Bittrex is an American Blockchain technology provider and cryptocurrency exchange. It offers traders access to exchange multiple cryptocurrencies, including major cryptos, such as Bitcoin, Digibyte, Ethereum, Tether, Cardano, WAXP, Bitcoin SV, Ethereum Classic, XRP, and more, with leverage of 1:3 and commission starting from 0.2%.
There is an international arm, Bittrex Global, which operates from Liechtenstein and serves international customers. Their trading platforms are designed for individual traders who seek a user-friendly exchange experience. It offers reliable trade execution and digital wallets with industry-leading security practices such as two-factor authentication and more.
Bittrex Review Introduction
In this Bittrex review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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Bittrex Platforms & Tools
They provide traders with the Bittrex mobile app for U.S Citizens and Bittrex Global mobile app for international customers. The Bittrex mobile trading platforms give clients access to trade multiple cryptocurrencies with lightning-fast trade execution, dependable digital wallets, and industry-leading security practices. They are designed for Android and iOS devices and can be freely downloaded from the respective app stores.
The exchanges provide their traders with the Bittrex API, which supports third-party trading platforms and algorithmic trading. The Bittrex API consists of REST endpoints for transactional operations and a complementary web-socket service that provides streaming market and user data updates.
Bittrex Research & Education
Bittrex provides clients with a reasonable selection of educational resources including News, which helps to keep traders in the know about recent happenings in the global cryptocurrency markets, and Educational Articles, which cover a vast range of trading topics. There is an FAQ section that has instant answers to traders’ most common questions.
Bittrex Trading Accounts
Bittrex and Bittrex Global offer clients a variety of different trading account types to suit traders of all experience levels. Each of the accounts requires an initial minimum deposit of $50. The account types include:
- Personal Account: This is designed specifically for individual traders to trade multiple cryptocurrencies. The required minimum deposit is $50, while a commission starting from 0.2% is charged on trades.
- Corporate Account: The initial deposit required to operate this account types is $50. It is developed to meet the institutional needs of registered entities and has additional benefits, such as no funding limits, fast deposits, priority support, and API integration, to better support institutional trading needs.
Bittrex Account Funding
Both Bittrex.com and Bittrex Global accept similar methods for account funding withdrawals, and they include Wire Transfer, Credit/Debit Cards, and Cryptocurrency. The time it takes to process transactions may vary depending on the payment provider or method.
Bittrex Customer Service
They provide their clients with a knowledgeable customer support team that is available to assist traders with general, technical, or account-based inquiries. They can be reached via Email or by filling the form on their website. The exchange is also available on social media: Telegram, Twitter, Medium, LinkedIn, and Facebook.
Bittrex.com and Bittrex Global are not regulated by any financial authority, but cryptocurrency regulation is generally in its infancy.
Bittrex Review Summary
Bittrex is a US-based blockchain technology provider and cryptocurrency exchange, which has an international arm that operates from Liechtenstein, Bittrex Global. They offer traders access to trade multiple cryptocurrencies with leverage of 1:3. The Exchange offers reliable trade execution and secure trading, and the minimum deposit required to operate the trading accounts is $50. However, they are not regulated in any jurisdiction.
It is worth mentioning that some of the trading products and services in this Bittrex review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Bittrex website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.