Bittrex Review


Cryptocurrency has revolutionized the ways people invest and use their money. Cryptocurrency exchanges facilitate their customers to buy, sell, or exchange cryptocurrencies. A number of cryptocurrency exchanges emerged with the passage of time, but to find an authentic one is still an enigma. Bittrex is such an online platform as accompanies trust and peace of mind for modern-day crypto traders. In our Bittrex Review, you will find out more about this crypto exchange.


Bittrex Home
Bittrex Home

What is Bittrex?

Bittrex is one of the most popular technology providers and crypto-to-crypto trading exchanges of the world furnished for fast trading performance, reliable digital wallets, and remarkable security practices. As a digital currency exchange, Bittrex offers spot market trading involving different digital currency and fiat markets. Since its set up in 2014, Bittrex is serving traders and investors regarding various types of pairs and different assets. Its main focus is to bring innovations into the cryptocurrency world and integrate cryptos into everyday life.

Bittrex is amongst the leaders of the blockchain revolution and was designed for an excellent user-friendly experience. The goal of the company is to run a cryptocurrency exchange with world-class quality having a special focus on security and trust. Bittrex’s mission is to move the blockchain industry forward by promoting innovation, rendering growth to technology, and bringing transformative change. It suits corporate and retail investors because of a wide range of cryptocurrencies, high-level security, and comparatively low fees.

Is Bittrex Safe?

Is Bittrex Safe? is one of the most important questions asked by crypto traders. Bittrex Global is governed by world-class financial systems regulations in Liechtenstein and Bermuda. In Bermuda, Bittrex functions under DABA (Digital Asset Business Act) while in Liechtenstein it operates under the “Blockchain Act” (Transactions Systems Based on Trustworthy Technologies Act) and the supervision of FMA (Financial Market Authority). Bittrex Global is licensed by the BMA (Bermuda Monetary Authority) and its registration number is 55591. Moreover, Bittrex was founded by three cybersecurity engineers which makes it a reliable crypto exchange.

Bittrex has multi-layered security integrated into its system with constant testing and upgrading. The security measures like 2-factor authentication and a 99.95% uptime rate of the trading engine make it a secure platform.

The Co-Founder and the CEO of Bittrex Bill Shihara was a Security Engineering Manager at Amazon. He acted as the Manager of Security Threat Analysis and Security Engineering at BlackBerry. At Microsoft, he worked11 years on the Windows Operating System and the Trustworthy Security team.

Another Bittrex’s Co-Founder and Chief Information Officer is Richie Lai. He was employed in the Amazon Information Security Team earlier. He also worked to build up security engineering and Internet crimes division at Microsoft for 12 years.

Rami Kawach, the Co-Founder and Chief Technology Officer of Bittrex worked as a Principal Security Engineer at Amazon before launching Bittrex. He also served Microsoft for 10 years for Microsoft’s botnet monitoring and mitigation efforts.

How Bittrex Works

Creating a Bittrex Account

Bittrex recommends its users follow all directions carefully to avoid unauthorized access and account protection. To create and use a Bittrex account follow these steps.

  1. Go to to start the sign-up process
  2. Bittrex offers two account types i.e. Personal account and Corporate account to select from

Personal Account is for individual users to trade multiple cryptocurrencies like Bitcoin, Digibyte Ethereum, Tether, Cardano, and more.

Corporate Account designed with some additional benefits for businesses like Hedge Funds, High-Frequency Trading Firms, Proprietary Trading Firms, ATMs, Market Makers, etc.

  1. Enter your email address. It will be your Bittrex username
  2. Enter a password of 12 characters comprising both letters and symbols
  3. Press “Create Account”
  4. Verify your account by clicking the “Verify Email” link in the email you get from Bittrex
  5. Review the Terms of Service to own and use a Bittrex account, and press Accept Terms
  6. Next, you will have to submit your Basic Profile Info.
  7. By pressing Continue you will be taken to ID Verification. You need a selfie, and an official government identification document to verify your identity.
  8. Bittrex requires your financial information as a standard KYC process. You have to provide information about your source of funding
  9. Then you will be asked to provide your Social Security Number. If you don’t have one, you will submit an Alien Identification Number or Passport Number.
  10. After the successful verification of your identity, you are all set to start trading on Bittrex

The registration process is almost the same on Bittrex mobile app with one extra option i.e. 2-Factor Authentication.

