Bittrex Global Review

Alyaziah Hayat | May 19, 2022

Bittrex is an American blockchain technology provider and cryptocurrency exchange. It offers you access to exchange multiple cryptocurrencies including major cryptos such as Bitcoin, Digibyte, Ethereum, Tether, Cardano, WAXP, Bitcoin SV, Ethereum Classic, XRP and many more.

Broker Pros / Cons
  • Intuitive mobile trading platform
  • A range of educational materials
  • API trading tool
  • Various funding options
  • Not regulated
  • Cryptocurrency trading only
  • No stocks, commodities or forex trading
  • No MetaTrader platforms
  • No website chat support or telephone number provided

Summary

Bittrex.com is based in the USA but has an international arm, Bittrex Global that operates from Liechtenstein and serves international customers. Built on Bittrex’s cutting-edge technology, the Bittrex Global crypto trading platform provides an institutional-grade experience for professional and novice customers alike.

Both Bittrex.com and Bittrex Global’s trading platform is designed for those of you who seek a user-friendly exchange experience. With reliable trade execution and digital wallets along with industry-leading security practices, it is an exchange that is amongst the leaders of the blockchain revolution. I like how they also enable two-factor authentication for all users. I also appreciate how they implement a host of additional security features to provide multiple layers of protection. Bittrex also supports third-party trading platforms and algorithmic trading via their extensive APIs.

Regulation

I’m quite disappointed that Bittrex.com and Bittrex Global are not regulated. I would not trade with an unregulated exchange as they cannot offer you the same protections that a regulated exchange can.

U.S. citizens and residents, who are more than 18 years of age, can trade with Bittrex.com, but they may not use the services of Bittrex Global. You may not use the services of Bittrex.com or Bittrex Global if you are located in, or a citizen or resident of any state, country, territory or other jurisdiction that is embargoed by the United States, or if you are on any trade or economic sanctions lists, such as the United Nations Security Council Sanctions List, or if you are restricted or prohibited from engaging in any type of trading by the European Union, Hong Kong Monetary Authority, Hong Kong Customs and Excise Department, Office of Foreign Asset Control, or any other administrative law enforcement agencies.

Bittrex services are also not offered to those located in, or a citizen or resident of any state, country, territory or other jurisdiction where your use of the services would be illegal or otherwise violate any applicable law. If your region is not accepted by Bittrex, you can find alternatives through our broker comparison tool.

Platforms

Bittrex Mobile App

There is Bittrex mobile app for U.S. citizens and Bittrex Global mobile app for international customers. The Bittrex trading app enables you to easily perform 24/7 round-the-clock trading on your smartphones on multiple cryptocurrencies, such as Bitcoin, Digibyte, Ethereum, Tether, Cardano, WAXP, Bitcoin SV, Ethereum Classic, XRP, and much more. I like how the app gives you access to lightning-fast trade execution, dependable digital wallets, and industry-leading security practices. The Bittrex app is also designed for Android and iOS devices and can be downloaded from the respective app stores free of charge.

Bittrex Global Bittrex App

Bittrex Global Bittrex App

Tools

Bittrex API

Bittrex provides you with a simple and powerful API consisting of REST endpoints for transactional operations and a complementary Web-socket service providing streaming market and user data updates. The extensive also API supports third-party trading platforms and algorithmic trading.

Education

Both arms of Bittrex provide you with a reasonable selection of educational resources, which are aimed at improving your overall trading skills and knowledge. These can be beneficial to traders of all experience levels, and they include:

News

The news section of the Bittrex website contains up-to-date news articles that help to keep traders in the know about recent happenings in the global cryptocurrency markets.

Bittrex Global Crypto News

Bittrex Global Crypto News

Educational Articles

The education section of the website also has learning articles covering a range of topics, such as “how to create a Bittrex account”, “tips to avoid scams” and more.

Bittrex Global Educational Articles

Bittrex Global Educational Articles

FAQ

The FAQ section on both websites has a wide range of clients’ commonly asked questions along with their detailed answers.

Markets

Bittrex Global is a cryptocurrency exchange that offers traders access to exchange multiple cryptocurrencies including the major cryptos such as Bitcoin, Digibyte, Ethereum, Tether, Cardano, WAXP, Bitcoin SV, Ethereum Classic, XRP, and others. However, if you would like a better variety of trading instruments other than just crypto, I recommend checking out Roboforex.

Accounts

I like how Bittrex and Bittrex Global offer you with a variety of different trading account types to suit your trading needs no matter what experience level you belong to.

Personal Account

The Bittrex Personal Account is designed specifically for individual traders to trade multiple cryptocurrencies, such as Bitcoin, Digibyte, Ethereum, Tether, Cardano, WAXP, Bitcoin SV, Ethereum Classic, XRP, etc.

Corporate Account

The Bittrex Corporate Account is designed to meet the institutional needs of all registered entities including Hedge Funds, High-Frequency Trading Firms, Proprietary Trading Firms, ATMs, Crypto Exchanges, Market Makers, and some other businesses.

