|
Title: HitBTC lowers its fees Post by: Jating on August 23, 2019, 10:35:06 AM The Lowest Fees on the Market
Quote There’s no place like home. And for the modern-day digital asset trader, home is where the order book is. At HitBTC, we couldn’t be prouder of the community of traders that has helped us cultivate this space and turn what was just a dream a little over five years ago into the digital home of innovators and next-gen economy builders. We want to accommodate our community as best we can, and give them an unbeatable experience in our digital backyard. We have been able to do this by offering an industry-leading number of trading pairs and an intuitive and helpful interface, among other things. But we are always looking for ways to do better and bring more to the table. Therefore, we are really happy to announce that we have overhauled our maker-taker fee tier system and drastically slashed our trading fees. https://blog.hitbtc.com/the-lowest-fees-on-the-market/ I have used HitBTC in the past, however, I' not actively trading on that platform because of fake volumes. Although I don't have issues with them in the past, I just decided to look at other exchanges. So I was quite surprised to see this supposedly "The Lowest Fees on the Market". Are competition that tough nowadays that to be able to compete they have lowered the fees. Any thoughts on this one? Title: Re: HitBTC lowers its fees Post by: mindrust on August 23, 2019, 10:41:19 AM Scam exchange.
Too many scam reports on reddit. They mostly do selective scamming. Stay away. Title: Re: HitBTC lowers its fees Post by: Strongkored on August 23, 2019, 10:57:56 AM I have not used the exchange for a long time and during using HitBTC I have never experienced any problems, which made me decide not to use HitBTC anymore due to wd fees and also the policy that traders cannot sell all the coins or token they deposited. If you see the price of the coin or token goes up but we can't do anything just stuck there very annoying.
Title: Re: HitBTC lowers its fees Post by: Mpamaegbu on August 23, 2019, 11:31:31 AM The high fee charges is true of Hitbtc. This reduction now should be a good development. Expectedly, it should drag aggrieved clients back to the exchange. I have a Hitbtc account and I only use it when it's unavoidable - if the coin of choice I want isn't listed on any other exchange. And I haven't used that account for almost a year now. Perhaps I will have to revisit that account to see for myself how things are at the exchange.
Title: Re: HitBTC lowers its fees Post by: levyashin on August 23, 2019, 11:32:07 AM I always find hitbtc shady and tried to avoid using it.
Even it doesn't take any fee, i would still not use it. So they need to do something different than lowering fees for giving trust to the people. Title: Re: HitBTC lowers its fees Post by: betty11 on August 23, 2019, 12:11:23 PM I have an account with them but never traded there because of accusations that they do lock people account and will never open it, coupled with their notorious withdrawal fee which is against freedom that cryptocurrency seeks.
Title: Re: HitBTC lowers its fees Post by: masterrex on August 23, 2019, 12:35:06 PM The Lowest Fees on the Market HitBTC has cause a lot of troubles with its users back in 2018! like blocking without reason, freezing of assets etc. thats why even they remove the trading fees i dont want to use it anymore because im already experience the kind of service they offered and for me it worse and not safe sorry!Quote There’s no place like home. And for the modern-day digital asset trader, home is where the order book is. At HitBTC, we couldn’t be prouder of the community of traders that has helped us cultivate this space and turn what was just a dream a little over five years ago into the digital home of innovators and next-gen economy builders. We want to accommodate our community as best we can, and give them an unbeatable experience in our digital backyard. We have been able to do this by offering an industry-leading number of trading pairs and an intuitive and helpful interface, among other things. But we are always looking for ways to do better and bring more to the table. Therefore, we are really happy to announce that we have overhauled our maker-taker fee tier system and drastically slashed our trading fees. https://blog.hitbtc.com/the-lowest-fees-on-the-market/ I have used HitBTC in the past, however, I' not actively trading on that platform because of fake volumes. Although I don't have issues with them in the past, I just decided to look at other exchanges. So I was quite surprised to see this supposedly "The Lowest Fees on the Market". Are competition that tough nowadays that to be able to compete they have lowered the fees. Any thoughts on this one? Title: Re: HitBTC lowers its fees Post by: AltcoinsBattle on August 23, 2019, 12:42:47 PM 0.07% is a really low commission. It’s a pity that I am not an active trader. With my trading volumes I had no problems with them. Although I did not need to withdraw funds. They clearly do not want anyone to withdraw funds from their accounts ;D
Title: Re: HitBTC lowers its fees Post by: Doranile432 on August 23, 2019, 02:12:12 PM No matter how low the trading fee on hitbtc is i wont still trust the exchange,they scammed me of few tokens and till date i cant withdraw them,id advice people to trade on there with care because you might properly get scammed or better to stay away from the exchange,dont send big amount of funds on the exchange
Title: Re: HitBTC lowers its fees Post by: Mrsparks on August 23, 2019, 02:21:47 PM Humm after reading this post am not in line with majority of the comments.Hitbtc is a cool exchange for me and asides from the recent reduction in fees which i most confess is a welcome idea, i cant hitbtc as one of the best exchange i have ever used in cryptospace... They have manageable volume and the trollbox is entertaining...
