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Author Topic: Bittrex not accepting customers, Binance goes down for upgrade  (Read 84 times)
STATIK
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February 10, 2018, 01:35:10 AM
Merited by eddie13 (1)
 #1

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh
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February 10, 2018, 03:16:11 AM
 #2

Common issues on whatever website that received a huge surge of traffic and account registrations. Binance CEO Changpeng Zhao said their goal for 2018 was to be the #1 exchange. Well, they pretty much achieved it on 2017. Just to give you an idea on how huge the flood of traffic and registrations is.

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February 10, 2018, 03:41:31 AM
 #3

This is normal. you cannot serve all with both quantity and quality. it is much better to improve the quality first (crypto exchange performace) before going to quantity (new user account registrations) for have a smooth and happy service to all.

dont worry many decentralized exchange will open for this year to cater the demand.

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February 10, 2018, 10:36:17 PM
 #4

Binance is already back up, so that's not really an issue. Bittrex is, like most companies, trying to catch up with the immense amount of people who are trying to get into trading right now. They have to adhere to a good amount of policy from government and such so they're doing the right thing with not accepting more customers in a time where they have to catch up.

Forget the FUD about Binance and these things. Just stay safe on exchanges.




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February 11, 2018, 06:49:05 AM
 #5

It's a proper thing they need to do a system update of the current surge has made many exchanges to act quickly in order to maximize their services. Some exchanges ever suspend for new applicants. It will recover friends.

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February 11, 2018, 07:20:30 AM
 #6

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh

it looks like bittrex is closing up new subscribers or registrants because they probably want to upgrade the database first but it will definitely open registration again is very unfortunate if you do not play in bittrex because there security and daily trading volume is very high.
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February 11, 2018, 10:45:05 PM
 #7

Huge amounts of trading volume is lost but unfortunately it's not as simple as just throwing money at it. These exchanges certainly have the finances to fix their issues with scalability but it takes time to hire new people and then to allow them to do their work.

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February 11, 2018, 10:53:36 PM
 #8

the predictions of market have made almost everyone doubt on their projections because it has risen so much by making everyone surprised, so it is normal to face this kind of issues I think.
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February 11, 2018, 11:48:49 PM
 #9

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh
Yes bittrex close to new registration and Binance goes down for upgrade.Now days people are worried for hack so largest exchanger try to solve this problem.So bittrex try to solluation this problem and close to new registration and binance also try to improve their service so donot worry about this,
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February 11, 2018, 11:50:54 PM
 #10

Its just for temporary, i think bittrex still open for new accounts, but you need to open a ticket at support page. Its a request ticket for new accounts, and you need a right reason. I think it would be easily accepted if you are a company that could bring big volume of trading
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February 12, 2018, 01:42:40 AM
 #11

This mean demand of cryptocurrency is increasing alot and the future of crypyocurrency is good, but now also many new exchange that has good service so every new comer in crypto space has chance to trade there.

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February 12, 2018, 02:01:25 AM
 #12

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh


The question is how much you can accept your lost?. People has different answer depend their knowledge, experience and strategy, you'll never get the same answer. About exchange, they have their own policy to keep running their platform. If you can't accept it please use another, search on google or coinmarketcap ( market section ) and try again. Good luck with you.
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February 12, 2018, 03:05:08 AM
 #13

Yes Because they prevent Network Congestion and alot of users wants to trade on that exchange speaking about Binance it's normal for a big exchanges that they need for upgrade so that they prevent malware hackers.

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February 12, 2018, 03:15:40 AM
 #14

Huge amounts of trading volume is lost but unfortunately it's not as simple as just throwing money at it. These exchanges certainly have the finances to fix their issues with scalability but it takes time to hire new people and then to allow them to do their work.

Yes, some time it will take time to get features added into the exchanges because if they stop trading for one day then people start asking whether the exchange is hacked, this may create lot of panic about the exchange.


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February 12, 2018, 03:20:17 AM
 #15

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh

We actually need this in the long run for us to be more secure and we need better exchanges with great services so I think its good for them to improve their system. Also a lot of people are wants to trade with cryptocurrency so in order for them to handle the huge volume of their customers they are trying to limit the registration for the new accounts so they can still offer great services.

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February 12, 2018, 03:22:35 AM
 #16

How much potential trading is lost on a daily basis and what do you see happening in the near future? Surprised some of the largest exchanges are having such dull foresight and projections on handling growth. Huh

this is likely bittrex want to add a database for trader players because if bittrex does not open new member registration then they will not be a very rich market and have a very high trading volume.
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February 12, 2018, 06:01:58 AM
 #17

Now too many people know about the crypto currency.
And to have at least a few coins want everything.
Exchange can not cope with such volumes.
I remember three months waiting for Bittrix to confirm my data.

It may be advantageous for exchanges to have customers who trade constantly, and not to buy 1-3 coins that will simply lie for years.

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