itBit Adds Four New Coins Amid NYDFS Approval

[kreslik.news]

New York-based crypto exchange itBit announced that it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its offering list.

The exchange now lists five coins – Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Stellar Lumens – for trading and will also extend its custody and escrow services to the new coins which it currently provides for Bitcoin. In addition, it will also provide OTC trading services, a much-needed one for the institutional investors.

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Mentioning the new listings, Chad Cascarilla, CEO of itBit, said: “This is ... (read more)