Understanding Fees

HitBTC is one of the best platforms as they do not put their customers through the hardship of a rigorous registration. The customers find the registration seamless as they are also not required to provide any personal information which most other platforms unnecessarily require.

This helps the platform to manage its customers properly, even though they are anonymous. Most platforms put the burden of the charges on either the buyer or the seller. The other terms it could be referred to, are maker and taker transactions. These platforms make the burden of the fee difficult for one side of the transaction then free for the other. HitBTC splits the charges or fees between both sides of the transaction. The maker and the taker pay for the transaction on the platform. The more the volume of the transaction increases, the lesser the fee for that same transaction.

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Provided all ID information and still no assistance or reply. I believe my account and tokens may have been taken by HITBTC. Our security measures are in place to protect our users. Please continue your conversation with the support team and they will assist you to remove the 2FA as soon as possible. I can see that one of our support agents had replied to you in 1 hour after your initial request. I sent all the information requested to verify my account but now gone absolutely quiet and will not respond to my emails or comment. Stay away from this exchange like from fire or one day you will regret your decision and get burned.

The second account is a trading account, and as the name implies, it is used for trading valuable financial assets. This account is programmed to fully serve this hitbtc exchange review purpose or function. These two accounts are distinct in every way and are managed by the user. In recent times, the exchange platform is offering more to traders.

It also offers a robust tool set designed to meet the needs of advanced traders. The products and services described here may not be available in all jurisdictions and to all persons. No information set out above constitutes advice, an advertisement, an invitation, an offer or a solicitation, to buy or sell any crypto currency. Trade only after you have acknowledged and accepted the risks. A growing community of traders and gamblers winning most days with JuiceStorm Live.

HitBTC, from its inception, had always believed in altcoins. They were open to the possibility of more of these currencies being added to tradable currency pairs, and they predicted that more members of the financial community would be interested in these altcoins. They offered the public the opportunity to decide which of the coins they wanted to offer on the exchange platform.

Hitbtc

More often than not, exchange platforms run into the problem of hacking where the target is the details and information of your customers. HitBTC makes sure that even though they are hacked, which is very unlikely, the perpetrators do not have anything to take away with them. This reason is one of the major reasons they have a lot of customers. They have a list of possible health checks on their platforms.

A complete list of the required documents and data is anonymous bitcoin pool economist fear bitcoin herewhich you must submit via email to the compliance manager. The first step towards a secure environment is 2FA for accounts, the extra security layer is offered separately to protect both login and withdrawals.

The first or main account is used for the storage of cryptocurrencies. This account does not accommodate any other activities aside from this primary assignment of storage.

Probably the most notable upcoming IPO is Coinbase, which is expected to open the doors for other companies to follow assuming all goes as expected. One could argue the timing for crypto IPOs has never been better as institutional investors flood the market crypto wallet and bring an additional element of legitimacy for traditional investors. I will also be explaining why I believe exchanges like HITBTC are desperate to hold on to our crypto very soon, so make sure you subscribe to me on YouTube to hear all about this.

What Is Hitbtc?

As an exchange platform, HitBTC started off with very few currency pairs available for trading. Their long term customers look back to the time when the platform was very limited and did not offer many financial assets to their traders.

• It feels here as if they want to suffocate the smaller traders in fees so they cant withdraw or make you wait for increase in price to withdraw with the hopes you will totally forget your account details.
• HitBTC responds in a lot of languages, which makes it easy for different nationals to access support or assistance whenever they want.
• If you’re thinking of using HitBTC to buy and sell cryptocurrency, be aware that the platform has received a host of negative user reviews online.
• The round the clock customer support includes a live chat or an email.
• Reviews on BitTrust and CryptoCompare cite issues such as slow withdrawal times, accounts being frozen for no reason and a lack of responsiveness to customer support requests.

Unfortunately, there’s limited information available about the team behind the platform and where it is based. The HitBTC website lists a representative office in Chile and a mailing address in Hong Kong, but few other details.

