Bittrex Enters the Canadian Crypto Market with CatalX Deal

Bittrex, one of the largest cryptocurrency exchanges within the U.S., revealed that it has partnered with CatalX to bring Bittrex tech into Canada.

We're excited to announce a partnership with CatalX that will launch a new Canadian digital asset trading platform.

There are only a handful of Canadian-based exchanges, and their books are also fairly limited; this is where CatalX and Bittrex step in.

Under the terms of the agreement, Bittrex will provide its state-of-the-art platform technology to help improve the CatalX platform.

Bittrex will give CatalX access to its vast selection of tokens, which have already undergone a robust token review process before being added to the platform.

"This partnership with Bittrex is a big step for us, as it positions us as a leader in the Canadian digital asset market. We are honored to be able to bring Bittrex's extensive cryptocurrency options to the Canadian market with one of the highest brand reputations in the industry. We will offer more than 200 coin pairings with premium features as well as competitive fees."

Despite a bear crypto market, Bittrex continues to expand.

Beyond launching in the Canadian market, its partnership with CatalX will provide Canadian investors will a wider selection of digital assets.

Last week, Bittrex announced that it would add new USD trading pairs to its platform.

According to CoinMarketCap, Bittrex is the 24th largest cryptocurrency exchange by its current trading volume.