Bittrex

Bittrex is another old exchange that tends to more experienced traders. Based in Seattle, USA, and Liechtenstein, it makes it possible to directly purchase digital currencies using the US dollar, as well as trade more than 220 digital currencies through its powerful trading engine with a beautiful user interface. Bittrex also has its own set of APIs that can be used for automated trading with robots, launched by former Microsoft and Amazon employees. Another of its biggest advantages is its strong security (never hacked). Other benefits of using Bittrex include high liquidity, worldwide availability (including US merchants), a useful mobile app, and low fee.

Notable features of Bittrex Exchange are:

• Support for more than 220 digital currencies such as Bitcoin, Litecoin, Ripple, and other top and less known coins.

• A strong, secure, and reliable operating system.

• Bittrex was founded by former cybersecurity engineers from Microsoft, Amazon, and BlackBerry and has never been hacked.

• Bittrex allows you to deposit and withdraw Fiat currencies directly from your bank account.

• If you want to top up your account quickly, you can use the credit/cash card deposit feature, which is almost instantaneous and costs only 3% per transaction.

• Smart commerce on mobile.

• Bittrex mobile apps for Android and iOS let you explore your favorite cryptographic markets anytime, anywhere.

• Strong customer support team.

Overall, Bittrex is a veteran digital currency exchange. It is the best option for corporate and retail investors who want to be exposed to the digital currency market. Its wide range of digital assets, high level of security, and relatively low cost are a great offer for most digital currency enthusiasts.

Bittrex is a US-based digital exchange that specializes in trading digital currencies. The exchange was established in February 2014 by Bill Shiara, Ritchie Lai, and Rami Kovacs, former cybersecurity engineers at Microsoft, Amazon, and BlackBerry.

It's time to take a look at the pros and cons of Bittrex Exchange.

Pros

• Lower trading costs for high volume traders

• Rare interruptions in systems and services

• Has 1-minute charts

• Strong and high support and security

• Speed in the registration process

• Fiat currency support

Cons

• Lack of support for margin trading

• Lack of liquidity of some digital currencies

• Manufacturer and receiver transaction costs each 0.2%