HitBTC Review 2021 READ THIS Before Investing

HitBTC Review

Your order will process as soon as possible but at the standard fee of .1%. If you instead choose to place a limit maker order you will receive a .01% rebate for the value of your trade. If you want to make more strategic moves it’s possible to set up a range of scaled orders for eventual execution.

HitBTC Review

As such, trading on HitBTC may not be too difficult even for complete beginners. In this regard, HitBTC withdrawal fees are some of the highest amongst all cryptocurrency exchanges. Since then, the exchange has made a name for itself as a go-to place for buying and selling low https://www.tokenexus.com/ cap altcoins. It’s also one of the few exchanges open to bots, providing a range of APIs that help tech-savvy customers trade automatically. The HitBTC exchange is considered a legit & safe trading platform as it has included many security features to protect its users.

Step 4: Complete the Trade

They also have an advanced tracking and link creation system where you can create different links and monitor their relative performance in your affiliate dashboard. There is a minimum requirement for a withdrawal of your affiliate commissions and that is 0.1BTC. It’s important to note that when you trade with this MT4 platform, you are trading CFDs (Contracts For Difference). These are derivative instruments which means that you are not buying the underlying asset but merely trading on the price difference. You can also use the MetaQuotes coding language to develop your own trading bots.

This makes it not beginner-friendly and extremely restrictive. HitBTC has some of the most in-depth and trader-friendly features on the market. Two-step authentication, advanced encryption, and a relatively clean track record are all pros for HitBTC. From the ticket you shared it’s clear that you’re experiencing issues with account verification. Please make sure to carefully follow the instructions from the Support Team and make sure the submitted documents meet all the requirements.

Company

Here is how the lowest tier HitBTC fees fare with other popular cryptocurrency trading exchanges. €œSometimes, when our security measures are triggered, withdrawals can be frozen momentarily. This happens for safety reasons only – it is standard procedure, and we do it simply because the security of our customers is our top priority,” HitBTC spokesperson told Cryptonews.com. The withdrawal fees will vary from token to token, and you can see the full list for yourself once you have made an account. Still, there are users who have complained about higher withdrawal fees, which you can even check for yourself when you go to sites like Coinmarketfees. Like other exchanges, the trading fee structure is centered around an individual’s 30-day trading volume.

  • There is a minimum requirement for a withdrawal of your affiliate commissions and that is 0.1BTC.
  • 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.
  • If the user wants to trade with HitBTC, they should add funds to their account first; they can go to the account section where their fund balances are displayed.
  • Sometimes technical maintenance requires additional effort and time.
  • It does offer one of the broadest cryptocurrency markets selection in the entire industry, and its trading fees are the lowest, too.

This allows you to block withdrawal transfers from any wallet you haven’t pre-approved. Select Whitelist from the tabs at the top of your screen and choose Enable Whitelist. You can then add in as many different approved wallets as you like, for as many currencies as you wish to trade.

Is HitBTC legit crypto exchange platform?

Then, go to your private wallet, paste that address, and transfer your funds. I was reluctant to sign up with any company offering binary options trading after my initial

Experiences went terrible, but after some research I found h̲e̲l̲p̲@̲b̲a̲y̲c̲o̲r̲d̲. After

Reading all of the positive reviews I felt compelled to try it out for myself, and after only a few

Days, they help me to get back my funds.

Still, according to its PitchBook profile, the only two names that are mentioned with regard to its team are Dave Merril and Nick Jonson. Dave Merril apparently holds the positions of founder and executive. For some cryptocurrencies, you will also need to copy and paste your payment ID that’s also called “Destination Tag”. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

I haven’t used this exchange for a long time, and I am very glad that it hasn’t only not become worse, but has improved in some aspects. If we talk about the mobile app, then it has become at least more optimized and convenient. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework.

HitBTC Review

It’s important to point out that there is no financial service in the world which is completely trustworthy. As years go by, even the best banks and financial services get old, corrupted, or irrelevant. It’s up to the consumer to manage their funds carefully, even when using financial services like HitBTC and other crypto exchanges.

Communicate with HitBTC

The withdrawal process for HitBTC is the same as the deposit. You select the currency balance you wish to withdraw and then HitBTC Review enter in your destination address. Make sure you check the current withdrawal fee before processing your transaction.

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