Bitcoin Forum
September 24, 2021, 03:38:07 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 [3] 4 5 6 »  All
  Print  
Author Topic: Exchange Bittrex began to block accounts!!!  (Read 3081 times)
SyGambler
Legendary
*
Offline Offline

Activity: 2338
Merit: 1794


Let The Chips Fall Where They May


View Profile
October 17, 2017, 12:36:47 PM
 #41

in my dictionary blocking means that you won't able to use the site again like what poloniex did to Syria 5 months ago
Bittrex is only disabling accounts and asking for verification and sadly they aren't saying why , we don't know if it's gonna make the business legit or they are just trying to delay some withdrawals and let some funds stuck at their site

personally I had no balance at bittrex at yet they disabled my account , so the situation is kinda not clear
1632454687
Hero Member
*
Offline Offline

Posts: 1632454687

View Profile Personal Message (Offline)

Ignore
1632454687
Reply with quote  #2

1632454687
Report to moderator
1632454687
Hero Member
*
Offline Offline

Posts: 1632454687

View Profile Personal Message (Offline)

Ignore
1632454687
Reply with quote  #2

1632454687
Report to moderator
1632454687
Hero Member
*
Offline Offline

Posts: 1632454687

View Profile Personal Message (Offline)

Ignore
1632454687
Reply with quote  #2

1632454687
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1632454687
Hero Member
*
Offline Offline

Posts: 1632454687

View Profile Personal Message (Offline)

Ignore
1632454687
Reply with quote  #2

1632454687
Report to moderator
1632454687
Hero Member
*
Offline Offline

Posts: 1632454687

View Profile Personal Message (Offline)

Ignore
1632454687
Reply with quote  #2

1632454687
Report to moderator
Merovius
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile WWW
October 17, 2017, 12:37:01 PM
 #42

This is obviously bad news about Bittrex. I actually have an account there but have not moved any money into it or done any trading with it, which is a good thing because now that this has happened I can add this exchange to my "avoid" list and will not need to worry about being locked out or losing any money.

Meanwhile someone who has more experience with these exchangers than I do needs to compile a list of exchangers that are not into KYC/AML verification stuff (or blocking/limiting accounts). Or alternatively if no such exchangers exist, then list the maximum amounts that they allow to be traded/withdrawn without verification. A list of their available methods and payment processors for cash withdrawals would also be helpful.
expert-lister
Sr. Member
****
Offline Offline

Activity: 302
Merit: 250


Imagine a world without hate and oppression


View Profile
October 17, 2017, 12:44:46 PM
 #43

My bittrex account disabled over 3 days and no news!  Huh
Balance: more than 0.7 BTC

Liberty...
Emelectrol
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
October 17, 2017, 01:05:49 PM
 #44

My bittrex account disabled over 3 days and no news!  Huh
Balance: more than 0.7 BTC

What country your from?
viramarket
Full Member
***
Offline Offline

Activity: 256
Merit: 100


View Profile WWW
October 17, 2017, 01:10:03 PM
 #45

Here is the news in the morning!!Complete nonsense. :oThe future for decentralized exchanges.And while as an option to remove gradually the amount is less than Wink
kevoh
Full Member
***
Offline Offline

Activity: 448
Merit: 110


View Profile
October 17, 2017, 01:15:28 PM
 #46

I think accounts from specific countries, greater than a thousand dollars are being disabled for verification purpose. I don't think it should be stressful to provide the documents necessary for verification which include:
1. A picture of you, your international passport and a paper with Bitrex written bodly on it and the date you take the picture.
2. A photo of you.

Provide all these and your account will get verified in less than an hour.
bitbitch
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
October 17, 2017, 01:31:45 PM
 #47

who owns Coin Telegraph?
mocacinno
Legendary
*
Offline Offline

Activity: 2450
Merit: 3413


https://merel.mobi => buy facemasks with BTC/LTC


View Profile WWW
October 17, 2017, 01:37:32 PM
 #48

I think accounts from specific countries, greater than a thousand dollars are being disabled for verification purpose. I don't think it should be stressful to provide the documents necessary for verification which include:
1. A picture of you, your international passport and a paper with Bitrex written bodly on it and the date you take the picture.
2. A photo of you.

Provide all these and your account will get verified in less than an hour.

I'm from a EU country and helt far less than $1000 at the time i got the notice i needed enhanced verification.
I was lucky since converting everything to LTC and then withdrawing straight away still seemed to work at that time.

The fact  enhanced verification is easy means nothing to me. Out of principle, i will always try to avoid sending anybody identifying information that can be stolen and abused later on. I'm not a criminal, i just don't trust an US private company with a picture of me holding an id card or utility bill.
As long as bittrex is asking for information that can be leaked/hacked/abused/... i will no longer use their services.

HYPEREGO
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
October 17, 2017, 02:14:28 PM
 #49

And why not send a fake passport?
How can they identify a person who is far away?
You will surprisily found that they are able to verify your identity and don't forget that give and produce fake identification document is illegal in every part of the world!!
I'm from a EU country and I'm not able to complete the basic verification (in my opinion it work only if you have passport valid for US), and I've to do the Enhanced verification... after that I will withdraw anything and leave Bittrex, what else can we do? Stay stucked in this Exchange?
btcdepo
Full Member
***
Offline Offline

Activity: 322
Merit: 100



View Profile
October 17, 2017, 03:20:26 PM
 #50

this is very weird to block accounts with no specified reason. if those person try to cheat the system then of course you can block them but otherwise you cannot do it.

