Сurrent Telcoin / Ethereum exchange rate, Real-time market data: buy & sell rate, charts, order book. Jan 01, · HitBTC is the world’s most advanced cryptocurrency exchange. Created by outstanding technical minds, high-level finance professionals and experienced traders, HitBTC is delivering the most reliable, fast and powerful platform solution on the market. The platform has earned its reputation for fault-tolerance, flawless uptime and high availability. HitBTC's System Monitor provides key metrics for the system performance and availability, including the live statistics of incoming/outgoing transactions. The metrics Deposits: Check on the number of users' deposits in the queue and the pay-in status before you make one.
Hitbtc tel btcHitBTC Review () - Is It Trustworthy?
HitBTC runs a global operation. However, its terms and conditions specify that citizens and residents, as well as companies from the following countries, cannot use its services:. HitBTC has several different verification tiers.
Unverified accounts start as Starter, and verified ones receive upgraded account status. In order to get verified, you will have to submit the following documents:.
Although HitBTC verification is not forced, upgraded accounts enjoy numerous benefits like the ability to regain access to the account in case of losing password or two-factor authenticator and lower trading fees.
The service is accessible via bequant. Trading cryptocurrencies on HitBTC comes with a simple fee structure. It does not charge fees for cryptocurrency deposits, but incur a cost for placing orders and withdrawing funds from the platform. HitBTC trading fees are among the lowest in the industry. Unverified users pay 0. Here is how the lowest tier HitBTC fees fare with other popular cryptocurrency trading exchanges. As you can see, there is a significant difference in HitBTC trading fees for verified and unverified accounts.
When it comes to cryptocurrency deposits and withdrawals, there are no fees for making deposits with HitBTC. However, there are flat fees for withdrawals, and these can be particularly high for some of the newer cryptocurrencies listed on the site. As an example, the following is a list of the one-off fees charged for withdrawing some of the more popular currencies:.
In this regard, HitBTC withdrawal fees are some of the highest amongst all cryptocurrency exchanges. To sum it up: HitBTC offers some of the lowest cryptocurrency trading fees amongst all crypto-to-crypto exchanges.
At the same time, its cryptocurrency withdrawal fees can be unreasonably high for certain coins, making HitBTC fees a sort of mixed bag. While such fee structure works for large-volume traders, it may be irritating for small traders dealing with small amounts of crypto. HitBTC does security well. For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety.
And just in case someone else happens to be logged into their account, they can click a button that terminates all sessions except theirs. At the same time, they can also choose to automatically log out of all sessions at a selected, regular interval. In addition to these options, HitBTC users can protect their account with the following security measures:.
Until you do so, some features of the exchange will be locked, which is good for your security. Yet despite its appeal as a secure technology, HitBTC remains an unregulated exchange at the forefront of the crypto wild west, which raises questions and adds risks to its reliability.
Many users online seem to complain about forced know your customer KYC checks when withdrawing funds, so a good practice would be verifying your account before starting to trade on HitBTC.
Also, the exchange employs a sophisticated legal team and complies with GDPR regulations, thus giving you full control over your data and privacy. However, it scores only 9. Overall, HitBTC is a secure exchange in terms of technology it uses to protect your funds.
However, the exchange lacks transparency when it comes to its team and location, which is a major red flag for some. On the contrary, it has a proven track record, operating in the industry for more than six years already. For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is, at first, a dizzying experience. Much of this initial complexity comes from how HitBTC is focused more on the experienced trader than on people new to cryptocurrency. As such, more experienced retail traders and professionals should not have issues with the exchange's interface.
The entire trading interface is completely customizable so that you can organize these windows in the most convenient order.
When it comes to trading, the exchange supports the following standard order types:. That said, the actual mechanics of how the site works and how a user trades are surprisingly straightforward.
Users complete trades by depositing a chosen cryptocurrency into the HitBTC wallet, moves funds between main and trading accounts, and uses the deposited cryptocurrency to buy other currencies until he or she wants to withdraw their funds to an external wallet.
