Such links don’t imply our endorsement, and we aren’t liable for the content, products, or services of these third-party entities. We emphasize that our compensation never affects our editorial integrity. Any claims, statistics, or general information should be verified with the respective providers. For a detailed list of our advertising partners and more on our monetization strategies, refer to our full advertiser disclosure. Crypto Head’s editorial principles prioritise transparency and reader trust.
- The exchange also adheres to strict regulatory guidelines, which underpin its commitment to providing a secure trading space for its users.
- Get the most important crypto news, price predictions, and expert insights delivered to your inbox.
- We approach matters of security and compliance with utmost care.
- No one is complaining about secure KYC processes.
- This is public information and can be found in our Terms of use that every trader must read and accept before they start using our platform.
- I could find it in my trezor wallet and sent them the screenshot of window that Trezor opens with the summary of the transaction details.
At first glance, it is easy to see why HitBTC is responsible for some of the largest trading volumes in the crypto exchange industry. Not only does the platform support more than 300 coins and over 800 trading pairs, but fees are highly competitive. However, upon further analysis, we cannot endorse HitBTC as a credible exchange. If you haven’t quite got the time to read our review all of the way through, then we concluded by noting that we cannot recommend HitBTC as a credible exchange. The platform not only has a history of moving from jurisdiction-to-jurisdiction, but it has a significant number of bad reviews in the crypto community.
Table of Contents
HitBTC even accepted fiat payments from some non-European countries, offering access to a host of new users who were not served by HitBTC’s well-known competitors. HitBTC also features the FIX API, which is an electronic protocol that’s used to securely and instantly transfer financial information between market participants. As an internationally-recognized standard, the HitBTC FIX API is suitable for brokers, corporations, rating agencies, hedge funds, investors, and other user types.
- I can only sell them for 700 euros, even though they are worth around 12,000 euros.
- Discover the origin of decentralized finance, blockchain technology, and cryptocurrency with our articles What Is DeFi, How to Buy Cryptocurrency, and more.
- This HitBTC review will reveal everything you need to know about the HitBTC exchange, its features, services, trading fees, etc., to help you decide if it’s a suitable exchange for you.
- Although the app is now available to download free of charge via the Google Play store, it is still in development mode.
- 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.
- During this event, some users complained that they couldn’t withdraw funds from the exchange.
All transactions made won’t count, so you won’t risk lightening your wallet. There’s a fast engine, low commission fees, 150 instruments, and a highly detailed interface for pro traders. Many of the complaints can be found on the company’s Twitter profile (mainly in comments to existing posts) and in the currently banned subreddit r/hitbtc. Some interesting user comments can be found in the bottom of this post and in the comments of this review by Blockonomi.
How to Get Verified
It’s advisable to check the latest fee structure on HitBTC’s website since fees can change. HitBTC has constructed a fee landscape that benefits participants by incentivising market liquidity through its “maker-taker” fee schedule. This incentivisation model is designed to reward those who contribute to market depth, thus attracting a diverse range of participants and fostering a more vibrant trading ecosystem. This commitment to performance and reliability is key to the satisfaction of its users. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money.
- This process includes depositing using a cryptocurrency rather than through a bank account.
- HitBTC has constructed a fee landscape that benefits participants by incentivising market liquidity through its “maker-taker” fee schedule.
- HitBTC is one of the popular European bitcoin exchange platforms that was founded back in 2013 and started with a 6 million USD Venture Capital investment.
- HitBTC supports almost 800 different crypto assets on its exchange.
- All traders will be happy to hear that HitBTC is developing a mobile app for iOS and Android devices that you can download on Google Play Store and Apple’s App Store.
- Also, the image should be clear, colored, and with high resolution.
HitBTC has over 800 trading pairs available, including Bitcoin, Ripple, Ethereum, Stellar, etc. In addition, users can access future cryptocurrencies. Users can choose between crypto-to-fiat and crypto-to-crypto currency https://www.tokenexus.com/ pairs. Regarding cryptocurrency deposits and withdrawals, HitBTC charges no fees for deposits. However, withdrawals are subject to flat fees, which can be particularly costly for some newly listed cryptocurrencies.
HitBTC Trading View
As many other users I got all my balance taken because of Terms of Service (paragraph 17.4). Well this TOS was updated in 2022 and never got any notice. Hope some goverment will stop this company because is a big shame. Please hitbtc dont even there to reply to this review. Thank you for finding the time to leave your review about our platform.Please note it’s the user’s sole responsibility to ensure that their national laws allow you to use HitBTC. HitBTC provides its services on the Terms of Use, and every trader must read and accept them before starting to use our platform.
They never release anything and just sell off your funds and tell it for themselves.TOTAL SCAM OPERATION AND WILL BE SHUT DOWN. Other than this, users can deposit and withdraw to HitBTC using most of the supported cryptocurrencies. Deposits are processed after at least once confirmation hitbtc reviews is received, whereas withdrawals are theoretically processed instantly. Deposits and withdrawals may be delayed if the HitBTC security system is triggered. This is not meant to happen often, but some users have reported encountering issues with withdrawing on-demand.
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.
