- Reviewed by: Digiconomist
HitBTC wasgoed founded ter 2013, built and maintained by Succesnummer Technologies LP and operated by the Danish Ullus Corporation K/S.
When it comes to the presente trading, HitBTC is a basic exchange that offers its available services at good rates. It is possible to trade Bitcoin, Litecoin, Dogecoin and some of the lesser known currencies such spil duckNotes. Te total, nine cryptocurrencies can be traded and three fiat currencies. The latter set consists of U.S. Dollar, Euro and the British Pound. Order execution fees could be a bit better, albeit this is mainly due to the bid-ask spreads. For USD/BTC this is toughly 30 voet points, while trade fees are just Ten poot points vanaf trade. Orders can be executed spil either market or limit order, advanced orders are available ter the demo toneelpodium but (sadly) not (yet) implemented te the main exchange.
Funding options are ondergrond spil well, spil this is limited to wire transfers. HitBTC charges a $9 (or omschrijving) vapid rate for both deposits and withdrawals. This does not include any extra fees that may be charged by the Canap, hence this options can be both expensive and slow. Within the SEPA Zone the fees drastically improve (less than €1) making HitBTC very suited to serve this region. For trusted users, deposit and withdrawal thresholds range from Two,000,000 to unlimited (any currency) vanaf day.
HitBTC has a webstek with a responsive vormgeving, making it accessible through a mobile verhoging. An optimized App is not available. There are also no portfolio show analysis contraptions or research amenities, but more significant is that account can be secured with two-factor authentication. Given that HitBTC mainly provides only basic services, there is very little that can go wrong regarding the ease of use of the toneel. Simpleness has clearly bot a priority ter the vormgeving, albeit the designers might have waterput a little too much effort into this. The order types, hidden by default, might be a bit hard to find.
Help & Support
One of the things that is very first noted on HitBTC is the availability of a demo version. Thesis are rather infrequent, but are a valuable contraption to anyone looking to get a taste of what the exchange has to suggest. Spil noted with regard to trading, the demo version is not exactly equal to the main webpagina which is a bit strange. The reason for this is unclear, but most parts do seem to match so this is not any less helpful. The help section also offers both a quick commence guide covering essential information and a more extensive guide. The site’s terms on the other arm could have bot written with a bit more care, given the lack of spaces used ter the text. The support is a little less extensive, spil costumer support can be contacted via email only.
The company’s legitimacy has bot evaluated with the help of a Fraud Risk Assessment. A summary is provided below, and the total assessment can be found by following this verbinding.