Table of Contents
About Bittrex
Bittrex Global is one of the most secure trading platforms in the world. Built on Bittrex’s cutting-edge technology, they provide an institutional grade experience for professional and novice customers alike.
Bittrex is a US based exchange founded in 2013 and headquartered in Seattle Washington. The company was founded by Bill Shihara, Richie Lai and Rami Kawach, all three previously worked at Microsoft.
Information Table
| Exchange Name | Bittrex |
| Exchange Service | Spot and futures trading |
| Exchange Launch Year | N/A |
| Made In | Singapore |
| Mobile App | Android & IOS |
| Fiat Option | Available |
| KYC | Required |
| 2FA Security | Available |
| Taker Fees | 0.75% |
| Maker Fees | 0.75% |
| Referral Program | Up to 10% of the commission |
| Support | Email & Live Chat Option Available |
| Official Website | Click Here To Visit |
How To Register At Bittrex Exchange ?
You only need to enter your e-mail and come up with a password. If there is a referral code, it is also entered at this stage. Password requirements: at least 8 characters, numbers, upper and lower case.
Click ” Create Account ” then go to your email to verify it. Enter the code you received and registration is complete. You can start replenishing your account.
To register on Bittrex, click Register Now button at the top of the page. You can also start creating an account directly through the form on the main page.
How To Verify Your Bittrex Account ?
There is no mandatory verification at Bittrex, but you can pass it if you wish. At the moment, the only restriction imposed on unverified users is the withdrawal limit of 2 BTC per day. In the future, depending on the actions of regulatory authorities, conditions may change.
For verification, you can use one of four documents to choose from: passport, driver’s license, identity card or residence permit. Artificial intelligence is used to evaluate the authenticity of documents. This service is provided by the Onfido online identification service, already used by the Bitstamp, Revolut platforms.
How To Buy Crypto Or Deposit Crypto At Bittrex Crypto Exchange ?
There are two main options for topping up your balance on Phemex. Firstly, you can buy cryptocurrency with a bank card – it’s fast and convenient. Go to the ” Buy crypto ” -> ” Buy crypto with a credit card ” section.
Choose a cryptocurrency (currently there are 13 coins available for purchase in this way). Enter the amount and select the fiat currency to be used for payment.
After that, you will need to select a payment channel: each of them has conditions. You can choose between Simplex, Mercuryo, Banxa and Moonpay. Click ” Buy ” next to the appropriate option.
Agree to the terms and confirm the transition to the site of the payment provider. Enter information about the card and its owner, confirm the transaction. Cryptocurrency will be credited to the exchange account within a few minutes.
Second Method
You can transfer digital assets to the balance of the exchange from any external crypto wallet. For this:
- Go to the “Deposit” section from the “Assets” menu.
- From the drop-down list, you can select the cryptocurrency you want to deposit into your account.
- The wallet address will appear. You need to copy it and send funds to it from another wallet or exchange. Please note that only bitcoin can be sent to bitcoin addresses, similarly with other coins.
- You can also click “Show QR code” – for transfers from a mobile wallet, this is a more convenient option.
How To Withdraw Crypto Asset From Bittrex Exchange ?
Having completed all the necessary trading operations, it’s time to withdraw the received assets to an external wallet. Go to ” Assets ” -> ” Withdraw “. Please note that the operation is only available after enabling two-factor authentication in the settings. This is for added security and requires less than a minute, so don’t neglect this measure.
Select a cryptocurrency and enter the withdrawal amount. Each coin has its own withdrawal fee, for example, for BTC it is 0.00057 BTC. Click ” Output “. By default, the exchange processes applications three times a day, however, hourly withdrawals are available for Premium users. Also, the time of receipt of the cryptocurrency is affected by the workload of the blockchain network.
How To Secure Your Bittrex Account ?
Also remember to go to the Security tab and activate two-factor authentication using the Google Authenticato
Trading fees
Bittrex Global offers its customers some of the lowest trading fees in the industry. The trading fee schedule below provides the applicable rates based on the customer account’s total 30-day volume.
Bittrex Global customers benefit from a fee schedule that offers lower rates as users trade more. The more you trade, the more you save.
