Fiat (US Dollar) Trading, Deposits and Withdrawals

Bittrex now supports eligible personal and corporate accounts for US Dollar (USD) trading, USD deposits, and USD withdrawals. Identity verified (personal or corporate) customers operating outside the United States or in California, New York, New Mexico, Montana, Arizona, and Washington State are eligible to participate. Corporate customers in Pennsylvania are also eligible. 

Bittrex needs you to submit a support request in order to add your Bittrex account(s) to the USD markets. For existing personal and corporate accounts the request takes just a few minutes to complete and approval usually takes just a few days. Please find submission instructions below, including how to add another bank account after approval. 

How do I request my Bittrex account(s) be added to the USD markets?

    Existing Personal or Approved Corporate Accounts:

New Corporate Customers:

Is my account eligible for Bittrex's USD markets?

     To be eligible for the USD markets you must be living or operating:

  • Outside the United States or
  • Inside the United States in California, Washington State, New York State, Montana, or Arizona
  • Corporate customers operating in Pennsylvania are also eligible

If you are living inside the United States in a state not listed (e.g. Hawaii or Oregon), you can still participate in our USDT (Tether) markets. We will be adding more states eligible for USD soon. 

Which USD account types can my Bittrex account(s) be enabled for?

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.   

USD Trading Only*

  • Your account will NOT be enabled for USD deposits or withdrawal
  • You will be able to trade the USD markets, but if you want to withdraw accumulated USD you will need to first sell to one of the supported USD cryptocurrencies (e.g. BTC, ETH, USDT) and withdraw as you would any other cryptocurrency

*You can enable your USD trading only account for USD deposits and withdrawals at a later date anytime by submitting a Fiat (USD) Trading Request again with bank details.

USD Trading, USD Deposits, and USD Withdrawals

  • No initial deposit is required, but you must prove you control your bank account
  •  Attachment requirement: bank-issued letter or account statement showing:
    • Your name on your bank account
    • Your bank account number
    • You bank name
  • You will be able to deposit USD from and withdraw to your approved bank account
  • You can have multiple bank accounts approved
  • You will need to enter all banking details in the form (routing number, etc.

How do I prove my operating location is eligible? 

  1. Personal Accounts
    • Your account must first be identity verified (government ID and selfie are uploaded)
    • You must be able to prove that you are living or operating in an eligible location
      • Your government ID, address, and form answers align and prove location OR
      • You can prove your trading activity happens in an eligible location (e.g. your existing ID with Bittrex lists New Jersey but you have moved to New York)
        • Attach copy of lease with eligible address and your name on it AND
        • Attach copy of new state ID
      • Your original government ID submitted to Bittrex was a US passport, we will need you to attach a copy of your equivalent state level ID
  2. Corporate Accounts
    • Your operating location needs to be verified with one of the following clearly showing company name and address in eligible location:
      • Office space lease
      • Utility bill (water bill, electricity bill, etc.)
      • Country payroll or personnel tax payment if outside the US
      • County or state personnel tax payments if inside the US
      • If inside the US, state registration or other applicable state license
      • Proof NOT acceptable includes: 1) Articles of incorporation or other organizing documents 2) P.O. Box addresses 3) If inside the US only: payment of non-personnel federal, state, or county taxes

What are the USD wire transfer instructions?

You will be sent specific wire transfer instructions for your account in the approval message. 

What happens once my account is approved for the USD markets?

Approval for USD trading only:

  • You will be sent approval notice alerting you that your account will be added to the USD markets within 1 business day

Approval for USD trading, deposits, and withdrawals:

  • You will be sent approval notice alerting you that your account will be added to the USD markets within 1 business day
  • Wire transfer instructions specific to your account will be sent back to you
  • You can always access the wire instructions after approval by logging into and clicking on "my activities" to view your support ticket
  • Deposit and Withdrawal guidelines will be sent back:
    • Personal accounts: 2 business day deposits and withdrawals
    • Corporate accounts: same US business day deposits and withdrawal

How do I add another (2nd, 3rd, or 4th) bank account after I've already been approved for USD trading, deposits, and withdrawals with at least 1 bank account?

Submit the Fiat (USD) Trading Request again, but this time select option #3 from the first question on the form, "Add another bank account...". Only select this option if you have already received an approval email for USD trading, deposits, and withdrawals (at least 1 bank account has already been approved).   

How do I edit my approved bank details?

If you notice an error or you wish to edit your bank account details please email [email protected] to request changes. The corporate account team at Bittrex manages the USD bank approval process. 

When will my favorite crypto-currency get a USD trading pair?

We’re starting with a limited number of pairs to evaluate our systems and processes, and our plan is to continue to add fiat trading to the top digital currencies on our platform. We’re reviewing the blockchain projects we already list, listening to our customers’ trading preferences and taking other important considerations into account as we decide which USD trading pairs will be next for fiat. Development teams with tokens currently listed on Bittrex may complete this form for consideration. Be sure to continue following our blog (click here) for exciting announcements about new USD trading pairs in the future. 

We’re always exploring new, innovative blockchain projects and market opportunities, like fiat, that continue to uniquely position Bittrex in the industry. Also, our ardent commitment to security, compliance and incubating innovative blockchain projects provides customers and token teams confidence in the long-term growth of the platform. Today’s announcement is just the beginning -- we’ve got a lot planned this year to further expand the business and provide new opportunities for our customers.

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