If you go to Bittrex.com and try to sign up as a new user currently you cannot!
If you click Log In, and then Sign Up..
You will be redirected to this page!
Which states..
Dear new users:
We have received an enormous number of new account registrations over the past few weeks. 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. As such, we have halted new user registrations for the time being. If you already have an account on Bittrex, you will not be affected by this change. Please continue to the log in as you normally do.
To our new users, we will keep you posted on when we open up registration. We apologize for the inconvenience!
Conclusion
With Bittrex being one of the most popular Exchanges, and always the top volume exchange for most cryptocurrencies.. I think this can slow down a lot, and even as one of the only exchanges that accept STEEM or SBD.. I really hope they are able to resolve this soon!
I will update when I hear more information..
Disclaimer: I am not an Investment Advisor, and this is not investment advice. This is for entertainment purposes only!
I find it hard to believe that an exchange such as Bittrex, which must be raking in a tons of cash on a daily basis from fees, would just shut down new signups instead of just upgrading their support staff and infrastructure. This doesn't make any business sense whatsoever!
I agree.. Especially since they are always like 96% of trading volume of most coins 🤔
Not good news indeed... Hope they get this fixed asap, this can really hurt steem and SBD as poloniex and HitBtc works like crap...
I agree.. Especially since the only other exchange is Poloniex, and I usually don't get my STEEM deposits there for like a month so I always go through Bittrex 😕
They must be racking it in!
That’s right, I tried few days ago. They are not ready for current volume of want to register clients.
Well let's hope they update it quickly :D
Very nice post,, i like your post brother.
The big waves are hitting the large exchanges now. Banks/traditional trading houses are not in a position yet to take cryptocurrency trading upon them, so the advantage is still with the runner ups.
One thing is sure, the growth of cryptocurrencies is not done yet. Expect a new wave in 2018.
I hope they are able to fix any scaling issues that they might have! I don't blame them for eliminating new sign ups until they get it figured out!
Sounds like the DB is their bottle neck according to this tweet:
Bittrex
@BittrexExchange
14 Dec 2017
We have turned off user registration for a DB upgrade due to a large spike in new user sign ups.
Still there is no sign of new registration and all over the ebay there is a flood of account reselling to new users with higher price.
No need to worry. You can buy more than 250 coins from CoinSwitch. Visit: https://www.coinswitch.co
To be fair, this could be good for Bittrex in all honesty. Although they can use the funding to upgrade infrastructure, I wouldn't be surprised if there was a much deeper meaning as to why they haven't. Could be a sign that they are incapable of handling the traffic regardless of improvements, but I foresee a good thing coming out of this.