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But for high limits, a range of currency options, detailed information, and very low fees, it is worth the hitbtc review pain. HitBTC has a good reputation as a place for professional traders, but negative reviews abound.

You can remotely remove your SAASPASS from a discarded or even a stolen device. Access to your SAASPASS is always protected by biometrics like Touch ID or your customizable PIN. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. You should consider whether you can afford to take the risk of losing your money. In this HitBTC review, this HitBTC how to trade guide details the step by step process on completing a trade.

About Hitbtc:

Although HitBTC deposits do not include fiat currencies, users can buy bitcoin using their Visa or Mastercard. Customers can send purchased coins to the HitBTC deposit address. However, HitBTC regularly upgrades deposit addresses, so users need to make sure they select the right one during each deposit.

• Only when you go and try to withdraw do you find out that these are all needed.
• Low trading fees, small bonus when acting as a maker, none deposit fees for the altcoins.
• When the user is on the trading screen and has the necessary funds, they can proceed with trading.
• This is not bad for a Bitcoin website because in most cases you are unable to get any results from Wikipedia when you search for Bitcoin websites.
• You will need to create a separate account for the demo platform.
• Besides basic verification, professional traders might want to upgrade their account to PRO status using HitBTC’s UK-based partner Bequant Technologies.

HitBTC has around six million venture capital investments in Hong Kong, but it focuses more on the European crypto markets. HitBTC is a popular cryptocurrency exchange with some unique features that set it apart from any other trade/exchange websites out there today that handle FIAT and crypto currency trading.

Demo Trading

If the user wants to trade with HitBTC, they should add funds to their account first; they can go to the account section where their fund balances are displayed. They should transfer their funds from their main account to their trading account. When they have transferred funds to the trading wallet, they can proceed with trading.

Three years ago, HitBTC futures trading became available on the platform, allowing an enhanced customer offering. HitBTC is a multi-faced cryptocurrency exchange development and trading platform with support for over 100+ tradable digital assets, including, tokens, ICOs, and cryptocurrencies. This exchange was introduced in 2013 with 6 million Euros. As HitBTC was built on the top of modern technology, it makes trading most secure, easy, and reliable for every investor. After seeing the huge success of the crypto market most of the cryptocurrency exchange development company came with a similar concept and has started the same business. These companies will help you in the complete crypto trading process such as buying, selling, or even creating your own crypto exchange. Hit BTC is one among the best cryptocurrency exchange development platform.

Why Is Hitbtc So Popular With Traders?

Nevertheless, on this platform, users can deposit funds using real-world money through direct bank transfer. The MSP of Hitbtc is its highly competitive fees, as it offers the lowest prices in the crypto market. HitBTC is one of the popular cryptocurrency exchanges which is preferred for trading platforms that US traders cannot access. According to its official terms of use, the USA residents are not permitted to use the service that also includes other jurisdictions within the USA. As per our HitBTC review, if the user wants to trade cryptocurrencies, HitBTC charges a simple fee structure.

Generalaccounts– For this tier you can, of course, deposit crypto currency for free. Your daily withdrawal limit is EUR 5,000 worth of cryptocurrency per day. It’s important to note that FIAT transactions are not available for the general verification tier. If the user would like to withdraw coins, they should click the “accounts tab” then click the withdrawal column, which displays every crypto and fiat money. If the user wishes to withdraw money, they should have coins in their main account; they need to click withdraw.

E Respond To The Verification Email Within One Hour

Upgrade your account to access extended withdrawal limits and lowest fees. There are daily backups of everything, which are distributed all over the world servers. HitBTC is where both beginners and trading professionals can trade with ease. The platform was built on top of modern technologies for providing service that is fast, secure, and reliable.

HitBTC is a European Bitcoin exchange that started its project with 6 million received as venture capital in 2013 in Hong Kong. This platform offers its services globally without any restrictions. We’ll conclude this section of our HitBTC review with information on how to make withdrawals. The funds must be transferred into your main or trading account.

