Bittrex Breaking News - Big Order Policy Changes

The popular Bitcoin Exchange platform Bittrex has today announced policy changes for placing orders.

These changes are designed to improve the overall trading experience on Bittrex markets.

Removing stale orders - effective today, Bittrex will be removing orders that are older than 28 days. This is to reduce the size of the orderbooks from orders that are very unlikely to be filled. Makes sense.

Raising the minimum trade size - within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. Bittrex will also require a minimum trade quantity on a per market basis.

Creating minimum tick sizes - within the next 2 weeks, on a per market basis, Bittrex will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price.

For more details around these policy changes, see this article. https://support.bittrex.com/hc/en-us/articles/115003004171

As far as we can figure, the minimum order values went from around $4 and around $8, or higher for more expensive cryptos.

If you HODL small bags of coins then you will not be able to trade them anymore so will have to transfer out of your Bittrex wallets or buy a larger amount and trade them all.

Thoughts anyone?