Some exchanges may also accept alternative forms of payment, such as a percentage of tokens or a revenu Continue Reading Sponsored by PureCare Knee Protector There are minimal withdrawal fees, which vary based on the token in question. The platform was launched in 2018. Transaction Fees for Withdrawal Transactions Besides the token withdrawn itself as the fee, $USDT and tokens of blockchains are added as new payment methods. Based on its globalized and unified strategies, Hotbit continues to focus on the world's emerging markets such as Russia, Turkey, and southeastern Asia markets. Powered by Discourse, best viewed with JavaScript enabled, Bitcoin Exchange | Cryptocurrency Exchange | CoinTiger, https://hotbit.zendesk.com/hc/en-us/articles/115005055073, Pending phase 3 product launch partnership, Exchange requires a active user community over XXX Size to list. If the user wants to register on the Hotbit platform, they need to go to the websites homepage and click the Register button. "name": "Does Hotbit Require KYC? { Compare ByBit and Coinsbit by 11 key criteria, such as fees, trading conditions, supported trading assets etc. There will also be a Mock Option Trading-function where you can practice option trading for free but without the risk of losing any actual assets. Hotbit is still a relatively new cryptocurrency exchange, but it has a great deal of potential. The languages include Chinese, English, Russian, Thai, Korean, and Turkish. If these are triggered, Hotbit can ask the user for KYC, which is often triggered when the user goes for withdrawing funds. Also, it provides the following security measures:-. It is also regularly audited by two audit firms, SlowMist and Beosin. All of the promoted advantages are things that we deem very important and we applaud Hotbit for having them all. I dont think Coinbase will list us soon. Hotbit provides a deposit address that should be used to fund the account. Besides, there are many short informative articles in the Support section of the Hotbit website that can help to solve some of the occurring questions. It will not be refund once token listed. The memo is not valid indicates that the user has input the wrong memo. For more info about its fees visit its official site. Users can trade and make unlimited deposits and withdrawals in any digital asset. It has more than $100 million as a daily trading volume. The people behind Hotbit outlines on their website that they believe in the core values of blockchain technology and Bitcoin. The default option is candles. Im not asking you to confirm anything but is there any hiccup with binance especially related to listing fee because that is one exchange that is worth whatever theyre asking and have to do everything in our power to get. However, it may have to improve its services to make it more inclusive for users. Anyway, it should be used with caution. "text": "There are no major security breaches, loss of funds, or hacks on Hotbit." How much did coinbase pro listing cost? Hotbit charges Maker and Taker transaction fees as well as withdrawal fees on most tokens and coins but not all. The exchange hasnt been around for long, so it could be hard to tell how its performing. Hotbit deposit fee is freefor cryptocurrencies. Finally, they can log in to the account, deposit funds, and proceed with trading. Also, there are allegations concerning fake volume. First, one needs to register. There are several cases where it is used to reward its users with an HTB token. Deposit fees: No fees are charged for making deposits. In case of activation of this feature, traders pay only 0.05% as a trading fee. This exchange has been flagged as inactive. One particularly useful link on this page is the New User Guide, which is available both via a help article and a video tutorial to accommodate all learning styles. A verification code will be sent to your email or phone, and after confirmation, you can access the full platform. This platform does not ask the user to register their KYC details for trading as they have high-risk intuitively control systems in their place. The certification process takes two business days. (Hotbit native token) to pay fees. There are some exchanges that list for a Fees but also in top 100 volume. We recommend you read the text below to understand why Hotbit has received the inactive flag. },{ It has two-factor authentication, which is considered the standard account protection norm for any crypto exchange. US traders should find a reliable crypto exchange located in their country." We need clarity so that we can focus on efforts that actually have positive effect on the community to help grow awareness strategically with well informed decisions. There are two important methods to register on this platform; either get registered through email or using a mobile number. All rights reserved, We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. Many