[ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more) - page 20.

dodgrad

hero member

Activity: 1067

Merit: 501

Quote from: roslinpl on November 18, 2018, 05:53:38 PM

Hello,

I found a bug on Bittrex,
I was trying to contact with their support but after I wrote a scenario they answered completely without understanding the problem.

So let me show to all of you, the Bittrex calculator bug:

Quote from: 'Bittrex bug spotted by roslinpl'

The math formula is incorrect.
I know the correct formulas for all of the inputs (check my recent post history).

I can share the solution if someone will ask me nicely.

EDIT:
Basically,

The incorrect/bugged formula looks like this:

Code:

ASK_quantity = ( ASK_rate * ASK_total_commission_included ) + ( ( ASK_rate * ASK_total_commission_included ) * ( Bittrex_commission / 100 ) )

Check: ( 1 * 0.9975 ) + ( ( 1 * 0.9975 ) * ( 0.25 / 100 ) ) = 0.99999375

The CORRECT (ASK orders) formula looks like this:

Code:

ASK_quantity = ( ASK_total_commission_included * ( 100 / ( 100 - Bittrex_commission ) ) ) * ASK_rate

Check: 0.9975 * ( 100 / 99.75 ) * 1 = 1.00000000

For the BID orders, the correct formula is:

Code:

BID_quantity = ( BID_total_commission_included * ( 100 / ( 100 + Bittrex_commission ) ) ) / BID_rate

Check: 0.9975 * ( 100 / 100.25 ) / 1 = 0.99501247

You're welcome. Roll Eyes

I will not disdain the reward for this find ;-)

Best wishes.

I hope this bug is only in calculator not in the main transaction dashboard.. Shocked

Bittrex should definitely reward you not only for finding this bug but also for correcting it!

Good job roslinpl!

tomey

newbie

Activity: 42

Merit: 0

Bittrex is criminal!!! Angry

Burn in hell you suckers.

They officially stole my BTG! Ask them yourself.

It is best to avoid this criminal exchange called Bittrex.

roslinpl

legendary

Activity: 2212

Merit: 1199

Hello,

I found a bug on Bittrex,
I was trying to contact with their support but after I wrote a scenario they answered completely without understanding the problem.

So let me show to all of you, the Bittrex calculator bug:

Quote from: 'Bittrex bug spotted by roslinpl'

The math formula is incorrect.
I know the correct formulas for all of the inputs (check my recent post history).

I can share the solution if someone will ask me nicely.

EDIT:
Basically,

The incorrect/bugged formula looks like this:

Code:

ASK_quantity = ( ASK_rate * ASK_total_commission_included ) + ( ( ASK_rate * ASK_total_commission_included ) * ( Bittrex_commission / 100 ) )

Check: ( 1 * 0.9975 ) + ( ( 1 * 0.9975 ) * ( 0.25 / 100 ) ) = 0.99999375

The CORRECT (ASK orders) formula looks like this:

Code:

ASK_quantity = ( ASK_total_commission_included * ( 100 / ( 100 - Bittrex_commission ) ) ) / ASK_rate

Check: 0.9975 * ( 100 / 99.75 ) * 1 = 1.00000000

For the BID orders, the correct formula is:

Code:

BID_quantity = ( BID_total_commission_included * ( 100 / ( 100 + Bittrex_commission ) ) ) / BID_rate

Check: 0.9975 * ( 100 / 100.25 ) / 1 = 0.99501247

You're welcome. Roll Eyes

I will not disdain the reward for this find ;-)

Best wishes.

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: pooya87 on November 02, 2018, 12:30:13 AM

Quote from: BitcoinArsenal on November 01, 2018, 03:11:34 PM

Two questions regarding Bittrex international.

How do they validate if a user comes outside the US or not?

Will there be a KYC necessary to trade? I stopped trading there when they requested KYC from one day to another and I would be happy if trading would be possible again without any verification.

it is not possible to trade without KYC verification and if it were you can no longer trust this exchange because they have proven to be untrustworthy. they can change their rules without warning at any moment and block your account with the money in it and there will be nothing you could do about it. they did it to thousands of users last year and made millions of it.

Damm... I though they changed politics... I left this exchange in last year after this issue and when they starting require KYC. But as they started listing good tokens again I wanted come back Undecided

hoop

legendary

Activity: 1524

Merit: 1001

NOBT - WNOBT your saving bank◕◡◕

Quote from: pooya87 on November 02, 2018, 12:30:13 AM

Quote from: BitcoinArsenal on November 01, 2018, 03:11:34 PM

Two questions regarding Bittrex international.

How do they validate if a user comes outside the US or not?

Will there be a KYC necessary to trade? I stopped trading there when they requested KYC from one day to another and I would be happy if trading would be possible again without any verification.

it is not possible to trade without KYC verification and if it were you can no longer trust this exchange because they have proven to be untrustworthy. they can change their rules without warning at any moment and block your account with the money in it and there will be nothing you could do about it. they did it to thousands of users last year and made millions of it.

Agree with your thought, they can change their rules without warning at any moment and block users accounts with the money in it. as for me not longer trust this exchange anymore.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: BitcoinArsenal on November 01, 2018, 03:11:34 PM

Two questions regarding Bittrex international.

How do they validate if a user comes outside the US or not?

Will there be a KYC necessary to trade? I stopped trading there when they requested KYC from one day to another and I would be happy if trading would be possible again without any verification.

it is not possible to trade without KYC verification and if it were you can no longer trust this exchange because they have proven to be untrustworthy. they can change their rules without warning at any moment and block your account with the money in it and there will be nothing you could do about it. they did it to thousands of users last year and made millions of it.

