Bittrex is accepting new user registrations

Posted: 10 April 2018 4:29 pm

The exchange platform will also launch an enhanced website and begin support for corporate accounts.

US-based cryptocurrency exchange Bittrex has resumed new user registrations after halting in December 2017.

In a blog post, Bittrex’s communications team announced that the exchange platform will also launch an enhanced website, begin support for corporate accounts and is accepting new corporate applications.

Bittrex paused new user signups in December last year to “preserve the experience, stability and security of the platform for existing customers” and to make infrastructure improvements, according to the Bittrex team. However, over the past few months, Bittrex revealed that it had shepherded a wait list program for new users.

Registrations are open for new users via Bittrex’s website and the company made changes to help streamline the on-boarding process for both retail customers and new corporate customers. New users must still pass identity verification procedures to adhere to necessary Know Your Customer (KYC) controls and regulations.

Bittrex also upgraded API security and implemented performance metrics to strengthen user experience.

In the past year, Bittrex has grown from four full-time employees to more than 50 team members.The exchange also has 100 support staff representatives, working to respond to customer requests in a timely fashion.

“We’ve spent the past four years building Bittrex on the founding principles of innovation, security and responsibility,” Bittrex chief executive Bill Shihara said. “Given these principles, pausing new user signups during a period of immense trading volume was not a decision we took lightly, but our responsibility to provide customers with a reliable platform and outstanding customer service, made it the right thing to do.”

Bittrex’s exchange offers trading of bitcoin, ether, litecoin and over 190 alternative digital currencies.

During a podcast interview on UnikrnRadio in early February this year, Bittrex chief executive Bill Shihara revealed that the US-based exchange, founded in 2014, would soon begin accepting USD pairings.

In January, cryptocurrency exchange Binance lifted its temporary ban on new user accounts, while Hong Kong-based Bitfinex began allowing new registrations after denying requests for weeks.

You can learn all about different exchanges, understand exactly how to buy and sell cryptocurrencies, calculate your taxes, discover digital wallets to hold assets and explore a list of all the alternative coins on the market.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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