Review on Bittrex by Fanuel PORPORTY
Bittrex is a trading platform for more experienced traders
Founded in 2014, Bittrex is an American platform based in Seattle. It is one of the largest trading platforms in the world and remains a benchmark on the market. Bittrex established itself as a major competitor for the Poloniex platform at the outset, before Binance, in turn, established itself as a very serious challenger.
Despite this, the platform remains a favorite of traders. In terms of supply, Bittrex is very attractive and offers around 300 different currency pairs. Before Binance was created, traders chose Bittrex primarily for its very large choice of currencies compared to competing platforms.
Since summer 2018, Bittrex has offered its users trading in USD and the possibility of making deposits and withdrawals in USD. This is something new that is quite well received by its community, which can now secure its positions with fiat currency rather than a stablecoin like Tether or TrueUSD. To benefit from this service, however, it is necessary to request it via an online validation form.
Pros
- Transaction fees on Bittrex amount to 0.25%. These fees are rather attractive, but remain less competitive than on Binance or Poloniex.
- Located in the USA, Bittrex has an excellent reputation for the reliability and security of its platform. It obviously offers 2-factor authentication with Google Authenticator, an essential security to avoid hacking your account.
Cons
- The interface is a bit rough and lacks modernity. For a novice, getting to grips with the site completely can take a little time.
- Unpleasant interface
- No mobile app
- No margin trading
New products
Comments (2)
April 29, 2020
IPerfect review, excelent !!! Good job.
Bittrex its recomanded market for trading crypto currency, small fee, secure wallet, and fast transaction.
For all bittrex its the best market.
