Review on HitBTC by Adedayo Adeniji
HitBTC an old times exchange
This I tender as my findings about HitBTC that it is one of the oldest unregulated bitcoin exchanges founded in 2013 and registered in Hong Kong. It deals with wide variety of digital assets, including most popular cryptocurrencies, HitBTC is meant for the advanced cryptocurrency trader interested. It offers high liquidity without imposing KYC measures on its users. It is remains one of the few exchanges without a hacking experience, all unverified accounts pay 0.1% for maker and 0.2% for taker trading fee while upgraded accounts enjoy lower fee and a user-friendly robust and robot API
It has a demo account for the purpose of building traders’ courage and familiarity with its interface, it has restriction for some countries, for cryptocurrency deposits and withdrawals, there are no fees for making deposits with HitBTC but there are flat fees for withdrawals, and these is high for some of the newer cryptocurrencies and it can be said that its withdrawal fees are high. It is doing as regards security with good measures in place and more reasons for not ever recording being hacked.
HitBTC has mobile app for iOS and Android devices and the app is available on Google Play Store and Apple’s App Store. HitBTC has a support centre for both frequently asked questions and ticket submission. It used to support fiat currencies but not anymore instead changelly integration is being used to deposit fiat now.
I recommend HitBTC for advanced traders cause its interface can be confusing to new users.
Pros
- Wide range of cryptocurrencies to trade with
- Does not impose KYC
- Still simple to use despite its busy interface
- Extremely low trading fee
Cons
- It is unregulated
- Not for newbies
