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Review on Bittrex by Sam Kelso

Revainrating 5 out of 5

This exchange offers users hundreds of cryptocurrency trading pairs in Bitcoin…

This exchange offers users hundreds of cryptocurrency trading pairs in Bitcoin, Ethereum, and USDT.
Currently Bittrex does not offer fiat trading pairs (pairs that include USD, EUR, GBP, Etc).

They do, however, allow some users to buy Bitcoin, Ethereum, or USDT via bank wire transfer.
In order to use their wire transfer purchase options, you must have an “enhanced verified” account and purchase an amount worth $10,000 or greater.




Pros
  • Very user-friendly, fast and safe. Never hacked before. Many altcoins can be found at Bittrex.
Cons
  • High fees: the commission is 0.25% per trade Only Bitcoin and Ethereum markets are available. This means: you can not trade altcoins directly against euros or dollars. You will first have to buy bitcoin on, for example, Bitvavo. The bitcoins can then be sent to Bittrex, after which you can buy altcoins with these btc's. Deposit direct money with iDeal or bank transfer is not possible.

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