Cryptocurrency exchange Poloniex added new trading pairs with Tether, USD and USDC

  • Polonies adds new instruments to the list of tradable cryptocurrency assets.
  • The cryptocurrency market stays in red amid speculative positioning.

    The customers of the US-based cryptocurrency exchange Poloniex now have access to seven new trading pairs with USD and Tether, according to the announcement made by the trading platform operated by Circle.

"Introducing 7 new USD Coin and Tether pairs on Poloniex! $USDC pairs: EOS/USDC, DASH/USDC, ETC/USDC $USDT pairs: BCHSV/USDT, BCHABC/USDT, GRIN/USDT, DGB/USDT $EOS - $DASH - $ETC - $BSV - $BCH - $GRIN - $DGB," the company tweeted. 

Poloniex lists new coins in compliance with Circle Asset Framework that is used to access assets by several criteria, including technology, market factors, team and business model. 

Earlier Poloniex added the functionality that allows users to deposit and withdraw money with their bank accounts and buy bitcoins with debit and credit cards.

Meanwhile, the cryptocurrency market stays depressed as Bitcoin (BTC) and all major altcoins nursing double-digit losses. The downside momentum is driven by technical factors and short-term speculative sentiments as in the long run the market is still moving within the bull's trend.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin price analysis: BTC/USD settles above $9,800, vulnerable to new losses

Bitcoin (BTC) managed to recover above $9,800 after a bloody crash towards $9.600 during early Asian hours. At the time of writing, the first digital asset is changing hands at $9,860, down 3.5% on a day-on-day basis.

More Bitcoin News

Ethereum (ETH) price analysis: ETH/USD stays above $200.00, bulls don't give up

The second-largest cryptocurrency with the current market capitalization of $22.4 billion hit $217.60 on Wednesday. While the coin has retreated to $207.50 by the time of writing, the overall sentiments remain bullish as the coin stays above a critical $200.00.

More Ethereum News

Litecoin price analysis: LTC/USD retreats back within the short-term channel

Litecoin has retraced from Wednesday's high of $79.15 to trade at $74.37 by the time of writing. The fifth-largest coin with the current market value of $4.7 billion has lost nearly 2% of its value in recent 24 hours and decreased by 4.5% since the beginning of the day. 

More Litecoin News

The cryptocurrency market update: Bitcoim settles at new lows, altcoins deep in red

The cryptocurrency market is a sea of red today as Bitcoin and major altcoins - with some notable exceptions - are falling down rapidly. The total market capitalization of all digital assets in circulation dropped to $263 billion.

More Cryptocurrencies News


Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

Read the weekly forecast