Hotbit Exchange has a straight forward user interface. Easy to use and understand. The website of this Exchange is not mobile friendly hence they have a mobile app for mobile users.
The Exchange offers Trading, Deposit and withdraw, and a form of staking which it calls "Investment".
In my opinion Hotbit offers the highest number of cryptocurrencies available for earning interest. Over 30 coins are available to earn interest at the time of writing this review.
Overall Hotbit is good…
Pros
2fa authentication on Log-in and withdraw.
No kyc required for withdraw or trade.
Register with Email or Phone number.
Fast withdraw time.
Offers interest rate on locking a long list of coins.
We go from the good to the fatal of HotBit. In principle the exchange is presented on its website as "The world leader among cryptocurrency trading platforms" focusing on "Efficiency, Flexibility, Variety, stability and Security ", I repeat according to the website.
More than 500 cryptocurrencies and tokens are available on the platform, Bitcoin, Ethereum, EOS, Litecoin, Ripple, Ethereum Classic, bitcoin cash, Nexo, and many more.
HotBit presents its native token called HTB with a value of $
Pros
Multiple cryptocurrencies available.
Mobile app
Cons
Multiple fraud complaints by failing to withdraw assets from the platform, HotBit social media is awash with negative comments and bad experiences from its own users.
Hotbit is one of the professional platforms for the exchange of cryptocurrencies and digital assets that provides users with various commercial and business services with the main currencies of the digital market such as Bitcoin, Litecoin and Ethereum and another great variety of ERC-20 currencies that They are present as the main quality digital currencies worldwide, providing users with various types of variation services in most digital currencies. This exchange platform also offers users…
Pros
This exchange platform has a wide variety of cryptocurrencies available.
Withdrawals and operations are done quickly.
It has a customer service available 24 hours a day, 7 days a week.
Cons
Trading fees are high within the exchange market.
Some users have had problems starting this exchange.
It cannot be traded in Fiat currency.
Some users have filed complaints about cryptocurrency loss.
The US-based exchange was established in January 2018. Hotbit's offices are registered in Shanghai and Taipei, but the company's license to operate in Hong Kong and Estonia.
The exchange is known for having the fastest listing speed of ICO projects, there are more than 522 trading pairs listed above. Currently Hotbit supports multiple languages to bring this globalization platform, they have attracted more than 540k users from many countries around the world.
The interface of this trading…
Pros
Hotbit has the advantage of listing many potential coins and tokens before they list on major exchanges.
There are more than 552 trading pairs listed on Hotbit
Good security, Hotbit has a team of security best practices. They also partner with the best security vendors
Hotbit provides 24/7 customer service
Cons
Hotbit lacks many of the professional trading features
It does not support margin trading
The volume trading is fake, service fees (withdrawals, trading fees) are high
Hotbit exchange is a new generation exchange established in 2017, its advantage is listing a lot of coins and tokens of ICO projects quickly. The founding team of this exchange has some experience in business development, their goal is to make Hotbit one of the major and widely used exchanges.
The fact that it used to be on the list of exchanges with large daily trading volume has helped many investors pay attention to Hotbit.
Hotbit supports trading on phones and computers quite convenient…
Pros
It constantly introduces and quickly lists cryptocurrencies from ICO projects, it currently lists over 514 cryptocurrencies and various trading pairs.
They provide customer service on full-time online platform
High trading volume combined with technology from wall street creates stable liquidity
adopt advanced security technologies that keep user assets safe
Available mobile app suitable for traders
Cons
Volume of trading suspected to be largely counterfeited
Service fees including withdrawals and trading fees are much higher than other exchanges
HOTBIT is a digital currency exchange platform that was launched in January 2018. Hotbit has intuitive interface that supports major cryptocurrencies and give investors offers to trade on long list of coins.
HOTBIT is accessible from any device, it supports mobile services and this makes it easier for traders that prefer use of mobile for there trading. It also has high liquidity.
HOTBIT has different trading fees for both takers and makers, and has a low trading fee.
Pros
Hotbit is secured, it includes two factors authentication
It supports mobile services.
Hotbit allows investors to trade with varieties of cryptocurrencies.
Hotbit has high liquidity, and an intuitive interface.
Cons
Hotbit does not allow deposit through fiat currency, which means new investors cannot trade here.
Hotbit is nothing more than a digital currency exchange house, it has 453 exchangeable currencies in its system on its platform, and can use BTC, ETH and USDT as a payment method. Currently, he integrated a deposit and withdrawal method in fiat USD currency with the Epay platform. It also integrates the option of being able to place casino bets on its platform with five games at your disposal.
Hotbit is based on a stock exchange that enables the exchange of cryptocurrencies and even with the
Pros
Platform available in 6 languages and 5 rates of currency exchanges.
It integrates a window for Dapp games, with casino games for betting.
It has hundreds of interchangeable coins.
It frequently carries out activities and promotions that favor its users.
Cons
Does not accept fiduciary deposit on credit cards.
