Warning: It seems Bittrex is disabling accounts for no apparent reason

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Today I read scary reports about Bitcoin exchange Bittrex. It seems the exchange is disabling users' accounts for no apparent reason. A topic on Reddit.com has over 200 comments, mostly from people who have issues with their Bittrex account. In addition, there are a lot of complaining users on bitcointalk.org and on Twitter as well.

Fortunately for me, my Bittrex account is working fine at this moment, but it makes me cautious though. I would love to use a decentralized exchange, but there's none out there with enough liquidity yet. The current problems with exchanges confirm that we desperately need it!

Cointelegraph.com did some more investigation into the matter. You can read about it here. They also requested Bittrex for a comment, but they haven't responded yet. Bittrex.com/news is also blank and there is no announcement on their Twitter or Facebook page yet. Hopefully they come up with an explanation soon. If they wait too long it hurts their reputation.

Edit: Bittrex just made a statement about it:
https://support.bittrex.com/hc/en-us/articles/115002187632-Statement-on-disabled-accounts

Please comment if you're experiencing problems with your Bittrex account right now.

Bitcoin, Altcoin Exchange Bittrex Eyed With Suspicion Due to Thousands of Mysterious Account Closings

Cointelegraph recently began receiving complaints about the Bittrex exchange disabling users’ accounts for no apparent reason. One consistent theme in every complaint we’ve received is that users have attempted to open tickets and have even sought help on the exchange’s Slack, only to be ignored and banned, respectively.
Read more: cointelegraph.com


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That’s why I like bitshares. DEX!

Bittrex is working fine today with my account but still I gonna be cautios!!!!

Hey dude @penquinpablo, check bittrex now, the issues are being ratify, and am sure they will come up with some explanation over the issue or at least comment on cointelegraph.com.

Thanks for your sincere concern over this issue.

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GO BITSHARES EVERYBOOOOOOOODY!!!

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Bittrex is and has always been sketchy af, in the previous BTC fork they did not announce if people will be receiving their BTH until hours right before the fork. They also jacked, and still is jacking everyone who is holding NEO of their GAS!! Probably alot more other sketchy undertakings! Switch to Binance, they definitely seem less sketch! but centralized exchanges are always hard to trust.

Yeah, they asked my for basic verification info two days ago. I filled it out and apparently it didn't match whatever records/database they use so now I have to do their enhance verification and upload a copy of my ID and a photo.

Not really happy about it at all. But can only withdraw .0025 BTC per day without it. ugh.

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Decentralized exchanges like Ethfinex can't come soon enough! This has to stop.

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Would love to use a decentralized exchange, but not enough liquidity yet...bla bla blaa...hear the same thing over and over. That's why there isn't enough liquidity, cuz you're all just whining about it on Steemit. If you would all just get on over to the bitshares Dex already and start trading, the liquidity would improve! Am I getting through?

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Yes, you're right. It's a circle. There are almost no traders on Bitshares Dex, because there are not many traders.

I use the Bitshares exchange every now and then, but my volume doesn't make a huge difference ;-)

Thanks for sharing!

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Oh wow... that's worrying, indeed.

What the hell? I just started using it. Not good...especially because Bittrex is the biggest STEEM trading platform so far.

luckily my account is in working order. lets hope this issue is resolved soon

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I check my account in bittrex and it works for me.
I will be paying attention. Thanks for the info.

It will cause worry for anyone. Thanks for the information @Penguinpablo

I used the exchange today, it seems OK so far. Thanks for reporting the news.

Although i don’t hold any assets at Bittrex, i could log in with no problem a few minutes ago.

Thanks. I will check my account.

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I think Tether, Bitfinix & Bittrex are in bed together...may be new type of banking fraud!

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It is bettrying us!!

oh man... mine is still working so far... I hope I won't have problem!

O.o i have no idea if my account works. But I don't have any cryptos there right now.
Btw! The number in the upper right of steemnow.com is the actual value of steem?
Greetings!

Is there any exchange that is trusted?

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this happened to me last week, it is for the users to update their data, they request, a photograph, the DNI and a proof of domicile, once presented this data they enable the account again,
In my case, with a greater flow of traffic daily, my account is updated and could change by day to 13 btc, this is great, before it could not exceed u $ s 1000 a day.
Thank you very much dear friend @ penguinpablo for sharing this information.
I wish you a great day

thank for informations..
thank for sharing
good luck for you.

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