It was ranked one of the top 3 most welcomed exchanges by Russian media in 2019. Third, the platform provides 24 hour customer service 7 days a week. Takers place orders targeted at orders within the order book, meaning they decrease the liquidity. Is Hotbit safe? (Hotbit native token) to pay fees. This crypto exchange has established partnerships with top audit teams in the cryptocurrency industry like Beosin and Slow Mist. The process is a security measure to ensure that no unauthorized person can deposit or withdraw from your account. From there, you fill in account information. Hotbit is a scam. Hotbit trading fees is 0.05%for maker and taker is0.2%. Exchange Listing Fees $5000 : LAToken Listing and Marketing Rank: 96 $5400 : Indoex Listing Rank: 123 Unknown Fees : Zebpay Rank: 62 $7000 : CoinTiger Listing and Marketing Rank: 149 $15000 : HotBit Listing Rank: 110 $20000 : WhiteBit Listing Rank: 94 Contact Information Links LAToken: LATOKEN Indoex: Indoex Digital Assets Exchange The potential user should provide an email address and set the password. 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. The people behind Hotbit outlines on their website that they believe in the core values of blockchain technology and Bitcoin. 2019-2023. Talking about medium sized exchanges listed in above post. Top exchanges like binance, huobi etc, Saves teams time and effort for exchange listings. Some of these cases may be frustrating, but they don't mean that Hotbit is a scam. The teams entrepreneurial experience and cooperative partners should help the platform attract liquidity from numerous sources. Some of them were already supported by Hotbit prior to listing on Binance, Huobi, and other top exchanges. This represents a -1.20% price decline in the last 24 hours and a -1.50% price decline in the past 7 days. To the left of the trade history and under the graph, you will find the section for placing orders with your personal order history and open orders directly below it. The exchange has users from over 170 countries. Then, either enter the amount of the cryptocurrency you wish to buy or sell or select a percentage of the total amount in your account (25, 50, 75, or 100 percent). but for the main coins listed on many exchanges, hotbit it's safe. 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. The FOIN holders then had to transfer their digital assets to the FoPay platform, with only a two-week lead time and an $8.75 fee to transfer each token. This is just a set of concise examples and direction I firmly believe the community will appreciate and embrace no matter what the actual results are. In case of activation of this feature, traders pay only 0.05% as a trading fee. Currently, Hotbit deposit fees are charged in 22 various cryptocurrencies. Fourth and finally, the platform promotes that it is secure and steady. The Hotbit platform currently supports six languages like English, Chinese, Korean, Russian, Thai, and Turkish; it has more than 7 million registered users from several countries worldwide. Hotbit is constantly working to improve the exchange and is quickly adding cryptocurrencies to the list. The withdrawal fees charged by Coinsbit are slightly above the global industry average, which is 0.000812 BTC per bitcoin withdrawal. Simply fill out the form and email it to the listed email address. Hotbit is quite a young centralized cryptocurrency exchange with a wide range of supported digital assets. Why I get a Network busy error message? It allows the users to use ePay, where the trader needs to have an account with the service provider. Facebook 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. If fees are higher and if it is a top exchange I think we can cut some funds from other Genesis Funds and list it. Hotbit was founded in 2018 with the belief that digital assets are the future. We advise you to do your own research or consult a professional before making financial decisions. The exchange has also announced that they will soon (statement made on 14 May 2019) launch its function Option Trading. The most important feature is the charting interface, and this feature should be considered before a user selects a crypto exchange for trading. Meme coins and some other projects use them. This company also provides a wide list of trading pairs and offers its users new digital assets and tokens. If we could get Binance + any of the rest that should be more than enough. - https://listing.help/. 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. }] The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This is outrageous. You can refer to theDeposit & Withdrawal Fees pageto check the minimum withdrawal amount and transaction fees of each cryptocurrency. This exchange has partnered with some popular blockchain technology industry partners like Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist to offer a secure, stable, and feature-rich trading environment for traders and investors. Several traders trading in cryptocurrency rely mostly on technical analysis to find the right edge in the market. All marketplaces for NFTs in one, easy to compare, list. However, no KYC is required, so users will only rely on their 2FA codes and passwords. When viewing withdrawal fees, keep in mind that each is listed in the cryptocurrency being