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☑️NEW hotbit.io Reviews: SCAM or LEGIT?

funkymoney

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HotBit is a cryptocurrency exchange founded in 2017

ETF champion challenge
30th june to 10th july
$5000 USD

Hotbit is a newly-launched digital assets platform that does not work with fiat currencies. This means that it only offers coin-to-coin trading and does not work with fiat currencies.
Like most exchanges, this one also offers a single account type with Google two-step (2FA) verification for security reasons.
To make transactions, you have to store cryptocurrency on your wallet and then deposit the quantity that you want to trade on your account. If you want to trade BTC/ETH, for instance, you need to deposit BTC.
Your first step to begin using HotBit is to register.
HotBit provides trading 24/7 and smooth operations that will make your life easier.
It uses a 2-step authentication
Competitive trading fees
Hotbit does not charge those who place passive orders in the book, thus adding liquidity to it (a.k.a. Market makers). Market takers, on the other hand (who take the best available price), are charged with a 0.25% fee, which is not much.
 
From my little experience on this website , I really don't recommend it
The withdrawal fees are just huge
For BTC is is a crazy 0.001 BTC which is worth more than 10$ , how crazy is that ?!
And fore most of the other currencies it is around 1$ take or give
 
For me huobi it is a great exchange but due to its great rates it has no cost to use it I use binance and coinbase binance for all the time it takes it is usually known for its great low rates
 
Hi i am Rikoo,

Today I deposited in hotbit but i didn't receive my payment to my account in hotbit.

So i contacted support by email and they said that i sent money to another wallet

1639241496012.png


But i am sure that i sent the token to this address
1639241611544.png


And here is the transaction
1639241669647.png


So i don't if i am wrong with something i didn't know or what
 
HotBit is a cryptocurrency exchange founded in 2017

ETF champion challenge
30th june to 10th july
$5000 USD

Hotbit is a newly-launched digital assets platform that does not work with fiat currencies. This means that it only offers coin-to-coin trading and does not work with fiat currencies.
Like most exchanges, this one also offers a single account type with Google two-step (2FA) verification for security reasons.
To make transactions, you have to store cryptocurrency on your wallet and then deposit the quantity that you want to trade on your account. If you want to trade BTC/ETH, for instance, you need to deposit BTC.
Your first step to begin using HotBit is to register.
HotBit provides trading 24/7 and smooth operations that will make your life easier.
It uses a 2-step authentication
Competitive trading fees
Hotbit does not charge those who place passive orders in the book, thus adding liquidity to it (a.k.a. Market makers). Market takers, on the other hand (who take the best available price), are charged with a 0.25% fee, which is not much.
Hotbit is cool as it listed some newly created coin which you can use to make more profit in the market
Bloc is listed on hotbit and i have some gains on it but the gas fees is too high .
Plus the fact that they don't accept fiat
That makes it bad and as for beginners you can't use it
 

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