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This type of wallet offers the lowest security on your funds, not least because you have no control over your private keys.
This means that should the platform get hacked, your funds are largely at risk. Although the app is now available to download free of charge via the Google Play store, it is still in development mode.
As such, you should not attempt to use the app until the exchange announces its official launch date. 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.
Until then, you will need to use your standard mobile web browser if you want to access HitBTC via your mobile. Although the HitBTC support team operates 24 hours per day, the only contact channel available is the online support form.
According to the vast majority of reviews online, response times are super slow. At first glance, it is easy to see why HitBTC is responsible for some of the largest trading volumes in the crypto exchange industry.
Not only does the platform support more than coins and over trading pairs, but fees are highly competitive. However, upon further analysis, we cannot endorse HitBTC as a credible exchange.
The key reason for this is that we cannot ensure your funds are in safe hands. Furthermore, there is a huge number of negative reviews about HitBTC, many of which centre on hacked accounts.
HitBTC lists over different cryptocurrencies, which equates to over different trading pairs. The only fiat currency option available is a bank wire.
You will only need to verify your identity at HitBTC if you want to deposit and withdraw funds using a bank wire.
You might need to send some ID in if you are trading significant amounts, too. Kane holds academic qualifications in the finance and financial investigation fields.
With a passion for all-things finance, he currently writes for a number of publications in the online space.
Skip to content. Home cryptocurrency exchanges hitbtc. It also offers a rebate program for market makers. On this Page:.
Our Recommended Crypto Exchange. Open Free Account. The site will automatically log out all your active sessions, except for the one you use to perform this action.
All this can be viewed in the security tab. An added security feature is the option to whitelist a range of addresses that you trust in order to prevent anyone else withdrawing to an address that is not in your control.
Even if a hacker manages to breach your email and attempts the withdrawal, HitBTC will block it. You cannot withdraw or deposit ICO coins before the company issues the real tokens.
In any case, users should be careful of this offering because an IOU made between a company that launched an ICO, and its token buyers is enforced by a smart contract , whereas a similar agreement made between the token buyer in this case, HitBTC and buyers on the exchange wanting the IOU is not.
For issues that require users to email the support team, there have been complaints online about very slow response time taking weeks and even months before an issue is resolved.
Most common problems people have complained about are withdrawal delays and inexplicable loss of funds. This was slightly disconcerting for us as customer support is often one of the biggest sticking points as slow customer often really hampers client satisfaction.
While verification is not mandatory on HitBTC, unverified accounts do have certain withdrawal limits in a day. Hence, if you wanted to withdraw more than the limit that they have on the exchange then you will have to verify your account.
To verify, users have to email compliance hitbtc. As more exchanges come under the scrutiny of regulators, verified accounts are slowly becoming mandatory.
So it would perhaps be best to get verified now before they require mandatory verification. Of course, this depends on how secure you feel about providing HitBTC with your personal documents.
HitBTC claims that they keep all client material confidential and they have not suffered a hack as of yet. Signing up on HitBTC is a very simple and seamless process.
First, you enter an email and password on the Sign-up page. HitBTC will then send you a confirmation email.
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.
This happens for safety reasons only — it is standard procedure, and we do it simply because the security of our customers is our top priority," HitBTC spokesperson told Cryptonews.
In recent years, HitBTC has become a top exchange in terms of market liquidity, competing with such exchanges like Bitfinex and Binance.
CryptoCompare even grants HitBTC the highest score in the data reporting section, indicating that the exchange's liquidity must be real competing unregulated exchanges that fake most of their trading volume.
The exchange is often accused of lack of transparency and shadowy businesses practices; however, there is no tangible evidence for these claims.
It also values users' data and privacy and is entirely GDPR compliant , as you can delete your data from the exchange at any time.
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.
Different exchanges have different trading views. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history.
They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you.
The below is a picture of the trading view at HitBTC:. We call makers makers because their orders make the liquidity in a market. Bill is here a taker and is charged the taker fee.
If Bill on the other hand offers to sell 1 BTC for USD 10,, he places an order on the order book that does not correspond to an existing order.
He would then be a maker of liquidity. If someone would have accepted to buy 1 BTC from Bill for USD 10,, then Bill would have been charged the maker fee usually a bit lower than the taker fee and the relevant buyer would have been charged the taker fee.
This fee is in line with the historic industry average the historic industry average is arguably around 0.
Von Hitbtc Exchange в Hitbtc Exchange. - Non established since 1987Sobald Sie sie bestätigt haben, kehren Sie zu Ihrer Kontoseite zurück. Low trading fees. HitBTC will then send you a confirmation email. HitBTC lists over different cryptocurrencies, which equates to over different trading pairs. Nevertheless, HitBTC exchange is open about its official location. Check out the list of prohibited countries below. For those who have used the MT4 software will know just how advanced it is. As such, you should not attempt to use the app until the exchange announces its official launch date. However, the exchange lacks transparency when it comes to its team Gewinnen Kann Jeder location, which is a major red flag for some. You will only need to verify your identity at HitBTC if Hitbtc Exchange want to deposit and withdraw funds using a bank wire. Signing up Beer Pong Regeln Pdf HitBTC is a very simple and seamless process. The below is Lovscout picture of the trading view at HitBTC:. Now, while such accusations cannot be substantiated with any certainty, if the general consensus is that HitBTC has suffered multiple hacking attempts, then it is likely Scratch2 be true. When it reaches this stop price, your stop-limit order Bl-Tippen into a limit order.