coins use them. Those can be considered first. Some other exchanges have a rebate system that provides discounts on fees or even rewards instead of fees for those who place limit orders. Holo Price Prediction 2022-2030 - Is It A Good Investment. Also https://listing.help/ can be consulted for listing and fees consulting help for best offers. Please let us know your thoughts on the CEX listing efforts and where we should focus our energy as a community. Hotbit charges Maker and Taker transaction fees as well as withdrawal fees on most tokens and coins but not all. The number of cryptocurrencies they have added within the last few days indicates a genuine effort towards expanding the offerings, something that traders will certainly appreciate and can lead to a competitive number of cryptocurrency pairs. but for the main coins listed on many exchanges, hotbit it's safe. The fees seem quite high, but there are no hidden fees. I'm Shakhawat, Listing/IEO Specialist & Marketer of CMC's Top Exchanges. One of the most beneficial features of this exchange is they list the tokens immediately. Hotbit exchange is one of the leading cryptocurrency exchanges, established in 2018, and it offers advanced features, a mobile app, and an intuitive user interface. Then scroll down slightly to the buy/sell section immediately below the graph. The platform is easily accessible in many countries globally; It has a high return on investment that is second only to Binance, OkEx, Huobi, and Gate.io; The exchange has a large number of listed assets, with a lot of trading pairs. Some of them were already supported by Hotbit prior to listing on Binance, Huobi, and other top exchanges. It was ranked one of the top 3 most welcomed exchanges by Russian media in 2019. Despite the ongoing bear market, the JPEX exchange continues to expand its territories of operations, and constantly upgrades and optimizes Hotbit takes hostage of peoples coins, at the slightest mistake done by users. Search for jobs related to Sentiment analysis for indian stock market prediction using sensex and nifty or hire on the world's largest freelancing marketplace with 22m+ jobs. Also, note that you can only withdraw after 24 hours of depositing on the platform if you are a new user that just signed up. Some find Hotbit's withdrawal fees too high. Read More Markets Spot Perpetual Withdrawal fees: Even if withdrawal fees vary with the network like on any other exchange, it also depends on a few tokens as listed below: Maker fees: Maker fees are -0.05% for Global Select, -0.15% for Global, and -0.05% for Growing. Am I reading Hotbit notice correctly that we actually lose 20% transferring from a wallet to Hotbit exchange? The withdrawal fees charged by Coinsbit are slightly above the global industry average, which is 0.000812 BTC per bitcoin withdrawal. However, the traders can use the platforms native cryptocurrency token HTB token to reduce the transaction fees, which is -0.05% to -0.50% for any maker models. If we look into the user reviews about Hotbit, we will find out that some people have unpleasant experiences of using this exchange. The Hotbit platform is available as iOS and Android applications, and it can be downloaded as an app for Android phones from the Google play store. "@type": "Question", Ensure that the asset and exchange are tracked listings on CMC (See Section B. One of the advantageous features of Hotbit customer support is that the customer can contact support in several ways. In addition, this platform does not allow margin trading; the traders can start trading cryptocurrencies instantly when the funds are deposited on the Hotbit platform. In addition, this platform does not allow margin trading; the traders can start trading cryptocurrencies instantly when the funds are deposited on the Hotbit platform." Submitting a request is straightforward, just including your email address, the request type, a description, and the option of an attachment. . When choosing a cryptocurrency trading exchange to buy, sell, or trade-in digital assets, exchange trading fees play an important role. The exchange charges takers 0.20% of the order value. We will cover all these questions in this review. Hotbit makes its profit via transaction fees and follows a maker-taker model. BitMart - The most trusted cryptocurrency trading platform which provides real-time trading services including Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) trading. In November 2019, Hotbit moved higher to its last year ranking #13, and its 24-hour trading volume was 1.0 billion USD. The transaction cost should be analyzed when the user considers trading larger positions. Different exchanges have different trading views. You can also completely customize the graph in terms of colors, price line thickness, scale location and type, backgrounds, and time zone. It's understood that many of these accusations are quite typical in the industry. Coinsbit Accepted Payment Method What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. don't buy or trade New coins/tokens on hotbit if you don't want to regret it. Hotbit has a fairly attractive user interface but not so simple to navigate, mainly because of the many features it has. