Topic: Binance vs Bittrex - page 12. (Read 1571 times)
I have an account at Bittrex for the last 3 weeks, they keep a very low quality customer support. On top of that, when I submitted my documents for the KYC, they delayed my verification for two weeks. I did not withdraw any funds so far.
I think Binance is better. If we see user feedback, Binance has got more positive user feedback. On the other hand, Bittrex has recently got more negative feedback.
Binance interface just seems overall nicer, and I've had too many bugs with Bittrex. Keeping crypto on any exchange is definitely risky, but at least Binance is somewhat reputable
I prefer Binance over Bittrex, it's easy to see, fast, and i personally really like the 100%, 50% ~ sell/buy order button, since i dont do all out or in when I am trading alt.
In the issue of fees, Binance overcomes Bittrex but Bittrex is a company that has been in the market for a long time and gives a great reliability to the user, besides the Bittrex layout is very clean and easy to use, great for beginners and great for those who are already veteran.
I prefer binance over bittrex. binance doesn't requires us to submit any ID to trade crypto(yet) and has decent daily withdrawal limit, whereas on bittrex one cannot trade unless one goes through enhanced verification(their basic verification is just for show).
I have been using bittrex for over a year. Never have been asked for any ID verification. Recently some users were subjected to verification becuase the accounts were suspected to participate in pump and dump.
Coming to comparison, binance gives you option to trade in btc like bittrex. But it's trade volume is much lower as compared to bittrex.
Bittrex on the other hand has much more coins (100+ atleast), so it give you better opportunity to trade. Volume is high so you can make big trades.
I'll go with Binance now, because I just discover Binance. Since I started trading, I first use Bittrex but I found now Binance is really good. The only problem in Binance is you can't trade some decimal values so that's why. Bittrex is also good because there are lot coins there.
Binance any day over bitrexx, the user friendly features make me fall in love with it. No ID is required to trade on it.
Of course Binance. Notice when Bitrex added new coins? and compare with the rate of listing the coins on the binance. A very important factor in comparing these exchanges is the speed of response of the support service. On bittrex, you can not create an account recently and there are difficulties with verification. On a benise there is an opportunity to receive a discount on the commission at a rate of 50%. There is also an opportunity to participate in the ICO on the exchange, which is very convenient. In general, open the roadmap of the Binance and look at the plans of the team - it's very cool.
Bittrex used to be like this before thats why one reason why many users of Poloniex migrated to Bittrex because is the slow response of support and slow resolution of opened tickets. Binance on the other hand is new and they may have not reached the number of users compared to Bittrex but once they achieved the number of users like Bittrex, they may also encounter the same problem. Just started to get into trading alts again, what would someone say is the main differences between the two exchanges of binance and bittrex? I've just gotten involved in both and I must say I really do like Binance more, charting is nice, fees are cheaper, and everything just seems a bit sleeker.
What does everyone on here use for trading and what do you like about it?
What does everyone on here use for trading and what do you like about it?
it's up to you to choose which one but the obvious bittrex security is very good if you want to take advantage of the price difference from bittrex with binance is also good.
Honestly, I have been using bittrex for a while and it is one of the best exchanges out there. It is also supported by a strong team. Binance is relatively new and I have not used it yet. I think it has a good user interface and I am planning to check them out soon. Will update my opinion about them after using them for some time.
I have not used yet Binance in trading, I used Bittrex because its security meets my requirements but the problem with the bittrex system is the fee is too high and its compliance support system is too long to respond. The interface also encourage me to used it because it is clear and understandable even to the new user.
I do prefer Bittrex, but that's because I started off using it before Binance... Although it seems like Binance is definitely gaining more momentum... I think Bittrex volume is still greater though?
Bittrex is a great exchange and Binance is a newly launched exchange so I think Bittrex is better than binance.
I still prefer Bittrex mostly because I hate the "decimal values" you get at Binance. It feels as though you are loosing money when trading in a lot of ALTs at Binance. WIth all of my small ALTs together I might have lost almost 0,005 BTC and that is $50-100 which is not acceptable imo. I hope that there will be a possibility to fix this since right now the only way is to move the coins to a wallet and sell elsewhere but then there are the transactino fees that pretty much kil the small amount that I do have. If Binance doesn't fix that I will never prefer it over Bittrex.
If you want to start now, maybe use ninance instead of bittrex (at least if your enhanced identification process does not go through automatically). I am waiting to get my status enhanced for 1.5 months. Support only resends automated mails to be patient every few weeks.
I'm using both. Binance has a lot of promotions.
Of course Binance. Notice when Bitrex added new coins? and compare with the rate of listing the coins on the binance. A very important factor in comparing these exchanges is the speed of response of the support service. On bittrex, you can not create an account recently and there are difficulties with verification. On a benise there is an opportunity to receive a discount on the commission at a rate of 50%. There is also an opportunity to participate in the ICO on the exchange, which is very convenient. In general, open the roadmap of the Binance and look at the plans of the team - it's very cool.
I used to trade a lot on Bittrex but now I like the Binance user interface a lot more and it's so easy to place and cancel orders. I also like the fact that Binance has a simplified trading interface and more complex one for the more seasoned traders. Bittrex of course will be a go to exchange for me if I need to buy or sell a coin or token that doesn't exist or hasn't been listed on Binance, or if of course there may be an arbitrage opportunity waiting. Binance is really growing now both in volume size and popularity among the big exchanges.
I prefer binance over bittrex. binance doesn't requires us to submit any ID to trade crypto(yet) and has decent daily withdrawal limit, whereas on bittrex one cannot trade unless one goes through enhanced verification(their basic verification is just for show).
Yes I agree on this and I hope Binance will keep it that way or this is just a come on to those who wants to trade using their service and after a few months or a year when they have enough clients that migrated from Poloniex and Bittrex, they will start asking for requirements like those IDs and those silly selfies. Jump to: