1 Level
6 Review
2 Karma
Review on Bittrex by Oliwier Adler
Bitrex
It can be easily said that it is one of the most secure and easy to use crypto exchanges in the market. There are various features offered by Bittrex which makes it stands out in the market. These features include transparency, security and the fast speed at which the transactions are carried out. Since it is extremely user-friendly for the users and even who wish to begin trading, it has built a strong reputation in the past few years. There are various reasons for which people should consider trading on Bittrex. The major reason is that it offers a large number of cryptocurrencies as compared to the other crypto exchanges.
Pros
- The trading fees charged by Bittrex is at a fixed rate of 0.25 percent on each transaction. This might be a little higher than what is charged by other crypto exchanges but it is easy to charge a transaction fee at a single rate for all transactions. It makes it easy to remember the amount spend on the transactions.
- Bittrex is built with a special computing system which is able to process the transactions as soon as they occur.
Cons
- The users on Bittrex are not allowed to trade using the fiat currencies. The users must either of the cryptocurrency to start trading on Bittrex- Bitcoin, Ethereum or Tether. There are however other crypto exchanges which allow the users to purchase the cryptocurrencies by using the fiat currencies.
