The official Twitter post reveals that Bittrex is planning to add more USD pairs by September 17 of the current year. It further stated that the platform has planned to launch the US dollar [USD] markets for the Tron [TRX] and Litecoin [LTC].
In addition, the report suggested that those accounts created on Bittrex before September 4 are now empowered for USD trading.
The Bittrex accounts that are empowered for the fiat (USD) trading can freely regulate with the USD and the cryptocurrencies that are available. The account holder is requested to whitelist their accounts for commencing the regulation via USD trading.
The point to be noted here is that if your account is not whitelisted and you have a keen interest in trading with USD you are qualified to do so.
Working of the Bittrex Accounts:
All the accounts on Bittrex are thoroughly verified for trading with the USD. The users are either allowed to create only one account per request or the user can also enable their organizations or corporate accounts for trading with the same request.
The person creating personal accounts will have to give an email address. The users who are approved by the corporates posing multiple accounts will have to enter the separate email addresses by using a comma.
The users are requested only to enter the email address and no other details.
The sources confirmed that the fiat trading is available only in specified locations or countries. These include Puerto, Rico, AZ, AR, CA, CO, IA, KY, MA, MT, MO, ND, NM, NY, UT, WI, WV, or WA.
In addition, the corporate users functioning in the PA are also eligible. The sources confirmed that the accounts approved for the USD trading may not be eligible for USD withdrawal and deposits.
It may take almost 14 working days to approve your trading.
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Disclaimer: Koinalert’s content is only for information purpose in nature and should not be considered as investment advice. Do your own market research before investing in any cryptocurrencies. The author or publication does not hold any responsibility for your personal financial loss.