Bittrex remove many coins ???'' | Bitcointalksearch.org

Febo

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Quote from: ciacio84 on January 30, 2018, 10:26:57 AM

Bittrex these days, is requesting certificates of conformity to all currencies, according to American laws .... who will not provide the necessary documents within a few days will be delisted by the price list. There could be an apocalypse

Bittrex did not listed many tokens that are acting like securities in first place. So I dont think will have much work with this. But still could be.

Mang Li

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thats normal, because unuseful coin will be delisted from bittrex and this will give a chance for the new coin to listed on bittrex

housebtc

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Solrider13

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Quote from: moynul2050 on February 06, 2018, 11:52:52 AM

Quote from: jerry0 on February 06, 2018, 09:59:47 AM

What if you own a coin and leave it on bittex and then it gets delisted. What happens to your coin? Also what if you leave it there for a very long time and had no idea of the delisting?

it is a bad thing, coins will be lost and worthless. for what we keep the coins.
Bittrex usually gives information that there is a coin to be removed, immediately sell the coin and do not think too long.

I think they keep the wallet active for withdrawals but they stop trading on their exchange.

Doctor.Strange

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Doctor.Strange

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Quote from: xXLimbXx on January 30, 2018, 06:38:30 PM

Another reason we need a good decentralized exchange with fiat support. Hope we will get some sooner than later.

DEX is the future if crypto want to survive

KeithBeeCham

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Quote from: eyesopen on February 06, 2018, 12:54:26 PM

this is bad news really, it means that either coins conform in some way to new rules or be delisted.

are we looking at regulation by stealth?

what happens to peoples coins once they are delisted from an exchange?

Not only because of new rules. If any coin listed on Bittrex but the trading volume is too low also can be delisted. It's really normal and Bittrex is not the only exchange which does it. I think it'll affect a lot to the coin which delisted, the trading volume and the price will dump really hard. I heard some news that USDT may be delisted on Bittrex as well but I hope this case will not come true.

eyesopen

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this is bad news really, it means that either coins conform in some way to new rules or be delisted.

are we looking at regulation by stealth?

what happens to peoples coins once they are delisted from an exchange?

captain_blood

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Just let it be, Bittrex is an asshole, so many people lose their money on that exchange. Worst customer support for me, it takes weeks or months sometimes before they will address your concern.

Unlike Binance, just a couple of minute and your concern will be processed and act accordingly. That is why Binance is growing steady fast.

moynul2050

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Quote from: jerry0 on February 06, 2018, 09:59:47 AM

What if you own a coin and leave it on bittex and then it gets delisted. What happens to your coin? Also what if you leave it there for a very long time and had no idea of the delisting?

it is a bad thing, coins will be lost and worthless. for what we keep the coins.
Bittrex usually gives information that there is a coin to be removed, immediately sell the coin and do not think too long.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Pamadar on February 06, 2018, 10:43:59 AM

Quote from: Poink on February 06, 2018, 10:33:39 AM

Quote from: unusualfacts30 on February 06, 2018, 10:13:10 AM

given that they already ask for lot of information when listing alts, I don't think many will get delisted. They have to follow the laws.

I think the initial purge removed all coins that doesn't/cannot meet the requirements. As you said, the new strict(er) listing requirements make sure they comply.

They don't have any choice unless they also wanted to ruin their business, as per rules they need to comply with the law enforcement in order to continue their service, but for sure they will allow those project which is needed to supply necessary legal documents to be able to stay inside their exchange not sure if how many coins will be delisted but one thing is for sure, bittrex will not do any wrong moves to put the business in the wrong direction.

No matter which way they would go they dont really have any choice but to comply on whats being asked on here. No one really knows on how many coins would really be delisted and taking such actions is already being planned by them not majorly affecting the business.Its a normal thing that they wont really risk their reputation which is being build for how many years.

kryptqnick

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Quote from: xXLimbXx on January 30, 2018, 06:38:30 PM

Another reason we need a good decentralized exchange with fiat support. Hope we will get some sooner than later.

I saw some cryptocurrency projects of exchange platforms, but I am not sure how successful they are going to be and perhaps they would not be able to accept fiat.
We still have other exchanges like bitfinex, which is trusted and doesn't have such things. It might get worse as well, though, since Korea is taking regulation in their hands.

Quote from: bearex on January 31, 2018, 11:02:43 AM

I really hate Bittrex since they downgraded legacy accounts WITHOUT NOTICE!!! So it wouldn't shock me, if they just blatantly remove some coins without any prior notice...

And what happens if one was holding a coin on an exchange and then this coin was removed from it? The user just loses money? Or are the coins somehow automatically converted into btc or something else which is on the exchange, by the way?

ducnguyen3293

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I think that is the norm of a trading platform

Pamadar

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Quote from: Poink on February 06, 2018, 10:33:39 AM

Quote from: unusualfacts30 on February 06, 2018, 10:13:10 AM

given that they already ask for lot of information when listing alts, I don't think many will get delisted. They have to follow the laws.

I think the initial purge removed all coins that doesn't/cannot meet the requirements. As you said, the new strict(er) listing requirements make sure they comply.

They don't have any choice unless they also wanted to ruin their business, as per rules they need to comply with the law enforcement in order to continue their service, but for sure they will allow those project which is needed to supply necessary legal documents to be able to stay inside their exchange not sure if how many coins will be delisted but one thing is for sure, bittrex will not do any wrong moves to put the business in the wrong direction.

Poink

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Quote from: unusualfacts30 on February 06, 2018, 10:13:10 AM

given that they already ask for lot of information when listing alts, I don't think many will get delisted. They have to follow the laws.

I think the initial purge removed all coins that doesn't/cannot meet the requirements. As you said, the new strict(er) listing requirements make sure they comply.

unusualfacts30

hero member

Activity: 1540

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Quote from: Tstar on January 30, 2018, 06:47:17 PM

Quote from: ciacio84 on January 30, 2018, 10:26:57 AM

Bittrex these days, is requesting certificates of conformity to all currencies, according to American laws .... who will not provide the necessary documents within a few days will be delisted by the price list. There could be an apocalypse

Bittrex is usually listing only serious alts, so I don't think that there will be many delisted.

Is there any preliminary list for some speculation tradings?

given that they already ask for lot of information when listing alts, I don't think many will get delisted. They have to follow the laws.

jerry0

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What if you own a coin and leave it on bittex and then it gets delisted. What happens to your coin? Also what if you leave it there for a very long time and had no idea of the delisting?

Xxxurrrad

member

Activity: 280

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I hope no. Is this information verified? They already lag behind the Chinese and Korean exchanges in terms of the number of new promising coins.

Zulkin0s

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Bittrex is one of biggest exchanges and now I don't know which exchange to choose. Delistings are one of Bittrex troubles, other one is tech support which replied to my ticket month after.
Decentral exchange maybe the fair one, but any of DEX that I see is too complicated to use.

bearex

hero member

Activity: 560

Merit: 501

I really hate Bittrex since they downgraded legacy accounts WITHOUT NOTICE!!! So it wouldn't shock me, if they just blatantly remove some coins without any prior notice...

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