Avoid Bittrex!

[Canaanite]

I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.

For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.

Of course I can give them all the stuff they requested as i'm the legit owner, but i'm not interested in doing so as it is very private.
any suggestions?

[Bttzed03]

You're late to the party lol. The reason they went down from being the top exchange some time in 2017 was because they suddenly enforced KYC among users and prevented withdrawals of many accounts. I remember some migrated to exchanges like Cryptopia but most of their users moved to Binance as they don't immediately ask KYC unless your withdrawal is 2 BTC above.

If you're looking for reasons why your account is locked, it's probably the usual compliance with regulators and nothing to do with your dormant account. IIRC, it was last year that they require "enhanced" verification and will lock accounts that fails to comply.

Suggestions? Binance for the same reason stated above but don't use it if you're from US (they'll block you). If you hate submitting private information, you try Bisq DEX and other P2P platforms. Just remember that they don't have the same liquidity that centralized exchanges offers.

edit to add link/s:
List of P2P/no-KYC exchanges

You might wanna try instant exchanges too. A lot of them don't require KYC - list of Instant exchanges

[mk4]

Actually, get your founds out of exchanges in general if you don't like submitting AML/KYC. It's pretty much inevitable for exchanges to be requiring these documents anyway, it's mostly just a matter of when. Slooowly but surely.

Also, can't believe I have to say this in late 2020: NOT YOUR KEYS, NOT YOUR COINS. https://notyourkeys.org

[Canaanite]

You're late to the party lol. The reason they went down from being the top exchange some time in 2017 was because they suddenly enforced KYC among users and prevented withdrawals of many accounts. I remember some migrated to exchanges like Cryptopia but most of their users moved to Binance as they don't immediately ask KYC unless your withdrawal is 2 BTC above...

Thanks for the Info! so in other words i'm screwed? Feel like an exchange scammed me, gave me an IOU note that i can not use.

Actually, get your founds out of exchanges in general if you don't like submitting AML/KYC. It's pretty much inevitable for exchanges to be requiring these documents anyway, it's mostly just a matter of when. Slooowly but surely.

Also, can't believe I have to say this in late 2020: NOT YOUR KEYS, NOT YOUR COINS. https://notyourkeys.org

I know that... and I feel like an idiot as I lost btc in Mtgox... I guess I keep repeating the same mistakes

[crwth]

How did you get a verified account when you didn’t participate in KYC? Anyway, there are two ways I think you could do this.

• Give your documents for KYC if you need the money
• Move on and forget

I think it depends on how much you can afford and if you need it. To some people, it's a lot, but maybe for you, it might not be as much.

I had an account in Bittrex, but it became somewhat a dying exchange, and I don't know why. I liked it before, but now, it has a low volume compared to the top ones. Maybe you should just go to Binance or something.

[Fesatmas]

If your assets are still around, I think you will look into them immediately for verification. I have also used bitrex from 2016 and until now it is still intact, even though I no longer trade there, because I have withdrawn all the assets. In the last few weeks I opened a Bitrex account and there was a notification requiring me to re-declare the document, as I didn't have any assets there, so I released it.
In my opinion, this is possible to strengthen user security and to minimize theft.

[Bttzed03]

~
Thanks for the Info! so in other words i'm screwed?

Since you refuse to give them what they asked, pretty much.

Feel like an exchange scammed me, gave me an IOU note that i can not use.

Well, you could say that.

You're still lucky you could access the account though. My accounts on two exchanges with small balance on it were probably deleted. I'd probably be pissed too if one day those altcoins that I once had there would pump 1000X

Out of curiosity, what was the value in fiat of that 0.5BTC when you decided to just leave it there?

[VivGaming]

If your assets are still around, I think you will look into them immediately for verification. I have also used bitrex from 2016 and until now it is still intact, even though I no longer trade there, because I have withdrawn all the assets. In the last few weeks I opened a Bitrex account and there was a notification requiring me to re-declare the document, as I didn't have any assets there, so I released it.
In my opinion, this is possible to strengthen user security and to minimize theft.

KYc is not related with user security its just because of implemention from different regions and its all about to have all data about customers which is going to hurt very badly to this anonymous crypto world in next few years I am not going to use these exchanges and sites those asking for this all because I love my privacy and never want to share my all data with any shady site.

[Kupid002]

I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.

For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.

Of course I can give them all the stuff they requested as i'm the legit owner, but i'm not interested in doing so as it is very private.
any suggestions?

It's look likes you are not oppening that account for long and forget about your balance for more years that came. They asked for mandatory kyc before , everyone receive an email about this and if you are actively using that platform I am sure you also receive yours .

You don't have any other choices if you want to get your balance you need fulfill the asking requirements so you can still have your BTC back, this is the reason why it's not secured to stored your crypto in exchange.

