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.
Before, when I was new to cryptocurrency that was my first used exchange, but 2 years after I switched my coins to another exchange better than bittrex, because I found out that crypto in the US was no longer acceptable in this country. the owner of Bittrex or its owner is the US, maybe they will do the same in the future lest they just wait for the right opportunity.
It's not, US is not accepting crypto as a kind of investment considering its volatility can bring the investors to the very high risk due to the volatility of the crypto itself. Bittrex was doing it caused by it's a regulation that must be followed by the bittrex itself to able to survive on its territory (US). Bittrex is an old US-based exchange site.
Crypto is still acceptable in US when it comes to the utility usage but US regulator is putting its eyes to the illegal crypto security offering which has already called ICO.
That's the main problem why bittrex must comply with all of the regulation in US or bittrex will be shut down by the government.