Sunday, December 29

Bittrex Announces Global Shutdown

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By Mark Hunter

4 weeks agoTue Nov 21 2023 10:41:41

Checking out Time: 2 minutes

  • Bittrex has actually revealed the closure of its international operations following the shutdown of its United States arm previously in the year
  • Bittrex Global will stop all trading operations on December 4 following 10s of millions in fines over the previous year
  • Established in 2014, Bittrex was a popular exchange throughout the 2016-2017 bull run however lost consumers recently

Crypto exchange Bittrex has actually stunned definitely nobody by revealing that it is to shutter worldwide operations. In an e-mail to clients the exchange, which was cut off when its United States arm closed down previously in the year following an examination by the Securities and Exchange Commission (SEC), stated that Bittrex Global has actually “chosen to unwind its operations.” The exchange will continue to run till 4 December when it will stop all trading operations, leaving users with the alternative to withdraw funds just. Bittrex was established in 2014 by 3 cybersecurity engineers and was a popular exchange in the 2016-2017 bull run however had actually fallen out of favor in the last few years.

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