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Bittrex to launch a US Dollar market for Bitcoin Cash tomorrow

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Bitcoin Cash
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On the last week of September, one of the most popular cryptocurrency trading platforms, Bittrex, officially announced to the world their intentions of supporting Bitcoin Cash (BCH), the 4th largest virtual currency in the world in the US dollar market.

According to information made public, the official date of the Bitcoin Cash US market launch will be on 3rd October. Also, traders and investors who activated their Bittrex accounts before 5th September are already entitled to the US dollar exchange. The exchange Tweeted, today:

In a few hours, 3rd October, cryptocurrency exchange, Bittrex, will be launching the much awaited and exciting US dollar market for Bitcoin Cash (BCH).

Preceding to the listing BCH, Bittrex also added Tron (TRX) and Litecoin (LTC) into their growing portfolio recently pairing them with US dollar to its platform.

During the time Bittrex was onboarding Tron (TRX) on its platform, the exchange was quick to make it known that they were the first platform that facilitated the US dollar market for Tron (TRX) in the United States.

Bittrex also made it clear the importance of launching assorted US dollar markets for virtual currencies. By creating and launching diverse US dollar markets, the platform aids in avoiding a single or a particular virtual currency holding dominance in the crypto market.

Brief History of Bittrex Exchange and their Contribution in Allowing Investors Swap Dollars for Virtual Currency

Thanks to the recent endeavors of Bittrex, investors, and traders can now buy virtual currencies using US dollars.

Bittrex, a cryptocurrency exchange that is based in Seattle has bumped into an understanding with the relevant market players to allow investors and traders to purchase digital assets with American dollars.

Regarded widely as one of the most secure virtual currency’s exchanges in the United States, Bittrex has a custom exchange engine developed to execute and process orders efficiently and quickly.

The exchange company was founded by ICT and security experts in 2014 who had more than 50 years of combined skill and knowledge. The headquarter of Bittrex is in Las Vegas, Nevada and its commitment to security is unmatched as it offers a wide variety of virtual currencies that are solely confirmed as trustworthy digital coins/assets.

Apart from Bitcoin Cash (BCH), Bittrex cryptocurrency platform has other relevant digital coins listed on their platform for trading. Such digital assets include Zcash (ZEC) and Cardano (ADA) although the crypto exchange is limited regarding geographical coverage.

Growing demand from potential customers is on the rise, bombarding the management of the exchange to expand their services to all quarters of their jurisdiction.

Recently, Bitcoin Cash (BCH) has been in the limelight for all the right reasons. Last week, the BCH experienced a sudden appreciation of price increase by 20 percent adding over 1 billion US dollars to its market capitalization.

News revolving around the sudden price surge in Bitcoin Cash (BCH) prices introduces Bitmain’s IPO filing, a mining giant. According to analysts, since Bitmain held huge reserves of the digital coin, a portion of the funds from the multi-billion-dollar fundraising will likely be put to task in the development of the cryptocurrency.

Also, apart from Bittrex, Bitcoin Cash has been receiving massive adoption in the market. Recently, Gemini, a reputable cryptocurrency exchange in the league of Bittrex, got the regulatory go-ahead to add Bitcoin Cash (BCH) to its trading platform.

According to official sources, BCH will be listed shortly on Gemini. And going by the recent activities, the Bitcoin Cash platform is making significant improvements in their system by adding new upgrades that contain censorship-resistant file storing system.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Jonas Verstuyft on Unsplash

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Can Libra help the crypto industry to reach new heights?

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Libra is motivated and determined to change the face of payment procedures across the globe and make the blockchain-based project the leaders of payments.
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The market for cryptocurrencies started with the launch of Bitcoin in 2009, and since then, so many cryptocurrencies have been launched that it gets hard to keep track of them. The crypto market has seen massive growth in the past 3-4 years as it started gaining attention from mass media, which helped in this boom.

From the past 2-3 years, several new cryptocurrency projects were launching in the market. Amid all this, the social media giant – Facebook announced the launch of their cryptocurrency platform, and this news got viral like wildfire. The announcement came forward in June, and the upcoming cryptocurrency is known as Libra, and it’ll come with its dedicated wallet called Calibra.

What is Libra?

Libra is a permissioned blockchain-based digital currency which is being developed under the supervision of Facebook’s vice president, David A. Marcus. The cryptocurrency is under development in partnership with an independent, non-profit member Libra Association. Facebook is the second member of the project, and these companies aim to use Facebook’s user base for the promotion of the digital currency when it is launched. The transactions and the cryptocurrency will be managed and cryptographically entrusted by the Libra Association.

Note: Libra Association was established by Facebook to look after the cryptocurrency and the transactions, and it was founded in Geneva, Switzerland.

The development of…

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