Bittrex
Total reviews 11
No complaints yet
2.7
Unconfirmed company
bittrex.com
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Bittrex exchange is one of the young, but successfully and dynamically developing cryptocurrency trading platforms with favorable conditions.
Cryptocurrency exchange
Official website
Social media
Date of foundation
2015
Head Office
9490, Liechtenstein, Vaduz, Dr. Grass Strasse 12
Types of support
[email protected]ChatHelp CenterTelegramTwitterFacebook
Languages
English
Founder
Tom Albright
The owner of the company
Tom Albright
Manager
Tom Albright
Minimum entry amount
Verified
Cryptocurrency
  • From 0.05 ETH
  • From 0.1 LINK
  • From 0.1 DAI
  • From 0.1 CRO
  • From 1 DOT
  • From 3 ADA
  • From 3.3 USDT / etc.
Fiat
  • Bank card (Visa/MC): from 10 USD
  • Wire Transfer: from 50 USD
Unverified
Cryptocurrency
  • From 0.05 ETH
  • From 0.1 LINK
  • From 0.1 DAI
  • From 0.1 CRO
  • From 1 DOT
  • From 3 ADA
  • From 3.3 USDT / etc.
Fiat
  • Bank card (Visa/MC): from 10 USD
  • Wire Transfer: from 50 USD
Maximum input amount
Verified
Cryptocurrency
No limits
Fiat
  • Bank card (Visa/MC): Up to 10,000 USD
Unverified
Cryptocurrency
No limits
Fiat
  • Bank card (Visa/MC): Up to 10,000 USD
Minimum withdrawal amount
Verified
Cryptocurrency
No limits
Fiat
  • Bank card (Visa/MC): from 10 USD
Unverified
Cryptocurrency
No limits
Fiat
  • Bank card (Visa/MC): from 10 USD
Maximum withdrawal amount
Verified
Cryptocurrency
  • Up to 1 BTC
Fiat
No limits
Unverified
Cryptocurrency
  • Up to 1 BTC
Fiat
No limits
Terminals
Author's platform
Age restrictions
From 18 years
Trading volume per day
169515113 USD
Number of users
No information
Number of cryptocurrencies
301+
Number of trading instruments
654+
Margin Trading
No / Margin trading is not available on the site, but the exchange is working on a new trading mechanism that will allow the use of margin trading and extended order types.
Tokenized assets
On the exchange you can trade tokenized assets of world famous companies, in particular, Amazon, Apple, Tesla, Facebook, Netflix, Google.
Free Demo Account
No
Types of accounts
Execution of orders
Limit Order, Market Order, Ceiling Order, Stop Orders, Stop Limit Order, Trailing Stop, Ladder Limit, Good-Til-Cancelled, Fill-Or-Kill, Immediate-Or-Cancel, One Cancels the Other, Post Only
Methods of replenishment
Bank card (Visa/MC), Cryptocurrencies, Wire Transfer, Sepa
Withdrawal methods
Cryptocurrencies, Wire Transfer, Sepa
Account currencies
Cryptocurrencies
Types of cryptocurrencies
ALGO, Bitcoin, ADA, LINK, Ethereum, Litecoin, DASH, Ethereum Classic, Monero, Zcash, etc.
Mobile applications
There are mobile apps (iOS / Android)
Trader training
User manual
A way to store cryptocurrencies
Cold: YesThe exchange uses a flexible, multi-stage storage strategy to ensure that most funds are kept in cold storage for added security
Hot: no
Fiat accounts
No
Scalping
No
Stop Loss and Take Profit Function
Yes
Exchangeability for fiat currencies
Yes
Platform capabilities
Ability to scale and provide real-time order execution, third-party trading platforms and algorithmic trading through extensive APIs are supported
Safe platform
Bittrex Global uses the most reliable and efficient security technology available
Fast deposits and withdrawals
The exchange supports both new and existing blockchains. There is also a large selection of blockchain technologies and digital tokens that go through a rigorous vetting process
Basic verification
No
Extended AML verification
Regulatory laws
International data protection law
FATF (Financial Action Task Force)
The Exchange operates in the jurisdiction of the legal field of Liechtenstein, as well as the legal field of the EU
API
Read moreBittrex provides a simple and powerful API consisting of REST endpoints for transactional operations and Websocket service
Affiliate Program
RegistrationCommission - 10%
Benefits
User-friendly interface
Quick verification
Simple trading process
Large selection of cryptocurrencies
Fast deposits and withdrawals
Customized trading platform
Availability to work in most countries of the world
One of the safest trading platforms in the world
The Exchange operates under EU and Liechtenstein law
Disadvantages
No fiat currencies
Few payment methods
No direct communication with technical support
There were problems with the withdrawal of earnings and cases of blocking accounts
Company requisites
Overall assessment
8/10
Date of update
27.04.2022
    More on that
    The address is
    9490, Liechtenstein, Vaduz, Dr. Grass Strasse 12

