Question about user @bittrex on Steemit

in steemit •  7 years ago  (edited)

I've noticed users are sending a lot of BSDs to the Steemit user @bittrex.

Why?

It looks like a dormant account (no posts, comments or followings) but BSDs are being transferred in & out of it.

Who owns it?

It's worth over 12 billion dollars!!!!

Curious minds want to know.

Thanks,
Bob

steemit bittrex bsd
7 years ago by

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      ·  7 years ago 

    Bittrex is a cryptocurrency exchange. They reward steem and sbd that is sent there through their exchange

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      [-]
        ·  7 years ago 

      So what happens when someone sends BSD to @bittrex?

      Is user @bittrex connected to the exchange?

      Just a newbie trying to understand.

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          ·  7 years ago 

        The account is, I believe, the way you transfer funds from steemit to the bittex exchange, if you look there is also one for Poloniex and bitcoin.

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            ·  7 years ago 

          Thanks

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              ·  7 years ago 

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                ·  7 years ago 

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