What US crytpo exchange should Hivers use since Bittrex is closing shop at the end of April?

in Reverio2 years ago

Bittrex is closing its US Exchange at the end of April, 2023. This is after 9 years of operations and due to the heavy hand of US regulators. Here's a link to a recent news article https://www.coindesk.com/policy/2023/03/31/crypto-exchange-bittrex-to-wind-down-us-operations-next-month/

So what's a good exchange for US citizens who want to turn Hive into Fiat? Any steps on how to convert Hive to US currency? What's your normal procedure? 

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It bites, but I think MEXC still hasn't washed US users out yet.

I think MEXC is off for US IP addresses. Maybe I need to add a VPN?
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Try it! I admittedly haven't been sniffed out as a US user yet, though my days might be numbered. My signup to these platforms preceded all of this US user denial, but eventually Binance pushed me away. I fear the same follows for Bittrex, as well.

Brave features a built-in VPN, that appears to be paywalled.

Don't really need one. Use V4VApp for swaps

That sucks! We may have to swap to a different currency then go to another exchange. Simple swap does Hive swaps but since it's Binance who know how long that will last since the SEC hates the hell out of them.

When I first started, I used Bitpay to move BTC or ETH to Simple Swap and then to Hive. I may have to go back to doing things that way, but in reverse.

https://v4v.app/swap

Anonymous ⬆️ and no info needed. No need for Centralized exchange

And that's if the SEC makes them take Simple Swap from Americans

Sucks doesn't it?

Especially since I am finally ahead in my crypto investments.

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I hate losing the convenient tools, now it's back to the drawing board. If Simple Swap disappears I'm not sure what the hell to do!

Just use V4VApp

A sad news for Us customers and over all crypto atmosphere.

Yes. I am looking for a good alternative for US based crypto investors. I can probably move Hive to BTC via swap and then find an exchange that handles BTC, but I really liked that Bittrex was a direct exchange for Hive.

Why do u need exchange? I'd assume these will all be dead. But you can do this. Cash app account to move USD into bitcoin. Then swap from there. Cash app will be around longer then coinbase id bet.

The way we have been seeing since some time back the exchanges were being tightened inside the US due to which the young people of the exchanges are now ceasing to work there.

I think it is a concerted effort by the US Government to push people away from crypto.

It is and there will be hone left. Coinbase wont make it even. We just go full decentralized. It's a done deal already. I already commented into on best way to do it. It's easy. We just be ready for No Centralized exchanges to be left.

But now people's trust over crypto has increased and no one can stop them from putting money into it.


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