Bittrex review 2019

Is Bittrex a good exchange?

Cryptocurrency traders looking for a solid exchange with US dollar deposits and low trading commission may find Bittrex to be a good choice.

Deposit fees

Withdrawal fees

Trading commission

Accepting US citizens

None
Depends on the
cryptocurrency
0.25%
Yes

Bittrex is a US-based exchange that offers a large selection of cryptocurrencies to trade. It uses four main currencies BTC, ETH, USDT and USD with which you can buy or sell digital currencies. However, Bittrex comes with a slow verification process that may turn some customers off.

What kind of platforms does Bittrex offer?

Bittrex offers a web-based trading platform, which comes with advanced charting tools and fast execution. Unfortunately, Bittrex doesn't have a mobile or a desktop app.

Standout features

  • No deposit fees. Depositing funds won't incur any fees.
  • USD deposits. Aside from cryptocurrencies, you can deposit US dollars.
  • A vast number of cryptocurrencies to trade. Bittrex offers the most popular cryptocurrencies to trade and it offers a large selection of altcoins as well.

Watch out

  • Long verification process. To be able to withdraw your funds, you must verify your ID. This means a copy of an ID document, such as passport or drivers license is required for this procedure.
  • Can't withdraw US dollars. As of this writing, Bittrex doesn't allow withdrawal of fiat currency.

What can I trade with Bittrex?

  • Cryptocurrencies

How do I signup with Bittrex?

  1. Go to the Bittrex website.
  2. Click Sign up.
  3. Open an account.
  4. Deposit funds.

Bottom line

Bittrex is a popular cryptocurrency exchange that lets you deposit US dollars. You can trade a variety of cryptocurrencies on their web-based platform. However, you have to verify your account to withdraw funds. But even verified, you won't be able to withdraw US dollars.