Bittrex is its fiat pairs with Cardano (ADA) and ZCash (ZEC). The exchange became compliant with carrying out fiat transactions in March 2018, and is one of the few of offering direct fiat deposits, with a few confinements applying. With this move, Bittrex differentiates itself from the series of crypto-only exchanges.
Launch Update: Cardano (ADA) and Zcash (ZEC) have been added to USD (Fiat) markets. Eligible #Bittrex accounts created before September 4 are enabled for trading. New user or want to deposit US Dollars directly? Request here: https://t.co/KA248OA2Bz pic.twitter.com/0AHhSmHcSc
— Bittrex (@BittrexExchange) September 5, 2018
Bittrex allows fiat deposits from older accounts, in this case, those made before September 4. Since KYC limitations apply for generally low entireties, the exchange should check each record separately.
Bittrex additionally has distinctive levels of verification, one for exchanging, and one for deposits or withdrawals. In principle, trading against USD positions might be conceivable on Bittrex, even without the likelihood to withdraw the assets. Clients must have their bank account whitelisted before having the capacity to pull back assets.
