Published
5 years ago on
March 12, 2019
Bittrex have announced that for the first time, international users of the Bittrex exchange will be able to purchase tokens at a fixed cost directly from the issuer on Bittrex, improving decentralisation.
You can see the full press release for yourself here.
“RAID and Bittrex International today announced that the Bittrex International digital asset trading platform will host the upcoming Initial Exchange Offering (IEO) of RAID’s XRD token. The initial exchange offering will be used by RAID, an international gaming data blockchain project, to develop new technologies that reward gamers for sharing data that fosters improvements, marketing and new business development for gaming companies. The IEO will officially start at 10:00 a.m. KST on Friday, March 15th.”
Users will be able to purchase XRD by using Bitcoin via the international Bittrex platform, which is now based in Malta, the up and coming blockchain hub of Europe. Bill Shihara of Bittrex International has commented on this latest announcement:
“We are committed to increasing adoption and moving the blockchain revolution forward. The ability for projects like RAID to innovate, advance, and promote the gaming industry on our platform is a game changer for all involved. And not just for RAID and our team. Now our international users have direct access to blockchain projects with the peace of mind that comes from Bittrex International regulated in Malta. We are excited for this IEO and look forward to helping similarly innovative teams connect with users to build their platforms for the future.”
The Co-founder of Raid, Taesung Kim has added:
“To have our IEO be the first of its kind on Bittrex International is a tremendous honor, considering their reputation and the highly selective process we went through to get here today. We, along with our core partner OP.GG, view this as a vote of confidence in our vision for this project and the gaming industry. This IEO will be crucial to making a more transparent gaming data ecosystem, and the businesses needed to achieve it, a reality.”
This is an exciting move that should see a huge level of interest peak within Bittrex International, moreover, this is providing a promising platform for the adoption of XRD and indeed, gives Bitcoin yet another use case.
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