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Bittrex is a cryptocurrency trading platforms. It is primarily used by cryptocurrency holders to trade cryptocurrencies such as Bitcoin and Steem. According Bloomberg, the company was founded in 2014 and is based in Las Vegas, Nevada.[1]

In its Facebook fanpage, they described theirselves as the next generation crypto trading platform built and operated in the United States by crypto enthusiasts with extensive development and security background. They have over 50 combined years in the computer industry at companies like Microsoft, Amazon, Qualys, and Blackberry and have made careers developing secure and scalable software.[2]

In May 19th, 2017, the steemian KingsCrown (@kingscrown) posted that Bittrex was one of the first exchanges to trade Steem Tokens but Poloniex was the top volume BTC/altcoin exchange at that time.[3] In July 10th, 2016, few days after the first Steem Tokens payouts in July 4th, one of the Bittrex founders, Richie (@bittrex-richie) published his Introduceyourself post on Steemit, reffering other founder Bill Shihara (@bittrex-bill).[4]


Bittrex, like Poloniex, is commonly used by Steemians as a platform to convert Steem and Steem Dollars into Bitcoin or other cryptocurrencies.

As users are unable to use Bittrex to withdraw fiat, it becomes a launch pad for Steemians to transfer their Bitcoins to cryptocurrency wallets or other cryptocurrency trading platforms which, while they do not currently accept Steem, are able to convert Bitcoin into fiat, and subsequently allows users to deposit fiat into their bank accounts. Such includes CRXZone.


  1. Bloomberg : Company Overview of Bittrex, LLC Retrieved in November 9th, 2017
  2. Bittrex Facebook fanpage : About Retrieved in November 9th, 2017
  3. Users moving from Poloniex to Bittrex. Some Hints on What to Trade! Written by KingsCrown (@kingscrown) on Steemit in May 19th, 2017
  4. Hi, my name is Richie - I am one of the founders of Written by Richie (@bittrex-richie) on Steemit in July 10th, 2016


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