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Author Topic: Do I need to verified my bittrex account ?  (Read 13343 times)
alyssa85
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August 09, 2017, 04:48:11 PM
 #21

Yes I think you need to verify your bittrex account because as I have discovered lately bittrex lowered down it's daily withdrawal rate and I think you need to verify some things so it will be increased instead of the 0.025 minimum daily withdrawal.
Stop with the fake information.You either are blind or a blatant signature poster.If you read the above thread,you could see OP already posted that they managed to create a legacy account without having to submit any document verification,0.025 withdrawal limit is a lie,more like a joke.You don't have to fake the data if you can't find anything else to post for.

The 0.025 btc withdrawal limit is correct for new users who are not verified.

Here is what bittrex have to say:

https://support.bittrex.com/hc/en-us/articles/231701788

Quote
Withdraw Limits

    If your password has been changed, you cannot make a withdrawal for 24 hours
    If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day
    If you have an account created after October 30th, 2016, your withdrawal limits are:
        Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day
        Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day
        Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
        Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled

So if you got your account after October 2017, then you are going to be limited in how much you can withdraw.

 
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August 10, 2017, 04:09:58 AM
 #22

Quote
Withdraw Limits

    If your password has been changed, you cannot make a withdrawal for 24 hours
    If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day
    If you have an account created after October 30th, 2016, your withdrawal limits are:
        Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day
        Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day
        Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
        Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled

So if you got your account after October 2017, then you are going to be limited in how much you can withdraw.
Thanks, so everyone who created account before October 30th 2016 have a legacy account with 1337 BTC withdrawal limit without verification.

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August 10, 2017, 08:11:11 AM
 #23

Quote
Withdraw Limits

    If your password has been changed, you cannot make a withdrawal for 24 hours
    If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day
    If you have an account created after October 30th, 2016, your withdrawal limits are:
        Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day
        Unverified Accounts created on or after 08/01/17: 0 BTC (or equivalent) per day
        Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled.
        Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled

So if you got your account after October 2017, then you are going to be limited in how much you can withdraw.
Thanks, so everyone who created account before October 30th 2016 have a legacy account with 1337 BTC withdrawal limit without verification.

I am confused, are people trying to withdraw from legacy accounts saying that their accounts are being disabled until they get Basic Verification?

That seems to be the conclusion on this thread https://bitcointalk.org/index.php?topic=463202.new;topicseen#new

And once the account is verified to at least Basic then it becomes:

“Basic Accounts: 3 BTC (or equivalent) per day with two-factor enabled."

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August 10, 2017, 10:53:24 AM
 #24

Yes I think you need to verify your bittrex account because as I have discovered lately bittrex lowered down it's daily withdrawal rate and I think you need to verify some things so it will be increased instead of the 0.025 minimum daily withdrawal.
Stop with the fake information.You either are blind or a blatant signature poster.If you read the above thread,you could see OP already posted that they managed to create a legacy account without having to submit any document verification,0.025 withdrawal limit is a lie,more like a joke.You don't have to fake the data if you can't find anything else to post for.
Why people do say such thing? As i have backread they say that this thing is true but based on my own experience this is just really a lie and a fake information same as you said. Basic accounts do really have much more than amounts regarding to its limit which isnt really small at all. 0.025 is just crazy to say and why do other people do experience this one.

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August 10, 2017, 11:50:35 AM
 #25

Yes since the new update of Bittrex you would need to verify your account so you could withdraw more than 0.025BTC, I just saw my Bitrrex account and failed to verify them so my daily withdrawal will only be 0.025BTC.  Sad

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August 10, 2017, 11:59:01 AM
 #26

Yes since the new update of Bittrex you would need to verify your account so you could withdraw more than 0.025BTC, I just saw my Bitrrex account and failed to verify them so my daily withdrawal will only be 0.025BTC.  Sad
thanks  for giving this info mate as I got curios since my bittrex account is also not verified yet so I will do my best to do the process
so I can deal with it without any problem with withdrawal limit although I only got .1btc more or less when I do my trade.
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August 10, 2017, 12:19:06 PM
 #27

Yes I think you need to verify your bittrex account because as I have discovered lately bittrex lowered down it's daily withdrawal rate and I think you need to verify some things so it will be increased instead of the 0.025 minimum daily withdrawal.
Stop with the fake information.You either are blind or a blatant signature poster.If you read the above thread,you could see OP already posted that they managed to create a legacy account without having to submit any document verification,0.025 withdrawal limit is a lie,more like a joke.You don't have to fake the data if you can't find anything else to post for.

I am not a blatant signature poster and I'm not spreading fake information so don't judge me just because my Bittrex account has that withdrawal limit. I'm sorry for being ignorant but that's not an excuse for you to judge me. I've never heard of a legacy account and based on what I have read on the Bittrex site https://support.bittrex.com/hc/en-us/articles/215282838; even if this was a post last 2015 did not even say anything about a legacy account. So excuse you! You are just as ignorant as I am.
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August 11, 2017, 03:14:26 PM
 #28

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.
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August 11, 2017, 03:27:38 PM
 #29

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.

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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August 11, 2017, 03:40:31 PM
 #30

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?

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.
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August 11, 2017, 03:50:08 PM
 #31

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?

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”

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August 11, 2017, 10:34:00 PM
 #32

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...  Undecided

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August 12, 2017, 02:16:11 AM
 #33

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?


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NABiT
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August 12, 2017, 02:45:23 AM
 #34

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

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August 12, 2017, 04:16:00 AM
 #35

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.

 
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August 12, 2017, 07:45:50 AM
 #36

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?


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August 14, 2017, 09:57:25 AM
 #37

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?
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August 15, 2017, 08:06:35 PM
 #38

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.

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August 15, 2017, 09:18:23 PM
 #39

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.




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August 15, 2017, 10:47:03 PM
 #40

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?

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.
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