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Bakingham
1 Level
108 Review
2 Karma

Review on Hotbit by Olivia Jones

Revainrating 4 out of 5

HotBit is a popular cryptocurrency exchange

Hotbit is a cryptocurrency exchange that debuted in January 2018 and allows users to trade a variety of odd coins.

Although there is no specific information regarding HotBit's registration location, this centralised cryptocurrency exchange is most likely based in China. HotBit is a crypto-to-crypto exchange that does not accept fiat currency. Traders are given a basic account with no leverage trading option. The competitive fees make up for it. Both makers and takers pay a 0.1 percent transaction fee, which can be reduced if commissions are paid in HTB, the platform's native token, which is used in many trading pairs on HotBit.

Pros
  • It is simple to use.
  • a number of different cryptocurrencies
  • Deposits and withdrawals are both quick.
Cons
  • With fiat, there is no market bargaining.