On August 20, the Bittrex cryptocurrency exchange is launching US dollar (USD) markets for Ethereum Classic (ETC) and Ripple (XRP).
That means as of August 20, those with accounts eligible to trade in USD will have access to USD markets for BTC, ETH, USDT, TUSD, ETC and XRP.
Although Bittrex isn’t the most popular exchange, it arguably should be more popular than it is given what it offers.
Bittrex has more BTC pairs than most major exchanges for one. It now trades in USD for some pairs for two (this is new for 2018 although I think they had offered USD pairs at one point in their history). And, for three, it is a U.S.-based exchange that is from what I understand compliant with U.S. law.
There are really only a few exchanges that fit that hit all those marks Kraken, Coinbase, Gemini, and Bittrex. Of those Kraken is the only one that comes close to having as many altcoins for trade.
In practice many choose to Binance instead of Bittrex for their alt trading, but that is almost an odd choice for US traders. Bittrex has most of the same pairs along with the other features it has in common with exchanges like Coinbase.
So while Binance may have been the exchange your friend with the affiliate link recommended, and may be a solid exchange, Bittrex is just as worthy of taking a look at (especially now that they also offer some USD pairs).
- Here We Go…Rolling Out More USD Pairs. Bittrex.com.