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Topic: Bittrex coin, why not? (Read 1487 times)

newbie
Activity: 6
Merit: 0
October 20, 2019, 01:25:53 AM
The greatest remedy for anger is delay.
newbie
Activity: 6
Merit: 0
October 19, 2019, 09:21:17 AM
Whenever a man's friends begin to compliment him about looking young, he may be sure that they think he is growing old
newbie
Activity: 6
Merit: 0
October 16, 2019, 04:18:56 AM
Why Bitcoin now not very popular in Europ
sr. member
Activity: 1148
Merit: 251
October 12, 2019, 07:01:27 PM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.
Maybe bittrex have great plan  in the future so even they don't have own coin they will survive their exchange and we know that. Bittrex is good exchange they not rush everything and they focusing to their platform so users will not disappointed. And I think it's enough that they have more plan for their exchange than to focus have own coin. It takes time for every thing so they not rush to have own coin.
sr. member
Activity: 1092
Merit: 284
October 11, 2019, 04:24:04 AM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.
Yeah Bittrex is an old exchange and has proven its reputation to be very good and I have no problems trading at Bittrex since the beginning, I just had to think about your thoughts why Bittrex didn't make its own coins like BNB and KCS?
In my opinion (this is just my thought) maybe they want to focus on their servants as a place of exchange, because managing an exchange is definitely not easy. But it seems they have also thought about how to make their own coins, maybe not yet and still in plan


When I first got to know Bitcoin and first traded at Bittrex, but I was different from exchanging your old thoughts like Bittex, Poloniex, Indodax etc. It does not plan to make coins but tries to become a famous exchange for good user service and real volume.
newbie
Activity: 6
Merit: 0
October 10, 2019, 09:14:45 AM
Why I must bye Bitcoin?  Smiley
member
Activity: 721
Merit: 19
Trident Protocol | Simple «buy-hold-earn» system!
October 08, 2019, 03:11:18 PM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Bittrex is not based on ICO. The presence of Bittrex immediately made an exchange without conducting an ICO campaign. I think it's the same as INDODAX, Asia's biggest market. INDODAX also does not have its own coins. But it only supports new coins, like Tokenomy.
It is possible that a market like this builds its company by using its own capital, not from investors, so they don't need to promote their exchange with the guarantee of the coins they create.
It cause by the regulations that already made by both countries US and Indonesia, bittrex is following US regulation and that will never conduct an ico or create its own token.
US regulators are always watching bittrex and remember about the case that happened with KIK and that already accused to run illegal ICO by US regulators.
It's too risky to run own coin or ico in US territory.
Yes, I think this can keep the good name of the exchange, due to falling prices on the tokens they develop. Indodax is one of the exchanges in Indonesia that can withdraw money to conventional banks. Maybe Bittrex is the same.
newbie
Activity: 129
Merit: 0
October 08, 2019, 05:23:50 AM
Nothing new on this news and that's very similar with loyalty program, you spent money and then you just get point and at the end of the story you can exchange your point or credit to the commission-free trade or it's just like a loyalty for the members. The more money you spend and the more credit you earn but this is an old mechanism and I still prefer to use a coin that owned by a platform like binance to get 50% discount for commission-trade anytime rather than this one.


I guess bittrex has an intention to issue its coin but due to the US regulation and bittrex credit becomes a replacement for the token.
This called as loyalty programs.

Yes I know this is a news of August, but I realized only recently about that.
I think that once they solve their problem with regulation (if it will ever happen) they could switch this to a coin with cash value.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
October 08, 2019, 05:04:11 AM
Nothing new on this news and that's very similar with loyalty program, you spent money and then you just get point and at the end of the story you can exchange your point or credit to the commission-free trade or it's just like a loyalty for the members. The more money you spend and the more credit you earn but this is an old mechanism and I still prefer to use a coin that owned by a platform like binance to get 50% discount for commission-trade anytime rather than this one.


