No Regulation

Score

0123456789.01234567890123456789
/10

HitBTC

Seychelles

|

10-15 years

Suspicious Regulatory License|

High potential risk

https://hitbtc.com/

Website

Yesterday Vol
7 Days
Rating Index
Influence

Influence

A

Influence Index NO.1

Russia 4.32

Better than 98.93% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
A

Licenses

No effective regulatory information has been founded yet, please pay attention to the risks!

Exchange Info

More
Company Name
HitBTC
Phone of the company
--
Customer Service Email Address
--

WikiBit Risk Alerts

2
Previous Detection 2024-04-23

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

It has been verified that this Exchange currently has no valid regulation, please be aware of the risk!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

White Paper

Related Software

Github

Related Docs

All Corps

New Arrival

Vol Stat

Influence

Yesterday Vol

7 Days

$ 63.545m

$ 63.545m

31.9%

$ 34.463m

$ 34.463m

17.3%

$ 16.205m

$ 16.205m

8.13%

$ 13.963m

$ 13.963m

7.01%

$ 5.557m

$ 5.557m

2.79%

$ 4.453m

$ 4.453m

2.23%

$ 4.387m

$ 4.387m

2.2%

$ 3.827m

$ 3.827m

1.92%

$ 3.338m

$ 3.338m

1.67%

$ 3.195m

$ 3.195m

1.6%

$ 2.779m

$ 2.779m

1.39%

$ 2.256m

$ 2.256m

1.13%

$ 2.173m

$ 2.173m

1.09%

$ 1.845m

$ 1.845m

0.92%

$ 1.607m

$ 1.607m

0.8%

User Reviews

More

11 ratings

Participate in evaluation
wei6248
Get to know the other party: SweetRing followed by a line. The other party’s method of tempting you to invest: It is said that a friend who has been the technical director of the exchange for more than 10 years once sent his ID card and a remittance order of 2 million yuan, saying that he would invest 10,000 yuan first. If it is fake, the loss will be huge. There are not many ways to make profit: 1. The other party gave hitbtcn.com, registered first, took an ID card, and asked me to tell the customer service that I want to invest NT$10,000 to hitbtcn.com and transfer it to someone's account. I saw USDT400 on this exchange. After buying up or down according to the other party's instructions, if you see a profit, follow the instructions and add it to your personal account. You will receive NT$12,500 the next day and make a profit of NT$2,500. 2. Follow the other party's instructions to buy USTD with NT$250,000 and go to the imtoken wallet. Then transfer to hitbtcn.com and follow the instructions to make a profit again. When you see the deposited amount, no cash will be issued after the profit is made, and you have to pay 20%.
2023-09-01 01:26
1
parviz716
Hello.  I mistakenly transferred a significant amount of Dodge from my wallet to the hitbtc exchange, but after my mistake I came to pick it up, although I had already been authenticated, but the Dodge output is offline but the input is online.  This amount of Dodge I had was to treat my child who has a digestive problem.  Now, because Dodge Ham is blocked in an exchange office, I can not treat my child.  He says that an exchange office has a problem with Dodge.  Please advise how my problem wil
2023-06-17 18:57
0
Scarletc
Be careful when considering high-risk investments like cryptoassets & cryptocurrencies (e.g. bitcoin). Their value can go up and down significantly.
2023-11-21 18:45
9
Wina3434
I think it is a very strong and well established platform, one of the best that exists today. Having as main benefits the security protocols necessary to keep this ecosystem safe, such as two-step authentication. It has a large list of currencies with which it can be traded, having from the strongest such as BTC, ETH, LTC to the least known. At the same time, the company has been operating for many years and has proven to be totally reliable, something also very important is the volume of operations it handles, this is very high and gives extra reliability to the platform and also makes operations do not remain leisurely, but flow easily thanks to this high volume.
2023-10-28 21:58
1
Gentle Tommy
is a very good, strong and well established platform.
2023-11-04 01:52
4
Newton2834
HitBTC is a global trading platform with multi-currency support, operating since 2013. The exchange has markets for trading digital assets, tokens etc. reliable platform ❤️
2023-11-06 16:20
8
DavidR
Sometimes when trading through the website it feels very slow
2023-09-04 12:25
3
FX1140398987
HitBTC's trading interface is very user-friendly, simple to operate and easy to understand. Moreover, its transaction fees are low and profits are higher! This is due to their constantly innovative technological applications. Highly recommended!
2023-11-25 20:53
3
j_zone
very high fee for withdrawal, my $20 withdrawal $9 fee
2022-11-18 08:42
0
parviz716
Hello.  I mistakenly transferred a significant amount of Dodge from my wallet to the hitbtc exchange, but after my mistake I came to pick it up, although I had already been authenticated, but the Dodge output is offline but the input is online.  This amount of Dodge I had was to treat my child who has a digestive problem.  Now, because Dodge Ham is blocked in an exchange office, I can not treat my child.  He says that an exchange office has a problem with Dodge.  Please advise how my problem wil
2023-03-21 22:24
0
FX3093660732
Not used
2022-10-08 02:50
0
Features Details
Exchange Name HitBTC
Founded 2013
Registered Seychelles
Cryoptocurrencies 450+
Trading Fees Takers 0.07%, Makers-0.02%
24-hour Trading Volume $2 billion
Customer Support Twitte, Facebook, Online Chat, Support Form

