Bittrex coin, why not?

[gensol]

I am also curious about what reason the bittrex exchange has so they don't make their own coins. Bittrex also a few months ago deleted a lot of coins to reach 82 coins.

There's no point creating their own token. All these are proliferation of token, exchange fees are paid against the trading pair why create another coin or will fees be paid solely on the exchange coin?

[StatesManG]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

I don't think every exchange can have its own token, maybe they can't handle it, maybe not yet part of its business plan or not a priority or maybe they are having an approval issue to do that. Recently bittrex is supporting an Asian exchange bitsdaq and holds quite a large number of this exchanges token so there is a lot we don't know about them.

[Cnut237]

I'm kind of pleased they don't have one. Yes it's a big exchange and quite an old one as well in comparison. The problem is if they implement one now it just looks like they're jumping on the bandwagon and desperately trying to keep up with these new exciting exchanges. The problem if they don't do it is they might start to look out of touch. It's a difficult position that will get more difficult as time goes on.

[awakpane]

In my opinion, Bittrex coins are good as an investment to get a satisfying profit. because this Bittrex coin is already so popular now and the price has also increased slightly from the previous price.

[tisoysoy]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Maybe exchange site for bittrex is enough to cover all they needs to be stay earned and gathered enough funds for their community, deliver a good outcome to the investors and maintain their strong security of its site. Not all exchange site just depend of their coin they had created someone can sustain without implementing a crypto coin to run a exchange site or other of business.

[Johnzky]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Maybe they just mean business purely so they don’t have plans so far of creating one,what bittrex want is to focus on their exchange so by that there are no issues or to handlbut only for investors coins that entrusted to their exchange

But I don’t think that in time they will never look for bringing own currency,it’s just that so far they only focusing on single management

[Mikcik]

As far as I know because Bittrex is established in the US, there are currently many regulations for exchange and crypto in this country. Maybe that's why they don't build their own coins

[Ayobami99]

on a second thought, I beleive Bittrex still has some milestones to cover. I am sure they must have weighed the options and decided 'it is not yet time'. it will be very wise for them to look at how other exchange coins are doing and their flaws before they launch any Bittrex Coin. Bittrex is reputable I am sure they will have a definite reason for not launching a coin as yet

[zulfi125]

Bittrex exchange has not invest on its customer and also not befits from referring customers that's why goes to lower volume ,and trying to launch new exchange and ma be can launch its own coin.

[Samkol26]

Yes it will be a great idea if bittrex can have their own coin, but I don't thing they have any plans for that anyways. I've seen that bittrex have gone down the pecking order among good exchange maybe launching a new exchange and coin can make them resurge

[ethereumhunter]

We don't know if they want to create their token or not because it's their secret on how to grow their exchanges. I am sure if they think that creating the tokens like binance will give them more members and gain the profit, they will do that thing and I think people will give a positive respond. Besides that, I think bittrex will announce to the public if they want to launch the token so people can directly to buy their tokens.

[MonsterV]

Yes I also wondered about this, but it seems that Bitrex wants to focus more on their exchange business. Moreover, Bittrex is an exchange developed from the US, of course, it will have a hassle about taxes if they develop their own coins.

We don't know if they want to create their token or not because it's their secret on how to grow their exchanges. I am sure if they think that creating the tokens like binance will give them more members and gain the profit, they will do that thing and I think people will give a positive respond. Besides that, I think bittrex will announce to the public if they want to launch the token so people can directly to buy their tokens.

Bittrex can indeed launch its own coins anytime. But I think now it's a little late for them because in the US alone there are many new regulations that can burden users or developers, such as the implementation of FATF.

[buleidada]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

I'm not exactly sure why the bittrex didn't have the coin, but it's certain that with the ieo in the bittrex is so different from the other ieo that it's hard to find people who want to trade there because so much trauma

[Olatunjex]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Probably bittrex doesn't see any reason for the creation of their own native token, many exchanges who have it without significance essence for it.

[elewton]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Bittrex is under the administration of the US government and has a lot of strict policies, which makes Bittrex unable to get its own coin. I think that not having exchange coins will have a huge impact on trading volume because people are more inclined to keep their exchange coins more to reduce transaction costs or have a greater chance to join the IEO. I personally do not like Bittrex because I actually lost a large sum of money when I participated in their IEO project and lost a lot of money.

[Kemileye]

This a very good topic to raise because bittrex is a big exchange and even the smaller ones have their own coin. My opinion on this is that regulatory measures serve as obstacle for bittrex to have its own coin. The exchange operates under the US legislation and its a very strict one for that matter. So I think US regulations is hindering bittrex from having its own coin.

[krisnajsadrak]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

i think bittrex already become a major exchange in crypto world without any product such as binance with BNB and Kucoin with KCS
so, this exchange don't think to create its own coin or maybe not yet for now, because no body know in the future, if bittrex will create it, right ?

[cribusen]

Without any doubt there will be such a coin in the future, because every serious exchange has its own token. But I am not sure if Bittrex is a great exchange any longer, because even IEOs are not profitable on this exchange.

[ValerieBTC]

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Man there is over 2000 cryptocurrencies in the market and I don't see why anyone should be adding to that huge number, but whatever,,. I think maybe they don't want to follow the same route as others, they just want to do their thing I guess. It's not a must that they should have a coin of their own, not even Coinbase that has been around since 2012 has its own coin or do they?? Cause I don't know. And another thing you have to know is that Binance exchange is a huge exchange and you can't be comparing them with rest.

[Distinctin]

Without any doubt there will be such a coin in the future, because every serious exchange has its own token. But I am not sure if Bittrex is a great exchange any longer, because even IEOs are not profitable on this exchange.

They still stay and they still have a decent volume,so I won't loss that hope that they will grow overtime.
I loved Bittrex as it's my old exchange together with Poloniex, but when Binance came, things change, but no exchange will remain on the top forever and no exchange will not improve if the team will work hard to make some improvement.