What is Bittrex?
Bittrex is a cryptocurrency exchange that allows users to buy, sell, and trade a wide variety of cryptocurrencies. It is known for its robust security measures and a large selection of altcoins.
Who is the Founder?
Bittrex was founded by Bill Shihara, Richie Lai, and Ryan Hentz.
When Did It Start Operations?
Bittrex was established in 2014 and began operations in the same year.
Where Is It Based?
The headquarters of Bittrex is located in Seattle, Washington, USA.
In Which Countries Is It Banned?
Bittrex operates in many countries but may face restrictions in certain regions, including:
- China: Cryptocurrency exchanges are banned.
- Iran: Bittrex does not provide services due to sanctions.
- Other Countries: Some countries may have specific regulations limiting access to the platform.
What Is the Trading Fee?
Bittrex’s trading fees are typically around 0.25% for both maker and taker orders. Fees can vary based on trading volume and other factors.
Is Margin Trading Available?
Yes, Bittrex offers margin trading on selected pairs. Users can trade with leverage, allowing them to borrow funds to increase their trading positions.