Bittrex Features

Worldwide Access

With global access in more than 90 countries, and over 250 coins and tokens, Bittrex is one of the top ten exchanges in the world. You have access to traders from Europe, Asia, and America when you list your coin or token project with Bittrex.

Legit Exchange

Bittrex Global is licensed and supervised in Liechtenstein and Bermuda making it a secure, safest, and respected name in the industry.


Bittrex uses the most effective security measures as security is their top priority. Bittrex utilizes a multi-stage wallet strategy to keep funds in cold storage. There is also two-factor authentication for all users.

Trading Engine

Bittrex’s scalable custom-built trading engine is designed for real-time order execution. Across-the-board APIs back third-party trading platforms and algorithm trading.

Automated Monitoring Platform

Bittrex’s automated platform provides the fastest deposits and withdrawals. Balance, trade, and wallet information are also visible on this monitoring platform.


Bittrex is determined to support new and developed blockchains by bringing a novel selection of digital tokens and blockchain technologies.

Compliance with Regulations

Bittrex complies with all U.S. regulations and dedicates its resources to detect and rectify illicit financial behavior by customers and digital asset developers. Bittrex is committed to bringing transparency via different screening and monitoring tools. Some unlawful activities include:

  • Money laundering
  • Terrorism financing
  • Fraud
  • Tax evasion

Mobile App

For a premier 24/7 crypto trading experience right from the smartphone, Bittrex mobile app is available on App Store and Google Play Store.


  • Convenient, secure, and industry-leading trade speed
  • Secure digital wallet
  • Detailed stats and customizable favorites list


Bittrex provides its customers with educational resources to improve their trading skills and knowledge. The education section includes:

  • Up-to-date news articles about the latest happenings in the global crypto markets
  • Profound blog articles about different topics
  • FAQ section is replete with commonly asked questions and detailed answers

Referral Program

Bittrex offers you chances to earn more through its referral program. When you share your referral link with your friends and they make a trade, you will earn a 10% commission. There is no limit to this referral program. You can invite an unlimited number of friends.

Bittrex Support

Bittrex support is a distinctive feature of Bittrex where you can find help in form of detailed articles on Getting Started, Fiat Funding/Deposits, Cryptocurrency Deposits, Withdrawals, Trading, Mobile App, and much more.

Bittrex New UI Features

Mode Preference

Users can customize their trading experience on Bittrex by choosing between light and dark modes.

Bittrex BTC
Bittrex BTC
Bittrex USD BTC
Bittrex USD BTC

Chart Layout Preferences

Users can choose from different chart layouts, currency estimates, and chart preferences.

Chart View Preferences

Bittrex users are allowed to enable views for Open Orders, Closed Orders, and Drafted Orders.

Drawing Tools/Indicators

Bittrex’s New UI offers desirable drawing tools and indicators to overlay charts for market analysis. These tools include trendlines, patterns, pitchforks, fib retracement, and more.

Bittrex Indicators

Holdings Tab

Order Books

The last 500 bids for sells/buys are viewable.

Open Orders

Current open orders are visible to users.

Closed Orders

Users will see all of the closed orders.


All of the balances and credits are open to view for users.

Bittrex Products

FTX Leveraged Tokens

In leveraged trading, traders can trade big because the coins can be held as collateral, and positions up to 3× of the collateral amount can be opened. FTX Leveraged Tokens is a handy trading product by Bittrex where traders outside the EU and EEA can get benefits of leveraged trading in a simpler way.

With Bittrex’s FTX Leveraged Tokens, traders can trade up to 3× value of the traded assets. When trading with leveraged tokens, the trader does not need to take a loan as they are buying tokens that base on futures trading and a balanced pool of leverage. Moreover, leveraged tokens rebalance the traders’ positions on a daily basis so there is no need to monitor and set their positions.

How FTX Leveraged Tokens Work

Leveraged tokens are different from leveraged trading in the sense that they replicate a trading position for one day. FTX Leveraged Tokens follow the concept of futures contracts and trade on FTX perpetual futures to decide the price and market exposure of the tokens. For example, Bittrex Global exchange has BULL (+3%) and BEAR (-3%) tokens. The ETHBULL token goes up 3% if ETH rises 1%, and the ETHBEAR token moves upward 3% when ETH descends 1%.

