Cryptocurrency Exchange itBit Adds Four New Currencies

The firm now covers the five largest cryptocurrencies.

board of cryptocurrency in an exchange
Getty Images

ItBit’s bid to offer custodial services for Ethereum, Bitcoin Cash, Litecoin and Stellar Lumens—along with Bitcoin—was approved by the New York State Department of Financial Services last week. This brings itBit to five cryptocurrencies.

The exchange can now begin offering over-the-counter (OTC) trading, escrow, and custody for the four cryptocurrencies, says itBit chief executive officer Chad Cascarilla.

“We were approved to offer additional currencies so we can immediately offer OTC, custody

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