Difference between revisions of "Bittrex"

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== Compliance ==
== Compliance ==


* Bittrex [https://home.treasury.gov/news/press-releases/jy1006 settled] with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022).
* Bittrex [https://twitter.com/richiela/status/1641879643497308161 announced] that it will be winding down its U.S. operations. Customers are advised to withdraw their funds by April 30, 2023, and trading will cease on April 14.
*Bittrex [https://home.treasury.gov/news/press-releases/jy1006 settled] with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022).
* [https://decrypt.co/111676/treasury-fines-bittrex-53-million-sanctions-violations From] [[Decrypt (DCPT)|Decrypt]] (12-10-2022):
* [https://decrypt.co/111676/treasury-fines-bittrex-53-million-sanctions-violations From] [[Decrypt (DCPT)|Decrypt]] (12-10-2022):



Revision as of 03:32, 9 April 2023

Basics

  • 0.25% fees
  • Started in:
  • Based in: American based exchange

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Coin Distribution

Token

"Bittrex Global, Bittrex's Europe-based exchange partner, said Tuesday that it is launching an exchange token in June. On Tuesday, Bittrex Global announced in a tweet that it would list a "Bittrex Global Exchange Token," though additional details are pending at this time. In what might be characterized as a free-wheeling exchange with Twitter users replying to its announcement, Bittrex Global suggested that it couldn't launch the token due to regulatory concerns. 

Token allocation

Utility

Token Details

Other Details

Tech

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
  • Consensus mechanism:
  • Algorithm:
  • Virtual Machine:
  • Development language:

====Transaction Details====*Capacity (TPS):

How it works

Fees

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Compliance

  • Bittrex announced that it will be winding down its U.S. operations. Customers are advised to withdraw their funds by April 30, 2023, and trading will cease on April 14.
  • Bittrex settled with US Treasury OFAC for $25 million & FinCEN for $29 million (15-10-2022).
  • From Decrypt (12-10-2022):

"The U.S. government has hit digital asset exchange Bittrex with fines of $53 million—the biggest fine on a crypto business by the Treasury Department to date, for “apparent violations” of multiple U.S. sanctions programs."

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"Bittrex’s market share has been in steady decline for the last year, dropping from 3.5% early last year to around 1% currently."

Projects that use or built on it

Pros and Cons

Pros

Cons

Competition

Team, investors, Partners

Team

  • Full team can be found [here].

Investors

Partners 

Bittrex Global

Team, Partners