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Author Topic: Bittrex Review - The Best Cryptocurrency Exchange?  (Read 222 times)
crabby (OP)
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June 27, 2019, 07:08:24 PM
 #1

Hi Everyone!

I wrote up a review of Bittrex. I would love to hear your thoughts on Bittrex and if you guys think it's the best exchange available for trading.

https://blog.shrimpy.io/blog/bittrex-review

Look forward to hearing your feedback! Let me know if there are other exchanges you would like us to review.

Thanks,
Shrimpy Team
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June 27, 2019, 10:28:49 PM
 #2

This is a good review, very complete and I like your review. Smiley
so far I've been using bitrex since 2014.
I use bittrex for my long-term trading and currently, I believe bittrex is a safe platform.

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crabby (OP)
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June 28, 2019, 05:42:34 AM
 #3

This is a good review, very complete and I like your review. Smiley
so far I've been using bitrex since 2014.
I use bittrex for my long-term trading and currently, I believe bittrex is a safe platform.

Thank you for the feedback! I appreciate your insight.
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July 02, 2019, 04:51:20 AM
 #4

Hi Everyone!

I wrote up a review of Bittrex. I would love to hear your thoughts on Bittrex and if you guys think it's the best exchange available for trading.

https://blog.shrimpy.io/blog/bittrex-review

Look forward to hearing your feedback! Let me know if there are other exchanges you would like us to review.

Thanks,
Shrimpy Team
I dint think anyone will have any reason to say something horrible about bittrex, bittrex is one exchange that I have seen who has maintain their integrity too for a long term, and they have been very effective is carrying out their functions to their users, but please be careful the way you make noise about them.

It was not long that Binance hype became so much that those who were envious of Binance did everything possible to tarnish the image of Binance by making their system having record of hacking, but I am glad it didn’t bring them down completely, and this would be another exchange that I would like you to review, I know that they have a little bad record of hacking already, but they are still worth being reviewed, also consider reviewing Kucoin exchange too.
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July 02, 2019, 11:04:07 AM
 #5

Bittrex was once the largest exchange in 2016 and 2017. But now, their marketing is weak and so they have lost many traders.
About the interface of Bittrex, I will give it 8 points. But for the quality of exchange, I think it is losing to many new exchange like MXC, Bitmax, ...
Transaction fees are quite high compared to new exchange and I think Bittrex is old and not competitive anymore.

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July 02, 2019, 11:50:37 AM
 #6

Yup, Bittrex is one of the top exchanges, and it was very popular a few years ago before binance was launched. btw, I want you to give some reviews about IDAX, because recently the news about IDAX is full of pros and cons.

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July 02, 2019, 12:57:30 PM
 #7

I am a Bittrex user and I will be honest, I like it. It is not the fastest platform but they have a very good range of altcoins if you like trading and they have a good orderbook if you want to sell btc fast. The only issue is their verification which is difficult to complete,,, but I guess not more difficult than other platforms.

Stay away from their IEOs;)

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July 02, 2019, 06:57:57 PM
 #8

I am a Bittrex user and I will be honest, I like it. It is not the fastest platform but they have a very good range of altcoins if you like trading and they have a good orderbook if you want to sell btc fast. The only issue is their verification which is difficult to complete,,, but I guess not more difficult than other platforms.

Stay away from their IEOs;)
Yes Bittrex has been pretty much impressive and I have had some coins over the exchange couple of months ago. I made good money by trading my coins over the exchange and to be honest, I will prefer to stay on the exchange in future as well. However Binance is far better than Bittrex when it comes to speed and profits in trading.
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July 02, 2019, 11:53:02 PM
 #9

Remembering the days on where Bittrex is one of the top tier exchangers wayback.For now im not saying this exchange isnt already good but as a normal
trader or investor you would surely always go after on the best ones like Binance. Bittrex era is already gone but at least they are still trying their best to stand up
into this exchange market.

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July 03, 2019, 12:12:29 PM
 #10

I am a Bittrex user and I will be honest, I like it. It is not the fastest platform but they have a very good range of altcoins if you like trading and they have a good orderbook if you want to sell btc fast. The only issue is their verification which is difficult to complete,,, but I guess not more difficult than other platforms.

Stay away from their IEOs;)
People are getting use to this verification thing now, because virtually all exchanges and all projects platform do request for KYC, I have heard lots of great things about bittrex also and I think it will be the second choice of people to Binance, I have never used tem really to know if their verification procedure is same as that of Binance.

