In the “Amount” box, enter the amount of cryptocurrency you want. After that, click on the green “Buy Limit” button to complete the trade. However, the negative reviews about HitBTC mostly mention its poor customer support and slow withdrawals. You must create a different account for the demo platform. 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.
How to Register a HitBTC Account
Welcome to our comprehensive overview of HitBTC, a well-established cryptocurrency exchange platform with a strong presence in the crypto trading landscape. Let’s dive into the various facets of HitBTC, exploring everything from its inception to its trading experience and customer support. HitBTC is a cryptocurrency exchange platform that offers high liquidity and supports hundreds of cryptocurrencies.
- Another high profile cryptocurrency user who has taken issue with HitBTC is John McAfee.
- HitBtc was a very good site earlier when I opened account and they have provided various unique coin to trade.
- In the fall of 2016, a service was added that allows you to trade USD and EUR.
- You can do this either in the same window on the main page of the site, or through the “Register” button (in the upper right corner).
- Apart from fees, the exchange is not mediating the deal.
HitBTC Review: PROS
You can find information about fees for inactive accounts in our Terms of use (clause 18.4).Please note that HitBTC is not the only platform to implement the inactivity fee policy. HitBTC supports deposit in all of the major cryptocurrencies (BTC, ETH, USDT and many more). It does however not offer deposit via fiat currencies (wire transfer or debit/credit card).
HitBTC Customer Support
This suggests that many users around the world trust HitBTC. In accordance with all the reviews and information checked, we can say that HitBTC is legit and definitely not a scam platform. Nevertheless, the Kraken exchange in any review appears as an exchange that is difficult for beginners, unlike HitBTC. It has many features for crypto exchange, which is great if trading is your daily work. Trying to figure out how to use Kraken may take more effort than it’s worth since easier-to-use platforms are available. HitBTC exchange is considered more intuitive for both an experienced trader and a beginner.
HitBTC Trading and Withdrawal Fee Schedule
- The service appeared in 2012 and in the first two years managed to attract more than a million users.
- If you’re into daily trading this is especially important to you.
- It contains information about new trading pairs on the exchange, the choice of a trading pair, the rate chart of the selected trading pair, the open orders of other users, etc.
- So, beginning with 2019 the residents of any of the states of the United States of America are not allowed to trade on HitBTC.
- In our HitBTC review, we examine all the details you need to know about this exchange.
- I have complied with their repeated requests to recover my 2FA.
The platform’s API is robust, appealing to professional traders and those employing trading bots for automated strategies. HitBTC supports two-factor authentication for user’s accounts to add an extra layer of security. The security section in the “Setting” menu also allows users to check all the logins HitBTC Review of their accounts. They should look for the IP address or location they don’t recognize. Just in case there’s an IP address that the user doesn’t recognize, they terminate all the sessions with one click. They also have options that let them automatically log out of all the sessions at a regular period.
How to Make Your Account “Professional”?
The main thing is that I eventually managed to withdraw my coins. Signing up is pretty straightforward, besides I verified my identity and saved myself all the potential hassle. It is commendable that the service is designed simply and clearly, it is very convenient to track everything through your personal account. There have been a growing number of complaints by users of accounts being frozen and withdrawals being prevented. HitBTC has been part of the cryptocurrency community almost since the beginning, giving it plenty of time to iron out any issues with the exchange.
LENDING PLATFORMS
HitBtc was a very good site earlier when I opened account and they have provided various unique coin to trade. Due to change in my work nature I could not trade for few years. Hitbtc has changed rules and start deducing my hard earned money automatically without my knowledge. They have disabled my account so that I could not even check it. I regret being on platform now as I have lost around $1000 just to feed Hitbtc from my own hard earned money.