Today I’m going to show you how to register and adequately secure your Bittrex Exchange Account before you send any of your cryptocurrency funds to it. So starting here at the home page of Bittrex.com, you will just have to click the ‘sign up’ link on the upper right-hand corner of the page or via this blue button right here underneath the Bittrex logo.
How To Fill Bittrex Signup Form
On this page, https://bittrex.com/ just fill out the form with your email and password. It’s recommended to use a new email address for your cryptocurrency exchange accounts, instead of using any of your average use emails. This will increase your overall account security.
And make sure that you also secure your email address used for this, with some form of two-factor authentication. Preferably using an app, like Google Authenticator. And when you make a password, be sure to make it long and include numbers, upper and lower case characters, and symbols.
So that it’s impossible to guess. Once you have filled out the forms, just click the ‘sign-up button. The next page that it takes you to will ask you to check your email inbox in order to complete registration by clicking the link within it to confirm your account and log in. If you did not receive an email, check your spam or junk folder, and if it’s not there you can just click the link back on this page, to contact Bittrex support.
How to Verify Bittrex Account
Just click the dark blue button that says ‘Accept Terms’ and it will take you directly to the settings page of your Bittrex account. From here I’m going to show you how to properly set up your security settings, so that you can move forward with confidence that your account is 100% secure, before sending any cryptocurrency to it. Something you will also want to take care of, as you can see here.
Is filling out your profile information here. I would recommend using the same address you actually reside at, as you will also need to verify your account via KYC documents.
Required ID and Utility Bill to verify your address
Meaning they will need an ID and a utility bill to verify your address. And after you complete this area, you will also want to complete ‘Identity Verification’ using the link via the settings menu on the left here. This is the only way to raise your daily withdrawal limits to a reasonable amount. And you will need to have this taken care of before you start wanting or needing to withdraw cryptocurrency from your account.
But that’s just for your info, we are going to be focusing on your account security in this ARTICLE. We will begin by setting up two-factor authentication, to add a layer of protection to your account. This is not a recommendation. This is a required step. Do not even think about skipping past this step, you absolutely need to set up two-factor authentication to protect your account before you even think about depositing money to your Bittrex account.
Bittrex 2FA Two-Factor Authentication
You may be wondering how 2FA security works. So basically once you have 2FA set up on your account, you will also need a six-digit pin code that is randomly generated by a 2FA app in addition to your password to log in every time. And so the only way someone could log in to your Bittrex Exchange account is if they have access to your password and your unlocked mobile phone. And don’t worry, if you ever lose your phone or delete your app by accident, you can work with support to get back in, accidents do happen to the best of us.
I’ve done it before myself, it’s a pain in the butt, but it’s not the end of the world. So go ahead and click the two-factor authentication link in the settings navigation menu here to the left. When you first open up the page, it should display that your two-factor authentication is disabled in the status, in the red text right here.
The first step to set up 2FA is to download the Google Authenticator. I will be providing a recommendation for a much better authentication app in an upcoming ARTICLE and will drop the link to it in the video description below when it’s finished, so keep an eye out for it. Google authenticator will do for now though, you can download the google authenticator app for free on your phone’s respective app store. Just search for the Google authenticator logo, as you see right here.
Download Google Authenticator
Go and download Google authenticator so you can continue following along, and secure your Bittrex exchange account. Once you are set up with Google authenticator, you can proceed with step 2, by opening up the app on your phone and clicking the plus button on the app, to add an account. And then select, ‘scan barcode’, this will open up your phone’s camera, so you can then scan the QR code you see on the screen right here, in order to finish setting up 2FA on your Bittrex Exchange account.
Once you scan this QR code, it will make a new entry in your Google Authenticator app that will display six random numerical digits, that change every 30 seconds. So for step 3 you can copy down your security key, store this key somewhere safe, preferably offline on a piece of paper, so no hackers can find it on any computer.
Because you can use this code just once to log in to your Bittrex Exchange account.Without the 2FA code from your google authenticator app.
Say if you lost your phone or accidentally deleted the app. This will make your life much easier than going through the process of unlocking your Bittrex Exchange Account with Bittrex support. Which can be a process that can take up to two to three weeks, due to their security policies.
Then for step 4, to complete the process of securing your account with 2FA security, just enter the six digits that are currently showing on your google authenticator app in the field here that says input your six-digit authentication code, and then click the ‘enable 2FA’ button, here at the bottom.
It will then display that your 2FA status is ‘Pending’ in this orange text right here, and all you will have to do is go to your email address to find the confirmation email and click the link in it to confirm the setup of two-factor authentication on your Bittrex account.
Here’s the email. I can click the link right here to confirm. Once you click the link in the email sent to you by Bittrex, it will take you to a page where you will have to confirm enabling two-factor authentication, using the 6 digit code from your Google authenticator app. We will just enter the code really quick in this field right here, where it says ‘input your six-digit authenticator code.
And then click the enable two-factor authentication button right below it. In order to complete the setup. And then it will take us to a page where it says Two Factor Authentication enabled, with a green checkmark. And then we’ll know that you have successfully set up two-factor authentication on your Bittrex account.
And you can click the link here, which says ‘return to Bittrex home’. It will actually take us right back to the ‘settings’ page for your account on Bittrex. And now if you click the two-factor authentication link here on the left in the settings navigation menu, it will actually show that your 2FA status is enabled in the green text just like this.
And if you want to disable 2FA for whatever reason, you could also do that in this area, by just inputting the six-digit authentication code from your authenticator app and clicking the disable 2FA button. This would be handy say if you were switching to a new phone.
Now that we have successfully secured your account with two-factor authentication, we can leverage one last option to maximize your account security. It’s your withdrawal whitelist, which you can access using the link here in the settings navigation menu to the left.
The concept is simple here, you can enter a wallet address for any Bittrex exchange supported Cryptocurrency, and that will be the only address that your account will be allowed to withdraw funds to for that type of cryptocurrency.
It’s really easy to set up, you simply enter the call letters of the currency in the left field here. Like BTC for example. And then you can paste your receiving address in the field to the right, and then click the ‘Save Address’ button. You’ll have to enter your authenticator six-digit code.
And it will save it to the list below. You can remove and update addresses anytime you want, say if you wanted to remove this address, you can just click the little ‘x’ on the right here. Then if you want to get even more comprehensive with your security, you can use the IP address whitelist, which will make it so you can only log in to your Bittrex exchange account from whichever IP addresses you set it to.
To set up your IP address whitelist, simply click the IP whitelist link on the left in the navigation menu. So think of it this way, each different internet connection you use to connect to your Bittrex exchange account has a different IP address.
So you’ll want to whitelist the IP addresses that you normally use. And as you can see, it’s as easy as filling out these four fields with your IP address numbers, and clicking ‘save address’ to save an IP address to your IP address whitelist, in this list below, ‘Saved Addresses’. And then the last security setting you may need to use at some point is of course the ability to change your password.
To do so just click the ‘password’ link in the left navigational menu. From here, you can change your password if you need to, just fill out the form as it appears here, enter your 2FA code, and then confirm the change by clicking ‘change password’.
So at this point, you should have a newly registered and secured Bittrex account. Congratulations! With your Bittrex account registered and secure, you are now officially ready to deposit some bitcoin and get started with trading. You are going to want to check out my next article, where I’m going to take you on a guided tour of the features and layout of the Bittrex exchange.
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If you are still really new to cryptocurrency, be sure to check out my FREE Crypto Mini Course and gain a foundational understanding of Bitcoin, blockchain, and cryptocurrency, how it’s changing the world, and how you can benefit and profit from it.
Stay blessed until then.