As such, trading on HitBTC may not be too difficult even for complete beginners. Verified users can create sub-accounts that will help you to create different profiles for different trading strategies. Moreover, HitBTC organizes various trading contests, so you can measure your skills against other traders and climb up the ranks in its leaderboard.
Hopefully, the full version of the app becomes released soon. For the beginners, HitBTC exchange offers an opportunity to try and trade cryptocurrencies on its demo platform first. You can register and access the demo platform by clicking the demo option at the bottom of the screen or by simply typing demo.
You will need to create a separate account for the demo platform. A demo account gives you approximately USDT worth of cryptocurrency, so you can start experimenting with hypothetical portfolios and strategies, or simply get used to the cryptocurrency trading and HitBTC platform. As a popular cryptocurrency exchange, HitBTC has a support center for all sorts of user-related issues. The support center includes:. The exchange team typically responds within 24 hours, but, in my experience, the resolution of some issues may take several weeks.
Over the counter traders take place as a result of a partnership with TrustedVolumes. Each trade will incur a 0. When it comes to cryptocurrency deposits and withdrawals, they are as straightforward as it gets.
The withdrawals typically take several minutes and mostly depend on the network speed of the cryptocurrency being withdrawn. This is ideal if you know the price at which you are willing to trade. When you create this order, the funds are reserved in your account and you can view them; they also appear in the order book.
Stop orders execute trades at specific prices. This is slightly different from limit orders because once the market gets to the stop price, the stop order actually turns into a market order. Finally, stop-limit orders let you make a limit order for a specific price.
When it reaches this stop price, your stop-limit order turns into a limit order. With this type of order, you specify the stop price and a limit price. Reaching the stop price is what triggers the limit order, using your selected limit price.
OTC trading, or over-the-counter trading, lets users make high-volume trades without using the public order books. In other words, investors make a deal with their counterparty directly, and the market price of the token or coin does not become affected.
This is only applicable for trades with a volume of over , USDT or its equivalent , and there is a commission of 0. Like any cryptocurrency exchange, HitBTC must charge fees of some sort to make a profit and keep running. HitBTC users the maker-taker model to maximize liquidity while narrowing the spread on their markets. If you place an order at that sell price, 10, USDT, you are a taker.
Your order is completed immediately. If, however, you choose a 9, USDT limit buy order, you would be the maker. Takers get charged a 0. Makers have no fee at all, a rare offering among cryptocurrency exchanges that provides HitBTC with an advantage over the competition. In fact, makers actually get a rebate from their trade of 0. This rebate is designed as a reward for providing liquidity. These are monthly contracts that come with rebate bonuses and cash incentives.
Market makers get daily performance reports with high levels of detail. Each contract only works with a single trading pair, and there are several categories of contract.
However, market makers can only take one contract from each category. The contract specifies your volume range on the sell and buy side, as well as your maximum spread. When you fulfill the contract at the end of the month, you receive a rebate bonus between 0.
Since you can have one of each type of contract, it is possible to get up to 0. The API also has low latency data, as well as execution feeds. Affiliates get custom links they can use to invite friends to join HitBTC and start trading.
Once your friend starts trading, you can get as much as 75 percent of their trading fees as a reward. In this way, you get more profits if you bring in more users and they have a larger trading volume. HitBTC even has various tools for affiliates to let them track which link brings in the most affiliates. You can create multiple links; name each one based on where you use it; then track signups, earnings, and turnover.
You can withdraw your rewards once you reach 0. HitBTC did experience a hack back in shortly after it launched. As an experienced exchange, HitBTC takes security seriously. It has multiple strategies in place to keep your information and account safe. HitBTC strongly encourages users to take advantage of the two-factor authentication.
It also uses cold storage for most of its funds and relies on advanced encryption technology to hide your information from hackers. HitBTC also makes several recommendations for users to further protect their account. It suggests creating a strong password that you change every several weeks. For added security, the exchange sends you an email notification whenever your account is accessed from a new IP address.
