HitBTC was founded in 2013 and is one of the oldest and most proven platforms in the niche.
If we go to the exchange’s website, we can find several interesting features on top of it.
HitBTC Review
As of writing, HitBTC is a top cryptocurrency exchange by the number of markets (790) and the 22nd by adjusted volume. There are 7 available currencies on this platform, such as BTC, ETH, USDT, DAI, TUSD, EURS and EOS. The advantage of HitBTC is a simple sign-up process, all you need is an email address. To ensure security, you can enable a whitelist of addresses for withdrawal or use two-factor authentication.
HitBTC trading fees
When talking about trading fees on this platform, you need to keep in mind trading fee tiers and a "maker-taker" model.
The first is a system where users can get rewards for high volumes while trading. Here you can find the full list of them.
The second is necessary to increase liquidity on the exchange. The taker is the one who places an order that is the same one that is in the book. And the market maker places the orders with prices that are different from the current market price.
If you have just started trading on HitBTC, the trading fees will be 0.1% for makers and 0.2% for takers.
Deposit and withdrawal fees
Fortunately, HitBTC allows you to make deposits in any cryptocurrency except for fiat currencies.
The platform has a commission for a Bitcoin deposit of 0.0006. However, unlike most of the exchanges, withdrawal fees are not based on the volume and adjust automatically with the market.
That is, if you’d like to try using HitBTC, in order to avoid doing routine work and save a lot of time, you can try TradeSanta bots on top of this platform, choosing the settings according to your strategy.