US crypto exchange Bittrex have announced today that they are planning on opening up trading of Ethereum Classic (ETC) and XRP as two new USD trading pairs.
Since rolling out USD trading on their platform and testing such markets over a period of time, the Bittrex team have revealed their latest fiat trading update: ETC and XRP/USD trading pairs.
The announcement states that they will continue their phased rollout of fiat trading pairs in order to ensure quality control, stress tests their systems and evaluate which tokens should be added and when:
“While we dream big, we also plan wisely. That’s why we will continue to use a phased approach for USD trading. We are taking our time and ramping up these markets, processes and systems through a measured approach before we open it up to all qualified customers. But, the good news is that you didn’t have to wait a long time for more opportunities. As of August 20, participants will have access to USD markets for BTC, ETH, USDT, TUSD, ETC and XRP”
At this present time, the exchange states that only current Bittrex corporate and personal account customers, who reside in eligible states and qualified international regions, are able to apply for USD trading. However, the announcement reads that new approved locations will be added over time.