Topic: Do I need to verified my bittrex account ? - page 3. (Read 13346 times)
since around august this year, bittrex requires every new user to complete the basic verification. the account without passing verification is pretty much useless since the withdrawal limit is very low
It is the right choice, because with many problems that arise on polo you better switch on bittrex.
There seems to be a new policy on bittrex and no matter how much you trade in bittrex you better raise your bittrex account level to basic.
Basic ? The new policies wouldn't allow you withdraw 0.02 without any level of verification.You need to verify your phone number,address and name to process small withdrawals.If you are a high volume trader,you will need to bypass the advanced verification which includes ID card and other documents.There seems to be a new policy on bittrex and no matter how much you trade in bittrex you better raise your bittrex account level to basic.
How does the 2FA work on Bittrex? Do they use Google Authenticator?
Yes,they use Google Authentication on your mobile. 
Hey, I decided to move from polo to bittrex
Do I need to verified my bittrex account if i trade with only 500 dollars.
It is the right choice, because with many problems that arise on polo you better switch on bittrex.Do I need to verified my bittrex account if i trade with only 500 dollars.
There seems to be a new policy on bittrex and no matter how much you trade in bittrex you better raise your bittrex account level to basic.
No, just once for phone verification.
How does the 2FA work on Bittrex? Do they use Google Authenticator? Hey, I decided to move from polo to bittrex
Do I need to verified my bittrex account if i trade with only 500 dollars.
Do I need to verified my bittrex account if i trade with only 500 dollars.
Agree with others, it's better to verified your bittrex account for the future. Maybe in the future your assets on bittrex account will have many bitcoins/altcoins to trade and by verified your account will makes your account can withdrawal more your balance but [1]if you only casual trader like me who only trade $100-$500 it's not important to verified.
At cryptopia daily withrawal limit is 5000$.
At Cryptopia, do you have to verify or not for the daily withdrawal of $5k?Keep in mind that entering the data are proceeded into "public registers". And in 90% of the cases, they "don't find the matching info" so you will be requested to enter a valid phone number for phone verification. Then Basic Profile is completed.
Is that the only time the mobile number is needed, just for the initial phone verification where they send you a SMS code? Of do you need to use that mobile phone everytime you make a withdrawal from your Bittrex account?No, just once for phone verification.
At cryptopia daily withrawal limit is 5000$.
At Cryptopia, do you have to verify or not for the daily withdrawal of $5k?Keep in mind that entering the data are proceeded into "public registers". And in 90% of the cases, they "don't find the matching info" so you will be requested to enter a valid phone number for phone verification. Then Basic Profile is completed.
Is that the only time the mobile number is needed, just for the initial phone verification where they send you a SMS code? Of do you need to use that mobile phone everytime you make a withdrawal from your Bittrex account? Hey, I decided to move from polo to bittrex
Do I need to verified my bittrex account if i trade with only 500 dollars.
Do I need to verified my bittrex account if i trade with only 500 dollars.
Agree with others, it's better to verified your bittrex account for the future. Maybe in the future your assets on bittrex account will have many bitcoins/altcoins to trade and by verified your account will makes your account can withdrawal more your balance but if you only casual trader like me who only trade $100-$500 it's not important to verified.
Hey, I decided to move from polo to bittrex
Do I need to verified my bittrex account if i trade with only 500 dollars.
Do I need to verified my bittrex account if i trade with only 500 dollars.
Yes, so you can increase your withdrawal limit. You should do it because it is also for you own good. It's going to be stressful just in case you didn't do that and you are cashing out many btc.
Guys, once again, legacy account with limit of 1337 btc - it's just a dummy label? When I will try to withdraw more than 5 btc this acc will be disabled with request to do the basic verification?
Anybody was able to withdraw more than 3 BTC using legacy acc?
Anybody was able to withdraw more than 3 BTC using legacy acc?
It seems to be just a dummy label yes...legacy accounts are also affected.
A little weird they let you deposit as much as you want without mentioning anything about withdrawal limits.
Hey guys im thinking about creating a bittrex account. So if i do not have a verified account, how many bitcoin or altcoins can i send to my account to switch for bitcoin or another altcoin like ETH? I assume back then you could do up to 3btc in trades per day whether btc to ETH or vice versa? But now its max 0.025 btc? Can someone confirm this is what is meant by it?
None if your account was set up after 1st August 2017. They want all new users to be verified and won't allow withdrawals if you are not.
I suggest you go instead to HitBTC - they don't require verification as long as you don't trade fiat and are trading cryptocurrencies only.
hi there. Are the rates pretty good at Hitbtc? Okay so if you are trading crytocurrencies there, you do need to create an account right? And if you do, i assume you need an email? Do you also need to put your real name or is that not required?
Im also curious but say you trade bitcoin for waves or ETH. I use shapeshift to do these trades and i noticed i lost a lot of money doing this. Like it cost me 250 dollars to trade a total of 5k worth of btc with another coin etc. So i assume hitbtc gives a much better rate similar to bittrex?
What do you mean they won't allow withdraws? You mean trading crytopcurrency to crytocurrency or withdrawing to bank account etc?
Depends on whom you fear most: the gubment finding out you keep some savings in crypto (Bittrex theoretically) or an anonymous shell which claims to be EU based but nobody really knows (HITbtc)
Increasing mainstream adoption and a growing market cap mean that these exchanges will have to comply with financial rules or be shut down. Bittrex is at least making a move towards making itself legit. I understand why people in this topic don't like this but it is the price of adoption.
Increasing mainstream adoption means your bitcoin is now worth 4000$, it also means you can no longer move large amounts of money around the internet with no questions asked. One or the other.
We've all seen what just happened with BTC-E. And trust me it is probably only the beginning.
