Bittrex, a U.S.-based cryptocurrency exchange platform, and invest.com, a fintech startup based in London, are set to launch a new EU-focused crypto trading platform.
The collaboration, announced Thursday, aims to provide cryptocurrency investors with "The ultimate platform to trade cryptocurrency in a safe and secure environment," according to a press release.
The firms will leverage Bittrex's exchange technology and invest.com's portfolio management experience to develop the new platform, the two companies said.
Bittrex CEO Bill Shihara said in a statement that the companies hope to "Increase customers' access to some of the world's most innovative blockchain projects and further drive adoption of this revolutionary technology."
Shihara added that the establishment of the exchange platform is only one part of the partnership as it will soon expand globally "Through new services and strategic partnerships."
While the platform will initially serve customers in the EU only, it also plans to offer services to other regions and countries with qualifications in future.
"Our goal is to become the most reputable platform in the EU and later in numerous countries across the globe."
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
Bittrex and Invest.com Partner on New Crypto Trading Platform
gepubliceerd op Jul 5, 2018
by Coindesk | gepubliceerd op Coinage
Coinage
Recent nieuws
Alles zien
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.