Hitbtc Review

HitBTC is a cryptocurrency trading and exchange platform launched in 2014. Here you’ll find all most popular crypto-to-crypto pairs and such fiat currencies as USD, EUR, GBP. The liquidly of the platform is high due to steadily growing volumes. The platform guarantees a high level of security which is achieved due to such security measures as 2-factor authentication and an unblemished track record.

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Customer Support

You can get in touch with the customer support by sending an email to support@hitbtc.com or by applying a request through the application form on the site. Also, you can look for the answer to the most common issues in the user's guide. 

Fees

With Hitbtc you will pay only 0.1% on every market trade and benefit from a 0.01% rebate on LP orders.In addition, you will get a 50% discount on the trading fee if you pay using their tokens, that are called BNB. 

Currencies available

HitBTC supports more than 400 cryptocurrencies including the major ones Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), DASH, Ripple (XRP), Litecoin (LTC), VERI (Veritaseum), XMR (Monero) and many more alt-coins that are not available on other crypto-exchanges. 
hitbtc

How it works

The interface may seem a bit complicated and welcoming only for the experienced traders. No use to deny the informativity of the platform, that is highly praised by the seasoned traders and those who seek a platform that ensures smooth trading. Still, the newbies may experience certain difficulties when using HitBTC. A handy feature “Trading view” displays a detailed charting. The deep chart analysis can be fulfilled due to a pop-up feature. Near the pop-ups, you’ll notice the list of the instruments which is divided into 4 main categories. The order book with a neat layout is situated at the bottom of the page.

Brand Quality, Member Security & Site Safety

It has been already mentioned above that the platform’s interface will be enough complex for inexperienced traders. This can be explained by the fact, that the site places various information necessary for traders. But this may turn out too much for a newbie in crypto trading. The Demo mode will help you to get an idea how everything is organized on the platform, so be sure to check it before you make any transactions.
What concerns the security, HitBTC uses a 2-step verification process for all users through the commonly used Google Authenticator. This safety feature is used for all logins and withdrawals. Still, it is not used during the registration process, which is not good. So it’s better to enable it first in the Security setting and only then setup your account. Even if your trading volumes are low, keeping your account safe is wise. 

Bottom Line

The popularity of HitBTC is proved by the bitcoin trading volume Among its strong sides is offering of a wide choice of altcoins,  banking services to major market makers and institutional investors. However, HitBTC is not registered as a payment provider. Nevertheless, the exchange provides trading of 150+ different coins while traders who provide liquidity by placing their own asks and bids are paid a highly competitive 0.01% rebate.