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HitBTC Review

HitBTC

hitbtc.com

(0 reviews)
Site Rank: 19

HitBTC is a crypto-to-crypto exchange established since 2013. The exchange supports a wide variety of cryptocurrencies with over 350 being able to be traded against BTC. Other trading pairs include ETH, DAI, USDT, and TUSD. Fiat is not supported on the exchange as a trading instrument but users can buy Bitcoin using their Visa or Mastercard.

In terms of fees, market takers are charged 0.1% whereas market makers receive a 0.01% rebate. These fees are very attractive compared to competitors and incentivise liquidity providers to use their exchange. However, there are very high withdrawal fees. The current withdrawal fee for Bitcoin is 0.001 and was once 0.01. The fee for withdrawing USDT is 100. Users can enable two-factor authentication for an extra layer of security.

The exchange has 24-hour support and also has an API which is easy for traders to integrate with. There are two types of API and traders can build bots which integrate with the API's. In terms of other trading tools, the exchange provides a depth chart, charting tools, and an order book. There have been some complaints from users in online forums about the customer support and service.

Pros & Cons
  • A wide variety of cryptocurrencies and trading pairs supported
  • Users can enable two-factor authentication
  • API which is easy to integrate with
  • High withdrawal fees
  • Complaints about the exchange voiced online