Review on Bittrex by Robiul Islam
Bittrex is a secure, reliable and advanced digital asset trading platform.
It is a experienced US exchange that has put an emphasis on the security of its users. The exchange’s trading platform is highly admired for its speed and stability, and indeed the exchange has never been hacked in all of its subsistence. On other side, it seems to be suspending user accounts without prior notice and offer minimal customer support. While the trading platform is strong, I would use it with chariness.
It can be deliberated an awesome exchange for beginners and traders looking for a robust, secure platform on which to trade multiple cryptocurrencies, its lack of customer support and freezing of accounts make it a questionable choice. Too often, exchanges sacrifice customer support and satisfaction to continue operating and expanding in the ever evolving crypto space. In this case, the public outrage seems too loud to ignore.
Updated 5 years ago
Rating changed from 3 to 4
Bittrex customers now have access to Bittrex Preview! The ability to see the latest improvements and updates ahead of launch on Bittrex(dot)com and international(dot)bittrex(dot)com.
Streamlined buy/sell order form on markets pages, the layout has been simplified to be clearer and easier to use, especially on smaller screens.
Improved trade history tables on markets pages, the trade history tables have an improved look and feel and more flexible paging.
Updated 4 years ago
Rating changed from 3 to 4
You need to know about these things before using any exchange.
How long has the exchange been working?
What are their security measures?
Who manages the exchange?
What is known about its reputation in the market?
A credible exchange is not a regular hack. Still in my opinion It has reasonable exchange rates and low fees and it is a good exchange. May not be the best one but still good.
Pros
- Easy sign up process, Easy to use, Automated features.
- Large selection of altcoins, Wide variety of currency pairs.
- Good security record, Decent trading volumes.
- Compliant with US laws.
Cons
- Long verification process.
- No leveraged margin trading.
- Slow response time to customer service issues.
New products
Comments (4)
May 12, 2020
I like it, Bittrex is a large global market that is very easy to use. But I'm having a hard time for identity verification. I contacted support but there was no reply, it's a pity maybe I will contact the admin via telegram, someone can help?
April 29, 2020
I think bittrex have a big problem when they not have app for android/ios. As a customer surely we need more effitiently for access the market and trading wherever and whenever. I recomended bittrex if seeing my opinion
April 26, 2020
When I have a problem sometimes ago, their responsive was very impressive, which means they have greatly improved in their customer support service.
October 02, 2019
As for the customer service, it has recently presented improvements and apart from presenting constant updates to improve the service and correction of errors in the exchange
