Exchange Reviewed: HitBTC, A Good Substitute For The Casual Traders
HitBTC is a Europe based cryptocurrency exchange that began in 2013 and now is operated by HitTech limited, based in Chicago. It supports more than 300 cryptocurrencies, including all the major crypto-assets. HitBTC provides various good features, one being an API that third parties can use on their sites, however where it does fall short is having a dedicated mobile app.
The platform offers 0.1% fee on each market trade while allowing you to trade a variety of cryptocurrencies and prevailing fiat currencies. This exchange delivers its services to institutional, merchants and individual traders globally. It is best known for its robot-friendly exchange. HitBTC claims that its core matching engine is among the most advanced high-tech products. One of the distinctive benefits of the platform is that it offers support for the FIX procedure. There are some things, which are not visible in lot of cryptocurrency exchanges. Like most other exchanges like Binance, eToro, Coinbase and Changelly, HitBTC promises to be safe and secure thanks to the use of cold storage, advanced encryption technology, and 2-factor verification.
The straightforward interface offered by HitBTC is among the observable aspect. It caters to all kinds of users and offers a smooth, vibrant and attractive interface. This makes it a great endpoint for everybody who desires to experience Bitcoin and cryptocurrency trading. The interface is instinctive, receptive and easy-to-use, friendly with trading newbies but intricate enough for innovative traders. Beginners are encouraged to learn how trading works. Expert traders can endure to improve their skills and earn more. Everybody is welcome to make the most of the trading prospects out there. Another great thing about the site is that it offers access to those who want to trade on their mobile phones. Yes, the platform is friendly with mobile web browsers irrespective if you’re using Android or iOS devices.
Trading on HitBTC
The actual trading on this platform is easy and quick as well. With HitBTC, it is very easy to trade bitcoin, and other altcoins. Meanwhile, you also have three fiat currencies which include USD, EUR, and GBP. The things that make this exchange great is the fact that it emphasizes on the major marketplaces. First-time traders might find the idea of Bitcoin and altcoins trading irresistible. Though, this exchange platform makes it simple for everybody to relish and hold its benefits.
HitBTC offers a variety of security options for users, with automatic logout and two-factor identification for login, withdrawal, and access to account settings. The exchange also keeps a record of login history which users can see and sends email notifications when accounts are opened from an unfamiliar IP address.
Currencies Supported by HitBTC
The exchange supports more than 300 cryptocurrencies including the major ones – Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), DASH, Ripple (XRP), Litecoin (LTC), VERI (Veritaseum), XMR (Monero) and many more alt-coins that are not available on other crypto-exchanges.
HitBTC is a good substitute for casual traders, people with no requirement to move their money frequently in and out. It is also an option for Altcoins enthusiasts, as it lists more than 300 cryptocurrencies. Investors who want good volumes and agile movements will ultimately find better places to go like eToro or Binance.