[ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more) - page 10.

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

Quote from: NathanJB on October 22, 2019, 09:31:12 AM

Quote from: nydiacaskey01 on October 22, 2019, 01:31:44 AM

Here's the complete list of the 31 countries that Bittrex removed from their list where service is available

1. Afghanistan
2. Bosnia and Herzegovina
3. Botswana
4. Cambodia
5. the Central African Republic
6. the Democratic Republic of the Congo
7. Côte d'Ivoire
8. Egypt
9. Ethiopia
10. Eritrea
11. Ghana
12. Guinea
13. Guinea-Bissau
14. Guyana
15. Iraq
16. Ivory Coast
17. Laos
18. Lebanon
19. Libya
20. Maldives
21. Pakistan
22. Sri Lanka
23. Somalia
24. Sudan
25. South Sudan
26. Trinidad and Tobago
27. Tunisia
28. Uganda
29. Yemen
30. Venezuela
31. Zimbabwe

It was even far from my thought that Bittrex is operating in countries such as Somalia, South Sudan, Afghanistan, and the rest. Thanks for this complete list though. The exchange platform must have received far below minimum market income from these countries. But it is worth noticing that even before removing their operations from the countries on the list, the volume of Bittrex is terribly dwindling down.

As @malevolent said in his previous post, the ICO craze has dwindled down and this provided negative impact to many exchanges that cater different coins. Their volume will obviously get affected by it and thus their profit from it will be diminished significantly. Also, the hands of different government bodies are reaching these exchanges and forcing them to comply with rules.

Based on these happenings, I'm not surprised with what's Bittrex has been doing in the past months. My take on this is that if you are still trading with them, better get all your coins out and do your business elsewhere. The future is not bright for an exchange especially if it's been always hammered down by the government.

NathanJB

sr. member

Activity: 756

Merit: 251

Quote from: nydiacaskey01 on October 22, 2019, 01:31:44 AM

Here's the complete list of the 31 countries that Bittrex removed from their list where service is available

1. Afghanistan
2. Bosnia and Herzegovina
3. Botswana
4. Cambodia
5. the Central African Republic
6. the Democratic Republic of the Congo
7. Côte d'Ivoire
8. Egypt
9. Ethiopia
10. Eritrea
11. Ghana
12. Guinea
13. Guinea-Bissau
14. Guyana
15. Iraq
16. Ivory Coast
17. Laos
18. Lebanon
19. Libya
20. Maldives
21. Pakistan
22. Sri Lanka
23. Somalia
24. Sudan
25. South Sudan
26. Trinidad and Tobago
27. Tunisia
28. Uganda
29. Yemen
30. Venezuela
31. Zimbabwe

It was even far from my thought that Bittrex is operating in countries such as Somalia, South Sudan, Afghanistan, and the rest. Thanks for this complete list though. The exchange platform must have received far below minimum market income from these countries. But it is worth noticing that even before removing their operations from the countries on the list, the volume of Bittrex is terribly dwindling down.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Here's the complete list of the 31 countries that Bittrex removed from their list where service is available

1. Afghanistan
2. Bosnia and Herzegovina
3. Botswana
4. Cambodia
5. the Central African Republic
6. the Democratic Republic of the Congo
7. Côte d'Ivoire
8. Egypt
9. Ethiopia
10. Eritrea
11. Ghana
12. Guinea
13. Guinea-Bissau
14. Guyana
15. Iraq
16. Ivory Coast
17. Laos
18. Lebanon
19. Libya
20. Maldives
21. Pakistan
22. Sri Lanka
23. Somalia
24. Sudan
25. South Sudan
26. Trinidad and Tobago
27. Tunisia
28. Uganda
29. Yemen
30. Venezuela
31. Zimbabwe

logfiles

copper member

Activity: 2114

Merit: 1794

Top Crypto Casino

Quote from: Raja_MBZ on October 20, 2019, 07:24:53 AM

Wow, that's a big number of countries! While Binance is trying to expand its services across the globe, Bittrex seems to be busy in getting scaled-down even further.

I tell you.. So weird, isn't it?
I just looked at the list and most of the countries in there are countries that actually need more crypto adoption. What bittrex is doing is the direct opposite of the main goal of cryptos.

They should as well just close down their business.

squatter

legendary

Activity: 1666

Merit: 1196

STOP SNITCHIN'

Quote from: Raja_MBZ on October 20, 2019, 07:24:53 AM

Quote from: Bttzed03 on October 20, 2019, 01:19:37 AM

Bittrex International Halts Service in Venezuela and 30 More Countries

Bittrex is no longer that international?
US government having a hand again with this recent move?

