Bittrex is the premier U.S.-based blockchain platform, providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices.
Bittrex is a US-based cryptocurrency exchange headquartered in Seattle, Washington. The company was founded in 2013 by Bill Shihara and two business partners, all of whom previously worked as security professionals at Microsoft. The exchange is the thirteenth largest cryptocurrency exchange by daily trading volume, is renowned for the vast number of cryptocurrencies it has listed, and has a good reputation for its security. Bittrex is not a regulated exchange under US securities laws.
Corporate customers based in the U.S. states of Washington, California, New York and Montana may trade using U.S. dollars held in Signature Bank of New York.
Apart from Malta, OKX has encountered regulatory troubles in other countries. The exchange is facing regulatory hurdles in India and has asked users to stop trading margins, perpetuals, and futures options.
Among the 46 legal actions initiated in 2023, 57% specifically targeted fraud, while 61% accused defendants of vending unauthorized products to US customers.
The affected cryptocurrency exchanges have responded cautiously, stating their commitment to comply with local laws while minimizing disruptions to their services.