Question about user @bittrex on Steemit

gt1991 (26)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

7 years ago in #steemit by gt1991 (26)

Sort:

marketwizards (51) 7 years ago

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

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gt1991 (26) 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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alienbutt (70) 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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gt1991 (26) 7 years ago

Thanks

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steemitboard (66) 7 years ago

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steemitboard (66) 7 years ago

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