Initially, this platform was threatened with security problems as phishers and scam were rampant on it. This made the management heavily invest in several security measures for the platform, and today, Bittrex is among the safest and secured exchanges in the world. It was founded in 2013 by Bill Shihara and his other two business partners. The head office of the firm is located in Seattle, Washington, DC.
Bittrex is known to offer its users reliable and reputable cryptocurrency services. This is the main reason the firm is highly rated and on the limelight. Crypto traders that are involved in large trades find this exchange palatable, although it’s free are slightly higher than the Kraken. Bittrex does not have a mobile app for its Operation, but notwithstanding, its user interface is a lot smoother than most exchanges. Most Brittex funds are being held offline, making the platform more secure from fraudulent activities.
The platform like Kraken is not also beginner-friendly; hence most of its users are well experienced in the industry. In Bittrex, traders are permitted to only deposit and withdrawal two Bitcoin a day without revealing their identity. Large amounts of Bitcoin deposit and withdrawal without revealing personal identity was permitted in the past but not any longer. It has now being reduced to two Bitcoin in a day.
