Bitcoin Derivatives Platform BTC.sx Partners With Asian Exchange itBit

London-based bitcoin derivatives platform BTC.sx has partnered with global exchange itBit to integrate its BTC-USD trading currency pair with the bitcoin exchange’s existing offerings.
Joseph Lee, co-founder and CEO of BTC.sx, said the bitcoin exchange ecosystem is now entering its second phase of development, one he believes will be characterized by advanced financial services that go beyond simple currency exchange.
Speaking to CoinDesk, Lee explained how the integration will aim to bolster the current platformitBit users have come to expect:
‘The platform essentially emulates what an E*Trade platform would be. We’ve tried to set up a professional foreign exchange trading platform in bitcoin for bitcoin, which we believe we’re the first to fill that niche.’
In turn, director of business development Anthony Lewis indicated that the integration allows itBit to extend a more diverse set of offerings to customers.
‘They offer a solid, feature-rich and easy-to-use platform and we are very glad to be working together,’ he said.

This post was published at Coin Desk on October 20, 2014.

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