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.
- Unlike many other exchanges, HitBTC has placed its bets on providing a world-class API.
- If you have concerns and questions you can contact the support team or use the so-called “Trollbox” on the main page of the website. Get bad credit cash loans.
- Its vast instruments, extremely low fees (.1%!), in-depth interface, and anonymous trading make it an attractive exchange for seasoned traders.
- You blocked hitbtc Are you sure you want to view these Tweets?
Since 2013, the exchange has been providing markets for Ethereum, Bitcoin, Monero, Dogecoin, Litecoin, USDT, and other cryptocurrencies. In December 2017, the platform had a daily volume of over 500 million USD. In 2018, the platform entered the top seven largest cryptocurrency exchanges by trading volume. Though the company doesn’t enter the top 10 any longer, it still manages to maintain a high position despite the severe competition in the industry. It also deserves attention as it actually shaped the crypto industry the way we know it today. HitBTC is a bitcoin and litecoin cryptocurrency trading platform. After a recently ended poll they are planning to add DogeCoin to the list of currencies you can trade on their site.
They will find it extremely confusing and might even experience a loss if not used properly. The interface of HitBTC is perfect for seasoned traders and skilled crypto-experts. It’s an information-rich platform, which ensures to retain high-end traders for the long-term. HitBTC offers active markets for more than 800 trading pairs. Due to HitBTC’s lack of transparency and customer complaints of missing funds, we do NOT recommend using this exchange.
HitBTC exchange does not have a minimum deposit, which means you can start trading with small amounts before you get more confident. By your side 24 hours a day, our support team will assist you with any issue or question you may have.
- The company offers a wide range of tools that meet the requirements of the most demanding users who prefer to use low-latency and trustworthy systems delivering peak performance.
- Click on the button below and fill the online form with your email address, name, and choose a secure password.
- You can see the correct permissions have been marked, the status is “ON” and the API Secret key is now hidden since it has already been shown.
- However, the terms change when the trading volume increases.
- In this program, you will receive around 4000 USDT worth of cryptocurrency.
- Bittrex might be preferable as a platform overall compared to HitBTC, but only for certain traders.
- If they resolve some of these issues and focus on improving the experience of their users, they might have a higher user base in future. Check testosteron-tillskott.se/.
They do not give specific date on when the “maintenance” will be completed. You can trade that “maintenance” coin, but once you move the “maintenace” coin from your spot to wallet, it is not reversible. Meaning you cannot transfer it back to spot to trade again.
Where Is The Headquarters Of Hitbtc In Hong Kong?
HitBTC hosts more than 600 currency pairs, that’s awesome. Funding your account can take up to fourteen business days, while the withdrawal of funds can take up to twenty business days. Hitbtc has never been hacked before, besides some sources saying otherwise without any proof regarding security.
ItBTC is one of the world’s top cryptocurrency exchanges in terms of trading volume, supported crypto coins, trading fees, and a diversity of the available features. It does not charge fees for cryptocurrency deposits, but incur a cost for placing orders and withdrawing funds from the platform. Join the conversation Add your thoughts about any Tweet with a Reply. You blocked hitbtc Are you sure you want to view these Tweets?
Best Tether Wallets In 2019
Not having an app does make the user-base limited, with users either having to use their mobile web-browsers or desktop to access the website. The HitBTC exchange supports and accepts Fiat currencies to buy cryptocurrencies. HitBTC is a Europe based cryptocurrency exchange that began in 2013 and now is operated by HitTech limited, based in Chicago. Unlike its name, that involves the abbreviated BTC in it, HitBTC is actually a multi-currency exchange instead of just a Bitcoin-oriented platform.
Here is the most relevant information connected with where is hitbtc corporate office, including phone numbers, addresses, locations and more. However, the lack of public knowledge about the company and who is really behind this project, brings some serious trust issues to many who would like to use their site.
Best User Rating
The Demo option is available at the bottom of the screen, or you can directly click here to enter the demo. Please note that users have to create a separate account for the demo platform. In this program, you will receive around 4000 USDT worth of cryptocurrency.
In this mode all transactions are made for practice purposes. The platform deploys sophisticated audited cryptography schemes that feature strict operational procedures along with user-specified limits and white-lists. Employing comprehensive custody architecture, HitBTC offers two kinds of custody for its users. One of them features top-level security for the top popular cryptocurrencies and all ETH-based tokens. The regular security mode is employed by the rest of the digital assets. Recently HitBTC released a demo version of their platform.
You might love how it all feels, but at the end of the day, it is still your decision to make. Although HitBTC used to support fiat currencies like USD, it does not keep it anymore.
Today’s Hitbtc News For December 5, 2021
Makers with monthly volume between 10 and 100 BTC pay only 0.07% while takers with the same trading volume pay 0.08%. Makers with the BTC 30-day volume don’t pay fees at all. Starting with the BTC trading volume, makers get a reward of 0.01% per trade.
In the past, KYC on HitBTC was not a mandatory procedure and some users were getting angry when they were requested to complete a KYC check suddenly. Some even have been thinking that these KYC checks are only an excuse for illegal withdrawal delay.
