A Concise Introduction to HitBTC Crypto Exchange in 2020
HitBTC was established by the crypto industry and tech experts in 2013, and since then is one of the leading crypto exchanges like Coinbase, Binance, Bittrex, Kucoin, etc. The HitBTC platform has a trusted and reliable history and offers its users a wide range of services.
The HitBTC crypto exchange provides various tools and characteristics that fulfill the intricate requirements meet of the most experienced and demanding crypto traders, making them capable to trade in real-time trading with having low latency and fast transactions, the highest degree of trust, and the peak performance. The HitBTC exchange introduced the automated and algo traders the most trusted and fast REST, FIX API, and WebSocket.
Fundamental Trading Pairs
HitBTC is considered as one of the highest volume crypto exchanges regarding spot trading in the crypto industry with more than 800 trading pairs e.g., Bitcoin, Ethereum, EOS, Litecoin, Tron, and many others.
The platform has highly focused on security and has utilized extensive cryptographic schemes with defined operational mechanisms.
The platform aims to maintain trust, reliability, user data, and crypto-assets security, and provide the best performance. Based on in-depth knowledge of technological innovation, economic system, and finance, The team has developed technologically advanced trading platforms in the crypto industry. The platform utilizes two kinds of custody: HDKey tech-based top-tier security for the leading 10 cryptocurrencies on the crypto market and regular security protocols for remaining crypto-assets. The company strictly prohibits using third-party software.
HitBTC KYC Policy
The HitBtc platform takes the necessary steps to avoid bad actors and develop secure operations (KYC/KYT/Market Surveillance/AML) in full cooperation with the regulatory authority.
FAQs about HitBTC
Some of the frequently asked questions regarding HitBtc are,
What is HitBTC?
HitBtc is one of the famous bitcoin exchange that offers cryptocurrency trading services to organizations, traders globally. The HitBtc platform offers trading operations for many well known digital currencies (BTC, LTC, DOGE, XMR, BCN, etc.) and also provide fiat currencies (e.g., EUR, USD).
Is HitBTC safe?
The crypto trading platform HitBtc is considered much safer. Its been operational on the crypto market for many years and since then no users’ funds ever been stolen or hacked.
Where is HitBTC Exchange located?
The headquarters of HitBtc is situated at 19, 7/F. One Midtown 11 Hoi Shing Rd, Hong Kong.
Can US citizens use HitBTC?
According to the available online information, US Clients are not welcomed on the exchange but they are suggested to contact the platform administration for further assistance via their customer support services.
Does HitBTC require KYC?
The KYC verification is a necessary process to verify the users’ identity of HitBtc. Crypto traders are required to provide scanned identity documents that are verified in a background check by the concerned department. The KYC procedure assures the security of all crypto traders.
Does HitBtc provide margin trading?
The simple answer is no but is planning to provide in the future. However, on the Demo platform, the option of margin crypto trading on HitBtc is available.