Bittrex is a US-based cryptocurrency exchange founded in 2013. It is one of the most popular cryptocurrency exchanges. It also offers a free online wallet with a great number of supported altcoins. According to CoinMarketCap, Bittrex is in the 58 place among all cryptocurrency exchanges by adjusted volume and 10th by the number of markets (350).
Bittrex is probably one of the most advanced crypto exchanges on the market today. It provides users with the fastest transactions available. This includes updates on balance, trade, and wallet information: not so long ago Bittrex team confirmed margin trading testing.
Supported currencies: Bittrex offers cryptocurrency and fiat trading. It currently lists hundreds of coins and also offers users hundreds of cryptocurrency trading pairs. If you plan to participate in US Dollar (USD) markets your account must be verified. Customers that live outside the United States are eligible for US dollar markets.
Bittrex accounts: you can see 4 categories of accounts on Bittrex: New/Unverified, Basic Verified, ID Verified (without 2FA), and ID Verified accounts (2FA activated) . New and unverified accounts are unable to initialize any BTC withdrawals, with Basic Verified accounts, the limit is $3000 per day.
For the ID Verified accounts without 2FA, the daily withdrawal limit is 1 BTC per day. For ID Verified accounts with 2FA you can withdraw up to 100 BTC per day.
Fees: the exchange charges a 0.25% flat fee on all trades. The fee is taken from the profits of the trade itself. If, however, any part of the order has not been completed, the funds are returned to the user upon the cancellation of the order. The minimum trade size on Bittrex is 0.001 BTC.
Moreover, Bittrex changes no fees for deposits. Bittrex only charges a small fee for withdrawing your funds.
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Bittrex also doesn’t charge fees for USD both for deposits and withdrawals. You will still need to check your bank as they may charge a fee to send and receive your funds.
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