[dothebeats]

They started doing this a long time ago and they cannot do shit about it since they are already in compliance with KYC/AML regulations. Most exchanges also require you to submit documents that prove that you are indeed the same person who registered a long time ago so as to avoid having your account locked out. They have sent multiple emails regarding to the changes in the platform months prior but apparently people don't bother too much or don't have the time to check their emails associated to Bittrex and other exchanges.

Submit documents and be done with it if you want to still get that money. It's still worth $8000 today and too good to just let it slide.

[harizen]

I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.

For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.

Surely it was for security reasons since your account rested for long then suddenly it wakes up.

While your account is on hiatus, there are changes that happened on the way, especially on the verification part. Annoying but no choice but to comply.

Of course I can give them all the stuff they requested as i'm the legit owner, but i'm not interested in doing so as it is very private.
any suggestions?

You are the only one who can answer that question.

If you want to get that more than BTC0.5 on that account, then whining here won't help since the final decision is on their hands. You have no other choice but to follow what they said. But since you are not comfortable giving out your private information, then no other way to access your balance.

Think about on what will you do.

[Cryptoababe]

I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.

For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.

Of course I can give them all the stuff they requested as i'm the legit owner, but i'm not interested in doing so as it is very private.
any suggestions?

Even some other exchanges do this to people who have less funds. They ask for thier private details for verification.
My suggestion is. Just provide all they needed from you so that you can get your money. Because you won't have access without doing that. 0.5 btc is much to loose. But if your private doc worth more or you feel like 0.5 btc is too small for you. You can just give leave It there for them.

[goinmerry]

Even you have an access to your 2FA and email, it's alarming that suddenly an account will wake up after a long sleep.

To protect the account's fund, it will really require authentication since Bittrex doesn't know you. The amount involved is not that small so for safety measures, it should be processed properly.

No KYC then you can't have your account back. If you want your BTC0.5 then follow what they want as there's nothing you can do.

[livingfree]

Not that much when you have left those coins but it's now entirely a big amount so you have to take it out. Fortunately your funds are still there yet they're asking you for KYC.

No other solution but you have to give them what they ask and they'll give your 0.5BTC have its withdrawal. With that amount, I'll be enforced to do it and won't come back to them after cash out.

[nelson4lov]

@OP, Just as others have suggested, Your best bet right now would be to participate in their KYC exercise if you're interested/serious about getting your funds back in your possession. Like you, I was a Bittrex user backin 2017 - 2018 but stopped after they started demanding for KYC documents which I didn't participate in before I don't have anything to lose. In your case, You should. I don't see how they will allow you access the funds without submitting proof that you're the owner.

[Nhebu]

Avoid storing your funds in exchange. Third party wallet may risk your funds anytime. You have no assurance that you will get your money back when there are hacking incidents happen. The best thing you can do to secure your funds is to put it in a hard wallet. Bittrex is a good exchange but anytime, our funds is on risk. We can't blame them if there are incidents that happen to their exchange because they have no control at all. KYC process has been made difficulties for crypto users and even I will quit in an exchange that demands my identity. Because KYC for me is risking my identity.

[Johnyz]

Bittrex already ask for the KYC and there’s an update regarding this one so its not their fault anymore. Now, if you really want to get back that money then you have to provide all the legal documents since time changed already and you can’t bring it back because Bittrex are now under on many regulations. Bittrex is still a good exchange it just that, KYC is a big thing on this exchange and you have the option not to use Bittrex, its all yours.

[Viscore]

KYC is also the reason why I totally leaving the Bittrex exchange. Their idea of imposing KYC on all registrants makes them losing their chances to compete with others. They leaving off behind new exchanges and soon to drop from the list if they don't work on their side.

Bittrex is very known before and I was there actively making a trade during the bullish season but as I check my account also, they are asking the same because my account hasn't been active for quite long and that KYC makes difficult for me to carry on.

[eaLiTy]

I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.

For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.

The reason for them to block your access is in your first statement, you did not access the account for a very long time. I was forced to provide all the documents from a gambling website when i returned to my account after a couple of years and asked to provide my old deposit transaction ID even though i had 2 FA enabled and access to everything and you think that an exchange will not ask you to verify everything again that has around $8k USD.

KYC process has been made difficulties for crypto users and even I will quit in an exchange that demands my identity. Because KYC for me is risking my identity.

How are you able to trade and withdraw the coins without going through KYC.

[TimeTeller]

Even you have an access to your 2FA and email, it's alarming that suddenly an account will wake up after a long sleep.

To protect the account's fund, it will really require authentication since Bittrex doesn't know you. The amount involved is not that small so for safety measures, it should be processed properly.

No KYC then you can't have your account back. If you want your BTC0.5 then follow what they want as there's nothing you can do.

That's the only way to recover his funds, to submit his KYC as this exchange is already requiring KYC a long time ago.
I was using this before but when they started to ask for KYC, haven't used them since because I can trade with other exchanges without KYC.
I don't think there is other option for the OP to get his funds back other than submission of his KYC docs.