BITTREX GLOBAL-1234317356063

⭐Features	Details
⭐Exchange Name	BITTREX GLOBAL
⭐Founded in	2014
⭐Registered in	Seattle
⭐Cryoptocurrencies	250+
⭐Trading Fees	Maker 0.00%-0.10%, Taker: 0.05%-0.15%
⭐24-hour trading volume	$200 million
⭐Customer Support	Online Chat, Email, Ticket Supports

What is BITTREX GLOBAL？

BITTREX GLOBAL established in 2014 and is based in Seattle. It offers access to over 250 cryptocurrencies for trading. The trading fees are reasonable, ranging from 0.00% to 0.10% for makers and 0.05% to 0.15% for takers. With a robust 24-hour trading volume of around $200 million, it's clear that this platform sees significant trading activity.

Pros and cons

BITTREX GLOBAL excels in these areas:

• Supporting over 250 cryptocurrencies, one of the widest selections of any exchange.

• Competitive fees, especially for high-volume traders.

• User-friendly interface that is easy to use for beginners and experienced traders alike.

• Mobile App offered, allowing you to trade on the go.

BITTREX GLOBAL lacks these areas:

• Lacking regulation from significant authorities, which might worry users.

• Has been hacked in 2019 and over $30 million worth of

  cryptocurrency

  was stolen.

• Slow customer support has been criticized by large number of users.

• Not available in all countries, which means some traders might be restricted due to the exchange not being accessible in all countries.

• No fiat currency deposits, which means that you will need to buy cryptocurrency with another cryptocurrency or through a third-party service.

• No margin trading options offered

Pros	Cons
Over 250 cryptocurrencies available	Not regulated
User-friendly web-based and mobile app trading platforms	Negative feedback of slow customer support
Competitive fees	No margin trading
	Once was hacked
	No fiat currency deposits allowed
	Not available in all countries

Regulation

Unlike Binance and Coinbase, Bittrex Global doesn't have the same kind of big regulatory support. This makes some users worry about the safety of their money and how well Bittrex Global can protect it. Regulation is crucial for exchanges. It ensures transparency, security, and fairness, building trust among users. It stops fraud, money laundering, and illegal actions. Regulated exchanges offer better protection and problem-solving for customers.

Security

Bittrex Global has extra protection called two-factor authentication (2FA) with U2F. U2F is even safer than regular 2FA because it uses a physical security key, not just a phone code. This makes it really hard for hackers to break through 2FA on Bittrex Global. Also, Bittrex Global stores the majority of its user funds in cold storage, away from the internet. This makes it super tough for hackers to get the money.

Cryptocurrencies available

There are over 250 cryptocurrencies listed on the Bittrex Global Exchange, including a wide variety of coins, from popular cryptocurrencies like Bitcoin and Ethereum to newer coins like Solana and Cardano.

Here are some of the most popular cryptocurrencies listed on Bittrex Global:

• Bitcoin (BTC)

• Ethereum (ETH)

• Tether (USDT)

• Binance Coin

  (BNB)

• Solana (SOL)

• Cardano (ADA)

• XRP (XRP)

• Dogecoin (DOGE)

• Terra (LUNA)

• Avalanche (AVAX)

You can find the full list of cryptocurrencies available on the Bittrex Global right here: https://global.bittrex.com/explore.

Bittrex Global has a reputation for being one of the fastest exchanges to list new coins. The exchange has a streamlined token approval process that can take as little as 2 weeks for projects built on Ethereum, Polkadot, Stellar, Cosmos, and Tron blockchains. In 2021, Bittrex Global listed over 100 new coins, more than any other exchange. This includes popular coins like Solana, Cardano, and Avalanche.

How to open account on the BITTREX GLOBAL exchange？

The registration process of BITTREX GLOBAL is straightforward and can be completed in six simple steps.

1. Visit the BITTREX GLOBAL website and click on the “Sign Up” button to begin the registration process.

2. Enter your email address and create a strong, unique password for your account.

3. Verify your email address by clicking on the confirmation link sent to your email.

4. Provide your personal information, including your full name and date of birth.

5. Complete the identity verification process by uploading the required documents, such as a valid government-issued ID.

6. Once your identity verification is successful, you can start funding your account and begin trading on BITTREX GLOBAL.

Other Services

Bittrex Global for Individuals:

• Bittrex Global for Individuals: A user-friendly platform for individual cryptocurrency traders, offering access to a wide range of cryptocurrencies and trading pairs.

• One-Click Staking: Simplifies staking activities, allowing individuals to lock up cryptocurrencies and potentially earn rewards effortlessly.

• Bittrex Global Credits: Loyalty or rewards points that users can accumulate while trading, offering benefits like fee discounts and promotions.

• Referral Programme: Allows individuals to earn rewards by referring new users to the platform, receiving bonuses or commissions based on referred users' trading activity.

• VIP Programme: Offers various tiers of benefits for the most active and loyal users, including lower trading fees, priority customer support, and exclusive features.

