Bittrex Exchange Added a Dozen New Cryptocurrencies in Q2 2016

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 Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term, 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 Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, 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.