# Safex stocks finally reach under 1bn on the Bittrex Exchange

**URL:** <https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367>\
**Category:** General Discussion\
**Created:** [November 13, 2017, 11:12am UTC](https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367 "2017-11-13T11:12:19Z")\
**Posts on this page:** 4\
**Page:** 1

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**Author:** ![Rich.bate](https://forum.safex.org/user_avatar/forum.safex.org/rich.bate/32/2123_2.png) [@Rich.bate](https://forum.safex.org/u/Rich.bate)\
**Post date:** [November 13, 2017, 11:12am UTC](https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367/1 "2017-11-13T11:12:19Z")

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Earlier this morning a large 15m Safex withdrawal took place on the Bittrex Exchange, reaching the milestone of sub 1bn Safex on the exchange.

At the time of writing this - Bittrex now only holds 988,254,156 Safex Coins, which is 46.02% of the supply.

It comes after a long weekend of the Bittrex Wallet being under maintenance on the exchange, stopping any incoming and outgoing transfers.

Do you see this as a good sign? Less coin on the exchange brings greater scarcity, which often brings a stronger price.

Also this is a good opportunity to let you all know about a new Safex Community News website set up over the weekend: [https://safexnews.net/safex-coin-stocks-finally-reach-1bn-bittrex-exchange/](https://safexnews.net/safex-coin-stocks-finally-reach-1bn-bittrex-exchange/)

(please note [SafexNews.net](http://SafexNews.net) is not an official Safex website, nor is endorsed by the Safex team. It is entirely run and managed by Safex community members).

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**Author:** ![safesam](https://forum.safex.org/user_avatar/forum.safex.org/safesam/32/1601_2.png) [@safesam](https://forum.safex.org/u/safesam)\
**Post date:** [November 13, 2017, 12:04pm UTC](https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367/2 "2017-11-13T12:04:22Z")

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Positive, great news… And fantastic Safex (news) website!

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**Author:** ![webber](https://forum.safex.org/user_avatar/forum.safex.org/webber/32/1750_2.png) [@webber](https://forum.safex.org/u/webber)\
**Post date:** [November 13, 2017, 9:09pm UTC](https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367/3 "2017-11-13T21:09:49Z")

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Well it’s not like the coins in Safex wallet can’t go back on the exchange, but I see where you’re getting at.

There is more friction for trading when it’s stored in the wallet (just a hassle sometimes, especially due to BTC’s slow blockchain confirmation time & the high fees).

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**Author:** ![liborum](https://forum.safex.org/letter_avatar_proxy/v4/letter/l/ecae2f/32.png) [@liborum](https://forum.safex.org/u/liborum)\
**Post date:** [November 14, 2017, 3:18am UTC](https://forum.safex.org/t/safex-stocks-finally-reach-under-1bn-on-the-bittrex-exchange/2367/4 "2017-11-14T03:18:37Z")

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And away they go. 985mil as of now. Of course might still go up once again.