May 30, · HitBTC is a relatively new exchange that claims to be the most advanced in the crypto space. For the most part public sentiment favors HitBTC for their simple user interface and high volume trading. However, like any exchange, HitBTC has its positives and negatives that have been expressed by numerous traders/ Dec 03, · Referral program pays 10% of all fees generated by your referrals. HitBTC – virtual currency exchange. Get 20%% of all fees. FXopen – a trading platform that will pay commissions for your affiliates and sub-affiliates several levels deep. Cryptotrader – trading bot software. 10% referral commission. 1Broker – bitcoin forex trading. Сurrent Bitcoin / Tether exchange rate, Real-time market data: buy & sell rate, charts, order book.
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Making deposits on HitBTC is quite simple, the site integrates Changelly , which allows you to purchase Bitcoin directly with your credit card. HitBTC also allows you to deposit or withdraw on any of the available coins by clicking the icons displayed in the deposit and withdraw columns.
To withdraw funds, simply click on the icon in the withdraw row of any Coin you wish to withdraw. Certain digital assets require more information be inputted when depositing or withdrawing.
The graph on the left hand side displays the price changes over a period of days, weeks and months. Here you can choose which type of order you want to make. Settings for market, limit, scaled and stop orders are all included:. A stop-limit order lets you make a limit order for a specific price. When it reaches this stop price, your stop-limit order turns into a limit order. For those cryptocurrency traders who used to trade Forex and stocks, they may have come across the MetaTrader4 software suite.
This is some of the most advanced trading technology in the retail trader space. It is being used by over , clients in 18 countries. You would have to sign up and create a new account with Weltrade in order to start trading with the MT4 software. The benefit of the MT4 platform over the web based one is that you can trade on leverage.
In this case, you can trade on leverage from up to with larger volumes. You can also open short positions which is not something you can do on the normal HitBTC platform when buying the physical coins. For those who have used the MT4 software will know just how advanced it is. There is a plethora of charting functionality, analysis tools as technical indicators. The MT4 platform is no doubt one for professional traders who do a great deal of technical analysis.
You can also use the MetaQuotes coding language to develop your own trading bots. In fact, you could probably code more effective bots with the MetaQuotes software as you have access to all of the indicators and market inputs right out of the box.
These are derivative instruments which means that you are not buying the underlying asset but merely trading on the price difference. CFDs work in a similar fashion to futures contracts that you have on platforms such as Bitmex and the like. They are also margin instruments which means you must tread with caution as you can very quickly get liquidated and margin called. OTC trading allows users to perform high-volume trades without going through the public order books.
It means that you make your deal directly with the counterparty without affecting the market price of the coin or token. Something that many exchanges offer is an affiliate program where you can refer other traders and earn a commission off of their trading. Once you choose to sign up to the affiliate program you will receive a custom link that will be used to track your referrals.
They also have an advanced tracking and link creation system where you can create different links and monitor their relative performance in your affiliate dashboard. There is a minimum requirement for a withdrawal of your affiliate commissions and that is 0. For example, the API has low latency which means that your trading orders are executed much faster than other exchange APIs. There is also a pretty high limit for API requests.
As mentioned, as an exchange, HitBTC will get benefits if their traders are able to provide some liquidity to their order books in the form of a market maker. If you are one of these traders that would like to participate in the market making on the HitBTC platform then there are a number of Market Making contracts that you can enter into with them.
These contracts have cash incentives as well as rebate bonuses. For those traders of you that would like to use their advanced API, then the market making functionality could be an attractive addition. Below is a table of the market maker contracts that are available at HitBTC. HitBTC will also provide daily reports on to the market maker in order to help them build the most efficient trading strategy.
If you would like more information on how the Market Making contracts work you can consult the HitBTC market making page.
Below are a collection of all of the Metrics that are important for the HitBTC system health which is in alpha mode. This gives HitBTC a competitive edge over exchanges that keep their users in the dark about real time performance issues. While it seems that HitBTC has all the features that make it look impressive from the outside, there were a number of things that we were less than impressed with.
Firstly, we have to take issue take issue with their customer support. You do not have to go far to find numerous complaints online about their slow response to customers. This is probably compounded by other accusations that they traders have been unable to withdraw coins or having funds missing when making transfers.
This slow customer support is also not ideal when it comes to verifying your KYC documents. Given that they request so many documents, not only do you have to spend the time properly scanning everything but you may have to wait a number of days before the HitBTC team can properly verify them.
There have also been reported inconsistencies between the fees that some users are paying for transfers. Some users claim they have been charged high fees whereas others have had no issues. Lastly, you can only buy and sell coins that are divisible by , 1, or 10, This is not ideal especially for those smaller traders who want to trade the more expensive coins.
Step 1. Generate unique links. Via these links HitBTC will recognise users as referral ones. Thus we could track your earnings thereafter. Step 2. For the sake of convenience rename links in accordance to your marketing channels to track their efficiency afterwards.
Step 3. Copy link, share it directly to the Social media or send via email. Step 4. Withdraw your earnings as they reach 0. Please note that we manually approve every withdrawal which exceeds 0. You cannot withdraw more than 0. We will be pleased if you share your Affiliate program success stories with us.