Topic: Bittrex and altcoins (Read 427 times)
Yeah Bittrex is a bit picky about the coin that their going to add on their listing, and it is all depends on their coin team speculation whether the coin is going to survive for a long term or going to drop in the next few weeks, the sites dont really care about how famous is the coin, bittrex still is a best place to trade but the alt coin to trade is a limited
I decided to start doing some trading and got an account on bittrex for that (that's what most of people advised me to do. I saw that there are many currencies there. I don't even know some of them at all. Anyway, I transferred some funds to this site and wanted to make my first purchase - IOTA. To my deep disappointment, I found out there is no such currency there. My question is WHY? Iota is in top 5 right now in marketcap and #10 in volume! Why is it not possible to trade it on bittrex? I really don't think it's worse than Expanse or Mysterium (both around 29 mil marketcap).
Bittrex have a habit of delisting coins when their trading volume on Bittrex drops. Because this causes loads of aggro, they are now pretty cautious about which coins they add (this wasn't always the case). They'll want to see sustained trading volume elsewhere before they add it, to save themselves the bother of adding it, the coin doing well for a few weeks, and then the volume dying and them having to delist.
They have their reasons why they don't have IOTA in Bittrex, but hopefully they'll add more coins especially those that are on top of the list in the coinmarket.com.
Because in the crypto world there is nothing impossible, only in the world of crypto we can benefit up to 1000% or even more, and the world of crypto is very difficult in prediction
One thing also you should know about their withdrawal terms. You can only withdraw 0.025 bitcoins per day( unverified account's) It's very bad for me and if you have verified account then you may withdraw 💯 bitcoins.
I decided to start doing some trading and got an account on bittrex for that (that's what most of people advised me to do. I saw that there are many currencies there. I don't even know some of them at all. Anyway, I transferred some funds to this site and wanted to make my first purchase - IOTA. To my deep disappointment, I found out there is no such currency there. My question is WHY? Iota is in top 5 right now in marketcap and #10 in volume! Why is it not possible to trade it on bittrex? I really don't think it's worse than Expanse or Mysterium (both around 29 mil marketcap).
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