Topic: Bittrex will stop serving a number of countries. - page 2. (Read 234 times)

Ehh. Bittrex is mostly used for trading altcoins anyway, not necessarily a platform where people purchase bitcoin. Not that much of a bad news in my book as most of these countries can still use other platforms.

Not a good news for the resident of those countries. I think in some of those countries Bitcoin is not illegal then why this move? I am glad that I am not in the list however I rarely use Bittrex account. there will be a lot of users who will be in trouble if Binance and Kucoin starts limiting counties.

Thanks for the heads up. Honestly it is sad to see such a long list and i guess it will only get longer in time as more countries take a negative outlook towards Bitcoin. Many of the countries on this list are those where the rule of law is weak and  and the countries themselves are often plagued by endemic and systematic corruption and /or Hyper inflation and it is exactly these sort of place where i think bitcoin is needed most and will do the most good for the general people.

That being said Bittrex isn't really used all to much these days but i am sure many of these restrictions should soon apply to the bigger exchanges as well. And for anyone from these countries who still has coins on Bittrex consider moving them out quickly Just in case the exchange tries to make withdrawls difficult later on.

Due to regulatory requirements, customers who reside in certain countries (see full list below) can no longer use the Bittrex platform. This list was updated on September 2, 2020.

List of Countries

• Belarus
• Bosnia and Herzegovina
• Botswana
• Burundi
• Cambodia
• Central African Republic
• Congo Democratic Republic of the
• Cote d'Ivoire
• Egypt
• Eritrea
• Ethiopia
• Ghana
• Guinea
• Guinea-Bissau
• Guyana
• Iraq
• Lao People's Democratic Republic
• Lebanon
• Libya
• Maldives
• Mali
• Myanmar
• Nicaragua
• Pakistan
• Panama
• Somalia
• South Sudan
• Sri Lanka
• Sudan
• Trinidad and Tobago
• Tunisia
• Uganda
• Ukraine
• Vanuatu
• Venezuela (Bolivarian Republic of)
• Yemen
• Zimbabwe

https://bittrex.zendesk.com/hc/en-us/articles/360034965072

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Update 12.09.2020:

Why is Bittrex Global suspending service in the Ukraine, Belarus, Burundi, Mali, Myanmar, Nicaragua and Panama?

Bittrex Global prides itself on being not only the safest and securest place to trade cryptocurrency but also the most strictly regulated. With that in mind, due to the current regulatory environment in certain jurisdictions, we were instructed by our Legal and Compliance teams that in the short-term, we would need to suspend service from a few countries, these include: Ukraine, Belarus, Burundi, Mali, Myanmar, Nicaragua and Panama.

What do I need to do if I am from one of the affected countries?

Please login to Bittrex Global and withdraw all of your funds before September 24th, 2020.  For additional help please see our support article here.
If you have two-factor enabled, you will need to enter your 6 digit code. If you do not have two-factor enabled, you will need to login to your email account and click the verification link sent to you.

Please note if your balance is below the minimum withdrawal amount for the wallet, you will not be able to withdraw it. The minimum withdrawal for all coins must be greater than 3 times the fee. For example, your balance in BTC must be .00150001 or greater as the fee is .0005.

When is the last day I will be able to access the funds in my account?

Your account will be active until September 24, 2020, 23:59 UTC, after this time, service will be suspended.

What happens if I do not access my funds by September 24th, 2020?

We highly recommend that you withdraw your funds immediately. If funds remain in your account after September 24, 2020, 23:59 UTC, we cannot guarantee their withdrawal. In the event that you have not withdrawn funds from your account before the deadline, you may still be able to withdraw your funds, but will not be able to trade with the balance in your account. If any issues arise, please do not hesitate to contact our Customer Service team.

There haven’t been any recent changes to the regulatory policies in my country, why is this happening now?

Bittrex Global’s Compliance and Legal teams monitor the regulatory landscape in all countries it operates in, as well as the interaction of rules and regulations in all these jurisdictions. Although it is not an easy decision, at this time, our team believes that suspending services in the affected countries is the best course of action.

https://bittrexglobal.zendesk.com/hc/en-us/articles/360016422699-Important-Account-Information-for-Bittrex-Global-Users-in-Ukraine-Belarus-Burundi-Mali-Myanmar-Nicaragua-and-Panama