Bitcoin Forum

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.

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.

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.

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.

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.

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.

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.

I was wondering the same recently. So, thanks for your ideas, community.

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.

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

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

They are in the business for such a long time and if there's any sign that they will enter this venture for sure they will introduce one, but like you have said
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.

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.

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.

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 (https://bitcointalk.org/index.php?topic=1954598.0) from this exchange.

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.

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.

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.

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.

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.. 

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.

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.

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.

Personally, I think that there is no need to issue your own coin on each exchange. You can encourage your users without their own coins. But if Bittrex does release its cryptocurrency, it would be nice.

i never thinking like that but that is right, why not Bittrex coin born ??
so i think Bittrex is just focus to build up and upgrade their exchange to be more and more better every time.
that mean, if you have a coin your focus will have a seccond think to handle like price of the coin, how that coin will growth, the blockchain coin platform and other reasong.
just my speculation.

Yes, more or less like that sooner or later, it's only a matter of time until the project team considers it and maybe for now it's not the right time because the Crypto currency conditions are still unfriendly. If Bittrex already has its own coins, it will definitely grow fast because many people already know their potential.

Binance did it with BNB
Switch.ag did it with ESH
Switchdex.ag did it with SDEX
KuCoin did it with KCS

And there are a lot more examples. The question is not why not, it should be a when? To compete in this market their token has to hold some value they are probably inventing something to make their token stand out from the rest.

How many coin that exist in the market that actually provide something real? Majority are still base on promise if you ask me, between if bittrex decided to lunch their own token/coin at some point then that would be base on a usable product which millions can already access, tying a token with a usable product is not something that can be achieve oversight, there will be alot of hardwork put in place, lots of walls torn down to achieve this, it will take time for this to happen.

This same question you have inquired peoples' opinion about is actually what is causing serious issues right now in the crypto space. BNB, KCS all came to be because there is a problem the team behind both seeks to address. Definitely, if the team behind Bitrrex sees something similar, who knows what will happen..?

Well, then they obviously have their reasons for not releasing their coin. In addition, it is very expensive and requires a lot of effort and money. Perhaps the time will come and Bittrex will finally release its coin.

Perhaps the team of this exchange simply believes that they have already missed the opportunity to create their token? or they have no technical solution to do it.

Most big exchange site in the market launched their own coin maybe Bittrex thinking to create their  own but they need a lot of time for creating like the roadmap and how its work for now I dont see any reason for not creating their own coin.

Bittrex isn't very big exchange, they just already an old exchange site which still survive until now.
Why do you think they need to launch their own coin? You can ask that through their contact support since everyone on here will be only give you their opinion

Perhaps they already thinking and make development about this and we dont know yet. Creating own coin for exchangers can be useful if the exchangers have big volume and bittrex is big exchangers too

Exchangers like Bitforex even have their own BF coin. Bittrex, which is an exchanger at top 10 biggest exchangers in market with large transactions, I think Bittrex will have its own coin. But maybe because of American regulations, Bitrex still hasn't released it

i dont think soo, binance have a success project with their coin/token. But for now Bittrex not thinking to create their own coin/token

I have the same think with you, Why Bittrex as one of the top exchange not create their own coins?
I think their team is still develop the concept,maybe.

There is no reason bro. One thing to know about these exchanges you listed is to check the location of the exchange. You can't just issue your tokens in an exchange in the US so I guess there is a strict regulation governing these exchanges located in the US like poloniex, Bittrex, coinbase and the likes. Will it be a security or utility token?
Etherdelta got a nice case the past year for issuing their own token. 

Thus bittrex is an exchange even though they dont have their own token/coins yet, the important is they are already successful. And I guess, maybe they are just planning this to happen, we may not know that one of this days they are going to release their coin too lets just wait it until ita happens. But for now, if you wanna try simething new to you I prefer you to try the dencoin tokens tjat is also consider as successful.

I agree, in just time we will see them announcing their own token.
As the IEO is growing in popularity and they are a decent exchange, their exchange will be more popular when they a coin that can be traded in their own exchange as well.