Wow, that's a big number of countries! While Binance is trying to expand its services across the globe, Bittrex seems to be busy in getting scaled-down even further.

About half of them are subject to OFAC sanctions or are FATF monitored jurisdictions. I suppose those are no surprise. For those that aren't, the common thread seems to be "higher risk" AML ratings and lack of EU-whitelist equivalent AML legislation.

The exchanges are going into full compliance mode one by one. Undecided

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: Raja_MBZ on October 20, 2019, 07:24:53 AM

Quote from: Bttzed03 on October 20, 2019, 01:19:37 AM

Bittrex International Halts Service in Venezuela and 30 More Countries

Bittrex is no longer that international?
US government having a hand again with this recent move?

Wow, that's a big number of countries! While Binance is trying to expand its services across the globe, Bittrex seems to be busy in getting scaled-down even further.

Finally, an official announcement regarding this update:

Bittrex International Update & Bittrex Global Launch

https://medium.com/bittrex/bittrex-international-update-bittrex-global-launch-2f64fca503fd

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: Bttzed03 on October 20, 2019, 01:19:37 AM

Bittrex International Halts Service in Venezuela and 30 More Countries

Bittrex is no longer that international?
US government having a hand again with this recent move?

Wow, that's a big number of countries! While Binance is trying to expand its services across the globe, Bittrex seems to be busy in getting scaled-down even further.

Bttzed03

legendary

Activity: 2114

Merit: 1150

https://bitcoincleanup.com/

Bittrex International Halts Service in Venezuela and 30 More Countries

Bittrex is no longer that international?
US government having a hand again with this recent move?

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

Bittrex updates for the first 15 Day of October -

Bittrex Technology Platform to Power New Bittrex Global Digital Asset Trading Exchange

What role does Bittrex International play in IEOs?

Token Listing -

OCT 9

The Pledge Coin (PLG)

Website - https://pledgecamp.com/

The VeChain (VET)

Website - https://www.vechain.org/

OCT 10

The Six Network (SIX)

Website - https://six.network

malevolent

legendary

Activity: 3472

Merit: 1722

Quote from: Murat on October 08, 2019, 07:37:28 AM

IEO: They listed IEO's Which had bad reputation in the past. But the team members from the IEO's are too close to Bittrex Core Team Members. Such a bad price & all the Team members from these IEO projects dumped their bags and as a result, Bittrex lost more customers. If you check Bittrex has only a few Coins that have a volume over 100BTC.This indicates that Bittrex is falling so hard. Bittrex is the only exchange none of their IEO's were successful.

Obviously the ICO craze has declined, but it's also possible some exchanges are now no longer indifferent to wash trading. Bittrex is one of the exchanges which were supposed to do something about it, along with pump & dumps.

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: Murat on October 08, 2019, 07:37:28 AM

Quote from: JollyGood on October 08, 2019, 06:32:25 AM

Have there been any issues in recent times, say going back to the previous 12 months?

Recent issues with Bittrex are Two Types.

IEO: They listed IEO's Which had bad reputation in the past. But the team members from the IEO's are too close to Bittrex Core Team Members. Such a bad price & all the Team members from these IEO projects dumped their bags and as a result, Bittrex lost more customers. If you check Bittrex has only a few Coins that have a volume over 100BTC.This indicates that Bittrex is falling so hard. Bittrex is the only exchange none of their IEO's were successful.

Token Listing: Token listing policy of Bittrex changed a lot. If you have a good whitepaper and a team with lot of money and connection with Bittex CEO You can list your tokens easily. In the past, we saw Bittrex listing policy was great. That caused them losing customers as well.

Though I know that we're in a bear market as well. IEO's price 40% down in the first hour is fishy.

To be honest if those two are the only reasons users might be concerned or put off from using Bittrex then I see no problem at all if the objective is to send your crypto there, have a trade then withdraw the exchanged crypto back to your desktop wallet.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: JollyGood on October 08, 2019, 06:32:25 AM

Quote from: Murat on October 08, 2019, 05:30:18 AM

Quote from: JollyGood on October 08, 2019, 05:05:56 AM

Sounds like a trustworthy exchange to me if they are notifying their users well in advance about up coming changes.

Bittrex trying hard to recover its reputation. They lost the No 1 position while ago because of the messed up created by their team. Check out the Trust summary & reference link for richiela. These users know the forum and left feedback. There are thousand of Bittrex users who maybe don't know about Bitcointalk & still complaining about Bittrex on Twitter Reddit & other social media platforms.

