One of world’s leading cryptocurrency exchange platforms, Bittrex recently confirmed that they will be opening USD currency market for Tron ’s TRX. The information was shared on the exchanger’s official Twitter page which also announced that the TRX/ USD pair will be launched on their platform on September 17 of this year.
The original message by the exchanger stated: “we’re rolling out more USD pairs. On Sep 17 we’re launching US dollar (USD) markets for Tron (TRX) and Litecoin (LTC). Eligible Bittrex accounts created before Sep 4 are already enabled for USD trading”.
The recent update was also shared by the CEO and Co-Founder of Tron Foundation, Justin Sun on his personal Twitter page, who recently also stated that “the cryptocurrency market will hit $10 million market cap in the future”.
Bittrex, as known, has recently been making similar loud announcements as they confirmed earlier that the platform will be launching USD markets for more big-named cryptocurrencies. As reported earlier, the platform launched USD pairs for Ripple (XRP), Ethereum Classic (ETC), Cardano (ADA) and ZCash (ZEC).
The recent official statement by Bittrex also claimed that “USD pairing is a step towards the adoption of blockchain technology. Moreover, the USD markets aim to decrease the dominance and influence of one coin on other tokens in the cryptocurrency space”.
It was also stated that the major exchanger aims at providing “customers a more convenient, fast and secure option for trading along with the access to the most innovative blockchain projects in the world”. Followed by this statement, Bittrex announced that the company has a new target market of Malta as Bittrex International Inc. was officially launched.
As to TRX being in the list of the big cryptocurrencies that received the USD pair, was majorly welcomed by the community, which stated that this is a very promising development for the cryptocurrency.