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Review: Bittrex Global cryptocurrency exchange

Trade on Bittrex Global to find a wide range of crypto-to-crypto markets.

  • Good for straightforward trading without superfluous features
  • Not so great for high volume traders who want tiered fee discounts

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Sam Bourgi
Last Updated

1

Fiat currencies

274

Cryptocurrencies

Details

Product Name Bittrex
Fiat Currencies USD
Cryptocurrencies BTC, ETH, ADA, BSV, ALGO, BCH, LINK, LTC, PAX, XRP & 260+ more
Deposit Methods Bank transfer (ACH)
Trading Fee 0.25%
Deposit Fees None
Withdrawal Fees Fees vary
Disclaimer: This information is not financial advice or an endorsement of cryptocurrency or any specific provider, service or offering. Cryptocurrencies are highly volatile and high risk. Do your own research and seek financial advice before buying. Please check with providers if their services are available in your state.

Learn more about Bittrex

What's in this guide?

What fiat and cryptocurrencies are supported?

  • Supported fiat currencies: USD
  • Supported cryptocurrencies: Approximately 274 cryptocurrencies

Which payments methods are accepted?

  • Bank transfer (ACH)

Fees and limits

As of February 2021, Bittrex Global trading fees are 0.2% per trade under $50,000. The following chart shows what fees to expect based on a 30-day volume.

30-Day Volume (USD)Maker feesTaker fees
0 – 50,0000.200%0.200%
50,000 – 1,000,0000.120%0.180%
1,000,000 – 10,000,0000.050%0.150%
10,000,000 – 60,000,0000.020%0.100%
60,000,000 and more0.000%0.080%

How fast will my funds be available?

Deposits

Clock icon for transfer speed

Same day

Cryptocurrency deposits may take several minutes to several hours to complete, depending on the network status at the time and on your transfer fees.

Withdrawals

Clock icon for transfer speed

Same day

Cryptocurrency withdrawals may complete in a few minutes or a few hours, depending on the situation.

Is Bittrex Global safe to use?

  • Regulation. Bittrex Global is a European company located in Liechtenstein. It complies with applicable European laws that regulate cryptocurrency exchanges and AML/KYC obligations.
  • Verification process. Verification is required for trading on Bittrex Global.
  • Security features. Bittrex follows industry best practices such as keeping the majority of user funds in cold storage.

There are no known instances of Bittrex being hacked, but individuals have lost funds after being personally targeted through SIM swapping attacks. Some victims of SIM swapping have accused Bittrex of negligence after it failed to prevent transactions that, according to the victims, should have been regarded as suspicious.

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Cryptocurrencies

BTC, BCH, BSV, ADA, DOGE, EOS, ETC, FIL, XLM, ZEC & 50+ more

Deposit method

Bank transfer (ACH), Credit card, Debit card, PayPal, Bank transfer (SEPA)

Trading fee

Fees vary

Withdraw fees

Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55
Outgoing Wire Transfer: $25
Fees vary by location and payment method.

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Cryptocurrencies

BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM & 10+ more

Deposit method

Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill

Trading fee

Fees vary. Overnight and weekend fees apply

Withdraw fees

US$5 (minimum withdrawal of US$50)

How do I create an account at Bittrex?

To get started with your Bittrex account:

  1. Create an account. After choosing sign up, you’ll be prompted to provide your email address and choose a password.
  2. Verify your email. You will receive an email from Bittrex inviting you to confirm your email address.
  3. Verify identity. Verify your identity by providing personal details such as your name, and upload documentation such as your driver’s license.
  4. Start trading. Get started by making a cryptocurrency deposit. If you want to make a USD deposit or withdrawal, or access the USD markets on Bittrex, you’ll have to submit a request form and wait for it to be approved.
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What else do I need to know about Bittrex?

While Bittrex Global is based in Liechtenstein, Bittrex itself was founded in the USA, and through its USD markets, it serves a wide range of users.

In a nutshell

Pros

  • Simple fee structure. Bittrex Global’s trading fees are simple and straightforward.
  • API trading available. Users can trade with bots and other custom systems through the Bittrex API.

Cons

  • Mediocre trading fees. Bittrex Global’s flat 0.25% trading fees are higher than some equivalent platforms.
  • Limited fiat offerings. Bittrex Global only offers fiat deposits on special request to eligible users.
  • Not available in the US. Bittrex Global is not available in the US. But its sister site, Bittrex, is.

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Frequently asked questions

What countries are supported by Bittrex Global?

Bittrex Global is available worldwide, except for sanctioned countries and the United States.

Is there a Bittrex app?

No. There is no official Bittrex app, but there are some third-party apps that allow trading on Bittrex.

What’s the verification process for Bittrex?

The verification process for Bittrex involves providing some personal details and then uploading documents for verification.

What customer support does Bittrex offer?

Bittrex has an expansive help section with answers to frequently asked questions and contact details for its customer support team.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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2 Comments

    Default Gravatar
    Yumi
    May 20, 2018

    How to buy reddcoin thru bittrex? How to register and what bank is linked to bittrex?

    Reply
      Avatarfinder Customer Care
      Joshua
      May 20, 2018

      Hi Yumi,

      Thanks for getting in touch with finder. I hope all is well for you. :)

      Let me answer your questions one by one.

      1. How to buy reddcoin thru bittrex?

      To buy Reddcoin through Bittrex, you need to open an account. From there, log into to your account. You must add Bitcoin first to your Bittrex account to be able to buy Reddcoin or other digital coins.

      Unfortunately, Bittrex does not offer the direct purchase of cryptocurrency using credit, debit or Automated Clearing House (ACH) bank accounts.

      To deposit cryptocurrency in Bittrex, click “Wallets” in the upper right corner of the site, search for the wallet you are going to deposit into and select “New Address”. This will generate your address. You will then be able to send cryptocurrency to that address.

      2. How to register?

      To register, you can simply go to Bittrex official website and create your new account.

      3. What bank is linked to Bittrex?

      Like what I mentioned above, Bittrex does not have this feature yet.

      We have an extensive list of exchanges. You might want to check it out.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

      Reply
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