Decentralization and DAO structures can enhance security, reduce the risk of single points of failure, and promote transparency and community participation. Find out the whole truth in this HitBTC review!
What is the safest crypto exchange to use?
Experienced traders who value a high degree of platform security may want to consider Gemini, while Coinbase is best for beginners. Crypto.com is best for mobile users who often trade on the go.
Dogecoin (DOGE) Breakout Hopes Fade as Markets Turn Bearish, Why GeeFi (GEE) Is the Smart Recovery Play
Hence, if you want to have a real trading experience without risking anything, you should definitely give it a try. In most cases, it’s recommended to watch some tutorials or simply start trading small amounts that you wouldn’t be afraid of losing. To avoid that, it’s important to figure out how the platform works first. Regular users pay a fixed amount – 0.1% maker fee and 0.2% taker fee. HitBTC offers some of the lowest fees in the market.
How to sell cryptocurrency on Hitbtc?
Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place. While some of the top cryptocurrency exchanges are, indeed, based in the United States (i.e. KuCoin or Kraken), there are other very well-known industry leaders that are located all over the world. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange.
HitBTC Deposit & Withdrawal Fees
- HitBTC is one of the popular European bitcoin exchange platforms that was founded back in 2013 and started with a 6 million USD Venture Capital investment.
- Since we’re already done with the positive aspects of this HitBTC review, it’s time to jump to the less pleasant part and discuss what this crypto exchange is missing.
- Knowledgeable customer support team, but why does it matter if theyre gonna take up to a week to answer me
- For some cryptocurrencies, you will also need to copy and paste your payment ID that’s also called “Destination Tag”.
- I was able to get most of my money back by investing in experts, trade+crypts, c0m, online who assisted me.
Some of the plus points of HitBTC are it has 450+ digital assets with more than 960+ trading pairs. The exchange is eager to host innovative projects and invites interested teams to take the initial step by completing the application form provided. May 2023 – HitBTC is actively seeking to onboard new tokens and coins onto its platform. It is one of the largest Spot trading markets with more than 500 digital assets and 800+ trading pairs. HitBTC is widely known for its simple user interface and high-volume trading. Consequently, a mysterious exchange like HitBTC will always have many followers pleased with its services and countless opponents dissatisfied with its lack of transparency.
any user out there???
- The trading interface is entirely customizable so that you can organize the windows in an order suitable to you.
- On the other hand, Streaming API allows you to access market data and trading operations and socket.io is a protocol that allows you to receive market data.
- You should take each of the aspects into account and decide if HitBTC is suitable for you!
HitBTC exchange offers beginners the chance to practice trading cryptocurrencies on its demo platform first. The exchange doesn’t charge any fees for cryptocurrency deposits; however, there is a fee for placing orders and withdrawing funds from the site. Our HitBTC review has disclosed the simple fee structure for customers wishing to trade cryptocurrencies on the HitBTC platform. 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. What is more, it supports more than 380 cryptocurrencies, over 800 crypto pairs, and has low trading fees.
Flipster Review 2025: Features, Verified Facts & Honest Verdict for Crypto Traders
Personal information, including name, address, country of residence, bank account, date of birth, and pertinent scanned documents, must be provided for adding or withdrawing funds. No personal information is required if users operate with digital currency, but those trading frequently and fiat currency are required to undergo verification. HitBTC features multiple levels of verification – unverified accounts are referred to as starters, whereas verified accounts get an upgraded account status.
How do I know I can trust these reviews about HitBTC?
Knowledgeable customer support team, but why does it matter if theyre gonna take up to a week to answer me Everything still great even 4 years using it, especially support team So if you want to share your experience, opinion or give advice – the scene is yours! All reviews, either positive or negative, are accepted as long as they're honest. Leave your genuine opinion & help thousands of people to choose the best crypto wallet.
What countries does HitBTC support?
Except for Syria, Sudan, Cuba, Crimea, North Korea, and the United States, HitBTC is available to users worldwide.
