Avoid Bittrex!

[TitanGEL]

I used to trade on Bittrex before and yeah I was also force to comply with their KYC update because I have no choice or else my funds will be gone, and I think that’s ok for me since I’m still safe and Bittrex still works good. So to solve your problem since its not a small money, better to comply with their KYC this is an update years ago I think, so you can’t do anything about it just accept it.

I'm sure that there are a lot of traders like me who became frustrated when they implemented new rules and it was the KYC.  That time a lot of traders even me who switch to other exchange because the KYC of bittrex is a big yuck for me. I do not know if there is another way to regain or to withdraw the funds there without successfuly verification of the KYC. Bittrex is a good exchange because it doesn't have any hack issues but it is big NO for me if I will send to them my personal identity. I want an exchange that can protect both my identity and also my funds.

[1715243496]

1715243496

[shinratensei_]

source: https://bittrex.com/discover/why-its-critical-to-verify-your-identity

I think that you should read this article and it's clearly stated the reason why bittrex was making KYC as a mandatory for all of users who have been using bittrex.

Additionally, Bittrex focuses on a high standard of regulatory compliance and security and, as a U.S.-based company, we comply with all Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations to both protect our customers and keep criminal activity off our exchange.  

This to proves that if you are not a criminal who tried to access your account.

In that article is clearly stated the reason why KYC implementation is a must.

When you are using bittrex now and you must also comply with the US regulation

[Jawhead999]

source: https://bittrex.com/discover/why-its-critical-to-verify-your-identity
I think that you should read this article and it's clearly stated the reason why bittrex was making KYC as a mandatory for all of users who have been using bittrex.

Additionally, Bittrex focuses on a high standard of regulatory compliance and security and, as a U.S.-based company, we comply with all Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations to both protect our customers and keep criminal activity off our exchange.  

This to proves that if you are not a criminal who tried to access your account.
In that article is clearly stated the reason why KYC implementation is a must.
When you are using bittrex now and you must also comply with the US regulation

That's just some trick from the company to force his customer submitting KYC and you can't know what they do with your identity Why KYC is extremely dangerous – and useless

OP already said he was able to access his account with password with 2FA and haven't used the coins for few years, then there's nothing suspicious with his account. I don't find any reason where that can be considered as criminal activity.

[lunnatic]

I used to trade on Bittrex before and yeah I was also force to comply with their KYC update because I have no choice or else my funds will be gone, and I think that’s ok for me since I’m still safe and Bittrex still works good. So to solve your problem since its not a small money, better to comply with their KYC this is an update years ago I think, so you can’t do anything about it just accept it.

I'm sure that there are a lot of traders like me who became frustrated when they implemented new rules and it was the KYC.  That time a lot of traders even me who switch to other exchange because the KYC of bittrex is a big yuck for me. I do not know if there is another way to regain or to withdraw the funds there without successfuly verification of the KYC. Bittrex is a good exchange because it doesn't have any hack issues but it is big NO for me if I will send to them my personal identity. I want an exchange that can protect both my identity and also my funds.

even though in 2017-2018 Bittrex is a good exchange, they are a favorite of traders, including me,
but now they have a lot of problems about KYC and withdrawal even their support is very hard to help when a problem comes,
it's very unfortunate for Bittrex.

[zasad@]

https://bitcointalk.org/index.php?topic=5253547.msg54567100#msg54567100

https://imgur.com/a/c86smPQ

You can receive such crappy requests at any time and the exchange will block your account. I have not used centralized exchanges for a long time. Formally, any exchange can be accused of fraud and a criminal case against the management can be initiated.
And then users will wait, as clients of the Okex exchange do.

[slaman29]

You don't have a choice really, with all these exchanges. To be fair, I think using CEXs like Bittrex, you have to expect at some point that they will want to KYC you. It's just a matter of time. Which is why I always say, if you have to use a platform that has KYC, you better make sure you pass and verify first before depositing anything!

[chip1994]

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?

Bittrex is no longer the same and they find ways to make it difficult traders right in their exchange. High fees and very few options to trade in Bittrex, besides that they require us to KYC and send them to be able to start trading there.
it is possible that your money is not lost, but you need to provide documentation of your information. Or you can hire someone to do KYC for you, I think this would be a more reasonable way because you will never again trade at Bittrex.

