Compare Bittrex vs HitBTC
Bittrex and HitBTC are both cryptocurrency exchanges that provide traders and investors with the opportunity to buy and sell a wide range of digital assets. While Bittrex is based in the United States, HitBTC is headquartered in Hong Kong. In this comparison review, we will take a closer look at both platforms, comparing their features, user experience, fees, and security.
Features
Bittrex offers a user-friendly interface that is easy to navigate. It provides traders with a variety of trading options, including market, limit, and stop-limit orders. Additionally, the platform offers access to over 250 cryptocurrencies, including Bitcoin, Ethereum, and Litecoin.
On the other hand, HitBTC offers users access to over 800 cryptocurrencies, making it one of the most diverse exchanges in the industry. The platform provides traders with a customizable dashboard and advanced trading options, such as margin trading and stop-loss orders. Additionally, the exchange has an API that allows traders to develop their own trading bots.
User Experience
Bittrex provides a user-friendly interface that is easy to navigate, even for beginners. The platform provides users with 24/7 customer support, with a dedicated support team available to answer questions and provide assistance.
HitBTC has a more complex user interface than Bittrex, which may be overwhelming for new users. However, experienced traders may appreciate the advanced features and customization options available on the platform. HitBTC provides 24/7 customer support through live chat, email, and a support ticket system.
Fees
Bittrex charges a flat fee of 0.25% on all trades, which is relatively high compared to other exchanges. However, the platform does not charge deposit fees, and withdrawal fees are based on the network fees for each cryptocurrency.
HitBTC charges a maker-taker fee model, with makers receiving a 0.1% rebate and takers paying a fee of 0.1%. The platform also charges deposit and withdrawal fees, which vary depending on the cryptocurrency.
Security
Bittrex takes security seriously and employs a variety of measures to protect user funds. The platform utilizes two-factor authentication (2FA) and IP whitelisting to prevent unauthorized access to accounts. Additionally, Bittrex stores the majority of user funds in offline cold storage, which provides an additional layer of security.
HitBTC also takes security seriously and offers users two-factor authentication (2FA) to protect their accounts. The platform stores the majority of user funds in offline cold storage, and users can enable IP whitelisting for an extra layer of security.
Reputation
Bittrex has a strong reputation in the cryptocurrency industry and is considered to be a reliable and trustworthy exchange. The platform has not been involved in any major security breaches, and its customer support team is highly responsive.
HitBTC has a mixed reputation in the industry, with some users complaining about the platform's high fees and slow customer support. However, the exchange has not been involved in any major security breaches, and its customizable dashboard and advanced trading options make it a popular choice for experienced traders.
Conclusion
In conclusion, both Bittrex and HitBTC offer traders and investors access to a wide range of cryptocurrencies. Bittrex provides a user-friendly interface and reliable customer support, while HitBTC offers advanced trading options and customization features. Ultimately, the choice between these two platforms will depend on individual preferences and trading needs.
| Company | ||
|---|---|---|
| User rating | 12 user reviews | 190 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 12 user reviews | 190 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Bittrex was founded in 2014 in Seattle, USA. There is also a Bittrex International division, which is based in Europe. The list of coins and pairs is reaching hundreds which is great for many trading opportunities.
|
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
|
Founding Date
| 2014 | 2013 |
Country
| USA | Chile |
Type
| Centralized | Centralized |
Languages
| English, Russian, Chinese | English, Portuguese, Spanish, Korean, Chinese |
Mobile app
| iOS, Android | iOS, Android |
Full address
| Bittrex LLC Seafirst Fifth Avenue Plaza 800 Fifth Ave., Suite 4100 Seattle WA, 98104 | Av Vitacura 2969, Las Condes, Región Metropolitana, Chile |
Fees
|
30 Day Volume (USD) | Maker / Taker $0K - $50K 0.20% 0.20% $50K - $1M 0.12% 0.18% $1M - $10M 0.05% 0.15% $10M - $60M 0.02% 0.10% $60M+ 0.00% 0.08% Full fee schedule: https://bittrexglobal.zendesk.com/hc/en-us/articles/360009688359-US-Dollar-fiat-Trading-Deposits-and-Withdrawals https://bittrexglobal.zendesk.com/hc/en-us/articles/360012679299-Fiat-Euro-Trading-Deposits-and-Withdrawals |
Trading Fee Tier For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade. Example: The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total. The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee. Trading fees for upgraded accounts: Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee 1 ≥ 0 BTC 0.07% 0.07% 2 ≥ 10 BTC 0.06% 0.07% 3 ≥ 100 BTC 0.05% 0.07% 4 ≥ 500 BTC 0.04% 0.07% 5 ≥ 1000 BTC 0.03% 0.06% 6 ≥ 5000 BTC 0.02% 0.06% 7 ≥ 10000 BTC 0.01% 0.05% 8 ≥ 20000 BTC 0% 0.04% 9 ≥ 50000 BTC -0.01% 0.03% 10 ≥ 100000 BTC -0.01% 0.02% If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier |
| About |
Bittrex was founded in 2014 in Seattle, USA. There is also a Bittrex International division, which is based in Europe. The list of coins and pairs is reaching hundreds which is great for many trading opportunities.
