Publish Date: February 28, 2016
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Description
According to Bittrex.com, it is the next generation crypto trading platform created by security professionals and crypto-coin enthusiasts bringing more than 50 years of combined security and development experience to the trading community from companies, such as Microsoft, Amazon, Qualys, and BlackBerry.
Trade fees are: 0.25%
Given the recent security breaches and reliability issues experienced by other markets, they felt the community deserved better. If virtual currencies are to truly take off, trustworthy infrastructure is a prerequisite.
Their mission is to deliver the fastest and most secure trading platform available.
What makes Bittrex different?
Secure platform – that makes the difference and to that end Bittrex employs the most reliable security technologies available. As partof this approach, we leverage an elastic multi-stage wallet strategy ensuring that 80-90% of funds are offline and safe. Additionally, two-factor authentication is required for all withdrawals and API usage. At Bittrex, security will always be a key factor that impacts every development decision we make.
Custom built trading engine – Our custom trading engine was designed to be scalable using elastic computing. The Bittrex platform processes and executes orders as soon as they are placed so you will never see a crossed order book or delay in processing of any trades.
Fast deposits and withdrawals – highly efficient and automated monitoring platform allows us to give you the fastest transactions available today. This includes updates on balance, trade, and wallet information. You will never be left wondering where your funds are or if your deposits are blocked, as information is always up to date.
Complete and easy REST API – are full featured set of APIs allows you to withdraw as easily as you deposit, as well as trade, and exchange. Bittrex was built with high frequency trading in mind. We have designed the most complete API set for developers to build on our platform.
Founders
Bill Shihara: is currently the Manager of Security Threat Analysis and Security Engineering at BlackBerry. He drives the anti-malware and security automation strategy for the BlackBerry ecosystem to protect customers from threats before they happen. Previous to working at BlackBerry, Bill spent 11 years at Microsoft working on the Windows Operating System and the Trustworthy Security team.
Richie Lai: is currently the manager of the Amazon Security Operations Center and is in charge of security response and operations for Amazon. Prior to that, he spent 12 years at Microsoft building up their security engineering and internet crimes division. His background in application and network security, internet crimes and malware makes him the most paranoid person at protecting his and your crypto currencies.
Rami Kawach: is currently Director of Engineering at Qualys where he is the architect of their next generation vulnerability management solution and malware detection system. His background in highly scalable and available systems along with expertise in performance optimization makes him the perfect person to architect the exchange.
Ryan Hentz: is the first contractor to help with operations. Hs is currently a Senior Security Engineer at Mercury Payment Systems a company that was bought in June of 2014 by Vantiv, INC. Ryan is a graduate of Norwich University's Master of Information Assurance program as well as a Certified Information Systems Security Professional (CISSP). Ryan formerly ran the Altcoin exchange CryptoALTeX which remained solvent until closing due to time constraints.