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. Find one by using our Exchange Finder! Most of the team members are the citizens of China, USA, and Taiwan. Exchanges Listing at : Hotbit, Bithumb Global, Binance, MXC, Coinmarketcap, CoinGecko Q1 2023. . However, they cant say specific names for now. According to the Hotbit review, Hotbit offers its native token, referred to as HTB token. There are many other successful exchanges hailing from these countries, for instance, Hong Kong is the motherland of such giants as Binance and HitBTC. The Hotbit trading platform offers a mobile trading app available on iOS and Android. Top exchanges like binance, huobi etc, Saves teams time and effort for exchange listings. last thing, those tokens will be DELISTED or deleted without a trace. exchanges that do not deliver volume dont help projects as post listing the pairs struggles to attract volume and end up delisted. As a reward for increasing liquidity, they do not have to pay transaction fees. This means that new crypto investors (i.e., those without any previous crypto holdings) cant trade here. The withdrawal fee is fixed at 170 hex! The users can trade with ETFs using cryptocurrencies. Its domicile country is unclear, but seeing as the company owning and operating the exchange is called Shanghai Gametree Information Technology Co. Ltd., a reasonable conclusion is that the exchange is from China. Naturally, this is very important to its user base. Go to file hotbitex Update rest_api_en.md Latest commit d8237f8 on Dec 20, 2019 History 1 contributor 1127 lines (856 sloc) 35.1 KB Raw Blame REST API Begin to Use REST is the abbreviation of Representational State Transfer, which is one of the most popular types of Internet software frameworks. And in extreme cases a hack which would eventually result in a dump of tokens on the community, Bilaxy in a typical example. The price of Hotbit (HTB) is $0.004014415628 today with a 24-hour trading volume of $229,837. At the bottom of the page, one can see the order book, and on the left side, it is possible to create the new limit order. Or community can donate some fx for listing fees. It is worth noting that there is a 1% charge for depositing using this method. Also, there's a so-called "Lazy Mode" that allows exchanging the assets quickly but probably not for the best price. Some customers have written poor reviews on the quality of customer service. 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. Trading fees are equal for makers and takers. The exchange promotes four things in particular as reasons to choose Hotbit as your trading platform. and a few months later will rugpull, Hotbit trading exchange features an array of coins combined with trading pairs with many altcoins, several trading pairs with DeFi tokens, and unique coins. MATIC equivalent of $30 for tokens on POLYGON. As far as we can tell, US-investors can trade here. It is a full-service crypto exchange with a trusted reputation. As such, you can expect the listings to grow continuously. Hotbit makes its profit via transaction fees and follows a maker-taker model. . Question. Thanks, stay tune for more exciting news. 2023 CoinMarketCap. "text": "As per our Hotbit review, Hotbit does not ask for KYC for registering on the platform, and trading, withdrawing or depositing funds. One of the special features of Hotbit is the distribution of current daily deposit interests among users. Traders on Hotbit will benefit from its simple, yet advanced trading platform with competitive trading fees. However, this company does not accept wire transfers, credit cards, or debit cards as deposit methods. If the address you are withdrawing to is an ERC20 address (Ethereum blockchain), you must select the ERC20 option before making the withdrawal. 4. In case of activation of this feature, traders pay only 0.05% as a trading fee. Some say that they were suddenly stuck with KYC when they were about to withdraw money. Yearn.finance's current price is $9854, putting it in 118th place among all crypto investments. The current price is $0.00000049 per NFT. In just the past hour, the price shrunk by 0.10%. 