Title: Re: HitBTC lowers its fees Post by: TheUltraElite on August 23, 2019, 02:25:04 PM Humm after reading this post am not in line with majority of the comments. If you check this forum's Exchanges section you will see the official hitbtc thread which is full of complaints and their account also holds some negative trust from DT members. They have never tried to clear their reputation here neither do they address any of the complaints.Quote Hitbtc is a cool exchange for me and asides from the recent reduction in fees which i most confess is a welcome idea, i cant hitbtc as one of the best exchange i have ever used in cryptospace... They have manageable volume and the trollbox is entertaining The fees change was probably done in order to compete with other exchanges. If you are large cap trader you may be asked to undergo KYC pretty soon which is why people are moving away from centralized exchanges like this one.BTW, their trollbox is filled with shills and idiots which is why I disabled it on my account. Title: Re: HitBTC lowers its fees Post by: ATSgrowth on August 23, 2019, 02:29:38 PM Scam exchange. I do not know if it is a real scam, but my ICON and IOTA coins are being held on this exchange because they don´t have working withdrawals for about 2-3 months. ::)Too many scam reports on reddit. They mostly do selective scamming. Stay away. Title: Re: HitBTC lowers its fees Post by: coaprotet on August 23, 2019, 02:30:41 PM Noway they are going to lower the fees. This exchange has brought so much troubles to me, because they always have insane fees. For example, if you want to withdrawal ETH, you need to pay 0,05 ETH per withdrawal request. This is just unbelievable.
Title: Re: HitBTC lowers its fees Post by: dark08 on August 23, 2019, 02:33:53 PM The Lowest Fees on the Market Quote There’s no place like home. And for the modern-day digital asset trader, home is where the order book is. At HitBTC, we couldn’t be prouder of the community of traders that has helped us cultivate this space and turn what was just a dream a little over five years ago into the digital home of innovators and next-gen economy builders. We want to accommodate our community as best we can, and give them an unbeatable experience in our digital backyard. We have been able to do this by offering an industry-leading number of trading pairs and an intuitive and helpful interface, among other things. But we are always looking for ways to do better and bring more to the table. Therefore, we are really happy to announce that we have overhauled our maker-taker fee tier system and drastically slashed our trading fees. https://blog.hitbtc.com/the-lowest-fees-on-the-market/ I have used HitBTC in the past, however, I' not actively trading on that platform because of fake volumes. Although I don't have issues with them in the past, I just decided to look at other exchanges. So I was quite surprised to see this supposedly "The Lowest Fees on the Market". Are competition that tough nowadays that to be able to compete they have lowered the fees. Any thoughts on this one? I remember the first time I used this exchange site the volume is good that time with a lot of good altcoin to trade but right now the reputation of Hitbtc is really bad even they lower tge fees I'm staying away from this exchange site to avoid scamming my money so those trader who stay in this exchange site be careful dont hold your altcoin or bitcoin i long term run just make it a in and out basis. Title: Re: HitBTC lowers its fees Post by: shaheer001 on August 23, 2019, 02:40:42 PM HitBTC transaction fee was too high in pst I have not used it since 2019 due to this high withdrawal fee especially in Bitcoin. Ther are many users who also reported that HitBTC now becomes scam but I never heard it through reliable resources.
Title: Re: HitBTC lowers its fees Post by: stigmacryptonight on August 23, 2019, 02:47:05 PM Only such thing can HitBTC do to compete with other exchanges. But unfortunately many people do not use HitBTC to trade because of the many cases in the past. I personally have not used this exchange anymore until now.
Title: Re: HitBTC lowers its fees Post by: forexandcryptoauditor on August 23, 2019, 03:07:58 PM I have used this exchange in the past and due to its high fees used only for 2-3 trades. If the fees is lowered now, this is great news and I must see it again. My experience was good with this exchange.
