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Bandung
3 Level
52 Review
66.25 Karma

Review on HitBTC by Ayu Anggraini

Revainrating 2 out of 5

Hitbtc and my experience

Hitbtc is a platform that supports crypto asset trading and exchange. I will review a little information about services and my experiences while using this exchange. At the time of this review, more than 800 pairs of digital assets have been traded there. Hitbtc is famous for places where start-up blockchain companies who have completed the initial coin offering process could issue heir tokens on hitbtc quite easily. My experience starts from 20 January 2018. At that time I made an xvg or verge deposit, and then my deposit did not appear in my account for days. After it appears, the deposit cannot be transferred to the trading account and cannot even be withdrawn. Actually at that time there were no coins that I could withdraw. And even though the platform says that withdrawal was successfully submitted, but no transaction will go through the process. No answer from support what so ever. Tons of people also have the same problem. Gladly the amount is not that much, just a couple of hundred dollars. I can't imagine what happened to people who deposit 100,000 tron ​​etc. In addition to the deposit problem, other traders also experience the same thing from making withdrawals from crypto such as bitcoin, ethereum, storm, and so forth. At that time I asked my friends not to deposit and trade there until there is no deposit and withdrawal problem. ecause my coin is stuck on this exchange, I missed the pump that happened to the xvg coin. When my capital was put on hold by Hitbtc, the price of XVG was doubled. And after that, hitbtc released my xvg assets only after the xvg price dropped to a very low price. I often find this exchange doing strange things like holding withdrawals and deposit a particular coin. As a result, the price of these coins surged very high compared to other exchanges. Is this a game from the insider party in hitbtc exchange? Or is it just an accident that happens repeatedly with the same pattern? I leave the reader to judge for themselves.

other than that, the cost of withdrawing some crypto is very unreasonable. for example on Revain or rev token, hitbtc will deduct $8.00 /
756.9 REV. I highly recommend Revain readers withdraw money in the form of doge from hitbtc because the cost is very cheap compared to other crypto. The fee charged by hitbtc for withdrawing Doge coins is only 2 Doge.



Pros
  • Hitbtc HitBTC has a friendly user interface
  • Hitbtc has a wide selection of features, and high liquidity
Cons
  • Hitbtc has a Bad Online reputation
  • Hitbtc has a poor customer support and list a lot of bad projects

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