Even I was about to lose .04BTC because suddenly they blocked withdraw without KYC. Imagine You're using Bittrex for years and all of a sudden they locked your funds and never returns your money along with no replies from Support. Why they are providing good services to customers now? Because they have lost over 80% of customers to Binance. They won't exist if they keep doing horrible judgments with users.

I read some of the posts related to 2017. I had no idea Bittrex has so many issues. To be honest I am surprised.

Have there been any issues in recent times, say going back to the previous 12 months?

That unexpected KYC requirement was the major reason for Bittrex's downfall; they didn't alarm before going for the enforcement of KYC. Only those who proceeded with the KYC and provided all the required information were able to continue using their services.

Quote from: nydiacaskey01 on October 08, 2019, 03:07:22 AM

Quote from: OmegaStarScream on October 08, 2019, 02:02:27 AM

I just received a third notice email and I thought about sharing this for people who might have missed it. You have 3 days left (11th October) before the following coins get removed: BITS, BSD, COVAL, VRM, XMG so you should withdraw them, otherwise, you'll have to pay a fee for Bittrex to retrieve them for you.

That's odd, I didn't get such notification in my inbox. Is it because I don't have any of those that is scheduled to be removed thats why I don't get the notice or its because I didn't request to receive such updates and notices. Its sad that COVAL or Circuits of Value is also included in the coins that will will be removed in Bittrex. COVAL use to perform well.

I didn't receive any such e-mail/notice either.

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

Quote from: JollyGood on October 08, 2019, 06:32:25 AM

Have there been any issues in recent times, say going back to the previous 12 months?

Recent issues with Bittrex are Two Types.

IEO: They listed IEO's Which had bad reputation in the past. But the team members from the IEO's are too close to Bittrex Core Team Members. Such a bad price & all the Team members from these IEO projects dumped their bags and as a result, Bittrex lost more customers. If you check Bittrex has only a few Coins that have a volume over 100BTC.This indicates that Bittrex is falling so hard. Bittrex is the only exchange none of their IEO's were successful.

Token Listing: Token listing policy of Bittrex changed a lot. If you have a good whitepaper and a team with lot of money and connection with Bittex CEO You can list your tokens easily. In the past, we saw Bittrex listing policy was great. That caused them losing customers as well.

Though I know that we're in a bear market as well. IEO's price 40% down in the first hour is fishy.

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: Murat on October 08, 2019, 05:30:18 AM

Quote from: JollyGood on October 08, 2019, 05:05:56 AM

Sounds like a trustworthy exchange to me if they are notifying their users well in advance about up coming changes.

Bittrex trying hard to recover its reputation. They lost the No 1 position while ago because of the messed up created by their team. Check out the Trust summary & reference link for richiela. These users know the forum and left feedback. There are thousand of Bittrex users who maybe don't know about Bitcointalk & still complaining about Bittrex on Twitter Reddit & other social media platforms.

Even I was about to lose .04BTC because suddenly they blocked withdraw without KYC. Imagine You're using Bittrex for years and all of a sudden they locked your funds and never returns your money along with no replies from Support. Why they are providing good services to customers now? Because they have lost over 80% of customers to Binance. They won't exist if they keep doing horrible judgments with users.

I read some of the posts related to 2017. I had no idea Bittrex has so many issues. To be honest I am surprised.

Have there been any issues in recent times, say going back to the previous 12 months?

stadus

legendary

Activity: 3080

Merit: 1292

Hhampuz for Campaign management

Quote from: Murat on October 08, 2019, 05:30:18 AM

Quote from: JollyGood on October 08, 2019, 05:05:56 AM

Sounds like a trustworthy exchange to me if they are notifying their users well in advance about up coming changes.

Bittrex trying hard to recover its reputation. They lost the No 1 position while ago because of the messed up created by their team. Check out the Trust summary & reference link for richiela. These users know the forum and left feedback. There are thousand of Bittrex users who maybe don't know about Bitcointalk & still complaining about Bittrex on Twitter Reddit & other social media platforms.

Even I was about to lose .04BTC because suddenly they blocked withdraw without KYC. Imagine You're using Bittrex for years and all of a sudden they locked your funds and never returns your money along with no replies from Support. Why they are providing good services to customers now? Because they have lost over 80% of customers to Binance. They won't exist if they keep doing horrible judgments with users.

I am not aware of that, thanks for that info, all the while I thought they are a reputable site because I never face any problem with them for years of using the site. Maybe I was just lucky that I didn't store money in the site, I am just using them for quick trading and withdraw right away.
They do require the KYC and so I comply and until now I'm still confident with the site, however in terms of ranking, I think it's hard for them to get back to the top position, Binance already have been very consistent with their volume.