Title: Re: HitBTC lowers its fees Post by: ganeshramk on August 23, 2019, 03:10:11 PM Scam exchange. Too many scam reports on reddit. They mostly do selective scamming. Stay away. Is this real news? I don't see any of that acquisitions with proof. Not sure why some people are against this exchange. I did some trades in this exchange and it was reasonable. But fees was high earlier. With this reduction, it should be fine. Title: Re: HitBTC lowers its fees Post by: caffu chino on August 23, 2019, 03:29:04 PM Scam exchange. Too many scam reports on reddit. They mostly do selective scamming. Stay away. Is this real news? I don't see any of that acquisitions with proof. Not sure why some people are against this exchange. I did some trades in this exchange and it was reasonable. But fees was high earlier. With this reduction, it should be fine. In the past, I saw a lot of people who complained that hitbtc always had problems like deposit, withdrawal and others. maybe it's not fraud because at the end it can be resolved. but because of this there are also many who judge that the Hitbtc exchange has poor quality. Title: Re: HitBTC lowers its fees Post by: DoublerHunter on August 23, 2019, 03:36:06 PM Scam exchange. Too many scam reports on reddit. They mostly do selective scamming. Stay away. Is this real news? I don't see any of that acquisitions with proof. Not sure why some people are against this exchange. I did some trades in this exchange and it was reasonable. But fees was high earlier. With this reduction, it should be fine. Title: Re: HitBTC lowers its fees Post by: adzino on August 23, 2019, 03:43:06 PM I remember people making shit storm around for HitBTC being a scam. Try googling "HitBTC scam" or "HitBTC bitcointalk" and you will multiple people reporting them for being a scam. So, they probably lowered their fees to get more people into their exchange and scam a small some unsuspecting amount of people? I have never used HitBTC, so can't say much about them. Or they maybe legit and reduced fee to make them more competitive.
Title: Re: HitBTC lowers its fees Post by: VanDeinsberg12 on August 23, 2019, 04:02:13 PM That means nothing and hitbtc is still scamming us, my 0.3 btc is still getting stuck and my account got frozen. This caused by the decrease of the daily trade volume in hitbtc exchange site itself.
Hitbtc still has another problem just like the exchange site is restricting the trade of coin and only the multuiple of 1k can be trade in the exchange site. Title: Re: HitBTC lowers its fees Post by: sulis sudibyo on August 23, 2019, 04:10:50 PM lowering fees won't make people who are disappointed with hitbtc in the past will go back to using it. one of them is me. I'm still upset because my withdrawal was delayed a few weeks just because I logged in with a different IP. a strange reason because I log in using a smartphone and don't have a fixed ip address.
from then on I swear I will not use this exchange. Title: Re: HitBTC lowers its fees Post by: target on August 23, 2019, 06:28:30 PM Despite the reports of scams with this exchange, its volume is still that huge compare to the reputable exchanges we've knew. On the list of top exchanges (https://coinmarketcap.com/rankings/exchanges/), HitBTC is on the 28th. It beat bitfinex and bitmax. Lowering their fees and adding new tokens in the market I think will help them gain more users. Title: Re: HitBTC lowers its fees Post by: bigcash2011 on August 23, 2019, 06:44:47 PM I was active on that exchange like 1 to 2 years ago and i never faced any issue the only thing that bothered me was the withdrawal fee which they seem to have lowered now so i might try this exchange again as i still have some coins there that were trapped due to high fee.
Title: Re: HitBTC lowers its fees Post by: Jonyshake71 on August 23, 2019, 07:07:07 PM When i was newbie, i like to trade in HitBtc exchanges as because it is very easy to use. I thought HitBtc exchanges is one of the best safe & secure exchanges for trading. In addision, they allow to withdraw my small fund without nid verification. But after know about negative report, i start to avoid trading in HitBtc exchange
Title: Re: HitBTC lowers its fees Post by: anjho.ace on August 23, 2019, 07:17:29 PM I've been using HITBTC exchange for a long time and it isreally cool for me.