Also, I'm thinking that some US customers might starting to use Bittrex due to the recent news from Binance which US clients are not anymore allowed.

I suppose they haven't planned that yet or its on their waiting list to do in the coming days. Also they aren't the only exchange that doesn't have a custom token. Another thing  to note is that they directly affiliated to a new exchange called Bitsdaq

It is very simple, releasing thier own tokens means they are offering security and do you want SEC to come after you, NO. I will ask you that how many US based exchnage have their own tokens, Not one I can thing of, CoinBase, Bittrex, Poloniex, Gemini etc they all avoid this because it is a bad market for them

I don't think it's that important for an exchange to own a native token and also I am sure it was not on their business plan so definitely it's another ball game all together and maybe they will do so in the future

We don't know if they will plan something like this in the future. But as long as there's no indication that they will enter to this new kind of venture, we will eventually know it.

i am sure that bittrex did plan to create thier own coin on the past but there might be a valid reason on why they didnt released it on the public  but after they saw the success of binance and kuckoin , i think they will change thier mind and they are now starting to re create thier own version of thier own coin  but we must not worry because they will soon give a public announcement regarding on the coins information such as its price , supply , and specifications  .

Most of the coins out there is a proliferation of projects. I don't see the reason why Bittrex should have their own tokens exchange fee is charged against a trading pair. BNB and KCS still charges in transactions with Btc, ETH and other pairs. There's just no reason for exchange coin at the first place.

Can you have any source about that?

I can't remember in the past that they ever planned of launching or planning their own coin. I guess every exchange go with the flow and popularity of exchanges coin but if Binance coin didn't became popular, they won't think of something like this.

I am also curious about what reason the bittrex exchange has so they don't make their own coins. Bittrex also a few months ago deleted a lot of coins to reach 82 coins.

That is because Bitrex wants to make the exchange only contain tokens or coins that have a good platform, and for cryptocurrency registered at Bitrex does not have a trading volume at all then it will be deleted because it might be considered as junk coin.

The crypto market is full of dynamics, while older exchanges have made their mark newer ones should be here to make the changes, Bittrex is still among top exchanges, it may not follow the path of Binance in its development but I would wish to see them take another path in bringing a whole lot to their platform and one of such is developing a trade app

It would at least have a utility to use unlike many coins out there. The reason why bitcoin is loved by many is that there are many places that accepts bitcoin now which is awesome, people love ethereum because you can do dapps with it and use it on those dapps or you can do ICO with it and fund new coins with it and many other things, people like eos because you get to do dapps with it too, people love bnb because you use it on binance as well.

So, as you can see there are awesome coins that has a "use" for them, if bittrex created their own coin I am sure it would be in top 25 right away or at least will take a bit of time but will reach there. People will always be drawn to coins that have some sort of use for it, a coin you buy and hold until you sell is not liked that much anymore.

Maybe they just don't want to create it right now
They still focused on security and optimization of their trading platform.

And I think they also better to fix their reputation right now because of their bad IEO program than create their own token/coin...
There are so many people hate Bittrex right now after they participate Bittrex IEO and then REKT...

I think Bittrex don't need that coin.
Bittrex is some good and big exchange, it alive without coin cryptocurrency.
But if Bittrex coin i think it not bad too.

Seems like they more accept a neutral position on this exchange token race, but tell you the truth Bittrex today is not the biggest exchange, like it was in 2017, it lost his power and if they create their token and announce for example tomorrow, it won't make much noise and hype, not a big deal.

the more this types of coins like BNB are created and get pumped to give their creators (who hold the 100% premines of these coins) a ton of profit, the more we are going to see new ones like them be created because nobody dislikes making easy money in the millions!
but the problem is that soon the market will be filled with this types of coins specially since every exchange these days are creating more than one of them!!!

There's no point creating their own token. All these are proliferation of token, exchange fees are paid against the trading pair why create another coin or will fees be paid solely on the exchange coin?

