Bittrex Review 2024
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform

Bittrex Review 2024

Updated:
Updated: November 21, 2023

2.91

/

10

TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Minimum
deposit:
  • $1

Trading platform:

  • Proprietary platform
Trading features:
  • Convenient trading terminal with advanced functionality, stop loss and take profit, many crypto-crypto and crypto-fiat pairs, high level of data protection, no investment

Summary of Bittrex Crypto Exchange

Bittrex is a high-risk cryptocurrency exchange with the TU Overall Score of 2.91 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bittrex clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker. Bittrex ranks 141 among 170 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.

Bittrex cryptocurrency exchange provides all the basic and advanced features for trading in the global cryptocurrency markets. Their trading terminal is convenient and intuitive. Commission fees are average for the market (0.75% for the taker and maker at the first trading level). They take measures to provide you protection against fraud and hacker attacks. The exchange is clearly aimed at active trading, since it does not offer investment programs, and the referral program brings no more than 10% of the commissions of invited users.

NOTE!

If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.

Traders Union experts recommend considering Top 3 companies from our rating:

Start Trading with RoboForex
Your capital is at risk.
Editorial Note: We are unable to verify the validity of reviews and publish all reviews, both positive and negative, in accordance with the Users Reviews Policy.

The Bittrex exchange is a platform for buying and selling cryptocurrencies and tokenized assets with a proprietary trading terminal and support for third-party terminals. Bitcoin, Ethereum, Tether, Cardano, XRP, and other cryptocurrencies are traded on this exchange. Fiats are represented by Euros and US Dollars. They have a trading terminal in the form of a web version for a PC and a mobile application for iOS and Android. There is a one-level referral program, but no investment programs. There is no basic verification, only an extended KYC verification. All major options for depositing funds, including MC and Visa cards are available. They use the cold method of storing cryptocurrencies, the site uses the latest protocols for protecting user data. There are no demo accounts or tutorials on the crypto exchange.

💰 Account currency: Cryptocurrencies, EUR, USD
🚀 Minimum deposit: from $1
⚖️ Leverage: 1:1
💱 Spread: market
🔧 Instruments: Cryptocurrencies, EUR, USD
💹 Margin Call / Stop Out: No

👍 Advantages of trading with Bittrex:

  • convenient and functional interface of the trading application;
  • you can trade on the exchange through third-party terminals;
  • there are almost all the most popular cryptocurrencies;
  • high level of data and asset security;
  • there are no restrictions on regions and trading strategies;
  • high-speed deposits and withdrawals of funds;
  • there is algorithmic trading via API.

👎 Disadvantages of Bittrex:

  • there are no investment programs;
  • there is no training materials for beginners;
  • fiat is only represented by euros and US dollars

Evaluation of the most influential parameters of Bittrex

User Satisfaction Customer Satisfaction Score (CSAT) is a unique metric of Traders Union based on the analysis of user reviews posted on pages of each broker profile by the visitors of our website from all around the world. We have been collecting these broker reviews for over 13 years, and therefore, we know and understand the level of customer satisfaction with a specific brokerage company better than anyone else.

1.58

/10

Commissions and fees This parameter comprises a comprehensive analysis of all commissions and fees charged by a brokerage company, including trading and deposit/withdrawal fees. Also specific fees, for example the inactivity fee, are taken into account in the final score for the fees. Users can find detailed fees charged by a company in the broker’s profile.

3.02

/10

Trading instruments For this parameter, we evaluate the number of trading assets a broker offers access to in each group of financial instruments. We analyze the quotes a broker offers on Forex pairs, metals, indices, commodities, stocks, and cryptocurrencies. This parameter also includes evaluation of broker’s investment programs, for example access to copy trading, which we regard as an additional type of a trading instrument.

2.80

/10

Brand popularity Traders Union experts are confident that brand awareness mostly fully reflects the real state of affairs in a company – the more popular the broker, the more people trust it. The score for this indicator is based on the data analysis of such services as Ahrefs and SemRush, which show how often a company’s brand is searched on Google. In addition, indicators of the SimilarWeb service, which show the approximate number of visitors of the broker’s website, are also taken into consideration. We also review disclosed official reports of brokers, which allow for evaluating their client base.

2.96

/10

Customer support The score of this parameter is based on the number of available communication channels of a company’s support service. The quicker and easier it is to contact the broker’s support, the higher the score. We check every available support channel, test the speed of processing of requests and completeness of provided information through several interactions.

3.32

/10

Education This parameter provides an evaluation of a company’s capacity to work with beginners. Only quality training and provision of full and unbiased information can help novice traders and investors minimize the risks of losing money, even when working with top-ranked companies. Brokers with useful educational and informational tools, including webinars, tutorials, podcasts and articles, receive higher scores.

