Bittrex coin, why not? - page 8. | Bitcointalksearch.org

Bunsomjelican

sr. member

Activity: 812

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Quote from: numeracci on June 17, 2019, 06:41:23 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.

First you must know that Bittrex was owned by US, now because of that most of bittrex players decided to pull out their coins or sell it due to that crypto in US are banned. So the credibility and reputation of bittrex was totally down. Imagined before Bittrex is one of the top 5 exchange in the market and now was not. So, I hope you get my point.

boyptc

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Quote from: numeracci on June 17, 2019, 07:09:07 AM

Quote from: boyptc on June 17, 2019, 07:02:10 AM

Quote from: numeracci on June 17, 2019, 06:41:23 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.

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.

Well the reason it's pretty clear I think. Pay fees on the exchange with that coin, and since there's a nice volume there, the whole thing should work as demonstrated with aforementioned exchanges. But maybe not.
Just asking for opinions here.

They will just copy the idea that these exchanges that released their coin.

If there will be, I don't think it will be just like that or they will reinvent something new just like what BNB is doing.

Leo Kent

brand new

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If a very heavy exchange Bitrex don't have own coin then there must be a reason. But what could be the reason? Maybe they are still waiting for the right time to bring up their own coin with such massive features that no other coins have till now. Maybe just opinion

numeracci

newbie

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Merit: 0

Quote from: Leo Kent on June 17, 2019, 07:18:37 AM

If a very heavy exchange Bitrex don't have own coin then there must be a reason. But what could be the reason? Maybe they are still waiting for the right time to bring up their own coin with such massive features that no other coins have till now. Maybe just opinion

Yes I agree with this. Seems surprising that they don't have one.
Maybe just waiting the right moment. Or they think this could not work.

enhu

legendary

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The exchange existed long before the idea of an exchange having their own token for the trading fees, of course they get coins as trading fees. Exchange tokens are very common these days so I wouldn't be surprise if they also will follow the idea but then again I'm reminded that they did create Bitsdaq which is for now in Asia market. The exchange has token so maybe soon this Bisdaq will also have for US market.

numeracci

newbie

Activity: 129

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Quote from: boyptc on June 17, 2019, 07:02:10 AM

Quote from: numeracci on June 17, 2019, 06:41:23 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.

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.

Well the reason it's pretty clear I think. Pay fees on the exchange with that coin, and since there's a nice volume there, the whole thing should work as demonstrated with aforementioned exchanges. But maybe not.
Just asking for opinions here.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: numeracci on June 17, 2019, 06:41:23 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.

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.

mk4

legendary

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Paldo.io 🤖

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.

partysaurus

sr. member

Activity: 574

Merit: 251

Quote from: numeracci on June 17, 2019, 06:41:23 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.

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.

numeracci

newbie

Activity: 129

Merit: 0

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.

Topic: Bittrex coin, why not? - page 8. (Read 1487 times)