This support is expected to always be available whenever they come knocking for help and answers. Some other platforms limit their customer support at providing answers to frequently asked questions only, but the needs of traders and customers are more than that. HitBTC responds in a lot of languages, which makes it easy for different nationals to access support or assistance whenever they want. The round the clock customer support includes a live chat or an email. It feels here as if they want to suffocate the smaller traders in fees so they cant withdraw or make you wait for increase in price to withdraw with the hopes you will totally forget your account details. If you’re thinking of using HitBTC to buy and sell cryptocurrency, be aware that the platform has received a host of negative user reviews online.

We are receiving a large number of messages due to the hype around the cryptocurrency and our team is working around the clock to reply to every email. Once you’ve created an account, click the account tab at the top left of screen and then click the “Withdraw” button for your chosen currency. https://tokenexus.com/ On the next screen, you’ll be shown the withdrawal fee that applies. As we touched on above, HitBTC is an unregulated exchange and a quick Google search turns up many negative reviews from users. Keep these factors in mind when deciding whether or not you should use the platform.

HitBTC is also unregulated, so make sure you thoroughly research and compare a range of cryptocurrency exchanges before deciding whether to trade using this platform. Blockfi is a three-in-one hybrid platform that allows its users to trade cryptocurrencies, receive crypto-based loans, and earn interest on their crypto deposits similar to a bank account. A few platforms compete in this sector, such as Celsius and Crypto.com, but Blockfi is one of the most successful. If this IPO takes place, expect strong demand from retail and institutional investors. As one of the leading cryptocurrency exchanges globally and the top in the US by daily trading volume, Coinbase will be the largest cryptocurrency firm to hold an initial public offering to date. With over 35 million users and an $8 billion valuation as of 2018 , Coinbase has a lot of potential investors interested in its IPO.

Hitbtc Steal My Assets, Please Help!!!

Personally the only centralised exchange I trust is Binance. However if you have to use HITBTC make sure that 48 hours in advance you have whitelisted the addresses you may need and get in and out as quick as you can. So I went back to HITBTC and processed my inital withdrawal, however I also then wanted to withdraw another token to the same ETH address. This time, they wanted me to whitelist the very same ETH address and wait another 48 hours before I could withdraw my coins. Information about the XEM BTC (NEM vs. Bitcoin HitBTC) is available here.

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The two-step verification or two-factor authentication methods which ensures that intruders who want to steal private data or funds do not find it easy or even possible. They also provide cold storage for the customers’ funds. The cold storage or cold wallet is provided by platforms to safely store away assets that belong to their customers, and it is protected from thieves. In the early days of cryptocurrencies, most platforms were not interested in digital currencies that were not Bitcoin. It would seem as though to them, there was no potential for the altcoins.

I am sorry that we cannot reply as fast as always, but it is only because we are receiving a large number of tickets. Ticket# I have been trying to get my account open for two weeks now. Followed the advice of hitbtc support and filled out the form where it generates and submits a ticket number. I provided all the documents and information requested by e-mail. Then they stopped emailing me back and I’m still waiting for 2fa to be deactivated. After reading so many reviews of other people experiencing the same issue, I can assume I’m not alone. If anyone has found a way to get our money back please let me know.

How To Get Cryptocurrencies Prices And More In Google Sheets

Asia is one of the most important markets for the cryptocurrency space, and having a regulated exchange is essential to inspire investor confidence. Headquartered out cryptocurrency news of Singapore, Finxflo is a hybrid liquidity aggregator that has the ability to offer the best rates from both centralized and decentralized exchanges to its users.

Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. Other platforms want to make their profit from the charges or fees they get from credit and deposit or even buying and selling of the digital currencies. HitBTC on their part does not charge for deposit and withdrawals, but they charge very little fees for transactions. The traders are happy with this fee, especially when they compare it to what other platforms are charging. The advancement and introduction of technology on some trading platforms have made trading easy. They trade with bots that they can adjust the settings to enter and close trades for them intelligently. It is quite a popular technology, but most platforms are not sophisticated enough to support it.

However, residents of certain countries are not permitted to use the platform, so check with HitBTC directly to make sure you’re eligible to create what is hitbtc an account. It’s safe to assume that the platform is therefore unregulated, so anyone considering trading on HitBTC should proceed with caution.