Let us learn how to deposit cryptocurrency into this exchange Let us learn how to sell cryptocurrency on the Hitbtc exchange Hitbtc offers more than 500+ cryptocurrencies and 800+ trading pairs. Between 74-89% of retail investor accounts lose money when trading CFDs.
How to Deposit Funds into Your HitBTC Account?
I do not advise anyone to work with this exchange! It's been like this for 4 years, funds frozen after deposit without details. Standard messages are sent by support, which violate their own guidelines.
Supported Currencies
The company is silent on this issue and it seems suspicious to the majority of the users. There is a limit to buying, selling, and withdrawing if you are not having a verified account. There are several users claiming that their HitBTC was hacked but the company remains silent on this issue. The more HIT tokens you hold or use in pair trading, the more discounted the trading price.
HitBTC has over 800 trading pairs available, including Bitcoin, Ripple, Ethereum, Stellar, etc. The trading interface is entirely customizable so that you can organize the windows in an order suitable to you. Select a currency from the chart’s list, and the page will instantly refresh and display information about the chosen trading pair. HitBTC provides a wide range of trading pairs for leveraged trading ranging from 3x to 12x.
There are significant risks involved in trading CFDs, stocks, and cryptocurrencies. In this case, it’s better to trust your instincts and remember the golden rule – never trade money you can’t afford to lose. HitBTC is a well-known and secure cryptocurrency exchange with the most diverse cryptocurrency market selections and excellent exchange rates.
- 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.
- That being said, you can credit yourself with a test fund and apply different strategies when trading.
- While such a verification process is quite regular to all crypto exchange platforms that take security seriously, it might take a while to provide all the needed information.
- I had a terrible experience with this investment platform, and I feel it’s important to warn others about their unethical practices.
HitBTC is popular for its API, which is extremely stable and will satisfy the needs of algorithmic traders. HitBTC provides two step verification for all users through the commonly used Google Authenticator. They only charge 0.1% on every market trade and LP orders have a 0.01% rebate. Each of these levels has their own advantage, but of course, the higher the level, the higher the trading volume. There are levels of accounts that you would be able to get with HitBTC – General, Verified, and Qualified. If you want to fund your account using FIAT, then you need to verify your account and get it out of the “general admission”.
- So if you want to share your experience, opinion or give advice – the scene is yours!
- It’s an old-time Bitcoin exchange that supports a wide variety of digital assets, including major cryptocurrencies, low cap altcoins, and trading pairs.
- If users achieve a tier 10, i.e., if they trade 50,000 Bitcoin or more each month, HitBTC will offer them a -0.01% refund on each completed trade.
With a demo account, users can trade without fear of losing tangible assets. The demo account for new users is definitely a good feature to try out the platform without any fear of losing an asset. Hitbtc is one of the oldest and fastest-growing cryptocurrency exchanges in the world. Choosing https://forex-review.net/hitbtc-review/ a suitable cryptocurrency exchange is harder now as so many exchanges exist.
Why is crypto not letting me withdraw?
Holding period. If you've recently purchased crypto via card, ACH your crypto may be subject to a holding period. During a holding period, you cannot withdraw from your cash (GBP, EUR, or USD) account, send funds to your Wallet, or send to an external wallet.
Secure
For the past couple weeks, hitbtc has done everything in their power to keep my money from me. I was able to get most of my money back by investing in experts, trade+crypts, c0m, online who assisted me. This experience was extremely frustrating, leaving me feeling deceived and exploited. Thank you, Hit-btc.exchange, for restoring access and letting me access my crypto. I encountered withdrawal blocks after completing account verification.
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One of the unique advantages of HitBTC is that it provides support for the FIX protocol. Thanks to their API’s, HitBTC is known for being able to be friendly enough to people who are into creating trade bots. HitBTC is a leading European Bitcoin exchange and they claim to be the world’s most advanced Bitcoin exchange. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
HitBTC.com Security
According to its terms of service, US residents aren’t permitted to use the HitBTC cryptocurrency exchange. However, the negative reviews about HitBTC mostly mention its poor customer support and slow withdrawals. You can sign up and use the demo platform by selecting the demo option at the bottom of the screen or by entering demo.hitbtc.com directly into your browser. If a trader liquidates a trading position to attain the liquidation price, HitBTC levies a liquidation fee of 0.5% of the position value in the quoted currency.
How to Register a HitBTC Account
I was able to successfully transfer out my funds, and the process, though stressful at first, ended with a positive outcome. I submitted my KYC including ID, proof of address, selfie, and even details of prior transactions and within a few days my withdrawal was enabled. My money was refunded by the expert team on my profile photo The company's inability to safeguard its clients' money was frustrating, and their customer service was of no help when I tried to resolve the situation. Withdrawal requests were constantly delayed, customer support was unresponsive, and the promised returns never materialized.
HitBTC Trading View
Does HitBTC require KYC verification?
In general, you do not need to pass a verification procedure to start trading via the HitBTC app – your deposits will not be limited in any way. However, if you want to benefit from all the features available on the crypto exchange and enjoy lower trading fees, it is in your best interest to complete the KYC process.
Some of the most popular features of the exchange include support for the FIX protocol and the ability to open a demo trading account, which allows you to feel the rush in trading without damaging your wallet. 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. HitBTC is a popular cryptocurrency exchange with some unique features that set it apart from any other trade/exchange websites out there today that handle FIAT and crypto currency trading. Another unique feature of HitBTC is that it allows demo trading, which is extremely rare in the world of cryptocurrency exchanges. In this in-depth HitBTC review, we will dig into the exchange fees, services, customer support, trading, and much more.
While some platforms support up to 10 cryptocurrencies, others can support hundreds and even more. When deciding which crypto exchange platform to use, there are multiple aspects to take into account. Without further ado, let’s jump to HitBTC review and find out more about this cryptocurrency exchange. Today, I’ll introduce to you HitBTC, one of the better-known crypto exchange platforms where you can buy and sell Bitcoin, Ethereum, Litecoin, EOS and multiple other cryptocurrencies. While having more options is a good thing, you might also encounter some issues when choosing a cryptocurrency trading platform for your needs. RESTful API allows users to access market data, manage funds, and perform trading operations.
However, their interface is something that beginners would not like because there is too much information for a new person who just came into Bitcoin trading. The website interface is filled with all the information a seasoned trader would need. HitBTC supports FIX via two types of interfaces, including FIX Market data and FIX Trading. On the other hand, Streaming API allows you to access market data and trading operations and socket.io is a protocol that allows you to receive market data. It provides an easy back office integration, and it is compatible with HFT set-ups, and algorithmic trading systems.
HitBTC Reviews: Final Thoughts
On the other hand, HitBTC offers a full-fledged demo trading that can introduce users to the world of Bitcoin and cryptocurrencies. Most exchanges, when asked about demo trading, simply tell you to make minimum trades of $1 and treat that as your demo. This Bitcoin exchange provides cryptocurrency trading services to institutionals, merchants and individual traders worldwide.
However, first, you will need to deposit funds into your account. Being aware of all the pros and cons you’ve probably already decided if this crypto exchange is suitable for you. Now, since HitBTC has multiple security measures, it might take a while for you to create your account and verify identity. That being said, it’s recommended to wait for the app to be completely developed in order to have a full experience. Now, while HitBTC mobile app is available, it’s still in a development stage, meaning that the app is not stable and you might experience certain issues when using it.
