New API enhancement offers traders capital efficiency, ease of use and speed of transfer
Prime Trust, the innovative open-banking financial solutions provider, announced that the institution 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.
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“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,” said Scott Purcell, CEO of Prime Trust. “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.”
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This 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.
“Bittrex’s institutional customers rely on our cutting-edge technology to offer a secure and advanced trading experience,” says Randy Myers, head of business development, Bittrex. “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.”