BitcoinArsenal

hero member

Activity: 924

Merit: 556

Two questions regarding Bittrex international.

How do they validate if a user comes outside the US or not?

Will there be a KYC necessary to trade? I stopped trading there when they requested KYC from one day to another and I would be happy if trading would be possible again without any verification.

magisterr

sr. member

Activity: 1372

Merit: 259

Does they need KYC for trading and withdraw now? I was trading there one year ago, but last time dont using Bittrex. But they listed one of my favourite and promising coins: PAL. And I want to come back to Bittrex Roll Eyes

Bytem3

full member

Activity: 602

Merit: 107

Bittrex is going to start listing way more tokens apparently via their "Bittrex International" platform:

https://coincodex.com/article/2557/bittrex-aims-to-speed-up-token-listing-process-with-bittrex-international/

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: Bytem3 on October 25, 2018, 09:39:25 AM

Coins pump really hard after they get listed on Bittrex, PumaPay did 500% jump after it got listed on Bittrex :O

It happened because PumaPay's marketcap before the listing was only US$4 million, and it's a sort-of first major exchange for PumaPay.

Recently, DATA (DTA) hardly did a 2x after listing at Bittrex because it was already being traded at a few major exchanges before listing.

Bytem3

full member

Activity: 602

Merit: 107

Coins pump really hard after they get listed on Bittrex, PumaPay did 500% jump after it got listed on Bittrex :O

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: Raja_MBZ on September 06, 2018, 03:49:22 PM

I recently applied for Fiat-Crypto trading and deposits/withdrawals at Bittrex and the application got approved. It's awesome to have buy/sell option for *real* fiat (as I don't trust Tether and TrueUSD).

I'm going to request a bank-wire withdrawal soon and will let you guys know how my experience goes with that deposit/withdraw option.

My couple of bank wires:

> First bank wire: Requested on Monday, received on Tuesday.
> Second bank wire: Requested on Wednesday, received within a few hours.

Bittrex is definitely doing a very good job.

V1saya

hero member

Activity: 1050

Merit: 508

Quote from: Raja_MBZ on October 06, 2018, 08:47:32 AM

Quote from: zanjerbits on October 06, 2018, 05:49:46 AM

BITTREX IS SCAMMER DO NOT TRADE ON BITTREX, THEY WILL DELISTING ALL COINS AFTER THEY MAKE PROFIT

Sorry, de-listing doesn't make Bittrex scammer. If the certain coins aren't getting enough volume, then they deserve to get de-listed.

We cannot really blame Bittrex on delisting low volume coins. And I think they are always giving ample of time and notice on its clients. One thing I am disappointed on Bittrex were Bitcoin forks that aren't given like Diamond and many more which are valued with good prices on other exchanges.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: zanjerbits on October 06, 2018, 05:49:46 AM

BITTREX IS SCAMMER DO NOT TRADE ON BITTREX, THEY WILL DELISTING ALL COINS AFTER THEY MAKE PROFIT

Sorry, de-listing doesn't make Bittrex scammer. If the certain coins aren't getting enough volume, then they deserve to get de-listed.

zanjerbits

copper member

Activity: 154

Merit: 2

BITTREX IS SCAMMER DO NOT TRADE ON BITTREX, THEY WILL DELISTING ALL COINS AFTER THEY MAKE PROFIT

kolinko

full member

Activity: 518

Merit: 101

On October 3 we’re launching a US dollar (USD) market for Bitcoin Cash (BCH).

Eligible Bittrex accounts created before September 4 are already enabled for USD trading. New user or want to deposit/withdraw USD?

Request here: https://support.bittrex.com/hc/en-us/requests/new?ticket_form_id=360000047992

https://twitter.com/BittrexExchange/status/1045325954418118661

ju34400

hero member

Activity: 1274

Merit: 511

Quote from: kostepanych2 on September 23, 2018, 11:25:59 AM

Why Bittrex not support M* type adresses for Litecoin?
Tried to withdraw Ltc to such address and get message:
"The address you submitted is not valid for the LTC network. Cancel this withdrawal and resubmit it."

you can use https://litecoin-project.github.io/p2sh-convert/
it will convert your "M" address in "3" address

roslinpl

legendary

Activity: 2212

Merit: 1199

Quote from: JanpriX on August 08, 2018, 09:26:50 AM

Quote from: roslinpl on August 07, 2018, 07:38:56 PM

Hello,

I would like to warn you all about a malware. Website URL is similar to bittrex.com.
I don't want to post URL with a malware so I will explain

The scam address is with a single 't' and double 'r'.

@Bittrex please report it.

Best wishes.

Encountered a similar website few days ago. I received an email (went to my spam folder) saying that they updated their Terms & Conditions and that I need to edit some information using the link that they provided. It's in my habit to check it first before clicking any link and saw that the spelling is incorrect but can be deceiving if you take an extra second to inspect it. That link will most probably phish your username and password. Be careful out there folks.

lol xd
similar website to the website you've never seen (when you compare some scam to my post...)

Best wishes.

kostepanych2

full member

Activity: 1274

Merit: 105

Why Bittrex not support M* type adresses for Litecoin?
Tried to withdraw Ltc to such address and get message:
"The address you submitted is not valid for the LTC network. Cancel this withdrawal and resubmit it."

gembitz

hero member

Activity: 1834

Merit: 639