If you’re into daily trading this is especially important to you. You already know that it’s reliable, however, there are other aspects that matter. If you want your account to be extremely secure make sure to create a strong password. Now that this is clear, let’s begin this review from the positive aspects and find out is HitBTC legit. Before beginning with the pros of this HitBTC review, I would like to pay your attention to a few aspects.
I have to say that is quite disappointing as no one will be there to help you in case you’ll be having any issues when creating your account, verifying your identity, trading crypto, and so on. The Demo account is suitable for beginners who want to have a real-time experience in trading. The system will be calculating your trading volume for the last 30 days and determine the fee rate for your account every day. However, what you should know is that the higher amounts you trade, the lower your fees will be. If you’re still a newbie in the crypto world and do not know which aspects matter when choosing a crypto exchange platform, I can help you.
Discover the origin of decentralized finance, blockchain technology, and cryptocurrency with our articles What Is DeFi, How to Buy Cryptocurrency, and more. No, HitBTC is among the few exchanges that haven’t been hacked till now. If you want to withdraw money, you must first have coins in your primary account and then click withdraw. To deposit funds into your HitBTC account, you must first create a wallet address and click the green deposit button. If users achieve a tier 10, i.e., if they trade 50,000 Bitcoin or more each month, HitBTC will offer them a -0.01% refund on each completed trade. Unverified users pay a maker fee of 0.1% and a taker fee of 0.2%.
You can choose from more than 380 cryptocurrencies and over 800 crypto pairs. The main company’s goal is to introduce crypto traders to the most advanced technologies. However, centralized exchanges often provide greater efficiency, liquidity, and user-friendly interfaces. What is more, at the end of this review, I will show you how to sign up for HitBTC and start using this platform.
If you haven’t done that before, you could make trades that would bring you huge losses. That said, it encourages you to trade even more. That’s not something that many other platforms can offer. As you can see in the picture below, starting from Tier 9, you will be paid 0.01% back of the trade that you make.
HitBTC allows HitBTC users to trade crypto along with a vast selection of currency pairs. I didn't trade for about a year and the exchange took the money for itself. They cleaned up my account charging me inactivity fees that didn't exist when i signup in 2017. Just got my HIT-BTC account access restored after merging with hit-btc.exchange The process https://forex-review.net/hitbtc-review/ was quick and smooth support was helpful and responsive. The security protocols were insufficient, and my funds were stolen, despite my trust in their platform. I had a terrible experience with this investment platform, and I feel it's important to warn others about their unethical practices.
To withdraw coins, users must first go to the “accounts tab,” then to the withdrawal column, which displays all crypto and fiat money. However, withdrawals are subject to flat fees, which can be particularly costly for some newly listed cryptocurrencies. Regarding cryptocurrency deposits and withdrawals, HitBTC charges no fees for deposits. It’s an old-time Bitcoin exchange that supports a wide variety of digital assets, including major cryptocurrencies, low cap altcoins, and trading pairs. Its wide range of products and services, incredibly low trading fees (0.1% ), simple UI, and anonymous trading make it an appealing exchange for advanced traders. It's very secure, offers more than 800 crypto trading pairs, low trading fees and a demo version for beginners.
HitBTC is one of the popular European bitcoin exchange platforms that was founded back in 2013 and started with a 6 million USD Venture Capital investment. This system serves as their customer service support platform. It is highly recommended to keep your account secured no matter how small your trades are. Both these features are pretty standard across the exchange industry. Other HitBTC security features include cold storage and advanced encryption technology. Another additional security feature is the ability to view recent activity at the bottom of the settings page, which lets you check if someone is attempting to access your account from some location maliciously.
Low Trading Fees
The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. You should take each of the aspects into account and decide if HitBTC is suitable for you! If you want to see how HitBTC works, you can take advantage of the Demo version that allows you to try the platform out completely free without actually investing anything.
