I never had troubles with bittrex for years trading crypto there. You can say that's my favorite exchange, and I'm so used to it.
But everything may come to its end, and I'm done with bittrex now, even if all my money is safu with it. Bittrex is the first exchange I ever used to trade crypto. I liked the simple interface there, the availability of all my favorite cryptocurrencies. Of course because I consider it safe to use even after moving all my funds from there.
The thing is that bittrex now have an upcoming maintenance. It's related to ID verification services and 2FA reset. But I don't think that's the reason why they have such maintenance now. You all know what's happening in Canada and how most of the countries are thinking to take taxes from all our crypto earning. And bittrex a couple of years ago asked all the users for ID verifications. I'm verified there because I was holding enough there. Otherwise, I don't see any reason to ask for our personal details. Crypto should be anonymous, and our privacy should be untouchable. I'm glad there are so many decentralized exchanges and even anonymous crypto where no one will be able to link us to a wallet to understand how much exactly we ever earned in crypto.
From now and go on, I'll never leave my crypto in a platform where they have KYC. I will mostly use wallets where the seed phrase will be written down. That's even better for security. After all, I'll use my hard wallet and no one will be able to ask from me.
Crypto world may represent some danger to all fiat system. And we should be always careful with what we do on it.
Thanx for the info, I'm still not fully up to date on learning about crypto in that all mine is on blurt, ionomy and hiveengine. I have no personal wallets yet but am looking into it slowly. I think I need to speed things up huh.
I have wanted to buy monero and pirate for some time but don't know how to trade what I have on ionomy for them. I don't see them on their exchange.
Crypto should be anonymous, and our privacy should be untouchable.
Congratulations, your post has been curated by @dsc-r2cornell. You can use the tag #R2cornell. Also, find us on Discord
Felicitaciones, su publicación ha sido votada por @ dsc-r2cornell. Puedes usar el tag #R2cornell. También, nos puedes encontrar en Discord
Yeah... Most popular exchanges now request for valid ID verification.
Buh... I don't know the less known exchanges that don't request such verification.
Any clue?🤲
It depends on what you trade. But most original wallets of the token you buy are good, and they don't ask any verification. As well there are some decentralized exchanges, you may find a lot of them. For example wave exchange and many others. As well ionomy.com where I trade blurt for example, also good. Learn as well about monero and their exchanges. Menoro is more private than bitcoin even. Wax may be. Most of popular crypto are under some investigation, that's why it's better to learn about other crypto. That are not on the top 100 in coinmarketcap.com. Learn about less popular cryptocurrencies, and you will find so many interesting ones there !
It is easy to verify via KYC at Bittrex, there is no cause for alarm.
The problem is not in the verification. But in that they could pass all information about you to other organizations and companies.