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HitBTC Review

Our Content on the Website is Our own opinion and does not constitute financial or investment advice in any way whatsoever. Nothing published on the Website constitutes an investment recommendation, and You should not rely on any data or Content published by Us for any financial or investment activities. Diving deeper into HitBTC’s security protocols reveals a comprehensive approach that extends beyond the basics. A combination of cutting-edge security practices, including sophisticated monitoring systems and regular audits, helps to maintain the integrity of the platform. HitBTC has a maker/taker fee schedule which you can see below.

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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. The reason why they’re so secure is because your private keys are stored offline. You can choose from more than 380 cryptocurrencies and over 800 crypto pairs. That being said, even if you’re a fan of less popular coins, the chances of finding them on HitBTC are truly high.

What is the difference between a crypto exchange and a brokerage?

At the top left hand side of page, click on the ‘Exchange’ button. This can look quite intimidating if you’ve never traded before. On the right side of the trading screen, enter the coin that you want to buy, and then click on your chosen trading pair. Now that you have created your HitBTC account, you will now need to deposit some funds. If you want to deposit funds using a bank account, you will need to go through a verification process.

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. Remember, though – if you’d like to check out some better alternatives, feel free to visit Coinbase or Binance. Regular users pay a fixed amount – 0.1% maker fee and 0.2% taker fee. However, what you should know is that the higher amounts you trade, the lower your fees will be.

How to Register With HitBTC?

You can directly click here to open the support ticket of HitBTC. Another option is to scroll down till the end of the Home page and select the “Support Center.” In the support center, you will see a “Contact Us” button. After clicking on that button, it will take you to the support ticket. https://www.tokenexus.com/ Users should note that the IDs should be valid for the next three months, and the photo should be the original one and not a photocopy. Also, the image should be clear, colored, and with high resolution. You will see the green “Deposit” button on the top of the page; click on it.

“The world’s largest and most advanced cryptocurrency trading platform” —or so they say. Despite the well publicized hack, the company takes security seriously. It’s current monthly volume is a staggering 114.8 BILLION!

HitBTC a complete SCAM

Next, you will need to enter your email address, and then choose a very strong password. Click on the ‘Sign Up’ button to move onto the next stage. As prices of digital assets are highly volatile, users could lose all or a substantial portion of the value of any digital asset they purchase…. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Select a currency from the chart’s list, and the page will instantly refresh and display information about the chosen trading pair. HitBTC does not ask for KYC procedures from every trader, but it will ask the traders to read their terms and conditions before using their platform.

  • HitBTC consistency ranks as one of the top cryptocurrency exchanges on the market in terms of trading volume.
  • The MT4 platform provided by HitBTC and Weltrade can be run on a range of different devices.
  • However, like any exchange, HitBTC has its positives and negatives that have been expressed by numerous traders.
  • Their core-matching engine includes superior order matching algorithms and real-time clearing.
  • This European-based exchange is a favorite among professional traders.
  • Of course, all discounts are based on the 30-day trading volume and average token balance over 30 days.

Hitbtc is most secure exchange till now as of my experience. For some cryptocurrencies, you will also need to copy and paste your payment ID that’s also called “Destination Tag”. Hence, if you want to have a real trading experience without risking anything, you should definitely give it a try. Now, while such accusations cannot be substantiated HitBTC Review with any certainty, if the general consensus is that HitBTC has suffered multiple hacking attempts, then it is likely to be true. Once you’re on the trading screen for the coin you want to buy, scroll down below the main chart. The traded price of digital tokens can fluctuate greatly within a short period of time….

You only need to go through the list to find out the withdrawable ones before placing your withdrawal and it’s seamless.Thank you Hitbtc. Users are able to enhance their exposure to the crypto market by placing margin-backed trades, which entail trading via borrowed funds. Through this strategy, traders can increase the value of their deposit through the means of collateral, thereby accessing a higher profitability potential.

HitBTC Review

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