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Bittrex is one of the leading, fast growing exchange for digital currencies. Bittrex was founded back in 2014 by three cybersecurity engineers. Bittrex is a premier U.S based cryptocurrency exchange with it office located at Seattle, WA, USA. Over the years Bittrex has really built a great reputation, thanks to it advanced and secure technology and it currently offers hundreds of cryptocurrency trading pairs in Bitcoin, Ethereum and USDT. Alot of cryptocurrency traders use Bittrex on a daily basis with it average daily trading volume amounting to over 20 million dollars.
Bittrex is a U.S based centralized KYC/AML exchange, so you need to be verified before you can fully utilize the exchange.
Pros:
1. Security: This is one point where Bittrex really shines, the exchange is been managed by cybersecurity experts that combine over 50 years of experience working for companies like Microsoft, Amazon, Blackberry etc. Bittrex employs the most effective and reliable security technologies in order to protect user assets. Majority of the exchange funds are kept in a cold wallet for additional safety. Two Factor Authentication is also enabled for all users with additional security features in order to ensure optimum security of user assets.
2. Built Using A Custom Engine: Bittrex custom engine is designed to be efficient and scalable and to also ensure real-time execution of orders. Bittrex also provides a well-documented API which enables developers to build upon it technology.
3. Support Trading Of Major Cryptocurrencies: Currently Bittrex offers trading of over 200 different cryptocurrencies like Bitcoin, Ethereum, Litecoin and other altcoins. Bittrex is often referred to as one of the best exchange to trade altcoins due to it proper vetting process before listing any cryptocurrency.
4. Fast Deposit And Withdrawals: Bittrex is designed to be very efficient and fast via an automated monitoring platform which allow them to provide one of the fastest transaction available today.
Cons:
1. Issues With Support: According to reports, support sometimes takes long before they address issues. There were cases where users where banned/suspended for days without any tangible/formal reason. This drew alot of criticism with alot of users complaining on how Bittrex support handled the issue poorly.
As far as am concerned, this exchange is legit. It being a secure platform is what entice me cause through out the history of the exchange, they haven't been any event of hack.
Will just urge anyone wanting to try their service to properly read their terms and conditions cause they are very committed to following the laws and regulations required by U.S governmental bodies.
What's your experience with this company? share it
Bittrex is a U.S based centralized KYC/AML exchange, so you need to be verified before you can fully utilize the exchange.
Pros:
1. Security: This is one point where Bittrex really shines, the exchange is been managed by cybersecurity experts that combine over 50 years of experience working for companies like Microsoft, Amazon, Blackberry etc. Bittrex employs the most effective and reliable security technologies in order to protect user assets. Majority of the exchange funds are kept in a cold wallet for additional safety. Two Factor Authentication is also enabled for all users with additional security features in order to ensure optimum security of user assets.
2. Built Using A Custom Engine: Bittrex custom engine is designed to be efficient and scalable and to also ensure real-time execution of orders. Bittrex also provides a well-documented API which enables developers to build upon it technology.
3. Support Trading Of Major Cryptocurrencies: Currently Bittrex offers trading of over 200 different cryptocurrencies like Bitcoin, Ethereum, Litecoin and other altcoins. Bittrex is often referred to as one of the best exchange to trade altcoins due to it proper vetting process before listing any cryptocurrency.
4. Fast Deposit And Withdrawals: Bittrex is designed to be very efficient and fast via an automated monitoring platform which allow them to provide one of the fastest transaction available today.
Cons:
1. Issues With Support: According to reports, support sometimes takes long before they address issues. There were cases where users where banned/suspended for days without any tangible/formal reason. This drew alot of criticism with alot of users complaining on how Bittrex support handled the issue poorly.
As far as am concerned, this exchange is legit. It being a secure platform is what entice me cause through out the history of the exchange, they haven't been any event of hack.
Will just urge anyone wanting to try their service to properly read their terms and conditions cause they are very committed to following the laws and regulations required by U.S governmental bodies.
What's your experience with this company? share it