HitBTC Review Read This Before Trading Crypto on HitBTC 2025

HitBTC Review Read This Before Trading Crypto on HitBTC 2025

During this event, some users complained that they couldn’t withdraw funds from the exchange. This was presumed to have been caused by the exchange freezing user funds as a security precaution after another exchange called Bter had funds stolen during a hack. Overall, the HitBTC incident of 2015 wasn’t a major problem. Of course, many people will argue the fact that the exchange can freeze funds whenever it sees fit is a negative when considering security. The ‘main account’ is designed to be a place where you can store your cryptocurrency funds. If you have funds here, you can not immediately trade them.

Such links don’t imply our endorsement, and we aren’t liable for the content, products, or services of these third-party entities. 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, brings a unique perspective to the world of blockchain and cryptocurrency.

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• If you have funds here, you can not immediately trade them.
• At the day they allowed again the access to MY dogecoins, there was a “Inactivity fee” – they took 90% (3500 DOGE) of my wallet.
• Our Content on the Website is Our own opinion and does not constitute financial or investment advice in any way whatsoever.
• The system will be calculating your trading volume for the last 30 days and determine the fee rate for your account every day.
• Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place.

This is a crucial factor for traders, especially those dealing with high-volume transactions. Signing up is pretty straightforward, besides I verified my identity and saved myself all the potential hassle. It is commendable that the service is designed simply and clearly, it is very convenient to track everything through your personal account. For 3 years I could not withdraw dogecoins and had written 4 times to them. At the day they allowed again the access to MY dogecoins, there was a “Inactivity fee” – they took 90% (3500 DOGE) of my wallet.

• Nowadays, fiat deposits are only possible if users rely on the Changelly integration, which allows the purchase of crypto via debit cards and credit cards.
• HitBTC’s provides access to over 300 crypto currencies, including Bitcoin, Ethereum, Lite coin, Doge coin, Monero, and USDT.
• For those looking to deposit fiat directly via HitBTC, this option is apparently no longer available.
• Bitstamp is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies.
• As a precaution, you can choose how long your account login will remain active before automatically logging out.

How to sell cryptocurrency on Hitbtc?

If a trader liquidates a trading position to attain the liquidation price, HitBTC levies a liquidation fee of 0.5% of the position value in the quoted currency. Regarding cryptocurrency deposits and withdrawals, HitBTC charges no fees for deposits. However, withdrawals are subject to flat fees, which can be particularly costly for some newly listed cryptocurrencies. The exchange is best suited for advanced users, but beginners can also get the hang of it in due time.

There is no formal disclosure of company employees’ strengths and other details. HitBTC was established in 2013, in Hong Kong, as Hit Solution Limited. HitBTC serves most European and Estonian markets, but it’s also easily accessible to users across the globe, with several exclusions. Some of the platform’s main security features include address whitelisting, two-factor authentication, cold storage, auto logouts, strong password requirements, and more. Of course, HitBTC also has other security protocols running behind the scenes, and destined to intervene in case suspicious activity is detected.

To experience the demo trading, users can register themselves and access it. Bitpanda is a cryptocurrency broker based in Austria that launched its service in and offers individuals to buy and sell more than 84 cryptocurrencies. Binance is a cryptocurrency broker based in China that launched its service in and offers individuals to buy and sell more than 82 cryptocurrencies. Kriptomat is a cryptocurrency broker based in Estonia that launched its service in and offers individuals to buy and sell more than 13 cryptocurrencies. Kraken is a cryptocurrency broker based in United States that launched its service in and offers individuals to buy and sell more than 72 cryptocurrencies. Bitstamp is a cryptocurrency broker based in Luxembourg that launched its service in and offers individuals to buy and sell more than 45 cryptocurrencies.

Anti-Phishing Features

As for its location, HitBTC has been somewhat secretive about its headquarters, and there has been some speculation about where it is based. Security is a paramount consideration at HitBTC, with multiple layers of protection implemented. These include two-factor authentication, advanced encryption technology, and cold storage facilities for digital assets. HitBTC supports trading on over 328 cryptocurrencies on their platform.

Supported Currencies

The security section in the “Setting” menu also allows users to check all the logins of their accounts. They should look for the IP address or location they don’t recognize. Just in case there’s an IP address that the user doesn’t recognize, they terminate all the sessions with one click. They also have options that let them automatically log out of all the sessions at a regular period.

Now, while HitBTC mobile app is available, it’s still in a development stage, meaning that the app is not stable and you might experience certain issues when using it. Hence, if you want to have a real trading experience without risking anything, you should definitely give it a try. In most cases, it’s recommended to watch some tutorials or simply start trading small amounts that you wouldn’t be afraid of losing. However, when it comes to HitBTC, you can have a full experience without the need to risk anything.

Step 1: Hitbtc Signup Process

Choose a wallet where you own the keys, and use cold wallet options like Paper wallets and hardware wallets whenever possible. HitBTC is a cryptocurrency exchange platform that offers more than 800 crypto trading pairs, low trading fees, and a 2-factor authentication system to enhance user security. HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.).

Unverified users pay a maker fee of 0.1% and a taker fee of 0.2%. Meanwhile, verified users fall under HitBTC’s tier fee structure, which determines trading fees depending on the user’s trading volume over the last 30 days. Other than this, users can deposit and withdraw to HitBTC using most of the hitbtc exchange review supported cryptocurrencies.