I don't think every exchange can have its own token, maybe they can't handle it, maybe not yet part of its business plan or not a priority or maybe they are having an approval issue to do that. Recently bittrex is supporting an Asian exchange bitsdaq and holds quite a large number of this exchanges token so there is a lot we don't know about them.

I'm kind of pleased they don't have one. Yes it's a big exchange and quite an old one as well in comparison. The problem is if they implement one now it just looks like they're jumping on the bandwagon and desperately trying to keep up with these new exciting exchanges. The problem if they don't do it is they might start to look out of touch. It's a difficult position that will get more difficult as time goes on.

In my opinion, Bittrex coins are good as an investment to get a satisfying profit. because this Bittrex coin is already so popular now and the price has also increased slightly from the previous price.

Maybe exchange site for bittrex is enough to cover all they needs to be stay earned and gathered enough funds for their community, deliver a good outcome to the investors and maintain their strong security of its site. Not all exchange site just depend of their coin they had created someone can sustain without implementing a crypto coin to run a exchange site or other of business.

Maybe they just mean business purely so they don’t have plans so far of creating one,what bittrex want is to focus on their exchange so by that there are no issues or to handlbut only for investors coins that entrusted to their exchange

But I don’t think that in time they will never look for bringing own currency,it’s just that so far they only focusing on single management

As far as I know because Bittrex is established in the US, there are currently many regulations for exchange and crypto in this country. Maybe that's why they don't build their own coins

on a second thought, I beleive Bittrex still has some milestones to cover. I am sure they must have weighed the options and decided 'it is not yet time'. it will be very wise for them to look at how other exchange coins are doing and their flaws before they launch any Bittrex Coin. Bittrex is reputable I am sure they will have a definite reason for not launching a coin as yet

Bittrex exchange has not invest on its customer and also not befits from referring customers that's why goes to lower volume ,and trying to launch new exchange and ma be can launch its own coin.

Yes it will be a great idea if bittrex can have their own coin, but I don't thing they have any plans for that anyways. I've seen that bittrex have gone down the pecking order among good exchange maybe launching a new exchange and coin can make them resurge

We don't know if they want to create their token or not because it's their secret on how to grow their exchanges. I am sure if they think that creating the tokens like binance will give them more members and gain the profit, they will do that thing and I think people will give a positive respond. Besides that, I think bittrex will announce to the public if they want to launch the token so people can directly to buy their tokens.

Yes I also wondered about this, but it seems that Bitrex wants to focus more on their exchange business. Moreover, Bittrex is an exchange developed from the US, of course, it will have a hassle about taxes if they develop their own coins.


Bittrex can indeed launch its own coins anytime. But I think now it's a little late for them because in the US alone there are many new regulations that can burden users or developers, such as the implementation of FATF.

I'm not exactly sure why the bittrex didn't have the coin, but it's certain that with the ieo in the bittrex is so different from the other ieo that it's hard to find people who want to trade there because so much trauma

Probably bittrex doesn't see any reason for the creation of their own native token, many exchanges who have it without significance essence for it.

Bittrex is under the administration of the US government and has a lot of strict policies, which makes Bittrex unable to get its own coin. I think that not having exchange coins will have a huge impact on trading volume because people are more inclined to keep their exchange coins more to reduce transaction costs or have a greater chance to join the IEO. I personally do not like Bittrex because I actually lost a large sum of money when I participated in their IEO project and lost a lot of money.

This a very good topic to raise because bittrex is a big exchange and even the smaller ones have their own coin. My opinion on this is that regulatory measures serve as obstacle for bittrex to have its own coin. The exchange operates under the US legislation and its a very strict one for that matter. So I think US regulations is hindering bittrex from having its own coin.

i think bittrex already become a major exchange in crypto world without any product such as binance with BNB and Kucoin with KCS
so, this exchange don't think to create its own coin or maybe not yet for now, because no body know in the future, if bittrex will create it, right ?

Without any doubt there will be such a coin in the future, because every serious exchange has its own token. But I am not sure if Bittrex is a great exchange any longer, because even IEOs are not profitable on this exchange.

