BTC-e Adds Ethereum and Dash Bitcoin Trading Pairs

One of the most cryptic crypto exchanges, BTC-e has successfully completed the addition of two new trading pairs today. The exchange added Bitcoin-based trading pairs on the second and fifth largest 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 by market cap, Ethereum and Dash.

Very little public information is known about BTC-e despite it being one of the longer lasting exchanges and having a large base of customers. It is very much geared toward traditional retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders as, via a partnership with FXOpen, BTC-e was the first exchange to offer cryptocurrency trading using the MetaTrader 4 platform. And it also started offering PAMM accounts (percent allocation management modules), a form of managed trading enabling to copy the orders of strategy providers, very popular in Russia back in 2014.

As such, this move might help Ethereum and Dash become more popular with active retail traders as despite its lack of transparency, BTC-e has successfully carved a niche with this type of trader, especially in Russia and China. Right now it only offers DSH/BTC and ETH/BTC but it might expand the range in the future to include the fiat currencies it supports USD, Russian ruble and the euro as well as Litecoin.

Dash, the cryptocurrency formerly known as DarkCoin, marked its second birthday back in January with a vote among its stakeholders to increase the blocksize from 1 MB to 2 MB. Evan Duffield, creator and chief architect of Dash, shared his thoughts with Finance Magnates about this move and his creation at the time.