There is also the option to terminate all sessions, which will automatically log out all your active sessions, except for the one you use to perform this action. You can choose how often you are logged out automatically, with options of 30 minutes, 1 hour, 8 hours, 1 day, 7 days, or never.
This includes such actions as withdrawing money, enabling or disabling two-factor verification, changing your password, and signing in. 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. It also has a lot of useful features, such as numerous trading options and tips, plus a user-friendly interface. Some things to bare in mind are the fact that some users report slow withdrawal times and the verification process can be slow and cumbersome requiring scanning and sending of personal documents.
There are also some bad reviews online left by HitBTC customers which mention problems with customer support with extremely long waiting times to problems such as withdrawals etc. Overall, HitBTC is possibly worth consideration if you are looking for a well-established exchange with high volume and liquidity or need access to an API. Customer support certainly seems to be the area where the exchange is lacking.
There have been a growing number of complaints by users of accounts being frozen and withdrawals being prevented. As you can see, there have been a large amount of negative comments left on this post which have been countered by a number of users, these all use email accounts at vfemail.
Contact Oliver blockonomi. Negative reviews about hitbtc are true for the time of verification they froze my LTC I suffered losses.
I like this article! I have more than a year of trading experience in Hitbtc. Therefore, I can confirm almost all the good things that are written about this exchange. Some things were missed, but in general everything is true! Guys, I used the other two exchanges before, but only this exchange is more or less normal! Although there are problems here, but this is better than what I have encountered on other exchanges. Perhaps you can find the best option, but Hitbtc is a good one!
Checked by own experience! I need help with my account. I have done everything required to start trading but my exchange tab is blank so I can not even access the information to buy. This has been on going for days now since my set up. Hitbtc is one of those. Like the way it operates. And interface is very easy. Everyone can manage dealing with it. I like this hitbtc site for trading different crypto-currencies.
I often use it. But why so many? I got tired searching for what I need. But devs think that even altcoins are not enough for the exchange. HitBTC seems to be a good alternative for some ordinary traders. Bow, it is good for trading. I can tell you. If you want to become an experienced trader, you should read more on that subject. There are a lot of forums now. Also some YouTube channels are good. My business with Hitbtc lasts for 5 months. Choose HitBTC to start your business.
It seems that only there you can find so many different cryptocurrencies, tokens and coins. They also regularly add new trading pairs. The exchange has a very convenient toolkit.
Highly recommended for both beginners and skilled traders. Have been using this platform for about a week or so. Yet, was not able to find out what some of HitBTC functions were created for. Maybe trading and me are not made for each other. Hitbtc is one of not so many reliable exchanges. But be careful while trading on other platforms!
Always choose big and reliable exchanges like Hitbtc. The good point is that they have fiat currencies there. This is very convenient because there is no need to use an additional exchange.
Recently I started investing in cryptocurrency, a bit later decided to try trading. It all stands almost on the same line. Having said that Hitbtc is a truly advance trading platform which combine advance feature with the ease of use which turn crypto trading into amazing experience, however, what is the point of trading when your funds get blocked for several months if not forever.
Hazem, I can not agree with you. They do have this verification process but it is not as long and complicated as you describe it. Just provide the normal proofs. Is that true? Lets find out ourselves, perhaps looking at a source of a proven credibility, what about reddit? The best place to store your funds is an external wallet controlled by you and not an exchange which may disappear in a day and night, some of you who has been long enough in the crypro space are aware of how many exchanges shut down all of a sudden and claimed that they got hacked!
And try to divide those fantasies from reality. Or it might be a fake one platform…. It seems that nowadays copycats can copy almost everything. I myself use HitBTC as an extra exchange and visit it times a week and try to avoid all this fuss in the mass-media.
Profit which I can gain stands above the flood in Reddit and Twitter. And especially the stuff McAfee is feeding all the Internet. It would fight back just like this McAffee-case the Internet is going crazy about. Nth but an old man attracting and interacting the cryptocommunity. This exchange HitBTC is a complete fraud and scam. I lost my phone and my 2fa authenticator.
