Bittrex International announced the launch of an international trading platform with a simplified procedure for testing tokens in Malta. It will be able to work by users of all countries, with the exception of US citizens.
Bittrex Malta will work in the EU’s legal field and on the basis of the island’s legislative base. After a year of successful operation, the company plans to apply for Malta’s financial services to accredit and obtain the status of the regulated exchange of virtual assets.
The new model of the tokens assessment provides for a reduction in the period of studying, listing and the ability to add immediately after the start of the blockchain, as well as more comfortable conditions for trading for qualified users and partners. In the next couple of weeks, registered customers, with the exception of US residents, will be redirected to a new platform, and later all new ones.
The company’s announcement says that the Americans will be closed access to international markets. They will have to further use the current site of BitTrex.com. Recall that the exchange was founded in 2013 in the United States and now occupies 43 positions in the daily volume of trading.
Despite the decline in trading volumes in the cryptocurrency market, the industry remains profitable. This confirms the purchase by NXMH