This platform supports a wide range of trading pairs and cryptocurrencies; if users want to trade their preferred digital asset at the market value, they can easily execute the trades on the platform. Fastest Growing Crypto and Bitcoin Casino. Hotbit has different trading fees for takers and makers, which is a norm in today's trading business. Include the full name of the asset to minimize confusion. Even though this platform does not have an affiliate program to encourage its users, comparing its other features, we can say that it is a good platform that offers multi-currency support, reasonable trading fee, and high security. Click on any of coins to learn about the features of the project, the token distribution and status, and useful links, such as to the tokens website and/or whitepaper. Leveraged trading is not supported, too. For more info about its fees visit its official site. Another fee to consider before choosing which exchange to trade at is the withdrawal fee. Makers place limit orders or make requests to buy in at prices less than listed or sell out at prices higher than listed. To find a reliable exchange where you can start an account, just use ourExchange Filtersand we'll help you find the right platform for you. Hotbit does indeed provide support for a large number of cryptocurrencies. If the system detects you input a wrong format, it will inform you of an invalid address. Then scroll down slightly to the buy/sell section immediately below the graph. The date is not specified and no other info is given. Users are asked to use SMS verification when they are logging in, withdrawing, managing API, and modifying passwords. All rights reserved, We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. In lieu of continually asking for exchanges as we have been, the directive of focusing on alternatives such as community growth, education, or a slew of other topics could be galvanizing for us. According to Bitcoin Market Journal, majority exchanges charge a listing fee which varies depending on the size and popularity of the exchange. Hotbit is a relatively new cryptocurrency exchange that is poised to offer crypto investors the ability to trade a long list of coins. We have gathered some of the best merchants that accept crypto in one place. Please let us know your thoughts on the CEX listing efforts and where we should focus our energy as a community. The platform is easily accessible in many countries globally; It has a high return on investment that is second only to Binance, OkEx, Huobi, and Gate.io; The exchange has a large number of listed assets, with a lot of trading pairs. Hotbit exchange is one of the leading cryptocurrency exchanges, established in 2018, and it offers advanced features, a mobile app, and an intuitive user interface. If you have not read the 10th Digest, Click here to read HOW TO PARTICIPATE IN 800,000 QND LISTING POOL There is also the option to search for a crypto pair, so you do not have to scroll through the expanding list. I would love to have $FX on FTX Exchange, reputable and have direct bank transfers in almost any country including Singapore, direct wire bank transfers for both deposits and withdrawals for DBS/POSB. Overall we would recommend testing out HotBit if they have some coins or tokens you are looking to acquire, we recommend not keeping a large balance on the exchange though and making sure you enable the 2FA security option. Despite the ongoing bear market, the JPEX exchange continues to expand its territories of operations, and constantly upgrades and optimizes Hotbit takes hostage of peoples coins, at the slightest mistake done by users. Aside from a wide range of cryptocurrencies, Hotbit also provides a broad list of trading pairs. All marketplaces for NFTs in one, easy to compare, list. Different exchanges have different trading views. This platform provides the traders the history of deposits and withdrawals. Will team post required info for listing purposes? An network address is, in essence, a specific location on the blockchain to which coins can be sentin the form of a string of letters and numbers. We are already in discussion to list Qnode.Defi to Hotbit Exchange. If not then being specific and less vague with us will give us a direction to work with. Apply to List Hotbit 12 days ago Updated Follow Please fill in the application form below for token/coin listing. Simply fill out the form and email it to the listed email address. Also, the user may change candles for hollow candles, or display Commodity Channel Index, Net Volume, and many other tools. In general, the execution is clear and intuitive. They also need to work on the provision of liquidity as most of the listed assets are low caps, which usually have liquidity issues. If you get a network busy error message, this means that the network is currently congested due to a high volume of use. No other exchange does it except FTX - They accept different FIAT currencies too. 10% on the chain and another 10% Hotbit fees? The current circulating supply is 277,080,562,500,000 NFT. Im trying to withdraw hex from hotbit, which I'm now thinking I should have just avoided. Why Goldmans Went Off the Rails? In order to clarify what this exchange has to offer us, we will examine its design and features that are important to traders and investors in general. This represents a -1.20% price decline in the last 24 hours and a -1.50% price decline in the past 7 days. There are many reasons for being flagged as inactive. Advanced traders can click on the symbol of a graph immediately above the graph and find dozens of indicators to look at. Unfortunately, the link takes you to a page in Chinese, but the link to the form itself is in English and the website translation for the page is enough to understand the basics. Hotbit charges Maker and Taker transaction fees as well as withdrawal fees on most tokens and coins but not all. Gotbit inflates trading volumes on obscure cryptocurrency exchanges for a fee and has about 30 token projects as clients. Hotbit provides a deposit address that should be used to fund the account. However, the traders can use the platforms native cryptocurrency token HTB token to reduce the transaction fees, which is -0.05% to -0.50% for any maker models. You should yourself determine which trading view that suits you the best. With this in mind, until more is known and the platform has time to mature and gather more online reviews we recommend only using it by transferring small amounts, making your trades and withdrawing back to your own wallets. Zero fee spot trading: Passive Income With Staking, Mining Pool, Crypto Earn program, Crypto loans: Deposit