Only those users who have 0.01 BTC in their account can write in chat. Setting your own account is not a hard thing to do once you decide to start trading on HitBTC.
You can go to the settings page and enable automatic logouts. Don’t forget to choose a preferred time period after which you’ll be automatically logged out, for example, 1 day, 2 days, etc. You’re looking for more hashing power or You want just to try mining? Submarine Swaps is an innovative solution to trade on-chain tokens for for Lightning invoice payments. Add 8th decimal to LIFE trading at HitBTC to increase volume and liquidity.
Hitbtc Customer Support
Rewarding traders instead of charging them with fees is a very rare feature. However, as you can see, it only benefits the high-volume traders. All in all, trading fees on HitBTC are the best on the market or nearly the best. It means that makers are charged with smaller commissions than takers. More than that, makers with high trading volume can avoid paying fees or even start getting rewards for their trades instead of paying commissions. Total scam exchange, I’ve used all top exchanges and this is the only one I’ve lost money with. Their trollbox is also used by a small group of users for pump and dump scams on unsuspecting users, point this out and you’re banned.
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.
However, HitBTC delivers most of the information that you will need to decide before trading. Those who are more experienced with trading will appreciate the various charts and graphs that HitBTC offers. Beginners who are unsure of what to make of the information or how to go about cryptocurrency trading will appreciate the information on the blog, which includes plenty of trading tips. The following instances are only from the last few days on the HitBTC Reddit. Trading on HitBTC follows a maker-taker model just like most of the other cryptocurrency exchanges, with a clean and conventional interface that displays all the latest trades made on the exchange. HitBTC functions as a conventional cryptocurrency exchange with a focus on altcoins, where it lists some of the newest coins and tokens that hit the market. 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.
How To Register With Hitbtc?
It creates a wallet address in two shapes (numbers and letters string and QR-code). It’s important to fill the additional identifier fields that certain currencies have. If you fail to do that, you will have to ask for the help of HitBTC support team to finish funding your account. The anonymity of HitBTC provokes concerns from the public side.
It can be used to practice trading without risks before starting to trade real money. HitBTC remains an important part of the cryptocurrency trading industry. These days, when Bitcoin and most cryptocurrencies have finally recovered from the bearish 2018, people should learn about HitBTC new policies and its current pros and cons.
Binance Review: The Worlds Leading Cryptocurrency Exchange?
You’ll find all the needed information on how to do that below. The very first aspect that multiple HitBTC reviews distinguished is the fact that this crypto exchange has poor customer support. If you want your account to be extremely secure make sure to create a strong password. Also, it’s recommended to have a dedicated email account for trading and keep your coins in secure cryptocurrency wallets. The most recommended cold wallets include Ledger and Trezor.
In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman – it connects you with that other person .
Hitbtc Withdrawal And Deposit Fees
The above countries are barred from accessing this exchange because of regulatory provisions or financial restrictions. HitBTC offers numerous trading pairs for trading on HitBTC with leverage.
Go to the Hitbtc login page to log in to your account. Trading volumes are one of the largest in this industry. However, some sources were claiming that HitBTC was hacked with BTER and Excoin.
How To Buy Cryptocurrencies On Hitbtc?
In OTC the traders make a deal directly without affecting the market price of the asset. The trading fee for OTC is 0.1% and the deals should be worth at least 100,000 USDT . OTC on HitBTC is curated by the exchange partner Trusted Volumes. The trade volume on HitBTC is over $2.5 billion per 24 hours. It is fair to say that this number is gradually growing despite the sporadic backslides.
What is HitBTC account?
HitBTC is the most advanced Bitcoin exchange
2-factor authentication, advanced encryption technology, cold storage – we give you peace of mind when it comes to security.
We’ve shown you how to register, deposit funds, and make your first trade. Furthermore, the exchange might ask for user email and mailing addresses and a contact phone number. In some cases, the exchange can ask for such information as an alias and the account password. Bank accounts, names of banking institutions, account balance info, trade history, and similar information could be requested in rare cases when dealing with withdrawals of high amounts of money.
With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, what is hitbtc though, both of these types of businesses are usually just thrown under the umbrella term – exchange. HitBTC is one of the popular cryptocurrency exchanges which is preferred for trading platforms that US traders cannot access.
- After that, click on the green “Buy Limit” button to complete the trade.
- Besides, it offers a demo account for the new traders.
- More than that, now HitBTC allows people to buy crypto coins with fiat money.
- As soon as someone decides to buy or sell some currency reacting on the existing order, he decreases liquidity because the order disappears.
- However, it isn’t without its drawbacks, and its reputation around the web is in doubt to say the least.
Select the said market and currency and, enter the amount, and click “Buy Market” to proceed. Once your funds reach HitBTC, you will see a pending transaction at the bottom of the Account page, in the “Latest transactions” corner. The approval process typically takes 2-3 business days. In cases, where you want to recover the HitBTC password, Visit the HitBTC Login page and then Click on the “Forgot Password” option. Then enter your personal information and user id after which you can reset your password. If, however, you require just a specific conversion of the occasional fork or cryptocurrency, they will probably get the job done.
Confirm Via Email And Log Into Your Hitbtc Account
HitBTC is one such exchange solution that has been providing trading services long before Bitcoin became a global phenomenon. After going live on HitBTC, ModiHost expects to boost the attraction of the platform for those looking to trade tokens. This achievement will also allow ModiHost community members to regularly gather information regarding the crypto asset and its competitors from a separate, reliable source.
In this case, don’t forget to copy and paste your Payment ID to a separate field before sending a deposit. On 15th June 2021, HitBTC announced the launch of its native utility token, the HIT token, which will become the foundation of the HitBTC ecosystem.
HitBTC offers a range of APIs such as REST, WebSocket, FIX API. The UI was developed to meet the needs of the most demanding and sophisticated traders. Users can take advantage of rebates and competitive trading fees via the Trading Fee Tier system. HitBTC cryptocurrency exchange was established in 2013; it permits the users to trade crypto along with numerous cryptocurrency pairs. HitBTC offers multi-currency support, and it has several million active users trading on its platform. HitBTC digital currency exchange interface is available in English, Korean, Chinese, Portuguese, and Spanish.
All listed measures provide strong security and all of them are quite efficient, especially in complex. As we already know another level of security is provided by the KYC-procedure that can’t be completed by the stranger.
To do this, select the currency you want to buy or use the “Search” field at the top, and hit the button in “Deposit” column. Copy and paste the address at a third party service to initiate a transaction. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. HitBTC is the 14th largest cryptocurrency exchange in the world. Nevertheless, once the app is up and running, you will be able to trade on the move, deposit and withdraw funds, track price changes, and more. HitBTC exchange complies to international anti-money laundering and KYC rules.
Author: Joanna Ossinger