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Gombe, Nigeria
4 Level
166 Review
30 Karma

Review on Hotbit by Emmanuel Sunday

Revainrating 4 out of 5

Hotbit review; credibility

Hotbit recently on 8 September 2020, a report was filed against it on cryptowisser, this is due to bad reports from users, that withdrawals are no longer possible. This exchange has been claimed to be scam on many platforms and they advised that we stay away from it. I downloaded it's Mobile app months ago, but I couldn't use it due to bad reports I received

On a general note, hotbit was launched January, 2018, whose origin country us unclear. They claimed Shanghai game tree information technology is the company that owns it, and from the name, it is assumed to be a Chinese company. Early this year, they claimed to be partners with blockchainer, mytoken and wanderin. The company seems unclear but when talking about it's ranking, and popularity, one may begin to wonder how they got there with all the bad reports

The exchange is known for it large amount of currency pairs, its high liquidity, its high security, up to 2 factor authentication and 24 hours support response
Liquidity, it has one of the highest trading volume, 47th position. 24hours Trading volume of about $21million. It has reached billions several




Pros
  • They have a very good trading view, a nice graphic. It is very easy to
Cons
  • It receives bad report constantky online

Comments (1)

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January 06, 2021
Oh boy, the bad reports made me run from hotbit, its too much. After loosing a lot of funds to online businesses, just one bad reports even from the smallest site is enough for me to back off