Is HitBTC a formal trading platform?

Yes. HitBTC is a formal trading platform regulated by the Estonian Financial Intelligence Agency and holds a virtual currency service provider license. It complies with anti-money laundering and know-your-customer (KYC) regulations and offers a wide selection of cryptocurrencies, low transaction fees, and an advanced trading platform.

HitBTC: A formal trading platform

HitBTC Overview# 🎜🎜#

HitBTC is an Estonia-based cryptocurrency trading platform founded in 2013. It is known for its wide selection of cryptocurrencies, low transaction fees, and intuitive interface.

regularity

HitBTC is a regulated trading platform that holds a virtual currency service provision issued by the Estonian Financial Intelligence Unit (FIU) business license. This means it adheres to anti-money laundering and know-your-customer (KYC) regulations and actively works with regulators to ensure compliance.

Trading Platform

HitBTC provides an advanced trading platform with the following features:

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WIDE CRYPTO SELECTION:
• Supports over 800 cryptocurrencies including Bitcoin, Ethereum, Litecoin and Ripple.
Low Transaction Fees:
• Offers a tiered fee structure based on transaction volume, which can be reduced as low as 0.07%.
Intuitive Interface:
• Easy-to-navigate interface, even beginners can trade with ease.
Advanced order types:
• Supports advanced order types such as market orders, limit orders, stop loss orders and liquidation orders.
Liquidity Pool:
• provides a deep liquidity pool to ensure orders can be executed even under high trading volumes.

Security

HitBTC takes strict security measures to protect users’ funds and personal information:

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Cold Storage:

Most user assets are stored in cold wallets to prevent unauthorized access.
• Two-Factor Authentication (2FA):
Requires users to enable 2FA for enhanced login security.
• Address Whitelist:
allows users to whitelist withdrawal addresses to prevent unauthorized withdrawals.
• Anti-money laundering measures:
implements strict anti-money laundering policies to prevent fraud and illegal activities.
Customer Service

HitBTC offers 24/7 customer support, offering assistance via email, live chat, and FAQ center. Customer reviews are mixed, with some users praising its responsiveness and others expressing dissatisfaction with the time it takes to resolve issues.

Conclusion

HitBTC is a legitimate cryptocurrency exchange with a wide selection of cryptocurrencies, low transaction fees, and an advanced trading platform . It implements strict security measures and is regulated by regulatory agencies, making it a reliable choice for cryptocurrency trading.

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