Bittrex

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Bittrex Top FAQ

Bittrex allows you to deposit and withdraw fiat currencies directly from and to your bank account. If you want to top up your account quickly, you can use it’s credit/debit card deposit feature, which is near-instant and costs only 3% per transaction.

Bittrex has shut down operations for residents of New York State because the New York Department of Financial Services (NYDFS) denied Bittrex of its Bitlicense. It’s important that you retrieve your Bittrex transaction history in order to report your cryptocurrency on taxes.

In order to enable USD deposits and withdrawals, Bittrex will first approve your bank account. If you have no need to deposit USD or withdraw USD you can have your account enabled for USD trading only.

Since Bittrex does not provide tax reports, you will have to report each trade and transaction on Form 8949.

Log-in to your Bittrex Account and click “Holdings” on the bottom menu bar. Click the “Withdraw” button and locate the currency you wish to withdraw in the search bar. Enter the Wallet Address and Amount you want to Withdraw. Make sure the address you enter was created for the coin you are withdrawing.

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