Fees are dynamic, and adjust with automatically with the market. If you want to withdraw a larger amount of crypto, this is certainly a positive. However, for smaller amounts, this could be considered a negative. When compared to other popular exchanges like Binance and Bittrex, HitBTC fees for withdrawals are lower for some cryptocurrencies and higher for others. The HitBTC exchange is considered a legit & safe trading platform as it has included many security features to protect its users. Also, there is no proof that this platform has been hacked which shows strong security.
Step 1: Hitbtc Signup Process
You can directly click here to open the support ticket of HitBTC. Another option is to scroll down till the end of the Home page and select the “Support Center.” In the support center, you will see a “Contact Us” button. After clicking on that button, it will take you to the support ticket. To sign up, users have to visit the HitBTC homepage. On the top right-hand side of their home will be the “Sign up” button. Click on that to start the registration process.
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Then head over to your private wallet, paste the HitBTC wallet address in, and transfer the funds. While HitBTC is a global cryptocurrency exchange, and thus, the vast majority of countries are supported, certain restrictions exist. Check out the list of prohibited countries below. As we noted earlier, HitBTC is popular with traders because of the number of coins it supports on its platform. HitBTC is also a common choice for newly created tokens that are looking to list on an exchange post-ICO. We have compiled a list of supported coins now available on HitBTC, which you’ll find below.
Step 4: Complete the Trade
If the user wants to withdraw funds, they need to go to the account section, choose the coin and click the withdraw button. They need to specify the amount they would like to withdraw, which immediately shows how much they will receive after calculating the commission. When they have transferred funds to the trading wallet, they can proceed with trading. The user can see the open orders displayed on the screen, and they can also find a user chat on the same screen. In the chart, the users should choose a currency they want to trade from the list. As soon as they choose the currency, the page refreshes automatically and shows the information about the selected trading pair.
HitBTC Review: Is HitBTC Safe to Use?
Please note that our KYC procedure complies with international AML policies and is in line with GDPR.We approach matters of security and compliance with utmost care. Our KYC procedure is thorough, but this is how we can be sure that we’re communicating with the actual owner of the account and that there is no problem with the source of funds being traded. That’s great to hear, thanks for sharing your thoughts.HitBTC withdrawal fees are flat. This system offers significant savings on withdrawal costs. As per our https://www.tokenexus.com/, the exchange platform can support Bitcoin, Ethereum, Ripple, Litecoin, Monero, and more. As per our HitBTC exchange review, the first step is to select a trading pair.
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- Once you’ve found your coin, click on the blue ‘+’ button underneath the deposit column.
- To verify your account to increase the limits and fund your account using FIAT, you will need to fill in the following information to complete your HitBTC KYC.
- HitBTC is a crypto currency exchange owned by HIT solutions Ltd, which is based in Hong Kong.
- Crypto Head’s editorial principles prioritise transparency and reader trust.
- Once you attempt to withdraw your account is restricted and you are forced to go through KYC.
- So I have had my account since 2017 I bought coins and left it on the exchange.
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