Bittrex to Delist 82 Markets

Bittrex announced that it will remove 82 markets from the platform on March 30, 2018
17 March 2018   908

Bittrex is a U.S. blockchain platform providing real-time trading and security. Bittrex aims to have such features as secure platform, custom built trading engine, fast deposits and withdrawals, complete and easy REST API. 

On March 9 Bittrex has already removed several markets from the platform. Later, Bittrex has  made an announcement that it will remove 82 tokens from its trading platform on March 30, 2018.

Once these wallets are removed, we will no longer be able to recover these coins. Users must withdraw their coins before March 30, 2018, in order to keep them. The coins marked with an asterisk (*) have broken blockchains or wallets that will not allow withdrawals. In those cases, the inability to withdraw your balance is not due to the Bittrex Exchange platform, but is caused by a problem with the underlying blockchain or wallet associated with that coin.
 

Bittrex Statement

The exchange reported that such actions are taken to ensure customers have access to digital tokens that meet the strict coin listing criteria and have a properly functioning blockchain and wallet.

Bittrex delisting marketsBittrex delisting markets

At the time of press, the market capitalization of Bittrex is $137 479 541, and the most popular coins trading on the platform are Bitcoin, NEM, Cardano, Ethereum and Ripple.

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   133

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.