|
HitBTC Cryptocurrency Exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars.
|
|---|---|---|
| Founding Date | Founding Date 2014 | Founding Date 2013 |
| Country | Country USA | Country Chile |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Russian, Chinese | Languages English, Portuguese, Spanish, Korean, Chinese |
| Mobile app | Mobile app iOS, Android | Mobile app iOS, Android |
| Full address | Full address Bittrex LLC Seafirst Fifth Avenue Plaza 800 Fifth Ave., Suite 4100 Seattle WA, 98104 | Full address Av Vitacura 2969, Las Condes, Región Metropolitana, Chile |
| Fees |
Fees
30 Day Volume (USD) | Maker / Taker $0K - $50K 0.20% 0.20% $50K - $1M 0.12% 0.18% $1M - $10M 0.05% 0.15% $10M - $60M 0.02% 0.10% $60M+ 0.00% 0.08% Full fee schedule: https://bittrexglobal.zendesk.com/hc/en-us/articles/360009688359-US-Dollar-fiat-Trading-Deposits-and-Withdrawals https://bittrexglobal.zendesk.com/hc/en-us/articles/360012679299-Fiat-Euro-Trading-Deposits-and-Withdrawals |
Fees
Trading Fee Tier For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. To put it simply, the more the user trades the lower their trade fees will be. Each user's volume will be calculated according to the total amount traded equivalent to BTC at the time of the trade. Example: The user buys 15 EOS for 1 LTC and at the time of the trade 1 EOS is equivalent to 0.001 BTC. This means 0.015 BTC will then be added to their 30-day trade volume total. The fees for Starter and General accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee. Trading fees for upgraded accounts: Tier / 30-days Trading Volume (BTC) / Maker Fee / Taker Fee 1 ≥ 0 BTC 0.07% 0.07% 2 ≥ 10 BTC 0.06% 0.07% 3 ≥ 100 BTC 0.05% 0.07% 4 ≥ 500 BTC 0.04% 0.07% 5 ≥ 1000 BTC 0.03% 0.06% 6 ≥ 5000 BTC 0.02% 0.06% 7 ≥ 10000 BTC 0.01% 0.05% 8 ≥ 20000 BTC 0% 0.04% 9 ≥ 50000 BTC -0.01% 0.03% 10 ≥ 100000 BTC -0.01% 0.02% If you're a professional trader and wish to discuss a personalized fee structure with HitBTC they'd be keen to talk. Please use the form in this link to reach out: https://hitbtc.com/fee-tier |
Trading
Bittrex trading volume is 19,637,933.0. The exchange has 356 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
HitBTC trading volume is 639,867,353.0. The exchange has 853 available trading pairs. Fiat trading is not available on the exchange. Margin trading is available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 19637933 | 639867353 |
Pairs
| 356 | 853 |
Coins
| 273 | 373 |
Fiat trading
| - | - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 19637933 | Volume 639867353 |
|---|---|---|
| Pairs | Pairs 356 | Pairs 853 |
| Coins | Coins 273 | Coins 373 |
| Fiat trading | Fiat trading - | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin - | Margin |
Safety
Two factor authentication
Verified
| Verified | Verified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Verified |
Social
Website
| international.bittrex.com | hitbtc.com |
| @bittrexexchange | @hitbtc |
Number of followers
| 772127 | 240010 |
| Website | Website international.bittrex.com | Website hitbtc.com |
|---|---|---|
| Twitter @bittrexexchange | Twitter @hitbtc | |
| Number of followers | Number of followers 772127 | Number of followers 240010 |
Rating
| User rating | 12 user reviews | 190 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Bittrex user rating is 3.8, based on 12 user reviews. HitBTC user rating is 3.8, based on 190 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Bittrex with HitBTC. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Bittrex was founded in 2014 in USA. HitBTC was founded in 2013 in Chile.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is HitBTC. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Bittrex is Centralized and HitBTC is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Bittrex has a mobile app available for iOS and Android. HitBTC has a mobile app available for iOS and Android.
Bittrex has 3 languages available, including English, Russian and Chinese. HitBTC has 5 languages available, including English, Portuguese, Spanish, Korean and Chinese.