Exchanges BitTrex

BitTrex

Exchange overview
Exchange pricing
See reviews
Only risk Capital you're prepared to loose

Bittrex is an online digital currencies exchange platform that was founded in 2014. Its headquarters is based in Seattle Washington USA. The platform is among the top crypto to crypto trading platforms that offer traders over 100 crypto-crypto trading pairs. It provides a wide range of ewallets to supports trading in the variety of digital currencies.

Pros

Wide range digital currencies
Top notch security measures
Easy to use platform
Fast processing of transactions

Cons

Cumbersome verification process for enhanced account
Slow customer support response
Limited payment methods
0nly one acceptable fiat currency
increased cases of forcibly closed accounts

Currencies

Bittrex allows trading in a range of digital currencies including Bitcoin, Ethereum, Bitcoin Cash, NEO, OmiseGo, Dash, Nexium, Siacoin, Neucoin, Litecoin, Nextcoin and Zcash among others. The exchange supports for cryptocurrency to cryptocurrency trading as well as cryptocurrency to US dollar trading.

Countries

Bittrex mainly caters to US traders. However, it has opened up to trading in other countries in the world. Due to different state regulations on cryptocurrency trading, it is restricted in some countries and only accessible in 29 states.

Verification

The exchange avails three main types of accounts: Unverified, Basic and Enhance. Higher levels of verification are required to obtain enhanced accounts in comparison to unverified and basic accounts. Once verified for the enhanced account, users will have greater freedom to make deposits, withdrawals and transact on the platform without the need for further verification.

Payment methods

The company does not accept credit cards, debit cards or other payment options. Until recently, wire transfers were the main transaction method for only accessible to enhanced account holders but have since been closed. The primary payment method is via the ewallet. The company is expected to launch dollar-denominated debit and credit deposits soon.

Security

Bittrex has put in place top-notch security measures such as 2-factor authentication and stringent verification procedures for enhanced accounts. Up to 90% of customer funds are held offline for optimal security.

Only risk Capital you're prepared to loose