Cryptos Land: Bittrex Exchange

Tuesday, 26 September 2017

Bittrex Exchange

Bittrex is widely known crypto currency exchange that offers trading pairs in Bitcoin, Ethereum and USDT. Based and incorporated in USA, Bittrex boast itself as the first exchange to apply for New York Bitlicense's allowing the exchange to serve users in New York.

Pros
- Easy sign up process
- Very helpful support staff
- Very low trading fees
- Host dozens of crypto currencies pair to diversify your portfolio
- Ability to request paper copies
- Hardly hangs or freezes
- On price graph you can use different trading tools before making an investment
- House one the biggest Ethereum markets
- Have own slack community

Also See : Only Takes A Fake News For Kraken To Get Down And Bittrex To Get Slow

Cons
- Can have captcha issues. (Picture Proof)
- You can not make a withdrawal without providing your phone number if you have registered with Bittrex after 08/01/2017
- High Bitcoin withdrawal fees for small traders even though transactions are send in batches
- Sometimes get slow due to heavy traffic
- Even though support staff is helpful, your query might take a week to be answered
- Some trading pairs might be shutdown for an unannounced maintenance.

However despite its various cons, Bittrex ranks among the top 10 cryptocurrency exchange in terms of 24 hour volume.
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