After a four-month pause, Bittrex has reopened to new users.
This means that anyone who was unable to register for an account since December now has the opportunity to do so.
Remember, Bittrex is one of my two primary recommended exchanges for altcoin purchases.
If you do not yet have a Bittrex account, I strongly encourage you to create one today. It’s free, and approval is typically granted within a day or two.
This will give you an additional channel for purchasing my future coin recommendations.
I have no affiliation with Bittrex, so I cannot tell you if and when it might close again in the future. It halted new registrations shortly after Thanksgiving last year due to volume concerns and issued the following public statement:
|We are excited to have so many new users who want to join the Bittrex community. Unfortunately, we have to make a few upgrades to our support and backend systems to handle the increased traffic and load.|
The good news is Bittrex has reopened registration for new accounts and made several website upgrades to streamline the process for approval.
This should also help boost demand in the altcoin markets. Bittrex is a critical “on ramp” for new capital to enter the market. This is one of the turnaround catalysts I’ve been waiting on, and I’m optimistic that it will give markets a lasting boost. We may not be out of the woods yet, but this is surely a big step in the right direction.
Bottom line: If you don’t yet have a Bittrex account, I highly encourage you to open one today. This will maximize your ability to take advantage of current and future recommendations.