Fee - 0%: Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment: Crypto bonuses up to $170: Strong Research: 500+ supported coins: Strong Research: Overall Cons: No tier-1 regulation No tier-1 . The FOIN holders then had to transfer their digital assets to the FoPay platform, with only a two-week lead time and an $8.75 fee to transfer each token. The exchange promotes four things in particular as reasons to choose Hotbit as your trading platform. After signing in, they can add deposits to their account and proceed with trading. Hotbit is an exchange launched in January 2018 that offers trading in many very unusual cryptos. Lets look at some of the features of Hotbit exchange:-. Interests are distributed in such currencies as Bitcoin, Ethereum, ATOM, DASH, and many others. There are currently over 1 million registered users, 90% of which are not Chinese. Withdrawals are not processed, accounts can't be signed on to etc. We This company also provides a wide list of trading pairs and offers its users new digital assets and tokens. Naturally, this is very important to its user base. The potential user should provide an email address and set the password. From the beginning, this cryptocurrency trading platform has gained more than 7 million active users registered on the platform from over 170 countries. Some of the advanced technologies that the exchange uses include a high-speed trading engine that is memory-based with backups in multiple machines, hot wallets featuring offline private keys, cold storage locations, distributed storage, global server load balancing, and distributed server clusters. As a reward for increasing liquidity, they do not have to pay transaction fees. With a circulating supply of 770 Million HTB, Hotbit is valued at a market cap of $3,110,151 . Further, Hotbit withdrawal fees for primary tokens, such as BTC, ETH, and USDT, are charged reasonable fees like 2 USDT, 0.01 ETH, and 0.001 BTC. Here you will find detailed information about most of the cryptocurrencies the exchange supports. My services: Listing on Crypto Exchanges. What Other Services and Programs Does Hotbit Offer? 2023 CoinMarketCap. "name": "Is Hotbit Safe? Also, there's a so-called "Lazy Mode" that allows exchanging the assets quickly but probably not for the best price. Hotbit offers a different method to decrease trading fees one can do it via using HTB coins (Hotbit native token) to pay fees. Registration . } They can also be contacted directly on their WeChat group, official Chinese and English telegram channels, official Twitter account, and also through Facebook accounts. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. The next step is to confirm the account with the key code sent for email verification. The fees page also provides a quick refresher on the maker-taker model. However, there are a few comments that suggest that Hotbit is not a stellar exchange but is also not too bad to use for the basic purpose of trading. However, it may have to improve its services to make it more inclusive for users. Thanks, stay tune for more exciting news. Read about how we use cookies and how you can control them on our, We have received reports from multiple users being unable to withdraw funds from this exchange and losing funds marked as deficit. In order to purchase your first cryptos, you need a so called entry-level exchange, which is an exchange accepting deposits of fiat currency. but for NEW coins or token on hotbit it's all a scam. The default option is candles. Leave your review about Hotbit here. Hotbit does not support US customers. Please make sure you select the correct network. Thanks @zaccheah @DavidK @indra for coinbase listing. Check https://listing.help/ for consultation help, Wow this is very nice!! Further, Hotbits exchange trading fee for takers is at par with the industry average. Most of the team members are the citizens of China, USA, and Taiwan. To our understanding, if you hold the platforms native token, Hotbit Token (HTB), and pay trading fees with that, the trading fees for takers are even lower. Coinbase Delists Stablecoin Binance USD (BUSD), KuCoin Review: Cryptocurrency Exchange With Margin, Futures & Earning Options, Beginners Guide to Bitfinex: Complete Review, G20 Summit: India Seeks Balance In Crypto Regulation, Metatime: Comprehensive Blockchain Ecosystem With Over 70 Products, DeFi protocol Bumper Challenges The Options Market With Fresh Perspectives On Risk Management. Also, it provides the following security measures:-. You can also click on the TxID to see the status of the relevant transaction in thatblockchain explorer. Finally, they can log in to the account, deposit funds, and proceed with trading. Here, at Hotbit, you only have to pay the network fees when withdrawing. Hotbit deposit fee is freefor cryptocurrencies. Official Statement: notices of counterfeit email listing@hotbit.io impersonate Hotbit listing team to charge fees for listing Hotbit is Currently Recruiting Global Promotion Ambassadors Announcement regarding on the weekly Hotbit repurchasing HTB fee Announcement regarding Hotbit launching a deduction function of transaction fee with HTB If the user wants to register on the Hotbit platform, they need to go to the websites homepage and click the Register button. Hotbit withdrawal fees are determined by the network cost of the blockchain and not the platform. Hotbit outlines its mission as providing an asset exchange service that is safer as well as more convenient while constructing a world-class exchange platform and integrating the leading blockchain assets. Clicking on any of these cryptocurrency pairs adjusts all the charts, graphs, and 24-hour information accordingly. This measure critically decreases the potential amount of intrusions. To the right of that, you will see the 24-hour change, the 24-hour high, the 24-hour low, and the 24-hour volume. We as the community have no actual power to make negotiations on behalf of the FX team when it comes to listings and corporate partnerships. The traders can deposit or withdraw their digital assets like Bitcoin, Ethereum, etc., from this exchange. However, no KYC is required, so users will only rely on their 2FA codes and passwords. Hotbit deposit fees are zero. Why I get a Network busy error message? CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. The traders the history of deposits and withdrawals s trading business to improve its services to it... Hotbit 12 days ago Updated Follow please fill in the application form below for token/coin listing other.! Add deposits to their account and proceed with trading this means that network. 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