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. Wide functionality And there is no this overview is the best-view. One of the special features of Hotbit is the distribution of current daily deposit interests among users. Also, they need to fill in the account information. Leveraged trading is not supported, too. Your transaction will be credited to your account once it reaches the minimum amount of confirmations on the blockchain. Can community members contact exchanges for listing through their listing process? Top crypto & finance advertising network. They need to enter the authentication code they receive to complete the setting up of their account. All cryptocurrency deposits are supported and free of charge. It does not charge any specific cost to withdraw cryptocurrency from the exchange. To find a reliable exchange where you can start an account, just use ourExchange Filtersand we'll help you find the right platform for you. The traders can deposit or withdraw their digital assets like Bitcoin, Ethereum, etc., from this exchange. "text": "Hotbit does not support US customers. Coinsbit charges a withdrawal fee of 0.0005 BTC BTC for withdrawing BTC. If you get a network busy error message, this means that the network is currently congested due to a high volume of use. Croperson Super Level 1 Member Joined Aug 12, 2018 Messages "acceptedAnswer": { The exchange is simple and intuitive to use and the trading screen is modern and well designed. *Bilaxy will have the final interpretation of the above regulation. Further, Hotbit's exchange trading fee for takers is at par with the industry average. Secure APY of Investment Products 02-27 Hotbit will launch SHARBI (SHARBI) on March 2nd, 2023 On the exchanges page, users can easily see the listed assets, charts, and trade history. Can EGF funds be used or is there separate Funds? Withdrawal fees: Even if withdrawal fees vary with the network like on any other exchange, it also depends on a few tokens as listed below: In addition, this crypto exchange supports new coins regularly, which provides a competitive edge for experienced traders. After verifying the email address it is required to set 2-factor authentication. They are a bunch of scammers. The user needs to visit the Hotbit website, and they need to click the register option to proceed with the signup process. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. 3 Post-listing The core members of our team have all gained in-depth experience in both traditional financial and cryptocurrency industry. Zero fee spot trading: Passive Income With Staking, Mining Pool, Crypto Earn program, Crypto loans: Deposit Fee - 0%: Passive Income With Staking, DeFi Mining, Multi Currency deposits, Principal-Protected Investment: Crypto bonuses up to $170: Strong Research: 500+ supported coins: Strong Research: Overall Cons: No tier-1 regulation No tier-1 . Hotbit has different trading fees for takers and makers, which is a norm in today's trading business. The platform has gained 8 million registered [] If the amount is too little, you wont be able to request a withdrawal. Payment After relevant parameters are confirmed, the project team pays the fee required Confirm to List After the application is completed, our staff will contact you for listing Note: Please get the basic materials ready before applying for self-service listing and make sure that they are authentic, valid, and correct. On the homepage, the Register button is in the top-right corner. Please acknowledge that we are not responsible for any loss caused by any information present on this website. Disclosure:To ensure our sites review data always stays free & running up to date, sometimes we might receive a small commission if the reader purchases through our site links, at zero additional cost. In the Exchange tab, there are 7 markets. Further, Hotbit offers a mobile app so that the traders can trade on the go. For example Latoken lists meme coins for fees. This platform supports a wide range of trading pairs and cryptocurrencies; if users want to trade their preferred digital asset at the market value, they can easily execute the trades on the platform. Some of them were already supported by Hotbit prior to listing on Binance, Huobi, and other top exchanges. The total in the target currency will automatically update. Disclaimer: This page may contain affiliate links. Its our long standing policy of not commenting on which and when and wait for exchanges to announce it when it happens. Latoken has listed Solana also, so must be trust worthy. 2019-2023. Further, it notifies the user to provide two-factor authentication to safeguard their assets and trade on this platform. When the user wants to withdraw their funds, email verification is sent to their email, and after confirming the transactions, the process is carried out. If not then being specific and less vague with us will give us a direction to work with. Integrate your project on our exchange platform by filling out the application form and our team will contact you shortly. Most of the currencies on Hotbit are traded against BTC and ETH. Makers place limit orders or make requests to buy in at prices less than listed or sell out at prices higher than listed. ", If the network is congested, it may take longer for your funds to arrive. Registration . Some of the advanced technologies that the exchange uses include a high-speed trading engine that is memory-based with backups in multiple machines, hot wallets featuring offline private keys, cold storage locations, distributed storage, global server load balancing, and distributed server clusters. Pairs struggles to attract volume and end up DELISTED Hotbit charges Maker and Taker transaction fees well. Exchanges, Hotbit it 's safe a reward for increasing liquidity, they need to enter the code! Ios and Android will automatically update Taker transaction fees as well as withdrawal fees most! Where appropriate in their country. s exchange trading fees for those who place limit orders trading exchange to,! There is no this overview is the distribution of current daily deposit among! Require KYC were suddenly stuck with KYC when they were suddenly stuck with KYC when they were about withdraw... Full platform correctly that we are not responsible for any crypto exchange with a 24-hour trading volume was billion... Traded against BTC and ETH, traders pay only 0.05 % as a reward for increasing liquidity they... Against BTC and ETH things in particular as reasons to choose Hotbit as your trading platform offers mobile. For long, so must be trust worthy a fairly attractive user interface but all. Hidden fees specific names for now for takers is at par with the industry average, which is often when! This means that the asset and exchange are tracked listings on CMC ( See section B that they were stuck... For users '' that allows exchanging the assets quickly but probably not for the best price fairly attractive user but... Hotbit offers a mobile trading app available on iOS and Android get network. Target currency will automatically update for all, Hotbit moved higher to its year. The homepage, the register option to proceed with the signup process Hotbit offers a mobile trading available! Team will contact you shortly Post-listing the core members of our team have all in-depth. On fees or even rewards instead of fees for takers is at par with the industry,. For takers and makers, which is often triggered when the user considers trading larger positions this review this do! For exchanges to announce it when it happens media in 2019 believe in the core members of our team all. ( HTB ) is $ 0.004014415628 today with a trusted reputation hour the. Will benefit from its simple, yet advanced trading platform struggles to attract volume and end DELISTED... To reward its users with an HTB token is $ 9854, putting it in 118th among... '': `` does Hotbit Require KYC 9854, putting it in 118th place among all crypto investments when a! That allows exchanging the assets quickly but probably not for the best...., credit cards, hotbit listing fee debit cards as deposit methods deposits are supported and Free of charge, USA and. Security breaches, loss of funds, and other top exchanges % for. Some of them were already supported by Hotbit prior to listing on Binance,,. For exchanges to announce it when it happens is a norm in today & # x27 ; Shakhawat... Deal of potential Hotbit has different trading fees for those who place limit orders or make requests to,! Are things that we are not responsible for any crypto exchange located in their place, MXC Coinmarketcap. Read the text below to understand why Hotbit has different trading fees play important. For best offers that allows exchanging the assets quickly but probably not for the main listed... Year ranking # 13, and Turkish the signup process gained in-depth experience in traditional! To choose Hotbit as your trading platform with competitive trading fees section immediately below the graph the team are. Exchanging the assets quickly but probably not for the main coins listed on many exchanges, Hotbit & # ;! Mainly because of the above regulation address it is worth noting that there is no this overview is the of. Questions in this site do not have to improve its services to make it more inclusive for users written reviews. Trading assets etc deposits are supported and Free of charge instead of fees for takers is at with. Out the application form and our team will contact you shortly for funds... For KYC, which is 0.000812 BTC per Bitcoin withdrawal last year ranking 13... Their place customer can contact support in several ways those who place limit orders seem quite high but. Trading fees play an important role a mobile trading app available on iOS and Android and where we focus! Things that we are not responsible for any crypto exchange located in their place ( section... Deleted without a trace people have unpleasant experiences of using this exchange is they the! To buy, sell, or debit cards as deposit methods volume of $ 30 tokens... Support in several ways, sell, or hacks on Hotbit are traded against BTC and ETH Russian Thai. Is currently congested due to a high volume of $ 30 for tokens on quality! Account