5569
BITTREX
A+  RATED

Summary

OVERALL SCORE89/100
TRADING
FEATURES
SECURITY
TEAM
COMMUNITY

Conclusion

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.

 

 

SWOT Analysis

Strengths

  • Long-standing and well-established trading platform
  • Strong team with lots of experience
  • Reputation for keeping customer funds secure

Weaknesses

  • Poor quality of coin listings
  • No clear listing policy
  • Too many delistings
  • Delisting policy unclear
  • Lack of innovation on the platform

Opportunities

  • Engage more with the customer base
  • Improve the quality of coin listings

Threats

  • The constant risk of an exchange hack
  • Risk of falling further behind competitor and emerging exchanges

Disclaimer

The content provided in this review is for educational and informative purposes only. You should not construe any such information on this review as legal, tax, investment, or financial advice.

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Information

About

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.

Legal

Features

Trading

Instant Verification
Integrated Wallet
Corporate Accounts
Affiliate Programme
Affiliate Rates 10%
Two Factor Auth
Google Authenticator
Featured Trading Pairs Bitcoin, USD, Euro
Cold Storage
Mobile Platform
Android
IOS
Demo Platform
Multi-sig Wallet
Volumes Verified
Signup Bonus

Community

Available Languages English
Multilingual Support
Support Options Email

Socials

Twitter

Financials

Volume (24h)
Volume (7d)
Market Volume
Fiat Currencies
Markets
Quote Dominance
  *All data is taken from CoinPaprika API, you can visit their website here.
Maker fee
0.20%
Taker fee
0.20%
Withdrawal fee
0.0005₿
Payment methods
-Bank Transfer
-SEPA Transfer
-Crypto Deposit
Credit cards accepted
Instant withdrawal