As you see what happened with the last 2 IEOs on Bittrex, I decided to quit Bittrex and never comeback. Since 2018 I realize that Bittrex is not a good exchange anymore. Low volume, low liquidity, supper slow KYC process and customer support. They did like they were trying to be the worst exchange.
I strongly agree, in the last few months I started to think again about trading on the exchange because it was hampered by a very slow KYC process. And now I hear a lot of complaints from many people who suffered losses due to participating in the IEO something that cannot be accepted.
Since, it is a newly launched project on exchanges like Binance and Bittrex which are the top exchanges among all the others. It has built the trust unlike ICOs the exchange is holding authority as counterparty which is the plus point here. People who are losing in this project have limited knowledge or have not performed any research on it. That could be the only reason, as far I know people are getting benefits of it.