HitBTC Review


Reading all of the positive reviews I felt compelled to try it out for myself, and after only a few

Days, they help me to get back my funds. I am already impressed and I can’t wait to explore more of their services. I have been trying to do a withdrawal and everytime, I am given some fee to pay. They refuse to deduct the fees from my balance stating that during withdrawal period, my balance is immovable.

HitBTC Review

To keep your account active, you can initiate any type of transaction with any coin available on the platform, not necessarily DAG withdrawals. In the end, HitBTC is still a desirable platform for advanced traders. Even though the reviews around the web tend to be negative, the advanced tools, fast trade engine, and detailed dashboard are all positives in its favor. It is definitely NOT beginner friendly, and support may cause a lot of headaches. But for high limits, a range of currency options, detailed information, and very low fees, it is worth the pain. Changing customer passwords so people can’t login and then taking forever to get the details again.

HitBTC Fees

The more people that do it, the more likely they’ll actually close down this exchange. We totally understand how frustrating it must be to not be able to withdraw your DOGE for such a long period of time. I am sorry to admit that in this case we need a while longer to complete the work on DOGE wallet. I’d also like to pay your attention to the fact, that while withdrawals are closed during the maintenance, trading functionality for your account was and is available at that moment. HitBTC was established way back in 2013, making it one of the few older exchanges within the crypto space. However, keep in mind that not all Altcoins are available, but most of the popular including Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Solana (SOL), Polkadot (DOT), and more.

Until you do so, some features of the exchange will be locked, which is good for your security. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. ​Here is a link https://www.tokenexus.com/hitbtc-review/ to a Reddit thread that attempted to paint HitBTC as a scam site; however, it seems that this person merely locked themselves out of their account. Also, the poster’s integrity was heavily questioned based on his claim and post history.

HitBTC Location, History, and Background

If you have ever used a cryptocurrency exchange before, then HitBTC works in exactly the same way. The company operates as a third-party middleman between buyers and sellers, making a profit in trading fees along the way. All you need to do to get started is register a Bitcoin account, deposit some funds, and then proceed with your cryptocurrency purchase.

There are a few reviews written previously that say fiat currencies (USD, EUR, GDP) are supported. However, the exchange website (in November 2018) now says it does not offer fiat deposits. However, you can buy Bitcoin using your Visa or Mastercard on another exchange called Changelly, which has partnered with HitBTC to offer this service. You could also do this on any other exchange that offers fiat trading options. BC Bitcoin is a cryptocurrency broker based in Lithuania that launched its service in and offers individuals to buy and sell more than 24 cryptocurrencies. After completing the registration process, you have to deposit some funds into your HitBTC account.

Top Spot Exchanges

The withdrawal process usually takes several minutes and highly depends on the cryptocurrency and network speed. Please note that the verified users on HitBTC fall into their tier fee system. According to the tier fee system, the fee is determined based on the user’s trading volume during the past 30 days. Transactions through Debit and Credit card is not available in HitBTC, so no fees for that.

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