Leading cryptocurrency exchange Bittrex has announced that it is expanding its fiat-pair offerings - adding ETH-USD trading to its platform.
Tweeting the announcement last night, the addition sees the exchange expanding its fiat options, after last month announcing USD pairings for BTC, USDT and TrueUSD:
Outlining their strategy on their blog, the Seattle-based exchange explained that they are “using a phased approach for adding markets and customers,” meaning that the new USD pairings will initially be available to certain clients in four states in the US: Washington, California, New York and Montana.
The blog makes clear however, that the exchange soon intends to expand to retail customers in other states as well.
With fiat-trading a significant milestone in helping cryptocurrency adoption in general, Bittrex CEO Bill Shihara emphasised how important this development might be in helping with mainstream acceptance