Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Bittrex Exchange Opens New Registrations and Unveils Redesigned Website

Published 04/10/2018, 03:21 PM
Updated 04/10/2018, 03:31 PM
 Bittrex Exchange Opens New Registrations and Unveils Redesigned Website

Popular cryptocurrency exchange Bittrex has unveiled its new, redesigned and upgraded website today, along with opening up new user registrations.

After experiencing unprecedented growth around December last year, Bittrex had decided to suspend new registrations in order to upgrade its infrastructure and provide better services to existing clients.

Given how the Bitcoin and crypto boom had attracted a whole new segment of traders and investors, most existing exchanges, if not all, suffered performance issues and delays in support services.

Now, with registrations fully resumed, the exchange is also accepting corporate account applications, and the CEO, Bill Shihara commented on the developments saying:

"We've spent the past four years building Bittrex on the founding principles of innovation, security and responsibility. Given these principles, pausing new user signups during a period of immense trading volume was not a decision we took lightly, but our responsibility to provide customers with a reliable platform and outstanding customer service, made it the right thing to do.

After diligently working to improve our infrastructure and upgrade our website, we're pleased to announce registration for new users resumed today."

As was the case earlier, new registrants will have to verify their Bittrex accounts and provide KYC information, which is mandatory in order to maintain an exchange account.

Bittrex was originally founded in 2014 and has been one of the most reliable cryptocurrency exchanges since. However, unlike Coinbase and Kraken, Bittrex does not offer a fiat gateway, and all trades are crypto-to-crypto, meaning new customers need to deposit BTC, or any other listed digital currency to begin trading.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Given the recent growth, Bittrex has reported gone from 4 employees to a staff of 50, and has also hired around 100 people for the support department, to ensure a seamless experience. With the new design, the site looks great, and traders will hope that earlier issues, such as lag, and slow connectivity should also be ironed out.


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.