Topic: Bittrex coin, why not? - page 7. (Read 1487 times)
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.
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.
They don't think it's necessary for now, it's not a must for exchanges to have their own coin per say. Bittrex has been doing well without their own coin, with huge volumes. Some exchanges which didn't have their own coin started doing so recently with the wave of IEO, so they can key in.
bittrex is an exchange that even though they doesn't have their own token/coins is already successful.. not like other exchange out there they have their own token but the project is dead..
Good question as Bittrex is promising and good ranking exchange.I think Bittrex may now thinking to launch its own coins or partnership with good project like BTT, EOS etc.
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.
Do you think what we really need that? There are so many coins on the market already. And Bittrex is not a big one. It was but not anymore.
No I don't feel the need for a new coin for sure.
Just wondering about that, I thought Bittrex was a big one, maybe has been overtaken by others actually.
I can understan what you say.
Projects with their own coins need to be a complete platform like Binance. I just don't find it right to release a coin just for trade.
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.
Do you think what we really need that? There are so many coins on the market already. And Bittrex is not a big one. It was but not anymore.
No I don't feel the need for a new coin for sure.
Just wondering about that, I thought Bittrex was a big one, maybe has been overtaken by others actually.
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.
Do you think what we really need that? There are so many coins on the market already. And Bittrex is not a big one. It was but not anymore.
If I remember right, it is a US-based exchange, so the reason is the lack of regulation. Legal recognition of cryptocurrency will open doors to Bittrex own token. I think it's a matter of time.
Nice answer. US regulation of cryptos has enormous potential.
If I remember right, it is a US-based exchange, so the reason is the lack of regulation. Legal recognition of cryptocurrency will open doors to Bittrex own token. I think it's a matter of time.
A bit weird when an exchange which has a high credibility in the cryptocurrency market but its developer does not have a clear project on the development of cryptocurrency. I pretty sure that Bittrex is one of the most appreciated exchanges who choose by many users, but that was once and now it is slowly the bitcoin users are starting to withdraw their assets they had and move them to another exchange. But it does not rule out the possibility when their developers are aware of this things they will immediately make their own coins.
Probably because it's a tragic exchange without a lot of community support. It's part of the wave of old school exchanges that are mainly only good for long-term price data. Nobody would miss an exchange like Bittrex, as long as the trading data has been backed up, instead people just seem to miss having their funds back from 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.
It actually have many side projects that are issuing different coins. Tokinex, a subsidary of Bittrex is having an ICO at current time at http://tokinex.ethfinex.com/
Bittrex itself is a profitable business which they don't want to share with anyone.
Branches of Bittrex, Ethfinex has Ethfinex nector token.
It could be that Bittrex wants to remain original and focus on their own philosophy. It has become a normal trend for almost every cryptocurrency exchange to create their own native token, but it seems Bittrex has a different pathway. Sometimes it is good to stay unique and not follow other people just because they have succeeded doing a particular thing.
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.
Do you think that there's a reason for them to create one? if they don't have any reason, then there's no reason for them to create one and we don't have to think of it.Maybe there's a reason.
maybe there's no reason as they already have enjoying the nature of their business, whatever the reason behind only them can answer, or we are not also
sure if they don't have any plan, perhaps they are considering and checking the possibilities of having their own versions and be like something what binance
achieved around this industry.
I don't think Bittrex will ever launch their coin as they would want to remain original and be charging their trade fees from existing coin unlike Binance. Besides their a lot of exchanges that have copied Binance's idea to create an exchange coin but such projects are as good as failed. No good value and meeting increasing dump if already on exchange. Let them concentrate on improving the exchange and providing a better service than creating another crypto
Maybe they do not want to do a lot of copy from Binance because they have been existing long before Binance started and should have been leading. So far not overtly impressed with Bittrex as it appears they are not working hard to retain their users and one of such is not having an Android app till now just like Binance, Kucoin and some others
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 had been wondering the same thing but I think it has something to do with the fact that Bittrex is not really aggressive and pro-active as a cryptocurrency exchange outfit...no wonder exchanges that later on came on the scene were able to grab more market share than Bittrex. At this point, Bittrex can still launch its own tokens if they want to but the market may not be as responsive as before when Bittrex belongs to the top 3 spots in the business. Maybe it is too late for this idea not unless Bittrex can be able to reclaim its lost territorial ground.
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.
To the new coin has become successful you need to do a lot. Nobody wants another coin. In addition, a lot of money should be spent on marketing. Maybe there's a reason.
I was wondering the same recently. So, thanks for your ideas, community.
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