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RE: PSA - Warning Bittrex wallet maintenance, (No outgoing transfer since 12hrs ago)

in #psa6 years ago

is bittrex safe in general @transisto? i am interested to open it but i want to hear some opinions and also gain some knowldge first
thank you for your post

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I'm not @transisto (obviously lol) but just butting in to say I've been using Bittrex for some time myself. In my opinion they are safe, although their withdrawal fees may fluctuate from time to time. It's also a place where you might see P&D's happening, due to the sizable number of sh*tcoins they handle on the platform.

Exchange wallets going offline for maintenance is not uncommon, especially if there's a fork, or wallet software is being updated or malfunctioning, or a daemon is broken. but it's not something that happens frequently, or for every coin in my experience. Ethereum wallets at one point some months ago were going down every week it seemed. I remember transferring some Ether there just before wallets went into maintenance. wasn't impressed.

But as for Steem wallet going down for maintenance, Bittrex probably had a good reason. last thing you want is a wallet daemon spazzing out and eating peoples Steem or sending it off into the void instead of your steemit wallet.

Bittrex looks the safest to me and have good customer support. I moved $ there from polo a few months ago.
Bitfinex is the largest (except for the Korean one) , so trading goes instantaneously there.

I think the korean upbit.com share the same orderbook as bittrex, (so same size) they have fiat pairs though.

I always use Bittrex never had any problems so I'm assuming its a temp blip (Not that I know anything about all this haha. )Thanks for the updates

is it @kingmotan? i have opened an account there but still have to go through with verifications which i am reluctant to do since i have to give my selfie (i am shy :p)

Basic verification is enough and you don't have to take the selfie afaik

It is until it's not (can't tell), there isn't many options right now. Polo and Bittrex for trading.

thanks for the info, it is interesting i will keep searching

I would say not to deposit any sizeable amount until you've verified that you can withdraw. I put some sbd on there to sell back when it first shot up, and when I went to withdrawal, the basic verification wouldn't go through.
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So I went with enhanced verification (even though I really didn't want to), and they apparently didn't like my gov issued identification because I still haven't received a reply to my ticket submitted on Nov 24.

tl;dr send a very small amount to bittrex and withdrawal it before using the exchange in any capacity

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