Now that you’ve set up and funded your account it’s time to start trading. If you’re still logged in navigate to the HitBTC homepage and select the Exchange tab. This will open up the main listing of cryptocurrencies and allow you to select the coin you are interested in. HitBTC is said to be a Hong Kong based cryptocurrency exchange established in 2013 by a group of finance professionals and technical specialists. It describes itself as the world’s most advanced cryptocurrency exchange. HitBTC is a centralized exchange that allows trading of a wide variety of cryptocurrency, including most major altcoins.

With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. HitBTC is a global platform that bills itself as “the most advanced Bitcoin exchange”.

HitBTC Referral Program

Still, we will be looking at a few things, like how you can make your first trade or how to sign up or deposit, to get you started if you do decide to use this exchange. Nevertheless, on this platform, users can deposit funds using real-world money through direct bank transfers. The MSP (Main Selling Point) of Hitbtc is its highly competitive fees, as it offers the lowest prices in the crypto market.

Once you’re on the trading screen for the coin you want to buy, scroll down below the main chart. At the top of the page, click on the green ‘Deposit’ button. You should then see a long list of coins that you can deposit with. For ease, simply enter your chosen coin into the search box.

Verify Your Account

After email verification in the signup process, users can increase the limit by completing the verification process. To verify your account to increase the limits and fund your account using FIAT, you will need to fill in the following information to complete your HitBTC KYC. After that, a Signup window will appear, which will ask users to fill few details. They will have to enter their email addresses and then choose a strong password. (CRECOVE) on Tellegram has come at the right time to redeem us from ponzi masters and scammers. If you have fall victim in the hands of scammers, ponzi schemes and centralized systems, CRECOVE on Tellegram has come to turn the table upside down.

HitBTC is based on traditional stock trading applications and is reported to have well-designed security systems and processes. User information is kept encrypted at all times and the majority of non-trading funds are stored offline. If you view your account homepage, you’ll notice a security log. This provides you with the IP address and details of all login attempts and user sessions related to your account. Another issue is that sometimes certain coins are “stuck” in the exchange due to technical issues. One specific example of this is when users couldn’t complete any operations with Metaverse ETP funds.

What are HitBTC alternatives?

Fast ever withdrawal, trading in milliseconds Where you go to sleep with your two eyes closed. Say goodbye to is paying systems and join CRECOVEfor your financial breakthrough. We may receive financial compensation from these third parties. Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. A hyperlink to or positive reference to or review of a broker or exchange should not be understood to be an endorsement of that broker or exchange’s products or services. These issues are not insurmountable, but they are definitely more confusing that many new users are willing to tackle.

• This isn’t clearly spelled out in their support page and the process itself is very inconsistent.
• We approach matters of security and compliance with utmost care.
• Once your deposited funds show up in your HitBTC account, you can then make your first trade.
• That said, the actual mechanics of how the site works and how a user trades are surprisingly straightforward.
• If the whitelist is enabled, you will only be able to withdraw cryptocurrency to whitelisted addresses.
• Don’t invest in crypto assets unless you’re prepared to lose all the money you invest….

If you haven’t quite got the time to read our review all of the way through, then we concluded by noting that we cannot recommend HitBTC as a credible exchange. The platform not only has a history of moving from jurisdiction-to-jurisdiction, but it has a significant number of bad reviews in the crypto community. https://www.tokenexus.com/ If the safety of your funds is your top priority (which it should be), we instead prefer heavily regulated platforms like Coinbase. Not only do they hold two regulatory licenses, but the platform is simple to use, it allows you deposit funds using multiple fiat options, and you can even short coins.

HitBTC Fees and Limits

For the beginners, HitBTC exchange offers an opportunity to try and trade cryptocurrencies on its demo platform first. You can register and access the demo platform by clicking the demo option at the bottom of the screen or by simply typing demo.hitbtc.com into your browser. That said, the actual mechanics of how the site works and how a user trades are surprisingly straightforward.

• I reached out to Markkcoy via (telegram) and i amazed how they made the best out of my situation…
• For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety.
• Using it, you can buy cryptocurrency instantly with your bank card (VISA or Mastercard) and send it directly to your HitBTC wallet to start trading immediately.
• You can enter the cryptocurrency you want to purchase on the trading screen and select your favorite trading pair.
• The support team has replied to you on September 16th 2021 and provided you with instructions.
• You would have to sign up and create a new account with Weltrade in order to start trading with the MT4 software.

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. When a company like HitBTC breaks our trust, they HitBTC Review make themselves immediately irrelevant to the needs of the market. Only then can the better exchanges rise to their deserved level of prominence. 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.