HitBTC Review

 

HITBTC REVIEW AT A GLANCE

■ TYPE: WIDE CRYPTO EXCHANGE

■ WALLET: YES

■ HEADQUARTERS: HONG-KONG & ESTHONIA

■ ONLINE SINCE: 2014 (Hit Techs Limited in Chicago)

■ CUSTOMER SERVICE: EMAIL | FORUM

■ LANGUAGES: ENGLISH

 

INTRODUCTION TO THE HITBTC EXCHANGE

Operating since 2014, HitBTC offers a multi-currency exchange platform with one of the widest selections of cryptocurrency assets in the market. It features an advanced API trading module and a FIX trading module for professional traders. HitBTC charges low fees and does not require account verification for crypto-to-crypto transactions. Users can trade both coins and ICO tokens for fiat currency.

■ SUPPORTED COUNTRIES: ALL COUNTRIES

■ FIAT CURRENCIES: USD | EUR

► Visit the HitBtc Exchange

 

HITBTC FUND METHODS AND FEES

HitBTC Supports:

□ BITCOIN/ALTCOINS

□ BANK WIRE (SEPA or Swift transfer)

 

 HITBTC TRADING FEES

□ 0.10% Trade Commissions

□ 0.01% rebate for L.P. orders

 

 HITBTC CRYPTO ASSET INDEX

□ BITCOIN (BTC)

□ BITCOIN CASH (BCH)

□ ETHEREUM (ETH)

□ RIPPLE (XPR)

□ LITECOIN (LTC)

□ DASH (DASH)

□ In total, 250 cryptocurrencies, including many ICOs

 

 HITBTC PLATFORM AND TECHNOLOGY

The HITBTC platform is a multi-featured platform offering a very useful Demo Mode where you can test your skills without taking any risk.

-Supports fast registration but it is slow on account verification (when needed)

-Advanced API Trading Module (4 protocols)

-FIX (FIX Trading and FIX Market data)

-Core-Matching Engine

-OTC Trading

-Security includes 2FA and Google Authenticator

AVAILABLE SET OF TRADING ORDERS

□ Market Orders

□ Limit Orders

□ Stop-Limit Orders

► Visit HitBtc Crypto Exchange

 

 POSITIVES OF HITBTC REVIEW

(√) Very large exchange with vast trading volumes

(√) Multi-featured platform

(√) Great variety of cryptocurrency assets (250) including many ICOs

(√) A demo account is available

(√) Advanced API-trading features (4 protocol types) and a FIX Trading module

(√) Low Trade Commissions (0.1%)

 

 NEGATIVES OF HITBTC REVIEW

(x) Complicated Verification Process (required for Fiat currency)

(x) Very slow Bank-Transfers

(x) Not accepting deposits via Credit Cards

(x) History of hacks

(x) Not responsive customer support

 

 HITBTC REVIEW CONCLUSIONS

Based in Hong Kong, HitBTC is a large cryptocurrency exchange that allows trading of coins and ICO tokens for fiat currencies. The platform offers several unique features, including a robot-friendly API with four different protocols and a FIX trading module. HitBTC also provides a demo account, which is helpful for beginners since the platform itself can be complex for new users. The exchange supports deposits and withdrawals in fiat currencies (EUR, USD), but bank transfers can be slow. HitBTC charges a 0.1% fee on every trade.

 

■ HitBtc Review

ExpertSignal.com