ducdr
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July 28, 2019, 09:30:05 AM |
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Binance success place them in the top as this utility token really receives all the benefits after being successful in this field, there's some chances that bittrex also considering to create their own versions of coins maybe the idea is there but the executions still in the process or still on talk.
Binance born at the right period and their team, especially CZ are very excellently run their marketing, give aways, airdrops, bounties to take over Poloniex, Bittrex. Years later, Binance has built its diversify products and utilities for their customers, which will help Binance to maintain its high position among crypto exchanges.
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(o)(o)ilikeboobs(o)(o)
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July 28, 2019, 10:14:36 AM |
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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 located in the US, and their laws didn't allow an exchange to have their own coin. Feels like money washer. And for more, bittrex is not that attractive to new investors. An exchange that Delisted lots of coins (In their hightime) is absolutely not a choice for me!
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qtronix
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July 28, 2019, 10:33:33 AM |
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You're right, if they didn't release their coin, then there's a reason. There are so many different coins on the crypto market. Perhaps this exchange has other priorities and devote more work to improve their service, not fixating on creating their own coins.
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masterrex
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July 28, 2019, 01:06:59 PM |
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Maybe Bittrex is just focusing on its exchange and not interested in entering on the more complicated aspect such as mentaining with own cryptocurrency. Im sure Bittrex has a lot of reason why this US base exchange has not issue its own cryptocurrency maybe in due time Bittrex will surprise us all just keep watch!
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Boriss
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July 28, 2019, 01:24:46 PM |
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It's obvious that they have other ways of getting in fresh capital money. They don't need their own coin to the the same thing with even more involvement that requires more people from their side and additional worries, not to mention effort to be clear from breaking any law or regulation they must do regarding the strict laws that binds them in the states.
On the other side people would expect to gain something from that coin and that means less money for the exchange from the current fees they collect.
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Soberb
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July 28, 2019, 02:10:34 PM |
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I think Bittrex exchange may launch its own coin in the near future. Maybe it does not require additional funds to expand its service. Or maybe the situation is not good enough for bittrex to launch its own coin. Or maybe they are planning internally to launch its coin.
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bengsabeng
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July 28, 2019, 02:16:18 PM |
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maybe they are currently still focused on developing exchanges and not thinking about making their own coins, but in the future maybe they will make their own coins.
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Coin BTC
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Trident Protocol | Simple «buy-hold-earn» system!
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July 28, 2019, 04:33:03 PM |
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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 not based on ICO. The presence of Bittrex immediately made an exchange without conducting an ICO campaign. I think it's the same as INDODAX, Asia's biggest market. INDODAX also does not have its own coins. But it only supports new coins, like Tokenomy. It is possible that a market like this builds its company by using its own capital, not from investors, so they don't need to promote their exchange with the guarantee of the coins they create.
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cudora
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Cryptoknowmics - World's First Decentralized Media
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July 30, 2019, 12:29:08 PM |
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Bittrex is not a leading exchange and they have proven it by their IEOs. As far as I know, no IEO on Bittrex was sold out and none brought any kind of profit. Exchange coins are trend at the moment, but it won't help Bittrex to develop further.
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asbak66
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July 30, 2019, 01:02:18 PM |
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For me, this isn't good idea. So many people lost trust with them since their failed IEO. And I don't think people still wanna invest on them again. They must doing something to recover their reputation again and become big again like old day when they're number one on the world.
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bittick
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July 30, 2019, 01:24:06 PM |
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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 not based on ICO. The presence of Bittrex immediately made an exchange without conducting an ICO campaign. I think it's the same as INDODAX, Asia's biggest market. INDODAX also does not have its own coins. But it only supports new coins, like Tokenomy. It is possible that a market like this builds its company by using its own capital, not from investors, so they don't need to promote their exchange with the guarantee of the coins they create. It cause by the regulations that already made by both countries US and Indonesia, bittrex is following US regulation and that will never conduct an ico or create its own token. US regulators are always watching bittrex and remember about the case that happened with KIK and that already accused to run illegal ICO by US regulators. It's too risky to run own coin or ico in US territory.
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dedocry
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July 30, 2019, 02:40:34 PM |
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Recently, I have heard a lot of negativity about this exchange, block of accounts, etc., so I don't consider them to be reliable
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numanoid
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July 30, 2019, 03:30:29 PM |
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The most of top Exchanges has created their Exchange tokens, so it is strange why Bittrex has not done the same yet. I think they might launch their own cryptocurrency in the future.
Why does bittrex need to copy other site to create or make their own coin?
Recently, I have heard a lot of negativity about this exchange, block of accounts, etc., so I don't consider them to be reliable
Well, all they did only because they want people to do KYC and they will unblock their account.
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btcholder
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July 31, 2019, 12:41:02 PM |
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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.
Yeah, before binance bittrex was one of the topest market place. It'll not be surprise if bittrex think like that because now days exchange coin is common thing in market place. Many new exchange creating there own coin. Binance and Kucoin already success of there own coin. So may be bittrex also will thing about it.
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Moeda
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Enterapp Pre-Sale Live
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August 28, 2019, 04:03:07 PM |
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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.
We must look again at the history of the birth of the exchange. There are mostly exchanges born from ICO, IEO. This kind of exchange born of course they have their own tokens. Because they promote exchange and collect money from investors.
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shadowdio
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Zawardo
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August 28, 2019, 04:52:45 PM |
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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 guess they don't interested it to make their own coin because I think they focus their exchange like upgrading, fixing bugs, solving problems from the users just like that.
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anjho.ace
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August 28, 2019, 04:55:22 PM |
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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 am pretty sure that they will have that coin soon. I think they are just preparing from it, remember what they faced before> they have no time for that and i htink they are working on it now!
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AUruHM
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August 28, 2019, 06:10:00 PM |
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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 am pretty sure that they will have that coin soon. I think they are just preparing from it, remember what they faced before> they have no time for that and i htink they are working on it now! It's so late imho. All actions must make at the right time. Also, Bittrex has US jurisdiction. It gives some difficulties for such a token and his application. An addict, watch on the IEO on the Bittrex platform. Binance and others make it every 2-3 weeks. And they give a profit. But Bittrex IEOs are so strange that give loses the only. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Who wants a coin with -5 to luck?
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SistaFista
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Hexhash.xyz
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August 29, 2019, 02:22:49 AM |
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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.
Firstly they need to define what will be the purpose of their token. I think they have enough funds already to operating the exchange, so they don't need to selling their token anymore. It would be different if they are a new exchange that want to operating the exchange from the beginning.
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Distinctin
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August 29, 2019, 04:49:23 AM |
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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.
Firstly they need to define what will be the purpose of their token. I think they have enough funds already to operating the exchange, so they don't need to selling their token anymore. It would be different if they are a new exchange that want to operating the exchange from the beginning. That's the reason, Bittrex is an old exchange that are still reliable until now, and they are already profitable so there is no need for them to share their profit by creating a token. Unlike Binance which started in ICO and they got their funds to operate from the amount they raise, so they are oblige to continue with the system and as the exchange grows, the holders will also enjoy with the value increment, this is an effective way to market as those holders of the tokens will surely support the exchange than other exchange so they will also benefit when it grows.
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