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RE: ๐Ÿ˜‚ STEEM Dollars Are Going For $2.31 On Bittrex! LOL ๐Ÿ˜‚

in #steem โ€ข 7 years ago (edited)

I hear that you can't get coins out of bittrex if you don't have a verified account. Do you know about this?

@dragosroua made some speculations that it was a person who wanted to buy steem cheap without moving that market, so, bid up SBD, and then you can swap to steem cheap.

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Hmmm, that seems like a weird strategy in my mind because unless you convinced other people to be buying STEEM Dollars at that level then I would think they would just get pounded with Sell orders by us bloggers!

With Bittrex you can move a small amount out I think but yeah I had to validate in there and it was ridiculous. They made me submit my ID and a selfie. :-(

The basic verification on Bittrex usually only needs your name and address. I think it allows you to withdrawal up to .4 BTC a day. If you want to go over that then it requires quite a bit more info.

Do you know if it is limited to USA residents? I have run into issues with being in Australia before.

@datascience I don't know about Australia. Most the traders I know are in the US, Canada or UK.