Bittrex review – the exchange that supports a selection of the 190+ cryptocurrencies

Bittrex provides individuals and businesses a very good experience to buy and sell cutting-edge cryptocurrencies and digital tokens. Based and fully regulated in the USA this exchange supports more than 190 cryptocurrencies currently. Bittrex has strong security with two-factor authentication, this exchange uses absolutely transparent and fair practices to protect all data and funds.

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Some benefits for traders include:

  • Bittrex has a long-standing reputation
  • This exchange has best security practices and stable wallets
  • Security systems are constantly upgraded and tested to ensure that Bittrex is exceeding industry-best standards
  • Bittrex supports a selection of the 190+ cryptocurrencies
  • Traders can design their own algorithmic trading bots
  • Traders can enjoy trading through third-party platforms
  • The Bittrex platform is very simple to use and the platform processes and executes orders as soon as they are placed
  • Bittrex dedicates a huge amount of attention to the beginners

Platform

The Bittrex platform is very simple to use and the platform processes and executes orders as soon as they are placed. The charting package is average with several technical indicators available but according to analysts, this trading platform is a lot better than the ones which other exchanges offer. Bittrex does not support margin trading and it is not possible to go “short”. With their 0.25% fee, this is one of the more expensive platforms but a strong focus on security makes this platform very attractive for the current and potential users.

Regulation

Bittrex was one of the first companies to apply for New York’s Bitlicense, allowing it to proudly serves New York customers. Bittrex LLC is a limited liability corporation based in the United States and the company’s services are subject to U.S. law. This exchange collaborates with experts in USA financial law to ensure that they remain in compliance with the evolving legal landscape.

Supported Digital Currencies

Bittrex supports a selection of more than 190 cryptocurrencies, the most usually are: Bitcoin, Neo, Zcash, Ethereum, Qtum, Bitcoin Cash, Ark, ReddCoin, Ethereum Classic, Lisk, Edgeless, Nexium, AdEx, OmiseGO, Ripple, Litecoin, TenX Pay Token.

Deposit and Withdraw

A trading account can only be managed in in BTC, ETH, USDT and there is no minimum deposit level. Before funding your Bittrex account you must first load Virtual Currency to your Hosted Wallet. Payments to and from Bittrex can only be made via cryptocurrencies and this exchange currently does not have a way to withdraw funds in USD or any other FIAT currencies. In order to withdraw your coins, you will need to generate an address using the wallet you intend to receive the coins.

Support

Bittrex offers a very good customer support and collaboration with their clients is completely transparent. On the official website, you can not find a live chat but you can send a message anytime via email. This exchange conducts compliance audits on all new coin launches, ensuring that its users have the information they need to make informed trades. Bittrex is active on Zendesk, Facebook, Twitter and Slack.

Overview

  • Bittrex employs the most reliable security technologies available
  • Two-factor authentication is required for all withdrawals and API usage
  • 80-90% of funds are offline and safe
  • A trading account can only be managed in in BTC, ETH, USDT
  • Payments to and from Bittrex can only be made via cryptocurrencies
  • No minimum deposit level
  • Bittrex does not currently offer the direct purchase of coins using credit, debit, or ACH bank accounts
  • Bittrex supports a selection of the 190+ cryptocurrencies
  • All trades have a 0.25% commission and there are no fees for deposits
  • Bittrex does not support margin trading
  • Customer support: e-mail

Summary

Bittrex LLC is a limited liability corporation based in the United States and the company’s services are subject to U.S. law. The user reviews and opinions for Bittrex are fairly positive and according to analysts, this exchange is one of the safest that currently operates. Bittrex supports a selection of the 190+ cryptocurrencies and payments to and from Bittrex can only be made via cryptocurrencies. The Bittrex platform is very simple to use and the platform processes and executes orders as soon as they are placed. This exchange has best security practices and security systems are constantly upgraded and tested.

Bittrex supports more than 190 cryptocurrencies
All clients, regardless of their country of residence, may trade on Bittrex
Bittrex headquarters - Las Vegas, Nevada
Bittrex LLC is a limited liability corporation based in the United States and the company's services are subject to U.S. law
Bittrex has strong security with two-factor authentication. Bittrex uses absolutely transparent and fair practices to protect all data and secure methods for funds depositing/withdrawing.

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