https://ift.tt/9s5uoie Bittrex alternatives: top competitors and exchanges better than Bittrex

8 Bittrex alternatives: top competitors and exchanges better than Bittrex

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Intro


Bittrex is one of the most popular exchanges globally – it claims to have over 500,000 active users. This article will show some of the best alternatives for Bittrex. So, if you are looking to replace Bittrex with some other exchange, you are the right place. Without further ado, let’s jump into details.

Best Bittrex alternatives


Kucoin


Regulated & high liquidity

kucoin logo

KuCoin

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, AUD, CAD + 20 more

With more than 10 million users and over 6 billion in daily trading volume, KuCoin is rightly in the top 5 crypto exchanges in the world. KuCoin is headquartered in Singapore and is also known as β€œThe People’s Exchange.” KuCoin offers 500+ cryptocurrencies that you can buy, sell, and trade.

More info +

Kucoin offers an impressive number of cryptocurrencies that you can buy, sell, trade and store with low trading fees. Kucoin supports spot trading, futures, P2P trading, margin trading, copy trading, savings, leverage, perpetual, NFTs, and many more. In addition, it has over 1200+ cryptocurrencies available for trade and 2300+ trading pairs.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
0 – 16$ (average)
⚑ Trading fees:
0 – 0.1 %
⚑ Payment Methods:
Debit and Credit card, Apple and Google Pay
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD + 20 more

Β  180+ countries supported
Β  Over 10 million users worldwide
Β  Mobile app available for iOS and Android
Wide range of cryptocurrencies available
Low fees
Many additional features

Just 4 payment methods
Hacked in 2020

Binance


Established & high liquidity

8 Bittrex alternatives: top competitors and exchanges better than Bittrex

Binance

πŸ‘› Ease of Use – Medium
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, AUD, RUB

Binance is widely considered the largest cryptocurrency exchange in the world. It was launched in July of 2017 and in a short period of time became the exchange with the largest trading volume with more than $1 billion on a daily basis.

More info +

How did Binance become so big so quickly? There are various reasons – low trading fees, professional attitude, the large number of cryptocurrencies supported by the platform, and friendly and transparent CEO. Some of the features available on Binance are Earn (locked and fixed savings, DeFi staking, and yield farming), Pool (join their mining and staking pools and earn rewards for keeping your chosen blockchains safe), Liquid swap, Liquidity pools, Automated trading bots, spot trading, futures and margin trading, and P2P trading.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.1%
⚑ Payment Methods:
Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more
⚑ Supported fiat:
USD, EUR, GBP, AUD, RUB, and 15+ more

Β  High liquidity
Β  It supports a large number of crypto assets
Β  Widely considered the largest crypto platform
Various advanced features and services
One of the lowest fees among top exchanges

Not available in the US
Not fully registered
Hacked in 2019

FTX


Trustworthy & high liquidity

8 Bittrex alternatives: top competitors and exchanges better than Bittrex

FTX

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, HKD, GBP, EUR, and more

FTX is a widely popular crypto exchange since it is the top15 in the world when it comes to daily trading volume. The platform focuses mainly on crypto derivatives and has a catchy slogan ”made by traders, for traders”.

More info +

FTX was launched in 2019 so it is still a relatively new player on the market. The exchange is owned by FTX Trading LTD. It is based in Hong Kong, HK. The exchange offers a variety of trading services such as perpetual futures, bitcoin options, MOVE contracts, spot trading, leveraged tokens, OTC desk, and oil futures.

Three major factors assure the stability and trustworthiness of the FTX platform and those are Alameda research, the FTX team, and the list of partnerships.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
0.01 – 0.07 %
⚑ Payment Methods:
Wire Transfer, SEPA, Credit Card, Silvergate Exchange Network (SEN), PayID, Signature SIGNET, and cryptocurrency
⚑ Supported fiat:
USD, HKD, GBP, EUR, AUD, SGD, CAD, ZAR, BRL, and CHF.

Β  Low fees
Β  A lot of advanced trading features
Β  Trustworthy and no hack so far

USA citizens still not allowed
Interface not suitable for beginners

Coinbase


Regulated & high liquidity

coinbase

Coinbase

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – EUR, USD, and 50+ more

Coinbase is one of the well-known, established, and trusted cryptocurrency exchanges. It was founded back in 2012, with its headquarters in San Francisco.

