Bittrex Exchange Re-Opens Its Doors, Shutters New Registrations Again

in news •  2 months ago

 After almost four months of being offline and inactive, popular crypto  exchange Bittrex announced its reboot, complete with a new website. 

 

Bittrex CEO Bill Shihara explained, “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.” 

“In December, Bittrex temporarily paused signups for new users to  preserve the experience, stability and security of the platform for  existing customers as the company worked on improving the infrastructure  to efficiently manage the immense amount of interest from new users.  Though Bittrex was able to facilitate the registration of some new users  through a wait list program over the past few months, new users will  now be able to initiate registration themselves through the Bittrex  website at www.Bittrex.com. Also, the company made additional  adjustments that will help streamline the onboarding process for both  retail and corporate customers,” the company claimed. 

The exchange claimed to be overwhelmed with sign-ups after nearly an  hour and as a result, once again shuttered its doors to new user  registrations.

Interestingly, the exchange said it has “expanded from four, full-time  employees in early 2017 to more than 50, including the addition of  top-level talent from the Department of Justice, the Department of  Homeland Security and Amazon. Bittrex also significantly increased the  number of support staff to include almost 100 representatives, who are  working to ensure the company responds to customer requests in a timely  and efficient manner.”

The exchange hopes to be back up and running “as soon as possible.” 

Bitcoin is currently trading at [FIAT: $6,907.17] according to Coin Market Cap at the time of this report. 

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