What is Bittrex?
Bittrex is one of the BCH trading exchanges. You can trade your coin on this exchange. no responsibility, this exchange has had many customers making it the 8th transfer market rank of all coin market.
Bittrex Finally Opens Bitcoin Cash Deposit
Bittrex, the exchange market that generates most of BCH's trading volume, has finally opened the deposit and withdrawal BCH. This causes the BCH price to fall. We can see people who hate BCH can finally get rid of tokens that they do not want / drop the price.
Although the launch of Bitcoin Cash is quite successful, the exchange market has several problems. More specifically, some companies still do not support BCH. And some companies also have not provided evidence of the total number of tokens correct. Not all circulating coins are effectively controlled by the user. Bittrex is one of the BCH trading exchanges, which they previously opened the BCH deposit service. But the situation has changed over the past 48 hours and the BCH's price boom has fallen instantly.
Bittrex platform users are now able to deposit or deposit Bitcoin Cash. Many people want that BCH prices soar. But as many of the Core hard-core supporters are also ready to get rid of BCH en masse, the main consequence of this is a sharp fall in prices on BCH.
One thing to note in the exchange Bittrex exchange, that BCH still has a strong support buy. With almost 4,000 BTC on the buy side, Bitcoin Cash will not go down drastically and lower in value. The purchase support is of course determined at a very low price. The selling side of the order book in the stock is also still seen a bit.
Now the BCH prices are slowly getting back to normal, everything looks pretty solid. Price gaps in various exchange exchanges are now gone. Earlier this week, Bittrex traded BCH at a price of 0.48 BTC. Other exchanges at 0.3 and lower prices were probably at that time. This gap will be an exciting arbitration opportunity if people can move their coins. Unfortunately, it was not possible because the deposit and WD process was still unopened at the time.
