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Cryptocurrency exchange HitBTC increases support of EUR and USD deposits

Cryptocurrency exchange HitBTC has increased the support of EUR and USD depositing, allowing all new registered users to easily pass the verification process, deposit fiat currencies on their accounts and proceed to cryptocurrency trading.

According to the release by Bitcoin.com, a number of cryptocurrencies are paired directly with USD or EUR including bitcoin, litecoin and Ethereum. Overall, the exchange provides over 20 trading markets listing new digital assets. By adding the support of fiat currencies, HitBTC is aimed to attract professionals who are involved in types of trading like stock markets, forex trading, commodities, among others.

“After three years of hard work, we’re finally ready to bring mainstream traders to cryptocurrencies, and vice versa. Cryptocurrency trading is a young, sharp, and fluctuating, yet quite established field. Like any other markets, cryptocurrencies are influenced by a plenty of factors and follow certain patterns that can be analyzed and used professionally for making a profit. Therefore, we’re making steps forward to traders so that, they can capitalize their knowledge in a relatively new, promising niche,” Paul Clarkson, product manager at HitBTC said.

The core components of this exchange process will include transparency, dependable API, support for FIX protocol, special offers for market makers, among others. The exchange has already finished with the core development and is now ready to engage newcomers with 0% depositing fees. All new verified users can request this fee till October 20, 2016.

“Besides having a professional team of developers, we have a well-organized team of financiers and outsourced trading experts. The massive financial expertise allows us to make our product mature for penetrating the traditional financial market. As for development, we are especially proud of our support for FIX, which is unprecedented for bitcoin exchanges,” Clarkson added.

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