Leveraged tokens rebalance every day and thus reduce the liquidation risk. In a Bull market, leveraged tokens are more beneficial than regular trading or leveraged trading because of their reinvested profits.

Leveraged tokens can be withdrawn or sent among their supporting platforms. Bittrex recommends holding leveraged tokens for a short time to get the most from them as they rebalance daily and maintain leverage due to the general pattern of selling or buying.

Available Leveraged Tokens on Bittrex Global

Bittrex offers six assets to trade: Bitcoin BULL, Bitcoin BEAR, Ethereum BULL, Ethereum BEAR, Cardano BULL, and Cardano BEAR

  • USD-ETHBULL – 3× Long Ethereum Token
  • USDT-ADABEAR – 3×Short Cardano Token
  • USDT-ADABULL – 3× Long Cardano Token
  • USDT-ETHBEAR – 3× Short Ethereum Token
  • USDT-ETHBULL – 3× Long Ethereum Token
  • USDT-BEAR – 3× Short Bitcoin Token
  • USDT-BULL – 3× Long Bitcoin Token
  • USD-ADABEAR – 3× Short Cardano Token
  • USD-ADABULL – 3× Long Cardano Token
  • USD-ETHBEAR – 3× Short Ethereum Token
  • USD-BULL – 3× Long Bitcoin Token
  • USD-BEAR – 3× Short Bitcoin Token
  1. Tokenized Stocks

Tokenized stocks are tokenized versions of stock shares that represent traditional securities. Bittrex launched these tokenized derivatives in cooperation with DigitalAssets.A.G. These stocks are the newest digital assets and allow traders to buy a fraction of a stock instead of purchasing the entire share.


  • Stocks like Apple, Tesla, Google, Amazon, etc. are legally accessible
  • Fractional ownership of traditional securities
  • Easier and cheaper to buy and sell as compared to real stocks
  • 24/7 trade
  • Invest in S&P 500 with SPY ETF if you want to avoid individual stocks

Bittrex allows customers to buy Tokenized stocks with fiat and cryptocurrencies. You can buy Bittrex’s Tokenized Stocks page, Instant Buy page, or the Markets page and purchase them like any other asset you buy on Bittrex.

Available Tokenized Stocks

  • Netflix Stock – NFLX
  • Alphabet Stock – GOOGL
  • Amazon Stock – AMZN
  • Apple Stock – AAPL
  • Facebook Stock – FB
  • Tesla Stock – TSLA
  • Alibaba Stock – BABA
  • Pfizer Stock – PFE
  • Bilibili Stock – BILI
  • SPDR S&P ETF Trust – SPY
  • Beyond Meat Stock – BYND
  • BioNTech Stock – BNTX

Bittrex Fees

Trading Fees

Bittrex fee schedule works on a simple principle, ‘more trading, more saving’. Bittrex’s charges vary by the traded currency pair, 30-Day Volume, and the order type i.e. Maker or Taker. Moreover, Bittrex does not charge any fee if an order is not accomplished,

30-Day Volume

Bittrex calculates the USD value of your traded volume in the previous 30 days and reduces the trading fees. The 30-Day Volume and trading fees are calculated every single day and updated between 00:30 UTC and 01:30 UTC on a daily basis.

Maker-Taker Orders

A Maker order is an order which is already present on the order book while a newly placed order is called a Taker order. Maker orders are unfilled and create liquidity on the market. Bittrex charges a fee from both the Maker and Taker orders when a Maker order matches with a Taker order.

Transaction Fees


Bittrex does not charge any fee for deposits. However, coin network transaction fees are applicable when some funds are moved to another address.


When you make a withdrawal in cryptocurrency the token’s network fee applies and Bittrex charges a small fee to cover it.

Fiat Fees

There are no fees charged by Bittrex for deposits and withdrawals in USD, but there may be bank wire transfer fees at your bank.

Bittrex Competitors

  • Coinbase
  • Binance
  • Kraken
  • Bitfinex
  • eToro
  • Crypto
  • BitMEX
  • CEX
  • NiceHash
  • C-Cex
  • BTCC
  • Poloniex
  • Kucoin
  • HitBTC
  • Cryptopia
  • LocalBitcoins
  • Bitstamp
  • Gemini
  • BitBay
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