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2024 HitBTC Review: Is HitBTC Legit? In-Depth Analysis Revealed

HitBTC Review

Using that, you can experiment with strategies and portfolios. Although HitBTC used to support fiat currencies like USD, it does not keep it anymore. However, users can still buy supported 800 different crypto assets on the exchange. It also allows users to make transactions directly from their bank account. This facility of using a bank account is only available for users who have completed their KYC. As soon as the deposited funds show up in your HitBTC account, you can make your first trade.

HitBTC Review

HitBTC’s API is robot-friendly; the trader can use the trading bot. The HitBTC platform is friendly to users who are involved in creating trading bots. The robot-friendly https://www.tokenexus.com/ API of HitBTC uses low-latency data for the cryptocurrency market. Users can find more information on API and API documentation on the website.

Key Information To Consider About HitBTC?

These contracts have cash incentives as well as rebate bonuses. As mentioned, as an exchange, HitBTC will get benefits if their traders are able to provide some liquidity to their order books in the form of a market maker. It’s important to note that when you trade with this MT4 platform, you are trading CFDs (Contracts For Difference). These are derivative instruments which means that you are not buying the underlying asset but merely trading on the price difference. For those who have used the MT4 software will know just how advanced it is. There is a plethora of charting functionality, analysis tools as technical indicators.

HitBTC Review

Yet, they are not authorized by any top-tier authority to do so. There’s no license, starting with the FCA, BaFin, ASIC, or any similar institution. Lost 50% of my profit just because these mf’s went short with our Dogecoins, and in order HitBTC Review not to lose money just put the exchange rate 50% lower and blocked the withdrawals. Never use this stock exchange if you don’t want to lose money. It’s already blocked for a month and support is ignoring me for 3 weeks already.

Can’t see your question? Ask to get answers from the HitBTC staff and other customers.

You can read our full methodology and rating system for more details. While it provides services globally, the availability of certain features may vary by region. The exchange also adheres to strict regulatory guidelines, which underpin its commitment to providing a secure trading space for its users. HitBTC has an awesome Rest & Streaming API interface, providing programmatic access to the exchange’s trading engine.

  • It’s important to note that withdrawals are subject to fees and may require completion of KYC (Know Your Customer) procedures.
  • Bittrex might be preferable as a platform overall compared to HitBTC, but only for certain traders.
  • They let you deposit your money And let you withdraw a little.
  • The more people that do it, the more likely they’ll actually close down this exchange.
  • They recommend using 2-factor authentication when signing up to strengthen your account’s security.

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