HitBTC is one of the world's most advanced cryptocurrency exchange. It allows you, among other things, to experiment and evaluate the characteristics of the platform without registering.
The cryptocurrency market is in full evolution. And, as it expands, new exchange houses or exchanges continue to appear where we can acquire them and open exchange operations.
With so many options available, it is difficult to discern what is best for our needs and expectations.
The most common cryptocurrencies are normally accepted on all exchanges. But the new ones, and many tokens that appear daily, do not have the same acceptance.
The Best Cryptocurrency Exchanges: HitBTC.
In this guide we do an analysis of the best cryptocurrency exchanges available. To make this guide useful for everyone, we assume that readers have no experience with cryptocurrencies.
An exchange, also known as an 'exchange platform' or 'exchange house', is a platform that allows its clients to trade digital assets. Some of these exchanges have incorporated some fiat currencies to expand and facilitate the process for their clients.
The objective of these sites is to provide the tools to be able to exchange cryptocurrencies with each other and, in some cases, with other financial assets. Let's not talk more about technical terms, let's go on to evaluate the characteristics of the most popular exchanges.
Today we will dedicate ourselves to evaluating the characteristics of HitBTC that rose to notoriety because it was for a long time the only exchange that accepted the PRE token. The Presearch token, the search engine, or rather the extension, which among many others tries to rival Google's domain. Paying users for their use.
How to register.
Signing up is very simple. It is enough to enter our email, confirm and choose a 2FA application to validate each operation or each entry.
The most common is Google Authenticator . But we can also use Authy .
Both 2FA applications are available not only for cell phones but also for PC.
And a fundamental aspect: the page is also available in Spanish.
HitBTC one of the exchanges with the lowest commissions for the Hispanic market.
HitBTC, despite recent popularity, is not too new an exchange. It was created in 2013, four years after the birth of (2009)
He has more than 500 cryptocurrencies in his markey and more than 800 trading pairs.
It has two functionalities or market segments:
a) One retailer for small clients, with operations of small or medium entity, and
b) An institutional one for clients that carry out significant operations.
Rates.
The rates are regulated according to the previously mentioned segments. And they go from 0.1% to 0.01%
Truly low.
Support.
24 hours a day, 7 days a week.
Tools.
HitBTC has multiple tools that will help us to operate as if it were a real exchange office.
API.
API to connect and do automatic trading with the exchange 24 hours a day, 7 days a week.
All the information, codes and algorithms to program the API automatically.
FIX.
It provides us with market information in standard format, with minimum latency and high connectivity: provisions, negotiations, orders, so that you can trade easily, automatically and in complete safety.
It allows us to manage a cryptocurrency market with all the functionalities of a traditional market.
It even has a collocation service. In this mode everyone can set up their own trading service. And operate, for example, with London, Chicago, New York.
London, to cite one example, has the entire financial trading infrastructure. We can operate from there.
An overview.
Once we enter and have validated our account with the 2FA factor, we directly access an overview of the account
Exchange.
The first vision will be that of the Exchange. Charts, instruments, purchases, sales, our orders and the troll box to see who is making comments.
To deposit.
The second tab in importance that may interest us in everyday use is the Deposit .
By clicking on it we will see the general status of our account. To deposit we have two options:
a) Deposit coins from other purses, faucets, etc. through our address. To generate it is very easy. We click on the + sign next to the circle and a window automatically opens with our BTC deposit address and its respective QR code. We copy that address or code on the page from which we want to transfer the BTC and that's it.
I recommend you also read: STEEM Guides and Tutorials: How to withdraw our STEEM tokens and send them to Poloniex.
b) The second alternative is to deposit the cryptocurrency (we always continue with the example of BTC) through a purchase. In this case a credit card is required.
Deposit into HitBTC through the purchase of cryptocurrencies.
We click on the credit card symbol and it takes us to the page of the service called Changelly. We authorize the entry to the page.
In the purchase order that we want to place we must put the quantity (we put 100) and the BTC address obtained in the previous step.
Automatically the system indicates the quantity that we can buy. If we agree, we continue with the operation, placing the required data on our card such as expiration, security code, etc.
We confirm and a few minutes later we have the BTC available in our account.