HitBTC Review The Ultimate Guide 2023

I’d also like to pay your attention to the fact, that while withdrawals are closed during the maintenance, trading functionality for your account was and is available at that moment. Changing customer passwords so people can’t login and then taking forever to get the details again. The whole system is designed so they benefit from your money.

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There are simply too many reasons for dishonest exchange owners to funnel user funds into their own private wallets. Whatever the case, new users should stay well away from HitBTC. There are simply too many other services which out-class it in every respect, and will especially not steal user funds. We use these companies because we believe we can trust them with our money, to correctly account for and channel all funds to the correct destinations.

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The token hit the market on September 8 and quickly gained over 1000% in price. It has made headlines when after listing on a number of exchanges the token gained the price of $10 and even rose to $15 at some point. Many of these tokens were distributed among the early dYdX platform adopters via an airdrop.

How to Deposit & Withdraw on HitBTC

Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

How to Use HitBTC Cryptocurrency Exchange?

While it seems that HitBTC has all the features that make it look impressive from the outside, there were a number of things that we were less than impressed with. They allow you to send a maximum of 100 API requests per second per IP address. One can compare HitBTC Review this to the likes of Poloniex which has a limit of 6 p/s and Kraken which has tiered rate limits. To withdraw funds, simply click on the icon in the withdraw row of any Coin you wish to withdraw. On HitBTC, “Takers” are charged with a 0.1% fee from the trade.

• However, as an unregulated anonymous exchange in an obscure location, HitBTC does draw some criticism.
• With this feature, you can add any deposit addresses that you trust.
• HitBTC even accepted fiat payments from some non-European countries, offering access to a host of new users who were not served by HitBTC’s well-known competitors.
• As of November 2018, there are over 200 different cryptocurrencies available on this exchange.

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Hidden busd 4.5 dollar withdrawl fee…