BEST CRYPTO EXCHANGES
In a hurry?
The best Bittrex alternative in 2023, as found in our independent testing, is Pionex!
Have you been banging your head all around the internet seeking the best Bittrex alternatives? If yes, prepare yourself as the resources unfold next.
With cryptocurrency, you’re looking at a real modern-day trend.
The same trend leads users worldwide to engage in trading activities, eventually resulting in the never-ending race for being the best crypto-trading platform.
Bittrex is one of the many. Although the platform loads with unprecedented abilities, the drawbacks aren’t far either. For that matter of fact, seeking the best Bittrex alternatives is something you may well be interested in.
Let’s review the best Bittrex alternatives to try in 2023.
Best Bittrex Alternatives in 2023:
1. Pionex
Pionex is a site like Bittrex that is a crypto trading platform that has boomed during the COVID-19 pandemic.
Launched in 2019, it has successfully obtained the status of a well-known and popular cryptocurrency trading platform backed with aggregated liquidity and fiat currency investment since its launch.
It’s fully approved and licensed by the United States FinCEN’s MSB (Money Services Business) License and will soon be going to hold the Monetary Authority of Singapore (MAS) license.
And therefore, it’s currently one of the favorite training platforms for most crypto investors.
One of the most powerful and dominating features of Pionex is its free in-built automated bots, numbered at a vast number of 16 in total.
- Price: FREE
- Types of Bots: Arbitrage Bot, Grid Trading Bot, Copy Trading, Social Trading, Martingale Bot, Spot-Futures Arbitrage Bot, Rebalancing Bot, DCA, etc.
- Supported Exchanges: Huobi, Binance, Pionex
- Mobile App: iOS & Android
Developed to accelerate the process from registration to trading, Pionex’s automated trading bots complement the platform’s offers and make it a one-stop solution for new cryptocurrency trading beginners.
The in-built bots even lower the expertise threshold and simplify the trading process.
And that’s why an investor doesn’t need to sacrifice their conventional jobs because of the high investment of concentration and time on the users’ part.
Pionex offers some amazing deals with simple and easily understood design, in-built trading bots to abolish the human error factor involved in the process of strategic approach, and everything that a trader wants in one place.
In today’s world, that’s everything that a new investor in the cryptocurrency trading world would ever need.
And the other good thing about Pionex’s trading bots is that all 16 of them come “for free,” and it genuinely looks like one of the best platforms for crypto trading.
Pionex’s cryptocurrency trading automated bots come pre-built intending to reduce the requirements of high-skilled investment knowledge for newbie traders before they start off their investment journey in the crypto market.
Briefly speaking, all the 16 trading bots offer different approaches and strategies to handle various market conditions and try to gain an advantage by competing for software.
For instance, the classic GRID bot is one of the first and foremost Pionex trading bots.
It’s a standard feature specially made for every trader who’s looking for low-risk investment ventures.
The GRID bot helps an investor to purchase a cryptocurrency when its price is low and sell the same when its price rises.
It’s a relatively safe and easy tactic, and thus many new users tend to start their crypto trading journey using this strategy.
On the other hand, the TRAILING TAKE PROFIT bot helps in pulling out every last drop of a profitable deal, and the TWAP bot comes into existence in case of long-term, high-volume deals.
Other amazing Pionex automated bots include REVERSE GRID bot, INFINITY GRID bot, DOLLAR-COST AVERAGING bot, MARGIN bot, and so on.
Cryptocurrencies Available on Pionex
Pionex offers a wide range of cryptocurrencies and tokens, numbered 250 in total. That’s because one of the main trading platforms it uses is Binance.
Pionex takes the benefits of Binance’s trading pairs (obviously, it has the largest variety of trading pairs on the market).
Some of the popular cryptocurrencies available on this platform are:
- USD Coin (USDC)
- Dogecoin (DOGE)
- Ethernity Chain
- Tether (USDT)
- Ethereum (ETH)
- Bitcoin (BTC)
- Binance Coin (BNB)
- Cardano (ADA)
- Litecoin (LTC)
- Solana(SOL)
Pros and Cons of using Pionex
2. eToro
Another site like Bittrex, eToro, was introduced in 2007 and changed the whole crypto trading game.
It has been 15 years already, and this cryptocurrency trading site has continued to become stronger with every passing year.
One of the most prominent features of eToro is the Copy Trading feature.
The eToro platform has pioneered the concept of Copy Trading in the world of cryptocurrency trading.
It’s by far one of the best platforms for Copy Trading and Social Trading across the world.
This feature enables an investor to automatically copy the strategies and positions of any experienced traders in real-time.
That’s not all; a crypto investor can browse the profiles of eToro’s expert and successful traders to view their earnings, profits, etc.
Along with crypto coins, an investor can trade in other types of assets, making it a multi-asset exchange company that offers a wide range of marketable asset classes to choose from.
This platform has added more than 2,000 financial asset classes, including fiat currencies, cryptocurrencies, ETFs, indices, and commodities.
