HitBTC Review

Jared 6:33 am

HitBTC Review

6.5
OUT OF TEN
Check It Out

Headquarters: Europe

Description: The Most Advanced Bitcoin Exchange

Website: https://hitbtc.com/

24-hour trade volume: $344 M

Availability: Worldwide

 

 

 

 

Looking for the best bitcoin exchange in 2018? Check out our Best Bitcoin Exchange Guide to compare all of the top cryptocurrency exchanges side-by-side.

User Experience

Design

HitBTC is an easy platform to use thanks to a simple navigation and familiar design. The platform doesn’t look as impressive as GDAX or CEX.IO, from a design perspective, but the design also doesn’t get in the way of utility. It does look weirdly similar to Poloniex.

Beginner-Friendly

Sort of – The exchange puts all of your trading information onto a single pane, which is probably nice for institutional investors, but would probably be overwhelming for most beginners.

Documentation

Many questions I had regarding insurance and security were completely missing from the help center. The help center has a few brief tutorials and lots of information on their affiliate program but overall isn’t very detailed.

Customer Support

I received an answer to my customer support ticket within 12 hours of submitting it.

Security

Verification Tiers

3 Tiers – General, Verified, Qualified

General Tier

  • No verification required
  • Unlimited crypto deposit / withdrawal

Verified Tier

  • Requires some verification (driver’s license, Know Your Customer, Bank or Utility statements)
  • $2,000 deposit / withdrawal limit per week
  • $10,000 deposit / withdrawal limit per month

Qualified Tier

  • Requires additional verification
  • $10,000 deposit / withdrawal limit per week
  • $50,000 deposit / withdrawal limit per month

HitBTC Review Verification Tiers

2-Factor Authentication

Yes – via Google Authenticator

Insurance

0 articles found in the help center on insurance of any kind

Storage

Cold storage mentioned on the homepage. No additional information on security, insurance, and storage

Encryption

Also mentioned on the homepage, but on additional information found on the website or in the help center

Payment & Fees

Fee Structure

Maker – .01% rebate

Taker – .01% fee

Deposits – None

Withdrawals – Varies based on currency. Learn More

Accepted Payment Methods

Cryptocurrency, Fiat

Supported Cryptocurrencies / Trading Pairs


BCH/BTC

ETH/BTC

DASH/BTC

ZEC/BTC

XMR/BTC

LTC/BTC

BTG/BTC

XDN/BTC

BCN/BTC

XEM/BTC

BCH/ETH

NXT/BTC

ETC/BTC

MAID/BTC

LSK/BTC

XRP/BTC

XTZ/BTC

BNT/BTC

ADX/ETH

XMR/ETH

SNC/ETH

EOS/BTC

DOGE/BTC

BQX/ETH

EDG/BTC

STRAT/BTC

XTZ/ETH

SNGLS/BTC

STX/ETH

ZRX/ETH

ZRX/USDT

BCC/BTC

PLBT/BTC

OTX/BTC

STX/BTC

IXT/ETH

HPC/BTC

XVG/BTC

COSS/ETH

VEN/ETH

STX/USDT

CTR/BTC

EOS/ETH

NEO/BTC

VERI/ETH

LRC/ETH

BET/ETH

CDT/BTC

VEN/USDT

PPT/ETH

SNT/ETH

EXN/BTC

VEN/BTC

1ST/BTC

CTR/ETH

DLT/BTC

MSP/ETH

WTC/BTC

PAY/ETH

TNT/ETH


PLR/ETH

OMG/BTC

MTH/ETH

BMC/BTC

NEO/ETH

BOS/BTC

PRE/BTC

OMG/ETH

DCN/BTC

XVG/ETH

TAAS/BTC

NEO/USDT

VERI/BTC

MTH/BTC

1ST/ETH

STRAT/USDT

MYB/ETH

ETC/USDT

ZEC/ETH

DASH/ETH

PIX/BTC

NDC/ETH

SC/BTC

PPC/BTC

ZRX/BTC

WAVES/BTC

ZRC/BTC

TNT/BTC

REP/BTC

DGB/BTC

AEON/BTC

DENT/ETH

DCN/USDT

TAAS/ETH

VERI/USDT

CAT/BTC

TFL/BTC

PTOY/BTC

OPT/BTC

AE/BTC

TRX/BTC

GAME/BTC

TRX/ETH

CND/BTC

PRO/ETH

SNM/ETH

DSH/BTC

STEEM/BTC

ETC/ETH

TNT/USDT

BMC/USDT

NET/ETH

CAT/ETH

AIR/BTC

BMC/ETH

QTUM/ETH

AVT/ETH

CVC/USDT

TIX/ETH

SUR/ETH

DNT/BTC


ATM/BTC

TKN/BTC

DICE/ETH

ARDR/BTC

MANA/USDT

CFI/BTC

DCT/BTC

FUN/ETH

ICN/BTC

FCN/BTC

OAX/BTC

MCAP/BTC

FUN/BTC

GUP/BTC

FYN/ETH

PTOY/ETH

WTT/BTC

EMC/BTC

ANT/BTC

RLC/BTC

XAUR/BTC

SAN/ETH

LUN/BTC

QAU/BTC

MNE/BTC

OAX/ETH

BTC/EUR

STEEM/EUR

XAUR/ETH

SWT/BTC

SBD/BTC

ICO/BTC

CFI/ETH

TRST/BTC

OAX/USDT

FUEL/BTC

QCN/BTC

ETH/EUR

DGD/BTC

PING/BTC

GNO/ETH

QAU/ETH

UET/ETH

WINGS/BTC

NXC/BTC

LTC/EUR

XLC/BTC

AMP/BTC

DICE/BTC

BNT/USDT

DDF/ETH

FUN/USDT

CRS/USDT

MRV/ETH

TIME/BTC

GNO/BTC

PQT/USDT

BNT/ETH

TIME/ETH

LSK/EUR

Technology

Reliability

In my short experience, reliability has not been an issue.

Mobile App

No — However, the site is mostly mobile responsive. Some pages were more mobile friendly than others.

HitBTC Review 2018
Hold Off on HitBTC
HitBTC offers more than 150 trading pairs, including many newly added ICO tokens and futures. The European-based exchange is the 5th largest by 24-hour trade volume. The platform has low fees and doesn't require an account for basic crypto to crypto transactions, however with a history of hacks and customer support that leaves a lot to be desired, there's better platforms for just starting out.
User Experience6.5
Security4.5
Payment & Fees8.8
Reliability5.3
Beginner Friendly7.6
Reader Rating2 Votes4.9
Pros
150+ Trading Pairs
Low Fees
No Account Required
Cons
Few Support Articles
Hacked in 2015
6.5
OUT OF TEN
Check It Out
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