The Corporate Account has the following benefits:

  • No Funding Limits
  • Fast Deposits
  • Priority Support
  • API Integration Benefits

Corporate accounts have additional benefits designed to better support institutional trading needs. I like how Bittrex does not charge a fee to upgrade a personal account to a corporate account. Properly submitted requests are also usually approved within a week.

Support

Both arms of Bittrex provide you with a knowledgeable customer support team, who are available to assist you with general, technical, or account-based inquiries you may have. They can be reached via email or by filling the form on their website. I like how the exchange is also available on social media handles: Telegram, Twitter, Medium, LinkedIn, and Facebook. However, I was quite disappointed that there is no online live chat option or contact telephone number on the Bittrex website. I would’ve also liked to see them offer 24/7 support so they can be contacted even during emergencies.

Funding

Both Bittrex.com and Bittrex Global accept similar methods for account funding and withdrawals. Basically, the three acceptable methods for depositing funds in your Bittrex wallet are bank wire transfer, credit or debit card payment, and crypto coins.

  • Wire Transfer: Wire transfers can only be received from bank accounts approved through the fiat application for trading, deposit, and withdrawals, so make sure your bank account has been whitelisted. You will need to generate your USD deposit code and make sure the wire transfer is not sent as an ACH transfer. Please check the exchange’s website for more details.
  • Credit/Debit Card: Click on “Holdings” in the top right corner of the home page and go to “Deposit by credit/debit card” in the right column. Input the amount and your card details and then click “Pay”.
  • Cryptocurrency: Click “Holdings” in the upper right hand of the site. Search for the wallet you are going to deposit to, and then follow the instructions.

For withdrawals, click on “Holdings” in the upper right of the page and go to the “Withdraw” section. Enter the Recipient Wallet Address and the amount that you want to withdraw. Make sure the address you entered was created for the coin you are withdrawing. You cannot withdraw coins to another coin’s address. This means BTC must be withdrawn to BTC and LTC to LTC, and so on. If you withdraw to another coin’s address you risk losing your funds permanently.

Signup

Opening a Bittrex or Bittrex Global account is quick and easy. To start the account registration process, simply click on the ‘Create Account’ button on their website and choose whether you would like to create a Personal or Corporate Account by selecting the appropriate account type button.

Next, enter your email address into the email address field. This will also be your Bittrex Global username. Enter a password into the password field. Passwords must be at least 8 characters long. To enhance password security, some users may choose to create a password of 12 or more characters including a combination of letters and symbols. I recommend doing so to prevent any hacking or fraudulent activity.

Then click on ‘Create Account’. A verification email will be sent to you. Go to your email inbox and click the “Verify Email” link in the email to verify your email address. After successfully verifying your email address, you will be asked to carefully review the terms of service.

Thereafter, you will be directed to submit your basic profile info. Complete all fields using a keyboard with LATIN (English) characters. Characters and symbols from other languages cannot be processed and will result in a failed verification. (Names will be read directly from your ID and entered to your profile). Click continue to move on to ID verification. All Bittrex and Bittrex Global accounts must be verified with government issued identification. I like this feature as it prevents any fraudulent activity. Once your account has been verified, you can commence trading, when you feel ready to do so.

Bittrex Global Account Opening

Bittrex Global Account Opening

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

Bittrex is a cryptocurrency exchange that is based in the US and Liechtenstein (Bittrex Global). They offer you access to exchange multiple cryptocurrencies via their intuitive mobile app with competitive trading conditions and reliable trade execution speeds. I also like how they have a decent selection of educational materials, variety of funding options and offer 24/7 customer support.

Despite this, I’m disappointed that Bittrex is not regulated and only offers cryptocurrency trading. They do not have the popular MetaTrader platforms and you cannot trade stocks, commodities or forex with them. Furthermore, I couldn’t find any live chat support or telephone number on their website. If Bittrex doesn’t meet your needs, you should check out our best trading platforms for alternatives.

By accessing or using any Bittrex Global services you are voluntarily choosing to engage in sophisticated and risky asset transactions. you are further acknowledging that you are aware of the many risks associated with the use of these services and with engaging in transactions in cryptocurrencies, including but not limited to, risks of financial loss, technology glitches (including but not limited to problems with the blockchain technology), and hacking.

Bittrex Global Logo

Min $50 Deposit

Bittrex Global is an American based advanced digital asset trading platform developed for international customers and built on Bittrex's cutting-edge technology.

Trading and investing in cryptocurrencies involves substantial risk of loss and is not suitable for every person.

About the Author

Alyaziah Hayat
I had previously been forex trading for about 2 years and I now mainly focus on writing forex-related content. I also deal with cryptocurrencies and other financial assets in this industry. I've dealt with several brokers, assets, EA robots, and everything that this industry has to offer.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

Share

If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.

Leave a Reply