HitBTC Reviews 57 Reviews of Hitbtc com

Very annoying as I have agree to making these payments but when it comes towithdrawal, there’s some sort of fee that can’t be deducted from my balance. Risk Disclaimer – Trading cryptocurrencies is a complex instrument and https://forex-reviews.org/ comes with a high risk of losing money rapidly due to leverage. You should do your research and consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.

While it is possible to use margin trading to increase your profits very quickly, it is also possible to lose your collateral very quickly if the market swings in an unfavorable direction. This could result in a liquidation of your margin balance, which is a complete loss of funds. The trading screen (located by selecting “Exchange”) on HitBTC is a bit archaic and outdated compared to most other major cryptocurrency exchanges. It lacks several customization options and seems to use an older rendition of web design software and/or coding structure. It is possible to switch the chart to a TradingView-style display by pressing the symbol next to the words “Switch to”, to the right of the trading pair name. This will bring up a lot more options, such as chart drawing tools, technical analysis indicators, and candle representations.

Low Trading Fees

You will also need to enter your BTC deposit address generated by HitBTC to send the funds to your account on the exchange. Since cryptocurrency popularity is growing you can find such a variety of platforms that allow you to buy, sell and trade cryptocurrencies. While having more options is a good thing, you might also encounter some issues when choosing a cryptocurrency trading platform for your needs. The HitBTC core matching engine is lightning fast, extremely liquid, and supports a slew of cryptocurrencies with a highly advanced dashboard. Mentioned previously in this HitBTC review, there isn’t much information regarding whether HitBTC is licensed or not, leaving customers open to fear of HitBTC scams.

Trading can be done manually or via the API – the test mode is as responsive as the regular exchange platform. Ryan, thanks for sharing your personal experience, Hitbtc doesn’t target accounts holding small funds, in the meantime why to deny that Hitbtc is blocking traders funds? Our HitBTC review has disclosed the simple fee structure for customers wishing to trade cryptocurrencies on the HitBTC platform.

HitBTC supports reliable and the best crypto trading bots like HaasOnline and TradeSanta. It does offer one of the broadest cryptocurrency markets selection in the entire industry, and its trading fees are the lowest, too. The exchange is relatively secure and easy to use but is a better fit for more experienced traders.

How to Register With HitBTC?

In the summer of 2020 HitBTC has launched a margin trading feature. Throughout the time since launch, the exchange has been widening the list of the available margin trading pairs. 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. Blockchain.com is a full-featured cryptocurrency exchange but it isn’t suited to everyone.

Submit a ticket feature, allowing you to reach out directly to the exchange’s support team. Graph displaying the depth of a particular market for a cryptocurrency pair. Personally, I haven’t had any issues with the service yet, but at the same time, I would not recommend depositing more money with it than I can afford to lose. Once you sign up, you’ll see that HitBTC forces you to active 2FA measures on your account.

Questions? Get answers from the HitBTC staff and other customers.

Tradingview has a variety of features and tools available such as technical overlays, chart patterns, Fibonacci extensions, and other popular cryptocurrency indicators that can be applied. Changing trading pairs or logging out of HitBTC does not remove any drawing tools or patterns overlaid on the chart. Because they have arguably the best deal for market makers, users who are accustomed to setting limit orders would benefit from their fee policy. The System Health tab is HitBTC’s way of transparently showing their system’s health for each cryptocurrency. Users can check this to see if their coin/token of interest is currently available for deposits, transfers, trading, or withdrawals. They also track maintenance statuses and pending and last successful deposits and withdrawals.

HitBTC exchange does not ask for any verification as a part of the KYC process. HitBTC website’s main page offers several basic information and displays trading charts accompanied by various cryptocurrency trading volumes. Aside from trading volume, it contains information like exchange rate, changes in the latest market price, offer to buy or sell, trading volume for 24 hours, and several more. HitBTC provides a medium to exchange government issued currencies for cryptocurrencies. It provides trading in multiple traditional currency to cryptocurrency pairs and cryptocurrency to cryptocurrency pairs. This will attract first time cryptocurrency traders because they can turn fiat into crypto very easily.

BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. Before making financial investment decisions, do consult your financial advisor. Using the “Search” field that you’ll find at the top of the page find the cryptocurrency and click the “Deposit” column. Now, since HitBTC has multiple security measures, it might take a while for you to create your account and verify identity.

HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.). HitBTC is a very popular platform that calls itself ‘the most developed cryptocurrency exchange’ and offers hundreds of trading pairs, including both crypto and fiat currencies. It offers complex trading options and the team continuously adds new features and functions.

Based on this, the users can select their preferred cryptocurrencies to trade on the platform. Visit HitBTCIn short, there isn’t a strong case for traders to consider using HitBTC. Since the exchange was founded in 2013, there appears to be a lack of significant investment and development to improve the user experience. This appears to be reflected by the declining trading volume and number of users. There are better alternatives to HitBTC that should be used to trade crypto with more features, service offerings and improved customer support. Both exchanges support plenty of trading pairs and provide high accuracy thanks to high liquidity and strong matching engines.

• Another positive point for HitBTC is the possibility of activating Two-factor authentication , which provides great security for users.
• As far as cryptocurrency exchanges go, Kraken has withstood the test of time.
• 2023 update – HitBTC has hardly innovated anything in the past 2-3 years.
• Not only does this help stop unauthorized withdrawals but it’s a way to make sure that you never accidentally send funds to a wrong address.
• It also values users’ data and privacy and is entirely GDPR compliant, as you can delete your data from the exchange at any time.

The tier system continues all the way to those who trade over 50,000 BTC a month, at which point the maker fee is negative . Below the chart screen is a section titled Instruments where trading pairs are broken down by base pairing. Here you can navigate back and forth between different pairings without having to leave the trading screen. Below that is the orderbook with buying and selling sides occupying 2 different columns. However, it does allow registrations from customers in every other part of the world (so long as your country’s laws do not expressly forbid cryptocurrency trading).

HitBTC offers robust security measurements and will protect your assets even if your personal details, such as account information and email address, are compromised. What is more, it supports more than 380 cryptocurrencies, over 800 crypto pairs, and has low trading fees. HitBTC allows HitBTC users to trade crypto along with a vast selection of currency pairs.

HitBTC Supported Currencies and Countries

The process of buying and selling is equally simple, and you can withdraw coins without any problems. A great place to expand your crypto portfolio, plus they have a great support team on hand. The most important thing is that hitbtc crypto exchange review they bring the matter to the end, and if I contacted them, then the issue will certainly be resolved. One of the key benefits of the HitBTC trading platform is the ability to trade without having your account verified.

thoughts on “HitBTC Review 2023: Started Strong, But A Risky Crypto Exchange Today”

This fee is in line with the historic industry average (the historic industry average is arguably around 0.25%). However, we now see more and more exchanges charging much lower trading fees, many ranging from 0.10% to 0.15%. The exchange promotes three things in particular as advantages with choosing to open an account with HitBTC. Second, they say that it is “fast, responsive and feature-packed”. Third, they state that the platform has a “robot-friendly API”.

HitBTC Deposit and Withdrawals

It allows you to trade a wide variety of coins on the classic exchange or delve into peer to peer trading. CEX.IO is a cryptocurrency exchange software product that provides you with an all-in-one platform to buy and sell a wide variety of crypto coins. Its robust trade functionality enables you to set price alerts so that you can purchase assets at a price that suits you, …

Perpetual futures have no expiration date so the opened positions can stay active for as much time as needed. Perpetual futures are less risky traders can use small amounts of money for hedging the market. More than that, the futures contracts use isolated margins. It allows traders to change the asset used as collateral for open positions. Supported currencies are BTC, ETH, TRX, BCH, ADA, DOT, SOL, EOS, AAVE, MATIC, XLM, UNI, LTC, and HIT.