After a sudden suspension of withdraws for unverified users, it has been well over a month since I have sent in my "Enhanced Verification" documents...
Zero Support Response (Excluding the Automatic Bot messages)
Zero Ability to Withdraw
Now, i know many users are fans of Bittrex, so I wont go so far as to say its a "Scam" - But, based on what I have dealt with in the past....
This is nearing a borderline "Scam"
It's like that saying
Everything is Great!! Until it's Not
Which is exactly how cryptocurrencies tend to work, and more importantly - Exchanges.
Lets take a look at Mt. Gox.
- Everything was great, until one day - "Suspended Withdraws"
Then we all watched as that exchange just, one day, Collapsed with all user funds!!
Anyone get bitcoins back from Gox???
Anyways, lets continue...
How about Cryptsy and "Big Bad Vern?"
Yeah, I would love to have that 0.3 btc back - but beyond that, Cryptsy took the route similar to what Bittrex is now doing.
- Suspended withdraws until verification
- Introduced new trading rules
- Ultimately, came out claiming "Hack" and subsequently collapses!
- Taking everyones bitcoins down with it
Once again, I'm not willing to start screaming scam to one of the most widely used bitcoin exchanges, but I tend to move carefully when exchanges start playing these games. Unfortunately, having bitcoin already trapped on the exchange doesn't really help the situation, and normally I wouldn't be so upset except I have the majority of my crypto tied down in investments right now, and my Bittrex account was for my personal cash...
$11,000 isn't really junk change anymore
Instead, I'm being forced to Power Down my tiny Steemit account until something frees up
I hate powering down!! - It has been a huge mistake Every Single Time
Anyone else having issues with Bittrex Verifications?
Please make a comment if you have received support and things worked out... I could use an uplifting story to bring back the faith.
All in All, It's nothing new. I have lost a lot of bitcoins through scams, cloud mining, bad investments, exchange collapses, accidental burning, sending to wrong accounts, and basically any other way you could set fire to cash ;)
one lesson I have learned
"When you play with Bitcoins, Expect to get burned at least once"