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Bittrex is currently a large cryptocurrency trading platform which enjoys a marked popularity and attracts customers from all over the world. Its success is attributed to a combination of factors, chief amongst them being its almost impeccable level of security and safety, which is especially important in the perilous world of cryptocurrencies, as well as its wide and varied, extensive offering of crypto currencies and crypto pairs supported. Offering a great number of different cryptocurrencies, beyond the usual popular ones, but also including many newly-launched coins, which are usually hard to find, as of recently Bittrex also accepts the main fiat currencies as well. This means that Bittrex users can fulfil all their crypto exchange and trading needs from the same venue, without having to exchange fiat for crypto elsewhere first.
Though Bittrex is indeed popular and on a constant expansion course, there are some pain points that its users find problematic, which might lead them to consider other alternatives to this particular exchange. The fiercely competitive crypto exchanges landscape and the constant emergence of new exchanges mean that crypto enthusiasts have a plethora of choices when it comes to exchanges ready, willing and able to better serve their needs, so it makes sense for interested users to explore the available alternatives in order to discern the best and most suitable one for them.
If you are indeed seeking an alternative to BITTREX this is perhaps the result of the main disadvantages of this exchange, chief amongst which seems to be a dissatisfaction about the customer service and customer support levels offered, and especially marked delays in responses being timely given to users. Since solid customer support is crucial, especially for novices in the crypto world, then poor customer support may well be a justifiable reason to seek alternative service providers. Moreover, Bittrex has also been criticized in terms of its enhanced security, which some users find excessive and complain that Bittrex is too secure and as a result has even locked them out of their own accounts.
Finally, the fact the Bittrex is very welcoming to newly launched cryptos entails risks and dangers for its users, since some of the newer coins are often used as vehicle for pump and dump schemes, leading unsuspecting investors to suffer great losses.
For your effort to find a better alternative to Bittrex to be effective and meaningful, you need to ensure that whichever, new or longer established crypto exchange you shall be considering exemplifies the same merits as Bittrex, while at the same time being able to offer you a better service than Bittrex, especially in those aspects which you consider to be Bittrex’s drawbacks.
As Bittrex is a highly secure exchange, it would make little sense to pick a less reliable and secure provider instead. Moreover, a strong point of Bittrex is the wide crypto selection it offers which means more opportunities for profit and an enhanced ability to differentiate your trading and investment portfolio, so any viable alternative should be able to match this rich offering.
Another factor to pay attention to when seeking an alternative to Bittrex is the fee structure and fee heights imposed by any of the alternatives you are considering. In terms of fees, Bittrex offers competitive fees and a very convenient and easy to understand and calculate flat rate fee on all transactions, allowing you always know in advance what you will be charged.
Finally, make sure that any Bittrex alternative you are thinking of choosing enjoys a good reputation, has not been hacked and puts at your disposal good quality customer service and support, which is easily accessible and available and handles all your problems and queries in a prompt and effective manner.
Binance enjoys a huge popularity among online crypto exchange platforms with its main advantages being that it charges minimal withdrawal fees, while offering interested traders and investors the chance to purchase and exchange a great variety of different cryptocurrencies.
For those wishing to be part of the new digital reality when it comes to currency transactions, a relatively new entry on the scene, namely Zeply, presents an appealing option and should be seriously considered as your next venue for grabbing some Bitcoin. Zeply is a type of cryptocurrency exchange in the form of a platform where one can buy, exchange and store cryptocurrency using fiat currency.
Coinbase is one of the biggest cryptocurrency exchanges in the world and it is also extremely popular due its high levels of security, which have also earned a very good reputation in the crypto exchanges industry. As such, Coinbase is one of the world’s favourite venues for buy cryptocurrencies and especially Bitcoin.
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