Review on Bittrex by Evgeniy Zaytsev
Ordinary exchange, which is unlikely to claim the first positions
A little about the exchange
What is Bittrex tacos? First of all, it is a crypto exchange where you can buy or sell various cryptocurrencies. For work, you are provided with a large selection of trading pairs (as well as on other popular platforms). For convenience, in addition to the version in the form of a website, there are also applications for Android or iOS.
I settled on the option in the form of a web version, because. after the first use, I no longer wanted to download the mobile phone, as I was disappointed.
The interface is presented only in English, and some terms are difficult to understand, which confuses the user. Personally, I did not like it, because. I'm used to other platforms with different language versions
I tried to use this platform not so long ago (about a month ago), but I could not stay on it for a long time. Before that, I always traded either through Binance or through BitYard, so I have something to compare with. The interface is similar to all the others, but I personally did not like it - the design is too simple and at the same time incomprehensible and inconvenient.
A fairly small minimum deposit can be called a plus - only $1, but those who are engaged in investments understand that this is rather bad for experienced players, but good for beginners who just want to plunge into this world, or at least try
The commission for transactions here does not differ much from other sites - about 0.75%. On average, Bittrex works well, for some this exchange can be an ideal option, but I got the impression that for the average investor the interface is not intuitive and too scattered.
When it comes to storing funds on the exchange, Bittrex recommends using two-factor authentication. I have seen this approach on almost all platforms.
You can deposit or withdraw funds exclusively in cryptocurrencies. I don't like it much, because. I usually deposit funds directly from my bank card. Yes, there is a little more commission for such an operation, but on the other hand, you don’t need to do personal actions so often to buy one currency in order to then buy another. Very uncomfortable.
As a result, I will say that the platform is rather inconvenient and incomprehensible, I definitely do not recommend it to everyone.
In order to make sure that this platform is right for you, it is best to try using other exchanges, and I also advise you to read my review on another exchange - BitYard.
Yesterday I still decided to go to this site to try to trade while the market is at the bottom. The interface has become more pleasant and user-friendly, it is intuitively clear where to click to make a purchase of a currency. It used to be much worse, I was satisfied. If you suddenly decide to try Bittrex, then I advise you to still download their mobile application, it’s much more convenient.
- Speed
- Large selection of currencies
- Interface
