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gandame
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October 21, 2019, 10:51:31 AM |
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There a lot of country should withdraw there funds before the end of closing hope all that country that have fund in bittrex read the news so that they will withdraw all there funds.
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Strongkored
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October 21, 2019, 12:25:32 PM |
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This will be done when exchange does not have regulatory certainty, exchange must comply with the country where they operate so this must be taken.
Mostly altcoin listed on Bittrex also listed on others big exchange, so traders from all 31 countries should not hard to move their trades.
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Bttzed03
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October 21, 2019, 12:28:43 PM |
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It's probably fine to post topics like this here although I would prefer it in the Exchange board. Next time you post, please check if there is already an existing topic. Few topics below and you can see this posted yesterday Bittrex International shutting down services from 31 countries. Use the search bar. I suggest you lock this topic. You can see the option to lock at the bottom left. .
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glendall
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October 21, 2019, 02:03:49 PM |
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I had guessed that soon Bittrex would get a lot of trouble in the future, Bittrex was famous for junk coins that suddenly pumped after it left again. The last time I played I was holding ZCL, but after delisting ZCL I left Bittrex, and now many countries cannot access Bittrex because of regulatory uncertainty.
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leea-1334
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October 21, 2019, 03:49:29 PM |
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Damn, I did not see this coming. My country, thankfully, is not there, not that I care too much to be honest,,, as I only have small balances there (but several altcoin bags). In honesty, I would not feel bothered at all if they just cut me off but I still hold out for some hope that one day the alt lambo moon comes and I will have plenty of big bags to dump on Bittrex haha.
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dioanna
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October 21, 2019, 04:21:02 PM |
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I am not trading here anymore but I felt sad over this, Bittrex was part of my newbie stage in crypto aside from CCEX that already close down as well. I guess it cannot be helped there are so many exchangers rising compare before.
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leea-1334
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October 21, 2019, 05:23:44 PM |
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I am not trading here anymore but I felt sad over this, Bittrex was part of my newbie stage in crypto aside from CCEX that already close down as well. I guess it cannot be helped there are so many exchangers rising compare before.
No worries, no need to be sentimental in crypto,,, I have had a few exchanges close down but I also found new ones that are better suited to me. I just felt they probably did a mistake promoting their IEOS,,, and now face pressure to close down their service to certain countries. We live and we learn, and crypto never dies
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kolonel_x
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October 21, 2019, 05:47:58 PM |
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I am not trading here anymore but I felt sad over this, Bittrex was part of my newbie stage in crypto aside from CCEX that already close down as well. I guess it cannot be helped there are so many exchangers rising compare before.
No worries, no need to be sentimental in crypto,,, I have had a few exchanges close down but I also found new ones that are better suited to me. I just felt they probably did a mistake promoting their IEOS,,, and now face pressure to close down their service to certain countries. We live and we learn, and crypto never dies Yes, Bittrex only closes the services of a few countries, it will not be possible to close Bittrex for long, with this ban, Bittrex is able to overcome all of them, and after the regulation is obeyed and I am sure IEO will definitely be in Bittrex Global.
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INVALID BBCODE: close of unopened tag in table (1)
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Distinctin
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October 21, 2019, 10:27:21 PM |
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I believe there is another reason why they announced such inactivity in someplace, not only because of regulatory uncertainty but maybe because they launch for other exchange partner. Read: https://medium.com/bittrex/bittrex-international-update-bittrex-global-launch-2f64fca503fdThis changes could create a new image in Bittrex, not just people could put some doubts but helps to develop a good market exchange platform.
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Immakillya
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October 21, 2019, 10:43:08 PM |
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I'm Bittrex used before and never want to trade to that Exchange again. I don't know if it's going to be beneficial for them to halt their service for over 30 countries. Anyway I think they are going to rebrand the company. Bittrex global, I have read it before. I think this is the adjustment they are going to do. Still a bad move tho.
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NeuroticFish
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October 22, 2019, 05:51:41 AM |
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Anyway I think they are going to rebrand the company. Bittrex global, I have read it before. I think this is the adjustment they are going to do. Still a bad move tho.
It's not (only) rebranding. They move their operations from Malta to Lichtenstein; that's why the list of allowed countries has became much shorter. I've also got an e-mail from them telling what's going to happen: same accounts, but new server, new location, new ToS.
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arwin100
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October 22, 2019, 06:01:05 AM |
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Anyway I think they are going to rebrand the company. Bittrex global, I have read it before. I think this is the adjustment they are going to do. Still a bad move tho.
It's not (only) rebranding. They move their operations from Malta to Lichtenstein; that's why the list of allowed countries has became much shorter. I've also got an e-mail from them telling what's going to happen: same accounts, but new server, new location, new ToS. Been long time not using bittrex and I think I will not use them more since I find them hard to use(They made my account limits lesser) and for this next event then provably I will find another big exchange to trade on. And also seems bittrex didn't get much volume and hopefully they will not sink in this market situation since there are other who fall down already.
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Murat
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October 22, 2019, 07:30:12 AM |
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That's not good news for this platform, Bittrex is a big giant on this trading platform but due to regulatory process they are not going to continue their transaction among these countries, they mentioned only the regulatory uncertainty, I think most of the countries are from Africa, it will bring a heavy amount of loss of this area because Bittrex is a good platform for trading, but it's not only a trading stage but also there are few good exchanges here. so those 31 countries resident have to find another trading platform such a Binance, Bitbuy, Coinbase and so on. so it doesn't matter for me this type of news. everything will go on.
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cryptoblazter
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October 22, 2019, 11:48:30 AM |
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This is so sad, bittrex was one of the exchange I had been used for a years, and now more countries will be shutdown. and now poor are the bittrex users were their country was one of the listed in terms of closing down. This is not good for the platform I hope it will not be close in the end.
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sujonali1819
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October 22, 2019, 05:37:13 PM |
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This is really sad, especially for traders who are in these countries. But I'm personally glad because my country is not on that list. However, after issuing this notice, I think Bittrex will lose a lot of users. Now people should withdraw there fund from this exchange after the deadline.
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hahay
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October 22, 2019, 06:14:20 PM |
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Good info. My country isn't on the list so I'm very lucky, and besides I don't have a lot of coins stored there because in the past I lost a lot of old coins there, like RDD, MONA and many more, I lost access to the old Bittrex account because of a mistake about security and that's why I no longer keep a lot of coins on the exchange. There are still many exchange platforms available and I don't think that is a problem for the countries listed.
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webtricks
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October 22, 2019, 06:17:42 PM |
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Regulations are making the future of centralized exchanges bleak everyday. Soon only P2P will remain as viable option for 90% of the countries. However, P2Ps also started taking KYCs to safeguard the users against scams. Anonymity in trading cryptocurrencies is ending. Not good for the adoption of cryptos.
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Natalim
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October 22, 2019, 11:34:23 PM |
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I checked the list, good to know that my country is not included, so I will continue using bitrrex but its just sad they will stop servicing the countries listed, that's a big negative effect on their profitability since those countries can generate millions of dollars of income combined.
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