buwaytress
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January 04, 2018, 01:06:56 PM |
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I'm "ashamed" to say that I'm a user on most of these major centralised exchanges. I use them for a variety of reasons, chiefly being access to alts that only certain exchanges have, for a period I also used them to "diversify" my investments through margin loaning. I managed to make quite good income, very low 3% or so monthly interest, but while they worked, I felt I was risking too much capital and have stopped storing so much there just for loaning out.
I can't say Bittrex is bad, without acknowledging that they have really the same problems Poloniex and others do. Slow support, neverending wallet maintenance issues for a lot of alts (I see at least one of my coins every day disabled for wallet maintenance, although this doesn't last long, it doesn't give me much confidence). They also recently implemented restrictions (limits rather) on orders. So no small orders, no ridiculous asking prices in the hopes you gain from flash crashes, etc.
Whatever it is, when you sign up for one of these, get yourself verified to the highest possible level. Set your account to the highest security settings. Then deposit. I find that I get decent support, in reasonable times... unlike the stories of many others. I feel this could be because they prioritise enhanced verified accounts?
BTW, you can't open a new account with Bittrex at the moment. They've stopped accepting new accounts temporarily til they increase their hardware and support capacities.
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