Bittrex CEO Revealed Plans to Launch US Dollar Trading

The Chief Executive Officer of Bittrex Exchange stated in an interview that the exchange will soon open USD trading for the majority of the customers
01 February 2018   2723

Bill Shihara is a co-Founder and CEO of Bittrex, who previously was a Security Engineering Manager at Amazon and Manager of Security Threat Analysis and Security Engineering at BlackBerry.

In a recent interview with Unikrn radio, Bill Shihara revealed that the popular cryptocurrency exchange Bittrex will soon launch US Dollar trading on the platform. Those news are really big considering the recent problems connected with Tether (USDT). 

We will be doing US dollar trading. This won't be open to everybody, but we will have US dollar trading available for the majority of our customers. People who are interested, there is a separate, enchanced due diligence process around getting your account blessed for US dollars.
 

Bill Shihara

Bittrex CEO

As for the community reaction to the abovementioned news, many users suggest that the ticker USDT will be removed and changed for USD, but there is no confirmed information regarding this issue yet.

Bittrex is delisting Synergycoin

After a long silence from the developers Bittrex has announced it is delisting Synergycoin active on April 27
19 April 2018   266

Bittrex Support desk has released an announcement stating the removal of BTC-SNRG market on April 27. SNRG is a token of cryptocurrency startup Synergy. The coin initially featured built-in TOR network anonymization, public transaction comments, dual key stealth addresses (a way to hide the receiver of a coin), blockchain notary (a tool for incorporating a PoE into the blockchain) and a long-term blockchain validation (using the SHA256d algorithm).

Judging by the relatively recent posts on the official coin forum (1 and 2) the development halted for an unknown period of time with no communication with the developers team representative. Bittrex was one of the top stakers of the coin, and that fact provided the price stability for some time. Since the situation has not changed since last pump (November, 2017), the coin will be delisted.

At the moment of publication, Synergy market parameters are as follows

  • Average price: $0.559445
  • Market cap: $2,005,214
  • Volume (24H): $17,086