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Bittrex

Name: Bittrex

 

Founded in: 2014

 

Bittrex is a US crypto exchange founded by three security engineers with experience in such companies as Amazon, Blackberry, Microsoft. The main principles of the platform are security, fast work and innovation.

 

Main cryptocurrencies: BTC, ETH, USDT

 

Referral system: none

 

Encryption: SSL for website

 

Personal token: none

 

Payment systems: works with USD since May 21, 2018

 

Applications: none

 

Features

 

  • Bittrex may limit the number of users' registrations because of high demand. During this period, the registration is available only for corporate clients and for private clients at the invitation.
  • A wide range of technical indicators on the platform that can be convenient both for beginners and experienced traders.
  • Bittrex security service monitors suspicious accounts and activity. If a user or a group of users is suspected of manipulating the market or other illegal activities, their accounts may be frozen and data may be forwarded to the law enforcement agencies.

 

Fees

 

  • Trading fee is 0,25% of the profit.
  • No deposit fees.
  • Withdrawal fee depends on a cryptocurrency.

 

Security

 

  • About 90% of customers' digital assets are stored in a "cold" storage.
  • Two-factor authentication is available but not obligatory.

 

Privacy

 

  • Verification is optional, but necessary for money withdrawal.
  • There are two verification stages.
  • In order to verify their account, a user has to specify personal data and provide scans of their documents and photo.
  • Bittrex security service checks all verification requests manually. This process may take several days.
  • Users without 2FA can withdraw no more than 1 BTC (or the equivalent in other cryptocurrencies) per day. Enabled 2FA allows clients to withdraw up to 100 BTC per day.

Name: Bittrex

Since: 2014

Main cryptocurrencies: BTC, ETH, USDT

 
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