Vlog 209: Bittrex will open up account signups soon and will add USD trading!

in #life7 years ago (edited)


I read an article in the Coin-telegraph this morning stating that Bittrex will open signups again soon and will introduce a USD trading pair.

Bill Shihara, CEO of Bittrex, confirmed during a Unikrn Radio podcast with Unikrn CEO Rahul Sood on Jan. 31 that the Bittrex exchange will be opening up USD trading to the majority of its customers.

Shihara also added that user signups for the exchange would open again soon, but there will be additional requirements for new users, like minimum trade deposits. According to Shihara, this ensures that the new users are “people that understand what they are doing.” source.

This is great news.

Bittrex at the moment is the only exchange where you can deposit and withdrawal STEEM without trouble. Poloniex doesn't work at all and Binance won't allow withdrawal at the moment.

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Thanks for the INFO. But did you mean USD pair with STEEM or any of the popular cryptos like BTC or ETH?

Great ..
Well done .. Thank you for this information
More work and creativity.

Now this will definitely will be a good thing cause since I live in the usa...I will definitely need us trading...can't wait till then...thanks for the info

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very nice...

What is the best exchanges besides binance for non-us tho?

Kucoin,poloniex,and Mercator is good for non US.

i am too much sad about watching how the rate is dying of sbd and steem

Dear @exyle! i get this habit to listen to your dtube entries each day! It's a good summary of what has happened or can happen at the moment. and you keep it simple, which is important for people like me - who are content creators, but who do not fully understand all the investing, up&downwards trends etc. i'm learning in order to be an independent investor. And your posts helps a lot! so thank you! :)
I also have a question to you. I know you are not a fortuneteller :) but... do you think that in the internal market 1 steem will continue to cost more than 1 SBD or it will come back to lower level? what indicators should i rely on? thank you again! (ps. I'm upvoting myself cause i would really like you to read this:) this way it won't probably get lost in vain;)) cheers, kasia :)

Hi, and thank you for your nice words! As for your question. Long-term I believe STEEM to be way more valuable than SBD. So, long-term I would personally always invest in STEEM and not SBD.

Short-term is much harder to tell. We have seen some crazy pumps in the SBD out of nowhere and this can happen again or not. This is impossible to tell.

If you are unsure what to do, I would recommend selling SBD gradually for STEEM (or other crypto or fiat). Just a fixed amount per day.

This way you will establish a nice sell average. You won't have maximum profits or gains but it takes the guessing part out of the game. I hope this helps.

@exyle! thank you so much for your reply! i really appreciate that! :) I see that in general you are a fan of doing things gradually, without all this stress and tension linked to more extreme strategy! :) yes, i'm investing a lot in Steem, all my income actually.:) I have never cashed out, but i will have to at the end of February (we all have bills to pay;)), so i was wandering if i should leave some SBD or not power up all steem. But i know that it is so hard to tell, as the market changes drastically all the time... Thank you anyway! :)

nice post. thats pretty cool to know. thanks for sharing.
resteem and upvote

this is a great story This way you will establish a nice sell average. You won't have maximum profits or gains but it takes the guessing part out of the game. I hope this helps

This is why I love Bittrex , never had a problem ever with Steem and SBD on there . Now only if we could transfer from there to our bank account , that would be perfect

Great news, my friend and the fact that the Bittrex will expand its functions can only please! On the other hand, it's bad that other exchanges do not cope with Steem exchange yet, there would be competition and the price would probably be higher! Thank you Mark for the great news!

This is great news .We need more exchanges to pair alts against fiat currencies, all these alts are way to tied to BTC and it creates problems when BTC is slumping or having a string of bad news.

Exchanges slowly transitioning to USD would finally solve the current Tether hysteria too and no one would fear because of another crash when USDT will go away.

Let's just hope they would allow deposit/withdrawal in USD as well. Super psyched about it. Been waiting all these time. =)

Wow excellent news friend and it's nice to hear that bittrex will going to open the signups again and i surely create an account in bittrex this time, well it's true currently a downtrend is running in steem and we need to have patience in such dips and i think buying more steem around 3$ and then hodl it will produce good results in near future, thanks for staying us updated regarding crypto space and wish you a very joyful and cheerful week ahead friend, Stay blessed.

