Bitcoin Exchange BTC-e Announces Support For Ethereum And Dash
Several cryptocurrency exchanges have announced their support for Ether trading, following its unprecedented growth in the past couple of months. BitBay, Bitfinex, Coincheck, Bitso, CHBTC and many others integrated ETH to their list of supported currencies, saying that the amount of traction that Ethereum received recently was hard to ignore.
European Bitcoin exchange BTC-e is the latest to join this list. On Wednesday, it announced the addition of new trading pairs of currencies Ethereum and Dash. At present, BTC-e only offers ETH/BTC and DSH/BTC.
Dash, a second generation digital currency, has completed two years of its existence. It was officially launched by web developer Evan Duffield. Dash has raised its blocksize from 1 MB to 2 MB by holding a vote among its stakeholders. Interestingly, it passed within 24 hours with 99 percent of the vote, Finance Magnates reported.
According to latest estimates from coinmarketcap.com, market cap of Ethereum is currently over $600 million and stands firm at the second position. Dash, on the other hand, takes the fifth slot with its market cap a little over $41 million.
BTC-e is one of the leading bitcoin exchanges and has been operating for more than four years now. It was was the first Crypto-currency exchange to offer clients trading crypto-currencies via the Meta Trader 4 terminal. According to statistics available on Coinmarketcap, the 24 hour bitcoin trading volume places the exchange on the fifth position, at the time of writing.