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Author Topic: Binance vs Bittrex  (Read 1565 times)
ziac
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January 13, 2018, 09:51:39 AM
 #121

I will share my experience from both trading platform, bittrex "was" good back then but binance is fun to trade, I prefer binance now as more investors and big project tend to be listed there. I don't have any bad experience in bittrex but heard they're getting stricter and random accounts being hold or block due to fraudulent activities and suspicious activities. So, for now I can say Binance is a better trading platform for day traders.

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January 13, 2018, 09:56:16 AM
 #122

I will share my experience from both trading platform, bittrex "was" good back then but binance is fun to trade, I prefer binance now as more investors and big project tend to be listed there. I don't have any bad experience in bittrex but heard they're getting stricter and random accounts being hold or block due to fraudulent activities and suspicious activities. So, for now I can say Binance is a better trading platform for day traders.

I've been trading in Bittrex for years now and there hasn't been any hitch up til lately, when new user signups surged. Binance, just tried it from way back. I prefer Bittrex's interface to be honest. I'm trading in tRex for established coins, and Binance mostly for ERC20 tokens.

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January 13, 2018, 10:12:06 AM
 #123

i'd rather binanace because
1.it let u withdraw max 2 bitcoin a day with out identification which in bittrex is about 2000$!
2.the free is much lower and if u use BNB token in ur trade u get 50% off in the fees! Cheesy
3.they give exciting gifts for some jobs , like Bugatti!
4.they got a phone application for android and IOS
5.they have an amazing referal program

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January 13, 2018, 11:17:05 AM
 #124

i'd rather binanace because
1.it let u withdraw max 2 bitcoin a day with out identification which in bittrex is about 2000$!
2.the free is much lower and if u use BNB token in ur trade u get 50% off in the fees! Cheesy
3.they give exciting gifts for some jobs , like Bugatti!
4.they got a phone application for android and IOS
5.they have an amazing referal program

Absolutely agree with this! Binance now has many more advantages over Bittrex. The only drawback I noticed in Binance is that when you work 2-3 hours the site starts to heavily load the computer's operating system.
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January 13, 2018, 12:21:11 PM
 #125

I think Binance is better and easier to use than Bittrex. Most ICO projects want to list on this exchange because Binance's trading volume is very high and in the future Binance will add many new features to help investors have a better experience.

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January 13, 2018, 01:44:23 PM
 #126


Absolutely agree with this! Binance now has many more advantages over Bittrex. The only drawback I noticed in Binance is that when you work 2-3 hours the site starts to heavily load the computer's operating system.

You mean that the site is using your PC to mine some coins???  Shocked  Cheesy
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January 13, 2018, 01:47:58 PM
 #127

Binance and Bittrex are both good. Bittrex was once the top on the list until people started thinking otherwise since the recent incident where they locked some accounts until they verify which some did successfully and some did not. It is human in nature to quickly shift to the next in-line until it messes up and I can imagine if eventually binance ends up doing the same, then we will always be back to the same routine. As long as I can trade effectively on both, they are good for me, I have never really bothered about verification anyway.
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January 13, 2018, 01:57:04 PM
 #128

Well for me bittrex looks way ahead than binance, but binance also having a huge market. Bittrex looks little strict now a days.
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January 26, 2018, 07:30:59 PM
 #129

Well for me bittrex looks way ahead than binance, but binance also having a huge market. Bittrex looks little strict now a days.
for me, the decisive factor in choosing trading exchanges is the presence of smaller problems when registering, as well as the complexity of financial transactions. bittrex recently requires the presence of personal data, and this worries me.

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January 26, 2018, 08:15:15 PM
 #130

Well for me bittrex looks way ahead than binance, but binance also having a huge market. Bittrex looks little strict now a days.

That is because they are the most regulated exchange and the most compliants with the SEC & laws of the United States.

Binance is not regulated at all, you only need to provide all your information if you want to withdraw more than 30,000$ a day..

