Marco Verch / Flickr
Binance

Seattle-based cryptocurrency exchange Bittrex will soon roll-out a new USD trading pair for Sia (SC), a decentralized storage platform secured by blockchain technology that leverages underutilized hard drive capacity.

According to the brief announcement, SC/USD trading will kick-off on Bittrex starting on Monday, October 29. Fiat trading is currently only available to retail investors in 26 U.S. states and territories.

This news comes a little over a month since Bittrex added USD trading pairs for Litecoin (LTC) and TRON (TRX). Investors can also trade Cardano (ADA) and Zcash (ZEC) directly with USD.

Sia recently made headlines when it made the controversial decision to conduct a hardfork to reset its proof-of-work (PoW) function in order to block third-party ASIC miners, including those made by Innosilicon and Bitmain.

SC currently has a $264.8 million market cap, making it the 33rd largest coin in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

More: Fiat (US Dollar) Trading, Deposits and Withdrawals
Related: Bittrex to Add USD Pairs for Litecoin (LTC) and TRON (TRX)
Photo: Marco Verch / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

Voyager

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.