Note that for a beginner or a general trader, the maker fee is 0.1% and the taker fee is 0.25%. Let us learn how to create an account on the Hitbtc exchange Moreover, the exchange offers exclusive rebates to HIT owners and gives discounts for HIT trading pairs. It offers Spot, margin, derivative and OTC trading with a maker fee of 0.10% & taker fee of 0.25%. It is a place where both newcomers and trading professionals will be able to trade with ease.

Moreover, HitBTC organizes various trading contests, allowing users to measure their skills against other traders and get more experience. 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 encourage you to trade or store cryptocurrency on their platform and promise that it is safe.

How do I know I can trust these reviews about HitBTC?

They've denied my withdrawal requests 12 times without providing any explanation. I've tried so many times to withdraw my earnings and my initial investment, as my investment period has ended, but they've refused to release my funds. These scammers only request payment, and when it is time to withdraw, they will keep asking fo more money for different silly reasons. I firmly alert against drawing in with HitBTC, as my experience proposes they work as a trick organization. Everything's intact, and I'm glad to be trading again. Now I can trade and manage my assets without any issues.

The account offers several advantages like two-factor authentication, low fees, and the ability to restore access to the user account if passwords are forgotten. One essential feature of the HitBTC exchange is that the user trades without verifying their account. HitBTC features high-volume trading, and the trades are executed in a matter of seconds. You can enter the cryptocurrency you want to purchase on the trading screen and select your favorite trading pair.

any user out there???

HitBTC supports a huge number of cryptocurrencies. While HitBTC has multiple features and functions, we’ll be focusing only on the most important crypto side of things that will help you to decide whether this exchange is suitable for your personal needs. HitBTC allows you to trade the most popular cryptocurrencies and widespread fiat currencies, including USD and EUR.

HitBTC.com Security

While some are more straightforward and beginner-friendly than others, you shouldn't encounter any difficulties with either of the top-rated exchanges. I'm so confused, but I rly want to invest in cryptocurrency and become real rich. However, https://forex-review.net/hitbtc-review/ I read in some reviews that the withdrawal process can be slow at times. Been helpful for me as a new trader altho i do understand the hassle around it if i had the money id go to another one maybe dunno I experienced lost connection but waiting 2 weeks for support team to answer. Hitbtc is most secure exchange till now as of my experience.

How to Deposit Funds into Your HitBTC Account?

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.

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• Moreover, HitBTC organizes various trading contests, allowing users to measure their skills against other traders and get more experience.
• I didn’t trade for about a year and the exchange took the money for itself.
• The HitBTC customer support team is available around-the-clock, and you can contact them through an online support form.
• Next, our HitBTC exchange review will look into trading crypto on HitBTC.

When the deposited funds are added to the account, you’re all set to start trading. To be eligible for HitBTC’s OTC service, you must exchange more than $100,000 for each trade, and each transaction will be charged a 0.1% transaction fee. Professional traders also choose HitBTC for its range of trading options, high liquidity, anonymous trading at low levels, and high-volume trading with no limitations after verification, amongst other features. The HitBTC core matching engine (the mechanism that executes transactions) is lightning fast, extremely liquid, and supports a slew of cryptocurrencies with a highly advanced dashboard.

In order to use the full features of the exchange you need to verify your account. Secondly, it uses a maker-taker model for calculating trading fees and also considers trading volume and HIT holdings while calculating your trading fees. It surely is one of the longest-standing platforms in the cryptocurrency industry. Let us learn how to withdraw cryptocurrency on the Hitbtc exchange

How to Deposit & Withdraw on HitBTC

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.

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.

• While HitBTC has multiple features and functions, we’ll be focusing only on the most important crypto side of things that will help you to decide whether this exchange is suitable for your personal needs.
• Some of the plus points of HitBTC are it has 450+ digital assets with more than 960+ trading pairs.
• There is a limit to buying, selling, and withdrawing if you are not having a verified account.

BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency. If you're someone who'd prefer a better and more-established crypto exchange, make sure to check out Coinbase or Binance, and start your crypto journey today! HitBTC offers robust security measurements and will protect your assets even if your personal details, such as account information and email address, are compromised. If you completed each of these steps you managed to successfully deposit funds into your HitBTC account. For some cryptocurrencies, you will also need to copy and paste your payment ID that’s also called “Destination Tag”. Using the “Search” field that you’ll find at the top of the page find the cryptocurrency and click the “Deposit” column.

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. However, the security and transparency of this exchange are major concerns. Futures Trading fees are fixed for all tiers at 0.02% for Maker Fees and 0.05% for Takers Fees.

Meanwhile, verified users fall under HitBTC’s tier fee structure, which determines trading fees depending on the user’s trading volume over the last 30 days. One of the key benefits of the HitBTC trading platform is the ability to trade without having your account verified. If you deposit cryptocurrencies, you don’t need to prove your identity, and the funds will be available in your account in less than 20 minutes. HitBTC is also one of the few exchanges to provide trading bots with a range of APIs to help advanced traders trade automatically. 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.

Recent HitBTC User Reviews

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. Now, when it comes to trading, one of the aspects that might influence your decisions on which of the platforms to choose is trading fees. I bet that the majority of you were looking for a HitBTC exchange review because you wanted to make sure that this platform is legit and suitable for trading. Thus, based on all the security features that HitBTC provides, it would be fair to say that this crypto exchange can be recommended for its robust security. This shouldn’t happen when using HitBTC as it’s one of a few crypto exchange platforms that’s never been hacked. As you can see, HitBTC exchange is truly extensive and provides you with the ability to trade multiple cryptocurrencies, even less popular altcoins.

Reviewers dissatisfied with HitBTC most frequently mention and inactivity fee. HitBTC has a rating of 2.1 stars from 90 reviews, indicating that most customers are generally dissatisfied with their purchases. On Sitejabber, businesses may not offer incentives or pay to remove reviews. Carefully selected industry experts contribute their real-life experience & expertise to BitDegree's content. To ensure the highest level of accuracy & most up-to-date information, BitDegree.org is regularly audited & fact-checked by following strict editorial guidelines & review methodology.

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.