I gave them all information that only I could have, recent transaction hashes my photo ID and they have kept my hard earned money. If you look at many reviews this is happening over and over with them. The good reviews seem to be fakes generated by HitBTC. There will be disadvantages everywhere. I learned about Hitbtc only 2 months ago. The exchange is great. You can argue with me, but my opinion is that this is the best exchange at the moment.
They have locked me and hundreds out of their accounts stolen our identity and kept the money for themselves. The big plus of Hitbtc is that the fees are lower than on many other exchanges. I make trades per day, imagine how much I would pay if the fees were 2 or 3 times higher? Yes, there are disadvantages here too, but I use it because of these low fees.
They will lock you out of your account keep your Money and bribe you to give them your photo ID, that they sell on the web, and they also want utility bills and other bills to prove who you are. Jones, I totally agree with you, Hitbtc reputation has been badly affected after they started the awful practice of blocking and holding traders funds, they are indeed imposing fake positive reviews to stop loosing customers, perhaps they are insolvent.
It has been about weeks and no reply to my requests. I have given them all the necessary information. Read all the negative reviews that they try to hide with false positive reviews. Many traders maybe even thousands have been locked out of their accounts. Yesterday I saw the different numbers with my own eyes. They might keep falling as well.
No way. HitBTC still enters the Top Important information to all including those imposing fake positive reviews for Hitbtc favor although they are known to be the worst on this planet! The company operating HITBTC named as Hit Solutions Ltd has already filed for dissolution and has been officially dissolved on 02 January , check the below from an official British governmental portal….. I can easily operate all my funds. For example, yesterday I successfully withdrew my NXT. Hazem Sammam, thank you for your answer.
Moreover, I agree with some of the reviews posted here. Will you call me a hitbtc agent for that in your response? The HitBTC lovers are not blind and do see that the exchange is losing its volume. Sorry to share with you a fact that without looking at ranking if the reality is painful to some people, as of today Binance, Huobi and OKEX which used to be comparable to Hitbtc are trading four five times the poor volume of Hitbtc and this is clearly showing on coinmarketcap; are you going to deny this fact as well?
Hitbtc needs to work harder into restoring their image which got completely compromised by their own hands…. It is clear that Hitbtc are active socially and they use the media to impose fake positive reviews and claim that they have superior support while everyone knows that they are the worst on this planet.
Hello, dear! Well, I hear your arguments and see that I was a bit wrong. Trading volume and rank are different things. So you say it righ: restoring image is a hard way to go. There suppose to be a good strategy. Yet, I know little about it. Trading is just my hobby, not my life. By the way, do you have an account there? It seems to me, the answer would be no. I do not ask you to make a deposit or provide your IDs there… Just read the news and up-to-date informations that devs share with traders.
You might change your too-much-aggressive-mood to some other. We share the same thoughts, obviously we see the same future, it is great to experience growth and nothing is better than taking the benefits, for you and your little ones;. We are climbing another mountain which has a higher top, people would love to enjoy the journey…. I hope this will encourage our old friends to look around and adapt to the changes and cope with the increasing demand without causing inconvenience, I hope this is being taken positively for their own benefits and the traders at the first place.
The more negative comments I read, the more I start to consider these comments as shill actions. None of my friends had problems with the platform.
Also, like I said, their mobile apps are an absolute delight to use. Even during the crypto mad rush in December when most exchanges closed their doors, HITBTC was the last exchange that stopped taking new registrations. It is a Estonian-based cryptocurrency exchange that provides you the option to trade more than XXX cryptocurrencies at a time. They are well-regulated and compliant with all of the current EU rules, so crypto users need not worry about the safety of their funds.
Always remember to follow their Twitter in order to keep in touch with the latest news. They post there more often and reply for some complaints too. Got mine resolved. I think hitbtc is the best cryptocurrency exchange of all available. Personally I had no problems with it.
I registered a long time ago, in August All transactions come almost instantly and are paid too. The interface pleases the eye, and understand the functionality of a few minutes.