Bittrex Global for Institutions:

• Corporate Accounts: Tailored accounts for institutional clients, providing advanced trading features, enhanced security, and support for high-volume trading.

• Exchange Partnership Programme: Allows institutions to collaborate with Bittrex Global on various levels, including liquidity provision, technology integration, and market access.

• Corporate Premium Programme: Likely offers premium services and features for institutional clients, such as dedicated account managers, custom trading solutions, and enhanced security measures to meet their unique requirements.

How to buy Cryptos？

Buying cryptocurrencies on Bittrex Global involves several steps:

Create and Verify Your Account:Start by signing up for an account on Bittrex Global. You'll need to provide your email address and create a password. After signing up, complete the verification process, which typically requires submitting identification documents like a government-issued ID and sometimes proof of address.

Secure Your Account:It's essential to secure your account for safe trading. Set up two-factor authentication (2FA), usually involving linking your account to a mobile device and using a time-based one-time password (TOTP) app.

Deposit Funds:To buy cryptocurrencies, you first need to deposit funds. Log into your account and navigate to the “Wallets” section. Choose the currency you wish to deposit (such as USD, EUR, or BTC) and click on the “Deposit” button. Follow the instructions to transfer funds from your bank or another wallet to your Bittrex Global wallet. Keep in mind that available deposit methods and supported currencies can vary.

Buy Cryptocurrencies:After your deposit is confirmed, head over to the “Markets” section to find the cryptocurrency you want to buy. Click on the market for your chosen cryptocurrency (for example, BTC-USD for buying Bitcoin with US Dollars). In the trading section, decide between placing a market order (buying at current market prices) or a limit order (setting a price at which you're willing to buy). Enter the amount you wish to purchase and confirm your order.

Manage Your Investments:Your newly purchased cryptocurrencies will be stored in your Bittrex Global wallet. You can choose to keep them there, transfer them to another wallet, or use them for trading.

Stay Informed:Keep track of market trends and your investments. Utilize the tools and resources provided by Bittrex Global to make informed decisions.

Withdrawal (If Needed):If you decide to withdraw your funds, go to the “Wallets” section, select the currency to withdraw, click on the “Withdraw” button, and complete the process to transfer it to an external wallet or bank account.

Remember, investing in cryptocurrencies involves risks, and it's important to invest responsibly and in compliance with local regulations and tax obligations.

Fees

Bittrex Global figures out your 30-Day volume every day and updates your trading fee plan between 00:30 UTC and 01:30 UTC. You can see your 30-day volume by logging in and going to Account > My Activity.

30-day volume (USD)	Maker	Taker
$0 - $100K	0.10%	0.15%
$100K - $1M	0.05%	0.10%
$1M - $10M	0.03%	0.08%
$10M - $60M	0.00%	0.05%
$60M+	Contact us about our VIP Programme (for individuals) and Corporate Premium Programme (for corporates)

When you do instant buy/sell on Bittrex Global, they usually add around 0.9% spread for stablecoin trades and about 1.75% for other cryptocurrencies. Remember, the actual spread can change depending on the market and it might be higher or lower. Bittrex Global can also choose to add or remove markets as they see fit.

Deposit & Withdrawal

Bittrex Global doesn't ask for any fees when you deposit money. But note that for some tokens or coins, they might need to move your funds to another place before you see them in your account. When they move it, the coin or token's network will charge you a regular fee for the transfer, and Bittrex Global can't avoid that.

When you withdraw a token or coin from Bittrex Global and it comes with its own network transfer fee, they'll charge a small withdrawal fee. You can see the network fee by clicking the withdraw button for each token or coin on the withdrawal window.

Educational Resources

Bittrex offers a limited set of educational resources aimed at assisting users in understanding cryptocurrency trading and related topics. These resources typically encompass:

• Basic Guides and Tutorials: Bittrex provides a modest collection of guides and tutorials. These materials are primarily geared towards helping users, particularly those new to cryptocurrency trading, in navigating the platform, executing trades, and managing their accounts.

• Limited Market Insights: Users can find some market insights and analysis, though these resources may be less comprehensive compared to other platforms. They offer a basic overview of current trends and developments within the cryptocurrency market.

• Basic FAQs and Knowledge Base: Bittrex maintains a simple FAQ section and knowledge base. These resources address common questions about the platform's functionalities, security measures, and general usage.

• Fundamental Security Guidelines: Bittrex emphasizes the importance of security in cryptocurrency trading, but its resources on this topic may be relatively limited. Users can expect guidance on basic security measures like setting up two-factor authentication (2FA) and recognizing potential security risks.

• Introductory Cryptocurrency Information: Bittrex provides some introductory content explaining the fundamental concepts of cryptocurrencies and blockchain technology, but it may not offer extensive educational materials on these topics.

• Basic Trading Strategy Information: Users can access introductory content on different trading strategies, including day trading, swing trading, and long-term investing. However, the depth of information on these strategies may be limited.

• Minimal News and Updates: Bittrex offers some news articles and updates related to the cryptocurrency market, regulatory changes, and platform enhancements, but the coverage may not be as comprehensive as some other sources.

