CatalX And Bittrex To Launch A Digital Asset Trading Platform In Canada
A new platform has been released in Canada to offer an exchange for digital tokens in Canada. Bittrex has partnered with a United States based blockchain trading platform to launch a new digital asset trading platform that will list the broadest range of virtual tokens in Canada. The new platform is preparing to launch a beta version on August 27th, 2018.
ICYMI: Today we announced a new partnership with CatalX that will launch a new Canadian digital asset trading platform, powered by #Bittrex technology. https://t.co/HQBeuZneG6 for an account here: https://t.co/jg4asKilaN pic.twitter.com/C6kzfnIBmd
— Bittrex (@BittrexExchange) August 15, 2018
CatalX as the new platform is called, is run by a veteran team of cryptocurrency specialists who have already successfully managed other Canadian trading platforms. They are specialized in compliance, general operations and customer support with marketing and sales backgrounds as well.
With the help of the highly-trusted Bittrex, the new technology is ideal for listing and using utility tokens; they were selected using an innovative review process for screening new tokens. Anyone who wants to learn more about the new platform can do so at the company website catalx.io.
The new partnership with Bitrrex is a big step for the company, who is attempting to become one of the leaders in cryptocurrency for Canada. They’re excited to work with Bittrex who already has a widely supported system in the United States. As of now, the new exchange will help more than 200-coin pairings in total – many of them considered premium tokens.
Focuses on the new partnership will be on customer service, business ethics and commitment to staying within federal regulations. They are working closely with FINTRAC and the Department of Finance to ensure security on the system is high-level to guarantee the community is safe.
Blockchain technology will be the backbone of the system, with the hopes of bringing it globally at some point in the future. Canadian cryptocurrency users will finally have a fast, reliable and secure trading platform that works in conjunction with the world’s most significant blockchain projects. Another goal is to create more new innovative projects with blockchain and all related technologies.
Bittrex and CatalX are now going to be at the top of the leadership totem pole, with new visions guaranteed to skyrocket Canada’s participation in cryptocurrency. The new solutions will ensure a positive community for investing in digital assets in the country.
CatalX was started in 2017 and developed under license from Bitrrex. They are aiming to be the country’s largest platform for trading digital currencies. As for Bitrrex, the company was created by three engineers who wanted a fast, secure exchange for American citizens. They are not a regulated exchange but considered a leader in the cryptocurrency sphere for innovations and new technology.