Anyway, for me, Binance is much more better than Bittrex, only because they do not have KYC and all that bullshit.
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January 26, 2018, 08:52:56 PM
 #131

Binance for these reasons;
1- Bittrex won't let me sign up and that's been that way for a very long time.
    So what is their problem? No support ?
    Binance slowed down sign-ups but they still manage to do them.
2- Binance fees are cheaper.
3- Binance website is faster, page loads up instantly, Bittrex takes several seconds.
4- Binance interface is smarter/easier with both newbie and advanced features.

And I think they are now based in Hong Kong so mainland China regs. do not apply.
The only reserve I have about Binance is they are using Tether, which seems to be
a huge problem in 2018 with Bitfinex tampering with the market.
In the end after Tether & Bitfinex implode I think Binance and the Crypto market in general
will survive quite nicely. Just don't get caught holding USDT, which is simple enough to do.
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January 26, 2018, 09:13:47 PM
 #132

On Bittrex now fail to open a trading account without identification. On Binance it can be done. Also on Binance be new tokens, which may not be on Bittrex. The interface is much easier for me to Bittrex. I use both exchanges, as they complement each other
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January 26, 2018, 11:04:55 PM
 #133

On Bittrex now fail to open a trading account without identification. On Binance it can be done. Also on Binance be new tokens, which may not be on Bittrex. The interface is much easier for me to Bittrex. I use both exchanges, as they complement each other
That is why Binance is growing now because they are not really strict with their clients, I think they are in different jurisdiction so they follow
different law of the land, what Bittrex did is they required KYC to all their clients and that should be with a proof, for me there is not problem because
I use my real information in signing up and in fact my account was already verified.
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January 27, 2018, 07:16:06 AM
 #134

Binance a very young exchange, and it is actively developing. But despite his youth, she gets more and more approval from the holders of the cryptocurrency. Almost every day listing new coin. And he's not slowing down as severely as Bittrex
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January 27, 2018, 05:53:53 PM
 #135

In my opinion, it can not be said specifically that this is the best. Both exchanges work well, but Binance has a small advantage, as they add a lot of new prospective coins, and through this go to the top!
so I think it makes sense to have accounts on two exchanges!
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January 27, 2018, 06:14:08 PM
 #136

Bittrex is no 1 exchanger right now with big volume . But Binance is doing really well .It will be soon no 1 position
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January 27, 2018, 06:45:37 PM
 #137

I have accounts on both exchanges. I prefer Binance for UI, client support, fee and liquidity. It's no.1 exchange now.
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January 29, 2018, 03:07:24 PM
 #138

On Bittrex now fail to open a trading account without identification. On Binance it can be done. Also on Binance be new tokens, which may not be on Bittrex. The interface is much easier for me to Bittrex. I use both exchanges, as they complement each other
That is why Binance is growing now because they are not really strict with their clients, I think they are in different jurisdiction so they follow
different law of the land, what Bittrex did is they required KYC to all their clients and that should be with a proof, for me there is not problem because
I use my real information in signing up and in fact my account was already verified.

Binance would probably get you to verify yourself first as well soon. When it comes to the number of coins available, i think they're pretty much at par with each other. The big difference for me would be support. Binance has better support than bittrex probably because it's a young exchange, but none the less, an exchange's support should be consistent regardless of how old it is.

 
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February 09, 2018, 09:07:06 AM
 #139

Just started to get into trading alts again, what would someone say is the main differences between the two exchanges of binance and bittrex? I've just gotten involved in both and I must say I really do like Binance more, charting is nice, fees are cheaper, and everything just seems a bit sleeker.


What does everyone on here use for trading and what do you like about it?


Binance is the new and most developed trading platform of the moment. We can see the team is very powerful and experienced., Binance is a transaction center of digital medium with very fast liquidity, very reasonable transaction fees and security is also extremely high. Although newly established but not hacked yet. In addition, the floor has a very high capitalization.
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February 09, 2018, 09:18:07 AM
 #140

I like Bittrex than Binance probably because this was the first exchange site I registered to and got used to it so it seems pretty easy to me to manuever the site. Although you need to submit an ID for verification, for me I think it is just right thing to do for security purposes. And the transaction fees for me are reasonable too in my opinion, at least no one would abuse the withdrawals or transactions made in this site.

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