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  2. HitBTC is Absolutely a SCAM website! Can't withdraw at all! The people hiding behind this site are completely anonymous.... HitBTC scams by creating endless obstacles to people trying to withdraw their funds. They make deposits incredibly simple. They make withdrawals incredibly hard. I'd had an account with HitBTC since long time ago.

    • HitBTC Review: Summary
    • HitBTC Location, History, and Background
    • HitBTC Fees
    • HitBTC Security Measures: Is HitBTC Safe?
    • Exchange Design and Usability
    • HitBTC Otc
    • HitBTC Deposit and Withdrawal Methods
    • Conclusion

    HitBTC is an old-time bitcoin exchange established in 2013. Since then, the exchange has made a name for itself as a go-to place for buying and selling low cap altcoins. It exchanges a wide variety of digital assets, including most popular cryptocurrencies like bitcoin (BTC), ethereum (ETH), litecoin (LTC), ripple (XRP), dogecoin (DOGE), monero (XM...

    Founded in 2013 and launched in February 2014, HitBTC is an advanced cryptocurrency exchange specializing in altcoin spot trading. It boasts of being established by experienced system architects, technology engineers, and finance experts, though most of HitBTC team remain anonymous, which is a big red flag for some users. Reportedly, the company wa...

    Trading cryptocurrencies on HitBTC comes with a simple fee structure. It does not charge fees for cryptocurrency deposits, but incur a cost for placing orders and withdrawing funds from the platform. HitBTC trading fees are among the lowest in the industry. Unverified users pay 0.1% maker fee and 0.2% taker fee. Meanwhile, verified users fall into ...

    HitBTC does security well. As such, it has never been hacked before, or at least haven’t disclosed any such incidents. Some sources claim that HitBTC was hacked in early 2015 together with BTER and Excoinexchanges, though the information hasn’t been confirmed. For one, it lets users set up two-factor authentication for all their transactions, a...

    HitBTC exchange. Source: HitBTC.com For the inexperienced cryptocurrency buyer or trader, navigating the HitBTC website is, at first, a dizzying experience. Much of this initial complexity comes from how HitBTC is focused more on the experienced trader than on people new to cryptocurrency. As such, more experienced retail traders and professionals ...

    HitBTC also offers personalized OTC (over-the-counter) trading services for high-volume traders. Over the counter traders take place as a result of a partnership with TrustedVolumes.com. To qualify for HitBTC’s OTC service, you must exchange over USD 100,000 per trade. Each trade will incur a 0.1% transaction fee.

    Although HitBTC used to support fiat currencies such as US dollars (USD), British pounds (GBP), or euros (EUR), it does not support them anymore, and there is no way to link HitBTC accounts with personal bank accounts. However, you can still purchase cryptocurrency with fiat and deposit it directly into your HitBTC wallet address using Changelly in...

    HitBTC is an interesting and exciting exchange. It does offer one of the broadest cryptocurrency markets selection in the entire industry, and its trading fees are the lowest, too. The exchange is relatively secure and easy to use but is a better fit for more experienced traders. However, unregulated anonymous exchanges in obscure locations do attr...

  3. May 16, 2023 · Scammers have stolen millions in crypto pretending to be HitBTC, a little known crypto exchange founded in 2013, the team of MistTrack crypto compliance platform said in a tweet Monday morning....

    • anna@coindesk.com
    • Investigative Reporter
  4. Mar 23, 2023 · Individual customers in their reviews accuse HitBTC of being a scam. In most cases, these reports refer to the cases when users were unable to immediately withdraw their coins because they didn't manage to complete the KYC procedure due to delays in the customer support replies or the users' own unwillingness to provide the requested data.

    • Patricia Wood
    • hitbtc scam1
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  5. No, HitBTC absolutely is a scam. The scam is to wear down 95% of people. If you're one of the 5% that handed every personal document you have to get back your funds, and attacked them on social, after spending dozens of hours on just getting your funds back, you are just a small cost of doing business.

  6. Apr 24, 2023 · In this in-depth HitBTC review we will dig into the exchange operations, platform, customer support, trading fees and security procedures. We will also give you some top tips to avoid being scammed. HitBTC Promos.

  7. May 15, 2023 · A crypto scammer has stolen more than $15 million in bitcoin, ether, tether, and SHIB by cloning the user interface of popular Hong Kong-based crypto exchange HitBTC.