Liquidity in excess of 16,000 BTC is by no means low, and they are constantly adding new features, which makes them one of the top 10 exchanges. Currently, Bittrex sits at number #12 in the crypto exchange list of CoinMarketCap with a volume of +16,000 BTC. Bittrex is certainly a reliable crypto exchange and its founders are also active on Twitter. Such transparency helps in building a good market reputation, an aspect Bittrex has succeeded with flying colors.
- Bittrex’s low-tier requirements seem to appeal to unserved markets.
- Make sure you use the reference in the bank transfer notes so that the money is credited to your account correctly.
- While the flat rate fee is easy to understand, it is disadvantageous for those users who trade large amounts of volume and can be a market maker.
- Complex features spill over into the simpler aspects of the platform, while the lack of advanced trading features is frustrating as a pro trader.
- Every day investors have been able to garner massive profits, which has generated a lot of exposure for cryptocurrencies as a whole.
When people read a Bittrex exchange review and they see that it has a few issues they ask themselves, is Bittrex safe? To answer that question, this Bittrex review will look at Bittrex’s security a bit more closely. The more popular cryptocurrencies, like Bitcoin and Tether, have the most available trading pairs. On a crypto-to-crypto trading exchange, you can only trade in cryptocurrencies. This means you can’t buy cryptocurrencies with fiat currencies. Coincheck, a Japanese crypto exchange was hacked in January 2018.
Poloniex Vs. Bittrex: Which is Better? (Comparison)
CoinSutra and its writers are not responsible for any investment losses from acting on website or social media content. But for now, the fees are set at 0.25% for both buyers and sellers bittrex review for each trade they make. When you compare Bittrex’s fee with that of Binance, Bitfinex, or HTX, you will find it is slightly high, but gets better as your trading volume increases.
The trading pair page gives you a lot of information about the pair you’re looking to trade. To file a complaint, you will have to log in to your account, file support tickets stating the details of your exact issue, and wait for a reply. The alternative is to contact Bittrex’s social media channels on Telegram, Facebook, Medium, LinkedIn, and Twitter.
Crypto on Bittrex
They also have a Twitter account that you can tweet at should you have an urgent query. You have no way of knowing whether these applications are safe. Given that you are handing them the write access to the https://www.tokenexus.com/ API interface, they could easily steal your API keys and use them to run pump and dump schemes on the exchange. In Feb 2019, Bittrex rolled out a whole host of updates to their trading and matching engine.