bittrex

Bittrex is a centralized cryptocurrency exchange that is considered the best platform for digital trading assets in the United States, which offers quick trade performance, reliable digital wallets, and industry-leading security measures. 

• Founders: Bill Shihara, Rami Kawach, Richie Lai
• Founded: 2014

Key Features:

• It offers reliable digital wallets, lightning-fast trade execution, and market-leading security measures.
• Aims to nurture creativity, incubate cutting-edge technology, and promote radical change to progress the blockchain sector. 
• Offers a simple buy/sell feature along with advanced tools for people who prefer simplicity.
• Uses a maker-taker fee structure where user's fees reduce based on their 30-day trading volume.
• Provides educational resources to help users understand trading better and make informed trading decisions.

The firm has made 2 investments, the most recent investment was on February 28, 2022, when VALR raised $50 million. On July 3, 2019, Bittrex acquired Tradedash, a cryptocurrency trading platform. The estimated annual revenue of the firm is 62.4 million per year, and the estimated revenue per employee is $162,500 at present. Around 384 employees work at Bittrex, and the employee count of the firm increased by 4% last year.  

FAQs

1. Is Bittrex safe to use?

It is said to be one of the safest crypto exchanges globally with security features including two-factor authentication, multi-signature wallets, cold storage, regular security audits, and digital asset insurance.

2. Does Bittrex have a mobile app?

Yes, it offers a mobile app where users can deposit, trade, and withdraw funds.