BREAKING: Bittrex Crypto Exchange Just Released Big Changes EFFECTIVE IN PART TODAY!! -- To Your Trading Accounts... Details Here. Another Use Case for Bitshares and DEX's!!!


Another Use Case for Bitshares & DEX's!!!

I have ITALICIZED and ENLARGED the key areas for you to be able to quickly sort the info at a glance.

Unedited other than that, here is the email that was sent out and I say again, this is effective TODAY!!

Govern yourselves accordingly Crypto Family!


Dear (Barry)

This email is to communicate policy changes for placing orders on Bittrex.

As you know, Bittrex is committed to providing fair and efficient price discovery and these changes are designed to improve the overall trading experience on our markets.

Removing stale orders:

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Effective today, Bittrex will be removing orders that are older than 28 days. As we’ve communicated in the past, many of these orders have no reasonable expectation of being filled and clog the order books.

Raising the minimum trade size:

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Within the next 2 weeks, the minimum allowable trade value for orders will go from 50,000 Satoshi to 100,000 Satoshi. We will also require a minimum trade quantity on a per market basis.

Creating minimum tick sizes:

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Within the next 2 weeks, on a per market basis, we will be instituting minimum tick sizes that are based on the current price of the market. The target is to have minimum trade sizes that are near 0.1% of the current price. The current minimum tick size is 1 Satoshi. For example, Ethereum trades at 0.0577 Bitcoin. Bids and asks can only be placed in 0.0001 increments. So the next levels allowable levels on the order book will be 0.0576 and 0.0578.

A general statement about market manipulation tactics:

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Bittrex actively discourages any type of market manipulation, including pump groups. Consistent with our terms of service, we will suspend and close any accounts engaging in this type of activity and notify the appropriate authorities.


For more details around these policy changes, see this article.

https://support.bittrex.com/hc/en-us/articles/115003004171

Thank you,

Bill Shihara
Chief Executive Officer


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Thanks for reading, have a nice day.



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@barrydutton/crypto-101-welcome-to-fud-fridays-again-or-updated-10-24-2017-edition-or-new-crypto-fam-markets-usually-dip-on-fridays-do-not

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@barrydutton/steemitcampfire-series-weekend-30-is-tonight-just-a-reminder-and-runs-all-weekend-again-starts-in-a-few-hours-consider

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Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0

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Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.

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