Hitbtc Exchange Live Markets, Trade Volume ,guides, And Info

HitBTC lets you buy and sell more than 300 cryptocurrencies with competitive trading fees, but negative user reviews mean you should proceed with caution. HitBTC has Over The Counter trading services for high-volume what is hitbtc traders. OTC traders happen due to the result of the partnership with TrustedVolumes. To use this feature, users must exchange over 100,000 USD per trade, and each trade will incur a 0.1% transaction fee.

Go to your Account page or select the green “Deposit” button in the top right corner of the main page. This kind of order is a limit order for a determined price. As the price reaches the stop price, the order turns into a limit order (so for stop-limit order you should specify both stop and limit prices).

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This is why it’s critically important to keep in mind that unsupported tokens deposited into your HitBTC account cannot be sent back. Please use the instructions below to avoid this unfortunate situation. There is NO FIAT TRADING. You cannot work with USD, EUR, or any other real-world currency. This makes it not beginner-friendly and extremely restrictive.

HitBTC offers cold storage wallets for select cryptocurrencies. This gives users the option to make use of offline storage for their funds. Customers appreciate the fast order execution, convenient ways for adding deposits and withdrawals, and competitive client service. Beginners on the platform will like the intuitive, user-friendly interface and the easy-to-start platform.

Hitbtc Fees

To the right of your deposit address, click “Buy COIN with a bank card”. Find your cryptocurrency (you can use the “Search” field) and click the button in the “Deposit” column. The list of digital assets available for deposits can be found on your “Account” page.

The security section in the “Setting” menu also allows users to check all the logins of their accounts. They should look for the IP address or location they don’t recognize. Just in case there’s an IP address that the user doesn’t recognize, they terminate all the sessions with one click.

Hitbtc Review 2021

More than that, makers with high trading volume can avoid paying fees or even start getting rewards for their trades instead of paying commissions. The anonymity of HitBTC provokes concerns from the public side. Some people over the Internet even allege that the only reason why HitBTC is hiding its identity is that this project is a scam. However, most of the problems were addressed by the company later and it doesn’t seem that there are any real reasons to suspect HitBTC in being a fraudulent platform. Generalaccounts– For this tier you can, of course, deposit crypto currency for free. Your daily withdrawal limit is EUR 5,000 worth of cryptocurrency per day. It’s important to note that FIAT transactions are not available for the general verification tier.

This platform offers its services globally without any restrictions. If you haven’t quite got the time to read our review all of the way through, then we concluded by noting that we cannot recommend HitBTC as a credible exchange.

Hitbtc Customer Reviews And Known Issues

For unverified users, HitBTC fees similar to the ones we find on other popular exchanges like Binance or Bittrex. However, for verified users, the fees drop significantly, making HitBTC’s fees absolutely cheapest on the entire market in terms of crypto trading. HitBTC is said to be the world’s most advanced cryptocurrency exchange providing the market with more than 300 cryptocurrencies in total. This platform has gained popularity in the blockchain community for its fault-tolerance, flawless uptime, and high availability. HitBTC Market SpreadMake sure that you have completed a KYC procedure. In order to deposit some cryptocurrencies, you are required to create a wallet address first.

In general, they employ state of the art cryptography for your security. There are daily backups of everything, which are distributed all over the world servers. 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.

Which Countries Does Hitbtc Support?

According to their website, Hitbtc is located in Hong Kong, with their offices in Chile too. The postal address of Hitbtc is Unit 19, 7/F., One Midtown No.11 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong. However, some sources were claiming that HitBTC was hacked with BTER and Excoin. Click on the button below and fill the online form with your email address, name, and choose a secure password.

High fees are currently a major concern for all businesses that deal with bitcoin, especially those with higher volume of transactions. Bitpay recently explained that high fees make BTC invoice payments under $100 impractical and uneconomical. The global payments service provider even stopped allowing those sub $100 transactions, enacting a minimum, before hastily restoring them under pressure from the bitcoin community. Being aware of all the pros and cons you’ve probably already decided if this crypto exchange is suitable for you. Now, if you want to start using HitBTC right away, you should know how to register and deposit your funds.

What Is Hitbtc?

We try our best to be the world’s leading cryptocurrency market data provider. Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience. For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is, at first, a dizzying experience.

Thanks to the intuitive user-interface, HitBTC is relatively easy to exchange for beginner traders to get started with. It also offers a robust toolset designed to meet the needs of advanced traders. Without further ado, let’s jump to HitBTC review and find out more about this cryptocurrency exchange. If the address you are withdrawing to is an ERC20 address , you must select the ERC20 option before making the withdrawal.

Hitbtc Deposit & Withdrawal Fees

Captain Altcoin is made up of investors and digital currency enthusiasts. How areregular people making returns of as much as 27,144% in a year? By picking the right coin at the right time – click the button to learn more. HitBTC is a leading European Bitcoin exchange and they claim to be the world’s most advanced Bitcoin exchange.

Rates for deposits that are charged by the exchange are 0% for SEPA Euro transfers, 9 USD for Wire Transfers, and £5 for UK bank transfers. The withdrawal fees are similar, except that the SEPA surcharge is a flat rate of 0.9 EUR.

The company operates as a third-party middleman between buyers and sellers, making a profit in trading fees along the way. All you need to do to get started is register a Bitcoin account, deposit some funds, and then proceed with your cryptocurrency purchase. If you then plan on keeping hold of your coins long-term, you should consider withdrawing them to private Bitcoin wallet , as opposed to keeping them in your online HitBTC wallet. The user can trade Bitcoin and other cryptocurrencies on the platform. Aside from Bitcoin, they can trade with some major cryptocurrencies like Ripple, Ethereum, Stellar, etc. Also, the user has the option to access altcoins that can develop in the future. If the user wants to trade with HitBTC, they can get a combination of crypto-to-fiat and crypto-to-crypto currency pairs.

• The importance of using 2-factor authentication can’t be underestimated.
• If the system detects you input a wrong format, it will inform you of an “invalid address”.
• This website is free for you to use but we may receive commission from the companies we feature on this site.
• Before clicking “Continue,” check the exchange rate offered by the selected provider .
• It is possible to monitor exchange markets, collect you favourite symbols in one view for quick access, view detailed information on each trading pair.
• Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold.

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%. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. The physicist has couple of years of professional experience as project manager and technological consultant.

Author: Chaim Gartenberg