HitBTC Review: Is It the Ultimate Cryptocurrency Exchange?

HitBTC has the markets you need to trade such currencies as Bitcoin, Ethereum, Dogecoin, Litecoin, Monero, and USDT, among others. HIT Solution Ltd., a Hong-Kong-based company, runs HitBTC. Also, a big advantage for advanced traders is the API for using bots, which helps to trade cryptocurrency automatically. While withdrawals are closed during maintenance, trading functionality is available at that moment.

doge withdrawal maintenance already 8 months

HitBTC provides its services worldwide without restriction. The company pays most of its attention to the Estonian and European markets, however, HitBTC exchange is highly accessible to customers from different countries around the world. HitBTC cryptocurrency exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs. The platform was launched back in 2013 and the investments it received amounted to about 6 million dollars. I’ve already done thousands of trades here a few years back, so they earned already lots of money from me, but as a ‘thank you’ they deducted $300 in the last years in total for no activity. And they didn’t have the ‘balls’ to name it fee – they just declared it as ‘withdraws’.

• You must go to the HitBTC homepage and click the sign-up button in the upper right-hand corner of the page.
• The MT4 platform provided by HitBTC and Weltrade can be run on a range of different devices.
• Your funds are not safe if 2-factor authentication is off.
• You could also do this on any other exchange that offers fiat trading options.
• The company is based in the Seychelles, and although not much information is available about its team, we expect that over a dozen people are involved with the operations of HitBTC.
• In order to write in the chat, on the exchange you must have an amount equivalent to 0.01 BTC.
• On the top left side of the page, you will find an “Exchange” button.

Moderately good, but its’s absolutely not a bad exchange

While verification is not mandatory on HitBTC, unverified accounts do have certain withdrawal limits in a day. Hence, if you wanted to withdraw more than the limit that they have on the exchange then you will have to verify your account. HitBTC has a rating of 2.2 stars from 79 reviews, indicating that HitBTC Review most customers are generally dissatisfied with their purchases. Reviewers complaining about HitBTC most frequently mention inactivity fee problems. To further benefit market makers, HitBTC offers Market-Making (MM) Contracts. These are monthly contracts that come with rebate bonuses and cash incentives.

i have coins that were blocked by…

• System monitor helps users to check if some coins are blocked from trading, withdrawals, or other actions for specified periods of time.
• While it is a positive that HitBTC does have a social media option for addressing customer issues (Reddit), there have often been queues of unanswered questions at times.
• To maintain our free content and further support our work, we receive compensation from some companies advertising on Crypto Head.
• The MT4 software can be run on your desktop, on an iOS device or on a Google Android.
• This approach not only streamlines the problem-solving process but also reflects a user-centric philosophy that places a premium on trader education and autonomy.
• While there have been mixed reviews regarding response times, the exchange makes an effort to address queries and resolve issues, ensuring users have support when needed.
• In 2021, HitBTC added fiat-to-crypto and margin trading options.

To transfer money from HitBTC, you need to log in to your account, navigate to the ‘Accounts’ tab, and click on the ‘Withdraw’ button next to the currency you wish to transfer. Then, enter the destination address, the amount to withdraw, and any other required information. HitBTC is a cryptocurrency exchange that was launched in 2013. As for its location, HitBTC has been somewhat secretive about its headquarters, and there has been some speculation about where it is based.

The support team has replied to you and provided you with instructions. One of the categories that separates HitBTC apart from most exchanges is its number of available currency options. As of November 2018, there are over 200 different cryptocurrencies available on this exchange. Many cryptocurrencies that aren’t available on other popular exchanges can be found on HitBTC.

Users in the US should verify the availability of HitBTC services in their region and ensure compliance with local regulations before attempting to use the exchange. HitBTC was established in 2013, presenting itself as an advanced Bitcoin exchange. Since its beginning, it has expanded to offer a wide range of cryptocurrencies for trading. Security is a paramount consideration at HitBTC, with multiple layers of protection implemented. These include two-factor authentication, advanced encryption technology, and cold storage facilities for digital assets.

Avoid! Will plunder your account 0/10 never use again

The contract specifies your volume range on the sell and buy side, as well as your maximum spread. Market orders allow you to sell or buy the instrument of your choice at the market price, which is the best available price when you place the order. Totals and fees are estimates since this price varies in real-time. HitBTC markets itself as the “most advanced Bitcoin exchange,” and it has a long history, in operation since 2013.