Bitvavo vs Bittrex: Fees, Coins, Safety Comparison
| Feature | Bitvavo | Bittrex |
|---|---|---|
Overall |
3.6 |
3.9 |
4.1 |
4.1 |
|
3.5 |
3.8 |
|
4.4 |
4.5 |
|
Investment Instruments |
1 |
3.8 |
Platforms and Charting Tools |
3.9 |
4.1 |
Deposit and Withdrawal |
3.7 |
3.7 |
Research |
4.1 |
3.9 |
Education |
3.7 |
3.7 |
Support |
3.5 |
3.9 |
Bonuses |
3.7 |
2.3 |
|
Your capital is at risk.
|
Bitvavo vs Bittrex: Pros and Cons
The Bitvavo exchange is one of the most popular platforms for margin trading in cryptocurrencies in Europe. More than 50 cryptocurrencies and tokens are traded on the exchange. In total there are over 70 trading instruments, including fiat funds. On Bitvavo you can trade Bitcoin, Ethereum, Litecoin, and other cryptocurrencies. There is a hot and cold storage method, and convenient input/output channels are provided. There is basic and advanced AML verification, a typical affiliate program with referral payments. The cryptocurrency exchange does not have a mobile application, its own trading terminal is available only in the browser version. Commissions are below the market average: for the entry-level - 0.25/0.15% (for the taker/maker, respectively).
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.
| Bitvavo | Bittrex | |
|---|---|---|
| Overall Pros | no minimum deposit; | Convenient and functional interface of the trading app |
| many trading pairs, including pairs with fiat funds; | You can trade on the exchange through third-party terminals | |
| 458 supported coins | ||
| in the trading terminal there’s not only the crypto exchange but also the exchanger; | high level of data and asset security | |
| operating commissions are below the market average; | high-speed deposits and withdrawals of funds; | |
| a serious level of verification to ensure safety; | there is algorithmic trading via API. | |
| suitable for both beginners and experienced traders; | New tokens launchpad | |
| Overall Cons | from fiat funds there are only euros; | Unregulated exchange |
| extended AML verification is required to access the full functionality. | No futures trading | |
| High fees |
Bitvavo vs Bittrex: Safety and Regulation
| Regulated By: | Bitvavo | Bittrex |
|---|---|---|
Government-regulated |
Yes |
|
U.S Regulated |
No |
|
FCA U.K Regulated |
No |
|
Germany Regulated |
Yes |
|
AMF in France Regulated |
Yes |
|
Spain Regulated |
No |
|
DFSA in UAE |
No |
|
Singapore Regulated |
No |
|
Australia Regulated |
No |
|
Seychelles Regulated |
No |
|
Other countries |
Austria, Italy |
Bitvavo vs Bittrex: Trading Conditions
| Trading Conditions | Bitvavo | Bittrex |
|---|---|---|
Minimum deposit, USD or USDT |
10 |
|
Futures leverage |
||
Spot leverage |
1 |
|
Supported Coins |
292 |
|
Trading platform |
||
DFSA in UAE |
||
P2P |
0 |
|
Perpetual contracts |
0 |
Bitvavo vs Bittrex: Fees
| Fee | Bitvavo | Bittrex |
|---|---|---|
Spot Taker fee |
0,1 |
|
Spot Maker fee |
0,1 |
|
Futures Taker fee |
||
Futures Maker fee |
||
Deposit fee |
No |
|
Withdrawal fee |
0,00002 BTC |
|
P2P taker fee |
Not supported |
|
P2P fee rate, maker fee |
Not supported |
Bitvavo vs Bittrex: Trading Assets
| Asset Name | Bitvavo | Bittrex |
|---|---|---|
Coins Supported |
292 |
|
P2P |
No |
|
Perpetual contracts |
No |
|
NFT |
No |
|
Crypto Options |
No |
|
Futures |
No |
Bitvavo or Bittrex: Investment Programs
| Asset Name | Bitvavo | Bittrex |
|---|---|---|
Staking |
Yes |
|
Copy trading |
No |
|
Yield farming |
No |
|
Affiliate program |
Yes |
|
Trading Platforms: Bittrex or Bitvavo
| Bitvavo | Bittrex | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Bittrex or Bitvavo
| Bitvavo | Bittrex | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Bittrex or Bitvavo
| Bitvavo | Bittrex | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Bittrex or Bitvavo
| Bitvavo | Bittrex | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Bittrex or Bitvavo
| Bitvavo | Bittrex | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
Yes |
Yes |
Trailing Stop |
No |
No |
Bitvavo vs Bittrex: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Bitvavo | Bittrex |
|---|---|---|
Bank Transfer |
Yes (Only Deposit) |
Yes |
Credit/Debit Card |
No |
Yes |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Bitvavo vs Bittrex: Research
| Research Type | Bitvavo | Bittrex |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
Yes |
Bitvavo vs Bittrex: Education
| Education Type | Bitvavo | Bittrex |
|---|---|---|
Demo-account/Paper Trading |
No |
Yes |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
Yes |
Bittrex vs Bitvavo: Support
| Support Features | Bitvavo | Bittrex |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
No |
Tickets |
Bitvavo vs Bittrex: Crypto Bonuses and Promo
| Promo | Bitvavo | Bittrex |
|---|---|---|
Crypto Bonus |
No |
No |
Affiliate Program |
A user who registers by following your link will bring you 15% of the exchange commission for each transaction. |
Up to 10% of referrals fees |
|
Your capital is at risk.
|
Top 5 Reviews on Bittrex
-
Comment
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...
-
Comment
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!
-
Comment
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.
-
Comment
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.
-
Comment
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.
Top 5 Reviews on Bitvavo
-
Comment
While Bitvavo offers a user-friendly interface and a decent range of cryptocurrencies, my experience has been marred by frequent technical issues and slow transaction processing times. Additionally, customer support is lacking, with long wait times for responses to inquiries. Overall, Bitvavo falls short of providing a reliable and satisfactory crypto trading experience.
-
Comment
There is nothing to do on the Bitvavo exchange. Not because they are scammers, but because. that the trade here is very strange. Everything happens within the company. Everything is raw, but the commissions are exorbitant. In general, who understands what I mean - he will pass by.
-
Comment
My last withdrawal was delayed for a month. To be honest, I didn’t even hope to get my money, so many nerves went into all this, that now I want moral damage so that they pay!
-
Comment
In terms of commissions, I have seen more profitable exchanges, where it reaches 0.07%. Bitvavo may seem like a less interesting option in this regard, but there is one big “but”: this exchange is proven. I have been trading on it for more than a year, and I consider the conditions here to be optimal. There are cryptocurrencies, there is fiat, with replenishment, withdrawal and, most importantly, the terminal, everything is fine. That is, they are fast, there are no delays. At the same time, however, there is no mobile application, so I could devote more time to trading. But the security here is definitely at a high level. And there is a license. Under such conditions, it is not a pity to overpay a little for a commission. Anything is better than worrying about whether they will withdraw my money? They will definitely withdraw from Bitvavo.
-
Comment
I think Bitvavo is very popular among crypto traders. This trading platform has a customer-oriented policy and I believe that over time it will remove Binance and other exchanges from the top. There are plenty of trading tools, as well as ways to deposit and withdraw funds, even fiat funds. The advanced AML verification gave me a little surprise, but thanks to the support, who explained everything in detail, I managed to pass the verification.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.