Important Update Regarding Bittrex Global
It is with great regret that we write to inform you that Bittrex Global has decided to wind down its operations. This decision was not made lightly, and we understand the inconvenience it may have on our valued customers.
Effective Monday 4 December 2023, all trading activity on Bittrex Global will be disabled. After that date, customers will only be able to withdraw assets as part of the winding down process.
Bittrex is dead. For the long term health of crypto this is probably a good thing. Decentralized Exchanges are the answer to heavy handed regulators clamping down.
To me the future has to be decentralized exchanges where you can swap crypto for crypto without anyone deciding to get involved in my transactions or put limits on what I can do, when and with whom. If I need fiat I can offboard a stable coin to a KYC exchange but for the crypto to crypto transactions it should be decentralized all the way.
This video is a must watch an absolute gem, in my opinion
Rune has obviously grown a lot in value recently and has a lot of upside however it's hard to know if Rune will have first mover advantage or if a better solution will out perform it in years to come. But the future is in decentralized exchanges, that I have no doubt about.