Bittrex to offer 0% trading fees in new promotion

04 Jun, 2019
by David Robb
Exchange
Bittrex to offer 0% trading fees in new promotion

Leading crypto exchange Bittrex has announced a new promotion. The trading platform will be offering hugely discounted fees for trades, with some traders paying 0% commission.

As of today, Bittrex will be updating its fee schedule, starting with USD markets. According to a statement, to "celebrate the change, for 1 promotional month we’re lowering USD market fees all the way down to 0 maker and 0.15% taker (reduced by 100% and 40%, respectively). Qualifying accounts that have generated $30,000 or more in trading volume in any month across all markets (BTC, ETH, USDT, or USD) since joining Bittrex will have USD market trading automatically lowered to the promotional rate".

Bittrex has previously lagged behind many of the top crypto exchanges in terms of how much it charges users for trades. Binance, Bitfinex and Huobi are all notably cheaper than Bittrex for most traders. The Robinhood trading platform offers zero fees, but it has faced controversy for its business model, which involves selling trade data.

Traders in New York have recently been forced to stop making use of Bittrex, as the company was unable to obtain a BitLicense from the New York Department of Financial Services. 

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