HitBTC Reviews, Trading Fees & Cryptos 2024

It means that you make your deal directly with the counterparty without affecting the market price of the coin or token. For the most part public sentiment favors HitBTC for their simple user interface and high volume trading. However, like any exchange, HitBTC HitBTC Review has its positives and negatives that have been expressed by numerous traders. They did not give me an answer right away, but they promptly helped to solve the difficulties with the withdrawal of funds. Tech support worked professionally and helped me a lot.

Money Eating Machine

There is a plethora of charting functionality, analysis tools as technical indicators. The MT4 platform is no doubt one for professional traders who do a great deal of technical analysis. You cannot withdraw or deposit ICO coins before the company issues the real tokens. Once they are issued, the IOU’s are converted to real tokens that can be withdrawn or deposited. They make it so complex for you to withdraw your funds, they charge fee for not trading (being inactive from exchange) without letting you know. They have robbed from my account worth hundred of dollars.

Unauthorized withdrawals

We have received various ticket number with the name Mara Cueva from HitBTC Support Team. Mara assures me they will help me log into my account and will send an email. Sometimes they send a link whuch asks for an email and password. I fill this out and nothing happens.The promised email never arrives.

Main Features of a New Exchange Platform NovoBrokers.com in Our Review

Simply navigating a complex trading screen can befuddle even the brightest newbies, and once the purchase has been made the problems are only just beginning. Throughout its history, HitBTC has been known for providing a multi-currency exchange platform with a focus on advanced traders. HitBTC exchange fees vary depending on the type of transaction and the user’s tier status within the exchange’s tier system, which is based on trading volume. Generally, HitBTC employs a maker-taker fee model where makers, who provide liquidity to the market, are usually charged lower fees compared to takers, who take liquidity from the market. HitBTC offers a trading experience that is both intuitive and advanced, catering to the needs of different traders. The platform features a user-friendly interface with a variety of tools and a robust API that allows for seamless integration with trading bots and other third-party services.

Security – Is HitBTC Safe?

You can activate it when logging in, withdrawing funds, and adjusting settings. HitBTC is a crypto currency exchange owned by HIT solutions Ltd, which is based in Hong Kong. This exchange will allow you to send as much crypto as you want to your newly opened https://www.tokenexus.com/ account., but then will seize your funds until you complete kyc. All i wanted was to make an exchange on their platform but ended up with held funds for months and agents who kept lying to me even after i let them know i had a sick child that needed it.

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That being said, even if you’re a fan of less popular coins, the chances of finding them on HitBTC are truly high. HitBTC allows you to trade the most popular cryptocurrencies and widespread fiat currencies, including USD and EUR. The main company’s goal is to introduce crypto traders to the most advanced technologies. Bittrex might be preferable as a platform overall compared to HitBTC, but only for certain traders.

• It provides an easy-to-use platform so that everyone can confidently buy cryptocurrencies.
• For those traders who like to code their own trading bots, HitBTC offers a pretty robust and efficient API.
• Additionally, HitBTC has developed a voting application and a demo trading platform for beginners offering them to try and trade cryptocurrencies on its Demo platform first.
• You can activate it when logging in, withdrawing funds, and adjusting settings.
• HitBTC takes first place in the global cryptocurrency market in terms of liquidity (according to CoinMarketCap).
• HitBTC team members have designed the HitBTC platform with diverse types of users in mind, with various accounts for them to choose from based on their trading style.
• Margin trading is extremely risky however, as users must cover any loss caused by falling crypto prices.

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Through the OTC layer of insulation provided by HitBTC, price fluctuations will have little to no impact on prices. HitBTC currently charges a 0.1% commission on OTC trades. Those who are interested in the service, must apply via the exchange’s partner website, TrustedVolumes. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place.

• They also have options that let them automatically log out of all the sessions at a regular period.
• Toju Ometoruwa is a Northeastern University alumni who is the co-founder of Pazima, a start-up that provides secure lending options for low-income workers.
• Whether HitBTC will be able to turn around has yet to be seen, but we recommend that everyone go to other exchange, like Binance, which can be trusted with their money.
• We don’t know why HitBTC has started to suffer, and we don’t know what’s going on within the company itself.
• The MSP (Main Selling Point) of Hitbtc is its highly competitive fees, as it offers the lowest prices in the crypto market.
• The exchange doesn’t charge any fees for cryptocurrency deposits; however, there is a fee for placing orders and withdrawing funds from the site.

Customer Service Experience