Cryptocurrency News

Bittrex offering 0 trading fees and announces EU expansion

The US-based cryptocurrency exchange, Bittrex, is lowering fees for American clients and announced on June 12, that the company will expand to new markets inside the Eurozone during the summer.

If plans are met,  the platform would allow customers to trade cryptocurrencies using the Euro. With a daily trading volume of over $81million and with 347 digital assets available, the exchange is now looking to give its clients an easier way to trade large quantities of assets and support the mission of accelerating blockchain adoption worldwide.  Bittrex is certainly not the first or the last exchange building bridges with fiat currencies, with companies such as Binance, OKCoin and Coinbase, offering the same services.

In addition to the expansion plans,  their US users were glad to hear that a promotional month will be offered. 0 maker and 0.15% taker options will be part of the July promo, being this the first time the exchanges lower fees in their main market. Is important to highlight, that only qualified accounts will be able to take the promotion. Accounts that have made more than $30K in trading volume since the opening of the account, won’t be able to enjoy fees facility.

Many experts believe that the promotional month is a way to compensate users for the latest decision of blocking US users from buying and selling 32 cryptocurrencies.

Image licensed via Shutterstock

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