Temporal: Enterprise Solution for Distributed Data
· ·

Bittrex Forms Bittrex International, Announces New Digital Asset Platform in Malta

Seattle-based Bittrex is expanding its reach as a blockchain powerhouse, unveiling plans to launch an affiliate company, called Bittrex International. The addition will aim to play a role as cryptocurrency influencer to streamline blockchain adoption on a global scale.

Bittrex Sets Up in Malta

According to Bittrex CEO Bill Shihara, endorsement is the key to attribution, stating that the growing company and its subsidiaries are capable of facilitating a wider range of partnership opportunities in crypto-economic communities. In a press release, he said:

“At Bittrex, we’re using our secure, reliable and innovative platform technology to power the blockchain revolution. Bittrex International and its subsidiaries will further advance our work to increase adoption of this revolutionary technology by streamlining the process of identifying and listing some of the world’s most innovative blockchain projects.”

Additionally, Bittrex International is tasked with establishing Bittrex Malta Ltd.

As a platform for innovative coins, all digital assets will be available on Bittrex’s international network of partner exchanges. Working out of Malta also means working with an accompaniment of regulation groundwork established by the European Union and Maltese Government. Remaining consistent with international laws builds trust in a mutually beneficial undercurrent of politics.

Related: Bittrex to Power Cryptofacil Digital Asset Platform in Uruguay

Bittrex International and Bittrex Malta were introduced just days after the company announced a partnership with Cryptofacil in Uruguay for Latin American and Caribbean locations.

It seems Shihara is staying true to his mission for global outreach, as blockchain correlation spins its web past obscurity into neutrality. However, unlike Gemini, the brainchild of Winklevoss twins Cameron and Tyler, Bittrex remains unregulated.

Finance and technology is a convoluted concept for Congress to marry, but if blockchain security measures continue to tighten its grip around hacking opportunities, scalability-stress is en route to becoming a thing of the past. Algorithm trading with Bittrex utilizes multiple application programming interfaces (APIs) to communicate software protocol during each transaction. The result is an instant, yet transparent, method of execution.

Cover Photo by Ferenc Horvath on Unsplash

Posted In: , , Adoption, Bittrex, Crypto Exchanges

The above advertisement is an affiliate link. CryptoSlate will earn a small commission if you sign up.

Like what you see? Subscribe to CryptoSlate

Get our daily newsletter containing the top blockchain stories and crypto analysis straight to your inbox.

Sign up to stay informed
Trevor Ballanger

Trevor Ballanger is a freelance journalist based in Chicago. He graduated from Columbia College with his bachelors degree in journalism in 2018. He is self-educated and well-versed in legitimate entertainment news. As a visual thinker, he utilizes creativity as a basis for inspiring curiosity and integrity within his writing.

View author profile

Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.