2019.
Per a blog post by the Bittrex team, the exchange is putting the finishing touches to Bittrex Global, its Liechtenstein-based exchange scheduled to commence operations before the end of October 2019.
Notably, the team has made it clear that the proposed Bittrex Global exchange will be powered by Bittrex’s existing technology platform, which the firm claims to be built upon the most reliable and robust security systems in existence.
The team says the creation of Bittrex Global is in line with its vision of growing to become the world’s premier exchange for trading distributed ledger technology-based coins and tokens in a compliant way. Reportedly, Bitrex Global will operate in compliance with the requirements of Liechtenstein’s “Transaction Systems Based on Trustworthy Technologies Act,” also known as the Blockchain Act.
The team has hinted that the Bittrex Global exchange will support bitcoin and a vast array of altcoins, as well as innovative features to be announced later in October.
Bittrex International Shutting Down
The Bittrex team rebranded its Maltese arm into Bittrex International in October 2018, in an effort to provide blockchain projects with a secure and efficient platform for listing their tokens free of charge.