For Binance, they have verification requirement too, but theirs is a bit flexible, it becomes very necessary for those who are trading above certain amount of money and that is like grade 11 user, I think for the low level user, there KYC stuff is not Much mandatory for them. Anyway, I hope that one day, I will see reason to use bittrex, maybe they will have a coin I am interested in that is not on Binance, but for now, all the coins I wishes to trade are onBinance.

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July 03, 2019, 11:22:52 PM
 #11

Good news for all traders that Bittrex is still a safe place for traders.
today almost all traders focus on binance with the IEO and their trade. One day bittrex will be the No. 1 exchange again.

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July 03, 2019, 11:53:24 PM
 #12

Theres too many complaints logged against Bittrex, I myself is a victim of Bittrex where my account was closed without notice. When I logged in, I just noticed that I cant do anything anore, just view. They werr able to resolve the problem but still, they should have notified me.
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July 04, 2019, 12:17:20 PM
 #13

Now that is more detail about an exchange than I have ever seen before, you have a knack for creating a detailed article and quite possible answer all question one may have about a currrency exchange and that is a great thing.

You still need to write with more ... "bigger words"? I don't know what the term is but you have probably seen other investment or financial related articles and how they write like they are in some Shakespearean but financial play and how their words are not regular words you use in your everyday life?

Well, that makes them look professional, maybe you want to write the way we speak (like we are doing right now) and that is fine and can reach to more people and could make them feel comfortable but using those professional language also helps you look more trustworthy as well. Btw.. no bittrex is totally not the best one at all.

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July 04, 2019, 01:27:47 PM
 #14

After Bitrix began to block accounts, for me she went down from the second position to the fifth. After ISO with the ocean even lower. Now arbitration is sometimes there but only in small amounts.

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July 04, 2019, 04:49:44 PM
 #15

Theres too many complaints logged against Bittrex, I myself is a victim of Bittrex where my account was closed without notice. When I logged in, I just noticed that I cant do anything anore, just view. They werr able to resolve the problem but still, they should have notified me.

At least better than being defrauded, i don't think they have had any issue of scam.
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July 04, 2019, 07:25:02 PM
 #16

Hi Everyone!

I wrote up a review of Bittrex. I would love to hear your thoughts on Bittrex and if you guys think it's the best exchange available for trading.

https://blog.shrimpy.io/blog/bittrex-review

Look forward to hearing your feedback! Let me know if there are other exchanges you would like us to review.

Thanks,
Shrimpy Team

It is well known information about bittrex buddy. Actually in my point of you structures one of the best exchange for the newbie as well as for moderate level traders. However I wish to thank you you for writing this bittrex review. I am happy to say that at since I am the user of bittrex.

 
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July 04, 2019, 07:48:02 PM
 #17

The recent news on the withhold of customers fund had been addressed and resolved, in some cases they apologized. Stuffs like these can happen when market is getting bigger and hands are fewer, maybe they didnt prepare for it. The only thing is the inability to compete with rising exchange like binance, gate etc. I believe some exchange culture that are sustainable will keep the exchange in the long run

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July 04, 2019, 08:00:37 PM
 #18



I don't use them regularly now but only visit there to set my orders again when its filled. Nothing is much to day with bittrex except now that they have reduce the fees on trading and withdrawals. They may win traders confidence but the use of native coins on exchanges seem to be a common practice. BNB token for example has has become very successful because we don't want our coins deducted for fees.

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July 07, 2019, 10:09:37 AM
 #19

Theres too many complaints logged against Bittrex, I myself is a victim of Bittrex where my account was closed without notice. When I logged in, I just noticed that I cant do anything anore, just view. They werr able to resolve the problem but still, they should have notified me.

At least better than being defrauded, i don't think they have had any issue of scam.
The only issue exchanges like bittrex can ever have with people are all these services challenges which is not always, they can never have any case of scamming people because they are very reputable exchanges, just like Binance, Huobi and many of them. The issue my other friend complained about is very common with these top exchanges because they have so much volume on their site which usually cause traffic and network disruption later.

We just need to learn to be patient with them, they cannot all completely be perfect. Bittrex has served lots of people with good services, and this type of complain should not be used to really discredit them. To avoid these type of complain, we can just have another great exchanges in case one disappoint when we need them.
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