According to the exchange's latest figures more than 95% of Steem trading is currently done through Bittrex.
Bittrex, the U.S-based cryptocurrency exchange, has released a number of key business metrics for the second quarter of the year. It added twelve new coins in Q2 2016, making Bittrex the only exchange listing all of the top twenty coins by market cap. The coins added in order of addition: Rise, Waves, DigixDAO, Breakout, Project Decorum, The DAO, Krypton, Lisk, SARCoin, STEEM, Destiny, Memetic.
The exchange boasts that both Waves, which was added in June, and Lisk, which was added in late May, were listed first on Bittrex and debuted as top-ten coins and remained among the top dozen coins since their introduction. Furthermore, its latest figures show that over 95% of Steem and Waves trading is currently done through Bittrex.
“Bittrex continues to support innovative technology and business models on the blockchain, and we’re proud of the growing variety of options we provide our users, said Bill Shihara, CEO and co-founder of Bittrex. “Each token is vetted thoroughly before we add it to Bittrex, and fair price discovery of tokens helps secure these networks and demonstrate market support in their use cases.”
Bittrex says it supports both new and established cryptocurrencies, providing users with a growing selection of investing and trading opportunities. The exchange assures clients it conducts compliance audits on all new coin launches, verifying that users have the information they need to make informed decisions. The Bittrex exchange currently supports more than 190 cryptocurrencies, far more than most U.S based exchanges that mostly focus on Bitcoin and lately Ethereum.