Hotbit is my first exchange, from hotbit i learn how to trade. One of the easiest and smoothest mobile exchange apps I have used. I usually hate deviating from the PC to make trades but the hotbit app is lightning fast and reliable. Very easy to read and navigate. Support is fast and responsive and if you simply follow. But in my opinion hotbit exchange is too much using bot trade. One of the project from my country is really mad because hotbit bot, they said bot is always make the price going…
Pros
They allow new small project to list on their market
Hotbit It is a platform that has a bad reputation due to the large number of users who complain about its services giving bad reviews, turning it into a care platform on the net, This platform has complaints about its high rates and low speed transactions. But it is interfas it has an easy handling but it is not recommended for new users in the market Since they could suffer loss of assets by not knowing how to optimally perform operations It has a simple design but that does not mean that the
This platform has multiple complaints from users who have tried to carry out multiple transactions with its services, since they say that they have suffered losses due to their slowness in carrying out operations. But leaving that aside, this platform has a nice and easy to use interface with a list of multiple cryptocurrencies available to its users. It has withdrawals and deposits with a very good speed, being a positive and attractive feature for multiple users in the market. , this platform
Hotbit this is a cryptocurrency exchange that is very young but it is very good, this wallet came very well prepared so that investors can make their cryptocurrency transactions without any failures, this exchange only works with cryptocurrencies and does not support fiat currency transactions, as the interest rate for transactions is very competitive in the market, it hardly affects it since it has a flat rate of 0.1%. Hotbit is an exchange with an interface optimized for new users since its…
Hotbit is an exchange launched in January 2018 which offers the possibility to trade many very unusual cryptocurrencies.
There is no precise information about the place of registration of HotBit, but this centralized cryptocurrency exchange presumably operates from China. HotBit doesn’t support fiat currencies and operate on a crypto-to-crypto only basis. Traders are being offered a standard account with no option for leverage trading. It is compensated by the competitive fees. Both makers and
Pros
Impressive trading volumes for an exchange that has been operational for less than two years;
An extensive list of tradable cryptocurrencies with some of the hottest new ones (a reference to GRAM) about to be listed;
The fees are below industry average with the possibility of cutting the taker / maker fees in half by opting to pay them in HTB.
High liquidity thanks to partnerships.
Wide functionalitys
Stable platform with quick transactions
Cons
HotBit doesn’t support fiat currencies
Traders are being offered a standard account with no option for leverage trading.
I have used this exchange on a few occasions due to the bad reputation of the same, this supported by multiple tests in the network including it is possible to do one same monitoring of that, the problem lies in the transactions and daily volume, this is evidenced by people in various threads of reddit, medium and bitcointalk. also full post related to hotbit as a possible scam con. I do not recommend using it to make trading since it can have losses due to the slowness of your system and some…
Pros
Easy to use interface
The fees by negotiation are relatively low.
Diversity of cryptocurrencies listed.
It is possible to make purchases with the cell phone thanks to its application.
Withdrawals and quick deposits.
Cons
There are multiple data where it is stated that they inflate the volume of negotiation.
Different reddit threads have negative comments.
Retirement fees are high for some cryptocurrencies.
Hotbit is a relatively new cryptocurrency exchange that is poised to offer crypto investors the ability to trade a long list of coins. It offers a digital asset exchange platform that is well designed, intuitive to use and has support for the major cryptocurrencies.
Pros
The exchange is simple and intuitive to use and the trading screen is modern and well designed.
Trading fees are reasonable but withdrawal fees are quite high when compared to others.
A centralized exchange that tries to obtain optimal performance in the market, which also includes a wide variety of cryptocurrencies with good liquidity.
It provides market tools like other traditional Exchanges, as well as two-factor authentication, which also includes these features in the mobile version.
Something unusual is that the exchange is limited some information according to the fact that its section of questions and customer service was temporarily closed, therefore it will be…
Pros
Includes market and real-time graph
It has a huge variety of cryptocurrencies and tokens on the market.
Also available for mobile devices.
Very low trading fees in addition to being established equally by both creators and takers.
It has a native token in which commercial rates can be decreased.
Includes two-factor authentication.
Cons
Your mobile application is not in the play store session.
2fa authentication setting is required
The KYC process is very late.
Multiple complaints by many users from customer service.
Hotbit from my point of view is a very practical and safe exchange, the possibility of receiving some coins / tokens directly from the mining pools as I see it is a positive point, since it reduces the cost of whoever mines and expedites the realization of trades. Congratulations to the Hotbit team I hope they continue like this.👍
I've Hotbit account and deposited a large amount with no problems and boughBTC. When I tried to withdraw the BTC I got an error and got an email saying I needed to complete full KYC. This is very odd seeing as this is literally my ONLY transaction on this platform, one single deposit and one withdraw and I'm already required for KYC.
Fine. Got KYC done and still, they are not letting my BTC withdraw. Reddit and other forum are flooded with similar complaints.
This is unprofessional and th