What is HitBTC?

HitBTC, established in 2013, is a worldwide cryptocurrency exchange based in the Seychelles. It features 450+ cryptocurrencies and handles a trading volume, within a 24-hour span, exceeding $2 billion. When it comes to trading fees, buyers are subjected to a fee of 0.07%, while sellers actually receive a rebate with a fee of -0.02%.

basic-info

Pros and Cons

Pros Cons
Low trading fees US clients not accepted
Over 450+ cryptos Customer support not decent
Security measures like 2FA and advanced encryption technology Not regulated

Pros:

  • Low trading fees - Charging you less when you trade, unlike other exchanges.

  • Over 450+ cryptos - They've got a treasure trove of different cryptocurrencies on HitBTC, more than most places.

  • Security measures like 2FA and advanced encryption technology - Sleep soundly knowing HitBTC locks things up tight with fancy encryption and 2FA.

Cons:

  • US clients not accepted - Unfortunately, US clients are not allowed on the platform due to regulatory restrictions.

  • Customer support not decent - Customer support leaves much to be desired, lacking promptness and effectiveness.

  • Not regulated - Worth noting that HitBTC lacks regulatory oversight, potentially raising concerns about accountability.

Regulation

HitBTC operates without regulatory supervision, making trading on the exchange carry inherent risks. In the absence of regulations, traders must be aware that the platform might lack certain safeguards and oversight commonly associated with regulated exchanges.

Security

Here are the security and storage measures applied by HitBTC:

  • Funds security: HitBTC stores the majority of its users' funds in cold storage, which means that they are offline and not connected to the internet. This makes them much more secure from hackers.

  • User account security: HitBTC requires all users to enable two-factor authentication (2FA), which adds an extra layer of security to their accounts. When you enable 2FA, you will be prompted to enter a code from your authenticator app every time you log in.T

Trading Market

With a roster exceeding 450 cryptocurrencies, HitBTC stands out as one of the exchanges hosting the highest number of listed cryptocurrencies.

products

You can find the full list of cryptocurrencies available on the HitBTC exchange here: https://hitbtc.com/btc-to-usdt.

At HitBTC, coins get added pretty quickly. They have a team of experts who study new cryptocurrencies before putting them on the platform.

Services

HitBTC distinguishes itself by offering an altcoin wallet app service that stands out as a secure and user-friendly solution for storing a diverse range of digital assets. This wallet application, provided by HitBTC, is designed to cater specifically to altcoins, showcasing the platform's commitment to accommodating the varied needs of cryptocurrency enthusiasts.

Unlike some wallet services that come with fees, HitBTC claims that altcoin wallet app is not only feature-rich but also entirely free, allowing users to safeguard their assets without incurring additional costs.

wallet

How to Open an Account?

