Digital currency exchange, Bittrex, has added 12 new coins in the second quarter of 2016, making it the only exchange listing all of the CoinMarketCap top 20 coins.
The coins added in order of most recent are: Rise, Waves, DigixDAO, Breakout, Project Decorum, The DAO, Krypton, Lisk, SARCoin, STEEM, Destiny, Memetic.
Consistency of new coins
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.
They have steadily remained among the top dozen coins since their introduction. More than 95 percent of Steem and Waves trading is currently done through Bittrex.
WAVES is a decentralized platform that uses custom blockchain tokens to represent value. Tokens can be issued by any platform user, and can be transferred, swapped, and traded on an integrated decentralized exchange. Tokens may represent a share in a crowdfunding project, financial instrument, or any other item with inherent value.
Steem is a blockchain-based social media platform where users can earn rewards.
The standards of Bittrex
The cryptocurrency landscape is in a constant state of expansion as brand new coins are developed and built on blockchain technology.
Bittrex claims to supports both new and established cryptocurrencies, providing users with an ever-growing selection of investing and trading opportunities.
Bill Shihara, CEO and co-founder of Bittrex, says:
“Bittrex continues to support innovative technology and business models on the blockchain, and we’re proud of the growing variety of options we provide our users. 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.”
The exchange conducts compliance audits on all new coin launches, ensuring that users have the information they need to make informed decisions. It currently supports more than 190 cryptocurrencies.