Bittrex (often referred to as B网 in China) is a popular foreign cryptocurrency exchange among Chinese users. It offers a 0.25% trading fee. Founded in 2015, Bittrex is a well-known US-based digital currency exchange that supports over 200 trading pairs, primarily altcoins. Bittrex boasts significant trading volume, reaching billions of Chinese Yuan daily, attracting numerous Chinese traders for both trading and arbitrage activities.

The Bittrex team comprises members from leading companies such as Microsoft, Amazon, Qualys, and BlackBerry, boasting over 50 years of combined experience in security and development.

Bittrex Advantages

A large, established user base

A wide range of trading pairs

Fast listing of new coins

Bittrex Disadvantages

No Chinese interface

Complex verification process

Requires a Virtual Private Network (VPN) for access

Bittrex Mission and Vision

We are committed to being a driving force in the blockchain revolution by facilitating greater adoption of this innovative technology globally. Using our streamlined token listing process, we will advance new, innovative blockchain projects that have the potential to change the way goods, services, and operations are managed worldwide.

Bittrex Features

Secure Platform - Bittrex employs the most reliable and effective security technologies. We leverage a robust multi-stage wallet strategy to ensure a majority of funds are kept in cold storage for enhanced security. Additionally, Bittrex enables two-factor authentication for all users and offers a multitude of other security features to provide multi-layered protection. At Bittrex, security is paramount in every decision we make.

Custom-Built Trading Engine - Our custom-built trading engine is designed for scalability and ensures real-time order execution. We also support third-party trading platforms and algorithmic trading through extensive API support.

Fast Deposits and Withdrawals - Our efficient automated monitoring platform enables us to offer some of the fastest transactions in the industry for our users. This includes updates on balances, trades, and wallet information.

Driving Innovation - Dedicated to supporting both new and established blockchain projects to drive innovation in the blockchain industry, Bittrex aims to provide its users with a growing range of blockchain technologies and digital tokens. All new digital tokens listed on the trading platform must undergo a rigorous review process.

Commitment to Compliance - Bittrex is dedicated to adhering to all current US regulations, which help to prevent, detect, and remediate illegal activity from clients and virtual currency developers when using the Bittrex trading platform or any other services of the company.

Bittrex Management Team

Bill Shihara, Co-founder and CEO

Bill is the Co-founder and CEO of Bittrex. He was previously a Security Engineering Manager at Amazon and also served as the Security Threat Analysis and Security Engineering Manager at BlackBerry. At BlackBerry, Bill introduced an anti-malware and security automation strategy for the BlackBerry ecosystem to help protect customers from emerging known threats. Prior to his role at BlackBerry, he spent 11 years at Microsoft working on the Windows operating system and the Trusted Security team.

Richie Lai, Co-founder and CIO

Richie is the Co-founder and CIO of Bittrex. He was previously a leader in the information security team at Amazon. In this role, he managed a global 24/7 security operations center responsible for security operations, incident response, external threat intelligence, advanced monitoring and analysis, vulnerability management, application security, and the development organization supporting all of these efforts. Before joining Amazon, Richie spent 12 years at Microsoft building out their security engineering and cybercrime department.

Rami Kawach, Co-founder and CTO

Rami is the Co-founder and CTO of Bittrex. Prior to joining Bittrex, he served as a Principal Security Engineer at Amazon managing a variety of security issues. Rami also previously served as the Director of Engineering at Qualys where he was the architect of next-generation vulnerability management solutions and malware detection systems. Before Qualys, he spent 10 years at Microsoft leading multiple projects, including Microsofts botnet monitoring and remediation efforts.