Man there is over 2000 cryptocurrencies in the market and I don't see why anyone should be adding to that huge number, but whatever,,. I think maybe they don't want to follow the same route as others, they just want to do their thing I guess. It's not a must that they should have a coin of their own, not even Coinbase that has been around since 2012 has its own coin or do they?? Cause I don't know. And another thing you have to know is that Binance exchange is a huge exchange and you can't be comparing them with rest.

They still stay and they still have a decent volume,so I won't loss that hope that they will grow overtime.
I loved Bittrex as it's my old exchange together with Poloniex, but when Binance came, things change, but no exchange will remain on the top forever and no exchange will not improve if the team will work hard to make some improvement.

maybe they do not aim to make their won token. but actually it would be useful for the community since token can provide lower fees and even they could launch some ieos and they could provide a natural demand to their token.

there is no requirement for exchanges to have their own coins. bittrex can issue its own coins like Binance but whether issuing coins is the best step in advancing exchange. it depends on their business strategy, and maybe someday they will if issuing coins consideration will be profitable.

simply creating their own coin increases the profits of the exchange it receives. if the coin gives some kind of bonus to the users of the exchange, then it will be bought and, in addition to commissions, the exchange will also earn money on the fact that people will invest in the coin

I think it's useless, most exchanges have coins because they do ICO.
bittrex doesn't need coins like that, and also bittrex already has too much shitcoin.

maybe bittrex will launch a coin like binance but it hasn't been done yet I think it will happen in the future or there are other reasons if they really don't do it

Bittrex exchange should have had its own coin but my thinking I that its operation in united state is really affecting the coin. The laws of the land does not really favour its operations.

I'm not sure on the law side but they have bittrex international which allows non US traders to use the site.

If they can also operate in certain county where regulation is not so strict and would allow them to have their own coin, I guess its wise to do that.
Most coins from exchange as long as they have volume grows as well, and this exchange would not only operate for short term but if they'll still allowed they'll be here forever.

The question is that most every exchange create a coin, it is not a must. It is better to do one thing and make it work than try to lay hand on everything why nothing is working. The crypto market is already full of enough coin so we should not just come up with a coin now except if it will solve a major problem.

Maybe the reason why they are having a hard time figuring it out whether to create with this consequences that will really affects the sale and
facilitation of this coin if ever they will create one, bittrex is a business and under that jurisdictions.

Currently   Bittrex wallet already has 1,100,000 bqqq tokens on its internal. And continues to increase....

May be due to US laws. Bittrex cannot issue their tokens. But I know a recent exchange is a partner of Bittrex and they have released their token.

Bittrex has to solve some problems first. SEC dedicate them and they delisted many coins for US Citizens. BTW, Binance is preparing US exchange for US citizens. So Binance is coming. I don't give any chance to Bittrex against Binance!

I suspect bittrex has been unable to upgrade its systems further, although they have transferred the technology to Bitsdaq as a new trading platform. They do not try to find ways to change their mode of operation. The first is that they do not have a model to enjoy commission of transaction fees from introducing new members. Their transaction fees are higher than other exchanges by 0.25% higher than Houbi, Binance.
Because they registered a company in the US, it was more difficult to allow them to launch Bittrex's own token, with too many rules.

bittrex is in the USA, we know that USA is very opposed to the existence of crypto, it is possible that bittrex was not allowed to make its own coins in the USA. so that until now they have not made it

Bitsdaq was known to have been a partner project of Bittrex and they have already launched their coin, I doubt if Bittrex would be able to go same way. Bittrex should just be Unique and develop something different from what Binance have done having been here before Binance

Bittrex might not want to have their own coin but a subsidiary exchange if theirs (Bitsdaq) has a token already, I have to admit that it's kinda odd since most exchanges has issued their tokens especially in this era of IEOs but Bittrex has held their stand.

Yes. US regulation is too strict for creating security tokens.

They were one of the old exchange that is still alive today and back those days native token of exchanges weren't yet something in the mind of developers. Same thing with Poloniex. Bittrex now has created a new version of thier own like the Bitsdaq which right now has the BQQQ.

