The renowned cryptocurrency exchange, Bittrex is going to launch a digital asset trading platform for its international platform. This platform will have a streamlined process of approving token. Furthermore, this will provide more options in exchanges for international customers. Moreover, the trading platform is now accepting listing applications for tokens.
The announcement came from the official handle of the crypto exchange. They tweeted: “A new digital asset trading platform for international customers, built on @BittrexExchange’s technology, is coming soon.”
More about the Announcement
Bill Shihara, the Chief Executive Officer of the crypto exchange Bittrex International stated this. “We are committed to being a driving force in the blockchain revolution by increasing adoption of this innovative technology around the world“.
The platform was first dubbed as the Bittrex Malta. Furthermore, it will start soon in just a few weeks. The streamlining will help most innovative projects related to the blockchain
Furthermore, Shihara stated this on the new trading platform. “Bittrex International’s more efficient token listing process, combined with our reliable, secure and advanced trading platform technology, will make it easy to quickly feature the newest, most innovative blockchain projects for our international partners and customers. And, because we believe it’s more important for token teams to invest their time and money in technology and business development, Bittrex International — just like Bittrex.com — will not charge a token listing fee.”
The authority judges the projects listed on the Bittrex International exchange on the level of their authenticity, the effectiveness of their idea, and several other factors. After an initial review completes, guidelines from the judicial Malta Virtual Financial Assets Act follows. The process promises to be fast, by getting the listing within weeks, and not months. The exchange would run under the legal framework defined by the European Union and the VFA Act.