HitBTC Exchange Review

Centralized

HitBTC is a cryptocurrency exchange that was founded in 2013 and officially launched in February 2014. A HitBTC exchange review shows that during the early days, they offered trading in only a few currency pairs. Today the picture looks much different with them offering trading in over 300 currency pairs across 775 active markets, something that contributes to them being in the top 10 cryptocurrency exchanges by trading volume.

A HitBTC exchange review also shows that they have pretty much from the beginning been open to the idea of altcoins being added and community involvement in the process. For example, they launched a voting program in May 2014 that allowed the community to vote which altcoins should be added.

The security features they offer include, cold storage and two-factor authentication (2FA). This while they provide a comprehensive list of system health checks, including the status of deposits and withdrawals, that is publicly available. A HitBTC exchange review also shows that they offer trading contests with a top 10 leaderboard. This while they offer both margin trading and OTC trading. The latter is available for trades that is larger than $100K in USDT volume. HitBTC provides OTC trading in conjunction with Trusted Volumes, an OTC trading desk that seems to be involved in OTC transactions involving billions of dollars.

HitBTC is not without controversy. They are being accused of freezing accounts – leaving users unable to withdraw funds. This has placed them at loggerheads with influential figures in the crypto space such as Trace Mayer, John McAfee and Tuur Demeester.

• 24h Trading Volume

  120899.992 BTC

• Establish date

  2013

• Headquater

  Hong Kong