Deposits on HitBTC can be made in any cryptocurrency, however fiat currencies are not supported. There is a fee of BTC but only for deposits in Bitcoin. Unlike most of the exchanges, withdrawal fees are not based on the volume and adjust automatically with the market. Current fees can be found in your exchange account. Jul 28, · HitBTC is one of the largest cryptocurrency exchanges in the world for daily trading volumes. The platform lists hundreds of supported coins, and its fees are highly competitive. How to Deposit funds to your HitBTC account. See all 21 articles. Howto 5. How to create an account. What are withdrawal fees? How to locate transaction hash. Best Bitcoin and Crypto Trading App – HitBTC. Issues 5. How to download HitBTC app.
Hitbtc deposit fee btcFees and Limits / HitBTC
Understandably, it can be very confusing that there may be several ERC20 tokens out there bearing the same name given to them by their developers. This is why it's critically important to keep in mind that unsupported tokens deposited into your HitBTC account cannot be sent back. Please use the instructions below to avoid this unfortunate situation. Each token is has its own unique contract address. This is what it looks like in blockchain explorer using EURS token as an example :. When you intend to deposit a certain token into your HitBTC account, you have to verify that this token has the same contract address we support.
Double-check that the contract addresses are identical. If they are, you can safely make a deposit. However, there are flat fees for withdrawals, and these can be particularly high for some of the newer cryptocurrencies listed on the site. As an example, the following is a list of the one-off fees charged for withdrawing some of the more popular currencies:.
In this regard, HitBTC withdrawal fees are some of the highest amongst all cryptocurrency exchanges. To sum it up: HitBTC offers some of the lowest cryptocurrency trading fees amongst all crypto-to-crypto exchanges. At the same time, its cryptocurrency withdrawal fees can be unreasonably high for certain coins, making HitBTC fees a sort of mixed bag. While such fee structure works for large-volume traders, it may be irritating for small traders dealing with small amounts of crypto.
HitBTC does security well. For one, it lets users set up two-factor authentication for all their transactions, adding an extra layer of safety. And just in case someone else happens to be logged into their account, they can click a button that terminates all sessions except theirs. At the same time, they can also choose to automatically log out of all sessions at a selected, regular interval. In addition to these options, HitBTC users can protect their account with the following security measures:.
Until you do so, some features of the exchange will be locked, which is good for your security. Yet despite its appeal as a secure technology, HitBTC remains an unregulated exchange at the forefront of the crypto wild west, which raises questions and adds risks to its reliability.
Many users online seem to complain about forced know your customer KYC checks when withdrawing funds, so a good practice would be verifying your account before starting to trade on HitBTC.
Also, the exchange employs a sophisticated legal team and complies with GDPR regulations, thus giving you full control over your data and privacy. However, it scores only 9. Overall, HitBTC is a secure exchange in terms of technology it uses to protect your funds. However, the exchange lacks transparency when it comes to its team and location, which is a major red flag for some. On the contrary, it has a proven track record, operating in the industry for more than six years already.
For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is, at first, a dizzying experience. Much of this initial complexity comes from how HitBTC is focused more on the experienced trader than on people new to cryptocurrency.
As such, more experienced retail traders and professionals should not have issues with the exchange's interface. The entire trading interface is completely customizable so that you can organize these windows in the most convenient order. When it comes to trading, the exchange supports the following standard order types:. That said, the actual mechanics of how the site works and how a user trades are surprisingly straightforward. Users complete trades by depositing a chosen cryptocurrency into the HitBTC wallet, moves funds between main and trading accounts, and uses the deposited cryptocurrency to buy other currencies until he or she wants to withdraw their funds to an external wallet.
As such, trading on HitBTC may not be too difficult even for complete beginners. Verified users can create sub-accounts that will help you to create different profiles for different trading strategies. Moreover, HitBTC organizes various trading contests, so you can measure your skills against other traders and climb up the ranks in its leaderboard. Hopefully, the full version of the app becomes released soon.
For the beginners, HitBTC exchange offers an opportunity to try and trade cryptocurrencies on its demo platform first. You can register and access the demo platform by clicking the demo option at the bottom of the screen or by simply typing demo. You will need to create a separate account for the demo platform. A demo account gives you approximately USDT worth of cryptocurrency, so you can start experimenting with hypothetical portfolios and strategies, or simply get used to the cryptocurrency trading and HitBTC platform.
As a popular cryptocurrency exchange, HitBTC has a support center for all sorts of user-related issues. The support center includes:. The exchange team typically responds within 24 hours, but, in my experience, the resolution of some issues may take several weeks. How to set up a corporate account. How to close my account. Articles 9. How to enable 2FA with a code-generating app.
How to protect your account from social engineering. How to protect your account from intruders. How to whitelist HitBTC in your mailbox. How to contact the team via Support Center. Deposits Articles 7. Main and trading accounts. Security of your funds. Retrieval of deposits sent by mistake. Making a deposit. How to deposit safely. Issues 6. My deposit address has changed. I have deposited a coin which is not supported by HitBTC. Where is my ETH token deposit?
Where is my deposit? NEO deposit delay: invocation transaction. Trading Articles Trading tools. Scaled orders. How to cancel my orders. Trading fees. Issues 4. Error when trying to transfer funds. Other problems with orders management. Can't specify the necessary amount.
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