Review on Bittrex by Douglas Cachazo
Bittrex: Good exchange house for cryptocurrency that operates from the US.
Another exchange house for Cryptocurrencies whose activity is the usual for a company of its type such as buying, selling cryptocurrency, exchanging. Bittrex exchange gives access to many cryptocurrency markets and new tokens can be generated without much complication, Bittrex allows to operate with US dollars.
Elegant web portal, where you can do your operations comfortably, a bit confusing for beginners but it is not so complex. It has a graphical online monitoring, to see the behavior of the main cryptocurrencies.
It is important to note that Bittrex cannot be used to withdraw USD or any other fiat currency. You also cannot deposit funds in currencies to buy cryptocurrencies. You need to have a Wallet to send funds to this platform, to operate with bittrex you must buy Bitcoin in another exchenge and then transfer to bittrex. Its objective above all is to trade and not direct purchase), for many it is considered among the best and most recommended
All operations have a 0.25% commission, without fees for volume or type of cryptocurrency. There is no fee for deposits or withdrawals of funds. This is one of the great benefits of this exchange, since most platforms do not have this system.
Pros
- No fee for deposit or withdrawal of funds
- It operates with many Cryptocurrencies.
- Platform widely used worldwide which gives it liquidity
Cons
- You cannot deposit funds or withdraw directly in fiat money.
New products
Comments (1)
October 03, 2020
Though the exchange platform does not gives room for depositing fiat currency, the wallet still has many good features such as supporting many digital asset to trade with, it is user friendly.
