[ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more) - page 11.

JollyGood

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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?

I can say that for the one or two regular posters in this thread complaining, Bittrex does have a good reputation and seem to be innovating as with their credits feature.

Raja_MBZ

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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:

Murat

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Quote from: nydiacaskey01 on September 30, 2019, 03:10:53 AM

The following tokens will be removed from Bittrex

BTC-SHIFT (Shift)
BTC-GLC (GoldCoin)

This has been posted already with more info (Scroll up 3 posts)

Though Bittrex Changed dates and added more coins they're going to Remove on November 1, 2019

ABY - Art Byte
GLC - Gold Coin
IOP - Internet Of People
SEQ - Sequence
SHIFT - Shift
SNGLS - Singular DTV

nydiacaskey01

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The following tokens will be removed from Bittrex

BTC-SHIFT (Shift)
BTC-GLC (GoldCoin)

Current circullating supply of SHIFT is 13,446,459 while 41,662,072 for GLC
Users still have up to 14 days to move their tokens out of Bittrex.
Effective date or token will be delisted by October 11, 2019
I found this information in Bittrex official twitter account.

jhenfelipe

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Quote from: nydiacaskey01 on September 26, 2019, 06:35:06 PM

I also got this message from Bittrex that my account is now enabled to earn Bittrex credits when I trade. Is this for all Bittrex users?

I'm not active in trading there these past few months, no email recieved, but I got the same pop up after logging in. I think all KYC verified Bittrex International users' received that, regardless if you're active or not. I recommend that you read the Medium post (link given by @Raja_MBZ), they have mention dates there about expiration.

Quote from: Rodeo02 on September 28, 2019, 01:05:45 PM

Is this bittrex credit is also a token like bnb in binance ? or just normal credit that you can use only to decrease widrawal transactions or exchange fees . If its like binance token and they give it for free to traders well i want to buy now maybe this token might be the same as bnb that increase its value .

No it's not like BNB. Bittrex credits has no monetary value, you can only use it to have a commission-free trade (it depends on the amount of credits you have though). Another thing is it's still in beta, if they will implement it in the future or not, we are not certain of it yet.

More info about the credits: https://bittrex.zendesk.com/hc/en-us/articles/360032289972-Terms-of-Service-Addendum-for-Bittrex-Credits-Beta-Program

Raja_MBZ

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Quote from: nydiacaskey01 on September 26, 2019, 06:35:06 PM

I also got this message from Bittrex that my account is now enabled to earn Bittrex credits when I trade. Is this for all Bittrex users? Is it for selected Bittrex users or there's a qualification for those who will get this function or feature in Bittrex. It looks like Bittrex is trying to compete with Binance and other top cryto exchanges. I also received an invitation that I only noticed today when I opened my email connected to my Bittrex account.

Hmmm... well, it looks like most of the verified account holders received those credits. According to the following article, a total of 25 million credits are distributed:

https://medium.com/bittrex/show-me-the-credits-were-giving-away-over-25-million-bittrex-credits-a89c9a0505f7

So it looks like that they've distributed 2500 credits to each of the 1 million (verified) users. I do not expect their traders-base to be over a million these days, so pretty much every trader of Bittrex must have got it.

Rodeo02

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Quote from: nydiacaskey01 on September 26, 2019, 06:35:06 PM

I also got this message from Bittrex that my account is now enabled to earn Bittrex credits when I trade. Is this for all Bittrex users? Is it for selected Bittrex users or there's a qualification for those who will get this function or feature in Bittrex. It looks like Bittrex is trying to compete with Binance and other top cryto exchanges. I also received an invitation that I only noticed today when I opened my email connected to my Bittrex account.

Is this bittrex credit is also a token like bnb in binance ? or just normal credit that you can use only to decrease widrawal transactions or exchange fees . If its like binance token and they give it for free to traders well i want to buy now maybe this token might be the same as bnb that increase its value .

