Web Based Trading Platform
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If you’re getting started in the Cryptocurrency trading world, it’s only a matter of time before you’ll learn about Bittrex. Bittrex exchange is one of the largest in the world, supporting many dozens of trading pairs and boasting millions of active users. Bittrex is a mainstay for new and experienced crypto traders alike, and anytime a new coin gets added to Bittrex, you can bet there will be a spike in its value. In this Bittrex review, we’ll show you what Bittrex is, how to sign up with Bittrex, and how to use Bittrex once you’ve registered your account.
How to Use Bittrex: the Basics
We’ll go into greater detail before the end of this Bittrex review, but for now let’s simply make it understood that Bittrex users use popular cryptocurrencies like Bitcoin, Litecoin, Tether, and Ethereum to trade for rising cryptocurrencies like NEO. Users get these trading currencies from exchanges that accept fiat payments, like Coinbase. Then they send Bitcoin (or Ethereum, Litecoin, or USDT) to their Bittrex wallet, at which point they’ll be able to trade these currencies for any other digital currency supported by the Bittrex platform.
While other cryptocurrency exchanges have complex fee structures, with different rates applying to different customers, Bittrex exchange keeps it simple. They charge a simple 0.25% for all trades. That’s it. You can easily find another exchange that’ll wheel and deal for different kinds of trading activity, but you won’t find a more straightforward exchange than Bittrex in this regard.
Bittrex is slightly more expensive than some other major cryptocurrency exchanges, notably Binance, but their prices are more or less in line with the bulk of reliable exchanges, and only high volume traders will see an appreciable difference in their bottom line using Bittrex over one of its competitors.
Final Thoughts on Bittrex
By now you’ve heard all about Bittrex. You know how to sign up, send Bitcoin to your Bittrex wallet, and buy and coin of your choosing. We hope your experience using Bittrex exchange is smooth and intuitive. We also hope that the investments you make using the Bittrex system turn out to be very profitable in the long run.
Bittrex may not be the newest cryptocurrency exchange on the block, but it’s one of the most trusted and well supplied with a diverse array of coins. Bittrex isn’t going anywhere anytime soon, and the promise of fiat trading in 2018 is raising even more interest in this long-trusted cryptocurrency exchange. Use Bittrex with confidence!