Bittrex Global confirms free trading
International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens
Bittrex Global confirms free trading as it announces
today 8 new DeFi tokens will be listed this week including:
REN (REN & renBTC)
Kyber Network (KNC)
Band Protocol (BAND)
YF Link – (YFL)
About Bittrex Global
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
In addition Bittrex Global’s users can also trade all of their DeFi tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens follows on from the 1,000% growth of the DeFi asset class over the course of 2020.
The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.
“Indeed the last year has seen huge growth in DeFi as an asset class also a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021 as Bittrex Global confirms free trading
Offering free trading fees on DeFi through the end of the year helps expose these projects to our millions users.”
In addition Bittrex Global has almost all the top DeFi tokens live on its exchange for trading free from charges.