Rule Changes At Bittrex

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As of the August 1 hardfork, there have been some rule changes at Bittrex. I thought I'd make you aware of one that affected me personally (and almost caused me to have a heart attack), pertaining to withdrawals. I attempted to put some money on my Bitpay Card only to be informed that I had exceeded my 24 hour limit and that I now needed something called "Advanced Verification." So I checked it out and what it required almost caused me apoplexy.

Anybody that knows me knows that I'm an Anarchist and prefer to fly below the radar, so to speak. I don't trust the government. I don't trust banks and I don't trust currency exchanges where the owners know more about me than I do about them. I'm older than most people on Steemit, hell, I remember when drivers licenses didn't have pictures. Now they're a national ID (and I choose not to have one). So when Bittrex told me of their new policy- I figured I was getting ripped off! So I began sending them emails. The first was very polite asking them to fix the problem, as I was very satisfied with the way things had been before. I got one back that was a pre-written response telling me that when I completed the advanced verification, I would be able to withdraw 100 BTC per day.

My next email was somewhat less polite and I informed them if I withdrew 100 BTC it would have to be from someone else's account. I told them my feelings about MY money... That I had intrusted it to them and I wanted it back. I could very well understand their advanced verification is I was asking for a loan, but we were dealing with something that was MINE, not theirs and furthermore I didn't feel that I should have to jump through hoops to recover my own money.

The third and forth emails I sent pretty much accused them of being thieves... and once again- I wanted MY money back. This went on over the course of a couple of days until finally a very nice gentleman named James emailed me and informed me that there was now a limit, imposed by the government, not Bittrex. This limit for accounts that do not have the advanced verification have a withdrawal limit of .025 BTC per 24 hour period.

I wanted to share this information in case you encounter the same issue that I did... perhaps it won't cause you to nearly have a nervous breakdown... or consider violent behavior (which is more my style). I hope this has been entertaining at least if not useful. I can assure you that the past couple of days have been anything but for me. My apologies to Bittrex and my undying gratitude to James for making things clear to a crazy old man.

GIF by @papa-pepper