Bittrex scored 89/100 on our review matrix and we rate the exchange at an A+ grading.
The exchange is one of the most reliable and long-standing platforms in the crypto sector and is arguably the most secure platform in the industry. The team are transparent and committed to ensuring a fully regulated platform.
The platform is reliable and allows for a simple trading process. By adding an fiat on-ramp, it means that users can deposit Dollars or Euros and trade those markets directly, or transfer into Bitcoin and trade the numerous Altcoins on the exchange.
However, there are several flaws in the user experience on Bittrex which have occurred over the course of several years. I have personally used the platform since 2014 and the biggest criticism for the team is their listing and delisting of numerous crypto projects in that time. There is very little logic or reasoning behind it and often leads to frustration among its user base.
The team running the platform are experienced veterans but they need to take drastic measures to ensure Bittrex is not left in the dust over the next few years.
- Long-standing and well-established trading platform
- Strong team with lots of experience
- Reputation for keeping customer funds secure
- Poor quality of coin listings
- No clear listing policy
- Too many delistings
- Delisting policy unclear
- Lack of innovation on the platform
- Engage more with the customer base
- Improve the quality of coin listings
- The constant risk of an exchange hack
- Risk of falling further behind competitor and emerging exchanges
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Bittrex is one of the most established trading platforms for crypto, having launched in 2013. Based in the United States, the exchange has grown since launch and this led to the launch of its sister platform, Bittrex International, allowing Bittrex to comply with US regulations.
The exchange started life as an altcoin exchange and has developed into a platform which offers fiat deposit, fiat trading alongside its Bitcoin and Ethereum altcoin markets.
|Restricted Countries||🇨🇳 🇨🇺 🇮🇷 🇸🇾 🇰🇵|
|Country Origin||United States|
|Type of exchange||Fiat, Altcoin|
|Two Factor Auth||
|Featured Trading Pairs||Bitcoin, USD, Euro|