About Bittrex
Bittrex is a long-established US crypto exchange that was founded in 2014. The founding team consists of computer security experts with over 40 years of shared experience and prioritizes security in their development decisions. Its trading platform has been praised for its speed and stability, and it has never been hacked during its existence.
One of Bittrex’s biggest advantages over other exchanges is the number of cryptocurrencies that can be traded on its platform. In fact, it is one of the best crypto exchanges when it comes to supporting different cryptocurrencies.
Trading on Bittrex
One of the most important services Bittrex offers is its trading platform. The platform lists a variety of cryptocurrencies and allows the execution of standard spot trading orders flawlessly.
In addition to regular spot trading, Bittrex is filled with trading functions such as stop loss orders, ladder limit orders, instant purchase and technical chart tools required by more advanced traders. Best of all is the loading times and responsiveness of the site, which is much better than many of Bittrex competitors.
 | ✔️ Beginner friendly ✔️ Great support ✔️ 300+ cryptocurrencies |  | Go to Bittrex |
Bittrex Mobile App
For all the mobile traders out there, the good news is that Bittrex is a very convenient platform. Recently Bittrex launched their own native app that works just as well on both Android and iOS devices.
The Bittrex trading app allows you to do all the basic functions such as deposits, withdrawals, adding cryptocurrencies into a watchlist and trading. Our overall experience with the Bittrex mobile app is that it’s extremely user friendly and a great tool for trading on the go.
Payment Methods and Trading Fees
The trading fees on Bittrex are relatively high compared to the industry average. Here there is a flat 0.2% fee applied to all transactions which can seem a bit high for day-traders. However, if you reach a certain volume of trades within a 30 day period the fees will reduce slightly.
In terms of available payment methods, Bittrex has you covered with the basics. Here you can use the following methods for depositing and withdrawal:
- Banktransfer
- VISA
- Cryptocurrency
There is a small fee of 3% when depositing with VISA but for all other forms of deposits are completely fee-less. For withdrawals in crypto there is a small fee applied and it varies based on the specific cryptocurrency one wants to withdraw. If you withdraw funds in a FIAT-currency there are no fees applied.
Bittrex Customer Support
In contrast to Bittrex’s first-class security rating, the biggest drawback of the exchange is customer service. It offers a standard FAQ page and a ticketing system but, it’s missing a live chat which is preferred by many traders. Overall we had no problem with the support when we tried, but unfortunately it can be a bit slow.
Our Verdict
Bittrex is a trusted choice if you are looking for a Fiat-Crypto exchange with a large array of altcoins. With recent updates such as their mobile app, it has become one of the most attractive trading options in the cryptocurrency market. It has no controversial features such as margin trading, but everything Bittrex has to offer works extremely well.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Beginner friendly | No unique trading features |
| Great support | |
| 300+ cryptocurrencies |
| ✔️ Beginner friendly ✔️ Great support ✔️ 300+ cryptocurrencies | | Go to Bittrex |