Many people think and are convinced that emerging competition is bad for their business and that is not so, a good friend of mine set up a sale of automotive parts and they put another one right next to his, he thought it was the end, but to his surprise sales increased, people visited more those sales because they had variety and security that they would get what they were looking for at a good price.
I make the above comment as a good analogy can be made, in my opinion and I have no doubt it is so, with good competition, every company is forced to improve and offer better options, lower their transaction fees, and that happens with exchanges, wallets and other crypto projects.
In the case of HBTC it is a young exchange founded in 2018, and currently based in Malta, enjoys the backing of powerful Asian financial companies, which gives it a good liquidity, and that for me is the first challenge faced by HBTC since its founding, since it is a decentralized exchange and that is precisely the first stumbling block faced by DECs, Before commenting more in depth its main features, after registering, something very easy and quick, the first thing I looked for by the announcement in Revain, was what token they accept of the REV cryptocurrency, and I can announce that they accept both the ERC20 of the Ethereun platform and the TRC20 of the Tron, and that is a good starting point to be part of my exchanges in use.
I haven't traded with the platform yet, but in my review I was able to gather some features such as:Very easy registration. It operates with the main cryptocurrencies and several trading pairs, REV is related to USDT, it has several financial options apart from the basic ones in the Exchanges.
I recommend this exchange for its low withdrawal and transaction fees, security and the strong technology behind its development. It will continue to grow and we will see it among the big exchanges.