    Bittrex это развод? Reviews and description

    Published: 7 December 2017 Updated: 27 April 2022

    The Bittrex crypto exchange has been operating on the market since 2015, being one of the newest services having to do with crypto assets. Nevertheless, it has gained momentum, constantly increasing the number of its users. Today it can be seen in the TOP-10 of crypto exchanges by the volume of trading. It’s popular in many countries especially in the United States because it offers an impressive selection of cryptocurrencies to deal with – more than 200. In addition to this, the trading platform is reliable, simple and easy to use.

     

    Of course, you’d like to know whether Bittrex is a fraudster or it’s a reliable platform, which ensures safe trading and trouble-free withdrawal of earnings. We’ll answer this question here below.

    Bittrex review

    The ambitious American crypto exchange has already gained the trust of thousands of traders around the world. It’s popular with English-speaking traders and those speaking other languages. The advantage of this crypto exchange is that it offers advanced trading opportunities and guarantees instant execution of orders and a stable and secure withdrawal of funds. A huge plus, which makes it competitive in the market, is its outstanding reliability as well as maximum safety. Thanks to the technology of so-called «cold storage», it’s absolutely impossible to steal funds from traders – all user data is located on servers that do not have a network connection. As for account protection, it’s ensured via a two-factor authentication.

    The main advantage of Bittrix is represented by 260 pairs of digital currencies, including rare digital coins (it gives grounds to compare the exchange with the market leader Poloniex). Here it’s worth noting low commissions, a highly responsive support service and an absolute absence of hacking and theft of traders’ funds in the history of the exchange. What dominates trading on the platform throughout the trading day are operations with Bitcoin (make money on bitcoin’s) and a digital analogue of the evergreen buck – USDT (Tether). Two types of markets are available to traders: Bitcoin and USD. On one market currencies are traded against the US dollar, while on the second one they’re traded against Bitcoin. Other popular digital currencies on the exchange include Neo, Ethereum, Monero, Ripple, Bitcoin Cash, etc. Not every leading crypto exchange can boast such a rich choice of digital coins.

    There’s nothing surprising in the fact that the given crypto platform is so popular with a lot of traders. Well, it’s characterized by a simple interface, which is suitable especially for beginners of crypto trading (read here how to earn on cryptocurrencies). The trading terminal is considered to be one of the most convenient on the market. Among its features one should mention a chart of price dynamics, candles, indicators, a book of orders; here you can get information about orders for the purchase and sale of cryptocurrencies, get familiar with the book of orders and the history of transactions. Another interesting feature on the site bittrex.com is a new service «Lab». It’s a kind of laboratory with a bunch of useful functions: Any2Any Convertor converts cryptocurrencies, Auto-Sell makes it possible to automatically sell the currencies indicated in Bitcoins, the calculator is capable of pre-calculating the amount of profit and loss (this feature is being developed).

