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HitBTC is also a common choice for newly created tokens that are looking to list on an exchange post-ICO. We have compiled a list of supported coins now available on HitBTC, which you’ll find below. Due the number of supported coins that HitBTC lists on its platform, the exchange is also useful if you are looking to engage in day trading.
- If you have already reported your issue to the support team, please update your review to indicate your ticket number.
- After that, click on the green “Buy Limit” button to complete the trade.
- Bitfinex is a cryptocurrency broker based in Hong Kong SAR China that launched its service in and offers individuals to buy and sell more than 30 cryptocurrencies.
- Takers trading at the 1000 BTC level or more pay only a 0.05% fee.
- We will talk about how to use it, as well as discuss the strengths and weaknesses of this project.
- While withdrawals are closed during maintenance, trading functionality is available at that moment.
It is one of the largest Spot trading markets with more than 500 digital assets and 800+ trading pairs. It owns Hit Token (The HitBTC token) an ERC20 utility token created by HitBTC. This airdrop was a crucial point that turned dYdX into a fully decentralized exchange governed by its community. As dYdx becomes a full-fledged Ethereum layer-two service, its costs get lower.
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Bitvavo is a cryptocurrency broker based in Netherlands that launched its service in and offers individuals to buy and sell more than 70 cryptocurrencies. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 80 cryptocurrencies. BitFlyer is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 4 cryptocurrencies. Bybit is a cryptocurrency broker based in United Arab Emirates that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies. The withdrawal fees will vary from token to token, and you can see the full list for yourself once you have made an account.
Firstly, we have to take issue take issue with their customer support. You do not have to go far to find numerous complaints online about their slow response to customers. This is probably compounded by other accusations that they traders have been unable to withdraw coins or having funds missing when making transfers. Although HitBTC used to support fiat currencies like USD, it does not keep it anymore. However, users can still buy supported 800 different crypto assets on the exchange.
Liquidity
If some of them seem suspicious you can terminate them in one click. The next thing you should do after this is change your password so the bad actor won’t be able to log in one more time. Another security feature is the opportunity to create a whitelist of withdrawal addresses.
You can activate it when logging in, withdrawing funds, and adjusting settings. HitBTC brands itself as a highly advanced exchange for a variety of Altcoins including DASH, ZEC, EOS and BTS. Their core-matching engine includes superior order matching algorithms and real-time clearing. HitBTC is a crypto currency exchange owned by HIT solutions Ltd, which is based in Hong Kong. We write product reviews and comparison articles in the field of cryptocurrency.
How to Make Your Account “Professional”?
When a company like HitBTC breaks our trust, they make themselves immediately irrelevant to the needs of the market. Only then can the better exchanges rise to their deserved level of prominence. HitBTC is a cryptocurrency exchange platform that offers more than 800 crypto trading pairs, low trading fees, and a 2-factor authentication system to enhance user security.
- HitBTC is an big exchange with many trading pairs for your portfolio.
- Users have complained about everything from support to withdrawal times to lack of location transparency (are they in London or Hong Kong?!).
- OTC Trading – HitBTC offers Over The Counter trading for people looking to sell or buy large amounts of Bitcoin or other cryptocurrencies (over $100K).
- Please note that the verified users on HitBTC fall into their tier fee system.
- Nevertheless, HitBTC allows users to deposit funds using real-world money.
- First, navigate to the verification requirements so they are in full view.
Compared to most other exchanges, the price chart interface is quite similar. The biggest difference between HitBTC and other exchanges is the way in which funds are categorized on the “account” tab. This is because HitBTC gives each user two accounts (main account and trading account), which both HitBTC Review have different functionalities. Bittrex might be preferable as a platform overall compared to HitBTC, but only for certain traders. Good support and an even better reputation give it an edge over HitBTC. It has many currency options and very low fees that compete with anyone on the market.
Who created HitBTC?
Although there is much not to like about the HitBTC platform, one its strongest attributes is its extremely low fee structure. The price and value of any investment in digital asset products can fluctuate…. Trades might also be happy to start using the HitBTC mobile app for iOS and Android devices. The app is available on Google Play Store and Apple’s App Store. Overall, HitBTC is a secure exchange in terms of technology it uses to protect your funds. However, the exchange lacks transparency when it comes to its team and location, which is a major red flag for some.
For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety. And just in case someone else happens to be logged into their account, they can click a button that terminates all sessions except theirs. At the same time, they can also choose to automatically log out of all sessions at a selected, regular interval.
Founded in 2013 and launched in February 2014, HitBTC is an advanced cryptocurrency exchange specializing in altcoin spot trading. Reportedly, https://www.tokenexus.com/ the company was kickstarted with a USD 6 million venture capital investment. HitBTC is an old-time bitcoin exchange established in 2013.
