Topic: Bittrex coin, why not? - page 6. (Read 1487 times)
I don't think it's that important for an exchange to own a native token and also I am sure it was not on their business plan so definitely it's another ball game all together and maybe they will do so in the future
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.
It is very simple, releasing thier own tokens means they are offering security and do you want SEC to come after you, NO. I will ask you that how many US based exchnage have their own tokens, Not one I can thing of, CoinBase, Bittrex, Poloniex, Gemini etc they all avoid this because it is a bad market for them
I suppose they haven't planned that yet or its on their waiting list to do in the coming days. Also they aren't the only exchange that doesn't have a custom token. Another thing to note is that they directly affiliated to a new exchange called Bitsdaq
I'm pretty sure they're bound to create such a token in the future, as it's pretty evident that it's a good business move(like with BNB's case). It just depends on what the coin they're going to make can actually do.
I agree, in just time we will see them announcing their own token.
As the IEO is growing in popularity and they are a decent exchange, their exchange will be more popular when they a coin that can be traded in their own exchange as well.
Also, I'm thinking that some US customers might starting to use Bittrex due to the recent news from Binance which US clients are not anymore allowed.
Thus bittrex is an exchange even though they dont have their own token/coins yet, the important is they are already successful. And I guess, maybe they are just planning this to happen, we may not know that one of this days they are going to release their coin too lets just wait it until ita happens. But for now, if you wanna try simething new to you I prefer you to try the dencoin tokens tjat is also consider as successful.
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.
There is no reason bro. One thing to know about these exchanges you listed is to check the location of the exchange. You can't just issue your tokens in an exchange in the US so I guess there is a strict regulation governing these exchanges located in the US like poloniex, Bittrex, coinbase and the likes. Will it be a security or utility token?
Etherdelta got a nice case the past year for issuing their own token.
I have the same think with you, Why Bittrex as one of the top exchange not create their own coins?
I think their team is still develop the concept,maybe.
I think their team is still develop the concept,maybe.
.. not like other exchange out there they have their own token but the project is dead..
i dont think soo, binance have a success project with their coin/token. But for now Bittrex not thinking to create their own coin/token
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.
Exchangers like Bitforex even have their own BF coin. Bittrex, which is an exchanger at top 10 biggest exchangers in market with large transactions, I think Bittrex will have its own coin. But maybe because of American regulations, Bitrex still hasn't released it
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.
Perhaps they already thinking and make development about this and we dont know yet. Creating own coin for exchangers can be useful if the exchangers have big volume and bittrex is big exchangers too
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 isn't very big exchange, they just already an old exchange site which still survive until now.Maybe there's a reason.
Why do you think they need to launch their own coin? You can ask that through their contact support since everyone on here will be only give you their opinion
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.
Most big exchange site in the market launched their own coin maybe Bittrex thinking to create their own but they need a lot of time for creating like the roadmap and how its work for now I dont see any reason for not creating their own coin.
Perhaps the team of this exchange simply believes that they have already missed the opportunity to create their token? or they have no technical solution to do it.
Well, then they obviously have their reasons for not releasing their coin. In addition, it is very expensive and requires a lot of effort and money. Perhaps the time will come and Bittrex will finally release its coin.
This same question you have inquired peoples' opinion about is actually what is causing serious issues right now in the crypto space. BNB, KCS all came to be because there is a problem the team behind both seeks to address. Definitely, if the team behind Bitrrex sees something similar, who knows what will happen..?
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.
feels like the market has enough coins with over 1000+ of them , the market dont need more coins, what the market needs is coins that improves something real and not just promise things.
How many coin that exist in the market that actually provide something real? Majority are still base on promise if you ask me, between if bittrex decided to lunch their own token/coin at some point then that would be base on a usable product which millions can already access, tying a token with a usable product is not something that can be achieve oversight, there will be alot of hardwork put in place, lots of walls torn down to achieve this, it will take time for this to happen.
Binance did it with BNB
Switch.ag did it with ESH
Switchdex.ag did it with SDEX
KuCoin did it with KCS
And there are a lot more examples. The question is not why not, it should be a when? To compete in this market their token has to hold some value they are probably inventing something to make their token stand out from the rest.
Switch.ag did it with ESH
Switchdex.ag did it with SDEX
KuCoin did it with KCS
And there are a lot more examples. The question is not why not, it should be a when? To compete in this market their token has to hold some value they are probably inventing something to make their token stand out from the rest.
I assume that the project team is already thinking about solving this issue, but it seems to me that in the near future we will see the Bittrex exchange tokens since this is more like the trend that all major exchanges are switching to.
Yes, more or less like that sooner or later, it's only a matter of time until the project team considers it and maybe for now it's not the right time because the Crypto currency conditions are still unfriendly. If Bittrex already has its own coins, it will definitely grow fast because many people already know their potential. 
i never thinking like that but that is right, why not Bittrex coin born ??
so i think Bittrex is just focus to build up and upgrade their exchange to be more and more better every time.
that mean, if you have a coin your focus will have a seccond think to handle like price of the coin, how that coin will growth, the blockchain coin platform and other reasong.
just my speculation.
so i think Bittrex is just focus to build up and upgrade their exchange to be more and more better every time.
that mean, if you have a coin your focus will have a seccond think to handle like price of the coin, how that coin will growth, the blockchain coin platform and other reasong.
just my speculation.
Personally, I think that there is no need to issue your own coin on each exchange. You can encourage your users without their own coins. But if Bittrex does release its cryptocurrency, it would be nice.
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