Topic: Bittrex coin, why not? - page 4. (Read 1487 times)
The question is that most every exchange create a coin, it is not a must. It is better to do one thing and make it work than try to lay hand on everything why nothing is working. The crypto market is already full of enough coin so we should not just come up with a coin now except if it will solve a major problem.
Bittrex exchange should have had its own coin but my thinking I that its operation in united state is really affecting the coin. The laws of the land does not really favour its operations.
I'm not sure on the law side but they have bittrex international which allows non US traders to use the site.
If they can also operate in certain county where regulation is not so strict and would allow them to have their own coin, I guess its wise to do that.
Most coins from exchange as long as they have volume grows as well, and this exchange would not only operate for short term but if they'll still allowed they'll be here forever.
Bittrex exchange should have had its own coin but my thinking I that its operation in united state is really affecting the coin. The laws of the land does not really favour its operations.
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 will launch a coin like binance but it hasn't been done yet I think it will happen in the future or there are other reasons if they really don't do it Maybe there's a reason.
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.
I think it's useless, most exchanges have coins because they do ICO.Maybe there's a reason.
bittrex doesn't need coins like that, and also bittrex already has too much shitcoin.
there is no requirement for exchanges to have their own coins. bittrex can issue its own coins like Binance but whether issuing coins is the best step in advancing exchange. it depends on their business strategy, and maybe someday they will if issuing coins consideration will be profitable.
simply creating their own coin increases the profits of the exchange it receives. if the coin gives some kind of bonus to the users of the exchange, then it will be bought and, in addition to commissions, the exchange will also earn money on the fact that people will invest in the coin
there is no requirement for exchanges to have their own coins. bittrex can issue its own coins like Binance but whether issuing coins is the best step in advancing exchange. it depends on their business strategy, and maybe someday they will if issuing coins consideration will be profitable.
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 there's a reason.
maybe they do not aim to make their won token. but actually it would be useful for the community since token can provide lower fees and even they could launch some ieos and they could provide a natural demand to their token.
Without any doubt there will be such a coin in the future, because every serious exchange has its own token. But I am not sure if Bittrex is a great exchange any longer, because even IEOs are not profitable on this exchange.
They still stay and they still have a decent volume,so I won't loss that hope that they will grow overtime.
I loved Bittrex as it's my old exchange together with Poloniex, but when Binance came, things change, but no exchange will remain on the top forever and no exchange will not improve if the team will work hard to make some improvement.
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.
Man there is over 2000 cryptocurrencies in the market and I don't see why anyone should be adding to that huge number, but whatever,,. I think maybe they don't want to follow the same route as others, they just want to do their thing I guess. It's not a must that they should have a coin of their own, not even Coinbase that has been around since 2012 has its own coin or do they?? Cause I don't know. And another thing you have to know is that Binance exchange is a huge exchange and you can't be comparing them with rest. Maybe there's a reason.
Without any doubt there will be such a coin in the future, because every serious exchange has its own token. But I am not sure if Bittrex is a great exchange any longer, because even IEOs are not profitable on this exchange.
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 there's a reason.
i think bittrex already become a major exchange in crypto world without any product such as binance with BNB and Kucoin with KCS
so, this exchange don't think to create its own coin or maybe not yet for now, because no body know in the future, if bittrex will create it, right ?
This a very good topic to raise because bittrex is a big exchange and even the smaller ones have their own coin. My opinion on this is that regulatory measures serve as obstacle for bittrex to have its own coin. The exchange operates under the US legislation and its a very strict one for that matter. So I think US regulations is hindering bittrex from having its own coin.
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 under the administration of the US government and has a lot of strict policies, which makes Bittrex unable to get its own coin. I think that not having exchange coins will have a huge impact on trading volume because people are more inclined to keep their exchange coins more to reduce transaction costs or have a greater chance to join the IEO. I personally do not like Bittrex because I actually lost a large sum of money when I participated in their IEO project and lost a lot of money. Maybe there's a reason.
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.
Probably bittrex doesn't see any reason for the creation of their own native token, many exchanges who have it without significance essence for it. Maybe there's a reason.
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.
I'm not exactly sure why the bittrex didn't have the coin, but it's certain that with the ieo in the bittrex is so different from the other ieo that it's hard to find people who want to trade there because so much trauma Maybe there's a reason.
Yes I also wondered about this, but it seems that Bitrex wants to focus more on their exchange business. Moreover, Bittrex is an exchange developed from the US, of course, it will have a hassle about taxes if they develop their own coins.
Bittrex can indeed launch its own coins anytime. But I think now it's a little late for them because in the US alone there are many new regulations that can burden users or developers, such as the implementation of FATF.
We don't know if they want to create their token or not because it's their secret on how to grow their exchanges. I am sure if they think that creating the tokens like binance will give them more members and gain the profit, they will do that thing and I think people will give a positive respond. Besides that, I think bittrex will announce to the public if they want to launch the token so people can directly to buy their tokens.
Bittrex can indeed launch its own coins anytime. But I think now it's a little late for them because in the US alone there are many new regulations that can burden users or developers, such as the implementation of FATF.
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We don't know if they want to create their token or not because it's their secret on how to grow their exchanges. I am sure if they think that creating the tokens like binance will give them more members and gain the profit, they will do that thing and I think people will give a positive respond. Besides that, I think bittrex will announce to the public if they want to launch the token so people can directly to buy their tokens.
Yes it will be a great idea if bittrex can have their own coin, but I don't thing they have any plans for that anyways. I've seen that bittrex have gone down the pecking order among good exchange maybe launching a new exchange and coin can make them resurge
Bittrex exchange has not invest on its customer and also not befits from referring customers that's why goes to lower volume ,and trying to launch new exchange and ma be can launch its own coin.
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