Review on HitBTC by Ayu Anggraini
Things you should know about HITBTC
As a trader, i highly reccomend you to not touch this exchange except you can bear the risk. First time i make an account, i get hack attempt and successful log-in (yes you read it right, successful log-in) into my account just a day after new account has been created on this site. I do not know if this is a malicious act from insider or someone bad from no where. I did not put 2 factor authentication because i plan to do so in the next day. And i did not deposit any money before the 2fa take a place. So after this attempt, i still use this exchange and i like how much volatility here, you can see they have a lot of coins and new project easily get listed in hitbtc. For traders, this exchange is a well known exchange for traders to dump. So when a coin get listed here normally get dump very much because they did not like the exchange. They always have maintanance on some certain coin for long period of time. Suspend the deposit and Withdrawal for a long time which resulted the coins have higher price than other exchange and market manipulation. This exchange also have a bot which always go in top of my order or below my order which is so disturbing!They also have minimal limit of coins amount to trade which is very expensive (big amount) for some certain coins, have big fee to withdraw and charged you for deposit even for cheap coins! This exchange offer a lot of volatility. That is the only good thing about it in my opinion!But when it comes to customer service they never reply to my support ticket! If you are lucky maybe they Will.
They also have minimal limit of coins amount to trade which is very expensive (big amount) for some certain coins, have big fee to withdraw and charged you for deposit even for cheap coins!
This exchange offer a lot of volatility. That is the only good thing about it in my opinion!
But when it comes to customer service they never reply to my support ticket! If you are lucky maybe they Will.
Pros
- fast and stable
- Long log-in duration
- More volatility than other exchange
- Easy to get listed on this exchange
Cons
- Not safe
- High risk of hack
- Poor customer service
- Long periode maintanance
- Pump and dump coins
- Highly manipulative maret
New products
Comments (1)
April 28, 2020
Down to earth explanation on what is happening with hibtc, thanks for your clear review
