What is better Binance or Bittrex?

When comparing Binance vs Bittrex, Bittrex has been around for a much longer time than Binance and therefore has a more proven track record. According to coinmarketcap, Bittrex has a turnover of about $ 240 million per day!

What is Binance and how does it work?

Binance offers cryptocurrency trading on more than 500 coins, including 2 coins it has developed itself (BNB and BSC). The platform has over 13.5 million active users and is the largest cryptocurrency exchange in the world by trading volume. Bittrex and Binance each offer a wide range of markets for cryptocurrency trading.

Can you buy crypto with Fiat on Binance and Bittrex?

On Binance and Bittrex, though, you cannot buy crypto with fiat. Instead, you can buy cryptocurrencies with other cryptocurrencies. For example, you might go on Binance to buy OmiseGo (OMG) using Ether (ETH). This is why it’s referred to as trading, and Binance and Bittrex are known as trading exchanges.

Is Bittrex the right exchange for You?

If you are looking for an exchange with credibility and user-friendliness, then perhaps Bittrex is the winner for you. If your trading volume is going to be low and so you don’t mind paying a higher fee, Bittrex could work for you.