Use your chosen authenticator app to take a picture of the QR code on your screen. Next, you’ll need to confirm the provided code to bind your account to the app. To begin trading on HitBTC you’ll need to create an account. In the top right corner, you can select Register to be taken to the main account creation page. The second is to enter your email and a secure password in the registration fields on the home page, then press Start Trading Now.
Firstly, the hitbtc exchange review is not in any way regulated, which is a major concern considering they’ve been around since 2013. Furthermore, there is a huge number of negative reviews about HitBTC, many of which centre on hacked accounts. 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. If it is, which once again cannot be proved, then it is very alarming if HitBTC decided not to make the hacks public knowledge. For us, there are just too many negative reviews about the platform, and thus, we cannot endorse HitBTC as a safe exchange to deposit money with. These fees are extremely competitive, meaning that the platform is potentially suitable for high-frequency traders.
I earnestly ask the management of HitBTC exchange to treat with understanding my very grave situation with the health of my family member and resolve my issue. Thanks for sharing your experience with me it was really helpful , i have been able to withdraw my money as well. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism. Scaled – Scaled order – a set of several buy or sell orders, which is automatically distributed between the user-defined price range . You can find a graph of market depth below the trading page.
Ultimately, we feel much more comfortable depositing funds with a cryptocurrency exchange that is heavily regulated. The likes of Coinbase hold licenses with both the FCA and CySEC . Once your deposited funds show up in your HitBTC account, you can then make your first trade. At the top left hand side of page, click on the ‘Exchange’ button. This can look quite intimidating if you’ve never traded before.
HitBTC Review: Comprehensive Beginner’s Guide
HitBTC supports reliable and the best crypto trading bots like HaasOnline and TradeSanta. As per our HitBTC review, traders can buy and sell several cryptocurrencies using more than 800 cryptocurrency pairs. This exchange offers a wide choice of cryptocurrencies that can be used for trading, and it is one of the leading exchanges to enlist several emerging projects. HitBTC offers robust security measurements and will protect your assets even if your personal details, such as account information and email address, are compromised. What is more, it supports more than 380 cryptocurrencies, over 800 crypto pairs, and has low trading fees. Do not forget that cryptocurrency exchanges have a tendency to close the registration of new users but also often close the wallets of different coins for servicing.
The project became popular as it promised to critically decrease the Ethereum blockchain congestion by deploying the sidechain transactions, making the Ethereum operations quick and cheap. It increased the precision of the data displayed on HitBTC and opened better opportunities using API. More than that, the TradingView users now can manage their trades via HitBTC.
Conclusion – Is HitBTC Legit?
All https://forex-reviews.org/ed measures provide strong security and all of them are quite efficient, especially in complex. As we already know another level of security is provided by the KYC-procedure that can’t be completed by the stranger. HitBTC might request its users to provide the information that helps to contact, locate and identify them. As the price reaches the stop price, the order turns into a limit order (so for stop-limit order you should specify both stop and limit prices).
Avoid Hitbtc, there are dozens of other decent exchanges, make your own research and don’t let positive reviews fool you out, they could be fake. For many currencies, HitBTC added a rule for many coins to be traded in the divisible of 10 or 100. This create a major issue and leave a lot of dust in our HitBTC account. In this HitBTC review, this HitBTC how to trade guide details the step by step process on completing a trade. To this day, HitBTC has never been hacked, although there have been several accusations with no evidence.
There are also reports that the platform came to be thanks to a $3 million venture capital investment from angel investors. The interface might be good for expert traders, but it is not meant for newbies or first-timers. They will find it extremely confusing and might even experience a loss if not used properly.
Does HitBTC have an app?
On review of the HitBTC layout, the charts are easy to use but lack basic features for technical analysis. There is an option to switch to Tradingview charting which is renowned for advanced technical indicators and drawing tools. Selecting a cryptocurrency platform depends on the trading interface for many investors and traders.
If they are depositing using cryptocurrencies, the user need not verify their identity, and it takes not more than 20 minutes for the funds to show up in their account. I trade different cryptocurrencies on different exchanges, and I have something to compare with. HitBTC looks at least as good as its counterparts, and does its job as expected. It is convenient to replenish the account, and there are no difficulties in doing so, withdrawing coins is no less easy, which is also pleasing. Trading tools look good, and my experience has shown that they can be confidently used to make a profit.
- As such, it has never been hacked before, or at least havenâ€™t disclosed any such incidents.
- Depositing using the bank account requires a complete verification process, which takes time.
- Fees can vary from 0.25% to -0.01% for extremely large orders .
As you can understand HitBTC incentivizes users to be makers by charging lower fees or even providing rewards instead of fees for those who place new orders. BTC/USDT Chart on HitBTC exchangeUser reviews about HitBTC exchange are mixed. Some of these reviews have dated badly, some lack important facts, and others don’t address the exchange criticism properly.
Go to your account page and use the green deposit button to begin the process. Using the search bar, find your cryptocurrency and click on ‘create new’. Copy your address to use it to initiate a transaction on the platform where your money is held.
If you don’t, you run the risk of running into security issues. At the top of the page, click on the green ‘Deposit’ button. You should then see a long list of coins that you can deposit with. For ease, simply enter your chosen coin into the search box.
Even if it proves to be ungrounded, we still advise traders to be careful with HitBTC and stay on the lookout for alternatives. Frankly speaking, little is known about HitBTC and its whereabouts. The crypto exchange was founded back in 2013 as the crypto industry was steadily picking up steam. General account verification can take up to 10 days during high traffic and congestion time. Without verifying your account, you may not be able to trade in as high volume as you might want to.
Aside from trading volume, it contains information like exchange rate, changes in the latest market price, offer to buy or sell, trading volume for 24 hours, and several more. BitDegree Crypto Reviews aim to research, uncover & simplify everything about the latest crypto services. Easily discover all details about cryptocurrencies, best crypto exchanges & wallets in one place. Read fact-based BitDegree crypto reviews, tutorials & comparisons – make an informed decision by choosing only the most secure & trustful crypto companies.
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