eToroX fiat stablecoin GoldX BTC
Exchanges | News
eToroX Adds Five New Fiat Stablecoins With GoldX/BTC Pairings
November 14, 2019
eToroX fiat stablecoin GoldX BTC
Exchanges | News
eToroX Adds Five New Fiat Stablecoins With GoldX/BTC Pairings
November 14, 2019

EToroX, the digital asset platform of eToro, a social trading platform announced the listing of privacy coin- Dash with five fiat stablecoin pairs alongwith Coinbase’s USDC and Tether’s USDT with GoldX/BTC pairings.

As per a press release published on Nov. 12, the users of eToroX can also trade fiat stablecoins pairs such as:-

  • Turkish Lira (TRYX)
  • Polish Zloty (PLNX)
  • South African Rand (ZARX)
  • Hong Kong Dollar (HKDX)
  • Signaporean dollar (SGDX)

Along with:-

  • U.S. dollar-backed tokens USDC
  • Tether (USDT). 

As of now the total number of assets that can now be traded on the cryptocurrency exchange are 17 stablecoins and 96 trading pairs.

Doron Rosenblum, managing director at eToroX, commented:

ALSO READ :  Crypto Ranking Website CoinGecko Launches Derivatives Section

“We see the addition of USDC and USDT as a way for eToroX to further meet the needs of professional and institutional algo traders, particularly in the Asian markets. Adding five new stablecoins, plus the addition of the Dash cryptoasset, demonstrates our ongoing commitment to bridge the gap between the world of blockchain and traditional financial markets.”

Gold Token Also Available In EToroX

The cryptocurrency exchange also added new pairings to trade tokenized gold (GOLDX) against Bitcoin (BTC). The exchange notes that users see gold as a safe asset in counterpart to its digital asset, Bitcoin.

Rosenblum explained:

“Our Gold/Bitcoin pair provides a means to trade between the old and the new stores of value, making Gold/BTC an extremely special and interesting combination.”

Recently, eToro acquired the cryptocurrency portfolio app Delta that tracks around 6000 different cryptocurrencies and tokens over 180 exchanges.

ALSO READ :  Huobi partners with Global Digital Finance (GDF)

Source: PR Newswire | Image: CCG

Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Jafrin Ahmed

Crypto newbie passionate about creating resourceful content on blockchain technology, cryptocurrencies and decentralized apps.