Hitbtc Reviews Read Customer Service Reviews of hitbtc online

In other words, OTC purchases and sales do not have a considerable impact on crypto prices, allowing high-volume buyers and sellers to get the best deal possible. 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 https://www.tokenexus.com/ltc/ is resolved). Most common problems people have complained about are withdrawal delays and inexplicable loss of funds. Another issue is that sometimes certain coins are “stuck” in the exchange due to technical issues. One specific example of this is when users couldn’t complete any operations with Metaverse ETP funds.

• The page can look intimidating for users who have never done trading.
• We use dedicated people and clever technology to safeguard our platform.
• Unlike some of the other cryptocurrency exchanges we have reviewed, the trading fee system is very straightforward at HitBTC.
• After this, you will see the unique deposit address of the coin you selected.
• One specific example of this is when users couldn’t complete any operations with Metaverse ETP funds.

How do I Withdraw Money from HitBTC?

Of course, HitBTC also has other security protocols running behind the scenes, and destined to intervene in case suspicious activity is detected. Can’t transfer my Dogecoins to another exchange for 3 years. I can only sell them for 700 euros, even though HitBTC Review they are worth around 12,000 euros. HitBTC is an established crypto exchange that has provided quality trading services since the early days of cryptocurrencies. This slow customer support is also not ideal when it comes to verifying your KYC documents.

Best Crypto Exchange Reviews

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. Also, the exchange employs a sophisticated legal team and complies with GDPR regulations, thus giving you full control over your data and privacy. 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.

• Bitfinex is a cryptocurrency broker based in Hong Kong SAR China that launched its service in and offers individuals to buy and sell more than 28 cryptocurrencies.
• While such fee structure works for large-volume traders, it may be irritating for small traders dealing with small amounts of crypto.
• While HitBTC was initially designed to serve as a fiat-enabled cryptocurrency exchange, it has removed many of its fiat integrations due to regulatory concerns.
• However, the exchange website (in November 2018) now says it does not offer fiat deposits.
• For the most part, the exchange has remained relatively secure.
• Having said that, it seems that the company is suffering from long support response times and also withdrawal issues.

All Crypto Exchanges may look similar to you but they’re NOT all the same!

You only need to go through the list to find out the withdrawable ones before placing your withdrawal and it’s seamless.Thank you Hitbtc. This gives HitBTC a competitive edge over exchanges that keep their users in the dark about real time performance issues. The general account, which doesn’t require verification, has a daily withdrawal limit of the equivalent of 5000 EUR in cryptocurrency. You are allowed a 25,000 EUR daily withdrawal limit of crypto. For fiat currency, there’s a limit of $2000 (EUR or USD) per week and $10,000 per month – both for withdrawals and deposits. The third level is a qualified account, which allows you to withdraw more than $25,000 worth of crypto each day.

Huge trading variety

Having said that, it seems that the company is suffering from long support response times and also withdrawal issues. Lost 50% of my profit just because these mf’s went short with our Dogecoins, and in order 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. This is why I had to sell my doges by the price of 27 cents, while in the whole world the price was almost 60.

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• HitBTC functions like your typical cryptocurrency exchange.
• Sometimes technical maintenance requires additional effort and time.
• Cex is a popular trading platform known for its high level of security and worldwide coverage.
• For those looking to deposit fiat directly via HitBTC, this option is apparently no longer available.
• The action you just performed triggered the security solution.

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