RATE Group | Bittrex Cryptocurrency Exchange Shutting Down in 31 Countries
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Bittrex Cryptocurrency Exchange Shutting Down in 31 Countries

20 Oct Bittrex Cryptocurrency Exchange Shutting Down in 31 Countries

Posted at 06:37h in Cryptocurrency News by

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Bittrex announced Oct 18 that its Europe-based international trading platform is withdrawing services from 31 countries by the end of this month. The cryptocurrency exchange cited regulatory uncertainty as being the main reason behind the move.

However, it appears that Bittrex, originally based out of Seattle, Washington, has little to no presence in the vast majority of the markets affected by this seemingly large-scale withdrawal — barring perhaps Venezuela and a couple of other countries.

Affected Bittrex Users Receive Deadline

Per the official announcement, traders using Bittrex International will lose all access to their accounts on Oct 29, starting at 19:00 UTC/21:00 CEST. The affected customers have until that then to withdraw their deposits.

Customers must have a balance equal or higher than the minimus withdrawal limit to be able to retrieve their stash. That means users must have at least thrice the amount in their accounts as the withdrawal fee. This rule applies to all…

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