Thanks for this. I wonder how they got $1B USD. Did they raise that money or from all the transaction fees? These crypto exchanges have made so much in transaction fees it's ridiculous, it doesn't matter if the price is high or low, they make money.

They will have to compete with Bittrex. BIttrex is implementing fiat to cryptos for a lot of altcoins and bitcoin. This is a huge step towards adoption! Let the free market do what it was meant to do!