HitBTC Review: Fees, Safety & Much More

Our detailed price comparisons and cryptocurrency guides have you covered. Whether these comments and criticisms are warranted is hard to determine. However, our https://www.tokenexus.com/ would not be complete if we did not cover these points. In any event, you should never leave a large amount of coins on an exchange irrespective of its reputation. On this page, users can view key metrics for the system’s performance and availability, including live statistics of incoming/outgoing transactions. It’s important to note that when you trade with this MT4 platform, you are trading CFDs (Contracts For Difference).

• According to various customer reviews, HitBTC is relatively slow and sometimes non-responsive to questions from users.
• For those looking to deposit fiat directly via HitBTC, this option is apparently no longer available.
• I saw the price for dogecoins beeing very low there and fall for it, sended more money to buy.
• I’m sorry that it’s taking longer than you expected to resolve your issue.
• They’ve been accused of being “shady” numerous times.

How to Register on HitBTC?

Please note that KYC is not requested from every trader. HitBTC does have a KYC process, but whether it’s mandatory depends on the user’s level of activity and the type of transactions they are conducting. For basic operations and withdrawals, HitBTC may not require KYC verification, allowing users to trade anonymously to a certain extent. Enhancing customer support, HitBTC has developed a repository of resources aimed at empowering users with the information needed to resolve common issues independently. This approach not only streamlines the problem-solving process but also reflects a user-centric philosophy that places a premium on trader education and autonomy. The fee model employed by HitBTC is designed with a “maker-taker” system that encourages liquidity on the platform.

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Customer Support and Review

The customer support keeps asking for more details that have nothing to do with the identity confirmation. Except for visual confirmation of my identity they ask for proof of transactions. I sent them the screenshot of assets of the account I did many years ago. I could follow one because I had an issue ticket with HitBTC back then and could track the transaction.

What cryptocurrencies does HitBTC support?

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HitBTC gets a mixed of positive and negative reviews online. It now has a “Great” TrustPilot score and is doing much better than most other exchanges. Having said that, it seems that the company is suffering from long support response times and also withdrawal issues. The fee is applied as per our Terms of use (clause 18.4).

HitBTC Exchange Review – Fees, Pros, Cons and Features

• Before sending a question or concern, it’s worth seeing if you can find a suitable answer in the FAQ section.
• We talked and he promised that the issue would be taken care of.
• With a focus on providing a cutting-edge trading experience, HitBTC’s platform is geared towards those seeking a robust and dynamic trading environment.
• Even though liquidity is an important factor, it isn’t the only thing you should consider before using an exchange.
• Crypto exchanges are at the forefront of this transformation, playing a pivotal role in the integration of blockchain technology into broader financial systems.

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