RE: Why does HitBTC have wallets of STEEM/SBD closed since 2 years ?

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RE: Why does HitBTC have wallets of STEEM/SBD closed since 2 years ?

daudimitch in #scam • 6 years ago

Upbit has taken the same approach at HitBTC, basically a small circle were just dumping and withdrawing BTC which wasn't beneficial to the end users and the exchange.

SBD still attracts good volume, hence the reason why it is still traded. The stakeholders have to take responsibility for this, its really just Bittrex left, everyone else has been the problem of a select few benefiting off the backs of many. Lets hope that things change around, I suspect they would remain in this mode until the situation changes

6 years ago in #scam by daudimitch

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kingscrown 6 years ago

luckily STEEM works there for now

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daudimitch 6 years ago

The wallet issues are primarily stakeholders who abused the system in the past, from my discussion, I understand on some exchanges some of these folks have withdrawn as much as 25+ BTC, which comes up as a lost for the exchange and the end users. There is so much that has happen to Steem and SBD in the past, I am surprise with the level of abuse that has taken place by a select few that Bittrex still keeps the wallets open.

I trade it because I support the project but I generally count that money lost when I enter the trade. HitBTC is fun to trade with the troll box and the characters of traders, hopefully I can get some action across there and Bittrex soon. I just hope that at end of this, Bittrex does not delist because pretty much Upbit would follow and HitBTC would cease trading. A lot is at stake, I hope the witnesses and Justin can work out something but it cannot be business as usual

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