Why and How to Open an HitBTC Account
HitBTC has been in operation since 2013 and markets itself to be “most advanced Bitcoin exchange”. HitBTC allows the exchange of such currencies as Bitcoin, Dogecoin, Monero, Ethereum, Litecoin, USDT, and more. A Hong-Kong-based company, HIT Solution Ltd. operates HitBTC.
Traders are offered numerous advantages from HitBTC, such as strong security measures, low fees, no limits on withdrawals or deposits of digital assets, advanced FIX API and REST API, and more than 150 instruments to choose from. Furthermore, registration is not required, unlimited top-ups for your balance, and delivers full access to trading.
- Low Fees
- High liquidity
- High level of security
- Cutting-edge technology
- Over 150 instruments available
- No limits for withdrawal/deposits of digital assets
- Most advanced FIX API and REST API
Unlike some exchanges that allow you to trade with little information, prior to trading HitBTC provides much of the information needed to make a decision. HitBTC offers various graphs and charts that advanced traders will appreciate. For the beginner trader who is unsure how to trade cryptocurrency or what to make of the information, will appreciate the information provided on their blog, including a lot of trading tips.
The process for registering a new account with HitBTC is easy. Simply, click on the “Register” icon located in the upper-right hand corner of their websites and enter the necessary information. To register, you need an email address and you will also need to set up a password as well. To confirm your email address and activate your account, proceed to your email and click on the provided link sent from HitBTC.
Safety of HitBTC
HitBTC takes security very seriously. There are multiple strategies in place to ensure the safety of your information and account. For increased security, take advantage of the two-factor authentication available. Cold storage is also used for much of the funds and to hide your information from hackers they rely on advanced encryption technology.
The company also provides users with several recommendations on how to further protect their account. One recommendation is to a create a strong password and be sure to change it every few weeks. Also, the exchange sends an email notification each time your HitBTC account is accessed from a new IP address. You also have the ability to log out of all active sessions, except the one that you are currently using to complete this action. Furthermore, there is an option available on the “Security” tab to enable automatic logout. The times range from one hour to never.
Deposit and Withdrawals
Deposit and withdrawal on the exchange platform are simple. You must generate a wallet address prior to depositing into your HitBTC account. A green deposit button is available for you to click on. Select the row corresponding to the digital currency you want to deposit and then click on the “Fund”. Now you will obtain a wallet address, both the string of letters and numbers as well as a QR code. Keep in mind that a unique address is assigned to every asset in the account. An additional identifier field is included for certain currencies.
If you are in need of exchanging digital currency, HitBTC offers a well-establish exchange that takes security seriously to ensure the safety of all accounts.