More info +

Coinbase offers its services in over 100 different countries around the world and has more than 60 million registered users. It offers its users more than 100 cryptocurrencies to choose from. Additionally, well above 400 trading pairs are offered on the Coinbase exchange. Furthermore, there is also a mobile app that is supported on Android as well as IOS.

⚑ Deposit fees:
Credit/Debit Card: 3.99%SEPA: €0U.S Bank Transfer: 1.49% (the US $0.15 min.)Coinbase USD wallet: 1.49%ACH Transfer USD: $0 Wire Transfer USD: $10
⚑ Withdrawal fees:
SEPA: €0.15U.S Bank Transfer: 1.49% (US $0.15 min.) Coinbase USD wallet: 1.49%Wire Transfer USD: $25
⚑ Trading fees:
Fees vary
⚑ Payment Methods:
Bank Account, Debit Card, Credit Card, Wire Transfer, SEPA Transfer,
⚑ Supported fiat:
USD, EUR, GBP, AUD, CAD, CNY & 50+ more

Β  An easy way for new users to purchase Bitcoin
Β  More than 100 cryptocurrencies to choose from
Β  A regulated and trustworthy company
High liquidity and purchasing limits

Confusing fee composition
Higher than usual fees

Kraken


Regulated & high liquidity

8 Bittrex alternatives: top competitors and exchanges better than Bittrex

Kraken

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Average
πŸ‘› Verification – 2-3 Days
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, JPY, CAD

Founded in 2011 in San Francisco, California, Kraken is one of the oldest and largest crypto exchanges in the business. This centralized cryptocurrency exchange allows its users to quickly and securely buy and sell over 90 cryptocurrencies.

More info +

Currently, 4 million users in over 170 countries worldwide use Kraken’s services (excluding Washington and New York in the U.S). Kraken is registered under FinCEN in the United States. Β Besides buying and selling crypto, this exchange also supports margin trading, OTC trading, market, and stop-loss limit order, staking, limit, futures, take profit market order, and more. It is an easy-to-use exchange and an ideal platform for secure, safe, and fast transactions.

⚑ Deposit fees:
EUR SEPA Deposit (Free) – EEA countries only USD Bank Wire Deposit ($5 USD) – US onlyEUR Bank Wire Deposit (€10) – outside the US only USD Bank Wire Deposit ($10 USD) – outside US onlyJPY Bank deposit (Free, Β₯5,000 deposit minimum) – Japan-only USD, Wire Deposit (Free)
⚑ Withdrawal fees:
Cryptocurrency: Fees vary, SEPA Withdrawal (€0.09) – EEA countries only USD Bank Wire Withdrawal ($5 USD) – US only USD Bank Wire Withdrawal ($60 USD) – outside US onlyEUR Bank Wire Withdrawal (€60) – outside US onlyJPY Bank withdrawal (Β₯20) – Japan onlyCAD EFT Withdrawal ($10 CAD)
⚑ Trading fees:
Maker: 0.16%Taker: 0.28%
⚑ Payment Methods:
Fedwire, Bank Transfer (SEPA), SWIFT, Wire Transfer, Etana Custody, Silvergate Exchange Network (SEN), FPS, CHAPS, and BACS, PayID, Osko
⚑ Supported fiat:
USD, EUR, GBP, JPY, CAD

Β  Available almost worldwide
Β  High security
Β  Over 90 cryptocurrencies
Various payment methods

Fees slightly above the industry average
No tax support

Uphold


Regulated & high liquidity

uphold exchanges

Uphold

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, GBP, EUR + more

Launched in 2015 in New York, Uphold represents an exchange platform that supports crypto, precious metal, US equities, Forex trading, and commodity trading.
Uphold has gained popularity through its Anything-to-Anything feature that enables users to trade different types of assets. There are more than 50 cryptos supported, including majors, alt-coins, stablecoins, and emerging tokens.

More info +

There are a variety of different payment methods such as Bank Transfer, Wire Transfer, Crypto Exchange, SWIFT, Credit/Debit Card Payment, and many more. Depositing and withdrawing are free of charge, but users have to pay network and trading fees. The trading fees aren’t fixed, and they vary depending on the trading spread (the spreads are based on the trading asset and country).

