diff --git a/freqtrade/commands/cli_options.py b/freqtrade/commands/cli_options.py
index 7ca224844..aaf538835 100755
--- a/freqtrade/commands/cli_options.py
+++ b/freqtrade/commands/cli_options.py
@@ -450,8 +450,7 @@ AVAILABLE_CLI_OPTIONS = {
     ),
     "exchange": Arg(
         '--exchange',
-        help=f'Exchange name (default: `{constants.DEFAULT_EXCHANGE}`). '
-        f'Only valid if no config is provided.',
+        help='Exchange name. Only valid if no config is provided.',
     ),
     "timeframes": Arg(
         '-t', '--timeframes',
diff --git a/freqtrade/constants.py b/freqtrade/constants.py
index 5bb619185..3b09b4eae 100644
--- a/freqtrade/constants.py
+++ b/freqtrade/constants.py
@@ -10,7 +10,6 @@ from freqtrade.enums import CandleType, PriceType, RPCMessageType
 
 DOCS_LINK = "https://www.freqtrade.io/en/stable"
 DEFAULT_CONFIG = 'config.json'
-DEFAULT_EXCHANGE = 'bittrex'
 PROCESS_THROTTLE_SECS = 5  # sec
 HYPEROPT_EPOCH = 100  # epochs
 RETRY_TIMEOUT = 30  # sec