Quote from: bittick on July 30, 2019, 01:24:06 PM

Quote from: Coin BTC on July 28, 2019, 04:33:03 PM

Quote from: numeracci on June 17, 2019, 11:41:23 AM

Hi people, just wondering why Bittrex that is a very big exchange doesn't have its own coin like BNB or KCS.
Maybe there's a reason.

Bittrex is not based on ICO. The presence of Bittrex immediately made an exchange without conducting an ICO campaign. I think it's the same as INDODAX, Asia's biggest market. INDODAX also does not have its own coins. But it only supports new coins, like Tokenomy.
It is possible that a market like this builds its company by using its own capital, not from investors, so they don't need to promote their exchange with the guarantee of the coins they create.

It cause by the regulations that already made by both countries US and Indonesia, bittrex is following US regulation and that will never conduct an ico or create its own token.
US regulators are always watching bittrex and remember about the case that happened with KIK and that already accused to run illegal ICO by US regulators.
It's too risky to run own coin or ico in US territory.

Yes, I think this can keep the good name of the exchange, due to falling prices on the tokens they develop. Indodax is one of the exchanges in Indonesia that can withdraw money to conventional banks. Maybe Bittrex is the same.