Review on HitBTC by ismail karasahin
Is security a problem for this exchange?
A cryptocurrency exchange with hundreds of trading pairs and a high transaction volume. Cryptocurrency pairs that are not available on many exchanges are available as trading pairs with both BTC and USDT on this exchange.
At the same time, it is especially preferred by many users as it does not require KYC. It has an easy to use and visually simple interface.
However, on the downside, the exchange does not have a reference system. At the same time, there is a lot of news about the unfair confiscation of the balance of many users on the internet.
A friend's $ 50 DCN coin was recently confiscated during withdrawal.
I can't say anything positive or negative in terms of withdrawal transaction fees, because if you withdraw DOGE the transaction fee is only as low as 2 DOGE, but if you withdraw a cryptocurrency like Ripple, the transaction fee can reach several dollars.
Finally, this exchange is also a nice exchange that can be preferred if you want to trade various altcoins (provided that there are not very high amounts). However, using it as a wallet is quite risky in terms of security, so I wouldn't recommend it.
Pros
- There are many trading pairs.
- KYC not required
- Transaction volume is relatively high
Cons
- Troubled in terms of security to the exchange
- There is no reference system
- Not many events are organized for incentives
- It does not have any mobile application