I guess bittrex has an intention to issue its coin but due to the US regulation and bittrex credit becomes a replacement for the token.
This called as loyalty programs.
newbie
Activity: 129
Merit: 0
newbie
Activity: 6
Merit: 0
October 05, 2019, 04:44:17 AM
Trading in financial instruments and (or) cryptocurrencies involves high risks, including the risk of losing part or all of the investment, so it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Before deciding to make a transaction with a financial instrument or cryptocurrencies, you should get complete information about the risks and costs associated with trading in the financial markets, correctly evaluate investment objectives, your experience and acceptable risk level, and, if necessary, seek professional advice.
hero member
Activity: 882
Merit: 518
October 01, 2019, 06:48:22 PM
We need to understand this people are professional and doing their business alone passionately. Then we need to look at the volume of the bitrex. There are many coins and team trying to list the project at there.
They have created such reputation. That is enough for everything.
That`s cool to see new listed coins, but too often a trading spread is so big there. Look at NEO it has one of the highest margine among the top exchanges! Volume = Spread it is a known truth, but who can explain to me, why so many perspective projects are still listed there ??
I registered my bittrex acc in 2017 and since that time i saw only unpleasant actions from admins to me. They blocked my account and asked for KYC, that`s really not in the cryptocurrency spirit. For monthly trading volume ($0k - $200k) margine is 0.25% which is one one the highest on the market, so who will trade with their branded coin ?
legendary
Activity: 1722
Merit: 2213
October 01, 2019, 01:50:02 PM
Bittrex is an exchange that like to stay compliance with US financial system and laws, I pretty doubt they will have their native token like other exchanges. I read of bittrex backing bitsdaq exchange based in Singapore and they have their native token called tagged bqqq, maybe Binance will have a stalk in the exchange.


Currently   Bittrex wallet already has 1,100,000 bqqq tokens on its internal. And continues to increase....

Do you have a source for this? This sounds almost interest, Bittrex's fingers in other exchange's pies and all that.
Sounds like a tragic affair.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
October 01, 2019, 01:08:08 PM
We need to understand this people are professional and doing their business alone passionately. Then we need to look at the volume of the bitrex. There are many coins and team trying to list the project at there.
They have created such reputation. That is enough for everything.
newbie
Activity: 6
Merit: 0
October 01, 2019, 06:12:44 AM
Yeah, I totally agree. Why not? Why are we so uninteresting. Every day - risk, risk - fun, life should be more fun.
sr. member
Activity: 952
Merit: 253
October 01, 2019, 05:28:36 AM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Before, when I was new to cryptocurrency that was my first used exchange, but 2 years after I switched my coins to another exchange better than bittrex, because I found out that crypto in the US was no longer acceptable in this country. the owner of Bittrex or its owner is the US, maybe they will do the same in the future lest they just wait for the right opportunity.
It's not, US is not accepting crypto as a kind of investment considering its volatility can bring the investors to the very high risk due to the volatility of the crypto itself. Bittrex was doing it caused by it's a regulation that must be followed by the bittrex itself to able to survive on its territory (US). Bittrex is an old US-based exchange site.
Crypto is still acceptable in US when it comes to the utility usage but US regulator is putting its eyes to the illegal crypto security offering which has already called ICO.
That's the main problem why bittrex must comply with all of the regulation in US or bittrex will be shut down by the government.
sr. member
Activity: 798
Merit: 258
September 29, 2019, 08:56:44 PM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Before, when I was new to cryptocurrency that was my first used exchange, but 2 years after I switched my coins to another exchange better than bittrex, because I found out that crypto in the US was no longer acceptable in this country. the owner of Bittrex or its owner is the US, maybe they will do the same in the future lest they just wait for the right opportunity.
full member
Activity: 1121
Merit: 100
September 16, 2019, 09:43:10 PM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

We know, Bittrex is a popular and well-known exchange. In my opinion, they are waiting for something new and better feathers to add that or they create an amazing one which has many advantages and predominances.
sr. member
Activity: 348
Merit: 250
September 08, 2019, 08:23:24 AM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.
This exchange has a lot of restriction, not as binance, I don't think its coin will success.
How can you be so sure of that? I think if they had created their own coin, it would have been a success
newbie
Activity: 35
Merit: 0
September 07, 2019, 07:24:48 PM
Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.
This exchange has a lot of restriction, not as binance, I don't think its coin will success.
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