European cryptocurrency exchange Bitstamp will launch new trading pairs for ether next week.
Beginning on August 17, Bitstamp will add markets denominated in US dollars, euros and bitcoin for the ethereum-based digital currency. As part of the release, Bitstamp also revealed a new pricing structure for its markets, which unifies the fees it assesses among the exchange's trading pairs.
In an effort to promote the new markets, Bitstamp will waive trading fees for those pairs until October 1. It will continue to offer discounts through the end of the year.
Bitstamp is one of the last major cryptocurrency exchanges to list ether. In statements, the exchange indicated that it will add support for additional assets, framing the unified fee structure release as part of that process.
Founded in 2011, Bitstamp is one of the world's oldest bitcoin exchanges. According to data from CoinMarketCap, Bitstamp operates the third most voluminous exchange in US dollar terms, reporting about $43 million in trades over the past 24 hours.
The addition of ether comes amid new developments in that digital asset's market. As CoinDesk reported yesterday, ether prices crossed the $300 line for the first time in a month.
Ether markets have subsided somewhat since then, trading at roughly $294 at press time.
Image via Shutterstock
The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at [email protected]/* */.
An Interview With Angelo Melis, Founder of Local World Forwarders (LWF) Project
The applications of blockchain technology across industries is increasing every day. Among these, the supply chain and logistics sector is one among them. Recognizing the need for a complete overhaul
Mario Draghi States There’s no Need for Bitcoin Regulation in Europe Right now
Europe is a rather controversial region when it comes to Bitcoin and cryptocurrencies. Up until this point, there is no hint of any regulatory measures whatsoever. That isnât necessarily a bad
Bitcoin Price Could Reach $10,000 if China Resumes Cryptocurrency Trading This Year
Earlier today, on October 21, the Bitcoin price achieved a new all-time high at $6,199. The market is confident that the price of Bitcoin could reach $10,000 in the mid-term if major markets such as
Coinbase Claims the Bitcoin Gold “Fork” has Already Taken Place
There are some conflicting reports regarding the Bitcoin Gold fork date. This is not entirely surprising, as the project is poorly organized at best. The website claims the âforkâ â which isnâ
Blockchain Asset Fund: Community Driven Investment Solution, Announces BAF Token Fundraiser
The cryptocurrency industry has in the recent days, broken all the past records. The rapid growth in value of the overall market has evoked mixed reactions, with some hailing the digital currency
SegWit2x Lead Mike Belshe: ‘Things Are Looking Good’ for Bitcoin Hard Fork
BitGo chief executive and SegWit2x project lead Mike Belshe says that, despite contention within the bitcoin community related to the block size debate, “things are looking good” for the SegWit2x hard
ECB Chief: Bitcoin Not ‘Mature’ Enough for Regulation
European Central Bank (ECB) chief Mario Draghi says that bitcoin and other cryptocurrencies are not mature enough for regulation.
As reported by CNBC, the ECB president made these comments during a
Bitcoin Price Climbs to $6,200 as Record-Setting Advance Continues
Bitcoin’s record-setting run continued on Saturday, as the bitcoin price touched the $6,200 mark to set a new all-time high.
On Friday, bitcoin shocked analysts and investors alike when it made a s