Prime Trust integrates Bittrex to enable liquidity for corporate & institutional customers

By Pavithra R

Prime Trust, an innovative open-banking financial solutions provider, has announced that the company has integrated Bittrex, a leading U.S. based blockchain technology and cryptocurrency exchange into its system to allow traders to move fiat on the exchange in real-time and on a limitless basis.

“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. Bittrex is a trusted partner in the blockchain industry that continues to drive transformation, and Prime Trust is proud to collaborate with the organization on this new initiative to provide traders with enhanced efficiency. This latest effort marks the beginning of our relationship, and we look forward to working more closely with Bittrex on additional solutions in the future,” said Scott Purcell, CEO of Prime Trust.

The new API enhancement is expected to minimize the time it takes Prime Trust customers to set up an account and to make the process of funding an account with Bittrex easier. Besides reducing deposit times allowing for capital efficiency, traders can also wire funds and move money near instantly. 

“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 creatingworld-classass trading experience for our users,” said Randy Myers, head of business development, Bittrex.

Recently, Prime Trust & Acuant partnered for all in on Trusted Identity platform.

Founded in 2014, Bittrex Global is an international digital asset trading platform providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices. The company aims to introduce customers to one-of-a-kind blockchain projects that have the potential to transform the way people interact with technology and services globally.