Again, at any particular time, some coins are withdrawable while others are not. You only need to go through the list to find out the withdrawable ones before placing your withdrawal and it’s seamless.Thank you Hitbtc. You can find information about fees for inactive account in our Terms of use (clause 17.4).Please note that HitBTC is not the only platform to implement the inactivity fee policy. This is a standard practice that exists on other exchanges as well. I check out to get my coins and I found nothing and I called costumer support and they said we charged 30 USD per month for inactivity fees!
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The process of depositing and withdrawing is simple and straightforward. All users have to do is to navigate to the “Account” tab and select the cryptocurrency. The withdrawal process usually takes several minutes and highly depends on the cryptocurrency and network speed. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the masses.
HitBTC scam. For more than ten months, the account has been blocked without explanation.
The third level is a qualified account, which allows you to withdraw more than $25,000 worth of crypto each day. The fiat withdrawals and deposits allowed for qualified accounts are $10,000 per week and around $50,000 (EUR or USD) per month. Compared to most cryptocurrency exchanges, trading fees on HitBTC are competitive. On the contrary, makers actually receive a 0.01% rebate for each trade.
HitBTC vs. Bittrex Comparison – Is HitBTC the Best Bitcoin Exchange?
Email notifications are also sent when your account is accessed from a different IP address. They recommend using 2-factor authentication when signing up to strengthen your account’s security. You can activate it when logging in, withdrawing funds, and adjusting settings.
It’s already blocked for a month and support is ignoring me for 3 weeks already. This is why I had to sell my doges by the price of 27 cents, while in the whole world the price was almost 60. Hidden busd 5.5 dollar withdrawl fee (normal fee is max 1 on other exchanges) https://www.tokenexus.com/ for 10 busd deposit. They have hidden monthly inactivity charges and you need to check whether certain tokens are even online or you’ll deposit just to pay an inflated withdrawl fee. I to thought I was smarter then the negative reviews, trust me it’s a cash grab.
The exchange is also a magnet for many new (and sometimes shady) token offerings. However, the exchange’s shady reputation, and mediocre customer support mark it as unreliable. Locked my account without notice claiming “inactivity”, now they want me to expose private details from a different exchange in order to access my account again? I keep receiving copy paste or nonsensical responses when I ask questions. They refuse to even provide a secure way of sending them the requested documents.As you can see from their response below, copy paste excuses completely missing the point.
- I have forwarded your case to the support team.
- They have hidden monthly inactivity charges and you need to check whether certain tokens are even online or you’ll deposit just to pay an inflated withdrawl fee.
- Still, any exchange with the most cutting-edge technology is going to attract traders.
- I’ve already covered it quite a bit, but to reiterate this important point, HitBTC is popular with professional traders.
HitBTC does tend to have competitive trading and withdrawal fees as well as an abundance of cryptocurrency trading options. Nonetheless, there are a lot of issues that the exchange should address. Fund security, customer service experience, and clarification on various exchange policies are all areas that could improve. Hopefully, our HitBTC review can help you determine whether or not this exchange is a good option for you. HitBTC is one of the popular cryptocurrency exchanges which is preferred for trading platforms that US traders cannot access. According to its official terms of use, the USA residents are not permitted to use the service, which also includes other jurisdictions within the USA.
Step 3: Buy Crypto
