HitBTC
⭐ Trust Score: 4/10
🏆 Arbi.TEAM 2/10
📋 Basic information
📊 Trading statistics
📖 About exchange
HitBTC
European exchange with deep liquidity
Basic Information
| Founded | 2013 |
| Country | British Virgin Islands |
| Type | Centralized (CEX) |
| Trust Score | 4 |
| Rank | #538 |
| 24h Volume (BTC) | 1405.06 |
| Coins | 192 |
| Pairs | 293 |
History
HitBTC has been operating since 2013, making it one of the oldest active exchanges in the market. The platform was created by a development team from Eastern Europe and quickly established itself as a reliable trading venue with high liquidity. In its early years HitBTC stood out for supporting a large number of trading pairs and a bot-friendly API.
In 2017 the exchange significantly expanded its team and launched a loyalty program for active traders. In 2020 HitBTC introduced fiat deposit support through partner payment services. By 2022 the exchange updated its interface and added a mobile app.
In recent years HitBTC has focused on B2B solutions and liquidity for institutional clients. The platform is also known for strict KYC requirements introduced in 2021. Despite lower volumes compared to peak levels, the exchange maintains a loyal user base.
Key Features
Low Fees
Standard rate of 0.1% with reductions down to 0.05% for high volume traders.
High-grade API
REST and WebSocket API with low latency, popular among algo-traders.
Margin Trading
Up to 10x leverage on selected trading pairs.
Fiat Gateways
Deposits in EUR, USD, GBP via Advcash and other services.
Loyalty Program
Fee discounts based on trading volume and referral rewards.
Demo Account
Test environment with virtual funds for strategy development.
Trading Fees
| Operation | Fee |
|---|---|
| Spot Trading (maker) | 0.1% |
| Spot Trading (taker) | 0.1% |
| Margin Trading (maker) | 0.08% |
| Margin Trading (taker) | 0.08% |
| Crypto Deposit | Free |
| Crypto Withdrawal | Network dependent |
Security
HitBTC uses cold storage for funds, two-factor authentication, and data encryption. The platform undergoes regular security audits. The exchange has not reported any major hacks, which is a positive signal. However, reserve transparency remains low — there is no Proof of Reserves.
Geography & KYC
The exchange is registered in the British Virgin Islands. Since 2021 mandatory KYC applies to all users. Verification is supported via passport, driver's license, or ID card. Russian users can verify normally. HitBTC does not serve residents of the US or China.
Pros & Cons
Pros
- Low trading fees from 0.1%
- Quality API for automation
- Long history without major hacks
Cons
- Low Trust Score (4)
- No Proof of Reserves
- Limited coin selection (192)
User Reviews
The exchange API is praised for stability and speed, attracting bot traders. Makers report deep liquidity on major pairs. Criticism mainly concerns mandatory KYC and periodic verification delays. Trustpilot rating is 3.5 out of 5.