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. In the case of upgraded accounts, users with a 30-days volume under 10 BTC are expected to pay a 0.09% maker and taker fee. Tier 5 users with a 30-days trading volume ranging between 1,000 BTC and 5,000 BTC can expect to pay a maker fee of 0.03% and a taker fee of 0.06%.
HitBTC Customer Reviews and Known Issues
This is public information and can be found in our Terms of use that every trader must read and accept before they start using our platform. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
Account creation
- Apart from fees, the exchange is not mediating the deal.
- Both Huobi and HitBTC provide intuitive trading platforms suitable for all kinds of traders regardless of their experience.
- For 3 years I could not withdraw dogecoins and had written 4 times to them.
- No personal information is required if users operate with digital currency, but those trading frequently and fiat currency are required to undergo verification.
HitBTC is a well-known and secure cryptocurrency exchange with the most diverse cryptocurrency market selections and excellent exchange rates. The exchange is relatively simple to use; however, it’s best suited to more experienced traders. To withdraw coins, users must first go to the “accounts tab,” then to the withdrawal column, which displays all crypto and fiat money. If you want to withdraw money, you must first have coins in your primary account and then click withdraw.
Thank you for stealing my money
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. 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. https://www.tokenexus.com/ Signing up on HitBTC is a very simple and seamless process. First, you enter an email and password on the Sign-up page. Simply click to confirm your email address and you’re in. HitBTC offers a support center that features a variety of articles covering everything from ‘Account & Security’ to ‘Legacy & KYC’.
Not the Best Customer Support
To find a reliable exchange where you can start an account, just use our Exchange Filters and we’ll help you find the right platform for you. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk hitbtc reviews of losing your money. Whether HitBTC will be able to turn around has yet to be seen, but we recommend that everyone go to other exchange, like Binance, which can be trusted with their money. Visit our recommended platform to buy crypto by clicking the button below. It has never been hacked before, besides some sources saying otherwise without any proof regarding security.
- One of the categories that separates HitBTC apart from most exchanges is its number of available currency options.
- It’s important to point out that there is no financial service in the world which is completely trustworthy.
- After doing that you’ll have a generated wallet address.
- Needless to say, the more options you get, the better it is.
- Without further ado, let’s jump to HitBTC review and find out more about this cryptocurrency exchange.
- After completing the registration process, you have to deposit some funds into your HitBTC account.
- The biggest and primary concern for the Hitbtc exchange is its accountability because the company location for where it operates is unknown.
- Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
- For the most part, the exchange has remained relatively secure.
- When the deposited funds are added to the account, you’re all set to start trading.
- The service appeared in 2012 and in the first two years managed to attract more than a million users.
Meanwhile, verified users fall under HitBTC’s tier fee structure, which determines trading fees depending on the user’s trading volume over the last 30 days. HitBTC allows HitBTC users to trade crypto along with a vast selection of currency pairs. Additionally, HitBTC has developed a voting application and a demo trading platform for beginners offering them to try and trade cryptocurrencies on its Demo platform first. Moreover, HitBTC organizes various trading contests, allowing users to measure their skills against other traders and get more experience. It was hacked in 2021, where it lost around $1 million. There are many users of HitBTC complaining that their money was stolen from their accounts.
HUUGE SCAM!! BEWARE!
Lastly, tier 10 users with a monthly volume exceeding 100,000 BTC must pay a 0.01% maker fee and a 0.02% taker fee. Discover the origin of decentralized finance, blockchain technology, and cryptocurrency with our articles What Is DeFi, How to Buy Cryptocurrency, and more. HitBTC has a rebate scheme for its market makers who supply the exchange with solid liquidity and receive a 0.01% refund.
