Kucoin vs Bittrex Comparison
Beginner Crypto Investors
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
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Kucoin and Bittrex are two well-established cryptocurrency exchanges that have been operating in the industry for several years. Kucoin was founded in 2017 by Michael Gan and is a subsidiary of Seychelles-registered MEK Global Limited.
The exchange has over 600 employees and is available in over 200 countries, with restricted access for users in the US and China. Kucoin offers a wide range of services including spot trading, margin trading, futures, staking, and lending.
The platform supports over 700 cryptocurrencies, with popular ones such as Bitcoin, Ethereum and KuCoin Shares (KCS) available for trading. Kucoin has a user base of over 20 million users and the app has been downloaded over 5 million times with a rating of 4.3 based on over 120,000 reviews.
On the other hand, Bittrex was founded in 2014 by Bill Shihara and Richie Lai, and is registered in Liechtenstein with its headquarters in Seattle, Washington. The exchange has over 300 employees and is available in most countries, with access limited to users in Iran, Syria, and Cuba.
Bittrex is known for its commitment to security and regulatory compliance, offering a wide selection of digital assets including over 400 cryptocurrencies like BTC, SOL, ETH, and others. The exchange offers a variety of services such as spot trading, margin trading, and staking.
Bittrex has a user base of over 1 million users and the app has been downloaded over half a million times, garnering a rating of 4 stars based on over 10,000 reviews.Both exchanges offer robust trading platforms, with Kucoin providing a wide range of services and support for over 700 cryptocurrencies.
Meanwhile, Bittrex has an excellent reputation for security and regulatory compliance, providing a safe and reliable trading platform for over 400 cryptocurrencies. When considering which exchange to use, traders should consider their trading goals and choose a platform that best suits their needs.
Kucoin vs Bittrex Signup & KYC
Kucoin and Bittrex are both popular cryptocurrency exchanges that allow users to buy and sell a wide range of digital assets. While both platforms offer similar services, they have different requirements when it comes to the signup process and KYC verification.
On Kucoin, creating an account only takes a few seconds as all you need to do is provide your email address. Basic verification can be approved in hours, and KYC verification can take up to 2-3 business days if required.
The benefit of using Kucoin is that KYC verification is not mandatory, meaning unverified accounts can still buy and sell cryptocurrencies.Bittrex, on the other hand, requires KYC verification for all of its users.
The signup process takes 5-10 minutes, and the ID verification process can be as swift as 10 minutes but can take several days in the slowest case. While the KYC process may take longer than on Kucoin, Bittrex offers a higher level of security as all users have to go through the verification process.
Kucoin vs Bittrex Products & Services
Kucoin and Bittrex are two cryptocurrency exchanges that offer different trading services and user experiences. Kucoin provides a wide range of trading services, including spot trading, futures trading, margin trading, perpetual swaps, options trading, and leveraged tokens.
Additionally, Kucoin features trading bots, lending and borrowing services, staking, and an NFT marketplace.
With a great user experience, easy navigation, and daily spot trading volumes frequently exceeding $600 to $900 million, Kucoin satisfies the needs of both professional traders and beginners alike. The max leverage that users can take on Kucoin is 100X, and 10X for margin leverage.
On the other hand, Bittrex offers a limited range of products and services such as spot trading and staking of cryptocurrencies like Cardano. With an uninspiring and basic user experience, Bittrex's average daily spot trading volume is over $10 million.
It's annoying that the signup process requires immediate KYC without having a chance to browse the features. Overall, Kucoin offers a wider range of products and services and a better user experience compared to Bittrex, making it a more attractive option for traders.
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
Your Capital is at risk
Your Capital is at risk
Kucoin vs Bittrex Fees
When it comes to trading fees, Kucoin and Bittrex are two popular exchanges that offer competitive rates to their users. Let's take a closer look at what they have to offer.
