Either enter the name of your coin on the right-hand side or scroll through the list and select the coin you want to buy. After selecting, click on the trading pair you picked. Any time you can check if your account wasn't accessed by a violator. In the Security tab, you can see the history of connections with IPs and locations and the list of the active sessions. If some of them seem suspicious you can terminate them in one click.
- The next column automatically shows how much you will receive coins in fact, taking into account the commission.
- System Health is one of the more impressive features of the platform because it allows traders to decide when to deposit funds or make a trade based on real-time analytics about the site's performance.
- Please note that the verified users on HitBTC fall into their tier fee system.
- Currently, HitBTC users can buy crypto for fiat money.
- Another option is to scroll down till the end of the Home page and select the “Support Center.” In the support center, you will see a “Contact Us” button.
- Signing up is pretty straightforward, besides I verified my identity and saved myself all the potential hassle.
- Hitbtc is most secure exchange till now as of my experience.
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As for trading fees, HitBTC sticks with a “maker-taker” model. The traders placing limit orders are adding positions to the exchange order book. As the exchange is benefiting from such actions, it incentivizes traders to place limit orders via trading fee discounts. "Makers" pay less than "takers" — those who use market orders ("take" the orders off the order book decreasing the exchange liquidity). The Maker-Taker model means that makers pay smaller fees.
- Since cryptocurrency popularity is growing you can find such a variety of platforms that allow you to buy, sell and trade cryptocurrencies.
- The Maker-Taker model means that makers pay smaller fees.
- 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.
- Both exchanges support plenty of trading pairs and provide high accuracy thanks to high liquidity and strong matching engines.
- Before beginning with the pros of this HitBTC review, I would like to pay your attention to a few aspects.
- It is a regulated company with headquarters in San Francisco.
- Trading fees for traders with verified accounts on HitBTC are lower than on Binance.
How to Use HitBTC Cryptocurrency Exchange?
In this in-depth HitBTC review we will dig into the exchange operations, platform, customer support, trading fees and security procedures. We will also give you some top tips to avoid being scammed. The HitBTC core matching engine (the mechanism that executes transactions) is lightning fast, extremely liquid, and supports a slew of cryptocurrencies with a highly advanced dashboard. HitBTC team members have designed the HitBTC platform with diverse types of users in mind, with various accounts for them to choose from based on their trading style. HitBTC is also one of the few exchanges to provide trading bots with a range of APIs to help advanced traders trade automatically.
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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. Another unique feature of HitBTC’s platform is the ‘Trollbox’, a live comments section where traders can engage in discussions and speculate prices.
Transactions through Debit and Credit card is not available in HitBTC, so no fees for that. However, for users who complete their transactions https://www.tokenexus.com/ using European Bank Transfer (SEPA), the price is 0.90 EUR. Finally, for the International bank wire (SWIFT), users have to pay $9 as the fee.
Supported Currencies
Unlike many other popular decentralized exchanges, dYdX has an order book and a standard crypto exchange interface. It is possible thanks to the Starkware layer 2 network used as a basis for the dYdX architecture. For instance, on dYdX, users don't have to pay miner fees while depositing. is hitbtc legit More than that, layer 2 solutions allow nearly instant withdrawals, improved security and privacy, and cross-margining. Transactions get confirmed on blockchain hours after execution. Some of the plus points of HitBTC are it has 450+ digital assets with more than 960+ trading pairs.
- When you sign into HitBTC, there is no indication that KYC is required for withdrawals.
- Please let me know if you require any further assistance.
- However, HitBTC users shouldn't take the security of their accounts for granted.
- Therefore, it should act as a significant red flag, as it would be difficult to locate them if, for any reason, something happens to the funds.
- Note, if you provide an incorrect digital wallet address (even if you make a mistake of just 1 letter/number), then the withdrawn coins cannot be returned!
- Don't trust this exchange ton of user been scam by themI am one of the victim transfer tokens to exchange but never hit my accountAt etherscan show, the transaction is a success.User went to...
- For some cryptocurrencies, you will also need to copy and paste your payment ID that’s also called “Destination Tag”.
HitBTC Review: Comprehensive Beginner's Guide
HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.). However, when it comes to withdrawal fees, Binance turns out to be more democratic. Although both exchanges have large trading volumes, Binance has the biggest liquidity on the market while HitBTC is only one of the best exchanges by this parameter.
How to create an account on Hitbtc?
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. Margin trading was made available on HitBTC in July 2020.