Despite what seems to be the current Alt season depression, better news come to crypto. Following the Robinhood announcement of commission free cyrpto trading, Bittrex would be opening up to USD deposits. Currently, the exchange only deals in cryptocurrencies, with either bitcoin (BTC) or tether (USDT) serving as the pairing for all of their listed cryptos. However, the CEO cautioned that “Bittrex will never be retail shop” and “the average person who knows nothing about crypto could or should trade on Bittrex.” Instead, they are targeting institutional and professional traders.
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If you would like to learn more about Bittrex and how to trade cryptocurrencies, please refer to our tutorials.