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.
— Bittrex (@BittrexExchange) October 28, 2018
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.
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.
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.