Bittrex Review – One of the safest cryptocurrency exchanges that currently operate

Bittrex is one of the largest cryptocurrency exchanges offering a large number of trading pairs into Bitcoin and provides a world class experience to buy and sell cutting-edge cryptocurrencies and digital tokens. Bill Shihara is Co-Founder and CEO of Bittrex. He was previously a Security Engineering Manager at Amazon and Manager of Security Threat Analysis and Security Engineering at BlackBerry. Based and fully regulated in the USA this exchange has a very good security with two-factor authentication. Bittrex dedicates a huge amount of attention to the professional preparation of beginner traders, while at the same time providing for the highest level needs of the most sophisticated players in the market.

Some benefits for traders include:

  • Best security practices (To protect users Bittrex requires two-factor authentication for all withdrawals and API usage. The entirety of Bittrex.com is protected by SSL)
  • The Bittrex platform processes and executes orders as soon as they are placed
  • Stable wallets
  • This exchange collaborates with experts in USA financial law and this is one of the first companies to apply for New York’s Bitlicense, allowing it to proudly serve New York customers
  • Bittrex has a long-standing reputation
  • Traders can design their own algorithmic trading bots
  • Bittrex supports a selection of the 190+ cryptocurrencies
  • Basically, every coin you can think about is traded on Bittrex
  • Users always have the information they need to make informed trades

Click here to instantly start trading with Bittrex ❱❱

Platform

Bitttrex offers a web-based platform, the charting package is average with several technical indicators available (worse than the one provided by MetaTrader4). The order book also feels very intuitive and according to analysts, this trading platform is a lot better than the ones which other exchanges offer. On the official web page, you can not find too much information about the trading platform, margin trading and Bittrex does not provide any information on the minimum deposit level. Bittrex supports a selection of the 190+ cryptocurrencies and focuses on security and vetting new altcoins, which is quite positive. With their 0.25% fee, Bittrex is one of the more expensive platforms but most of its users are satisfied. A strong focus on security makes this platform very attractive to trade altcoins on.

Regulation

Bittrex LLC is a limited liability corporation based in the United States and the company’s services are subject to U.S. law. According to analysts, this exchange is also one of the safest that currently operate. Their security team is continually improving our end-to-end security measures, improving auditing processes, and reducing the ‘attack surface’ of their infrastructure.

Supported Digital Currencies

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

Deposit and Withdraw

Bittrex currently does not have a way to withdraw funds in USD or any other FIAT currencies, payments to and from Bittrex can only be made via crypto currencies. In order to withdraw your coins, you will need to generate an address using the wallet you intend to receive the coins. Bittrex does not currently offer the direct purchase of coins using credit, debit, or ACH bank accounts.Traders can purchase currently BTC, ETH or USDT via wire transfers in the amount of $10,000 or more. Bittrex employs the most reliable security technologies available. As part of this approach, Bittrex leverages an elastic multi-stage wallet strategy ensuring that 80-90% of funds are offline and safe. Additionally, two-factor authentication is required for all withdrawals and API usage. Bittrex does not provide any information on the minimum deposit level but before funding your Bittrex account you must first load Virtual Currency to your Hosted Wallet. At Bittrex, security will always be a key factor that impacts every development decision.

Support

Bittrex offers professional customer support, their customer support is excellent and very helpful, especially if you are a beginner trader(you can send a message anytime via email and get feedback right away). Collaboration with their clients is completely transparent, while their high-tech service allows traders to see the actual picture on the market and to evaluate risk objectively. Bittrex is active on Zendesk, Facebook, Twitter and Slack.

Overview

  • Bittrex supports a selection of the 190+ cryptocurrencies
  • All trades have a 0.25% commission and there are no fees for deposits
  • Customer support: e-mail
  • Payments to and from Bittrex can only be made via crypto currencies
  • Bittrex has a long-standing reputation and strong focus on security
  • The Bittrex platform processes and executes orders as soon as they are placed

Summary

Bittrex is is cryptocurrency exchange based in the USA and according to analysts, this exchange is also one of the safest that currently operate. You can be 100% sure in safety of your coins because Bittrex uses: absolutely transparent and fair practices, technology to protect all data and secure methods for funds depositing/withdrawing. The trading platform is easy to use and a lot better than the ones which other exchanges offer. The user reviews and opinions for Bittrex are fairly positive and because of this Bittrex is one of the most popular crypto currency exchanges.

Click here to instantly start trading with Bittrex ❱❱

Bittrex supports more than 190 cryptocurrencies
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.
Bittrex headquarters - Las Vegas, Nevada
No minimum deposit level
All clients, regardless of their country of residence, may trade on Bittrex
BCH
BTC
Dash
ETC
ETH
LTC
NEM
OMG
REP
SAN
XBT
XMR
XRP
ZEC
Bittrex LLC is a limited liability corporation based in the United States and the company's services are subject to U.S. law

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