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Originally Posted by PaulyJames200x
Can any bittrex users confirm that many accounts have been frozen etc? I read this on another forum and even if many youtube videos, people are saying that bittrex has frozed many ppl accounts. And they dont even reply back to emails. In a video, one person mentioned people have lot of money stuck there and bittrex is not even responding back and they cannot even withdraw in their account.
I wanted to trade on bittrex and even got my acct enhanced verified but someone mentioned they had it verified but for some reason its not enhanced verified anymore and bittrex support have not responded back to them via email.
You guys mention iota. Do most of you use binance to buy it? Also can you explain why the wallet not good or hard to store etc?
Pauly many of your questions can be answered by simply googling the questions. You'll get more answers and faster answers going that route. Nobody is going to be able to guarantee anything. The best piece of advice is for you to read, read some more and keep reading if you are just starting out.
Any product or service(Not just crypto exchanges) is going to have positive, negative and neutral reviews, it is up to you to decide based on those reviews whether you purchase or use a product. There are people who have been screwed by bittrex I am sure, even if they are super duper verified. There plenty of people(including myself) who have used it a few times with 0 issues.
There are certain risks using bittrex or any other exchange, what varies across the exchanges are what those risks are. Exchanges like shapeshift/changelly have 0 verification, you don't even need an account to use some of them, you just send them one type of coin and they send you back the coin you want. But that has a completely different set of risks, or drawbacks. it's up to you to determine which risks and drawbacks are most important to you and choose the exchange that fits your needs.
Whatever you do, until you learn all the processes involved start with small transactions where if you screw up it doesn't matter while you learn the ropes.
IOTA -
https://www.reddit.com/r/Iota/ there is a list of exchanges and wallets, damn near every coin has a subreddit that lists out wallets and exchanges. The limited research I did on IOTA when I was considering it in September was that it's only on a few exchanges, none of what I currently use and on top of that there weren't a lot of wallets available and the ones that were had problems of their own or were buggy. If wasn't a coin I had a strong interest in coupled with being difficult to buy and store I chose to pass. This is what makes it a bit interesting, seems to be on a bit of a run despite being hard to get/store. If it was on more exchanges and had better wallets it would probably be even higher.