HitBTC Pro Review 2024

Our veredict

HitBTC is a long-standing cryptocurrency exchange that has been in operation since 2013, known for its extensive selection of over 800 trading pairs and 400+ cryptocurrencies, including major ones like Bitcoin, Ethereum, and many lesser-known altcoins. It provides robust security features, including two-factor authentication, advanced encryption, and cold storage for assets, ensuring a high level of safety for users. The platform is geared towards both novice and experienced traders, offering features like margin trading with up to 10x leverage and support for TradingView charts, enhancing the trading experience.

However, HitBTC is not without its drawbacks. The exchange has been criticized for its outdated interface, lack of direct fiat support, and slow customer support response times. Additionally, the opacity regarding its headquarters and management has raised some concerns about transparency. Despite these issues, HitBTC remains a reliable choice for traders looking for a wide variety of trading options and strong security measures.

Pros

Advanced Security Measures: HitBTC employs advanced security protocols, including regular audits and sophisticated monitoring systems, to protect user assets.
Global Accessibility: The exchange is available to users worldwide, excluding a few restricted countries, making it accessible to a broad audience.
Wide Range of Supported Coins: The platform supports over 400 coins across 800+ trading pairs, catering to both major cryptocurrencies and smaller altcoins.

Cons

2,5

Threenvest Score

Fees

0.09% (Maker), 0.10% (Taker)

U.S Legal

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To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

Why choose HitBTC Pro?

HitBTC is a compelling choice for cryptocurrency traders due to its extensive coin offerings, advanced trading features, and strong security measures. The platform supports over 800 trading pairs and 400+ cryptocurrencies, providing a broad range of options for traders looking to diversify their portfolios. This extensive selection, combined with advanced features like margin trading with up to 10x leverage, makes HitBTC a versatile and powerful trading platform suitable for both beginners and experienced traders.

Security is a significant advantage of HitBTC. The platform employs multiple layers of protection, including two-factor authentication, advanced encryption technology, and cold storage for digital assets. These measures ensure that users’ funds and personal information are safeguarded against potential threats. Furthermore, the exchange’s compliance with regulatory guidelines enhances its credibility and trustworthiness among users.

Another key strength of HitBTC is its low trading fees, which operate on a maker-taker model designed to increase liquidity. With competitive fees and a transparent fee structure, traders can maximize their profits while minimizing costs. The platform also supports TradingView charts, providing advanced analytical tools for in-depth market analysis and strategic trading.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert in cryptocurrency trading, I can confidently say that HitBTC is a solid choice for traders looking for a platform with extensive cryptocurrency options and advanced trading features. The platform’s robust security measures, including two-factor authentication and cold storage, provide peace of mind for users. Additionally, its low trading fees and comprehensive analytical tools make it suitable for both novice and experienced traders. However, it’s worth noting that customer support can be slow, and the interface may feel outdated to some users. Overall, HitBTC offers a secure and versatile trading environment.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.