Bittrex Banning US customers from trading! Bittrex announced this stunning news in a blog post a few days ago. One of the larger exchanges, Bittrex banning US customers is quite a bit of news – it is, after all, a US based company.
Starting June 21st, US traders will not be able to access 32 tokens on the exchange, including QTUM and STORJ. The exchange said that US users will receive an email with explanations concerning what they are and are not allowed to do with their assets. Options include selling them for assets that US customers can trade, canceling orders, and moving them off Bittrex.
The changes will affect whether or not US customers will be able to buy or sell select coins – open orders after June 21st for US customers will be cancelled. Limited functionality for assets will still be available to US traders and the coins will be transitioned to the international Bittrex platform.
“US Customers may withdraw or continue to hold in their Bittrex wallet affected Tokens/Coins for as long as Bittrex International supports a market in those Tokens/Coins.”
Bittrex International is Bittrex’s Europe-based exchange. The exchange lists certain tokens that are only available on that euro-centric platform – not available to US users.
This follows at the heels of Binance’s decentralized exchange blocking access to users based in 29 countries, including the US.
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