    The Bittrex exchange was one of those companies, which applied for a BitLicense license (it’s the license of the New York Financial Services Department, which decided to independently regulate cryptoexchanges). The process turned out to be complicated and time-consuming – the application is still being considered today. The exchange looks quite reliable and protected – for the whole period of its work there weren’t any hacker attacks and thefts of money, which makes it more trustworthy.

     

    Replenishment and withdrawal of funds

    When it comes to replenishment and withdrawal of funds the crypto exchange supports only digital currencies, fiat currencies aren’t supported.  Therefore, to replenish your trading account, you need to initially buy a cryptocurrency. Bitcoin would be the best choice because it trades with all the altcoins, which appear to be analogs of Bitcoin.

    To replenish the account, you need to go to the bittrex.com site in the «Wallets» section, select the necessary cryptocurrency and transfer it from your wallet (or from another crypto service, using exchangers) to a special address. The withdrawal of funds takes place in the same tab. The most common methods of replenishment include:

    • Bitcoin;
    • Ethereum,
    • Litecoin,
    • Dash,
    • Ethereum Classic,
    • Monero,
    • Zcash and others.

    In order to easily withdraw money from the exchange, starting from 2017 all new users of the crypto exchange should undergo a simple and fast verification. The withdrawal is carried out within two days, but more often it doesn’t happen this way, which is confirmed by numerous reviews of traders about the long withdrawal.

     

    Complaints about Bittrex

    The Bittrex exchange is very popular; therefore there are more than enough reviews about it on the web now. Traders positively note its reliability, a rapid verification, a user-friendly interface, a large selection of digital coins, a simple process of trading. The exchange has a reputation of one of the safest services to work in the crypto market.

    Nevertheless, there are enough negative reviews. As a rule, they point to the problem of a long withdrawal of funds, a problematic verification, blocking of accounts without explanation, lack of communication with managers, lack of support of fiat money.

    Regulation of Bittrex

    The Bittrex exchange, LLC is an organization, officially registered in the US. It follows the regulations of the regulatory country. The company collects certain information about its customers and their preferences regarding the resource (AML) in order to improve the service and ensure the most complete identification of the individual. Additionally, this data will help to resolve various issues, prevent illegal activities with the resource (fraud, criminal deeds, terrorism), etc. More information is provided in the «Privacy Policy» section of the Bittrex website.

    The exchange collects data about users using cookies, which allow the company to get a lot of information: about using the site, user actions, personal information, applications, etc. More information about Cookies is available in the «Cookies» section of the Bittrex website.

    Read the Privacy Policy on the Bittrex Exchange website
    Read the Cookies Policy on the Bittrex website

     

    Is Bittrex a scam?

    The Bittrex exchange is currently one of the most popular sites on the market. It’s included in the TOP-10 of crypto exchanges by the volume of trading. The company is all geared up towards becoming a leader in its niche, and it’s dynamically gaining momentum (by the volume of trade operations, the number of users, etc.). In spite of the fact, the crypto exchange still has a minimal work experience, but it already has a lot of regular customers who trust its reliability and security, which allows it to seriously compete with market leaders.

    Many traders around the world prefer this platform to other more popular crypto exchanges due to its convenient and intuitive interface, a variety of options, an informative personal cabinet and a very comfortable trading process. Such an impressive choice of currency pairs, about 260, is another crucial factor that attracts traders and those who prefer trading in rare digital coins on the platform.

    Unlike Poloniex, this platform has never faced any hacker attacks and it greatly contributes to the users’ trust in the service. Being aware of the everlasting exposure to hacker attacks in the cryptocurrency market (learn here whether cryptocurrencies are a scam), the developers of the company implemented the so-called «cold storage» of funds, which does not allow to steal money. This new technology hasn’t failed the exchange yet. Besides this for the protection of traders’ accounts, a two-factor authentication is used.