Murat

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Pending Market Removals October 11, 2019

BTC-SHIFT
BTC-GLC

More info at - https://bittrex.zendesk.com/hc/en-us/articles/360034189712-Pending-Market-Removals-October-11-2019

Good to see bittrex removing shitcoins. These open rooms for legitimate coins but their listing requirements should be improved too. Currently, they are listing shit tokens as well. They should list community-backed projects to increase the volume otherwise their delisting action will provide no result. They recently started credit promotion, it looks like they are trying to get back the position they belong to.

nydiacaskey01

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I also got this message from Bittrex that my account is now enabled to earn Bittrex credits when I trade. Is this for all Bittrex users? Is it for selected Bittrex users or there's a qualification for those who will get this function or feature in Bittrex. It looks like Bittrex is trying to compete with Binance and other top cryto exchanges. I also received an invitation that I only noticed today when I opened my email connected to my Bittrex account.

gembitz

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*Brute force will solve any Bitcoin problem*

Quote from: joniboini on September 26, 2019, 02:50:53 AM

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

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!

Judging by the looks of it, it's a feature that will allow you to trade without fees (after you've collected enough amount of credits).

Not really a bad deal if you trade a lot. Kinda looks like a loyalty program to me. Is it going to be 1 credit = 1 cents for every trade? This means If you trade $1000 and get $1000 worth of credits, your next trade is free but Bittrex won't get any commissions. Isn't it going to make them lose at least half of their revenue (assuming the number of users that use this exchange won't increase)?

what part of INSOLVENT are you fucked up on? :\ meh

Raja_MBZ

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Quote from: joniboini on September 26, 2019, 02:50:53 AM

Judging by the looks of it, it's a feature that will allow you to trade without fees (after you've collected enough amount of credits).

Not really a bad deal if you trade a lot. Kinda looks like a loyalty program to me. Is it going to be 1 credit = 1 cents for every trade? This means If you trade $1000 and get $1000 worth of credits, your next trade is free but Bittrex won't get any commissions. Isn't it going to make them lose at least half of their revenue (assuming the number of users that use this exchange won't increase)?

Quote from: JollyGood on September 26, 2019, 04:23:16 AM

Is there any clarity as to what happens with the credits and how the system works?

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.

JollyGood

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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!

Is there any clarity as to what happens with the credits and how the system works?

nydiacaskey01

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Another coin will be listed in this exchange site. Token will be Tether CNH (CNHT). Wallet will be open with trading will start within the day. I got this update from their official Twitter account. Markets available for CNHT will be the following CNHT-BTC, CNHT-ETH, USD-CNHT and USDT-CNHT. Nice, after EURT now there's CNHT.

joniboini

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

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!

Judging by the looks of it, it's a feature that will allow you to trade without fees (after you've collected enough amount of credits).

Not really a bad deal if you trade a lot. Kinda looks like a loyalty program to me. Is it going to be 1 credit = 1 cents for every trade? This means If you trade $1000 and get $1000 worth of credits, your next trade is free but Bittrex won't get any commissions. Isn't it going to make them lose at least half of their revenue (assuming the number of users that use this exchange won't increase)?

gembitz

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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!

AKA CRYPTSY POINTS !! \@@_/BOOK EM DANO

Raja_MBZ

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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!

Raja_MBZ

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>Scheduled Maintenance On September 18, our site will be offline for approximately 2 hours for scheduled maintenance.

>Effective on September 27, POLY markets will no longer be accessible to U.S. Customers:

https://bittrex.zendesk.com/hc/en-us/articles/360033731591-Market-Availability-Changes-for-U-S-Customers-9-27-19

Murat

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Wallet Removal on October 4, 2019

DTB - Databits
GRC - Grid Coin
LUN - Lunyr
QWARK - Qwark
SYNX - Syndicate

https://bittrex.zendesk.com/hc/en-us/articles/360032816352-Wallet-Removal-on-October-4-2019

NJB18

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Quote from: Murat on August 29, 2019, 03:36:45 AM

Wallet Removal on September 27, 2019

BITB - Bit Bean
KORE - Kore
MUSIC - Musicoin
THC - Hemp Coin
TKS - Tokes

https://bittrex.zendesk.com/hc/en-us/articles/360032872331-Wallet-Removal-on-September-27-2019

Sad. I used to hold all of those coins before. But starting 2018 where there was a long bear period, many of these coins dropped a lot a many people lost interest. These coins will be dead soon if no reliable exchange adds them.

Murat

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Wallet Removal on September 27, 2019

BITB - Bit Bean
KORE - Kore
MUSIC - Musicoin
THC - Hemp Coin
TKS - Tokes

https://bittrex.zendesk.com/hc/en-us/articles/360032872331-Wallet-Removal-on-September-27-2019

Topic: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more) - page 11. (Read 167974 times)