Cryptocurrencies Available on eToro
eToro offers 52 different cryptocurrencies for buying and selling on its platform; that’s quite a few compared to a crypto trading site like Bittrex.
Here’s a look at some of the most used cryptocurrencies available on eToro:
- Litecoin (LTC)
- Bitcoin (BTC)
- Polkadot (DOT)
- Stellar (XLM)
- Binance Coin (BNB)
- Dogecoin (DOGE)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Neo (NEO)
- Dash (DASH)
Pros and Cons of using eToro
3. Uphold
Uphold, formerly called Bitreserve, is a site like Bittrex and is a trading exchange that encourages cross-asset trading.
It is a San Francisco-based crypto trading platform established back in 2013. The Uphold platform’s best trait is that an investor can buy and sell anything for anything.
The scope to trade an asset for any other type of asset is a big time saver and helps to save investors’ wealth as well.
It can be explained by the fact that an investor doesn’t have to make multiple conversions by first collecting fiat currency and then purchasing other assets.
This process is so easy that it can be completed in just a few clicks.
Uphold also lets its users trade in cryptocurrencies with the help of automated trading bots, using which an investor can set a trading schedule.
For example, a trader can choose to buy a specific kind of asset every single week, two weeks, or month.
An investor can make it in such a way that it coincides with their paycheck or a time that traders speculate prices may be favorable.
It’s the best way to use the dollar-cost averaging trading technique.
Cryptocurrencies Available on Uphold
Uphold is a multi-asset trading platform, providing around 50 United States stocks, 27 fiat currencies, 58 cryptocurrencies, and 4 precious metals.
Available cryptocurrencies on the Uphold platform include:
- Shiba Inu (SHIB)
- Bitcoin Zero (BTC0)
- Cardano (ADA)
- XRP
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- Flow (FLOW)
- EOS
- Ethereum (ETH)
- Wrapped Bitcoin (WBTC)
Pros and Cons of using Uphold
4. Binance
Binance is a great Bittrex alternative for investors to purchase and sell cryptocurrencies, currently ranked as the largest crypto exchange across the world.
This platform came into the world of crypto trading in 2017, founded by Yi He and Changpeng Zhao. It has gathered around $35 million from 10 funding rounds and 13 investors.
The platform is blessed with both app-based convenience and web-based utility.
Binance app is an amazing cryptocurrency trading platform accessible from anywhere in the world.
It operates smoothly on Windows, Linux, and macOS. A trader can download its app version from Google Play Store and the iOS app store.
It even has an Android APK and is compatible with various devices and operating systems.
In addition to this, a trader can even scan the QR code available on the Binance website to download its app on their Android or iOS devices directly.
The trading platform supports a wide range of assets to buy and sell, including all the well-known cryptocurrencies and great potential ones.
Besides supporting popular crypto coins, Binance also offers trading in some of its native tokens, BNB.
The platform has facilitated the establishment of 48 projects, helping the company to generate over $94.5 million.
Cryptocurrencies Available on Binance
There are over 370 cryptocurrencies available for direct trading using fiat currencies or credit and debit cards.
Here are the top 10 cryptocurrencies available on Binance:
- Tether (USDT)
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Binance Coin (BNB)
- Tezos (XTZ)
- Bitcoin (BTC)
- Litecoin (LTC)
- Binance Coin (BNB)
- TrueUSD (TUSD)
- Ripple (XRP)
Pros and Cons of using Binance
5. BitMEX
Another Bittrex alternative, BitMEX, which is short for Bitcoin Mercantile Exchange, was established in 2014 by founders Samuel Reed, Ben Delo, and Arthur Hayes to offer a professional-looking Bitcoin derivatives trading exchange.
In simple words, it’s a platform that unites margin trading and derivatives of cryptocurrencies for crypto investors and traders.
It’s one of the most developed peer-to-peer cryptocurrency trading platforms.
It offers authenticity to the investors by helping fellow traders to create a million-dollar crypto trading account.
The BitMEX platform has an API (Application Programming Interface) with an easy registration process meant for effective and influential trading features.
Cryptocurrencies Available on BitMEX
The cryptocurrency derivatives exchange, BitMEX, supports around 18 digital coins and tokens.
Some of the popular ones include:
- Dogecoin (DOGE)
- Cardano (ADA)
- Solana (SOL)
- Ethereum (ETH)
- Shiba Inu (SHIB)
- Bitcoin (BTC)
- Avalanche (AVAX)
- Litecoin (LTC)
- Binance Coin (BNB)
- Polkadot (DOT)
Pros and Cons of using BitMEX
Conclusion
That brings us to the end of uncovering the list of best Bittrex alternatives in 2023.
If you’ve made your way all the way through, you now know five suitable sites that can seamlessly help you with crypto trading.
No doubt, each Bittrex alternative is promising enough, but if you seek our recommendation, Pionex is what the best one looks like.
Here is why:
- The Pionex platform offers 16 free in-built automated trading bots
- It has a user-friendly interface
- The platform is suitable for both newbie and experienced traders
- Pionex is fully licensed by both the reputed and authorized bodies
Happy trading.
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Written by Thomas McGovern
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