The Maltese branch Bittrex will begin work in the coming weeks
29 Oct American cryptocurrency exchange Bittrex officially announced that it intends to enter the global market thanks to the launch Bittrex International (formerly known as Bittrex Malta).
In the coming weeks, a new marketplace waiting period of testing and evaluation, after which it will open its doors to international users.
Bittrex International intends to streamline the process of listing tokens on the platform. Team exchange is committed to reducing the approval time to several weeks. Now, as a rule, the inclusion of the token in the listing take months. Tokens and coins are traded on the main platform Bittrex.com will also be presented on the new exchange.
The new site does not provide for fees for the listing. Tokens will be tested on their compliance with International standards Bittrex. Approved projects will have to undergo a registration procedure under Maltese law “On virtual financial assets”.
Activities Bittrex International will comply with the legislation not only of Malta but also of the European Union. New users will check for compliance with the requirements of AML/KYC. The citizens of the United States will not have access to a new platform: they suggest to continue to use Bittrex.com.