HitBTC
⭐ Trust Score: 4/10
📋 Basic information
📊 Trading statistics
📖 About exchange
ℹ️ HitBTC Exchange — centralized crypto exchange founded in 2013 in the British Virgin Islands, offers over 500 crypto pairs with 24h volume of about 1330 BTC and a trust score of 4 per CoinGecko.
🪙 Trading Products and Tools
HitBTC focuses on spot crypto trading with over 500 pairs, base assets BTC, USDT, ETH. Supports margin trading up to 1:12 leverage, OTC transactions, and robot-friendly API. No futures or direct fiat-to-crypto pairs, but fiat can be used via built-in exchanger. Fees are high for Starter/General accounts, lower with upgrade and volume. Trade volume limits apply.
Spot Trading
Over 500 coins, many BTC/USDT/ETH pairs, suited for expert traders.
Futures Trading
Not available.
Passive Income
No staking or earn programs.
Staking: Not available.
Copy Trading: Not available.
Referral: No affiliate program.
Margin Trading: Up to 1:12 leverage.
🔐 Security and Support
HitBTC has average security with trust score 4/10 on CoinGecko, reviews note risks due to no mobile app and poor support. Active on social media (Twitter @hitbtc, Facebook), operating since 2013, but considered risky (TU Score 4.33/10).
Protection Measures
- 2FA
- Cold Storage
- Anti-Phishing
Regulation
British Virgin Islands, no specific licenses.
Support
24/7, but reviews cite low quality and slow responses, English language.
💳 Deposits and Withdrawals
Deposits and withdrawals only in crypto (0% withdrawal fee for crypto), no direct fiat support. For Russians, crypto transfers available, but no direct deposits from Russian cards due to lack of fiat gateways. KYC required for full access, limits without it. Exchange accessible in Russia, but with sanction-related risks.
KYC
Required for account upgrade and limit removal, Starter/General have restrictions without full KYC.
Deposits
Crypto only, fiat-to-crypto via exchanger.
Withdrawals
0% fee for crypto, standard speed depending on network.
👍 Pros and Cons
Pros
- ✅ Over 500 trading pairs
- ✅ 0% crypto withdrawal fee
- ✅ Margin trading up to 1:12
Cons
- ❌ High fees for basic accounts
- ❌ No mobile app
- ❌ Poor support and low trust score (4/10)
💡 Tips for Beginners
Security
Enable 2FA and use cold wallets for storage.
Fees
Study fee structure and upgrade account to reduce them.
Limits
Check withdrawal and trade volume limits after KYC.
🌐 Interface and Accessibility
Interface: Simple web interface for experts, no mobile app, English language.
Location: British Virgin Islands, accessible in Russia for crypto trading.
💱 Arbitrage Analysis
Many pairs (500+), low volumes create arbitrage opportunities, bot API, 0% crypto withdrawals.
Features
Low 24h volume (1330 BTC), high fees, trade limits, risks due to trust score 4.
Summary
Suitable for arbitrage on rare pairs, but only for experienced users considering risks and no fiat.