What is Bittrex?
Bittrex is a crypto-to-crypto trading exchange. On a crypto-to-crypto trading exchange, you can only trade in cryptocurrencies. This means you can’t buy cryptocurrencies with fiat currencies. Note: A fiat currency is any currency that is supported by a government. Examples of fiat currencies are the US Dollar, the British Pound and the Chinese Yuan. However, you can invest using USDT. US Dollar Tether is a cryptocurrency whose value is tied or tethered to the value of the US Dollar, so 1USDT is always worth 1USD.
More than 190 different cryptocurrencies are listed for trading on Bittrex. The site also offers 284 unique trading pairs. Trading pairs are the two currencies for which an exchange rate is being offered. The more popular cryptocurrencies, like Bitcoin and Tether, have the most available trading pairs. Bitcoin alone has more than 450 trading pairs on Bittrex.