Trading fees are incurred when an order executes or (“filled”) on the Bittrex Global matching engine. The buyer and the seller are each charged a fee based on the total price of the executed order. The fee (commission) charged by Bittrex Global on each executed trade is calculated by taking the (amount * purchase price rate) for the given trade. There are no fees for placing an order which does not execute.
Fees vary by the currency pair being traded, your total 30-day trading volume, and whether the order filled is a maker or a taker. Bittrex Global reserves the right to change the commission rates at any time, such as temporary incentive programs.
How is my 30-Day Volume calculated?
Bittrex Global calculates the 30-Day Volume on a daily basis, updating each account’s volume calculation and trading fee schedule between the hours of 00:30 UTC and 01:30 UTC each day.
You can check your current 30-Day Volume by logging in and navigating to Account > My Activity.
Features
Secure Platform
Bittrex Global employs the most reliable, effective security technologies available. We leverage an elastic, multi-stage holding strategy to ensure that the majority of funds are kept in cold storage for additional safety. The platform enables two-factor authentication for all customers and provides a host of additional security features to provide multiple layers of protection. Security is always first priority.
Built Trading Engine
The custom trading engine was designed to be scalable and to ensure that orders are executed in real time. They also support third-party trading platforms and algorithmic trading via our extensive APIs.
Fast Deposit Withdraw
The highly efficient and automated monitoring platform allows us to provide customers with the fastest transactions available today. This includes updates on balance, trade and holding information.
Driving Inovation
They are committed to supporting both new and established blockchains. They seek to provide customers with an ever-growing selection of blockchain technologies and digital tokens, and all new digital tokens listed on the trading platform must complete a rigorous review process.
Security First
When choosing an exchange, trust matters. That’s why security has been and will always be our top consideration. The platform was built from the ground up with multiple layers of protection, deploying the most effective and reliable technologies to keep funds and transactions secure.
Fast, Robust Technology
The trading engine was custom-built for scale and speed to facilitate real-time order execution under heavy demand. They support third-party trading platforms and algorithmic trading via our extensive APIs.
Currencies and Payment Methods
Identity verified customers (personal or corporate) operating outside the United States or in one of the following US states/territories are eligible for US Dollar trading, deposits, and withdrawals:
Alabama , Alaska, Arizona, Arkansas, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana ,Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Missouri, Mississippi, Michigan, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Texas, Utah, Washington State, Washington, D.C., Wisconsin, West Virginia.
USD deposits and withdrawal are done through wire only. Accounts that aren’t eligible for USD trading can still use stablecoins like USDT (Tether). Over 400 altcoins are available for trading against Bitcoin, Ethereum, USD and USDT.
Bittrex’s affiliate program
Bittrex offers a standard referral program, under which each user can invite other users to the crypto exchange and receive income from their trading. Here are the terms of the referral program:
- After registering and confirming the data in your personal account of the web terminal or mobile application, you get access to the referral link.
- You can post this link in any closed or open-source application to attract clicks.
- Each user who follows your link and registers with the crypto exchange website will bring you income.
- The crypto exchange will pay you 10% of the commission fees of your referral for all trading operations.
There is no limit on the number of referrals, and you can invite as many users as you want. This is a single-level program, which means that you only receive income from those users whom you have personally invited. But not from the trade of users invited by your referrals. The program is not limited in time, that is, you receive income for as long as your referral trades on this crypto exchange.
Available At Android & IOS Store
Bittrex exchange application available on both world famous mobile store google play store and iOS store . You Can download App and start trading .
Mind Blowing Design
They’ve done a great job with making the homepage easy to navigate. The only drawback is that, with the white background, it can be hard on your eyes. Other than that, you’ll find their charts and trade tools easy to use if you’re already familiar with Tradingview.
Conclusion
The Bittrex exchange is listed on sites like CoinGecko and CoinMarketCap. You’ll find high trading volumes, especially for futures. With a premium account, you can save a lot of money when buying it for one year; at the same time, all commissions for spot-trading will be waived. If you’re unsure about anything, there’s always a test platform that offers virtual assets. On the user doesn’t have to go through any verification; however, we recommend it if you want full functionality and many bonuses.
