In addition, users can access future cryptocurrencies. Users can choose between crypto-to-fiat and crypto-to-crypto currency pairs. 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. Our HitBTC Review has disclosed the simple fee structure for customers wishing to trade cryptocurrencies on the HitBTC platform. The exchange doesn’t charge any fees for cryptocurrency deposits; however, there is a fee for placing orders and withdrawing funds from the site.
- It’s frustrating that despite all this time passing, they haven’t fixed their website problems.
- Users can choose between crypto-to-fiat and crypto-to-crypto currency pairs.
- HitBTC is a well-known and secure cryptocurrency exchange with the most diverse cryptocurrency market selections and excellent exchange rates.
- The contract specifies your volume range on the sell and buy side, as well as your maximum spread.
Low Trading Fees
The fiat withdrawals and deposits allowed for qualified accounts are $10,000 per week and around $50,000 (EUR or USD) per month. Makers have no fee at all, a rare offering among cryptocurrency exchanges that provides HitBTC with an advantage over the competition. In fact, makers actually get a rebate from their trade of 0.01 percent.
Account creation
Without further ado, let’s jump to HitBTC review and find out more about this cryptocurrency exchange. KYC is a standard routine procedure for the industry, designed to comply with international AML requirements. Our goal here is to ensure the safety of the traders’ funds and establish their rightful owner in order to prevent possible fraudulent attempts to claim them in the future. I have been trying to login to my HitBTC account without success. I have been told my original code and my backup code has expired. I have complied with their repeated requests to recover my 2FA.
- On March 23, 2023, HitBTC listed Arbitrum (ARB), a popular long-anticipated token of the Arbitrum blockchain.
- Once you have transferred funds to a trading wallet, you can safely proceed to bidding.
- Information about fees for inactive accounts is public and can be found in our Terms of use (clause 17.4).Please note that HitBTC is not the only platform to implement the inactivity fee policy.
- Deposits are processed after at least once confirmation is received, whereas withdrawals are theoretically processed instantly.
- The postal address of Hitbtc is Unit 19, 7/F., One Midtown No.11 Hoi Shing Road, Tsuen Wan, New Territories, Hong Kong.
How do I transfer money from HitBTC?
HitBTC platform was developed in late 2013, making it one of the oldest cryptocurrency exchanges in the industry. One of the key benefits of the HitBTC trading platform is the ability to trade without having your account verified. No personal information is required if users operate with digital currency, but those trading frequently and fiat currency are required to undergo verification. Personal information, including name, address, country of residence, bank account, date of birth, and pertinent scanned documents, must be provided for adding or withdrawing funds. The HitBTC core matching engine (the mechanism that executes transactions) is lightning fast, extremely liquid, and supports a slew of cryptocurrencies with a highly advanced dashboard.
Customer Support
HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.). Cryptocurrencies are becoming more popular every day and many are looking for how to exchange fiat money for cryptocurrency. There are many different ways to get your first crypto, but it is most convenient to use exchange platforms. Today we will consider one of these trading platforms, which is named HitBTC.
Lawsuit against HitBTC
Worst support ever!!
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