Wow. The next generation must really fucking suck. I wonder if the Feds have gotten to these guys or something.
I've been struggling to get in contact with anyone over at Bittrex for almost a month now. I came across this post by @leprechaun today and thought I should probably sound my warning bells as well.
Here's the story:
***
I decided to use the exchange to do a little crypto trading, unaware of their recently imposed restrictions on withdrawals. After I had made my trade on the exchange, I attempted to withdraw my shiny new crypto tokens to their new wallet home on my computer.
I was promptly notified that withdrawal was no longer possible for guest accounts, and that I would need to upgrade to a basic account to make the transaction. Okay. Sure. Fair enough. I went to the verification page, typed in the basic info requested, only to be told by the automated verification system that my name "could not be found in the public record," or something to that effect.
Alright. No need to fear. It's telling me to upgrade to an advanced verification account in order to remedy this. No worries. Let's try that.
Now, at this point, I actually wasn't very relaxed or happy. I despise having to upload my image and/or personal documents to websites like Bittrex. I value privacy in my trading, and this wasn't exactly my idea of private and/or decentralized interaction.
Long story short, even after going through all that, the system tells me that my name doesn't match the name on my passport, whatever that means. My name was not misspelled. The only difference may have been that my passport includes my middle name, and I am not sure if the site had asked for that or not, in the name entry field. Regardless, once this message was displayed, letting me know that MY NAME DOES NOT MATCH MY NAME (don't you love computers?), there was nothing else I could do. There is no way to try again.
***
Another Steemian who experience the same exact automated inanity.
I was directed by the automated system to contact customer support. I did that. I've since been waiting over 20 days to hear back from them.
The takeaway? Watch out, and don't put anything into Bittrex you aren't willing to indefinitely part with if you are not already a verified user.
Interested to see how @leprechaun's call for a class-action lawsuit turns out. Who knows, maybe the Fed has got the fist bearing down in Bittrex the same way it does Coinbase now.
One thing about crypto. Nothing is guaranteed. Ever. There sure is a hell of a lot of opportunity here, though ;)
~KafkA
EDIT: Just today I have gotten word back from Bittrex and my account has been verified. I did not initially want to submit documents for advanced verification, but alas, that is the route I had to take to regain access to my coins. I'm happy to have finally gotten a response, but if you are looking to make a quick exchange as a basic account on this platform, beware. You may be stuck waiting for a month in limbo, as I was.
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)
@kafkanarchy, this happened to me too the other day!!
I was so frustrated with this BS as if the policy changed then why allow deposits to be made in the first place?
I have some funds frozen now as well and I'm not comfortable supplying the 'advanced level' verification, especially since I'm anon on this platform.
I've also made several inquiries and I'm only redirected to the 'advanced verification' page and then it states that my ticket/issue has been 'solved', far from it.
Ah got you too, huh? Yeah man. Totally frustrating.
There should definitely be a warning about the inability to withdraw. It’s damn near how a scam functions.
I feel all state-y and dirty because I already uploaded my passport and picture of myself, only to be rejected again. Need a shower.
Lemme know if you make any progress. I hate this verification shit. At least let me know clearly I will need to do it before holding my funds.
I guess in a court they would say I didn’t read the agreement. It’s scammy as all get out, with the automated verfication system.
Such events will further the advancement if the crowds toward fully decentralized platforms such as Bitshares and Steemit.
Sorry to hear about your tribulations... Keep taking good care, namaste
That's a good Comments @eric-boucher 👋👋
Everyone needs to start using decentralized exchanges where you have control of your wallets private keys
I agree, but most of the decentralized exchanges don't have as much volume, plus there are no decentralized exchanges with very liquid fiat pairs!
There are people working on this: Liquidity Bot Project -
https://docs.google.com/document/d/1z2rMlMiMufHdZEirc8x9lKuqSHvLAsVDOYK3xr4AfYE/edit#heading=h.jr7hdxt73vut
Agreed.
I got lucky because I withdrew all my coins just two weeks ago.
Sons of Bitches!
I don't trust any of the exchanges anymore. I know you have to but prefer to stay anonymous. I opened a Bittrex account ages ago but never used them luckily.
What's this 'guest account' shit?
I assume they let you trade anonymously but you can only get your money back if you fess up who you are, what a farce.
I'm sure criminal governments will get involved in regulating these exchanges very shortly at a cost to the buyer. Makes you wonder if they're involved in the scam! Feels a bit hegelian dialectic to me.
