Bittrex forbids the trading of 32 cryptocurrencies for its American clientele

Crypto News

The Bittrex crypto-bourse has informed its users that it will block – in its platform – access to 32 crypto-currencies to American traders.

Limit the options of American traders

Several crypto-currencies including QTUM and STORJ will be inaccessible to crypto-traders based in the United States after June 21st.

The traders concerned should receive an email explaining the ban on 32 digital currencies.

Nevertheless, these customers of the platform will have the possibility of storing their prohibited digital assets of transaction on a Bittrex wallet.

American traders will no longer have the opportunity to buy or sell them. Also, all pending orders relating to these cryptocurrencies will be canceled.

“As of June 21, some markets will no longer be available to US customers. This change does NOT affect the availability of these markets on Bittrex International for non-US customers, “reads Bittrex’s publication.

“If you’re not a US customer, today’s announcement will have no effect on your ability to buy or sell the relevant assets on the Bittrex International platform,” reads the report. ad.

As a result, US customers are free to withdraw or store their cryptocurrencies in their Bittrex portfolios as long as Bittrex International supports them.

The crypto-purses boiling

Bittrex had to cancel its first  Initial Coin Offering (ICO), which it thought it would make on its European platform (Bittrex International) according to reports published in mid-March.

In addition, with respect to Binance’s decentralized exchange platform, access to the site  has been blocked for users based in 29 countries.

What do you think about the Bittrex limitation for American traders? Comment in the comments section below.

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