1 Level
5 Review
3 Karma
Review on Bittrex by kamil tozosama
Bittrex Exchange Review
Bittrex is trusted and old cryptocurrency exchange with good trading volume. Bittrex exchange user interface is bit harder for new traders of bittrex but for pro traders its very useful. Deposit fiat money, then buying specific cryptocurrencies for out interest (mostly in the USD market), after few tradings - we convert it again to USD and withdraw this fiat money and transfer it to our customers.
Bittrex exchange with very serious people in charge, they add many coins but after an exhaustive control they avoid adding coins without community support or without active developers.
What stands out most of Bittrex is the large number of listed currencies that have in its platform (more than 100) also counting with a large volume of purchase and sale for each currency. It also provides pairs for BTC, USDT, XMR and other important currencies such as USDC.
As far as security is concerned it provides 2FA verification to be able to enter the account and to make withdrawals of coins use confirmation by email together to whitelist.
Pros
- Good UX/UI - this "simple" thing really attracts us to continue using in this platform
- Convinient platform that supports fiat money easily - you can deposit USD, convert it to crypto and it can be done in the opposite way - convert cryptocurrencies to fiat money and withdraw it to your credit card or your bank account.
- Most of the time - the support team answers patiently to our problems and very quickly.
Cons
- Bittrex didn't made a mobile application yet (Android and IOS either) - this is something important in our needs.
- Unfortunately, the convertion fees on Bittrex platform are pretty high.
