However, crypto’s ongoing popularity has also introduced its share of scams and fly-by-night services. So while there are excellent exchanges like Binance, Bittrex, Coinbase, etc., unscrupulous https://www.tokenexus.com/ actors have introduced fraudulent exchanges as well, like HitBTC and Yobit. It’s also important to point out that even among the highest-quality exchanges, there are problems for the new user.

Security – Is HitBTC Safe?

HitBTC provides its services worldwide without restriction. The company pays most of its attention to the Estonian and European markets, however, HitBTC exchange is highly accessible to customers from different countries around the world. This fee is in line with the historic industry average (the historic industry average is arguably around HitBTC Review 0.25%). However, we now see more and more exchanges charging much lower trading fees, many ranging from 0.10% to 0.15%. One of the categories that separates HitBTC apart from most exchanges is its number of available currency options. As of November 2018, there are over 200 different cryptocurrencies available on this exchange.

weeks to process a refund amd still…

They delete your 2 FA code (of course, with funds on your account), requiring you to go through 2FA recovery process. Whether HitBTC will be able to turn around has yet to be seen, but we recommend that everyone go to other exchange, like Binance, which can be trusted with their money. Visit our recommended platform to buy crypto by clicking the button below.

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• The company pays most of its attention to the Estonian and European markets, however, HitBTC exchange is highly accessible to customers from different countries around the world.
• It has never been hacked before, besides some sources saying otherwise without any proof regarding security.
• There is a plethora of charting functionality, analysis tools as technical indicators.
• This exchange currently supports 27 of the top 30 market cap cryptocurrencies.
• For issues that require users to email the support team, there have been complaints online about very slow response time (taking weeks and even months before an issue is resolved).
• Customer support on HitBTC is accessible through multiple channels, including an online support form and direct email address.

It allows you to make trades and become acquainted with the settings and interface. All transactions made won’t count, so you won’t risk lightening your wallet. One caveat is that they are a bit shady in terms of their location. The community at large is still not sure of where they are actually located. Still, they require a lot of verification to start trading large amounts. In general, they employ state of the art cryptography for your security.

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