Beware of Bittrex blocking withdrawals for "security" reasons

[vlom]

they should have informed me about the change. now i have an account with coins and can't withdraw anything.

Unverified accounts cannot withdraw from Bittrex. Please see this link for more information.

thats what they tell me after the login. but after i followed the link they write:

Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day

mhh, what now.

and what about this:

[1715383155]

1715383155

[1715383155]

1715383155

[h311m4n]

interesting.
thanks for the information.
i'm not that happy that they did this!
what about just withdrawing $150 usd per day. annoying yes but at least you get something out.
also what about doing the basic verification?
use something like hushed on your phone.
that would help a bit.

The whole thing is completely ridiculous. Even if I put in my true name and address, I have no idea if they would find me in their "public records".

Yes, it is ridiculous - and you're right that they won't find you even when provided with true information - tested  

Is there anyone who passed the search in "public records"?

Lol, why am I not surprised

@vlom: weird indeed, it seems like what they say you can do and what you can actually do are not the same. This feels like a rushed thing on their part.

Was expecting more people to fud and bash my initial post lol. Glad (sort of...) to see other people are having the same issues. This is clearly a play to get people to reveal their identities. Lucky I can still withdraw the small 0.025 amount on a daily basis. Will remove everything I have in the next few days.

Screw you shitrex   !

[Robin73]

no answer to my request after more than 48 hours. we clearly need decentralized exchange and fxxck them all, poloniex and bit..shitty..rex

[JohnnyCash$]

Sounds like most of you fuckers are really shady.  Whats the big deal in verification?  Why not provide them your address and name?  You and they are dealing with MONEY which is really sensitive stuff.

It takes less than an hour to verify.  I have no fucking sympathy for you people who insist on being anonymous for trading money for fucks sake like your some kind of druglord somewhere.

[vlom]

interesting.
thanks for the information.
i'm not that happy that they did this!
what about just withdrawing $150 usd per day. annoying yes but at least you get something out.
also what about doing the basic verification?
use something like hushed on your phone.
that would help a bit.

The whole thing is completely ridiculous. Even if I put in my true name and address, I have no idea if they would find me in their "public records".

Yes, it is ridiculous - and you're right that they won't find you even when provided with true information - tested  

Is there anyone who passed the search in "public records"?

Lol, why am I not surprised

@vlom: weird indeed, it seems like what they say you can do and what you can actually do are not the same. This feels like a rushed thing on their part.

Was expecting more people to fud and bash my initial post lol. Glad (sort of...) to see other people are having the same issues. This is clearly a play to get people to reveal their identities. Lucky I can still withdraw the small 0.025 amount on a daily basis. Will remove everything I have in the next few days.

Screw you shitrex   !

i am happy that i only have BAY in bittrex worth about 0.15 BTC a current markeprice. it is really time that something like NVO (https://nvo.io) lifts off.

[xFGND]

So what's the new shitoken exchange place?

[Marvell1]

Nobody could expect this move from Bittrex without any warning! That is why we should use different exchanges and assets to diversify our risks.

P.S.
I hate Polo 

[yura888]

Nobody could expect this move from Bittrex without any warning! That is why we should use different exchanges and assets to diversify our risks.

P.S.
I hate Polo 

Agree, but one question is interesting. What is the dislike for poloniex? Because I personally never had problems with her

[vfrcbv911]

It is very sad that this is happening. I thought bittrex is one of the best exchanges in terms of regulation. They have never had a problem, but probably the regulation will get all.

[John Langut]

Totally unacceptable. This is pure robbery, putting a limit to withdrawals. This was not what bitcoin stands for. We should get rid of bittrex. It's not safe to have your id on internet and I'm not sure what they need all personal information for.

[TimeHacker]

Well, it's really unprofessional from their side, they really should have inform everybody about this BEFORE limiting all accounts.
However, my bet is that they didn't do it because they wanted to, but because they were forced to do it by some government bullshit. I thus wouldn't be so pissed off at them, maybe it's not their choice.

[festinalente]

Well, it's really unprofessional from their side, they really should have inform everybody about this BEFORE limiting all accounts.
However, my bet is that they didn't do it because they wanted to, but because they were forced to do it by some government bullshit. I thus wouldn't be so pissed off at them, maybe it's not their choice.

I believe that we all need to think about the expediency of our funds on this exchange. Because as time goes on and the lock isn't removed.

[marks1976]

Bittrex already turned into another shady exchange as like what already did by polo for us. They disabled my account and i can't do anything rather make a complain in their slack and this already 2 days after they have blocked my account.

[Im a pickle Morty]

I was just able to withdraw .025 btc from bittrex.

But what the fuck!!

Make it atleast .1 for fucks sake.

[petroaj]

interesting.
thanks for the information.
i'm not that happy that they did this!
what about just withdrawing $150 usd per day. annoying yes but at least you get something out.
also what about doing the basic verification?
use something like hushed on your phone.
that would help a bit.

The whole thing is completely ridiculous. Even if I put in my true name and address, I have no idea if they would find me in their "public records".

Yes, it is ridiculous - and you're right that they won't find you even when provided with true information - tested 

Is there anyone who passed the search in "public records"?

Nope. Tried tonight for the "enhanced" version. Failed. No option to retry. Fuckers.