I personally would choose to just comply with Bittrex' KYC demand rather than moving my coins into an exchange which has less or no regulation compliance and find my coins 'hacked' or confiscated the next day.
We are not in Kansas anymore.
If you will continue to need bittrex or still interesting in cryptocurrency, my suggestion of course you need to do verification. Therefore for your kindness and comfort in doing the transaction.
Guys, once again, legacy account with limit of 1337 btc - it's just a dummy label? When I will try to withdraw more than 5 btc this acc will be disabled with request to do the basic verification?
Anybody was able to withdraw more than 3 BTC using legacy acc?
Anybody was able to withdraw more than 3 BTC using legacy acc?
Hey guys im thinking about creating a bittrex account. So if i do not have a verified account, how many bitcoin or altcoins can i send to my account to switch for bitcoin or another altcoin like ETH? I assume back then you could do up to 3btc in trades per day whether btc to ETH or vice versa? But now its max 0.025 btc? Can someone confirm this is what is meant by it?
None if your account was set up after 1st August 2017. They want all new users to be verified and won't allow withdrawals if you are not.
I suggest you go instead to HitBTC - they don't require verification as long as you don't trade fiat and are trading cryptocurrencies only.
hi there. Are the rates pretty good at Hitbtc? Okay so if you are trading crytocurrencies there, you do need to create an account right? And if you do, i assume you need an email? Do you also need to put your real name or is that not required?
Im also curious but say you trade bitcoin for waves or ETH. I use shapeshift to do these trades and i noticed i lost a lot of money doing this. Like it cost me 250 dollars to trade a total of 5k worth of btc with another coin etc. So i assume hitbtc gives a much better rate similar to bittrex?
What do you mean they won't allow withdraws? You mean trading crytopcurrency to crytocurrency or withdrawing to bank account etc?
Hey guys im thinking about creating a bittrex account. So if i do not have a verified account, how many bitcoin or altcoins can i send to my account to switch for bitcoin or another altcoin like ETH? I assume back then you could do up to 3btc in trades per day whether btc to ETH or vice versa? But now its max 0.025 btc? Can someone confirm this is what is meant by it?
None if your account was set up after 1st August 2017. They want all new users to be verified and won't allow withdrawals if you are not.
I suggest you go instead to HitBTC - they don't require verification as long as you don't trade fiat and are trading cryptocurrencies only.
Hey guys im thinking about creating a bittrex account. So if i do not have a verified account, how many bitcoin or altcoins can i send to my account to switch for bitcoin or another altcoin like ETH? I assume back then you could do up to 3btc in trades per day whether btc to ETH or vice versa? But now its max 0.025 btc? Can someone confirm this is what is meant by it?
Withdraw Limits
https://support.bittrex.com/hc/en-us/articles/231701788-Verification-Withdraw-Limits-and-Troubleshooting
Hey guys im thinking about creating a bittrex account. So if i do not have a verified account, how many bitcoin or altcoins can i send to my account to switch for bitcoin or another altcoin like ETH? I assume back then you could do up to 3btc in trades per day whether btc to ETH or vice versa? But now its max 0.025 btc? Can someone confirm this is what is meant by it?
I don't have a problem with verification per se but I do have a problem handing out personal information to just anybody. If the exchange gets hacked (and they ALL get hacked at some point) then the hackers might have access to very detailed personal information of the users. That's just no good.
Same here, I dont mind drop my pants, but for some reasons I would prefer not to. But now, it seems we have to (at least) when I want to get my holdings out of the 3rd parties hand...
I also have a legacy account, it's empty and I haven't used it for a while but was recently thinking of doing so, now I'm not so sure.
At which point did you discover your account was disabled, when attempting a deposit, withdrawal or trade?
At which point did you discover your account was disabled, when attempting a deposit, withdrawal or trade?
It was when I went to generate a deposit address for a coin. It fails with a pop-up saying account disabled. I contacted support and they said they would not enable my account until I did the verification.
I wonder if new accounts also have to do verification if they're only trading cryptocurrency.
It would seem that they do, at least when it comes to withdrawal.
Withdraw Limits - “Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day”
I also have a legacy account, it's empty and I haven't used it for a while but was recently thinking of doing so, now I'm not so sure.
At which point did you discover your account was disabled, when attempting a deposit, withdrawal or trade?
At which point did you discover your account was disabled, when attempting a deposit, withdrawal or trade?
It was when I went to generate a deposit address for a coin. It fails with a pop-up saying account disabled. I contacted support and they said they would not enable my account until I did the verification.
I wonder if new accounts also have to do verification if they're only trading cryptocurrency.
I have a "legacy" Bittrex account (created when the exchange was brand new) and my account is completely disabled until I do verification. No deposit, withdrawal, or trading of any sort.
Kind of annoying because I'm a long term stable customer for many years. Why would I suddenly be a problem now? Verification makes no sense if all I'm doing is trading cryptocurrency. I don't need or want FIAT or any sort.
I don't have a problem with verification per se but I do have a problem handing out personal information to just anybody. If the exchange gets hacked (and they ALL get hacked at some point) then the hackers might have access to very detailed personal information of the users. That's just no good.
Kind of annoying because I'm a long term stable customer for many years. Why would I suddenly be a problem now? Verification makes no sense if all I'm doing is trading cryptocurrency. I don't need or want FIAT or any sort.
I don't have a problem with verification per se but I do have a problem handing out personal information to just anybody. If the exchange gets hacked (and they ALL get hacked at some point) then the hackers might have access to very detailed personal information of the users. That's just no good.
I also have a legacy account, it's empty and I haven't used it for a while but was recently thinking of doing so, now I'm not so sure.
At which point did you discover your account was disabled, when attempting a deposit, withdrawal or trade?
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