The Bittrex cryptocurrency exchange has announced that it plans to launch a digital currency trading platform that will serve the LAC region which includes Latin America and the Caribbean.
The new trading platform will be developed through collaborative efforts between Bittrex which is based in the U.S and a new crypto trading platform called Cryptofacil. The U.S-based crypto exchange revealed that the new trading platform has been developed with the aim of delivering digital currency trading services to the residents of the LAC region and that it will give them access to more than 200 cryptocurrencies.
“At the moment the companies are offering a pre-registration period for interested traders,” stated Andres Szafran, one of the founders of Cryptofacil.
Szafran also revealed that his team plans to take advantage of the token review process and experience of Bittrex through their partnership. He also added that Cryptofacil was created to attend to the basic requirements of customers. These include a cryptocurrency trading platform that is simple and easy to use while also delivering the best support and value to customers.
Bittrex and Cryptofacil plan to provide the best cryptocurrency trading services to clients
According to the Cryptofacil founder, the platform plans on becoming the best and most reputable crypto service in South America by providing a secure and safe environment. Bill Shihara, the CEO of Bittrex believes that the Uruguay-based Cryptofacil team has a proper understanding of the Caribbean and Latin American markets. The Bittrex CEO believes that the partnership provides his company with an opportunity to provide residents with access to a wide selection of digital currency assets.
The Bittrex executive believes that his company?s reputation will play a significant role towards helping them to achieve their goal. The collaboration with Cryptofacil should also help push the platform towards global adoption. The U.S-based cryptocurrency exchange also announced recently that it is launching two new trading pairs for USD. The trading pairs will feature Litecoin (LTC) and Tron (TRX). Bittrex started trading crypto pairs a few months ago and has been working on increasing the crypto pairs to provide more options for traders.