Many crypto exchanges claim to be the best exchange around. And yet, there are many factors that users should consider before choosing an exchange. Security is the most important factor to consider, especially in the crypto market where fund transfer is irreversible. There are also the factors of simplicity and ease-to-use. Both factors have huge impact on an exchange's traffic. Last but not least, there's also the equally important factor of customer service. The better an exchange's customer support is, the easier they will attract more users and traders. That said, among the many crypto exchanges that sprawled the internet, Hitbtc adequately satisfy all these crucial factors.
Hitbtc is a crypto exchange based in Hong Kong that provides a reliable trading platform for institutional traders, merchants, and individual traders all over the world. The company is operated under the flag of HIT Solution Ltd. The company was founded in 2013 with around 6 million funds from venture capital investment. After completing an intensive development and security testing process, HitBTC platform was finally launched in February 2014. Its initial crypto offerings were Bitcoin and Litecoin, with USD and Euro fiat currency. As of the writing of this review, the platform has around 2.5 million users per month, with the majority of it comes from Russia, United States, Brazil, and South Africa.
Crypto coins and tokens that are currently available on the platform are the following: BTC, USDT, BCH, XRP, LTC, ZEC, DASH, ETH, XMR, EOS, and more.
The custom and proprietary trading platform that Hitbtc developed has a balanced mix of speed, reality, and power. Multiple types of charts, indices, and trading tools are available here, and ready for traders to utilize. Advanced users can also take advantage of their low latency REST-API for connecting with various third-party programs and software. They also provide an OTC platform for tradings with huge volume. The fee is structured dynamically. A user's trading volume is the determining factor to consider when calculating fee. The fee ranges from 0.09 % to 0 %, depends on market maker or taker positions. For traders who want to test the waters first, the company has provided a demo version of their custom trading platform. This demo platform is also a good educational tool for those who are still new to trading.
Developers of new coins can get their crypto assets listed here through the listing process. Having a website that describe in details about your coins will accelerate the process. Official Subreddit or a thread on Bitcoin Talk are also good since both can be considered reputable news source for crypto enthusiasts.