Re: [ANN] Bittrex - Next generation exchange (btc/ltc/eac/ppc/rdd/ftc/and more)
Poloniex recently announced they will be taking action against unverified legacy accounts in a similar way to what Bittrex did. The big difference being though that it's clearly outlined what will happen WAY ahead of time with plenty of notice for people to withdraw their coins if they wish. And even after it takes effect people will still be able to remove their coins, just not trade them.
Unlike Bittrex which is a thieving piece of shit exchange that should have legal action taken against them soon.
Unlike Bittrex which is a thieving piece of shit exchange that should have legal action taken against them soon.
I think this is of little comfort to those Poloniex customers who have there coins stuck in transit for weeks or even months. One good deed does not wipe out all there bad deeds.
Anyone who is still doing business with Bittrex, just because they haven't screwed you over yet doesn't mean they won't in the future. If they're capable of the type of actions they recently took then they're capable of anything.
Poloniex.com made the right decision by warning everyone upfront that they will change LEGACY account policys.
Trex on the other hand completely fucked up "hardcore style" and I am wondering when they will finally
come out from hiding and make the right move. I am okay to leave them and maybe come back later
but first give me my money back! They think they have all rights but that's not the case, especially not in US.
You can't just freeze accounts without having proof of illegal activities. What they did was to freeze ALL
LEGACY accounts and force them to do enhanced verification. Because they feared if they gave loyal
LEGACY users a heads up they would leave with all their coins. This would have impacted volume
and liquidity of Trex, so some super duper smartass from TREX thought : Ohhh I am GENIUS, thats what we
gone do: We will freeze all LEGACY accounts and force them to do verification. We will not lose
volume and and comply to KYC regulations. Everybody happy, expect yeah right the customers
End of story...