KuCoin did do one thing right from the very beginning — it offered tokens and trading pairs that couldn’t be found anywhere else. Coinbase Pro is an advanced cryptocurrency trading platform owned and operated by Coinbase, Inc. It was launched in the year 2015 as GDAX, a professional trading platform for individual active traders and later rebranded in July 2018. Coinbase Pro enables high-volume cryptocurrency trading solutions to traders in the US and other countries. All-in-all, it’s not bad that HitBTC wants to support a variety of assets that may not be offered on other exchanges. However, it might be time to clean up some of the trading pairs to reduce confusion and improve the trading experience for novice traders. HitBTC offers a complex but informative interface for seasoned traders and those who are looking for a platform where they can trade smoothly.
You can also visit this forumpostif you want to read about people that are having problems with their HitBTC account. HitBTC is popular for its API, which is extremely stable and will satisfy the needs of algorithmic traders. It provides an easy back office integration, and it is compatible with HFT set-ups, and algorithmic trading systems. 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. This platform is best-known for being a robot-friendly exchange.
With recent updates to Kraken’s user experience, it has completely turned around the way users think about the exchange. If HitBTC can pull off a UI update like Kraken, we have no doubt they will secure a long-term position as one of the leading exchanges. HitBTC has one of the largest selection of cryptocurrencies with 887 live trading pairs on the exchange. In addition to the large selection of assets, they also support a healthy number of quote currencies that can be used for routing orders, executing arbitrage, and more. We will say it now and we will say it again in this review, the user experience is a bit weak with HitBTC. It’s not bad, just not as great as we believe HitBTC deserves. With an exceptional trading engine, strong API, and long history in the crypto market, we see a great opportunity for their team to clean up the new customer experience and shine.
To maintain the security of our platform, we deploy comprehensive audited cryptography schemes with strict operational procedures as well as user-specified white lists and limits. Sensorium Galaxy brings a new form of entertainment and social engagement to the world by providing multi-user access to 3D virtual entertainment worlds. Even if your deposit has been credited to HitBTC, it seems your funds are not safe. Users have reported funds disappearing from their accounts. Recently this problem has been most prolific for TRX deposits.
How many Cryptocurrencies are there?
Quantity of cryptocurrencies as of October 11, 2021
How many cryptocurrencies are there? In short, there are nearly over 6,000 as of 2021 – a severe increase from just a handful of digital coins in 2013.
The partnership helps the HitBTC clients to streamline the trading process. The company prioritizes the principles of security, reliability, and quality of performance. The platform always tried to apply innovative techniques and introduce something new to the industry. It pioneered in many spheres introducing tools that one couldn’t find anywhere else. It had to leave the Japanese market due to the regulatory restrictions.
@hitbtc hello, in what region would I have the fastest API connection to trade? If you cant give out your exact server location, even a country would be great, thanks
— T Slaya (@t_slaya) June 11, 2018
Trading Platform – HitBTC’s main service is their trading platform. The platform supplies advanced trading feature, a relatively sleek UI and a demo mode for people who aren’t ready to risk real money trading Bitcoin just yet. HitBTC was the first on the market to offer automated and algo traders reliable and fast REST, WebSocket and FIX API. While HitBTC is a global cryptocurrency exchange, and thus, the vast majority of countries are supported, certain restrictions exist. As you’ll see from the above list, those based in the U.S. are not able to use HitBTC. Some users have stated they’re unable to access their accounts for no apparent reason.
- In OTC the traders make a deal directly without affecting the market price of the asset.
- A Ticketing feature, which allows users to contact the HitBTC support team directly.
- Demo Mode gives newbies an opportunity to learn exactly what HitBTC has to offer.
- HitBTC has paid to submit their information to our directory.
- Currently, completing the KYC procedure is a must on HitBTC.
- Please note that the verified users on HitBTC fall into their tier fee system.
At the moment they do not have an app for your mobile device launched. Nonetheless, they have announced a contest on their site on April for mobile app developers. They are offering $10,000 as a reward for this challenge. The challenge has ended on 15 May, that means we will probably see their apps released soon. HitBTC has paid to submit their information to our directory.
However, there are a certain number of complaints about users being hacked. There are chances that such an accusation may or may not be accurate. However, it does have some transparency issues, which put red flags on this exchange. Therefore, it depends on you and your risk tolerance level – Whether to trade on it with completing the KYC and regulating extra securities or not?
Absolutely the worse support @hitbtc
🔥DO NOT TRADE @hitbtc OR RISK TO LOSE YOUR FUNDS🔥
Just google ‘hitbtc frozen funds’#scam exchange
☠️NO KNOWN LOCATION FOR THEIR BUSINESS IS THE 1ST REASON NOT TO TRADE @hitbtc ☠️
— @MindYourCoins (@MindYourCoins) June 30, 2018
On the top left side of the page, you will find an “Exchange” button. By clicking on it, you will enter into the main trading area. The page can look intimidating for users who have never done trading. Either enter the name of your coin on the right-hand side or scroll through the list and select the coin you want to buy. One example of an exchange that drastically improved their user experience was Kraken. I remember the first time I used Kraken – it was dreadful. The landing page felt confusing and difficult to navigate.
How long does it take to verify HitBTC?
It might take from 3 to 5 business days to get your account verified, if no additional information is required.
The withdrawal process usually takes several minutes and highly depends on the cryptocurrency and network speed. Pro account holders enjoy the leverage of the same liquidity as on HitBTC, dedicated account management, and no limits on what is hitbtc deposit and withdrawals. To qualify as a Pro, users should have a minimum balance of 100 BTC or generate a turnover of 1000 BTC per month. As soon as the deposited funds show up in your HitBTC account, you can make your first trade.
Author: Felipe Erazo