Please note that our KYC procedure complies with international AML policies and is in line with GDPR.We approach matters of security and compliance with utmost care. Our KYC procedure is thorough, but this is how we can be sure that we’re communicating with the actual owner of the account and that there is no problem with the source of funds being traded. Now, you can join contests, ace quizzes, read exclusive crypto insights, and unlock your potential in the cryptocurrency world with us. If you completed each of these steps you managed to successfully deposit funds into your HitBTC account. To initiate a transaction copy and paste your wallet address at a third-party service. All traders will be happy to hear that HitBTC is developing a mobile app for iOS and Android devices that you can download on Google Play Store and Apple’s App Store.

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Perpetual futures are less risky traders can use small amounts of money for hedging the market. More than that, the futures contracts use isolated margins. It allows traders to change the asset used as collateral for open positions. Supported currencies are BTC, ETH, TRX, BCH, ADA, DOT, SOL, EOS, AAVE, MATIC, XLM, UNI, LTC, and HIT. HitBTC cryptocurrency exchange is a platform created in 2013 that allows you to trade more than 300 cryptocurrency pairs.

I check out to get my coins and I found…

Next, our HitBTC exchange review will look into trading crypto on HitBTC. First, you must pick the main currency from the chart’s https://www.tokenexus.com/ header, followed by the trading pair. HitBTC provides a wide range of trading pairs for leveraged trading ranging from 3x to 12x.

• Like many other exchanges, HitBTC does not accept US-investors on its platform.
• After you know this, it’s easy to understand the user interface functionality.
• However, his criticisms were more to do with the large minimum buy in which could restrict the ability for poor investors to place funds on the exchange and buy coins.
• On the other hand, cryptocurrency as a deposit method will only take 20 minutes or so for the funds to show up in your account.
• The exchange is relatively simple to use; however, it’s best suited to more experienced traders.
• Deposits and withdrawals may be delayed if the HitBTC security system is triggered.
• You can also email them which will be replied to in 24 hours.

I sent my kyc request 9 days ago but…

Second, they say that it is “fast, responsive and feature-packed”. Third, they state that the platform has a “robot-friendly API”. Out of these three advantages, we dare to say that it is primarily safety and security that is equally important to all prospective traders. HitBTC uses cold storage to secure most of its funds.

Unresponsive support team

The fiat withdrawals and deposits allowed for qualified accounts are $10,000 per week and around $50,000 (EUR or USD) per month. HiBTC fees for withdrawals are unique in the fact that they aren’t hitbtc reviews based on transaction volume. For example, if you want to withdraw 10 BTC or 0.5 BTC, you’ll be charged the same fee. Fees are dynamic, and adjust with automatically with the market.

Eventually, all payments are processed as long as they’re not fraudulent. Founded in 2013, HitBTC has become one of the popular cryptocurrency exchanges operating internationally. HitBTC is currently placed under the management of the Ullus Corporation, and is known for providing retail traders, institutional investors, and merchants with crypto and fiat exchange services. HitBTC has over 800 trading pairs available, including Bitcoin, Ripple, Ethereum, Stellar, etc.

As mentioned earlier on, HitBTC supports hundreds of trading pairs and cryptocurrencies. Some of the most notable ones include BTC, BCH, LTC, ETH, ETC, EOS, DASH, XMR, ZEC, PAX USDT, and many others. This review will focus on highlighting everything there is to know on HitBTC, including but not limited to its trading fees, trading view, API, security, and more. Unfortunatelly I cant give 0 star to these cheaters. As I am a holder, I kept a certain amount of cryptos in my wallet. Just got back 1,5 year later to check, and it was gone!!

How to Buy Crypto on HitBTC

• In fact, a major cryptocurrency exchange hack seems to happen once a month, if not more often.
• When you buy coins from a trusted exchange, send them to a high quality crypto wallet.
• HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.).
• Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.
• With the mobile app, you can keep track of your portfolio, the latest market trends and price movements, and many more.

The trading will get completed after a few seconds. Some complaints concern the KYC procedure as it may take much time. KYC requires several online encounters with the support team members. In the cases, when each message takes a long time to be answered the withdrawals get delayed as they require the KYC completion. It contains information about new trading pairs on the exchange, the choice of a trading pair, the rate chart of the selected trading pair, the open orders of other users, etc.

But it’s clear that the issue has moved beyond simple negligence and that the company is not an active part in the restriction of some users’ access to their own capital. This is a distressing development for a well-known, high-quality exchange, once known for its wide range of supported assets and ease of use. But this is one of the possible outcomes for a financial services industry that is not well-regulated, and which has so much money pouring through it at all times. 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.