Its great news for new investors looking to come into crypto. I aready have an account with them but i hope they dont drive new users away just like bitfinex who introduced a $10,000 minimun trade deposit for new users.

That's really good news!
Thanks for the heads up on bittrex
may I hint the Bitshares exchange works fine?
E-steem is working much much better now since it's latest update
surely can recommend it to everyone (at least give it a try)

Hehe is that the famous christmas tree we see in the video? :D
As usual a really enjoy to take a break and listen to your vlogg

Thank you! and it might be :)

I was excited about the USD Trading bit when I read it! Bittrex is the man of exchanges!

If only they could lower their fees a bit too. :/ People won't stay there for long if they can pay 1/5 of Bittrex's fees almost anywhere else.

Hey this is unrelated, but I want to ask if you can join our Steem Thunderclap on Twitter. Here are the details: https://steemit.com/promo-steem/@stellabelle/join-the-thunderclap-today-and-let-s-make-steem-trend-on-twitter

Thank you!

I have no followers besides here. I never used much social media. I will mention it in a post if that helps.

such a fantastic vlogs seeing your vlogs makes me feel positive :)

I like Bittrex decision about adding USD pair.
It should make traders worry less about keeping their money in Tether (With lawsuits and other news about Bitfinex link to Tether). Because they can keep it in USD now heh.

Steem/USD pairs will be huge, and we will see an awesome rise in steem's price when that will happen.
I think the current price reflects more on the bottlenecks in getting steem from exchanges than the technology itself. Once people can buy steem on all major exchanges ( and with fiat) ...oh boy we should get our champagnes ready :D

well never used esteem it doesn't work for me but good to know that new version is coming will try and thanks for sharing the update on bittrex very useful that my friend wanted an account there so good news

Wonderful updates to start off the day bittrex seems to be pushing is my favourite its really fast and easy to do trades good for new users who are still waiting to join thanks for sharing other updates too

there will be additional requirements for new users, like minimum trade deposits.

Let's hope that initiatives like this will help with the recent spams of governments to regulate and ban crypto because they feel a need to protect the weak.

It seems I must be invited to join bittrex... Do you know how this is done?

I'm sorry, I don't. I've been a member for a long time I never had to go through that. I'm assuming that when they open again for everyone it will be without invites and just a signup procedure.

Of course, this is a big money machine for bittrex. If you are the gatekeeper for fiat money you can bind more customers. More risk, but more profit.

these one is quite interesting

What a wonderful news ti start the day

Indeed, it is really a good news.. Looking forward for it to launch soon...

its about time

Finally Good news 👍

Resteemed

Wow. So we can directly cash out the cash?

Great news. I am waiting for the day.

Steem will have more liquidity.

great news friend bittrex was open signup now.😊

I read an article in the Coin-telegraph this morning stating that Bittrex will open signups again soon and will introduce a USD trading pair.

This is way more than a great news. I am really tired of poloniex and Binance.

Bittrex makes trading much easier.

Great news everyday keeps STEEM on its momentum!

STEEM rise!

Thanks for sharing this information

Its really a great news thanks for sharing it is very attractive exchange

This is good news. Thanks for share.

wow nice steemit post

I like the apps esteem created by @good-karma

so informative post for me.
thanks for sharing

Awesome news. Thank you for sharing. I am waiting for new updates from you

wahaaa i am very excited and happy to know that bittrex will open signup again and then withdrawal will be more easy for me and for everyone without any trouble :)

great information thanks ! this platform is amazing .It`s something new .for me at least and I am really enjoying it

Thats great news. I am surely gonna open an account. Was already thinking about it.

Good... I am waiting for it since December... they just do not let new people in... hope we all be in asap!

Thanks!
Adrian,
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This would be pretty great. It's already hard enough finding US exchanges that I can trade on.

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