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Free
⚑ Trading fees:
Based on spreads
⚑ Service fees:
1% – 3%
⚑ Payment Methods:
Debit/Credit Cards, Bank Transfer (SEPA), SWIFT, ACH Transfer, Wire Transfer, Crypto Conversion, etc.
⚑ Supported fiat:
USD, GBP, EUR, and 15+ more

Β  Anything-to-Anything feature
Β  Straightforward registration process
Β  Enables investments in US stocks, national currencies, and precious metals
There isn’t a fixed minimum investment

Telephone and Live-chat support doesn’t exist
Lower volume assets require higher spreads

Gate.io


Regulated & high liquidity

Gate.io

Gate.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – Low
πŸ‘› Verification – 1 day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – Β USD, EUR, GBP, JPY, AUD, + 50 more

Launched in 2013, Gate.io quickly became one of the world’s largest crypto exchanges, with more than $1 billion in daily trading volume. This US-based exchange has over 9 million users all over the world.

More info +

Gate.io offers an impressive number of cryptocurrencies that you can buy, sell, trade and store with low trading fees. Gate.io supports spot trading, futures, P2P trading, margin trading, copy trading, savings, leverage, perpetual, NFTs, and many more. In addition, it has over 1200+ cryptocurrencies available for trade and 2300+ trading pairs.

⚑ Deposit fees:
Free
⚑ Withdrawal fees:
Vary from crypto to crypto
⚑ Trading fees:
Maker: 0.01% Taker: 0.2%
⚑ Payment Methods:
Debit/Credit Card and Bank Transfer
⚑ Supported fiat:
USD, EUR, GBP, JPY, AUD, + 50 more

Β  Excellent for low-cap gems
Β  High liquidity
Β  A huge number of features
Adding new services quickly

Not recommended for beginners
FAQ lack details

Cex.io


Regulated & Established

8 Bittrex alternatives: top competitors and exchanges better than Bittrex

Cex.io

πŸ‘› Ease of Use – Easy
πŸ‘› Fees – High
πŸ‘› Verification – 1 Day
πŸ‘› Reputation – Trusted
πŸ‘› Supported fiat – USD, EUR, GBP, RUB

Founded in 2013 in London, UK, and with over 4 million users, Cex.io is among the oldest cryptocurrency exchange platforms on the market. On Cex.io, you can buy, sell, trade, and store over 100 cryptocurrencies.

More info +

This centralized exchange supports fiat to crypto purchases, margin trading, spot trading, staking, lending, leverage, and savings. It has more than 100 cryptocurrencies available for trade and over 220 trading pairs. Today, Cex.io is available in more than 180 countries around the globe (including the U.S.). Cex.io applies AML and KYC policies, and it is registered with The Financial Crimes Enforcement Network (FinCEN).

⚑ Deposit fees:
Β 0 – 3.99 %
⚑ Withdrawal fees:
0 – 3 %
⚑ Trading fees:
0 – 0.25 %
⚑ Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments
⚑ Supported fiat:
USD, EUR, GBP, RUB

Β  Regulated and licensed
Β  Well Established Company
Β  Mobile App (Android and iOS)
Great support

Lower liquidity than other exchanges
Extensive Verification Process

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FAQs


Is Kraken or Bittrex better❓

Bittrex holds between 10-20% of assets on the exchange.Β Kraken is the superior optionΒ as they hold less online, therefore they are less of a target for hackers.

Is Bittrex or Binance better❓

Binance is a better exchange than Bittrex – lower fees and more crypto options to choose from.

Is Bittrex or Coinbase better❓

Coinbase is a better exchange than Bittrex.

Is Bittrex cheaper than Coinbase❓

Yes, Coinbase charges high fees than Bittrex.

Is Bittrex a Chinese exchange❓

Bittrex is based in Seattle, USA.

Is Bittrex a Tier 1 exchange❓

It’s hard to consider Bittrex a Tier 1 exchange.

The post 8 Bittrex alternatives: top competitors and exchanges better than Bittrex appeared first on CaptainAltcoin.

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