Being aware of all the pros and cons you’ve probably already decided if this crypto exchange is suitable for you. Now, if you want to start using HitBTC right away, you should know how to register and deposit your funds. You’ll find all the needed information on how to do that below. The system will be calculating your trading volume for the last 30 days and determine the fee rate for your account every day.
Security – Is HitBTC Safe?
In order to write in the chat, on the exchange you must have an amount equivalent to 0.01 BTC. There is the form for selling currency and the form for buying currency, the history of your transactions will be displayed in this window. Once you have transferred funds to a trading wallet, you can safely proceed to bidding. The next column automatically shows how much you will receive coins in fact, taking into account the commission. A form opens with a QR code and the number of the generated wallet.
How to Use HitBTC Cryptocurrency Exchange?
His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential. James Page, previously the lead writer at Crypto Head and a registered psychologist, HitBTC Review brings a unique perspective to the world of blockchain and cryptocurrency. The fees can range from 0.07% for makers to 0.2% for takers. It’s advisable to check the latest fee structure on HitBTC’s website since fees can change.
- This commitment to performance and reliability is key to the satisfaction of its users.
- Not long after its launch in 2015, HitBTC went offline for a short period of time.
- One can compare this to the likes of Poloniex which has a limit of 6 p/s and Kraken which has tiered rate limits.
- Margin trading is extremely risky however, as users must cover any loss caused by falling crypto prices.
- To verify your account to increase the limits and fund your account using FIAT, you will need to fill in the following information to complete your HitBTC KYC.
Step 4: Complete the Trade
The postal address of Hitbtc is Unit 19, 7/F., One Midtown No.11 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong. However, some sources were claiming that HitBTC was hacked with BTER and Excoin. Users should note that the IDs should be valid for the next three months, and the photo should be the original one and not a photocopy. Also, the image should be clear, colored, and with high resolution. That being said, it’s recommended to wait for the app to be completely developed in order to have a full experience.
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