Review on HitBTC by Serkan Özdemir
HitBtc
Many traders would really enjoy trading this machine! The UI is great and the execution is fast and slick, as well as inviting and comfortable to trade. Some exchanges are just very basic and uninviting, whereas HitBtc is very smart, professional and inviting. There are always tons of trading competitions on the go, if you are a trader prone to taking up the challenge.
The account section seperates your wallet balance from your trading balance, so you have to move funds into your trading account in order to trade. I really enjoy this aspect, as one can seperate profits in the wallet balance and continue to trade with the assigned trading capital.
For those who wish to compartmentalize funds even further, HitBtc also provide the option of sub-accounts! I have mentioned in previous posts that I am a huge fan of sub-accounts. I like things organized, seperate and tidy and sub-accounts definitely help make that possible.
I guess there always has to be something that is not quite perfect and when it comes to HitBtc that is the withdrawal fees. Trading fees are standard and competitive with other exchanges in the marketplace. However, I have noticed that the withdrawal fees are quite heavy relative to other exchanges. If you are trading spot for profit, then there is a silver lining! Doge withdrawals are the only reasonably priced fees that I have seen, at only 2 Doge. So traders trading for profit can convert profits to Doge and withdraw in an inexpensive way.
Pros
- Fast
Cons
- High commission