I have come to realise that everything in cryptoworld is dodgy. Kraken screwed me over (software flaw) and I can’t get any recourse. A bitcoin tracker refuses to share the bitcoin gold - (as is their legal right). You can’t do anything. It’s like the wild west. No rules, no laws. The only safe way to play is to buy and put it in cold storage. That way at least you get the forks and they can’t steal your coins.
It is. Which is also why I love it. It's funny, though. Here I am using Kraken with relative ease (even though the site itself is blinky as hell sometimes), and others are getting shafted by the site. Got a lot of folks saying they've had no issues with Bittrex while here I am in this predicament. I think you are right. Cold storage is always the best bet.
FK! I'd like to keep all of my stuff on Lesger but trading calls for moving funds all the time and bittrex is what I use the most. I can't wait till we all jump ship and start using DEXs.
Yeah man. I can't wait either.
I had the same problem and had to give the fuckers all my passport details to get my cryptos out. Luckily it worked, but I don't use them anymore.
Except for some very small amounts of Ripple and NEM that I can't store on Exodus. Any ideas of good wallets for them?
bittrex is a shit((( blocked me 1 month ago and didn't answers until now
They answered you? Did you get your money out?
no. no. i tried create another ticket and they told it was a bad idea... now i just wait...
Same here. Sorry to hear that man.
Thanks for spreading the info. Everybody should be made aware of the scams out there and the risk of xchanges
Upvoted and rEsteemed. Your's is the second post today for this Bittrex Issue, which I too have been troubled with for weeks now.
I can put money IN... but can't take it out...
Send in the Feds!
Hahah. No. Fuck the Feds! (they're the worst) and give me my coins!
Amen!
Don't know what I was thinking LOL!
Haha :)
im sorry to hear about this. Many exchanges are starting to do this sort of thing and a lot of people and new comers are getting a bad taste when testing the waters. I wish that there was an exchange that had everything figured out where all of its users could maximize profits without risk of lock up. Crypto is already risky enough.
How much are you trying to withdraw? I have never had issues but I only have 0.13 btc on there.
Much less than that. The issue doesn't have to do with amount, though. It seems quite literally hundreds of individuals may be experiencing this. The site itself says it cannot keep up with support requests. The implementation of restricting withdrawals for non-verified accounts, and then using a bot to "verify" has been a train wreck, apparently. That or the state is cracking down on them like the IRS is on Coinbase now.
Hmm, have you tried buying steem and transferring some to your account here? That worked for me a couple days ago.
Time to go to bts DEX.
information is very valuable - google made 80 billion dollars selling personal information.
You just gave your all passport Id information to a website...and defintley parted with it....
.......mmmmmmmmm
I lost a lot of funds when I left money on poloniex one night they stopped service in my state.
Shit man they all getting the same now
Oh shit :( they have vad policy$ @kafkanarchy84
is true
Such controls are normal, this is only the ideology of decentralization that will take some time. Then laws will be passed, etc. And I had the same problems on Poloniex...
I have used many other exchanges and I must disagree. This is not normal. The "controls" are broken, and customer support is non-existent.
All of these stronger Western stock markets have the same procedure. Bitrex, Poloniex ... I'm fond of livecon, cryptopia etc. they do not ask for any document etc. Translate from BosnianKafka, you're a smart man, can not be Bitcoin legal if big players did not let him out because of his personal interest. Everything has its own background
This is the reason I asked you to read my post, which is on the same page with the conversation about your son and his flee market. However I see Goldmoney now has the same idea, well not the really same and lack much to in my opinion but if far better than what we have here.
Someone else was saying this. I just got on bittrex last week for the first time and had zero troubles, but I'm having massive issues with kraken not verifying my account. I got level one and two fine, but it's like there's an intentional glitch in level three. I'm terribly unhappy about it because I need to get that cash to fix my car.
I completed the enhanced verification today (it only took 10-15 minutes) after a few days debating whether or not I should do it. Before that I couldn't withdraw and I couldn't complete basic verification. Now that my withdraw was successful, I am still not sure if Bittrex can be trusted anymore. I will definitely keep an eye on what's going on.
me to
i feel like that ,
bittrex menyuruh saya menunggu hingga mereka benar-benar mengecek semua data secara manual, entah sampai kapan saya harus menunggu, sungguh bittrex membuat saya frustasi