Bittrex Exchange Re-Opens User Registration, Closes It Again After Wave of Sign-Ups
New Bittrex, Who Dis?
On April 10, 2018, after being closed to new user registration for over 3 months (a move made by several major exchanges), the major cryptocurrency exchange Bittrex announced that new users may once again sign up and would be greeted by an “enhanced” website.
What goes up…
In their official announcement, the Bittrex team notes that pausing signups in December was not taken lightly, and they have been working diligently to improve the platform and keep up with growth, expanding from 3 to 50+ employees during the time that registration was closed.
With confidence, they added, “After diligently working to improve our infrastructure and upgrade our website, we’re pleased to announce registration for new users resumed today.”
However, about 25 minutes after announcing the opening of registration, the exchange took to Twitter to break the news that sign-ups were once again paused due to “overwhelming response from new users.” As of press time, you cannot register a new Bittrex account.
What do you mean by enhanced?
To complement re-opening account registration, Bittrex also launched a completely overhauled platform and website, with “enhancements to the company’s website and the trading platform, including several performance, usability and security improvements to its API.”
The design is arguably more modern and attractive and comes along with a new logo for the company. Usability, though, is another matter altogether.
The new website is being met with mixed reviews from users, with some users congratulating Bittrex on the update while detractors asking for an option to revert to the old look that they’d grown used to. Some claim that the live chart refreshing feature is not functioning properly and that other design changes have made trading more cumbersome.
It remains to be seen how new users (once they’re actually allowed in) will respond to the interface, as they have not experienced the original format. Keep an eye out for updates on Bittrex’s new digs from CoinCentral as the story develops.
Celsius recently celebrated a $1B in deposits milestones in crypto interest accounts, and Alex Mashinsky dropped knowledge...
Celsius Network CEO Alex Mashinsky brought free WiFi to the New York subways, Internet to airplanes, and...
Cryptocurrency interest accounts are making a strong case for the disintermediation of traditional interest-bearing accounts by offering…
Binance is a powerhouse with upwards of 15 million users (up to three million active on the platform daily) and is responsible for around $40 billion in daily trade volume. Binance is regarded as one of the most powerful companies in the cryptocurrency industry, albeit a controversial past. As a centralized company with a semi-controversial…
ABOUT THE AUTHOR
ABOUT THE AUTHOR
I’m a casual nerd who likes crypto and community building. Software dev, social psychologist and sipper of tea. I love art of all kinds, actively seeking truth, and alliteration.