Hotbit Review

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Hotbit seems to charge no deposit fees, but extremely high withdrawal fees. Furthermore, they have elsewhere been accused of creating fake trading volume. When you use Hotbit, so long as the platform supports your token, all cryptocurrency deposits are free of charge. It’s also important to note that Hotbit has also established strategic partnerships with two top audit teams in the industry, namely SlowMist and Beosin.

  • The people behind Hotbit outlines on their website that they believe in the core values of blockchain technology and Bitcoin.
  • For all traders alike, the charting interface is one of the most important considerations when selecting a crypto exchange to trade Bitcoins.
  • It has 1.5 million registered users from around 170 countries.
  • A list of top markets on Hotbit exchange based on the highest 24h trading volume, with their current price.
  • Email verifications – Whenever you would like to withdraw funds, an email will be sent to your email address for you to confirm if this transaction is legitimate.

NEXO was listed on Hotbit on May 7th, 2018, and then listed on Huobi on March 3rd, 2019. Beam was listed on Hotbit on December 31st, 2018, and then listed on Binance on September 16th, 2019. According to the data provided by relevant authorities, the security rating of Hotbit is classified as B+ . That being said there is no info on the team so I wouldn’t have more then a few ETH on there at a time. The company also stated that such database backup is done frequently, but will be “reset” to ensure that all user data is correct. That is, tokens that are seen most often as scams, some examples are SHIBA INU, Akita INU and Mutt Finance.

Hotbit Token Htb

Hotbit trading fees for both takers and makers are quite different. The fee that takers have to pay is 0.20% of the order value. This trading fee of takers roughly matches the average of industry standards. However, you will be glad to know if you are a maker, then you are paid for making a trade.

hotbit exchange review

If something goes wrong with your deposits you will lose your money. Therefore investors and future projects do not interact eith these exchange as they behavior is criminal. Also if you go on their channel and ask for help you get immediate blocked so there is no freedom of speech. Statistics showing an overview of Hotbit exchange, such as its 24h trading volume, market share and cryptocurrency listings. Hotbit has $276,422,279.79 trading volume.In which country is Hotbit registered? Hotbit registered in Estonia.How many trading pairs are traded on Hotbit?

Features Of Hotbit Exchange

In 2018, according to Coinmarketcap, Hotbit ranked #47 with the highest 24-hour trading volume that was USD 21 million. According to our Hotbit review, this platform also provides an IEO platform known as Polaris; this is considered as an initial coin offering only for exchanges. If you have used the Investment function and ETF products on Hotbit crypto exchange, you will see it is so easy to make money in crypto world.

He is passionate about cryptocurrency as an emerging technology and is heavily involved in the fast-growing fintech space. An experienced trader growing his portfolio since 2016, he has a strong understanding of investing in the crypto market using exchanges, brokers and derivatives platforms. HotBit does not offer a testnet or ademo account for crypto trading without a deposit. Users need to deposit funds into the exchange to trade cryptocurrency. Currently, Hotbit deposit fees are charged in 22 various cryptocurrencies.

What Are The 4 Best Reasons To Invest In This Exchange?

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