[cryptoknightt]

Initially, I was worried because many accounts which suddenly snaps or other problems. but so far my account is secure there is no problem with bittrex, my account was already in verification and use 2FA, the last few hours I do withdraw approximately 0.5 and it success.
 

[Argoo]

Yes, bittrex leads an unfair game. I think many of its users will be forced to abandon the services of this exchange. The proposed new rules and the size of daily cash limits for withdrawal from the stock exchange will not satisfy many. We need exchanges where it would be possible to freely and anonymously trade crypto currency.

[bbc.reporter]

So a friend of mine was trying to withdraw a certain amount of coins from Bittrex (around 1 BTC) and was faced with the need to now become verified on Bittrex to withdraw anything above 0.025BTC (accounts created prior to the 1st of August have a limit of 0.025BTC, newer accounts have 0 (lol)).

I don't know how many of you use Bittrex, if this is old news and just a copycat of another topic, but I felt like it needed to be put out there.

This is what they state:

"Due to the large number of leaked username and password databases, we are making changes to withdrawals to limit the damage of unauthorized access to your account.  This is not a substitute to having strong and unique passwords, protecting your email account, and having 2 factor authentication on your Bittrex account.  Bittrex strongly encourages you to have 2 factor authentication.  "

Ok, I'm all for security, but if people dealing cryptos are stupid enough to put qwertz1234 as their password and not enable 2FA, it's their own fault for being stupid.

Then comes the fun part (all from their support section):
-----------
"Withdraw Limits

1. If your password has been changed, you cannot make a withdrawal for 24 hours
2. If your account does not have 2FA, you are limited to withdrawing up to 1 BTC (or equivalent) per day ==> wtf, I had 2FA enabled forever yet my limit is 0.025? So with less security you have a bigger limit. Wow. Much sence. Very secure.

3. Please check below to see what limit your account falls under.
Unverified Accounts created before 08/01/17: 0.025 BTC (or equivalent) per day ==> Hey, I mister miseeks, look at meee
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. ==> I'm fine with that
Enhanced Accounts: 100 (or equivalent) BTC per day with two-factor enabled"

-----------

So I go ahead and enter some bogus name and address in their basic validation form. Hey, you can't blame a guy for trying: no official document is required for a basic account and nothing on their page states you have to input correct information (or I missed it). I click on the apply button and it says "verifying public records" or some other shit. Obviously, their results turn up empty. But oh wow, I can't even re-apply for a basic account with "correct" information. The only thing you can do from there is get an enhanced account where you need to take a selfie of yourself etc. Which is exactly what I, and any person involved into cryptos, don't want. I don't know the people at Bittrex.

Trying not to cringe...

Now, ok, I probably fucked myself I guess. But still, this poses a number of questions:

1. For one, I have never received notification from Bittrex that at some point in time, I would have to upgrade my account or be limited to 0.025 BTC a day
2. What public records are they looking up to check your info? What if I'm not in the public records they query? Imagine you have 2-3 BTCs on there that you can no longer withdraw
3. What happens if you unintentionally misspell your name or address?
4. Even if I get verified, take a nice smiling picture of myself and send over all my info, what guarantee do I have they won't use my information for other purposes? I tell you: not a single one! I don't know the people at Bittrex, and if a company I deal with starts to just change their T&C like that, stopping me from having access to my funds, you sure as fuck can't trust them.

I already knew you couldn't trust exchanges, but I thought this should be pointed out (again). Everyone should leave Bittrex (or any exchange for that matter) and stash their coins in their own wallets at home.

I know some or a lot of you will go ahead and say "big deal, just get verified and be done with it". Fuck no! This is not what the cryptos where made for. And at the very least, Bittrex should have communicated, which they haven't, and they should have made their due diligence and let people withdraw their fund before implementing all this BS. I'm sorry but this looks like a hostage situation or a play to identify everyone. Call me paranoid if you want, but their leverage is very simple and efficient: either you give them all your info or say bye bye to your coins and deal with the pain of withdrawing small amounts every day, for which you will of course pay the fees every time :-).

Lucky me, I only have like 0.06 BTC on Bittrex. I have opened a support ticket on their support page, no reply in 24 hours...

First, I am quoting your post as proof and to put a timestamp on it.

Second, I would like to know why there is a repeating pattern in all or most of the recent complaints on Bittex. I have noticed that the problem is always with the poster and his friend, or with just his friend. It would help if you tell us what country you are from, when you and your friends made your accounts and what coins are used in the exchange.

I speculate that there is a money laundering ring that has started using Bittrex.

[trademark]

Bittrex actually gives us no choice but to get our accounts verified unless you want to donate them your tokens.  My only complaint is the basic verification process should be better, mine was rejected for an unknown reason and now I need to submit my identification for the enhanced verification. 

[muncuss]

Seems lot of user accounts from middle east are closed, even if it is verified account(cointelegraph). At least they must be informed by bittrex about what's going on. I had plan to going there (coz who don't know about mighty bittrex) but because this thing maybe i'll just trade on local exchange. Hope best for them

It takes less than an hour to verify.  I have no fucking sympathy for you people who insist on being anonymous for trading money for fucks sake like your some kind of druglord somewhere.

hey they know exactly what cryptocurrency is