Exchange Bittrex (Bitrix) - a popular platform for trading cryptocurrencies

One of the main problems for a novice trader is the choice of an exchange for trading. Nowadays, their assortment goes off scale, everyone offers their advantages and hides flaws with skill, so it can be very difficult to determine who is worth working with. And since the main rule of a trader is “do not put all your eggs in one basket” and do not trade on only one platform, then you should decide on a couple of exchanges that will be your favorites. In this article, we will talk about the Bittrex exchange, which is definitely worthy of such a role.

Bittrex.com - large crypto exchange

For a long time, the main place in the TOP and in the hearts of users was occupied by the Poloniex exchange, but recently it began to actively lose its positions. Its main competitor, a site called Bittrex, managed to stay at the top of the list. most popular exchanges and today most traders prefer it to her. Just imagine, for a day here scrolls about the order of 230$ million, while even the above-mentioned stock exchange is satisfied with the turnover on 60$ million less. If you compare Bitrix with smaller services for trading, then at all you can see a colossal difference, as the trading volumes on many of them reach only several tens of millions in evergreen banknotes.

Started Bittrex in 2015 year and by nationality is an exchange of American origin. But despite the overseas occurrence, the site quickly spread to other continents and even reached the Russian-speaking market segment. And although the Russian-language translation for our compatriots did not, Bitrix prefers more and more Russian-speaking users, because it's not the localization of the site, but in the capabilities that the trading platform provides.

Its position Bittrex deserved, in the first place, convenient functionality, a large number of trading pairs and a loyal customer policy. But the American service is not at all an ideal exchange, sins are found behind it, although the court is not caught in high-profile intrigues and scams.

Bittrex Exchange: advantages and disadvantages

The active interest of users to Bittrex for itself says that the exchange definitely has some advantages over its competitors. And I must say that from these very advantages it is possible to make a weighty list:

• A large number of trading pairs - trade there is something on Bitrix, and some scamcoins are not added to the listing, which are a dime a dozen on sites such as YoBit. On the one hand, we have only actual coins, but on the other, their quantity is quite enough to trade in various directions. There are 264 trading pairs in total.
• Bitrix is ​​enough a major trading platform for bitcoin and ether. Turnover of these coins reaches a day 30$ million and 15$ million, respectively.
• The funds on the exchange are located under serious protection. The main server stores only a small part of the money, while the bulk of it is stored on "cold" servers, that is, outside the network. User accounts are reliably protected from hacking, there is two-factor authentication.
• Standard, both for crypto-exchange exchanges, commission fees - 0,25%.
• Acceptable graphics and convenient analytical tools. Trading instruments, that is, orders, also do not cause users to complain.
• Exchange keeps the full history of your orders - you can view deals for any period.
• Unlike Polonix, the exchange does not begin to hang during trading, and at the time of an active course reversal, unexpected "technical work" does not begin. Administration does not prevent users from earning, but provides for this all the conditions.

One of the important features of Bitrix is ​​that very often very young coins are added here, immediately after ICO. This is an excellent opportunity to break a solid jackpot, which is not pampered on other major exchanges.

As for the shortcomings - but where without them? - you can note small nuances that do not play a big role. For example, the lack of Russian language by many users is perceived as a critical drawback or someone is not pleased with the lack of a partner. There is a lot of information on the network that Bitrix is ​​mandatory verification and this is perceived as a minus. But in fact, the identification of a person on Bittrex does not require the provision of a passport, so it is not worthwhile to consider simply filling out a questionnaire an encroachment on your personal information.

Registration for Bitrix

The advantages were talked about, what service did not please the diverse public - also, now it's time for the most important action - registration of a personal account. You do not need to be a native speaker of English to understand how to go through this procedure, nevertheless we will tell in detail in pictures what to write and where to click to become happy owners of accounting on Bittrex.

1) Visit the site of the crypto exchange - https://bittrex.com/.


2) On the main page, we are interested in the "LOGIN" button in the right corner or "Get started now" below on the page. If you chose the latter option, then the registration form will open to you, if you clicked the authorization button, you will have to find a link to create a "Sign Up" account.

3) After this, there is an elementary procedure: we register the login, mail and password in the corresponding columns of the form. Further, it remains only to accept the terms of the agreement by ticking and press the "Sign Up" button.

4) The last step is to confirm the mail. It is required simply to follow the link in the letter, but if you specified an invalid e-mail address, the above procedure will have to be repeated, but this time only write the truth and nothing but the truth.

Verification on Bittrex

As already mentioned above, verification at Bittrex is mandatory. This does not mean that you will not in any way be allowed access to the exchange, if you do not pass it - you simply can not get anything out of it. And since we are all looking for profits on the exchanges, the issue of withdrawal is strategic for us. As for conversations about total verification, many commentators simply exaggerate, since in reality verification is not as terrible as it is drawn.

If on many stock exchanges verification is inextricably linked with the demonstration of their documents, then on Bittrex things are simpler. Scan your documents and do selfie with them in an embrace is required only with an advanced verification, which is necessary for the trading guru, which deduces a hundred bitcoins per day. For smaller amounts, within a few bitcoins per day, a basic verification is quite suitable, which is easy to go through - it's enough just to tell a little about yourself.

For verification, go to the section "Settings" in your account. Then choose "Basic Verification" and, using the services of an online translator or your own knowledge of English, fill in the data about yourself, the date of birth and the place of residence. The specified information will be checked by the security service of the exchange and you will be given a verdict on the passage of verification or indicate what you need to correct in order to get this status.

How to trade on Bittrex?

After registration and verification, a seriously tuned trader must refill the account. This is done in the section "Wallets", in which you will see a bunch of accounts in a variety of coins, which are still empty. These are the "purses" you need to replenish in order to conduct further operations of sale and purchase. To replenish, click the plus sign next to the asset to which you would like to make a transfer and send funds to the address that you will generate the system.

To conduct trade you will be in the "Markets" section. The very process of bidding is similar to this process on other exchanges, there are no fundamental differences. You just need to find the coin you are interested in and click on it - there will be full statistics on this direction of trade, and you will be able to analyze the market situation with the help of graphics and other analytical tools. On the same page, a purchase order ("Buy") And the sale ("sell").

How to output with Bittrex? All in the same section "Wallets". The essence of the manipulations is the same as when replenishing an account, but in front of the selected coin you will need to press the "-" button. In the application for withdrawal from you will be required to specify the wallet and the amount of the transfer, and then click the confirmation button. It is very important to make a transfer to the specified type of wallet when withdrawing funds and replenishing the wallet. If you choose the function to replenish Bitcoin-Account, and you translate it to the etherium, then your coins are simply lost and will not reach your balance.

Bittrex - exchange reviews

At present, the Bitrix Exchange ranks third in terms of daily trading among all trading platforms. This is quite a natural phenomenon, since it has a lot of advantages, with quite acceptable drawbacks. The main thing is that on this platform for the trader really comfortable conditions are created. This is also evidenced by most of the reviews on the stock exchange, which have a predominantly positive nature. Well, after a series of unpopular decisions of the administration Polonix, Bitrix has become an alternative for many traders. We advise you to create a personal opinion about Bittrex, for which you will need to create an account on this site. After all, on kriptornke extremely important risk diversification, and if you add several exchanges to your portfolio, then Bitrix fully deserves the right to be on their list.