HiBTC fees for withdrawals are unique in the fact that they aren’t based on transaction volume. For example, if you want to withdraw 10 BTC or 0.5 BTC, you’ll be charged the same fee. Fees are dynamic, and adjust with automatically with the market.
How do I know I can trust these reviews about HitBTC?
- HitBTC is a cryptocurrency exchange that has carved out a name for itself since its inception.
- Those who trade BTC or more in 30 days receive a 0.01% reward.
- HitBTC is known for the fact that thanks to the API, the exchange can be quite friendly to people who are involved in the creation of trading bots.
- Also, a big advantage for advanced traders is the API for using bots, which helps to trade cryptocurrency automatically.
Go to your email address and open the email from that is labeled “Withdraw request.” Click the link to confirm to send the transaction and return to your account page. According to the exchange, the OTC service is opened for users looking to trade above $100,000 worth of cryptocurrency. HitBTC Review Through the OTC layer of insulation provided by HitBTC, price fluctuations will have little to no impact on prices. HitBTC currently charges a 0.1% commission on OTC trades. Those who are interested in the service, must apply via the exchange’s partner website, TrustedVolumes.
Customer Service Experience
- Further, the copied address must be pasted into the column “Recipient address” in the wallet from where you transfer funds.
- The exchange has developed over the years to provide high volume trades on a secure platform that monitors and constantly updates users on the status of the system's health.
- The company behind HitBTC is called Ullus Corporations.
- Hence, if you want to have a real trading experience without risking anything, you should definitely give it a try.
- Beginners who are unsure of what to make of the information or how to go about cryptocurrency trading will appreciate the information on the blog, which includes plenty of trading tips.
- The Demo option is available at the bottom of the screen, or you can directly click here to enter the demo.
Users can fund their accounts with cryptocurrencies for free. There is no option to deposit fiat money on HitBTC, however, registered users can buy cryptocurrencies on the platform. In this case, the fees are set by payment providers — MoonPay and Banxa.
Trading Limitations
HitBTC has an awesome Rest & Streaming API interface, providing programmatic access to the exchange’s trading engine. I approached them.Ticket# Alex BiescasVictor Serrano Emilio SanchezThese are the support agents that I have had the misfortune of dealing with. I do not recommend that anyone use HitBTC, it is a scam.
Sometimes technical maintenance requires additional effort and time. In this case, we need a while longer to complete the work on the DOGE wallet. The prices are suggested by the sellers, not by the exchange. Other than this, users can deposit and withdraw to HitBTC using most of the supported cryptocurrencies. Deposits are processed after at least once confirmation is received, whereas withdrawals are theoretically processed instantly.
How to Withdraw from HitBTC
Like many other cryptocurrency exchanges, HitBTC has opted for trading fee tiers, meaning that fees are directly dependent on the trading volume of each user. However, there are three account types, these being starter, general, and upgraded. It’s only the upgraded account type that provides variable trading fees, granted that starter and general account holders must pay a standard 0.1% maker fee and 0.25% taker fee. It is a regulated company with headquarters in San Francisco. The service appeared in 2012 and in the first two years managed to attract more than a million users. Informative official website, quick withdrawals, professional support managers, etc. - All these factors make interaction with the platform comfortable.
Some of the exchange’s main selling points include smooth order execution, limitless liquidity, but also a simple, yet powerful trading terminal. Featuring over 800 trading pairs and more than 500 spot instruments, it’s no surprise that thousands of users worldwide leverage HitBTC’s trading services. Information about fees for inactive accounts is public and can be found in our Terms of use (clause 17.4).Please note that HitBTC is not the only platform to implement the inactivity fee policy. This is a standard practice that exists in other exchanges as well. You can find information about fees for inactive accounts in our Terms of use (clause 17.4).Please note that HitBTC is not the only platform to implement the inactivity fee policy.