Please be aware that the extent of educational resources can vary significantly among cryptocurrency exchanges. Users interested in more in-depth educational materials should consider exploring additional sources or platforms that provide more comprehensive resources to meet their learning needs.

Customer Support

BITTREX GLOBAL offers online chat, email and support tickets to help users with their questions. However, some people have complained about the slow customer support. They say it can take weeks or even months to get a response from the support team.

Is BITTREX GLOBAL a Good Exchange for You？

BITTREX GLOBAL appears to be a good exchange for the following traders:

Traders who want to trade with a user-friendly exchange with advanced trading platforms offered

Traders who want to trade with low fees

Traders who are interested a big selection of cryptocurrencies for trading

Has BITTREX GLOBAL experienced any controversy？

Yes, Bittrex Global has experienced some controversy in the past.

In 2019, the exchange was hacked and over $30 million worth of cryptocurrency was stolen. Bittrex Global reimbursed all of the affected users, but the hack raised concerns about the security of the exchange.

In 2020, Bittrex Global was fined $10 million by the Commodity Futures Trading Commission (CFTC) for violating anti-money laundering regulations. The CFTC found that Bittrex Global had failed to properly implement customer identification procedures and had allowed users to trade on the exchange without verifying their identities.

Compare BITTREX GLOBAL with other exchanges

Exchange	Trading Fees	Number of Cryptocurrencies	Regulation Status
Bittrex Global	Maker: 0.00%-0.10%, Taker: 0.05%-0.15%	250+	Unregulated
Binance	Standard: 0.1%, VIP rates available	472	Regulated
Coinbase	Variable, includes spread	Over 240	Regulated
Kraken	Variable, includes spread	Over 185	Regulated (Various global jurisdictions)

User Reviews

Alex Williams

Aug 5, 2023

I'm loving BITTREX GLOBAL! The security here is tight - they've got my back. The interface is smooth, easy-peasy to use. Plus, the variety of cryptocurrencies is like a candy store for traders. Deposits and withdrawals？ Lightning fast. And their customer support？ Bam! Quick and helpful. Fees are reasonable, and I'm totally digging the privacy measures. It's my go-to for trading!

Sarah Johnson

Jul 12, 2023

“Ugh, BITTREX GLOBAL is a mixed bag. Sure, they talk about security, but sometimes I wonder. The slow customer support – I've aged waiting for responses. And fees, they could be friendlier. Also, liquidity isn't always great. Heard some privacy concerns too. My orders？ At times, it feels like throwing darts. Not the most stable exchange out there. ”

Conclusion

To sum it up, Bittrex Global offers over 250 cryptocurrencies to trade with user-friendly platforms and competitive fees. However, it lacks regulation, had past security issues, and doesn't support fiat deposits. Also, no margin trading and mixed feedback on customer support. Keep in mind, it's not available in all countries. So, choose wisely based on your needs and preferences.

FAQs

Q: How can I register an account on BITTREX GLOBAL？

A: To register an account on BITTREX GLOBAL, you can visit their website and click on the “Sign Up” button. Follow the steps to provide your email address, create a password, verify your email, and provide your personal information for identity verification.

Q: What are the trading fees on BITTREX GLOBAL？

A: BITTREX GLOBAL charges trading fees based on a tiered fee schedule, which takes into account a user's 30-day trading volume. The fees range from 0.25% to 0.1% depending on the trading volume. These fees are competitive and may vary from other exchanges.

Q: How can I deposit and withdraw funds on BITTREX GLOBAL？

A: To deposit funds, you can use either cryptocurrencies or fiat currency. Cryptocurrency deposits can be made by transferring the desired cryptocurrency from an external wallet. Fiat currency deposits can be made through wire transfer or credit/debit card, depending on the options available in your location. For withdrawals, you can withdraw cryptocurrencies to external wallets or initiate a withdrawal request for fiat currency to be sent to your linked bank account.

Q: What educational resources does BITTREX GLOBAL provide？

A: BITTREX GLOBAL offers a range of educational resources, including trading guides, video tutorials, and webinars. These resources cover various topics such as fundamental and technical analysis, trading strategies, and risk management. They aim to enhance traders' knowledge and help them make informed trading decisions.

Q: Does BITTREX GLOBAL have customer support？

A: Yes, BITTREX GLOBAL provides customer support to assist users with their inquiries and concerns. You can reach out to the customer support team through email, live chat, or a support ticket system. The availability of the customer support team and supported languages may vary, so it's best to check the official BITTREX GLOBAL website for specific information.

Q: Who is BITTREX GLOBAL suitable for？

A: BITTREX GLOBAL can be suitable for various trading groups. It offers a wide range of cryptocurrencies and advanced trading features, making it suitable for experienced traders. It also provides educational resources and user-friendly tools, which can benefit beginners. Additionally, its emphasis on security can appeal to security-conscious traders. The multi-language support and community support platforms make it attractive to global and community-oriented traders. Ultimately, suitability depends on individual preferences and requirements.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.