United States is very serious about managing crypto and any action requires major censorship. I think Bittrex cannot issue this coin because this is a prohibition in its policy. In my opinion, Bittrex should only be a normal exchange because I still like to use exchanges to participate in the proposed IEO projects and many projects have been success in this exchange.

It is incorrect. the USA government just want to implement strict rules, and managements, laws on crypto. They will not be able to restrict or wipe out crypto currencies. Because blockchain and crypto currencies are future of human civilization, and the USA are unable to damage that revolution. They should make law managements, and also adapt themselves to changes in crypto.

it's not impossible, this is just a regulatory problem that is there. if the government shifts cloudy and makes it easier to regulate ICO projects or making new crypto it will be very possible. this is just a matter of chance.

Binance born at the right period and their team, especially CZ are very excellently run their marketing, give aways, airdrops, bounties to take over Poloniex, Bittrex. Years later, Binance has built its diversify products and utilities for their customers, which will help Binance to maintain its high position among crypto exchanges.

Bittrex is located in the US, and their laws didn't allow an exchange to have their own coin. Feels like money washer.
And for more, bittrex is not that attractive to new investors. An exchange that Delisted lots of coins (In their hightime) is absolutely not a choice for me!

You're right, if they didn't release their coin, then there's a reason. There are so many different coins on the crypto market. Perhaps this exchange has other priorities and devote more work to improve their service, not fixating on creating their own coins.

Maybe Bittrex is just focusing on its exchange and not interested in entering on the more complicated aspect such as mentaining with own cryptocurrency. Im sure Bittrex has a lot of reason why this US base exchange has not issue its own cryptocurrency maybe in due time Bittrex will surprise us all just keep watch!

It's obvious that they have other ways of getting in fresh capital money. They don't need their own coin to the the same thing with even more involvement that requires more people from their side and additional worries, not to mention effort to be clear from breaking any law or regulation they must do regarding the strict laws that binds them in the states.

On the other side people would expect to gain something from that coin and that means less money for the exchange from the current fees they collect.

I think Bittrex exchange may launch its own coin in the near future. Maybe it does not require additional funds to expand its service. Or maybe the situation is not good enough for bittrex to launch its own coin. Or maybe they are planning internally to launch its coin.

maybe they are currently still focused on developing exchanges and not thinking about making their own coins, but in the future maybe they will make their own coins.

Bittrex is not based on ICO. The presence of Bittrex immediately made an exchange without conducting an ICO campaign. I think it's the same as INDODAX, Asia's biggest market. INDODAX also does not have its own coins. But it only supports new coins, like Tokenomy.
It is possible that a market like this builds its company by using its own capital, not from investors, so they don't need to promote their exchange with the guarantee of the coins they create.

Bittrex is not a leading exchange and they have proven it by their IEOs. As far as I know, no IEO on Bittrex was sold out and none brought any kind of profit. Exchange coins are trend at the moment, but it won't help Bittrex to develop further.

For me, this isn't good idea. So many people lost trust with them since their failed IEO. And I don't think people still wanna invest on them again. They must doing something to recover their reputation again and become big again like old day when they're number one on the world.

It cause by the regulations that already made by both countries US and Indonesia, bittrex is following US regulation and that will never conduct an ico or create its own token.
US regulators are always watching bittrex and remember about the case that happened with KIK and that already accused to run illegal ICO by US regulators.
It's too risky to run own coin or ico in US territory.

Recently, I have heard a lot of negativity about this exchange, block of accounts, etc., so I don't consider them to be reliable

Why does bittrex need to copy other site to create or make their own coin?

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Well, all they did only because they want people to do KYC and they will unblock their account.

Yeah, before binance bittrex was one of the topest market place. It'll not be surprise if bittrex think like that because now days exchange coin is common thing in market place. Many new exchange creating there own coin. Binance and Kucoin already success of there own coin. So may be bittrex also will thing about it.

We must look again at the history of the birth of the exchange. There are mostly exchanges born from ICO, IEO. This kind of exchange born of course they have their own tokens. Because they promote exchange and collect money from investors.

