According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Proprietary platform
- OTC trading, Robot-Friendly API
Our Evaluation of HitBTC
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
HitBTC is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.33 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by HitBTC clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
HitBTC is a cryptocurrency exchange focused on trading services that provide maximum assets. The company specializes in cryptocurrency trading and coin exchange; it does not provide investment programs.
Brief Look at HitBTC
The HitBTC cryptocurrency exchange is among the longest-standing platforms for digital assets trading. It was established in 2013 in the UK. As of 2021, the cryptocurrency exchange is headquartered in Chile. The platform offers clients trading with over 500 assets, primarily cryptocurrency pairs. The platform offers a Robot-friendly API that can be used to develop applications.
We've identified your country as
US
We have thoroughly analyzed all companies legally providing trading services in your country and created a ranking of the best ones. Our analysis highlights companies that offer optimal working conditions, uphold a strong reputation, and consistently receive the highest number of positive reviews from traders on our website.
Explore the 5 top-rated companies in
US :
- over 500 cryptocurrency pairs;
- commission for the cryptocurrencies withdrawal - 0%;
- Support service works 24/7.
- there are no passive investment instruments;
- high commissions for Starter and General account types;
- there are per trade limits on volume;
- just a few tools for technical and fundamental analysis;
- no affiliate program.
TU Expert Advice
Financial expert and analyst at Traders Union
The HitBTC cryptocurrency exchange is among the oldest operating platforms. It started in 2013. The company specializes in services for cryptocurrency traders and developers and providing a Robot-friendly API.
You can find over 500 cryptocurrency pairs in this company. Trading with leverage is available, which is a rare chance on cryptocurrency exchanges. The minimum entry threshold here is only $1 (in the equivalent of cryptocurrencies or for buying cryptocurrency through an exchange), which is perfect for novice traders. HitBTC doesn’t offer products for investors.
HitBTC encourages traders to increase trading volumes and to pass the verification. The company offers three account statuses such as Starter, General, and Upgraded. The commissions are high and fixed for Starter and General and for Upgraded they are much lower and depend on the trade turnover. A large number of cryptocurrencies for trading, a good reputation of the cryptocurrency exchange, and favorable terms for the withdrawal of cryptocurrencies allow the exchange to be considered a good option for trading.
HitBTC Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary platform |
|---|---|
| 📊 Accounts: | Demo, Starter, General, Upgraded |
| 💰 Account currency: | Cryptocurrencies (USD, EUR, and GBP can be used to buy cryptocurrencies) |
| 💵 Deposit / Withdrawal: | Cryptocurrencies, Visa, MasterCard cards. |
| 🚀 Minimum deposit: | From $1 |
| ⚖️ Leverage: | Up to 1:12 (for some pairs) |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: |
Spot: 0,09%-0,09% Futures: 0,02%-0,05% |
| 🔧 Instruments: | 476 supported coins, Futures, Perpetual contracts, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | n/a |
| ⭐ Trading features: | OTC trading, Robot-Friendly API |
| 🎁 Contests and bonuses: | Rebate for traders creating liquidity (Maker) up to 0.01% of the trade |
HitBTC allows trading of over 500 assets. Margin trading is available on the cryptocurrency exchange. Leverage is up to 1:1, 1:5, 1:10, and 1:12. The company allows conducting over-the-counter transactions by trading directly with cryptocurrency traders. Fiat currencies cannot be used as the base currencies of the account, but they can be used to buy cryptocurrencies through the HitBTC exchanger.
HitBTC Key Parameters Evaluation
Video Review of HitBTC
Share your experience
- Best
- Last
- Oldest
Regulation and safety
With a 5.75/10 score, HitBTC demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Investor protection fund
- 2FA
- Cold wallet storage
- No successful hacks history
- Not tier-1 regulated
- No facial recognition
- Not government-regulated
HitBTC Security Factors
We also compared HitBTC against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| HitBTC | OKX | Kraken | |
| Tier-1 regulation | No | No | Yes |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | Yes | Yes | No |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | Yes | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is HitBTC a regulated crypto exchange?
HitBTC is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean HitBTC is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.
Is verification (KYC) mandatory at HitBTC?
Yes, KYC verification is mandatory at HitBTC. You will need to complete the verification process before you can open an account and access the platform's full range of services.
In which countries is HitBTC available?