The registration process of HitBTC can be broken down into the following steps:

1. Visit the HitBTC website and click on the “Sign Up” button to start the registration process.

open-account

2. Provide your email address and create a strong password for your account. You will also need to agree to the platform's Terms of Service.

open-account

3. Verify your email address by clicking on the verification link sent to your registered email. This step is necessary to activate your account.

4. Complete the KYC (Know Your Customer) process by providing personal information such as your full name, date of birth, and address. This information is required for account verification and security purposes.

5. Submit any additional documents or information that may be requested during the KYC process. This may include a copy of your government-issued identification document and proof of address.

6. Once your account has been verified, you can start using HitBTC to deposit funds, trade cryptocurrencies, and manage your account.

Fees

HitBTC has a system where if you use your account a lot and have a good amount of tokens, your trading fees can be lower. The fees are based on how much you trade and how many tokens you usually have. It counts your trading over the last month and how many tokens you have on average each day. For example, if you buy 15 EOS using 1 LTC and 1 EOS is worth 0.001 BTC, they add 0.015 BTC to your trading volume over 30 days.

Level 30-days Trading Volume Spot/Margin Maker Fee Spot/Margin Taker Fee Futures Maker Fee Futures Taker Fee
Default 0.10% 0.25% 0.02% 0.07%
1 ≥ 0 BTC 0.09% 0.09% 0.02% 0.07%
2 ≥ 10 BTC 0.07% 0.08% 0.02% 0.07%
3 ≥ 100 BTC 0.06% 0.07% 0.02% 0.06%
4 ≥ 500 BTC 0.05% 0.07% 0.02% 0.06%
5 ≥ 1,000 BTC 0.03% 0.06% 0.01% 0.05%
6 ≥ 5,000 BTC 0.02% 0.06% 0.01% 0.05%
7 ≥ 10,000 BTC 0.01% 0.05% 0% 0.05%
8 ≥ 20,000 BTC 0% 0.04% 0% 0.05%
9 ≥ 50,000 BTC -0.01% 0.03% 0% 0.05%
10 ≥ 100,000 BTC -0.01% 0.02% -0.01% 0.04%

If you own HIT tokens, you'll get lower trading fees for both regular and margin trades. The discount depends on how many HIT tokens you have. However, taker fees won't go below 0.02%.

Trading Fee Discount For Tier 1 and 2 traders For Tier 3 to 10 traders
3% 500
5% 5,000 50,000
10% 50,000
15% 250,000 250,000
20% 500,000 500,000
25% 1,000,000
30% 4,000,000 1,000,000
35% 8,000,000 4,000,000
40% 16,000,000 8,000,000
45% 16,000,000

Deposit & Withdrawal

You can deposit any cryptocurrency on HitBTC, but they don't take fiat currency. There's a small fee of 0.0006 BTC when you put in Bitcoin. Withdrawal fees on HitBTC are different than other places. They change according to how the market is doing and are not connected to how much you're taking out. You can see the exact fees in your account. These fees depend on how much it costs to use the network and might change suddenly because of things like network traffic.

Customer Support

HitBTC's support team is available round the clock and watches over the system. You can reach them through an online form or these channels:

  • Online support form

  • Email: support@HitBTC.com

  • Live chat

  • Social Media: Twitter, Telegram, Github, Reddit, CoinMarketCap

customer-support

Is HitBTC a Good Exchange for You?

HitBTC is considered a top cryptocurrency exchange for its wide range of trading pairs and altcoin support. It offers a vast selection of cryptocurrencies, including lesser-known and emerging altcoins, making it a popular choice for traders seeking exposure to a diverse array of digital assets.

HitBTC may be a good exchange for the following types:

  • Traders who pursue a large selection of cryptocurrencies, amounting to 450.

  • Traders who are experienced in cryptocurrency trading.

  • Traders who prioritize lower trading fees.

