Q. Do/Did you have an unverified "Legacy" Bittrex account?
I DID.. not anymore..
My old unverified legacy account which had a daily withdrawal limit of 1337 BTC has just been reclassified to a 'NEW' account which reduces my old withdrawal limit down to 0.025 BTC Per Day.. That is quite a large decrease in my ability to move funds.
It also seems like i cannot trade any digital currencies either (based of the check boxes that show which activities I am authorised to preform). I cannot test this as i withdrew all my digital currencies a few weeks back when Bittrex started redirecting me to the verification page on every login; i considered this redirection the death of the canary.
Was it not for the redirection mentioned above it would have been a very sad day today. As an example if i have 1 BTC on Bittrex at the moment it would take me 40 days to withdraw that single Bitcoin and over that 40 days i would have incurred 0.04 BTC (~$288 USD) worth of network fees, not to mentioned all the unspent UTXO that would have been generated and eventually formed into and outgoing transaction which would increases the fees payable due to the size of the transaction.
Just for fun i used estimatefee.com to calculate the fee charged for a 40 input, 2 output transaction. Today's rate for such a transaction for confirmation in under 6 block is estimated at $88.12
If you still have an unverified 'LEGACY' account with Bittrex and you are not keen on jumping through hoops to verify your identity i highly recommend that you consider withdrawing your fund immediately!.
This is not FUD; do what you want with this information but i would be interested in hearing from others who have had similar situation occur in the comments.
This is also not supposed to be a promotional piece either but if you have not noticed before i am a huge fan of the Bitshares network which is built on the same tech as Steem (so it is lightning fast, cheap, flexible and well decentralized).
Bitshares main purpose is to serve as a decentralized exchange which runs completely on the blockchain. If you are not familiar with the project i recommend you learn more about it HERE or on bitshares.org
Decentralized Exchange - No KYC - Smartcoins - Gold/Silver/BTC/USD/CNY and more
If you want to hold your crypto in your own wallets (recommended) but still want the flexibility to exchange them to other currencies from time to time you should check out instant exchanges like Blocktrades.us which allow you to seamlessly exchange from one currency to another without an account or any KYC requirements and all done with minimum counter party risk