To the support team, fortunately, did not have to address, so how they work there, I do not know. I know the exchange is a large influx of new users, and one way or another exchange need to be careful not to launder money scammers and terrorists. Do your own due diligence, check what is being posted on the official Hitbtc twitter and Reddit accounts.
Everybody knows that its a scam, they are dying anyway; Agree, the only ones posting positive reviews are their own people. Andy why do you call it scam????? The transaction was a long time, I wrote them on Facebook, I immediately replied that they have problems and that everything will work in an hour. Respect support for a quick response. Andy they do have problems from time to time… I know that… But it is not fair to call it scam.
I trade on hitbtc from time to time as i said. Its service is not so bad. I also can not understand why do some of you call it a scam. I decided to try this platform as you can register on hitbtc just in 2 clicks. Furthermore, I found a very simple and convenient menu.
But what is more important is that the hitbtc Exchange ensures the security of cryptocurrency trading through the modern encryption methods, such as 2step authentication, automatic account logout and available cold storage. The first withdrawals arrived rapidly, so I was thinking to keep on using this platform. This cryptocurrency trading exchange has its strength in its low fees for operation, stable uptime, high liquidity, fiat transaction among others….
You ask why does it take much time for the HitBTC support to reply? Well, I think it depends on the question, mine was resolved just in a few days. Hopefully, will get my money soon. Hitbtc have launched margin trading lately and unfortunately their trading volumes dropped dramatically down to almost one fourth compared to similar exchanges at the same size such as Binance, Huobi and OKEX. Possibly obligations toward third parties, or perhaps suffered major losses which caused insolvency, there is no other reason which explain withholding withdrawals and locking traders funds, regardless what excuse is being given by Hitbtc.
This site will provide a form to fill out and it will generate date and time stamp along with a reference number and an email receipt; it is important to write briefly, indicate your ticket number and value of funds which has been blocked, make sure to mention Company Name: Hit Solution Limited, CR No. Hundreds of traders has filled the form so far; situation will become very serious and most likely Hitbtc will be forced to release your funds and perhaps pay you compensation…..
They might mess up payments here and there, sometimes are slow in responding and even more so in resolving issues — but you do get your money in the end. The support team suggested me to be patient I got my money in 3 days. This is another fake comment using a vfemail. Everybody in the comments lying like shit. Bamma ass exchange i swear. Btw even their rebate system is dysfunctional. You will not be able to withdraw nor trade. Following links are top Google results where you can give feedback about HitBtc:.
Signed up and left straight away, nothing attractive alts markets looks like grave yard with absolute zero volume. My account have been locked too, I filed a complain to the authorities in the UK and Hong Kong, there is a huge number similar complains along with legal cases raised against those scammers, and their situation is getting worse everyday.
Filling the report is quite simple and will take you few minutes, a reference will be generated and the investigation team will reach you out in few days as confirmed by many traders who filed complains. Thanks for the info, I reported them and received email from HK police, seems to be serious, lets see how it goes.
Sending them passport copy and credit card statement is not a joke, if Shitbtc imposed you to do so call your bank and block your card immediately. If you fall in Hitbtc trap and you had to send your personal details along with credit card and bank statements, you could contact one of the three credit bureaus Equifax, TransUnion and Experian and put a 90 day fraud alert on your credit profile, which will require additional verification for new accounts or account changes to be made in your name.
But to protect against check fraud, you simply have to monitor your statements closely or otherwise change your account number. No one on earth trust this Scam Russian exchange, it would be your mistake to send them copy of your passport for your full personal details, utility bill for your detailed address, social media accounts to hack your email, bank statement to enable them issue fraud checks under your name, use Hitbtc and you are done my dear!
Filling the report is quite simple and will take you few minutes, a reference will be generated and the investigation team will reach you out as confirmed by many traders, this has proven to be fruitful and effective. It is important to file a complaint to reserve your right to claim refund and compensation before the police shut them down, always keep screen shot showing your blocked balance.