Bittrex Exchange ReviewCentralized
Bittrex is a cryptocurrency exchange or digital asset exchange that was founded in 2013 by three business partners, including Bill Shihara. Prior to launching Bittrex, they were involved at Microsoft as security professionals – something a Bittrex exchange review reveals has rubbed off on security practices at this cryptocurrency exchange. This US-based outfit with headquarters in Seattle, Washington, seems to be at the top of their game in terms of industry-leading security practices.
A Bittrex exchange review also reveals that this cryptocurrency exchange is not a regulated exchange in terms of US security laws. Nonetheless, they seem to embrace self-regulation and have made a U-turn in terms of their former practice to list as many cryptocurrencies as possible. This is evident in the de-listing of no less than 82 cryptocurrencies that were said to be in violation of Bittrex’s listing requirements.
Bittrex and two other crypto exchanges were prompted to temporarily halt new registrations during the 2017 crypto bull market. A Bittrex exchange review reveals that this happened in December 2017 and that new registrations were only allowed on April 10, 2018 again. This is after Bittrex was forced to upgrade both their website and infrastructure to be able to handle the volume of new registrations.
Bittrex can today be described today as an advanced digital asset exchange with an international customer basis. Bittrex International seems to operate within the regulatory framework created by the European Union (EU) and the regulatory authorities in Malta (e.g. the VFA Act, short for Malta Virtual Financial Assets Act).
24h Trading Volume6473.240 BTC
Bittrex Exchange Review
Bittrex intention is to not make any profits on withdraws. However, each coin has a network transfer fee that is built into the coin. This means that they must charge a small amount to cover this fee. You can view the fee for a coin by clicking thenext to the coin on Bittrex exchange to bring up the withdraw window which shows the fee.
Bittrex Trading fees
All trades have a 0.25% commission.
Accepted Payment MethodCrypto to Crypto only