Overview of HitBTC exchange and its currency list

HitBTC Review

HitBTC is one of the biggest cryptocurrency venues in Europe and enters top 10 exchanges on trading volume. It has been working since 2013 offering markets for ETH, BTC, USDT, Monero and many others. HitBTC currency list is rather long - the number of coins is over 300 – an excellent selection for casual customers and professional traders. The platform is highly recommended for flawless uptime and ability to handle the volume over $250 mln easily.  The founders are financial experts who are aware of the demand in the market and implemented the features in accordance with customers’ requirements.

It is not surprising why the venue achieved success. The platform has gathered the best minds in the sphere to deliver flawless experience to users. As a result, a very powerful trading engine was created, which elevates the industry standards. A highly effective algorithm copes with a huge volume of orders. It is known for its rebate system that contributes to higher liquidity, unlimited depositing and withdrawal of virtual cash, extensive functionality enabling use of over 500 tools and progressive API. HitBTC API is one of the best in the market and it’s a pleasure to use the software product.

Recently it was announced that the company is going to support playgame token (PXG) as well. It is worth reminding that PXG is one of ERC-20 tokens with smart contract platform, which gives an opportunity for game developers to invest virtual cash into their product and establish the economy within the system.

We also learned from HitBTC news about integration of Electroneum to the platform and its pairing with Bitcoin. Now over 2.3 mln users use the virtual coin and easily transfer digital money from one mobile phone to another. It was done out of customers’ need. The company constantly received requests on necessity of enlisting this crypto. As HitBTC is a big player in the market, it immediately affected the value of coin. This is explicable as broader audience received easy access to the coin. It was a big boost on the way of ETN development. ETN is an easy and fast solution for mobile payments in the developing countries. ETN also enables mobile mining. The goals of Electroneum are rather ambitious. Its motto is to become Paypal in crypto sphere. Whether it is possible or not, HitBTC helped the coin a little when it added it to the list of cryptocurrencies.  

The site of the exchange has 6 language versions thus embracing rather big audience.

When you register with HitBTC, you need to provide an email address and then verify it after you get email message with confirmation link. Trying to confirm your identity, you need to agree to privacy policy terms first – the standard practice for many cryptovenues. If you decide to register with FYB-SG, Novaexchange, Tradesatoshi or GetBTC, you need to expect the same with some variations.

The user is asked to check the boxes to confirm the age (over 16) and give consent to collection, control and processing of information. There is a third box to be checked there asking for permission to include you to mailing database, but it is not a necessary condition. The sign ‘confirm’ becomes active after checking two above boxes. Email letter also asks the novice to contact HitBTC support in case the one fails to verify.

I haven’t managed it first. It gave the message “Security token check failed” but the second try was successful. I received access to the account with an offer to use VISA bank card to deposit funds to the account and create the crypto wallet. The link directs you to the site of Freewallet where you need to register as well and create 4-digit PIN code.

There is multilingual chat on the site, which includes discussions in English, Russian, Spanish and Portuguese.  The company is social friendly and is widely presented in social networks.

One can’t say that the site is customer focused. Still it tries to satisfy the demands of their clients. The site support delivers help though there are some complaints about the quality of support. But the customers keep on coming. The service is liked for its low fee service.

Big exchanges like HitBTC change the landscape of the industry so this variant is really worth regarding. If you still worry over it, visit Bitcointalk topics devoted to HitBTC exchange. There you will learn about the impressions of other users who applied to the site They say about its pros and cons comparing it with other crypto venues. Not all agree with assertion that the platform is the most advanced site in crypro industry. Some users stick to the opinion that it has fallen behind. You should try the service to make your own conclusion on the subject.