Many Crypto Exchanges NOT Taking New Registrations!

in #cryptocurrency7 years ago

Whether you are trying to get into the bitcoin world for the first time or are a veteran investor attempting to diversify your trading venues, you have likely noticed it isn’t easy to open an account with many exchanges these days. These companies are snowed under with applications and their support teams are failing to maintain a service. A number of them have already given up on accepting new clients entirely for the time being, so as to be able to handle existing business.
        I would highly recommend acting fast if you have not already got accounts with any of the exchanges below. Use my links to sign up to them all today and be sure not to miss the Crypto Train!

Use my Referral link for Coinbase and get $10 free when you purchase $100 of Crypto!
Coinbase link - Ask if you need any help or advice.

Get an account TODAY with Kucoin exchange - Use this Invitation code: 7dPeh1

And Coss io exchange

And Binance Exchange

                                                        

        

        
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new account and new exchange, tired

It's very hard luck me.

Hi lalitswami,
Good to see you!
Try my links above, they are all still working as of this evening (10th Jan 2018).
keep well :D

I dont understand why they just dont accept everyone. Just increases the flow of money into their exchange.

You don't understand companies can't work if they don't have enough staff? Those documents aren't going to check themselves.

Million dollar exchanges can hire enough staff to check documents. Trust me

That's not how it works @vynchy. You don't just hire people and they work. People need to be hired and trained which is going to take a significant amount of time. You also have to consider the server upgrades that may affect the website. I used to work in data centers, and scaling projects could take hours, if not days.

There are tons of security issues that need to be thought about as well. At the companies I worked for, there was only a certain threshold where we could come in and upgrade people's systems because of business hours. However, these exchanges operate 24-7. How do you scale a system like that and keep it running at full speed?

Thanks and true you made some good points i agree

They can ... but not fast enough! - It really is hard to deal with such exponential growth!

But they certainly want all our business so will be upscaling as fast as their budgets allow!

I agree with you @icedrum. It's not that they want to shut out the world. It's they won't be able to operate if they let the world in! The downtime is necessary for scaling purposes. Businesses can't just expand at the snap of fingers.

You have never ran a business right? They have x amount of staff and have recently seen a huge wave of people coming to their site. It's like 100 000 people a day. Even if you have millions you can't get new competent staff for a few days. Also stuff like passports is sensitive data at least where I live. You can't have any random dude checking them unless you want a few identity thefts coming from your exchange.

Hello Gothika
I just enrolled with all the exchanges above today! Try now with those links and you will be able to get your account today.

ask if you need any help :D

Somewhat tellingly a lot of these exchanges with closed new registrations have USDT, or tethers, available to users, and the tether terms of use now forbids US customers from using them. Very bad sign for the future of these exchanges, and nearly certain to impact price of cryptos in general as they include some of the highest volume exchanges.

That's because Tether is a scam until proven otherwise. Why won't they let a reputable, well known accounting firm audit their accounts to make sure the actual USD is there? Why won't they disclose which banks the money is deposited in?

I would argue that these setbacks are only temporary for scaling purposes. Although different in nature, we're seeing how the problem of scalability impacts services. Take Bitcoin, for example. Now look at these exchanges.

Hello Vynchy,
Actually they would love to! But they are just unable to deal with the incredible demand of the last few weeks ... crypto is beginning to go MAINSTREAM and a huge amount of new investors and individuals are joining the gold rush - and rightly so!

Use my links above to join some of the few exchanges left open to newcomers!

Thank you Icedrum :D

Hello everyone, i just joined cryptoworld and tryin to open some accounts around these exhange sites i opened my binance today but couldnt open one at bittrex and i saw that binance doesnt doing any steem trades. Can someone recommend me one reliable exhange site that accpets steem trades?

Hello Kaan,
Pleased to meet you - any of my exchange links above will work for you - you can use blocktrades to convert your STEEM to any other main currency acceptable by those exchanges.

Ask if you need any help at all - keep well :D

Really thanks man i was just searching like that. Appreciated.

Hello Kaan,
A real pleasure to be able help you! Find below also a link to block trades - you do not need an account there - you can use Blocktrades with confidence straight away, they are a really excellent service.

https://blocktrades.us

Do u know how much fee they take ? And please tell me if i can do anything for you anytime. You are helping a lot. :)

Hi Kaan,
I am not sure of their fees exactly but I have used them and found them reasonable ... here is an article on how to use them https://steemit.com/steem/@profitgenerator/review-of-blocktrades-us

Yes, I tried to register to Binance, Bittrex, etc.

I understand that they've got too many members for their facilities and they need to upgrade it.

Hopefully, they do it soon.

Hi John,
Pleased to meet you!
Try my links above right away - all are working as of this evening (10th Jan 2018).

keep well and ask if you need any help :D

I didn't see that I am able to register to Binance.
I'll register right away.
Thank you for your help.
I won't hesitate to ask you if need aditional help.

A real pleasure John :D

Do contact me if you need any help - bookmark this page!

It will be done within 2 months. They've got to hire the people, train them, and scale their systems. I'm assuming this fiasco will give these companies a lesson in scaling to demand.

I ts seem like the market is really hot right now that many exchanges can't handle the big volume ,we now need dentralized exchanges

Completely agree.. I was on Tradesatoshi on the day they scheduled maintenance.. It's amazing how many people were going off in the chatroom there. The amount of volume flowing through these exchanges is massive, & only going to keep growing.

Hello teslasghost
Sorry to hear that ... i too have had problems also - on Bittrex mostly - Try my links above, they are all still working as of this evening (10th Jan 2018).
keep well :D

Hi Monjan,
Good to see you!
Try my links above, they are all still working as of this evening (10th Jan 2018) ... also try ether delta for a completely decentralised exchange - though I have not traded on their platform yet.

keep well :D

How would a decentralized exchange fix this issue?

I am only opening accounts in places I don't have to send a copy of my ID to.

Hi viraldrome
Of the list above only coinbase require ID - the others do not.

keep well :D

Thanks foe saving me time broski. I am only going to give ID if they are going to send me a check, I'm just buying crypto with other crypto I don't think I should have to!

This is just a scaling problem. I am sure every exchange is working on a solution

All of this is the result of the parabolic growth we saw in Q4 of 2017. I doubt ANY of these exchanges would've predicted the massive rise in popularity of cryptocurrencies. We're talking PARABOLIC growth here. How do you scale with that? It's practically impossible without downtime.

It's a good and a bad thing. Good because it's a clear signal that demand is vastly outpacing supply. Bad because it's a sign that a lot of "dumb money" is coming into the game to effectively trade penny stocks like the 1980s. Where we end up...who knows...

~ Kevin

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