Bittrex Exchange Opens New Registrations and Unveils Redesigned Website
Bittrex crypto exchange is now accepting new users after launching an upgraded website.
Popular cryptocurrency exchange Bittrex has unveiled its new, redesigned and upgraded website today, along with opening up new user registrations.
After experiencing unprecedented growth around December last year, Bittrex had decided to suspend new registrations in order to upgrade its infrastructure and provide better services to existing clients.
Given how the Bitcoin and crypto boom had attracted a whole new segment of traders and investors, most existing exchanges, if not all, suffered performance issues and delays in support services.
Now, with registrations fully resumed, the exchange is also accepting corporate account applications, and the CEO, Bill Shihara commented on the developments saying:
"We've spent the past four years building Bittrex on the founding principles of innovation, security and responsibility. Given these principles, pausing new user signups during a period of immense trading volume was not a decision we took lightly, but our responsibility to provide customers with a reliable platform and outstanding customer service, made it the right thing to do.
After diligently working to improve our infrastructure and upgrade our website, we're pleased to announce registration for new users resumed today."
As was the case earlier, new registrants will have to verify their Bittrex accounts and provide KYC information, which is mandatory in order to maintain an exchange account.
Bittrex was originally founded in 2014 and has been one of the most reliable cryptocurrency exchanges since. However, unlike Coinbase and Kraken, Bittrex does not offer a fiat gateway, and all trades are crypto-to-crypto, meaning new customers need to deposit BTC, or any other listed digital currency to begin trading.
Given the recent growth, Bittrex has reported gone from 4 employees to a staff of 50, and has also hired around 100 people for the support department, to ensure a seamless experience. With the new design, the site looks great, and traders will hope that earlier issues, such as lag, and slow connectivity should also be ironed out.