Bittrex Exchange Review

Bittrex Global has closed down its operations!

Bittrex Exchange Vs Coinbase Exchange

There are a lot of differences between Bittrex and Coinbase. While Bittrex had its fair share of hacks and has applied for bankruptcy protection, Coinbase is much better situated and is listed as a publicly listed company.

That shows that Coinbase is better positioned as a trusted company that offers self-custody compared to a custodial wallet offered by Bittrex.

Coinbase offers more tools and features; users can access the same features and stake tokens and stablecoins, trade and store NFTs, and also access future and margin trading.

Moreover, Coinbase allows institutional buyers to purchase and manage larger buys through OTC services.

Bittrex Exchange Vs. Binance Exchange

Binance is one of the leading cryptocurrency exchanges that is partly regulated but offers services across the globe. The platform has the highest trading volume, and even though it’s been scrutinized in the past, it still holds market capitalization.

When depositing using credit cards, Binance charges a fee of 2%. It has a mobile app and also offers additional features such as staking, futures trading, derivatives, margin trading, and NFTs. Additionally, users can stake both altcoins and stablecoins, while on Bittrex, only Cardano trading is allowed.

Trading fees are much better; however, Binance is not completely legal in the US and operates a decentralized exchange.

When comparing the two, the balance shifts in favor of Binance for the number of added tools and features it offers to traders.