Seed CX Launches New Currency Pairs for Institutional Clients

Institutional cryptocurrency exchange operator Seed CX announced the launch of several new currency pairs this Tuesday.

Traders on the exchange can now access Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term cash (BCH) / USD and litecoin (LTC) / USD currency pairs.

“We’re very excited to have started live trading of BCH and LTC,” said Edward Woodford, co-founder and CEO of Seed CX.

“we’ll continue to offer more digital asset pairs in the coming months, giving institutional investors the ability to trade a variety of assets on an exchange that provides the market safeguards and technological infrastructure they demand.”

Not the first pairs

Tuesday’s news comes a couple of months after Seed CX first announced spot trading in 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.

The company claims that it is the first and only cryptocurrency exchange to offer an institutional-only setting for companies to trade digital assets.

Alongside its exchange, the firm also offers an on-exchange wallet to companies using its services.

Though Seed CX has been targeting institutional clients since its inception in 2016, there is a wider movement underway in the world of cryptocurrency to bring companies into the fray.

The reason for this is that retail traders, who drove much of the hype surrounding digital assets towards the end of 2018, have steadily drifted away from the market.