withdrawn, so a fee of a greater quantity of tokens might actually be relatively small. Gotbit inflates trading volumes on obscure cryptocurrency exchanges for a fee and has about 30 token projects as clients. It is also regularly audited by two audit firms, SlowMist and Beosin. Its our long standing policy of not commenting on which and when and wait for exchanges to announce it when it happens. YouTube Hotbit listing deposit fees. Hotbit offers a number of competitions, typically announcing them on the homepage and in the news section. then trading is disabled, In addition, this crypto exchange supports new coins regularly, which provides a competitive edge for experienced traders. At the top-right corner of the Support page, you will find a button to Submit a request. As Hotbit is new, there are few reviews on their customer service yet. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency. They can use it on the platform, and it has developed several use cases for the utility of the tokens, thereby increasing their value. Leave your review about Hotbit here. It seems like the answer you are implying about the major exchanges already in progress would limit any impact that we as the community asking would have. Keep in mind that all trading pairs on Hotbit involve either ETH or BTC since those are the two most popular cryptocurrencies. Hotbit does indeed provide support for a large number of cryptocurrencies. Borrowing Interest Rate Introduction : The goal of the bank's incentive structure is . 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. Please let us know your thoughts on the CEX listing efforts and where we should focus our energy as a community. hotbit is a scam, especially for NEW coins/tokens. You can also click on the TxID to see the status of the relevant transaction in thatblockchain explorer. First off, it has multi-currency support, meaning that you can trade a lot of different cryptocurrencies here. If the amount is too little, you wont be able to request a withdrawal. The coinmarketfees website will aggregate and take the fees of the cryptocurrency exchanges and then compare them with each other in order to let users know which exchange has the cheapest and most reasonable fees for transaction fees and withdrawal fees. Hotbit does not support fiat currency; this implies that new crypto investors cannot use this platform for purchasing digital currencies as they need an entry-level exchange. Their about page has this to say. Email Because of the limited decimal digits with HAND tokens, makers do not pay transaction fees for this token, and takers pay a 0.2 percent fee to process the transaction. Croperson Super Level 1 Member Joined Aug 12, 2018 Messages Part of the listing pool funds shall go for fees and part for market making. If we look into the user reviews about Hotbit, we will find out that some people have unpleasant experiences of using this exchange. Right now, we need accessibility for all kinds of users - old/new investors. Such a fee is quite a low fee if we compare it with trading fees on other exchanges. For more details regarding fees and limits, you can click here. Hotbit has a fairly attractive user interface but not so simple to navigate, mainly because of the many features it has. In the Exchange tab, there are 7 markets. As per the market review, Hotbit offers only spot trading and does not offer margin trading. Most of the currencies on Hotbit are traded against BTC and ETH. Thanks for your support. Along the left side of the Exchange page, you will find all of the cryptocurrency pairs supported by Hotbit. It is easy to verify this statement and declare that it is true. The Hotbit trading platform offers a mobile trading app available on iOS and Android. Advanced traders can click on the symbol of a graph immediately above the graph and find dozens of indicators to look at. Also, there are allegations concerning fake volume. For example Latoken lists meme coins for fees. But on the markets page is a long list of supported assets and their available trading pairs, which users can choose from to start trading. Sure we could potentially set up the channel but not knowing what the outcome is or what stage potential talks are is very difficult to work with in a Decentralized Marketing effort. very disgusting. US traders should find a reliable crypto exchange located in their country. This means that new crypto investors (i.e., those without any previous crypto holdings) cant trade here. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. This platform can be considered if the trader wants to trade with a wide variety of altcoins as they offer several varieties of coins. Further, it notifies the user to provide two-factor authentication to safeguard their assets and trade on this platform. Official Statement: notices of counterfeit email listing@hotbit.io impersonate Hotbit listing team to charge fees for listing Hotbit is Currently Recruiting Global Promotion Ambassadors Announcement regarding on the weekly Hotbit repurchasing HTB fee Announcement regarding Hotbit launching a deduction function of transaction fee with HTB DO NOT select the cheapest fee option. I have seen ownership renounced meme coins doing this. The platform also supports 6 languages to ensure that a wide variety of customers can use