RATE Group | Bittrex Launches Crypto Platform for Middle East Following New Partnership
57374
post-template-default,single,single-post,postid-57374,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bittrex Launches Crypto Platform for Middle East Following New Partnership

09 Aug Bittrex Launches Crypto Platform for Middle East Following New Partnership

Posted at 00:29h in Cryptocurrency News by

[ad_1]

Bittrex cryptocurrency exchange is partnering with Bahrain-based crypto exchange and custodian provider Rain Management WLL to launch a digital asset trading platform for customers in the Middle East and North Africa (MENA).

The new platform will purportedly combine Rain’s staff and expertise in the MENA region with Bittrex’s technology and security infrastructure, according to an announcement on July 31. 

The platform will offer all the tokens that are currently available on Bittrex and Bittrex International. It will also offer four Bitcoin (BTC) trading pairs with local fiat currencies: the Bahraini dinar, the Kuwaiti dinar, the United Arab Emirates dirham and the Saudi riyal.

Local Regulation

According to the announcement, this new digital asset trading platform is the first to be fully licensed in MENA. Rain purportedly took part in the regulatory sandbox of Bahrain’s central bank, which launched in February 2019. 

As such, the firm operates under the so-named Crypto-Asset…

[ad_2]

Source link

Tags:
, , , , , ,