The FASTEST and MOST SECURE  Token Exchange.
▬▬  ETHERSHIFT  ▬▬  No More Waiting! Main Sale Starts Nov 05, 2018.  ▬▬  ETHERSHIFT  ▬▬
WHITEPAPER | ANN | TELEGRAM | TWITTER | REDDIT | DISCORD
kamudd
Full Member
***
Offline Offline

Activity: 469
Merit: 100


Bcnex - The Ultimate Blockchain Trading Platform


View Profile
October 17, 2017, 03:36:43 PM
 #51

Withdrawals are restricted I think it has also been applied and for news about their user accounts locked by bittrex party may be because there are other things like security, I think maybe they make some new rules that need to be obeyed by users, currently my account is still safe to withdraw

I agree with you, hopefully what they do can give good things to all of us and make bittrex users more secure from the perpetrators

sammrheza
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
October 17, 2017, 03:40:10 PM
 #52

well my account is not disabled for now , should I withdraw all my money from bittrex ? , this is bad news for big exchange like bitrex..
HasHe
Hero Member
*****
Offline Offline

Activity: 952
Merit: 500


View Profile
October 17, 2017, 03:43:45 PM
 #53

Its really unusual to see that a big exchange banning thousands of accounts at the same time and even not answering to support tickets.It seems very suspicious.People are already aware due to Mt.gox incident.

People who have mostly complained about their accounts banned have said that their accounts are already verified and so,it could not be considered as a KYC procedure.

It seems that most affected countries due to this bittrex act were Syria, India, Iran,Turkey,Russia and pakistan.In iran alone,it seems that more than 3000 accounts have been banned without any reason.

The banning of users from bittrex's support slack seems to be the most alarming aspect.

djukica666
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
October 17, 2017, 03:46:21 PM
 #54

I'm doing it right now. at least I'm trying to do it. but to install/setup all these separate wallets is a pain.
Don Pedro Dinero
Sr. Member
****
Offline Offline

Activity: 532
Merit: 298


View Profile
October 17, 2017, 03:46:35 PM
 #55

well my account is not disabled for now , should I withdraw all my money from bittrex ? , this is bad news for big exchange like bitrex..

I am not going to tell you what to do but I am sure that's what most people are doing if they have the option.

That is why it is better to have your own hard wallet or paper wallet. Although you are going to end up using exchanges to trade or to send funds to your local bank it is very risky to have your funds in one exchange. It is better at least to divide them in different exchanges.

Let’s hope that situation gets better and you can regain full access to your funds.
bitbitch
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
October 17, 2017, 04:19:40 PM
 #56

this is very weird to block accounts with no specified reason. if those person try to cheat the system then of course you can block them but otherwise you cannot do it.

there may be a specific reason. Bittrex may not be able to say what that reason is for legal reasons.

i wonder if US crypto exchanges are operating under FISA orders?
djukica666
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
October 17, 2017, 04:24:40 PM
 #57


Quote

there may be a specific reason. Bittrex may not be able to say what that reason is for legal reasons.


we think the same  Wink
Yeshualive
Full Member
***
Offline Offline

Activity: 163
Merit: 100


View Profile
October 17, 2017, 04:31:08 PM
 #58

I'm not surprised at all that Bittrex made this move,and it is possible that some other exchanges make the same in the near future.I think the reason for this is quite simple,they want to identify users due to possible tax collection,money laundering or some other illegal activity.It seems that the trading on exchanges will no longer be possible completely anonymous,or it will be allowed for very small amounts.

I agree with you.
The govern want know who is trading and how much, and this is the oposite that the essence of criptos, the anonymity.
In a near future, who wants to make business without identify yourself, will come to do in no regulation countrys, and will not have security about your money.
We need find a good exchange in deep web, I do not trust and do not want give all my infos to anyone of govern.
redwine49
Full Member
***
Offline Offline

Activity: 658
Merit: 104



View Profile
October 17, 2017, 04:32:34 PM
 #59

we had one exchange out of all these different ones with decent volume and good services that we could trust. now that is turning to a heavily regulated exchange which will soon report all your volume to the tax man and they have your identity to do it too.
we should all expect tax evasion charges very soon.

the question is which exchange do you think will take bittrex's place now!

i think all US exchange will do that, poloniex bittrex Hitbtc. its only about time till all monitored by the government


I agree with you.
The govern want know who is trading and how much, and this is the oposite that the essence of criptos, the anonymity.
In a near future, who wants to make business without identify yourself, will come to do in no regulation countrys, and will not have security about your money.
We need find a good exchange in deep web, I do not trust and do not want give all my infos to anyone of govern.

who can beat major exchange like bittrex poloniex hitbtc if they ask your identity. what do you suggest to replace them?

▬▬▬▬▬▬▌   Vulcan Forged    ▐▬▬▬▬▬▬
▬▬▬▬▬▬▌    Telegram   ▌    Discord      ▌     Twitter      ▐▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬▬▬  DISCOVER   ▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Steamtyme
Legendary
*
Offline Offline

Activity: 1456
Merit: 1995


Betnomi.com Sportsbook, Casino and Poker


View Profile WWW
October 17, 2017, 04:40:05 PM
 #60

I have not been in the game long, but I use QuadrigaCX. They are a Canadian company.

If I am not mistaken you only need to be verified if you plan to Fund your account with Fiat currency (USD/CAD)

Feel free to PM me if you want any more info, I can tell you what I know.

Pages: « 1 2 [3] 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!