The trading of digital coins is offering people with a chance to get good returns on their investment, so naturally many are interested in knowing more about the digital assets. When you decide to venture into the trading of the altcoins, you need to opt for a reliable exchange that can meet all our demands. With some of the cryptocurrency platforms getting hacked and resulting in heavy loss of the altcoins, you need to know about the exchanges in the market. It will help you select the ideal one that meets your purpose. One of the widely popular exchanges that are well-known for its security measures is the Bittrex. The exchange has the reputation of the secure exchange with a customized trade engine to facilitate easy and quick execution of orders. The company founded in 2014 has its headquarters in Seattle, Washington. The company has strong security features as the founders Bill Shihara, Ryan Hentz Richie Lai, and Rami Kawach have more than 50 years of combined knowledge in the security. The team has previously worked as the IT and security experts with the help of Bitrex support number 1-800-509-3075 you can know all about crypto currencies like as Microsoft, Qualys, Amazon, and Blackberry. So, the team focuses on the trustworthy coins, which garners the trust of the investors.
About Bittrex
The platform facilitates crypto-to-crypto trading, so you can start buying only if you possess the digital coins. The exchange does not support the buying of digital assets with the fiat currencies. It is a secure and easy-to-use online exchange offers the ideal platform for you to access Bitcoin, Ethereum, and other popular altcoins. The main feature of the exchange is the different types of account available to appease the traders. The unverified, basic, and enhances account offers the traders the convenience to opt according to their requirement. The level of verification depends on the account, but higher verification offers you more freedom.
Pros
- The exchange has the following advantages that make it an attractive choice for your digital currency trading.
- The exchange charges a flat rate of 0.25% for your every trade, so it is easier to remember how much you have spent.
- The exchange offers you a wide variety of cryptocurrencies (more than 190), which makes your trading exciting. You can choose from the older as well as newer digital coins according to your wish.
- The verification process is fairly simple as you need to provide only minimal information. The exchanges use a service called Jumio, which can collect information about a person from any part of the world. Therefore, it is easier to keep the platform safe from hackers as they never get hold of your detailed information.
- The platform is developed on an elastic computing method that facilitates swift transaction without any delay. So, it processes the trades as quickly as possible to save your time.
Cons
- The exchange has some glaring drawbacks, which you need to know before opting for it.
- It does not support fiat trading, so you can only buy digital coins with the help of other altcoins.
- Many users have complained about locking out from their account. It is because the exchange opts high-security measures, which causes inconvenience to investors.
- The exchange has a weak customer service as the dealing with complaints and problems is not up to the mark. Many users have complained about the lack of response for weeks that has resulted in trading issues.
The Bittrex is the ideal exchange if you give more importance to the safety of the digital coins then in this case you can call Bitrex customer phone number for all queries related problems to your Cryptocurrecies or exchange. The easy-to-use exchange offers you a diverse choice of coins to make the trading a great experience.
