Trading Fees

5 stars based on 59 reviews

There are hitbtc fees book many cryptocurrency hitbtc fees book on the market nowadays, how do you decide which one you should choose? There is no easy hitbtc fees book but we are going to look at HitBTC and try to gauge how they operate and whether you should look to deposit into one of their accounts.

HitBTC is one of those. HitBTC provides various good features, one being an API that hitbtc fees book parties can use on their sites, however where it does fall short is having a dedicated mobile app. Not many exchanges do have them but the larger ones like COinbase do, we think hitbtc is closing in on that territory.

Not having an app does make the user-base limited, with users either having to use their mobile web-browsers or desktop to access the website. This feature already puts it in front of a lot of other exchanges hitbtc fees book it opens them up to first time investors, whereas the likes of Bittrex have to rely on those newcomers going somewhere else before making their way to the Bittres platform.

This review aims at make it easy for the user to decide which crypto-exchange they would prefer to use. HitBTC was founded by using 6 million euros of venture capital money.

It has hitbtc fees book been revealed yet, who was the founder of this website, or the mastermind of this platform. It looks to simply be a venture by a company who thought it would be a good idea to start hitbtc fees book cryptocurrency exchange. There was also some association with Cryptopay however that hitbtc fees book was cut short and the Cryptopay founders decided to exit from any involvement in the platform, a clash of direction is probably the nicest way to put it.

Despite any difference in opinion, Cryptopay tokens are still listed on HitBTC exchange, meaning that the relationship is not completely over. HitBTC was hacked once in early Although not to much came out about it in the press, users were vocal of their displeasure on online forums and review platforms. HitBTC did not cover themselves in glory as they refused to provide any information about the incident. Many users complained of their coins being 'lost' on the platform, as well as delayed or no withdrawals from the exchange.

The fees structure of HitBTC exchange is different and fairly competitive when compared to other exchanges out there. This mechanism or design is followed nowhere else and very much a way of inviting users to buy and not to sell their coins. Every exchange charges both sides of the trade in some form or another but HitBTC is the only one to offer a rebate when buying. There might be plenty of advantages to using Hitbtc fees book, but a review is incomplete without discussing the downsides.

The disadvantages of HitBTC are. They provide the users, access to hitbtc fees book 2FA two factor authentication on their accounts, and additionally they also issue frequent warnings regarding protecting your accounts from malware attacks.

Some hitbtc fees book the ways by which users can do so is by setting a strong password and not sharing the details anywhere online. HitBTC pulls a crowd of somewhere around Although significantly lower than Coinbase million and Binance millionHitBTC is still considered a smaller exchange than these.

Considering some of the bad press and negative reviews, HitBTC still manages attract large amounts of traffic to its site. It will need to up its game to be competitive with other exchanges on the market though. USA is followed by other hitbtc fees book like - Russia 6. Social media websites play an important role when popularising a hitbtc fees book exchange or setting trends. While registering for hitbtc fees book new account on HitBTC is easy, verifying your account can take some time.

Do not expect a quick turn-around from HitBTC's side, users often complain hitbtc fees book a very slow verification hitbtc fees book.

There are three types of accounts that HitBTC offers. But there is a daily withdrawal limit of EUR worth of cryptocurrency. HitBTC offers a complex hitbtc fees book informative interface for seasoned traders, and those who are looking for a platform where they can trade smoothly. It might not resonate well with newcomers and first time investors, but the interface is welcoming for the experienced.

Detailed charting is provided by their special 'Trading View', and a pop-up feature is available for in-depth chart analysis. The instrument list is placed next to the pop-up and is divided into four major categories. There is a news section which may come in handy when major news is breaking, you will quickly be alerted to it.

The HitBTC fees structure is one of the most competitive models among cryptocurrency exchanges. They only ask for 0. On the contrary, unlike other exchanges, they reward the makers with 0. The hitbtc fees book are the ones who buy crypto-assets or place bid-requests. This very much encourages users to buy and not to sell, make sure you have a plan when you begin trading.

There is no deposit fee for any cryptocurrency, but there are certain withdrawal fees that vary from currency to currency. Usually they charge only the network fee of the particular cryptocurrency, for Bitcoin it is 0.

HitBTC is certainly cheaper than a lot of its competitors, for instance Coinbase charges almost 1. Bittrex charges around 0. HitBTC is one of the only few with such low fees and a rebate for makers, something that rarely exists elsewhere.

Customer support hitbtc fees book HitBTC is not talked about very highly on social media platforms. The customer service executives are slow and do not respond as quickly as they should. HitBTC has a live-chat available in multiple languages, but customers issues appear to be in the 'pending' mode for a long time. HitBTC might have many advantages and upsides, but the disadvantages are so major that they cannot be ignored.

Out of all the downsides of HitBTC, it is the slow-withdrawals that they need to work upon to retain their users. Withdrawals not reaching customers on time, and lost-trades are the most frequent complaints from users. If they resolve some of these issues and focus on improving the experience of their users, they might have a higher user base in future. Buy Bitcoin Now Rank. Buy Now Go to eToro eToro. Read More Buy Now. Thank you for submitting your comment for hitbtc fees book.

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Follow us on Twitter or join our Telegram. HitBTC is an exchange for the experienced cryptocurrency trader. It focuses more on trades in paired cryptocurrencies than on buying, say, bitcoin or litecoin with euros or dollars. Yet despite its initially dizzying layout of graphs and tables, its basic workings make it easy to use. Its harnessing of two-factor authentication also makes it a secure exchange, while the ability to trade between a pair of currencies can help users make bigger gains than usual.

There are also reports from forums regarding reliability, with some users having difficulties withdrawing their funds. There are no fees for making deposits with HitBTC. However, there are flat fees for withdrawals, and these can be particularly high for some of the newer cryptocurrencies listed on the site.

As an example, the following is a list of the one-off fees charged for withdrawing some of the more popular currencies:. There are also exchange fees for trading i. For instance, if the user wishes to buy 0.

Launched to the public in February , HitBTC is an advanced exchange specialising in paired cryptocurrency trades. It exchanges a wide variety of digital currencies, including bitcoin, ethereum, litecoin, dogecoin, monero, dash, and USDT tether. This raises questions as to its reliability. HitBTC does security well. For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety. And just in case someone else happens to be logged into their account, they can click a button which terminates all sessions except theirs, while they can also choose to automatically logout of all sessions at a chosen, regular interval.

For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is at first a dizzying experience. Much of this initial complexity comes from how HitBTC is focused more on the experienced trader than on people new to cryptocurrency. That said, the actual mechanics of how the site works and how a user trades are surprisingly straightforward.

Users complete trades by making a deposit of a chosen cryptocurrency into the wallet HitBTC provides them for it, using the deposited cryptocurrency to buy other currencies, and so on, until they withdraw their gains to an external wallet.

Similarly, to withdraw a particular cryptocurrency, users need to withdraw to a wallet for that currency they have with another exchange. If they want to deposit to and from their own bank account, users need to have their HitBTC verified. This is a bit more time-consuming than with some other exchanges, since HitBTC ask for the following:.

Pros Massive range of cryptocurrencies Simple to use, despite busy interface Paired trading offers opportunities to earn more Cons Serious reliability and transparency issues Support can be slow and unresponsive Not for beginners. As an example, the following is a list of the one-off fees charged for withdrawing some of the more popular currencies: Background Launched to the public in February , HitBTC is an advanced exchange specialising in paired cryptocurrency trades. Security HitBTC does security well.

Usability For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is at first a dizzying experience. This is a bit more time-consuming than with some other exchanges, since HitBTC ask for the following: Exchange rates and other info.