deposit:
- $1
Trading platform:
- Proprietary platform
- OTC trading, Robot-Friendly API
Summary of HitBTC Crypto Exchange
HitBTC is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 4.24 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 ranks 47 among 173 companies featured in the TU Rating, which is based on the evaluation of 100+ criteria.
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.NOTE!
If you are planning to trade cryptocurrencies, and not just keep your savings in crypto wallets, we recommend that you choose one of the top brokers with reliable regulation and access to trading crypto CFDs. This type of trading will help you avoid holding your cryptocurrency in e-wallets of exchanges, which quite regularly get hacked. Also, availability of leverage will allow you to trade crypto CFDs for amounts much higher than your deposit.
Traders Union experts recommend considering Top 3 companies from our rating:
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.
💰 Account currency: | Cryptocurrencies (USD, EUR, and GBP can be used to buy cryptocurrencies) |
---|---|
🚀 Minimum deposit: | From $1 |
⚖️ Leverage: | Up to 1:12 (for some pairs) |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies |
💹 Margin Call / Stop Out: | No |
👍 Advantages of trading with HitBTC:
- over 500 cryptocurrency pairs;
- commission for the cryptocurrencies withdrawal - 0%;
- Support service works 24/7.
👎 Disadvantages of HitBTC:
- 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.
Evaluation of the most influential parameters of HitBTC
NOTE!
Do not miss a chance to get additional monthly bonuses and payouts for trading at HitBTC cryptocurrency exchange.
Enter the referral code when you register on the website or HitBTC app.
59d39799ab421
*TU may receive partnership reward for registration of the client on the company’s website on a referral link.
Geographic Distribution of HitBTC Traders
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Expert Review of HitBTC
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.
Dynamics of HitBTC’s popularity among
Traders Union’s traders, according to 2023 data
Investment Programs, Available Markets, and Products of the Crypto Exchange
HitBTC specializes in trading. Unfortunately, there are no solutions for investors on this platform. Perhaps they will be added later.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
HitBTC’s affiliate programs
The cryptocurrency exchange HitBTC doesn’t offer its clients an affiliate program. You cannot get bonuses for inviting referrals here.
Trading Conditions for HitBTC Users
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.
$1
Minimum
deposit
1:12
Leverage
24/7
Support
💻 Trading platform: | Proprietary platform |
---|---|
📊 Accounts: | Demo, Starter, General, Upgraded |
💰 Account currency: | Cryptocurrencies (USD, EUR, and GBP can be used to buy cryptocurrencies) |
💵 Replenishment / Withdrawal: | Cryptocurrencies, Visa, MasterCard cards. |
🚀 Minimum deposit: | From $1 |
⚖️ Leverage: | Up to 1:12 (for some pairs) |
💼 PAMM-accounts: | No |
📈️ Min Order: | From 0 |
💱 Spread: | Market |
🔧 Instruments: | Cryptocurrencies |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | No |
📋 Orders 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 |
Broker comparison table of trading instruments
HitBTC | Bybit | MEXC | Binance | StormGain | CoinEx | |
Forex | No | No | No | Yes | No | No |
Metalls | No | No | No | No | No | No |
Crypto | Yes | Yes | Yes | Yes | Yes | Yes |
CFD | No | No | No | No | No | No |
Indexes | No | No | No | No | No | No |
Stock | No | No | No | No | No | No |
ETF | No | No | No | No | No | No |
Options | No | No | No | No | No | No |
HitBTC Commissions & Fees
Account type | Spread (minimum value) | Withdrawal commission |
Starter | 0.25% | No |
General | 0.25% | No |
Upgraded | 0.057% | No |
A comparative analysis of HitBTC commissions with similar values of other cryptocurrency exchanges was also carried out, based on which the ranking below was achieved.
Broker | Average commission | Level |
HitBTC | $2.5 | Medium |
Bybit | $20 | High |
Bitfinex | $0.1 | Low |
Contacts
Foundation date | 2013 |
Registration address | Av Vitacura 2969, Las Condes, Región Metropolitana, Chile |
Official site | https://hitbtc.com/ |
Contacts |
Email:
relations@hitbtc.com,
|
Disclaimer:
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.
Read also about other cryptocurrency exchanges:
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FAQs
Do reviews by traders influence the HitBTC rating?
Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about HitBTC you need to go to the broker's profile.
How to leave a review about HitBTC on the Traders Union website?
To leave a review about HitBTC, register on the Traders Union website or you can also leave a review through Facebook.
Is it possible to leave a comment about HitBTC on a non-Traders Union client?
Anyone can leave feedback about HitBTC on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.