    The Internet offers a lot of reviews about Bittrex. Among positive moments, traders point to the overall reliability and security of the exchange, the simplicity and convenience of the platform, a large number of digital coins for trading. As for negative feedback, also available on the web, here traders are mainly concerned with a long withdrawal of funds, a long verification and blocking of accounts without explanation, mediocre communication with the technical support.

    Today one should stress that the Bittrex exchange isn’t a fraudster because at the moment it’s working properly, fulfilling its obligations to traders. As a matter of fact, payments are made to users on time, their technical support, the web resource of bittrex com as well as payment systems are always at hand, and there aren’t any mass messages about the theft of money from accounts. So, Bittrex isn’t a scam at all because the keeps dynamically developing. It offers maximum opportunities for crypto trading and ensures reliability and safety of work.

     

    Conclusion

    The Bittrex crypto exchange is a new, already successful and dynamically developing platform. Today it’s very popular around the globe, attracting an increasing number of users with the expanded opportunities for comfortable trading in cryptocurrencies (2018 cryptocurrency forecast). An impressive choice of digital coins for trading also serves as a serious factor that increases interest in the stock exchange.

    One of the greatest advantages of Bittrex is that the site hasn’t been subjected to hacker attacks yet. Despite there are a lot of positive reviews about the company on the Internet, but there are also enough negative points. Let’s hope that the stock exchange is willing to proceed with its dynamic development and its services will be improved. We won’t regard the Bittrex exchange as a scam. By the way, user feedback, we’re waiting for this article, can warn traders of possible issues and even change the exchange’s rating on our web portal.

    Exchange Commission
    51%
    Transaction speed
    55%
    Reliability
    55%
    Technical support
    55%
    2.7

    Reviews

      Bittrex reviews

      11
      Add review
      • Increasing the score
      • In descending order of score
      • New ones first
      • First the old ones.
      • First the popular
    • 2.8
      Rate this review 1
      +1
      0
      Exchange Commission
      60%
      Transaction speed
      60%
      Reliability
      40%
      Technical support
      60%
      Disappointed

      I was a client of the exchange for several years. Bittrex blocked all Russian-speaking accounts when the Ukraine epic began. At first, under the guise of re But in fact it does not work and they themselves in technical support confirmed that there are problems. After a while they were forced to deactivated… Read more

      Pros
      • Comprehensible interface, acceptable commissions
      Minuses
      • Average turnover, slow price movement, average support, politicized site, no many popular pairs
    • 1
      Rate this review 1
      +1
      0
      Exchange Commission
      20%
      Transaction speed
      20%
      Reliability
      20%
      Technical support
      20%
      SCAM, there is no tech support, they...

      SCAM, there is no tech support, they block people all over the world for no reason
      At the exchange since 2018, fully verified, accumulated coins for years! but 2 months ago, just disabled the account, and everything works, comes in and even lets you enter coins! The withdrawal button is not active… Read more

    • 1.8
      Rate this review 0
      +1
      0
      Exchange Commission
      40%
      Transaction speed
      40%
      Reliability
      20%
      Technical support
      40%
      They turned off my account because I'm...

      They turned off my account because I’m from Ukraine. They won’t let me withdraw my money, crooks.

      • visitor Zagalsky Vitaly 24 November 2020 в 11:25
        Evaluate the answer. 0
        0

        and I can’t get it out (have you still not received your money?

      • Alexei Zagalsky Vitaly 16 December 2020 в 20:49
        Evaluate the answer. 0
        0

        Similar situation. The crypto was transferred, but the usd are still hanging there without any way to do anything with them…

      • Artem Zagalsky Vitaly 18 December 2020 в 22:12
        Evaluate the answer. 0
        0

        The same situation in support replied Thanks for your patience and apologize for the delay. We are still looking into this issue and will reply here with an update as soon as possible.