it. Further, Hotbit offers a mobile app so that the traders can trade on the go. After this, you will hear back within a day. You can find an updated list of the fees via the Hotbit website by clicking on Fees link at the bottom of the page. The user should enter the email ID, and within a few minutes, they will receive a confirmation link to their email ID where they need to copy the code sent through email. The users can execute a trade using more than 200 crypto assets. The core members of our team have all gained in-depth experience in both traditional financial and cryptocurrency industry. US traders should find a reliable crypto exchange located in their country." Makers place limit orders or make requests to buy in at prices less than listed or sell out at prices higher than listed. There is the option to submit additional questions or to search the FAQ section. don't buy or trade New coins/tokens on hotbit if you don't want to regret it. Yearn.finance's current price is $9854, putting it in 118th place among all crypto investments. This cryptocurrency exchange offers state-of-the-art trading platforms for its global users. and then they make new fake coins again and again repeatedly. Hotbit is the exchange where withdrawal fees are fixed, irrespective of the number of cryptos withdrawn, and it differs from crypto to crypto. We For example, LATOKEN supports a ERC20 SHIB token on ETHEREUM, while you sent a BEP20 SHIB token on BSC. To recover BSC based BEP20 SHIB token, LATOKEN charges an equivalent of $30 in BNB to cover our developers team time and the blockchain transaction fee. In some cases, it results in sorrowful consequences. Hotbit Investment Also known as Hotbank, a division under Hotbit Group is a leading crypto asset management platform. Or community can donate some fx for listing fees. In this way, Hotbit checks for potential security problems and alerts before they get manipulated. Hotbit claims to offer customers round-the-clock support through several channels, including submitting a support ticket, Hotbits official Chinese WeChat group, Hotbits official Chinese and English Telegram channels, Hotbits official Twitter account, Hotbits official Facebook account, and so on. Please acknowledge that we are not responsible for any loss caused by any information present on this website. Im trying to withdraw hex from hotbit, which I'm now thinking I should have just avoided. Top crypto & finance advertising network. In the case of the ETH/BTC pair, for example, your choices will be Buy ETH or Sell ETH. In either case, the price is automatically filled in at the market level, with plus and minus buttons for you to adjust the figure to your chosen price. Some find Hotbit's withdrawal fees too high. Hotbit offers a different method to decrease trading fees one can do it via using HTB coins (Hotbit native token) to pay fees. At the bottom of the page, Hotbit has a link to apply to list, including instructions and an application form. One of the best platforms that offer all the features mentioned above is Hotbit. Claim Mystery Box Worth Up To 500$ at Kucoin. Bloating and then erupting: New listings are free marketing. Hotbit exchange is very conscious of security. }, Depends on Network Cost of the Blockchain. Read: One of the founders of Skype keeps his personal fortune in the form of Bitcoin and Ethereum. I am a financial journalist with 10 years of experience. With successful entrepreneurial experience, experienced global investment consultation team and various cooperation partners, our platform is set to attract liquidity from various resources, which in turn provides support for the smooth operation of our platform as well. The exchange promotes four things in particular as reasons to choose Hotbit as your trading platform. That's not how my other deflationary tokens work . All trading with Hotbit is done via the Exchange page. Deposit fees: No fees are charged for making deposits. Currently, Hotbit has no active API. Your experience on this site will be improved by allowing cookies. 3. below). There is two-factor authentication for deposits and withdrawals. "text": "Hotbit does not support US customers. Good info however, I am always wiery of all these low exchanges though as the risks are quite high with listing on those platforms. The exchange exists as a web-based platform that is available from any device at any time. How to Mine Dogecoin - Ultimate Guide 2022 | Cryptogeek, Is Coinbase Safe to Link Bank Account? Cardano (ADA) Price Prediction 2022-2030 - Buy or Not? It's free to sign up and bid on jobs. Depositing to Hotbit is fast as well as free, making it possible to deposit without concerns about your token quantity decreasing. The withdrawal fee is fixed at 170 hex! . and a few months later will rugpull, 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. There are many other successful exchanges hailing from these countries, for instance, Hong Kong is the motherland of such giants as Binance and HitBTC. 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. Customer support is not very effective according to users; Most of the listed tokens have poor liquidity, which causes users to have problems trading assets. Hotbit exchange has advanced charting tools and trading features. 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