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CRYPTO 101
Upon completing these five simple steps, your HitBTC account will be created, and you will be ready to start trading. Having discussed the positive aspects of HitBTC, it’s time to take a look at its shortcomings – but if you’re looking for a better alternative, Coinbase or Binance may be worth considering. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines. Anyhow, Wikipedia says that the company has been in business since 2013 and that is EU-Based. This is quite odd because their website says that they are operating by “HIT Solution Limited” which is located in Hong Kong. Thanks to their API’s, HitBTC is known for being able to be friendly enough to people who are into creating trade bots.
With the app, traders can stay up to date with the latest market developments and take advantage of trading opportunities as they arise. HitBTC’s mobile app is sure to be a hit with traders, providing them with a secure and convenient way to access their accounts on the go. In spite of the fact the HitBTC exchange happens to be a new trading and exchange platform for cryptocurrencies, it’s all geared toward achieving leadership positions in the market.
How to Deposit Funds into Your Account?
Therefore, if you want to have a real trading experience without risking anything, HitBTC is the perfect platform for you. HitBTC offers a mobile app that mirrors its desktop version, enabling users to trade on the go. The app is available for both iOS and Android devices, providing a smooth and responsive trading experience with real-time updates. HitBTC has good security features like 2-factor authentication and IP access lists. However, users express doubts because the company’s location is unknown and there are no official documents. Withdrawals have been halted for some currencies multiple times.
Registering Your Hitbtc Exchange Account
HitBTC supports FIX via two types of interfaces, including FIX Market data and FIX Trading. Funding your account can take up to fourteen (14) business days, while the withdrawal of funds can take up to twenty (20) business days. There are levels of accounts that you would be able to get with HitBTC – General, Verified, and Qualified. Each of these levels has their own advantage, but of course, the higher the level, the higher the trading volume. Like most other exchanges, HitBTC promises to be safe and secure thanks to the use of cold storage, advanced encryption technology and 2-factor authentication.
HitBTC reviews confirm that the platform is secure and reliable, making it a great choice for those looking to trade in cryptocurrencies. Fees are also competitive, making it an attractive option for those looking to maximize their profits. With its wide selection of coins and competitive fees, HitBTC is a great choice for those looking to trade in cryptocurrencies. The given exchange is very popular with European traders who often leave positive feedback about working with it. Users praise a wide range of tools for trading, the security of crypto trading, an intuitive interface, etc.; as for negative comments, users point to problems with withdrawal of funds and registration.
Creating an account on HitBTC is straightforward, and the verification process is quick and efficient. Users can verify their accounts through a secure identity verification process, which adds a layer of security to the platform. HitBTC is a popular cryptocurrency exchange with some unique features that set it apart from any other trade/exchange websites out there today that handle FIAT and crypto currency trading.
Margin and Futures Trading
In terms of user experience, HitBTC offers a great variety of options and features which could even help a first-time get started with trading. The design of the platform looks professional and well-maintained and there are a lot of instructions and explanations of the different trading operations users can make. Users should not use it to store coins and instead use a more secure wallet. HitBTC’s over-the-counter trading services are geared towards users looking to execute high-volume trades without needing to go through the public order books. The exchange claims to help facilitate deals directly with the counterparty without affecting the market price of the coin or token.
In our HitBTC review, we found that it is a secure and reliable cryptocurrency exchange with a wide selection of coins and trading pairs. It offers advanced trading tools and features, including margin trading and a wide range of order types. HitBTC provides a secure and reliable platform for trading digital assets, with a wide range of features and tools, including advanced order types, margin trading, and a variety of order books. The platform also offers a wide range of payment options, including bank transfers, credit cards, and cryptocurrencies.
API comes with several interfaces to make it easy to implement into custom software. Those interfaces include the Streaming API, socket.io, and RESTful API. RESTful API allows users to access market data, manage funds, and perform trading operations. HitBTC provides two step verification for all users through the commonly used Google Authenticator. This security feature is immediately presented to the user upon accessing Settings, and is used for all logins and withdrawals. Staking & Wallet PerksHitBTC offers non-locked staking options and zero-fee transfers and swaps in-app.
Secure Platform
- Known for offering a diverse range of cryptocurrencies and trading pairs, it provides a highly accessible platform for both beginners and experienced traders.
- With a claim of never having been compromised, it’s among the oldest crypto exchanges.
- These fees are subject to change, depending on network conditions.
- Verification can help ensure real people are writing the reviews you read on Trustpilot.
I saw the price for dogecoins beeing hitbtc exchange review very low there and fall for it, sended more money to buy. Now I realize, DOGECOIN cant be withdrawn and there are stuck in hitbtc. Its probably some sort of SCAM, you find reports of users to this all over the net, its going on since months.
AVOID using this SCAM platform
We are publishing reviews for each of the top exchanges, so don’t miss any of these updates by joining our Telegram group. Another point in favor of HitBTC is that without KYC you can handle a volume of transactions of up to 1 BTC every 24 hours, more than enough for most traders that start in the world of cryptocurrencies. With that established, let’s commence the review by examining the positive aspects and assessing the legitimacy of HitBTC. We approach matters of security and compliance with utmost care. HitBTC boasts high liquidity, ensuring that users can execute trades quickly and efficiently without experiencing significant slippage.
- Creating an account on HitBTC is straightforward, and the verification process is quick and efficient.
- HitBTC partnered with Trustedvolumes.com to roll-out this offering.
- Binance is a cryptocurrency broker based in China that launched its service in and offers individuals to buy and sell more than 72 cryptocurrencies.
- HitBTC is a crypto exchange that claims to provide 24/7 customer support, however, multiple reviews have pointed out that the customer service is poor.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. HitBTC also employs anti-phishing measures to protect users from scams and phishing attempts. This includes sending alerts when suspicious activity is detected and allowing users to verify the authenticity of communications from the exchange. The website interface is filled with all the information a seasoned trader would need.
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