HitBTC complies with international sanctions and regional restrictions. Services are limited or unavailable in the following countries: Iran, Islamic republic, Bahrain, Palestine, Jordan, Iraq, Qatar, Kuwait, Lebanon, Libyan Arab Jamahiriya, Oman, Syrian Arab Republic, Tunisia, Yemen, Botswana, Tanzania, United Republic Of, Zimbabwe, Namibia, Ethiopia, Jamaica, Zambia, Hong Kong, Afghanistan, Trinidad and Tobago, Brunei, Nepal, Serbia, Somalia, Cameroon, Rwanda, Slovenia, Eswatini, Croatia, Mongolia, Burma, Montenegro, Cambodia, Taiwan, Mozambique, Madagascar, Dominican Republic, Albania, Mauritius, Puerto Rico, Cote d'Ivoire, Laos, Macedonia, Papua New Guinea, Costa Rica, Luxembourg, Malta, Ecuador, Bahamas, Haiti. For the most up-to-date information on regional availability, please contact HitBTC support.
Is HitBTC available in the USA?
Yes, HitBTC is available in the USA. However, availability may vary by state due to local regulations. We recommend checking the official website or contacting support for up-to-date information specific to your location.
HitBTC commissions and fees
HitBTC has earned a rating of 8.75/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as HitBTC is a platform with minimal crypto trading costs.
- Futures fees below industry average
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are HitBTC trading fees?
We analyzed HitBTC’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
HitBTC trading fees vs competitors
| HitBTC | Binance | Bybit | Industry average | |
| Spot, maker fee (%) | 0,09 | 0,1 | 0,1 | 0.15 |
| Spot, taker fee (%) | 0,09 | 0,1 | 0,1 | 0.194 |
| Futures, maker fee(%) | 0,02 | 0,02 | 0,02 | 0.024 |
| Futures, taker fee(%) | 0,05 | 0,05 | 0,055 | 0.053 |
What are HitBTC deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0,001 BTC 0,00958 ETH |
Does HitBTC offer P2P trading?
No, HitBTC does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and withdrawal
HitBTC received a 8/10 rating for its deposit and withdrawal services. HitBTC supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- Bank transfers for deposits and withdrawals
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Bank cards accepted for instant deposits
- Withdrawal fee applies
- No PayPal option
- No P2P transfer option
Deposit and withdrawal options
HitBTC supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, Advcash Wallet, Google Pay, Apple Pay.
HitBTC Deposit and withdrawal options vs competitors
| HitBTC | OKX | Kraken | |
| Bank transfers | Yes | No | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | No | Yes |
What is HitBTC minimum deposit?
The minimum deposit at HitBTC is 10 USD/USDT or 0,0001 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
HitBTC minimum deposit vs competitors
| HitBTC | OKX | Kraken | |
| Minimum deposit, USD or USDT | 10 | 10 | 10 |
| Minimum deposit, BTC | 0,0001 | 0,0005 | 0,0001 |
| Minimum trade amount, USD/USDT | 1 | 0,00001 | 1 |
Does HitBTC support fiat money?
HitBTC supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
HitBTC received a score of 6.5/10 in this category, reflecting a solid selection of tradable assets and markets. HitBTC supports 476 cryptocurrencies and basic trading types, although some advanced features or asset diversity may be limited compared to leading exchanges.
- Crypto futures available
- Fiat currencies supported
- Staking available
- NTFs not available
- Copy trading not available
HitBTC supported coins and markets vs competitors
We compared HitBTC with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| HitBTC | OKX | Kraken | |
| Supported coins | 476 | 329 | 278 |
| Futures/Perpetual contracts | Yes | Yes | Yes |
| Options | No | Yes | No |
| NFTs | No | Yes | Yes |
HitBTC passive income options vs competitors
We also compared HitBTC with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
HitBTC received a score of 8.15/10 for its trading apps and tools. Its mobile platforms are highly rated on both iOS and Android, delivering smooth performance, advanced charting capabilities, and real-time market data.
- Automated trading with bots
- Android app score 4,5
- App data protection with 2FA
- Advanced tools and automation with API
- No standalone desktop access
- iOS App score 3,3
- No Face ID
Trading apps
HitBTC provides web and mobile apps for both Android and iOS users, with an average rating of 3,3 on the App Store and 4,5 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the HitBTC platform is for mobile use.
| HitBTC | Bybit | |
| 2FA | Yes | Yes |
| Face ID | No | Yes |
| Mob Indicators | Yes | Yes |
| Alerts | Yes | Yes |
| Advanced Orders | Yes | Yes |
| Trading with bots | Yes | Yes |
| API | Yes | Yes |
| Extra trading platforms | No | MT4 |
Does HitBTC offer a desktop app?
No, HitBTC does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does HitBTC offer advanced charting with TradingView integration?
Yes, HitBTC offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
Contacts
| Foundation date | 2013 |
|---|---|
| Registration address | Av Vitacura 2969, Las Condes, Región Metropolitana, Chile |
| Official site | https://hitbtc.com/ |
| Contacts |
Articles that may help you
Check out our reviews of other companies as well
User Satisfaction i