      • Valerii Korzhyk Zagalsky Vitaly 28 January 2021 в 20:00
        Evaluate the answer. 0
        0

        I have the same thing. I’ve been corresponding with them for four months now, and it’s no use. They don’t return the money. They undermine trust in all American cryptocurrency exchanges. Already withdrew all the capital from other American exchanges as well, just in case. They are freaks. And they deserve to retaliate. But unfortunately, I don’t know how else to hurt them. It is difficult to do it from Ukraine.

    • 3.5
      Rate this review 0
      +3
      0
      Exchange Commission
      60%
      Transaction speed
      80%
      Reliability
      60%
      Technical support
      80%
      If you are on Bitrex and your...

      If you are on Bitrex and your account is still miraculously not blocked, then:
      1) urgently withdraw in small installments (especially for those who have more than 1 BTC in their account).
      2) At the output set the order to sell all the coins you trade — let them hang during withdrawal.
      3) don’t exceed… Read more

    • 3.3
      Rate this review 0
      +1
      0
      Exchange Commission
      60%
      Transaction speed
      80%
      Reliability
      60%
      Technical support
      60%
      The exchange has suddenly changed the rules...

      The exchange has suddenly changed the rules of verification, without warning in advance. Now you need a passport and a photo with it and a sheet with the inscription bitrexglobal and the date in 3 angles. And until you do that, the account is blocked. And if you don’t have a passport and the ability… Read more

    • 3.5
      Rate this review 0
      0
      0
      Exchange Commission
      60%
      Transaction speed
      60%
      Reliability
      100%
      Technical support
      60%
      The project does not pay under various...

      The project does not pay under various excuses, in particular, no referrals be careful

    • 3.5
      Rate this review 0
      -1
      0
      Exchange Commission
      60%
      Transaction speed
      60%
      Reliability
      60%
      Technical support
      100%
      Withdraw quickly and without risk to you...

      Withdraw quickly and without risk to you and your money! No prepayment, for questions [email protected]

    • 2.3
      Rate this review 0
      0
      0
      Exchange Commission
      60%
      Transaction speed
      40%
      Reliability
      60%
      Technical support
      20%
      Skam project, VKontakte also scam with a...

      Skam project, VKontakte also scam with a green dinosaur asking for a commission for withdrawal, a scam in general

    • 1.3
      Rate this review 0
      0
      0
      Exchange Commission
      20%
      Transaction speed
      20%
      Reliability
      40%
      Technical support
      20%
      Blocked my account without explanation It is...

      Blocked my account without explanation
      It is impossible to withdraw money
      I don’t recommend it to anyone, they are just scammers.

    • 4
      Rate this review 0
      -3
      0
      Exchange Commission
      60%
      Transaction speed
      80%
      Reliability
      80%
      Technical support
      100%
      Excellent exchanger, I've been earning with it...

      Excellent exchanger, I’ve been earning with it for a long time, no complaints)

    • 2.8
      Rate this review 0
      0
      0
      Exchange Commission
      60%
      Transaction speed
      60%
      Reliability
      60%
      Technical support
      40%
      Bittrex is a complete scam....scam....money can be...

      Bittrex is a complete scam….scam….money can be deposited but not withdrawn….only verified users can withdraw….no verification now…and support is silent… The ticket ( Request #782555 ) hangs for a very long time … and I am not the only one … read the forums

      • Dmitry Savelyev Paul 26 December 2017 в 14:48
        Evaluate the answer. 0
        0

        Eh, dear man, what kind of scam are we talking about? Yesterday the exchange came out on top in the world in terms of volume. It is true that only verified users can withdraw. Verification is automatic in 5 minutes with a Russian passport. Verification through a ticket can take a long time, up to a month, but it’s stupid to talk about a scam.

      • Mareks Dmitry Savelyev 18 December 2019 в 13:18
        Evaluate the answer. 0
        0

        The trouble is that verification can be lost at any time. And your account becomes disable.
        Especially now that Bittrex has become Bittrex global

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