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Bittrex Finally Enables CRB Trading, Price Surges to US$1.47 in Mere Hours

by on June 14, 2017

For quite some time now, we have been wondering when a big exchange would list Creditbit. Companies such as Bittrex and Poloniex ignored this token for quite some time. That situation has finally come to change and in a rather spectacular way. CRB Can now be traded on Bittrex against both Bitcoin and Litecoin. As a result, the price has shot up to US$1.47. These are very exciting times for all Creditbit holders.

CRB Value Finally Starts Moving Up

Things are finally falling into place for Creditbit holders. After many weeks of seemingly unnecessary delays, Bittrex has finally added CRB to their exchange. This move has been anticipated for quite some time, yet it took quite a while to materialize. Bittrex is one of the largest cryptocurrency exchanges these days, and exposing CRB to more traders is always a good thing.

Adding CRB to both the Bitcoin and Ethereum markets is a significant step for Creditbit .The addition has done wonders for the CRB trading volume, to say the least. Earlier this week, the volume was around US$500, 000. Given the exchanges CRB was traded on at that time, it was quite impressive. Now that Bittrex listed CRB, the trading volume increased to nearly US$3m. Quite spectacular, to say the least.

No one will be surprised the Bittrex market generates most of the volume. Its CRB/BTC pair results in US$1.473m worth of 24-hour trading volume. The Ethereum pair is less popular, with US$122,138 in volume. Interestingly enough, all other exchanges see an increase in trading volume as well. Livecoin and DABTC now each generate around half a million US Dollars in volume these days. A remarkable, yet more than welcome change, that much is evident.

All of this positive momentum is reflecting on the CRB price as well. Anyone who bought CRB below US$1 will be in healthy profit already. Right now, one CRB is worth US$1.47, although this value can go a lot higher over the coming days. This is only the beginning for Credibit, as the token finally gets the appreciation it deserves.

JP Buntinx is a 30-year old FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he is working to achieve the same level of respect in the FinTech sector.
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