HitBTC Exchange Review 2021: Withdrawal Fees & Trading View

hitbtc reviews

It has a good mobile app which is available both on Google and Apple App store. It has more than 4-star ratings with good customer reviews. With the mobile app, you can keep track of your portfolio, hitbtc reviews the latest market trends and price movements, and many more. Using the “Search” field that you’ll find at the top of the page find the cryptocurrency and click the “Deposit” column.

hitbtc reviews

HUUGE SCAM!! BEWARE!

Without long preambles, I can say that everything is good on the whole. Easy to read and understandable dashboard, financial transactions do not cause problems. For example, to make it so that you do not have to wait for a long time for a response from technical support. If you have so many requests, then hire more people.

Avoid! Will plunder your account 0/10 never use again

hitbtc reviews

Then, go to your private wallet, paste that address, and transfer your funds. Nevertheless, the exchange has significant restrictive criteria that limit the deposit and the amount of withdrawal, as well as an extremely limited selection of pairs of virtual currencies. The CoinBase support service is unstable, so all these factors are very inferior to the HitBTC exchange.

  • I am sorry to admit that in this case, we need a while longer to complete the work on the IQ wallet.Meanwhile, you are welcome to explore some of the other markets available at HitBTC.
  • It is one of the largest Spot trading markets with more than 500 digital assets and 800+ trading pairs.
  • At the moment, in the ranking of trading floors with the largest daily trading volume, HitBTC is among the top 50 best exchanges.
  • HitBTC is also one of the few exchanges to provide trading bots with a range of APIs to help advanced traders trade automatically.
  • HitBTC’s pairs each Altcoin with USDT (Tether), Bitcoin or Ethereum.
  • They will have to enter their email addresses and then choose a strong password.

They have held my funds hostage!

hitbtc reviews

The traders placing limit orders are adding positions to the exchange order book. As the exchange is benefiting from such actions, it incentivizes traders to place limit orders via trading fee discounts. «Makers» pay less than «takers» — those who use market orders https://www.tokenexus.com/ («take» the orders off the order book decreasing the exchange liquidity). The Maker-Taker model means that makers pay smaller fees. On HitBTC, this model is special as makers trading in large amounts are not only fully exempted from paying fees but are rewarded.

HitBTC Exchange Review 2023 – Is It Safe?

They already know that I’m in contact with them, and daily complaining about their lack of response, this shows you how dishonest they are. They’ve still not unblocked my account, or reported any progress, just the same BS excuses and hollow promises. I tried to log in after several years of inactivity and found out that the account is disabled. I received no email from HitBTC about disabling my account. I opened a support ticket in the beginning of march and provided the required screenshots. The customer support keeps asking for more details that have nothing to do with the identity confirmation.

Are all the top cryptocurrency exchanges based in the United States?

  • They have hidden monthly inactivity charges and you need to check whether certain tokens are even online or you’ll deposit just to pay an inflated withdrawl fee.
  • They ask for personal information like photo ID, proof of residence, etc. which can be resold on the dark web, especially when it’s a crypto user’s documents.
  • But this is one of the possible outcomes for a financial services industry that is not well-regulated, and which has so much money pouring through it at all times.
  • In other words, OTC purchases and sales do not have a considerable impact on crypto prices, allowing high-volume buyers and sellers to get the best deal possible.
  • You can then send your purchased Bitcoin to the specific address listed on HitBTC’s exchange.
  • HitBTC is explicitly limiting the participation of low volume traders in the OTC trading — the minimum trade volume allowed in the OTC desk should be equivalent to 100,000 USDT.

I haven’t used this exchange for a long time, and I am very glad that it hasn’t only not become worse, but has improved in some aspects. If we talk about the mobile app, then it has become at least more optimized and convenient. Some of the platform’s main security features include address whitelisting, two-factor authentication, cold storage, auto logouts, strong password requirements, and more. Of course, HitBTC also has other security protocols running behind the scenes, and destined to intervene in case suspicious activity is detected.

In other words, OTC purchases and sales do not have a considerable impact on crypto prices, allowing high-volume buyers and sellers to get the best deal possible. I have emailed my reply, and will I be able to withdraw my revenue without paying ransom? Your agent did request 20% in advance to a special address. HitBTC should stop what they are doing and return the ransom money to their cliental who paid the ransom not knowing the Accelerator Package is actually deceiving them.

Unauthorized withdrawals

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