Hotbit Review: Is Hotbit trustworthy?

The exchange will distribute HB tokens to users based on their contributions to the company’s development. This will encourage investors to support the company by purchasing tokens, providing a new way for cryptocurrency users to contribute to developing projects they believe in. One especially useful section of Hotbit is the “Coin Information” page, which is within the Support Center. Here you will find detailed information about most of the cryptocurrencies the exchange supports. 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 token’s website and/or whitepaper. Switch to spot trading on exchange and type the coin name in search form.

Hotbit is a relatively new cryptocurrency exchange that is poised to offer crypto investors the ability to trade a long list of coins. It offers a digital asset exchange platform that is well designed, intuitive to use and has support for the major cryptocurrencies. Hotbit is a cryptocurrency exchange platform that allows users to deposit, trade futures, and withdraw assets without the need for KYC verification. The signup process for Hotbit takes less than a minute, and users can connect their 2FA to deposit cryptocurrencies.

What is Hotbit? Guide to Hotbit sign up for newbies 2022

It is an ERC20 token, a technical standard used for smart contracts on the Ethereum blockchain with a Total Supply of 2,500,000,000 HTB. The most prominent feature of the Hotbit exchange is listing a lot of potential coins. With nearly 2000 coins & tokens, this is 5 times the number of coins & tokens of Binance & FTX.

  • Only downside is generally have to pay a small fee to transfer your crypto from the crypto exchange.
  • To get USDT, you have to go to market, fiat markets, and search here for your pair with the currency you have, in our case EUR/USDT.
  • There are minimal withdrawal fees, which vary based on the token in question.

Hotbit applies various transaction fees for different services. They are the Maker Transaction Fee, Take Orders Fee how to short a stock on robinhood and Deposit. This means that the maximum or minimum price of the tokens you want to buy or sell depends on you.

Currencies and Payment Methods

You can also completely customize the graph in terms of colors, price line thickness, scale location and type, backgrounds, and time zone. Now you will be taken to a screen to make the payment with your debit/credit card, and once you have entered it, just click on purchase and that’s it. After a few minutes, the USDT or the cryptocurrency you have purchased should appear in your HotBit balance. This fee applies to users offering to buy any type of token at a price lower than the price in limit order. It also applies to ordering any type of token at any price higher than the price limit order.

What isHotbit exchange app on Android and iOS?

Simply fill out the form and email it to the listed email address. To the right of the graph, you will find the order book, with the option of viewing just “buy” orders, just “sell” orders, or both, and your choice of decimal places from five to eight. Below the order book is the trade history, including the price, amount, and date and time.

Bitget Review: A Deep Dive into This Crypto Exchange, Is it Legit?

The basic information that is usually collected is a portrait photo, ID number, Passport, address, etc. to eliminate unqualified people. Google Authenticator is an application that automatically generates a random 6-digit code to log into your account. However, these 6 numbers only last for 30 seconds and will change to 6 other numbers on their own.

From there, you will go to two-factor authentication, with your choice of Google Authenticator or Mobile Text Message. Enter the authentication code you receive to finish setting up your account. Now, you will be ready to log in and use Hotbit in the future. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we’d have to take through a traditional exchange. To get USDT, you have to go to market, fiat markets, and search here for your pair with the currency you have, in our case EUR/USDT. We will have to go to sell and mark the amount you want to use and exchange for USDT.

Since Hotbit is still a relatively new exchange, the website is not yet complete. In the future, it will add details about an Affiliate Program and an Elite Program. At the time of writing, each of these programs has an empty page on the Hotbit website with a message that information is coming soon.

The crypto exchange market is more competitive than ever, and new entrants are trying to make a mark. Hotbit is a new crypto exchange that aims to achieve success by providing a wide range of digital assets and competitive trading fees. The platform offers a variety of services on its website, including information about tokens, their potential value, and the ability to buy, sell or trade with other users. Hotbit offers a range of options for users to purchase digital assets. One of the most common ways to buy crypto on the platform is through spot trading, which allows users to purchase cryptocurrencies at the current market price.

Along the left side of the “Exchange” page, you will find all of the cryptocurrency pairs supported by Hotbit. Select either the BTC or ETH tab or go to your favorites that you have marked with a heart. You can sort the crypto pairs by price, volume, or USD, and each one will display your chosen sorting method with the percent change next to it. There is also the option to search for a crypto pair, so you do not have to scroll through the expanding list. Clicking on any of these cryptocurrency pairs adjusts all the charts, graphs, and 24-hour information accordingly. Still, it has a more extensive customer base and a more comprehensive selection of digital assets than Hotbit.

Leave Comment

Twój adres e-mail nie zostanie opublikowany. Wymagane pola są oznaczone *

Witryna wykorzystuje Akismet, aby ograniczyć spam. Dowiedz się więcej jak przetwarzane są dane komentarzy.