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371 Review
-127.75 Karma

Review on HitBTC by David Olayide

Revainrating 2 out of 5

HitBTC Is Under Performing

HitBTC is a cryptocurrency exchange platform that is popularly known for supporting a vast amount of digital currency. The major thing that brought my attention to this exchange is the amount of negative feedback about the exchange platform's response time and reliability. Very little is known about how the company started up and even its founders are not well known. When I discovered this I began to have second thoughts about using the platform for my crypto trading.
The exchange platform supports an astonishing amount of about 800 digital assets and this is a very high number. But there is no fiat support. You cannot trade in your crypto for fiat currencies. The transaction charges are almost average. For example, the higher your transaction is, the lower you will have to pay for charges.
HitBTC cannot be used in the USA, Cuba, Sudan, and a host of other countries. Generally, the reviews that people give about the platform are mixed as there are different types of complaints. This means that they have to improve their services.
Personally, I would not recommend or refer anyone to this platform yet until they can solve the problems they are having. However if you are an experienced trader you could make use of the platform very carefully. Still, it is hard to trust an exchange platform with so many flaws and danger lights, so if you want the best for yourself it is best to stay away until they can resolve their problems to customer satisfaction.
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Pros
  • Large number of digital assets available to trade
  • Average transaction fees
Cons
  • Little or no transparency
  • There are a lot of complaints about the platform
  • Bad track record of fraudulent activities as seen from multiple client reviews

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