I guess they don't interested it to make their own coin because I think they focus their exchange like upgrading, fixing bugs, solving problems from the users just like that.

i am pretty sure that they will have that coin soon.
I think they are just preparing from it, remember what they faced before>
they have no time for that and i htink they are working on it now!

It's so late imho. All actions must make at the right time. Also, Bittrex has US jurisdiction. It gives some difficulties for such a token and his application. An addict, watch on the IEO on the Bittrex platform. Binance and others make it every 2-3 weeks. And they give a profit. But Bittrex IEOs are so strange that give loses the only.  :D Who wants a coin with -5 to luck?

Firstly they need to define what will be the purpose of their token.
I think they have enough funds already to operating the exchange, so they don't need to selling their token anymore.
It would be different if they are a new exchange that want to operating the exchange from the beginning.

That's the reason, Bittrex is an old exchange that are still reliable until now, and they are already profitable so there is no need for them to share their profit by creating a token.

Unlike Binance which started in ICO and they got their funds to operate from the amount they raise, so they are oblige to continue with the system and as the exchange grows, the holders will also enjoy with the value increment, this is an effective way to market as those holders of the tokens will surely support the exchange than other exchange so they will also benefit when it grows.

Well,,, I was silly enough to buy the tokens of one exchange that I used. Not Binance of course,,, it was me missing out on that that caused me to buy the one I am talking about. But it flopped right after it launched. Not so badly, just 15% or so and I am still enjoying the discounts so it is not terribly poor but still. It makes me think Bittrex coin is a bad idea.

Bittrex was big exchange but not now, Bittrex 24 hours volume is almost 7000 BTC and there are not trading more investors due their not paying any benefits to traders and investors, as compared to others exchanges giving more benefits that is the reason traders investing in crypto other exchanges. Bittrex was introduced other exchange Bitsdaq and launch their own token BQQQ but that exchange also fails to meet the requirement of traders.

If there will be BITTREX COIN soon, i will grab the opportunity to have them at low cost.
I am pretty sure that the coin will have a strong price due to a good exchange they are.
Looking forward for another great investment like BNB.

It is not even a must that many of them must have a token because I only see that token as waste of time and something to show their weakness, people have judge projects a lot with price and if not for investment part of it, there is honestly no need for projects to have issued token, because this token system is what has caused a lot of projects to be dead by now.

I think it would have even been better if some of these projects just have a fixed profit they give like on a yearly basis the way STO does, it would have made the usefulness of the project to be more pronounced than just the investment side. Bittrex has really been doing fine without token, they might not have the hype as much as other exchanges does, but they are really having a very good volume on their exchange.

If we compare the market shares that Bittrex and Binance occupied in 2017 and now it is obvious that Bittrex chose the wrong strategy. In order for the coin to be interesting to the community, you need to build related infrastructure around it.

They are gradually taking some actions to compete in the market like the Bitsdaq as their partner.  The changes could put them back in the competition once they can implement  it. I think if bitsdaq will have its success, bittrex will also use its native coin for the bittrex transaction fee like BNB. It wouldn't take a big promotions to make it work for bittrex they are already popular from old users.

Most utility tokens out there ain't necessary. Eth, Btc and other too tokens can be used a means of payment why development of other tokens for the same purpose.

We have been been enjoying the service offered by Bittrex for some years now. if they feel no need for the coin, I think we are also okay by it. I just love to see some of my favourite coins list on it. However, if Bittrex decides to lunch its own coin, I believe lots of people will be interested in it.
This also reveals another side of Bitterxx, that it is not an exchange that is just here to extort money from people but to bring about the actual vision of cryptocurrency to reality.

This exchange has a lot of restriction, not as binance, I don't think its coin will success.

How can you be so sure of that? I think if they had created their own coin, it would have been a success

We know, Bittrex is a popular and well-known exchange. In my opinion, they are waiting for something new and better feathers to add that or they create an amazing one which has many advantages and predominances.

