Bittrex Exchange Minimum is destroying the market

in #steemit6 years ago

k33nle3szth01.png

I have traded on Bittrex for many years and have always enjoyed the functionality and the ease of their platform, however they have had and have always had quite a high minimum on all currencies for basis of trade. Most of the time this being .005 worth in Bitcoin. This in my mind is unheard of and minimums do not allow the trade markets to reach their true potential. Yes I agree that more is better, but the underlying reality of it all is that the smaller transactions would always outweigh the bigger ones. Simple mathematics if you will, not everyone has 10 dollars worth of each coin and this again in my eyes is a Destroyer of Worlds in the fluctuating prices of any and all coins alike.

This needs to be addressed if we want crypto to surpass the Bitcoin era and go mainstream

I have wrote numerous articles and blogs explaining the simplicity of how these exchanges greed are killing cryptocurrency, from the unheard of Withdraw Limits to now the current minimums placed on most currencies for trade. Our markets and solely our survival are in the hands of these exchanges, we can not allow greed and empathy for being the only true Exchange cause us to have our markets take the hits they are.

Limits need to be lowered to allow all to trade

Specially withdraw limits, which have been getting worse for years

If I am wrong in my statements above please comment and explain to me and steemit, why you think all is going well...