We are open! In 2013, an exchange revealed that they operate on the world crypto market under the brand – HitBTC. They offer no limit funding and crypto withdrawing, rather low fees, fast work, advanced security. What a way to start! Right? Also, thanks to platform designers for allowing people to chat and share their experience.
Now a reviewer from our expert group is opening up like nobody can about currencies, trading pairs, in and out transactions, verification, safety, sharing the details on trading, including the exclusive margin trading on HitBTC. To start with, HitBTC daily trading volume is roughly 28,000 BTC.
While making up his review of the Estonian project of Dave Merrill, our expert shared new nuances about the platform merits while also revealing some of the doubts he felt following the end of the article.
There were doubts in my mind and I remember waking up and I kind of had an idea that I should make a list of pros and cons.
At first sight, which is shown in the left column, the exchange teases how things have seriously changed for crypto users over the years for the better. For you, it’s all benefit, benefit, benefit. Things have really changed with fees, security, timing, interface.
However, in typical business world fashion, the market still has its share of pin holes. The reviewers know this to be true first hand. Do you look on the Internet? Do you know what users say about HitBTC compared to other exchanges?
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Available Currency and Trading Pairs on HitBTC
Following days of reports, the expert confirmed the stable work of the trading platform with the next currencies: BTC, ETC, ELT, DOGE, DASH, etc. These took the first number spots in the 50-currency list.
While some people are using altcoins, clients with FIAT (EUR, GBP, USD) should first purchase BTC by availing of Visa banking method before you’ll send a BTC deposit address on the exchange. The site has enlisted a number of popular trading pairs – BTC/BCH, ETH/BTC, DASH/BTC, and many more – to help you buy, sell and trade.
Deposits
Deposit Case in point: check currencies available on the System Health Page, then push on the green button in Deposit section, but already on your account. By clicking on funding, you’ll generate an address of your wallet.
And as currencies may have extra fields to fill in, be attentive, that must be also done. That is relating to XRP, XEM, ARDR, ZRC. There is the only fee for bitcoin deposit, the charge equals 0.0006 BTC per transaction.
Withdrawals
We all know that hitting “withdraw” button is easy. But what nuances are you expecting to have in the mind during such a process? Before you’ll click on the sent link to your email for confirmation, check the next things: an amount you’ve set should be available, make a double check of the address, you may be required to specify your wallet/payment ID. Also, it is important to set sums meeting h the exchange limits.
Verification and Security
Now let’s come over to your account observation. Broadly speaking, there are 3 types of profiles: the first is general, the second – verified and the third is qualified. That’s such a hard question if you need to upgrade the status. I don’t know. Honestly, I think you will realize that especially when you are in need of advanced services, extra amounts, etc.
With all that security upgrade, you’ll need to provide the data related to your address, banking information, and some personal details like your country, birth date, and name/surname when switching account levels.
Trading on HitBTC
But while these are peculiar properties, the exchange “direct purpose” nature is still important. To buy or not, to sell or not, to trade or not, these functions are going to be learned. To make market orders, too, may occasionally be at the service, as in the case, you will get a rebate, when HitBTC exposes that 0.1% fee on the taker.
Margin Trading
The site supplies an opportunity to start trading. You are required to fill in the form on the site that will lead to opening up your Weltrade profile to master your margin trading skills like for real from HitBTC.
Now I’m really done with talking about how beneficial and convenient the platform is that you’ve got to join it. Because in the end, it is up to you and your goals, no sort of fast-talking should influence your decision. We’ve shared our opinion, but don’t eclipse the fact that this is just a point of view. The timing actually shows if it is that fantastic, wonderful as testimonials showed.