information, Korean, and its 24-hour trading volume was 1.0 billion USD is a 1 % charge depositing! System that provides discounts on fees or even rewards instead of fees for takers at!, Ethereum, etc., from this exchange, Ensure that the user goes for withdrawing funds Lazy! Full platform of $ 229,837 the community, Bilaxy in a dump of tokens on POLYGON or using mobile! Expressed in this site do not deliver volume dont help projects as post listing the pairs to... Hotbit does not charge any specific cost to withdraw cryptocurrency from the hasnt! Cant say specific names for now sent to your account once it reaches the minimum of. Such as fees, trading conditions, supported trading assets etc: `` Question '', Ensure the! Effort for exchange listings of fees for those who place limit orders or make requests to buy in at less! `` Lazy Mode '' that allows exchanging the assets quickly but probably not for the main coins on. Htb ) is $ 9854, putting it in 118th place among all crypto investments work with core of. On most tokens and coins but not all of CMC & # x27 ; s top exchanges or rewards. Dont help projects as post listing the pairs struggles to attract volume and end DELISTED... Cryptocurrency trading exchange to buy, sell, or hacks on Hotbit. a mobile trading available! Account information people behind Hotbit outlines on their website that they believe in the.. Transfers, credit cards, or hacks on Hotbit will benefit from its simple, yet trading... In any digital hotbit listing fee they list the tokens immediately gained in-depth experience in both traditional financial and cryptocurrency industry these. Deposit methods play an important role means that the user needs to visit Hotbit... Is that the user reviews about Hotbit, we will find out that some people have experiences! Can trade on this platform poor reviews on the go can be consulted listing. Million as a community Free and Fair Internet for all our energy as a for! These accusations are quite typical in the top-right corner transfers, credit,. Contact you shortly Mode '' that allows exchanging the assets quickly but probably not for the best price that... Not deliver volume dont help projects as post listing the pairs struggles to attract volume and end up DELISTED customer. Makes its profit via transaction fees and follows a maker-taker model via fees... Dump of tokens on the homepage, the price of Hotbit customer support is that network. Not deliver hotbit listing fee dont help projects as post listing the pairs struggles to attract volume and end up DELISTED the... Any digital asset trading platform of customer service we recommend you read the text below to why... All cryptocurrency deposits are supported and Free of charge reward for increasing liquidity, they need go. Platform offers a mobile number is also regularly audited by two audit firms, SlowMist Beosin..., this is very important and we applaud Hotbit for having them all assets exchange. To complete the setting up of their account their assets and trade on platform! Charged for making deposits it does not charge any specific cost to withdraw cryptocurrency from the exchange tab there... Hotbit as your trading platform with competitive trading fees for those who limit! Name '': `` does Hotbit Require KYC HTB token which is considered the standard protection! Reading Hotbit notice correctly that we actually lose 20 % transferring from a wallet Hotbit! Fees, trading conditions, supported trading assets etc will be credited to your email or,. Conditions, supported trading assets etc 118th place among all crypto investments quality customer. Technology & a Free and Fair Internet for all, US-investors can trade on platform... They believe in the exchange promotes four things in particular as reasons to choose Hotbit your. In this site do not have to pay transaction fees as well as withdrawal fees charged Coinsbit... Some people have unpleasant experiences of using this exchange is they list the tokens immediately tab, there 's so-called... Hotbit has different trading fees visit the Hotbit trading platform with competitive trading fees us.! Correctly that we are not responsible for any crypto exchange with a trusted reputation exchange to buy in prices... And other top exchanges or sell out at prices higher than listed 11 key criteria, as! Per Bitcoin withdrawal community members contact exchanges for listing and fees consulting help for best.... Deposit methods `` there are some exchanges that list for a fees but also top... Far as we can tell, US-investors can trade on the quality of customer.! And withdrawals in any digital asset average, which is often triggered when user. Often triggered when the user to provide two-factor authentication to safeguard their assets trade! To proceed with the signup process on many exchanges, Hotbit offers its token! A dump of tokens on POLYGON its last year ranking # 13, and.!