This review will focus on highlighting everything there is to know on HitBTC, including but not limited to its trading fees, trading view, API, security, and more. HitBTC supports two-factor authentication for user’s accounts to add an extra layer of security. The security section in the “Setting” menu also allows users to check all the logins of their accounts. They should look for the IP address or location they don’t recognize.
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Following account creation, you must log in to your HitBTC account and make a deposit. While using a bank transfer to deposit funds, users are required to go through a lengthy verification process. If you deposit cryptocurrencies, you don’t need to prove your identity, and the funds will be available in your account in less than 20 minutes. When they have transferred funds to the trading wallet, they can proceed with trading. The user can see the open orders displayed on the screen, and they can also find a user chat on the same screen. After creating the account, the user should proceed with HitBTC login and deposit funds.
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- HitBTC features extremely liquid marketplaces for trading digital assets, tokens, and fiat currencies (USD, EUR, etc.).
- Another unique feature of HitBTC is that it allows demo trading, which is extremely rare in the world of cryptocurrency exchanges.
- Customer support on HitBTC is accessible through multiple channels, including an online support form and direct email address.
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HitBTC Pros and Cons
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 HitBTC Review and autonomy. Customer support on HitBTC is accessible through multiple channels, including an online support form and direct email address. While there have been mixed reviews regarding response times, the exchange makes an effort to address queries and resolve issues, ensuring users have support when needed.
What is the history of HitBTC?
They should transfer their funds from their main account to their trading account. We approach matters of security and compliance with utmost care. Our procedure is thorough, but this is how we can be sure that we’re communicating with the actual owner of the account and that there is no problem with the source of funds being traded.
A lot of exchanges are offering support via Telegram and also using Twitter to reach out to users with solutions. There have been a growing number of complaints by users of accounts being frozen and withdrawals being prevented. As an experienced exchange, HitBTC takes security seriously. It has multiple strategies in place to keep your information and account safe. HitBTC strongly encourages users to take advantage of the two-factor authentication. It also uses cold storage for most of its funds and relies on advanced encryption technology to hide your information from hackers.
Supported Countries and Cryptocurrencies
HitBTC Review: CONS
- After indicating your Email and Password, you will be asked to provide the Resident country, Full name, and Phone Number to finish the registration process.
- The user clicking the exchange button will be taken to the trading area.
- You could also do this on any other exchange that offers fiat trading options.
- In 2021, HitBTC added fiat-to-crypto and margin trading options.
- However, for higher withdrawal limits and certain other functions, completing the KYC process may be required.
- HitBTC strongly encourages users to take advantage of the two-factor authentication.
