Overall, the HitBTC incident of 2015 wasn’t a major problem. Of course, many people will argue the fact that the exchange can freeze funds whenever it sees fit is a negative when considering security. However, the negative reviews about HitBTC mostly mention its poor customer support and slow withdrawals. You must create a different account for the demo platform. HitBTC exchange offers beginners the chance to practice trading cryptocurrencies on its demo platform first.

• The first time I tried to withdraw my affiliate Bitcoin balance from HitBTC I had 0.25BTC waiting for withdrawal + another $600.
• HitBTC is one of the largest cryptocurrency exchanges in the world for daily trading volumes.
• HitBTC supports a huge number of cryptocurrencies.
• Then, go to your private wallet, paste that address, and transfer your funds.
• Another unique feature of HitBTC’s platform is the ‘Trollbox’, a live comments section where traders can engage in discussions and speculate prices.
• HitBTC is a good platform for experienced traders, just be prepared to wait to get your money.
• Personally, I would choose Binance since I value reputation more than anything, however it really depends on your needs.

The company operates as a third-party middleman between buyers and sellers, making a profit in trading fees along the way. All you need to do to get started is register a Bitcoin account, deposit some funds, and then proceed with your cryptocurrency purchase. If you then plan on keeping hold of your coins long-term, you should consider withdrawing them to private Bitcoin wallet , as opposed to keeping them in your online HitBTC wallet.

Part 2 THE WHOLE COMPANY IS CORRUPT FROM THE TOP TO BOTTOM

The account manager kept ignoring when i wanted my withdrawal, they refuse to let me withdraw but want me to put in more money. I was advise to opt out fortunately i read about an expert on a forum that can help with refund. I reached out to Markkcoy via (telegram) and i amazed how they made the best out of my situation… Our KYC procedure complies with international AML policies and is in line with GDPR. Users in the US should verify the availability of HitBTC services in their region and ensure compliance with local regulations before attempting to use the exchange. It’s important to note that withdrawals are subject to fees and may require completion of KYC (Know Your Customer) procedures.

The process of depositing and withdrawing is simple and straightforward. All users have to do is to navigate to the “Account” tab and select the cryptocurrency. The withdrawal process usually takes several minutes and highly depends on https://www.tokenexus.com/ the cryptocurrency and network speed. Please note that the verified users on HitBTC fall into their tier fee system. According to the tier fee system, the fee is determined based on the user’s trading volume during the past 30 days.

How much are HitBTC exchange fees?

One specific example of this is when users couldn’t complete any operations with Metaverse ETP funds. By not allowing users to control their own funds and shutting down/freezing certain coins, HitBTC runs the risk of creating continuous issues for some traders. HitBTC is a well-known and secure cryptocurrency exchange with the most diverse cryptocurrency market selections and excellent exchange rates. The exchange is relatively simple to use; however, it’s best suited to more experienced traders. When the deposited funds are added to the account, you’re all set to start trading.

HitBTC’s trading view is all-inclusive, and includes most of the relevant data sets that traders rely on to make smart and profitable transactions. The interface is simple enough, and contains most of the necessary tools required to explore price trends hitbtc reviews and make future predictions. The exchange supports market orders, limit orders, scaled orders, stop orders, and post only orders. In the case of upgraded accounts, users with a 30-days volume under 10 BTC are expected to pay a 0.09% maker and taker fee.

How to pick the best crypto exchange for yourself?

The clause came into effect recently and my money had been held by them since 2019. Like most normal humans I don’t constantly check terms and conditions to look for changes. Locked my account without notice claiming “inactivity”, now they want me to expose private details from a different exchange in order to access my account again?