Prime Trust, a blockchain-driven trust company, announced on Tuesday it has API integrated Bittrex, a blockchain tech and cryptocurrency exchange. The integration allows traders to move fiat on the exchange in real time and on a limitless basis. While sharing more details about the integration, Scott Purcell, CEO of Prime Trust, stated:
“With the integration of Bittrex we are able to break down the barriers of the fiat market for customers by giving them the ability to transfer funds in a quicker fashion and access to liquidity – even on the weekends when traditional financial services are typically closed.”
Prime Trust also noted that the new API enhancement will minimize the time it takes Prime Trust customers to set up an account and the process of funding an account with Bittrex easier. Traders can simply wire funds and move money nearly instant. Additionally, deposit times are reduced allowing for capital efficiency across the board. Randy Myers, Head of Business Development at Bittrex, went on to add:
“Bittrex’s institutional customers rely on our cutting-edge technology to offer a secure and advanced trading experience.This integration allows our users to take advantage of Prime Trust’s transfer capabilities and to move money instantly between Bittrex and Prime Trust accounts. We are excited to integrate this solution into our exchange as we further our commitment to creating a world class trading experience for our users.”