What is Bittrex and how does it work?

Bittrex is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $300 million. The exchange offers various digital assets, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and more. Bittrex has been a cryptocurrency pioneer and one of the first exchanges to offer various altcoins

Is Bittrex a Fiat-to-crypto exchange?

Bittrex was founded in 2014 by engineers Bill Shihara, Richie Lai, and Rami Kawach, and is headquartered in Seattle. This exchange initially offered only crypto-to-crypto trading, but it recently introduced fiat-to-crypto trading as well.

What is Bittrex verification?

Verification: This is the process by which an exchange checks who you are before you’re allowed to start trading. Bittrex aims to take as little user information as possible while keeping the platform safe from harm. It does this using a service called Jumio, which checks local records.

Is Bittrex hacked?

The exchange’s trading platform is highly praised for its speed and stability, and indeed the exchange has never been hacked in all of its existence. On the downside, Bittrex seems to be suspending user accounts without prior notice and offer minimal customer support.