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

Quote from: JollyGood on October 08, 2019, 05:05:56 AM

Sounds like a trustworthy exchange to me if they are notifying their users well in advance about up coming changes.

Bittrex trying hard to recover its reputation. They lost the No 1 position while ago because of the messed up created by their team. Check out the Trust summary & reference link for richiela. These users know the forum and left feedback. There are thousand of Bittrex users who maybe don't know about Bitcointalk & still complaining about Bittrex on Twitter Reddit & other social media platforms.

Even I was about to lose .04BTC because suddenly they blocked withdraw without KYC. Imagine You're using Bittrex for years and all of a sudden they locked your funds and never returns your money along with no replies from Support. Why they are providing good services to customers now? Because they have lost over 80% of customers to Binance. They won't exist if they keep doing horrible judgments with users.

JollyGood

legendary

Activity: 2534

Merit: 1713

Top Crypto Casino

Quote from: OmegaStarScream on October 08, 2019, 02:02:27 AM

I just received a third notice email and I thought about sharing this for people who might have missed it. You have 3 days left (11th October) before the following coins get removed: BITS, BSD, COVAL, VRM, XMG so you should withdraw them, otherwise, you'll have to pay a fee for Bittrex to retrieve them for you.

Some exchanges just pull a fast one and give next to nothing in notice before removing coins and asking users to withdraw them. If Bittrex has sent 3 emails to users then it shows most of the nonsense a couple of users are posting here about Bittrex being a scam and it not to be trusted are false.

Sounds like a trustworthy exchange to me if they are notifying their users well in advance about up coming changes.

Quote from: Raja_MBZ on October 05, 2019, 07:00:06 PM

Yes! It seems like you accidentally skipped one of my posts:

Quote from: Raja_MBZ on September 26, 2019, 08:50:57 AM

I decided to trade a few ADA for BTC at Bittrex to check this feature out; I traded 4080 ADA for BTC at the rate of 465 satoshis/ADA, and this is how it all went:

It all went smoothly. I traded without any trading fee (due to adjustment of these credits).

At the rate of $8100 per BTC, 0.00004743 BTC equals 38 cents. So it seems like 1 credit = 1 cent.

Sorry, I did miss it.

Well that credit feature is another reason that shows clearly well beyond doubt that Bittrex is a bonafide project.

It has been operating since 2014 without any real complaints so why are a couple of users bad-mouthing it?: https://bittrex.zendesk.com/hc/en-us/articles/115003684411

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: OmegaStarScream on October 08, 2019, 02:02:27 AM

I just received a third notice email and I thought about sharing this for people who might have missed it. You have 3 days left (11th October) before the following coins get removed: BITS, BSD, COVAL, VRM, XMG so you should withdraw them, otherwise, you'll have to pay a fee for Bittrex to retrieve them for you.

That's odd, I didn't get such notification in my inbox. Is it because I don't have any of those that is scheduled to be removed thats why I don't get the notice or its because I didn't request to receive such updates and notices. Its sad that COVAL or Circuits of Value is also included in the coins that will will be removed in Bittrex. COVAL use to perform well.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

I just received a third notice email and I thought about sharing this for people who might have missed it. You have 3 days left (11th October) before the following coins get removed: BITS, BSD, COVAL, VRM, XMG so you should withdraw them, otherwise, you'll have to pay a fee for Bittrex to retrieve them for you.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: JollyGood on October 05, 2019, 06:54:17 PM

Quote from: Raja_MBZ on October 04, 2019, 04:56:14 PM

Quote from: Raja_MBZ on September 25, 2019, 01:25:43 PM

Received this e-mail today; it seems like Bittrex is working on something new:

These credits are going to be adjusted in the trade fee. I've got $25 worth of free credits (2500 credits); so it makes 1 credit = 1 cent. Going to try this out and let y'all know my experience!

After credits, we may be getting another exciting feature. I just logged in at Bittrex and found this new notification:

How are the credits coming along? Did you spend any?

Yes! It seems like you accidentally skipped one of my posts:

Quote from: Raja_MBZ on September 26, 2019, 08:50:57 AM

I decided to trade a few ADA for BTC at Bittrex to check this feature out; I traded 4080 ADA for BTC at the rate of 465 satoshis/ADA, and this is how it all went:

It all went smoothly. I traded without any trading fee (due to adjustment of these credits).

At the rate of $8100 per BTC, 0.00004743 BTC equals 38 cents. So it seems like 1 credit = 1 cent.

Topic: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more) - page 10. (Read 167974 times)