Before, when I was new to cryptocurrency that was my first used exchange, but 2 years after I switched my coins to another exchange better than bittrex, because I found out that crypto in the US was no longer acceptable in this country. the owner of Bittrex or its owner is the US, maybe they will do the same in the future lest they just wait for the right opportunity.

It's not, US is not accepting crypto as a kind of investment considering its volatility can bring the investors to the very high risk due to the volatility of the crypto itself. Bittrex was doing it caused by it's a regulation that must be followed by the bittrex itself to able to survive on its territory (US). Bittrex is an old US-based exchange site.
Crypto is still acceptable in US when it comes to the utility usage but US regulator is putting its eyes to the illegal crypto security offering which has already called ICO.
That's the main problem why bittrex must comply with all of the regulation in US or bittrex will be shut down by the government.

Yeah, I totally agree. Why not? Why are we so uninteresting. Every day - risk, risk - fun, life should be more fun.

We need to understand this people are professional and doing their business alone passionately. Then we need to look at the volume of the bitrex. There are many coins and team trying to list the project at there.
They have created such reputation. That is enough for everything.

Do you have a source for this? This sounds almost interest, Bittrex's fingers in other exchange's pies and all that.
Sounds like a tragic (https://bitcointalk.org/index.php?topic=2454253.0) affair (https://bitcointalk.org/index.php?topic=785626.0).

That`s cool to see new listed coins, but too often a trading spread is so big there. Look at NEO (http://www.coingecko.com/en/coins/neo) it has one of the highest margine among the top exchanges! Volume = Spread it is a known truth, but who can explain to me, why so many perspective projects are still listed there ??
I registered my bittrex acc in 2017 and since that time i saw only unpleasant actions from admins to me. They blocked my account and asked for KYC, that`s really not in the cryptocurrency spirit. For monthly trading volume ($0k - $200k) margine is 0.25% which is one one the highest on the market, so who will trade with their branded coin ?

Trading in financial instruments and (or) cryptocurrencies involves high risks, including the risk of losing part or all of the investment, so it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Before deciding to make a transaction with a financial instrument or cryptocurrencies, you should get complete information about the risks and costs associated with trading in the financial markets, correctly evaluate investment objectives, your experience and acceptable risk level, and, if necessary, seek professional advice.

Maybe they are starting something here?

https://bittrex.zendesk.com/hc/en-us/articles/360032214811-Learn-More-About-Bittrex-Credits (https://bittrex.zendesk.com/hc/en-us/articles/360032214811-Learn-More-About-Bittrex-Credits)

Nothing new on this news and that's very similar with loyalty program, you spent money and then you just get point and at the end of the story you can exchange your point or credit to the commission-free trade or it's just like a loyalty for the members. The more money you spend and the more credit you earn but this is an old mechanism and I still prefer to use a coin that owned by a platform like binance to get 50% discount for commission-trade anytime rather than this one.


I guess bittrex has an intention to issue its coin but due to the US regulation and bittrex credit becomes a replacement for the token.
This called as loyalty programs.

Yes I know this is a news of August, but I realized only recently about that.
I think that once they solve their problem with regulation (if it will ever happen) they could switch this to a coin with cash value.

Yes, I think this can keep the good name of the exchange, due to falling prices on the tokens they develop. Indodax is one of the exchanges in Indonesia that can withdraw money to conventional banks. Maybe Bittrex is the same.

Why I must bye Bitcoin?  :)

When I first got to know Bitcoin and first traded at Bittrex, but I was different from exchanging your old thoughts like Bittex, Poloniex, Indodax etc. It does not plan to make coins but tries to become a famous exchange for good user service and real volume.

Maybe bittrex have great plan  in the future so even they don't have own coin they will survive their exchange and we know that. Bittrex is good exchange they not rush everything and they focusing to their platform so users will not disappointed. And I think it's enough that they have more plan for their exchange than to focus have own coin. It takes time for every thing so they not rush to have own coin.

Why Bitcoin now not very popular in Europ

Whenever a man's friends begin to compliment him about looking young, he may be sure that they think he is growing old