Compare with other exchanegs

Exchanges
label
label
label
label
Trading Fees Takers 0.07%, Makers-0.02% Maker: 0.04%, Taker: 0.075% Maker: 0.05% - 0.1%, Taker: 0.1% - 0.5% Up to 0.40% maker fee and up to 0.60% for taker fee
Cryptocurrencies 450+ 500+ 11 200+
Regulation Not regulated Regulated by NMLS, MAS/FinCEN (Exceeded) Regulated by FSA ( Japan), NMLS, CSSF, DFI, NYSDFS Regulated by NMLS , FCA, NYSDFS, SEC (Exceeded), FINTRAC (Exceeded)

User Reviews

Alex Johnson

July 10, 2023

“Yo, HitBTC has a load of cryptos, seriously impressive! But, man, their fees sneak up, especially if you're into Bitcoin. And customer support? Took me ages to get a response. Plus, the withdrawal fees can be all over the place, which can be a bit frustrating. But gotta admit, their interface is slick, and I dig the variety.”

Sarah Martinez

August 22, 2023

“Hey there, tried out HitBTC lately. Their range of coins is wild – love it! But listen, their fees can be a headache, especially for Bitcoin deposits. Also, withdrawal fees changing with the market? Kinda weird. On the flip side, their smooth interface and variety of cryptos are a big plus. Would've been awesome if their customer support was quicker, though.”

Conclusion

To sum up, HitBTC boasts low fees and a simple interface, but it's not beginner-friendly and excludes US clients. It offers flexibility in deposits and withdrawals, yet customer support needs improvement. With a diverse range of 450+ cryptocurrencies, it's important to note the platform's lack of regulation. Now, the decision to engage with this broker rests on your considerations.

FAQs

Q: What are HitBTC's Withdrawal Fees?

A: HitBTC withdrawal fees are dynamic, you will be charged according to the current network conditions.

Q: Are there any fees for depositing cryptocurrency on HitBTC?

A: HitBTC does not charge any fees for deposits of cryptocurrency. However, you may incur network fees when transferring your cryptocurrency from your own wallet to your HitBTC account.

Q: Does HitBTC have a minimum deposit or withdrawal amount ?

A: Yes, HitBTC has minimum deposit and withdrawal amounts for each cryptocurrency.

Q: What is HitBTC's fee for margin future trading ?

A: HitBTC margin future trading fee is 0.07 taker and 0.02 for maker fee.

Risk Warning

Cryptocurrency trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

ALL

News

Announcement

OthersHitBTC Digest May 2022: news of the crypto market and HitBTC platform!
Cryptocurrency Market BTC price on 31st May was $31 731 ETH price on 31st May was $1 995 I

2022-06-16 18:13

HitBTC Digest May 2022: news of the crypto market and HitBTC platform!
OthersWhy Is It Profitable to Start Trading Crypto Futures in 2022?
Crypto futures trading is getting more traction as new players join the game. First off, i

2022-06-01 19:00

Why Is It Profitable to Start Trading Crypto Futures in 2022?
OthersTerra’s Rebirth and LUNA 2.0 on HitBTC
For Terra, a trending blockchain protocol, May was a rough month. On May 9, its algorithmi

2022-05-30 18:30

Terra’s Rebirth and LUNA 2.0 on HitBTC
Industry Price analysis 12/31: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin’s bounce off the strong support suggests that bulls are attempting to arrest the decline.
WikiBit

2021-12-31 15:20

 Price analysis 12/31: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Industry Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin and most major altcoins may extend their recovery for a few more days.
WikiBit

2021-12-24 15:42

 Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Industry Price analysis 12/22: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin and most major altcoins may extend their recovery if they overcome their respective overhead resistance levels.
WikiBit

2021-12-22 16:27

 Price analysis 12/22: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Industry Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin and most major altcoins are trading below the 200-day SMA, suggesting that bears are in full control.
WikiBit

2021-12-20 21:36

 Price analysis 12/20: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Industry Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Bitcoin and most major altcoins are attempting a recovery, but they are likely to face strong resistance at higher levels.
WikiBit

2021-12-06 20:20

 Price analysis 12/6: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
Industry Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
It’s clear that bears have nearly extinguished all signs of bullish momentum after BTC price falls below $52,000 and altcoins take a severe belting.
WikiBit

2021-12-03 20:35

 Price analysis 12/3: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, LUNA, AVAX
View More