To maintain our free content and further support our work, we receive compensation from some companies advertising on Crypto Head. His extensive experience and features in top-tier publications like Forbes and CNN underscore his deep understanding of the crypto world and its future potential. James Page, previously the lead writer at Crypto Head and a registered psychologist, brings a unique perspective to the world of blockchain and cryptocurrency. However, for higher withdrawal limits and certain other functions, completing the KYC process may be required. The fees can range from 0.07% for makers to 0.2% for takers.
There are simply too many reasons for dishonest exchange owners to funnel user funds into their own private wallets. Whatever the case, new users should stay well away from HitBTC. There are simply too many other services which out-class it in every respect, and will especially not steal user funds.
HitBTC Review: Introduction to the Company
HitBTC allows HitBTC users to trade crypto along with a vast selection of currency pairs. Additionally, HitBTC has developed a voting application and a demo trading platform for beginners offering them to try and trade cryptocurrencies on its Demo platform https://www.tokenexus.com/ first. Moreover, HitBTC organizes various trading contests, allowing users to measure their skills against other traders and get more experience. HitBTC exchange offers a Demo platform to try and trade cryptocurrencies for users who are beginners.
So I have had my account since 2017 I bought coins and left it on the exchange. Now they are saying I’m outside service area with 14 days to withdrawal and my doge coin is and has been off line for months. They are no longer responding to tickets and I will be filling a formal complaint and a petition to close hit hitbtc reviews btc for fraud. Customer support on HitBTC is accessible through multiple channels, including an online support form and direct email address. While there have been mixed reviews regarding response times, the exchange makes an effort to address queries and resolve issues, ensuring users have support when needed.
Security – Is HitBTC Safe?
Some of HitBTC’s disadvantages include its unregulated status, limited support for fiat payment methods, and high withdrawal fees. The key reason for this is that we cannot ensure your funds are in safe hands. Firstly, the platform is not in any way regulated, which is a major concern considering they’ve been around since 2013. Furthermore, there is a huge number of negative reviews about HitBTC, many of which centre on hacked accounts.