We’re rolling out more USD pairs. On Sep 17 we’re launching US dollar (USD) markets for TRON (TRX) and Litecoin (LTC). Eligible #Bittrex accounts created before Sep 4 are already enabled for USD trading. New user or want to deposit/withdraw USD? Details: https://t.co/KA248OA2Bz pic.twitter.com/21xA8xZ4vm
— Bittrex (@BittrexExchange) September 12, 2018
The news comes a week after Bittrex added U.S. dollar trading pairs for two more popular altcoins: Cardano (ADA) and Zcash (ZEC). The exchange also offers USD markets for stablecoins Tether (USDT) and TrueUSD (TUSD). The new TRX and LTC markets will be available to qualifying investors starting on September 17.
Bittrex is only ranked 32nd overall by total platform trading volume, but the addition of Litecoin and TRON should work to further build the exchange’s userbase, as these are among the most popular cryptocurrencies on the market.
For TRON, this is the second major exchange announcement in recent weeks, as it was recently added to KuCoin, a Singapore-based cryptocurrency exchange. Given that KuCoin and Bittrex are popular exchanges for altcoin trading, these new listings should help bring additional liquidity to TRX.
As for Litecoin, this is definitely welcome news as the current bearish downtrend has driven LTC near 52-week lows.
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.