Voyager

Seattle-based cryptocurrency exchange Bittrex will soon roll-out two new direct USD-crypto trading pairs next week: Litecoin (LTC) and TRON (TRX).

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.

LTC and TRX are currently ranked 7 and 12, respectively, in the AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens.

Similar: Bittrex Plans to Launch USD Pairs for Cardano and Zcash
Related: Bitcoin Gold (BTG) Delisted by Bittrex After Failing to Repay Stolen Coins

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