Global Cryptocurrency Exchange BITTREX Reliability

Cryptocurrency Company

BITTREX is an overseas exchange based in the United States. It is popular with so many traders because it handles more than 260 stocks on the exchange. The biggest advantage of this exchange is that there are many newly listed currencies, so it may be possible to make a lot of money. On the other hand, transaction fees are higher than other companies. It is uniformly 0.25%. Since the support center responds very quickly and we have introduced a three-step authentication system, you can trade with great peace of mind.

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Company information

BITTREX is a cryptocurrency brand operated by Bittrex LLC. The cryptocurrency trading service was launched in 2014, and is one of the longest-established cryptocurrency exchanges.

Company NameBittrex LLC
Headquarters locationLas Vegas, NV 89148,USA
Business start date2014
CapitalUnpublished
number of employeesUnpublished

License

A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is BITTREX licensed? Previously, I failed to obtain a financial license issued by the Department of Financial Services in New York, USA.

Whether or not withdrawal is refused

It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. Some companies run away at worst, so what about BITTREX? The patterns of withdrawal refusals from past cases are summarized below.

Case studyContents
Withdrawal information errorYou cannot withdraw if the withdrawal destination is incorrect.
Under maintenanceWithdrawals may be delayed during system maintenance.
Withdrawal restrictionsBittrex has account-level withdrawal restrictions. Unverified cannot be withdrawn. ENHANCED can only withdraw up to 100 BTC.
hackingIn 2018, the operation was confused due to a cyber attack. As a result, Bitcoin Gold has been removed from the Bittrex list.
Account lockIf you violate Bittrex rules, you will not be able to withdraw. Also, if you are hacked, please contact the support team immediately.
If you change your passwordIf you change your password, you will not be able to withdraw 24 hours a day.

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