RE: Why Bittrex delisting Bitshares marks the rise of decentralized exchanges
Bittrex is violating their own policy by delisting BTS. There are no regulatory or technical reasons to delist. Bitshares core devs have contacted Bittrex management directly and have not received any response.
But you know what? Good! Time to get your BTS to the Bitshares DEX where it is safe from idiots like these. No worries about not being able to withdraw, getting 'delisted', being hacked, etc.
Go to https://bitshares.org/ download the wallet and get your BTS out of Bittrex while you still can!
As an added bonus, once you get your BTS into the Bitshares wallet, you can keep trading BTS on the DEX with low fees, no risk and margin.
Here's a handy guide on how to get you BTS off of Bittrex:
https://steemit.com/bitshares/@nighthawk888/how-to-move-bitshares-off-of-bittrex
Good guide!
Thank you!
@johnsmith and @chrone , the entire thing summarizes in the need to take out the intermediary (exchanges in this case) to make everything more fair for everyone. Not only exchanges can make crypto go down at least for some time, but they also charge a lot in fees. Thabks for sharing. Just upvoted this comment and post. @gold84