Re: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more)
Sometimes I have the feeling people are writing without reading the previous comments 
It's not all about the constantly failing verification process.
It's about people getting forced to do a enhanced verification for even 0.1 BTC! It's about changing withdrawel limits to 0 without giving
loyal customers a heads up or a date when this will happen.On the other hand deposits are always unlimited!?
Foreign customers are forced to do a enhanced verification because BASIC only works but often fails for US customers.
Why is this ? BASIC should be open to anybody not only US customers.
By changing terms WITHOUT WARNING their customers they are STEALING funds and breaking law that's illegal in every country.
I don't trust them and I will not send them my ID, drivers license or anything else so my coins are STOLEN by them.
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It's not all about the constantly failing verification process.It's about people getting forced to do a enhanced verification for even 0.1 BTC! It's about changing withdrawel limits to 0 without giving
loyal customers a heads up or a date when this will happen.On the other hand deposits are always unlimited!?
Foreign customers are forced to do a enhanced verification because BASIC only works but often fails for US customers.
Why is this ? BASIC should be open to anybody not only US customers.
By changing terms WITHOUT WARNING their customers they are STEALING funds and breaking law that's illegal in every country.
I don't trust them and I will not send them my ID, drivers license or anything else so my coins are STOLEN by them.
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I'm sure there has to be something in their original terms that states that terms are subject to change. By creating an account, you would have agreed to those open ended terms. They didn't steal your money. You can get it if you choose to... you just choose not to.
KYC laws are everywhere you go nowadays. You're not going to get away from them forever. If you're a foreigner exchanging money on a US based exchange, you have to accept the fact that US laws regarding foreign investing, especially in something as gray of an area as crypto trading, are going to change and be enforced differently day to day. You can adapt and accept it, or you can sit here and complain that your "coins were stolen". If it were my money, I would buck up and get it off the exchange. If you're a foreigner, and you aren't allowed to get it off the exchange because of US regulatory action of whatever kind, then you have a beef with the US financial regulations system, not Bittrex.
Either way... shit or get off the pot. If you want your money, you'll find a way to get it without crying about it. I was kind and polite to support, and they were the same to me and resolved my issue in under an hour. I'd love to see what your original support ticket said. Did you accuse them of stealing when you wrote to them?
-Fuse
Glad you had no issue. I've taken a similar route, I've only made 1 polite ticket so far and I feel I've been fairly patient considering the funds I have on this exchange and the 2+ weeks I've waited for a response of some sort. I've basic verified but it failed with my true identity. My issue right now is whether or not basic verification works for non U.S citizens at all (I'm Canadian, not from Eastern EUR/RUS/IRAN etc). If so, it should be clearly stated that citizens outside the U.S can only do Enhanced verification. I'm fine with verifying my identity, I'm just cautious about where those ID scan will go to in the future, government is probably better then turning up on a black market.
I also find it a little odd that trex doesn't block deposits and trading for non verified members if they don't want those people to use the exchange.
Let me help you. Read the above quoted text of their Article 13 of Bittrex in my previous post.
It basically says that your ID is theirs. And they will use it without your consent, so let alone that they will store it right, etc.
I think I will be writing a few articles soon about privacy handling. I know that EU-laws are super strict, so those exchanges adhering to those rules is better your own sake.
Just a 10 seconds google.
Coinmate, EU based.
Quote
16. Data
16.1 We are registered with the Information Commissioner for the processing of the personal data of our customers.
16.2 UK law requires all financial institutions to assist in the fight against money laundering activities and the funding of terrorism by obtaining, verifying, and recording identifying information about all customers. We may therefore require you to supply us with personal identifying information and we may also legally consult other sources to obtain information about you.
16.3 By accepting these Terms you authorise us to make any inquiries we consider necessary to validate the information that you provide to us. We may do this directly, for example by asking you for additional information, requiring you to take steps to confirm ownership of your trade orders or email address; or by verifying your information against third party databases; or through other sources. All information provided by you will be treated securely and strictly in accordance with the Data Protection Act 1998.
16.4 You consent to our processing your personal information for the purposes of providing the Services and you acknowledge that you have read and consented to Coinmate s Privacy Policy.
16.5 We may be required by law to provide information about you and your activities on the Site to government or other competent authorities as described in our Privacy Policy.
16.1 We are registered with the Information Commissioner for the processing of the personal data of our customers.
16.2 UK law requires all financial institutions to assist in the fight against money laundering activities and the funding of terrorism by obtaining, verifying, and recording identifying information about all customers. We may therefore require you to supply us with personal identifying information and we may also legally consult other sources to obtain information about you.
16.3 By accepting these Terms you authorise us to make any inquiries we consider necessary to validate the information that you provide to us. We may do this directly, for example by asking you for additional information, requiring you to take steps to confirm ownership of your trade orders or email address; or by verifying your information against third party databases; or through other sources. All information provided by you will be treated securely and strictly in accordance with the Data Protection Act 1998.
16.4 You consent to our processing your personal information for the purposes of providing the Services and you acknowledge that you have read and consented to Coinmate s Privacy Policy.
16.5 We may be required by law to provide information about you and your activities on the Site to government or other competent authorities as described in our Privacy Policy.
Well compare it with the above.