Starting with Kucoin, the exchange charges a spot maker fee of 0.10% and a spot taker fee of 0.10%. For futures trading, the maker fee is 0.02% and the taker fee is 0.06%. These fees are already quite reasonable, but what's even better is that Kucoin offers rebates to users who exceed certain trade volumes or hold a certain amount of KCS tokens.
For example, once monthly trade volumes exceed 50 Bitcoins or the user holds at least 1000 KCS tokens, they can enjoy lower trading fees for both spot and futures trading.
On the other hand, Bittrex charges a spot maker fee of 0.75% and a spot taker fee of 0.75%. Bittrex also offers rebates to users who exceed certain trade volumes. Once trades exceed $25,000 during a 30-day period, users can enjoy trading fee rebates.
Overall, Kucoin is the clear winner when it comes to trading fees by offering much lower trading fees than Bittrex both for spot and futures trading.
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
Your Capital is at risk
Your Capital is at risk
Kucoin vs Bittrex Deposit Methods
Kucoin and Bittrex are two popular cryptocurrency exchanges that offer a range of deposit options for fiat currencies.
Kucoin supports the deposit of fiat currencies for 28 different currencies, such as the Euro, Australian dollar, Swiss Franc, British Pound and Russian Ruble, while Bittrex supports just three currencies inUSD, EUR, and GBP.
Kucoin mainly supports fiat deposits via Visa and Mastercard, with a 3.8% deposit fee charged for all deposits made using these methods.
On the other hand, Bittrex offers a variety of deposit options for fiat currencies, including wire transfer, bank transfer (ACH), SEPA and credit/debit card.
The good news is that all bank deposits are free of charge, while deposits made using a credit or debit card come with a 3% fee.
Overall, both Kucoin and Bittrex offer a range of options for depositing fiat currencies. However, Kucoin's high deposit fees may be a turn-off for some users, while Bittrex's 3% fee for credit/debit card deposits may also be seen as relatively expensive.
ACH, Wire, Debit/Credit Card
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
Your Capital is at risk
Your Capital is at risk
Kucoin vs Bittrex Withdrawal Methods
Kucoin and Bittrex are two popular cryptocurrency exchanges with different withdrawal methods. Let's take a closer look at each of them.
Kucoin offers fiat withdrawals only for EUR via SEPA. The withdrawal fee for SEPA is 5 EUR. On the other hand, Kucoin allows cryptocurrency withdrawals with a minimal fee.
Bittrex, on the other hand, offers fiat withdrawals via Wire, ACH, SEPA, and Debit Card. While Wire withdrawals come with a hefty $25 fee, ACH and SEPA withdrawals are free of charge.
You can withdraw your cryptocurrency from Bittrex with a small fee of 0.01 ETH and $2.6 USDT for USDT withdrawals.
ACH, Wire, Debit/Credit Card
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
Your Capital is at risk
Your Capital is at risk
KucoinYour Capital is at risk.
Your Capital is at risk.
Your Capital is at risk.
Visit BittrexYour Capital is at risk.
Your Capital is at risk
Your Capital is at risk
UpholdYour Capital is at risk
Your Capital is at risk
Your Capital is at risk
Is Kucoin better than Bittrex?
Kucoin and Bittrex are two well-established cryptocurrency exchanges, but they have some notable differences.
Kucoin offers a wider range of services, with more than 700 cryptocurrencies available for trading, while Bittrex has a smaller selection of digital assets.
Kucoin also allows users to create an account without going through KYC verification, while on Bittrex, KYC verification is mandatory.
In terms of trading fees, Kucoin charges lower fees than Bittrex, and it also offers rebates for high-volume traders.
Both exchanges offer deposit options for fiat currencies, but Kucoin's deposit fees may be seen as steep, and Bittrex charges a 3% fee for credit/debit card deposits.
When it comes to withdrawal methods, Kucoin only supports EUR withdrawals via SEPA, while Bittrex offers several fiat withdrawal options for free, but its wire withdrawals come with a $25 fee.
Ultimately, the choice between Kucoin and Bittrex will depend on individual trading needs and preferences.
