Would you still do business with them?

[Hypnosis00]

Yes, I do believe that everyone deserves a second chance even when it comes to our money and investment as long as we also see some positive changes that is going to take place. But regardless if an exchange is highly reputable or not, the fact that it’s centralized means we don’t have the full control of our investment anymore, then we should take extra careful and caution when doing business with them. And of course, by putting only a small amount of coins at an exchange, we are minimizing the risk of losing.

I agree with the 2nd chance but regarding trust, that was unfortunately not the same as before. Yes, we now become more cautious because even we do business with them again but I know there is already negativity that appears on our mind. But honestly, as the doubts and uncertainties come, this is not a good and healthy investment already. It is better not to continue doing business with them rather than get into such a feeling because it only creates negativity which is somehow not ideal for making a business.

[1714807983]

1714807983

[1714807983]

1714807983

[1714807983]

1714807983

[1714807983]

1714807983

[Botnake]

If I think there are positive changes on the company management, I will not hesitate to do business with them again but maybe this time, I’ll just only risk just a small portion of my coins. And I think that it’s only advisable to use centralized exchanges when we only decide to trade, while the rest of our coins should be kept and hold for long term in our own hardware wallet that makes it highly safe from scammers around.

[Taskford]

Yes, I do believe that everyone deserves a second chance even when it comes to our money and investment as long as we also see some positive changes that is going to take place. But regardless if an exchange is highly reputable or not, the fact that it’s centralized means we don’t have the full control of our investment anymore, then we should take extra careful and caution when doing business with them. And of course, by putting only a small amount of coins at an exchange, we are minimizing the risk of losing.

I agree with the 2nd chance but regarding trust, that was unfortunately not the same as before. Yes, we now become more cautious because even we do business with them again but I know there is already negativity that appears on our mind. But honestly, as the doubts and uncertainties come, this is not a good and healthy investment already. It is better not to continue doing business with them rather than get into such a feeling because it only creates negativity which is somehow not ideal for making a business.

Second chance is only good for people who commit minor mistake. But this? For a institution who create a big financial damage to their community and to a large number of group globally I don't think they deserve a second chance since they could do the same again once they became successful and gather billions of dollars deposit coming from their new traders. There are more other reputable exchange available do why do we need to recycle those compromised exchange?

For me I would not trust them back again and find better exchange.

[serjent05]

What is the reason why you no longer trust them when they have declared bankruptcy and everyone's assets are safe? What they have done is something to be cherished, and we should thank them instead of turning our backs on them. But as far as I know, Bittrex is still operating normally, and they only announced the closure of the US market. So, for those who are using Bittrex but not in the US market, there is no need to worry.

Some individuals are funny, they'll prefer to trust a company that scammed them then rebrand with another scam and they'll still patronized that project and buy their tokens which is what most developers are doing with altcoins. They create new ones based on what's been hyped in the market like with memecoins and when it's not getting any hyped again they close the project or abandoned it to create a new one.

Indeed it is really funny how people can easily forget how these groups of individuals scam them and can easily trust these people again when they launch new projects under different name.  It looks like greed can keep the eyes of individual blindfolded.  I feel sad for these kind of people.  They will continue to get exploited by the same scam people if they keep on being naive.

Bittrex didn't scammed anybody they made sure they kept all their customers safe and that behavior has to be applauded because many projects and exchange in the market can't do what Bittrex did. They have shown that they can be trusted and if they comeback in future I would consider using their exchange instead of the new ones that doesn't have any reputation.

I am one of the pioneers of Bittrex, I have seen their first announcement until their bankruptcy call.  They never scammed anyone and keep their reputation in the industry intact.  I don't mind trusting their service again if they happen to re-establish their service.

[radjie]

What is the reason why you no longer trust them when they have declared bankruptcy and everyone's assets are safe? What they have done is something to be cherished, and we should thank them instead of turning our backs on them. But as far as I know, Bittrex is still operating normally, and they only announced the closure of the US market. So, for those who are using Bittrex but not in the US market, there is no need to worry.

Some individuals are funny, they'll prefer to trust a company that scammed them then rebrand with another scam and they'll still patronized that project and buy their tokens which is what most developers are doing with altcoins. They create new ones based on what's been hyped in the market like with memecoins and when it's not getting any hyped again they close the project or abandoned it to create a new one.

Bittrex didn't scammed anybody they made sure they kept all their customers safe and that behavior has to be applauded because many projects and exchange in the market can't do what Bittrex did. They have shown that they can be trusted and if they comeback in future I would consider using their exchange instead of the new ones that doesn't have any reputation.

Bittrex still has good faith in providing information to its users, this of course gives a good reputation for its managers.  There is a possibility that in the future this exchange will return with a better system update and of course old users of this exchange will be loyal to return to experience a more modern trading style

[bitterguy28]

I certainly do mate , doing business with one of the most popular and big exchange have ever exist ? those exchanges that experienced closure may stand temporary meaning there are more to come in the future because still it is a business and we cannot deny their existence served us best for many years.

In terms of a business related to money/finance and crypto, it's hard to trust them the second time around.

The fear will remain, there could be some words of acknowledgement that they deserve to be given a 2nd chance. But if your personal asset is involved, don't you think to give that to them?

Despite Bittrex has a big history on my crypto journey, better safe than never.

What is the reason why you no longer trust them when they have declared bankruptcy and everyone's assets are safe? What they have done is something to be cherished, and we should thank them instead of turning our backs on them. But as far as I know, Bittrex is still operating normally, and they only announced the closure of the US market. So, for those who are using Bittrex but not in the US market, there is no need to worry.

yeah they are reasonable to file bankruptcy and did not steal anything from their users.

[SquirrelJulietGarden]

Bittrex still has good faith in providing information to its users, this of course gives a good reputation for its managers.  There is a possibility that in the future this exchange will return with a better system update and of course old users of this exchange will be loyal to return to experience a more modern trading style

They did not steal their user money by announcing their service closure and give their users time to withdraw money.

I don't know they will come back in future with a same exchange name, Bittrex or their team will buy some time to do due diligent research with Compliance, laws and wait for clear regulations from SEC. before creating a new exchange business. With toxic attacks from SEC. recent months, if you own a cryptocurrency business in the USA, you will feel risk and want to close your service and simply enjoy your easy life. I believe people who run Bittrex many years would be rich already and they don't need to live with stress by continuing their business.

yeah they are reasonable to file bankruptcy and did not steal anything from their users.

They announced that they leave the USA. before they announce their bankruptcy. I think from their announcement to leave the USA. you can consider to withdraw your money from your Bittrex account already. It's risky to store your cryptocurrency on an exchange that is in migration process as something worse will follow the migration.