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|Type||Digital currency exchange|
|Location||Seattle, Washington, United States|
|Key people||Bill Shihara (CEO), Richie Lai, Rami Kawach, and Ryan Hentz|
|Currency||Cryptocurrencies: BTC, ETH, and 190+ other cryptocurrencies Fiat currencies: USD|
Bittrex is a US-based cryptocurrency exchange headquartered in Seattle, Washington. The company was founded in 2013 by Bill Shihara and two business partners, all of whom previously worked as security professionals at Microsoft. The exchange is the thirteenth largest cryptocurrency exchange by daily trading volume, is renowned for the vast number of cryptocurrencies it has listed, and has a good reputation for its security. Bittrex is not a regulated exchange under US securities laws.
On March 6, 2018, Bittrex listed TrueUSD, a stablecoin claimed to be backed by USD. Bittrex was the first exchange to list TrueUSD and is currently the only US based exchange to list it. Since its listing on Bittrex, TrueUSD has twice spiked to a price of 1.30+ USD despite its supposed price peg.
On March 20, 2018, Bittrex announced their decision to de-list 82 cryptocurrencies which were found to be in violation of their listing requirements.
On April 10, 2018 the company open registrations for new users. Commenting on the matter, Bittrex CEO Bill Shihara said: "After diligently working to improve our infrastructure and upgrade our website, we're pleased to announce registration for new users resumed today." Bittrex were forced to temporarily stop new user registrations after just a couple of hours due to the high demand.
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