3.54

/10

Geographic Distribution of Bittrex Traders

Popularity in

30.6%
US
United States
16.1%
IN
India
7.5%
JP
Japan
6.7%
CA
Canada
5.5%
PL
Poland
5.1%
SA
Saudi Arabia
4.7%
RU
Russian Federation
4.5%
AR
Argentina
4.2%
TR
Turkey
35.1%
Others
Others

Bittrex Latest Comments for 2023 i

17 comments
Total score:
5.6 /10

Share your experience

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LeonGak
1 year ago

I advise you not to mess with Bittrex. And don't trust this broker, you won't be able to earn any money here, and you won't be able to withdraw your own if you want. I ended up with 600 bucks. It's all for the fool. It's hard to feel like this, but what can you do...

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MezirMus
1 year ago

Bittrex is a medium format kitchen with good advertising. The gullible trader is underway. The terminal is buggy, with the withdrawal of big problems. In short, don't mess with them. There are a lot of adequate companies, but this is not Bittrex for sure!

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idanfx
2 years ago

I started trading on Bittrex in 2016. I tried other trading platforms from time to time but decided to stop at this one. There are no additional opportunities for earning money such as investment programs, risk-free transactions, etc. It is difficult to find something better specifically for independent trading. The mobile application is gorgeous. Deposit account replenishment and withdrawals contain no problem. Usually, I use a Mastercard card. Plus, it should be noted that the platform provides a multi-currency account where you can store your assets for free. For five years of interaction with this exchange, I have never used the support team. This is a good indicator.

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ankita
2 years ago

The Bittrex exchange has really impressive trading volumes, so there are no problems with liquidity. Finding a buyer or seller is easy. One of the factors of successful trading is also a smart and functional terminal and the execution of transactions without problems. The only drawback that I noted is the lack of convenient channels for contacting technical support. Because there is no call center, you have to use the ticket system or mail, which is not very convenient.

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dinesh
2 years ago

I already use Bittrex. There is no direct connection with the technical support service and there is no demo either. I had to learn the functionality of the terminal by trial and error, but it did not take much time. The platform is simple and works without bugs, and the execution of transactions is really excellent. In addition, the variety of cryptocurrencies and tokenized assets are available for purchase and sale.

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RebornSAWADA
2 years ago

An acquaintance recommended Bittrex. He is an experienced trader, so there was no doubt that the platform was really worth trying. I was a little disappointed at the beginning that there is no demo for training without risks or other training, as such. However, it didn't take a long time to figure out all the nuances. Also, there is a really fast, simple, and convenient terminal. I recommend Bittrex.

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sujinix
2 years ago

I came to the Bittrex platform a couple of months ago. Initially, I doubted whether it was worth starting cooperation with it since there is no sensible training base, only a standard manual. I have practically no experience in trading, so I was afraid that I would face numerous difficulties. However, a friend who has been using this platform for about three years convinced me to give it a try. I was not disappointed. I figured out the terminal really quickly. It's intuitive and functional. I have already earned and withdrawn my first profit, about 400 bucks.

Expert Review of Bittrex

Bittrex Global GmbH is the parent company of the Bittrex exchange, which was founded in 2015. The headquarters of the company is located in Liechtenstein. The company’s activities are regulated by the financial laws of Liechtenstein and the European Union. The Bermuda Securities Commission acts as an additional international regulator.

The crypto exchange offers a proprietary trading terminal. It comes in a browser version but you can also install a mobile application on smartphones running various OSs. A typical setup has all the main features, including charts with indicators, stop loss, and take profit functions. you can expand the functionality of the trading terminal using API solutions.

The Bittrex exchange provides market average fees that can be reduced in two ways – by increasing trading volume and using bonuses from the Traders Union. There are two types of accounts, private and corporate. You can register a corporate account on individual terms. You can also cooperate with business projects.

There are no major disadvantages in the work of this crypto exchange. There are no technical failures or vulnerabilities. The crypto exchange is convenient for experienced traders and potentially convenient for beginners, too. But please note Bittrex doesn’t offer demo accounts or tutorials.

Anton Kharitonov

Anton Kharitonov

Financial expert and analyst at Traders Union

Latest Bittrex News

21.11.2023
​International cryptocurrency exchange Bittrex Global has informed its users that it will cease operations due to the challenging regulatory
31.10.2023
​Cryptocurrency exchange Bittrex received court approval on Monday to shut down its U.S. operations after its bankruptcy plan was approved. Judge
11.08.2023
The U.S. Securities and Exchange Commission announced that crypto asset trading platform Bittrex has agreed to settle charges that it provided services as
06.07.2023
The Florida Office of Financial Regulation (OFR) has filed a series of charges against cryptocurrency exchange Bittrex for violating state law by filing a
02.07.2023
Crypto exchange Bittrex has asked the court to dismiss a lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC).Bittrex left the
14.06.2023
The U.S. unit of cryptocurrency exchange Bittrex will be able to allow clients withdrawals on Thursday after a bankruptcy court ruling was
08.06.2023
U.S. authorities have questioned Bittrex's proposal to allow clients to withdraw funds pending court approval of a bankruptcy restructuring plan.Bittrex
09.05.2023
Cryptocurrency exchange Bittrex has filed for Chapter 11 bankruptcy protection in Delaware federal court.After the cryptocurrency platform announced its
02.04.2023
Bittrex, a cryptocurrency exchange, announced that it would cease operations in the United States.After nine years in business, Bittrex is exiting the US

Dynamics of Bittrex’s popularity among
Traders Union’s traders, according to 2023 data

Logo TU
20,0%
Top 3
10,0%
Top 5
7,0%
Top 10
5,0%
Top 20
1,0%
Top 40
0,5%
Top 100
0,2%
Top 100+
0,05%
Jan.
Feb.
Mar.
Apr.
May.
Jun.
Jul.
Aug.
Sep.
Oct.
Nov.
Dec.

