Bittrex users experience withdrawal issues for months

One of the largest crypto exchanges, Bittrex, has not been able to let users withdraw money for several months already, and the users are complaining about deposits issues too
27 December 2017   1571

The users of a major cryptocurrency exchange are continiously complaining about issues connected with maintaining financial operations on Bittrex. Mainly, the concerns are related to the long-lasting withdrawals, which users have to wait for to be conducted for long periods of time, and a huge part of the users does not have their money withdrawal confirmed for months.

Moreover, the users of the exchange are experiencing issues with transactions carried out between Bittrex and other exchanges, facing the problem of the transactions not being displayed in the Bittrex account and lack of replies from Bittrex Support service.

Reddit.com users comments towards Bittrex exchange issuesReddit.com user's comments towards Bittrex exchange issues 

The problems might be connected with the decision of the exchange to turn off new users registration which was made on December 14 for a DB upgrade due to a large spike in new user sign ups.

Although on November 29, Bittrex founder Rami Kawach claimed that the company had conducted an upgrade on the back-end system of Bittrex in order to address the rapid user growth and request load on the trading platform and it has been a month since the upgrade was implemented, the users are still experiencing too many problems with the exchange.

It is also worth noting that Bittrex reported about the new scam and phishing emails asking the users to provide API keys and secret codes. These emails mention Coinigy, but Coinigy company and Bittrex exchange warn the users that they are not any how related to those emails.

Bittrex exchange active marketsBittrex Exchange active markets

Apart from that, we have reported that the users of Binance were facing issues with withdrawals of IOTA, and most of them had not been able to withdraw the money for several weeks after sending the request.

Traders Personal Data to be Sold on the Darkweb

IDs of 1000 users of Bittrex, Poloniex, Bitfinex and Binance costs only $10
21 January 2019   287

A hacker under the pseudonym ExploitDOT is trying to sell data from users of the leading Bitcoin exchanges (Bittrex, Poloniex, Bitfinex and Binance), which they provided as part of the KYC procedure. It is noteworthy that a pack of hundreds of identity cards costs only $ 10, reports CCN.

ExploitDOT places its offers on the Dread darknet-marketplace. Moreover, an independent cybersecurity researcher who wished to remain anonymous, allegedly managed to get the real data of three users of the Binance exchange, pretending to be a buyer.

ExploitDOT even offers documents in bulk: up to $ 1 per 1000 copies, if the buyer places an order from 25 thousand.

Earlier, Cryptopia, a cryptocurrency exchange, has suspended work, informing users of “substantial losses” due to a security breach.