In most platforms, however, HitBTC has introduced the KYC system to complete the verification process. Know Your Customer, because this is what the exchange allows the exchange to ask the customer to verify his or her account again at any time. The platform has a simple and intuitive interface, which ensures free movement of the exchange. Those who want to find out more about the platform can use a demo version, which will allow to make a decision about possible use of the stock exchange services. Thanks to the demo version, investors can start their adventure with cryptocurrencies without the risk of losing their funds.

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This can be troublesome for people who want to reinvest their funds quickly. After this, you will see the unique deposit address of the coin you selected. Click on the “Copy” blue button to copy the wallet address to your clipboard. Then, go to your private wallet, paste that address, and transfer your funds. It offers the most comprehensive selections of 380 cryptocurrencies in more than 800 cryptocurrency pairs.

Then enter your personal information and user id after which you can reset your password. Making statements based on opinion; back them up with references or personal experience. Why does HitBtc feel the need for the private key to be passed?

Hitbtc News

HitBTC does not offer margin trading natively on the exchange. HitBTC’s website links to Weltrade, a third party trading service provider.

On March I was contacted by a HitBTC representative and the issue has been solved. We have escalated the issue to our second-level support experts and flagged it as a high priority.

Customer Support And Review

HitBTC also supports lesser-known altcoins, diversifying its range for clients. HitBTC is an old-time bitcoin exchange established in 2013. Since then, the exchange has made a name for itself as a go-to place for buying and selling low cap altcoins. It exchanges a wide variety of digital assets, including most popular cryptocurrencies like bitcoin , ethereum , litecoin , ripple , dogecoin , monero , tron , dash , EOS and tether . It’s also one of the few exchanges open to bots, providing a range of APIs that help tech-savvy customers trade automatically. To see how HitBTC ranks against other industry-leading crypto exchanges and cryptocurrency trading platforms see our comparison charts. Read our expert reviews, see our ratings and compare the best online trading platforms, features, fees, and more.

HitBTC’s API is robot-friendly; the trader can use the trading bot. This platform is friendly to the users who are involved in creating trading bots. The robot-friendly API of HitBTC uses low latency data for the cryptocurrency market. Users can find more information on API and API documentation on the website.

It is a person who trades cryptocurrencies at current prices, as a result of which the exchange loses liquidity. This commission is to be a form of compensation for the platform’s loss of liquidity. Pro account holders enjoy the leverage of the same liquidity as on HitBTC, dedicated account management, and no limits on deposit and withdrawals.

• These accounts are a solution designed for institutional and corporate clients.
• The user clicking the exchange button will be taken to the trading area.
• The stock exchanges try to attract customers by offering new opportunities every day.
• This is really the only beginner-friendly feature that I found.
• All you need to do is navigate to the “Account” tab and select the cryptocurrency of your choice.
• It charges 0.1% on every market trade and LP orders have a rebate of 0.01%.
• App provides all the necessary equipment for handling your favorite cryptocurrencies.

The interfaces incuding RESTful API, Streaming API, socket.io allow users access market data, manage funds, and perform trading operations. The most advanced crypto exchange since 2013 with an unparalleled track record of reliability and largest spot trading market with over 500+ cryptocurrencies supported.

Both these features are pretty standard across the exchange industry. New traders can try out this platform using this demo account without making any deposits. You can connect any of the exchanges that CLEO.one supports right now. However deploying a live crypto bot will be only possible on the qualified Binance, Bitpanda Pro or HitBTC accounts. Low latency is essential for high-end cryptocurrency traders, but not all exchanges can offer it. A trading bots platform has announced its new product feature that allows traders to make decisions based on TradingView signals.

Simply click on withdraw and enter the amount you’d like to withdraw. There must only be eight digits after the decimal point, otherwise withdrawals won’t be processed. Choose your destination address and enter it into the address field – this transaction cannot be reversed so make sure you have the correct address. Some coins may need a payment ID to withdraw – if this isn’t needed then that field can be left blank. Click on the ‘confirm withdrawal’ payment and wait for a confirmation email to arrive in your inbox.

Author: Fredrik Vold