Review on Bittrex by Toufik Taane
BITTREX REVIEW
Bittrex is a United States based exchange with headquarters in Seattle. Founded in 2014 by a team of cybersecurity engineers, Bittrex is one of the more established cryptocurrency spot exchanges in the world.
At one point Bittrex’s largest selling point was the huge number of trading pairs that they offered, especially to American customers who might not have wanted to trade on bittrex. Unfortunately, in 2019 Bittrex started blocking the trading of 32 different coins for American users. This was done due to regulatory concerns in the USA.
Since that ban Bittrex’s trading volume has been steadily decreasing. For example, as of publication Coinbase is doing approximately $150 million in daily volume while Bittrex is doing just $10 million. Nonetheless the exchange still offers a good service and in this article we’ll cover everything that you need to know about Bittrex.
Pros
- fiat to crypto trading Fast withdrawal times Very high limits
Cons
- Intrustive verification No leveraged trading
