Review on Hotbit by Digital Convict
Low liquidity; High exchange & operability.
The investment pool is very broad and offers a vault for various assets, with attractive profit percentages; There are fixed and flexible.
Something that I think is important to highlight is that it has a list of EOS tokens, which can be exchanged for USDT, ETH or BTC๐ง.
It is something very useful to change the Blockchain.
It is a characteristic of flexibility that is enjoyed; Therefore, the price must be paid.
The withdrawal fees on some tokens are very high; It would seem that what is left is what they trade, because they have little liquidity.
Orders can be freely placed at the price you like and have the option of placing buy and sell orders invisibly; Sometimes this causes the market price to be very different from that of the dynamic market; It can lend a lot to price manipulation, if you want to sell fast you end up selling well below price
(On poorly liquid tokens, only).
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Pros
- Has a long list of tokens
- It has a utility token with which you can get discounts for your trading.
- It is a safe exchange.
Cons
- Poor liquidity
- In some tokens, the withdrawal fees are very high.
New products
Comments (1)
February 09, 2021
Almost all of the exchanges faces liquiditt issues with some coins and they improve with time by listing quality tokens and hotbit had some controversies but cope well with issues and Now it is far better than what it was used to be a year and half earlier. Something which they need to work is on Mobile App which use to hangs up a bit and takes long time to update deposits