[judaspriest]

The support at Bittrex is bad, I had it too,
I lost my password and 2FA but they still don't respond to my complaints, and no help,
even though I have some Ethereum there and now it's gone.

[barbara44]

Not for anything related to scam or anything like that, but I do suggest people to avoid bittrex for one simpler reason; there are better ones. If you want to do leverage and margin, there are better ones that does it for good, bitmex used to be highest of that but after the legal case I don't know what happens to them, if you want CEX to trade usdt and btc and other things to altcoins and back you can use binance which is much much better, if you want defi which bittrex is not, you can use uniswap with amazing look and simple system that removes all middleman from the work.

Basically bittrex is not something you should use because it is not the best at anything they do, they are very low level crypto exchange that doesn't need to even exist anymore.

[death69]

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.

Its hard for them to operate the exchange registered in the US. Laws here are extremely strict and thats why you are required to provide your personal ID. I know that Bittrex was one of the best exchange in the past but revulations have made them become weaker than ever. Thats why Binance rised and took over its place

I remeber when I first known trading, Bittrex was my absolute choice. I never thought that one day I would change an exchange. I had made a huge money back then. Still proud of being a client of this market

[BuNga_cute]

I'm a Bittrex user from 2017, and have never been disappointed with Bittrex services. But since getting to know Binance,
I decided not to use Bittrex anymore. Because Binance has complete trading features and also has a cheaper trading fee
than Bittrex. Regarding the problem you are experiencing, you should follow what procedure Bittrex wants. Instead of losing
your 0.5 BTC,  don't worry about your personal documents, because Bittrex is a reputable exchange.

[Imran232]

I was a bittrex users because it disappointed me soo many time. No doubt bittrex is a very good exchange but its not a best exchange like binance, FTX, Coinbase, kucoin. That is why i avoid bitrex since 2018. I also suffer lots of problem i face lots of problem which was automatic password change, balance vanish that is why i don't suggest anyone to use bittrex. Its my Opinion my choice others can be different. You can loved it but my money my choice for best security can't be bittrex. Thank you.

[bct_ail]

Due to the AML5 Directive and the demand for appropriate documents the advantage for using bittrex is that they are located in Europe (Liechtenstein). Binance is located in Malta but according to https://www.coindesk.com/binance-is-not-under-our-jurisdiction-says-malta-regulator it is not clear, if they operate legally. Keep this in mind.

[Sebas.tian]

If you're still much interested about the funds in your account then move into action and ensure that your KYC is be completed which will enable you move your funds out of the exchnage. I sometimes head an account with them and the reasons i left them was becasue of their KYC sincerely becasue i hate giving out my real life identities to strangers. Advise: the funds in question is much 0.5bitoin, so, it will be good to move them out with your KYC.

[onecall123]

The support at Bittrex is bad, I had it too,
I lost my password and 2FA but they still don't respond to my complaints, and no help,
even though I have some Ethereum there and now it's gone.

That's the horrible part of any centralized exchanges, I can recall how they implemented the KYC framework to their client. I have a few bucks however they were gone from the point couldn't pass the KYC. Deliberately asked help through their customer support, but nothing happened.

At that moment, got disappointed and pick up binance as a good option, until happy with their service.

[EdenHazard]

You don't have a choice really, with all these exchanges. To be fair, I think using CEXs like Bittrex, you have to expect at some point that they will want to KYC you. It's just a matter of time. Which is why I always say, if you have to use a platform that has KYC, you better make sure you pass and verify first before depositing anything!

Yeah , if you want your money then simply do the KYC.

If you think it's not worth the risk as you are pretty protective about privacy then you should respect them for having that KYC policy and you better forget that 0.5 btc in your bittrex account, don't make thing get even more complicated... just obey the rules and understand the situation.
Bittrex have to ask for your KYC for a reason. They are complying with all Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations,  that's it.

[k@suy]

I remember some people also complain about their funds in bittrex, yes it is one of the top exchange before but because of their kyc and some support and missing funds issue it became a problem to them, I don't know if it is them but few years ago it is reported that the exchange is hacked, so I think they need to upgrade all their systems it become outdated and prone to many problems and attacks.