Investment Programs, Available Markets, and Products of the Crypto Exchange

Bittrex does not provide investment programs. The referral program is the only opportunity for passive earnings on this crypto exchange. The company is focused on active trading in cryptocurrencies and tokenized assets; thus, that is the main source of income for traders who cooperate with this exchange.

Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Bittrex’s affiliate program

Bittrex offers a standard referral program, under which each user can invite other users to the crypto exchange and receive income from their trading. Here are the terms of the referral program:

  • After registering and confirming the data in your personal account of the web terminal or mobile application, you get access to the referral link.

  • You can post this link in any closed or open-source application to attract clicks.

  • Each user who follows your link and registers with the crypto exchange website will bring you income.

  • The crypto exchange will pay you 10% of the commission fees of your referral for all trading operations.

There is no limit on the number of referrals, and you can invite as many users as you want. This is a single-level program, which means that you only receive income from those users whom you have personally invited. But not from the trade of users invited by your referrals. The program is not limited in time, that is, you receive income for as long as your referral trades on this crypto exchange.

Trading Conditions for Bittrex Users

Bittrex does not set significant limits on the minimum deposit. The user independently regulates his financial activities on the crypto exchange, entering any available assets in any volume. There is no leverage for trading. The technical support of the exchange works 24/7, however, you can contact it only by email or through the ticket system in the corresponding section of the site. The exchange is also represented on large social platforms like Facebook, which can be considered as channels for operational communication. The table below shows the main trading conditions of the exchange:

$1

Minimum
deposit

1:1

Leverage

24/7

Support

💻 Trading platform: Proprietary platform
📊 Accounts: Personal, corporate
💰 Account currency: Cryptocurrencies, EUR, USD
💵 Replenishment / Withdrawal: Bank cards (Visa/MC) and wire transfers, cryptocurrency wallets, Sepa
🚀 Minimum deposit: from $1
⚖️ Leverage: 1:1
💼 PAMM-accounts: No
📈️ Min Order: from 0
💱 Spread: market
🔧 Instruments: Cryptocurrencies, EUR, USD
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Orders execution: N/A
⭐ Trading features: Convenient trading terminal with advanced functionality, stop loss and take profit, many crypto-crypto and crypto-fiat pairs, high level of data protection, no investment
🎁 Contests and bonuses: N/A

Broker comparison table of trading instruments

Bittrex Bybit OKX XT.com Paxful LATOKEN
Forex No No No No No No
Metalls No No No No No No
Crypto Yes Yes Yes Yes Yes Yes
CFD No No No No No No
Indexes No No No No No No
Stock No No No No No No
ETF No No No No No No
Options No No No No No No

Bittrex Commissions & Fees

Information
Bittrex calculates commissions and fees based on the user’s trading level. The trading level is determined by the volume of trades over the last 30 days. This is a common practice that motivates traders to trade more and thus get better terms on commissions and fees.
There are currently nine trading levels. At the lowest—the first level—with a trading volume of up to USD 5,000, the taker/maker’s commissions are 0.75% of the transaction amount. At the highest—the ninth level—has a trading volume of 100,000,000 US dollars, the maker’s commission is 0.0%, the taker’s commission is 0.05%.
Account type Spread (minimum value) Withdrawal commission
Standard 0.75% per order Yes

Bittrex Global calculates 30-day trading volume daily, updating the calculation for each account and the trading commission schedule from 00:30 UTC to 01:30 UTC. The user can check their current 30-day volume by logging in and going to the Account>My Activity tab. Please note that there are withdrawal fees. To compare commission fees, the table below shows data for several exchanges:

Broker Average commission Level
Bittrex $0.75 Medium
Bybit $20 High
Bitfinex $0.1 Low
Logo Bittrex
$0.75
$20
$0.1

Contacts

Foundation date 2014
Registration address Bittrex Global (Bermuda) Ltd., Canon’s Court 22 Victoria Street, Hamilton HMEX
Official site
Contacts
All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.
Bittrex Review Bittrex Review

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FAQs

Do reviews by traders influence the Bittrex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about Bittrex you need to go to the broker's profile.

How to leave a review about Bittrex on the Traders Union website?

To leave a review about Bittrex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about Bittrex on a non-Traders Union client?

Anyone can leave feedback about Bittrex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

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