Then one day i can't access it anymore until today. What is the new link for the exchange? coz the old one seems not working still! Title: Re: HitBTC lowers its fees Post by: kramchers on August 23, 2019, 07:27:44 PM I've been using HITBTC exchange for a long time and it isreally cool for me. Then one day i can't access it anymore until today. What is the new link for the exchange? coz the old one seems not working still! it works for me. they just added some security measures. https://hitbtc.com you just need to visit that link and you can access the trading. I have some atlant there and this is the first day i will take a look of it. Title: Re: HitBTC lowers its fees Post by: Denongels on August 23, 2019, 07:32:17 PM i did see a lot of reports on the internet about hitbtc, but I still tried to use it because of the advantages of the low fee before and also hitbtc has ico token offers that are still quite a lot, then I tried to trade mtix tokens there with a very small amount and there was no problem in my opinion there good if you want to try only for small transactions under 100 $ because it is still safe if large may be problematic.
Title: Re: HitBTC lowers its fees Post by: Lanatsa on August 23, 2019, 07:43:27 PM Scam exchange. Lowering their fees isn't enough for me to be convinced on using up their platform.They should somehow solved up their pending issues and I might look back later onToo many scam reports on reddit. They mostly do selective scamming. Stay away. but for now I will still skip this one even they given out the lowest possible fee out there compared to competitors but I would willing to spend more on other good exchangers than this one to avoid headaches. Title: Re: HitBTC lowers its fees Post by: aemma on August 23, 2019, 07:54:25 PM I took a break from this exchange owing to a bitter experience. Nevertheless, with them reducing fees shows that the competition among exchanges is getting tough and only the strong will win. Also, I don't think reducing fees is enough they will have to do better than that.
Title: Re: HitBTC lowers its fees Post by: ololajulo on August 23, 2019, 08:12:25 PM I cant believe it could take them this long to reduce the high transfer fee when almost everyone had fled, however, their seem not to be decline in the trade volume. They will still need to control the wash trade on the exchange, it could be annoying to set order at the market price and never get it filled in days.
Title: Re: HitBTC lowers its fees Post by: Kemarit on August 23, 2019, 08:18:53 PM It's too late though, I guess they have to do something because other exchanges have been on the rise and they are sill lagging behind. So they have to do something and offer lower fees but I doubt that it will bring more traders on their platform though. Was I previous customers, support is not that good plus the trading fees are so high. So this is just a marketing stunt, but not sure if it could sway new customers, they have been exposed specially in 2017 and newbie investors are going to exchanges like Binance or Coinbase.
Title: Re: HitBTC lowers its fees Post by: rosezionjohn on August 23, 2019, 08:27:42 PM I stopped using hitbtc a long time ago when they started charging unreasonable fees.
Now that they no longer have the same popularity (and number of users) as before, they've finally come to their senses and reduce their fees. They should have done that a long time ago. Title: Re: HitBTC lowers its fees Post by: Darker45 on August 24, 2019, 03:29:47 AM If this is real, then they must have felt the competition getting serious. HitBTC has one of the highest fees in the market. And it is perhaps one of the topmost reasons why a lot of traders are avoiding their exchange. On top of various other complaints, of course. And so addressing the high fees is just one step on the ladder. They will have to address a few more such as frozen accounts.
They must have realized that the crypto market is not the same as before. Right now, traders have already more than enough options. The influx of new exchanges could be a serious threat to HitBTC. I hope this will further improve the services offered by HitBTC. Title: Re: HitBTC lowers its fees Post by: davis196 on August 24, 2019, 05:04:38 AM I've sold a small amount Viberate tokens and some ETH on HitBTC 3 years ago.Had no problem at all,but I'm pretty sure that if I tried to sell big amounts,they would probably scam me.
HitBTC was helpful for me in the past,just because there were some ICO tokens listed there,that weren't listed on any other marketplace.However,ICO tokens are a reg flag too.If it's easy to list some shitty ICO token on a crypto exchange,that exchange most likely isn't that legit. I don't care about trading fees that much. Title: Re: HitBTC lowers its fees Post by: darklus123 on August 24, 2019, 06:41:11 AM Separating small fees is actually a good marketing for them it may sounds like they are having the lowest fees and looking it like it seems that they have the lowest trading fee, might at least somehow people will still consider coming into their platform despite of having a bad reviews because of the scam accusations. They are not honest and reliable at all you can see more of the sentiments from this thread.
https://www.reddit.com/r/hitbtc/comments/ajeloh/anyone_else_never_have_a_problem_with_hitbtc/ I would rather stay on the .10 trading fee, a .03 difference isn't that big at all. I've sold a small amount Viberate tokens and some ETH on HitBTC 3 years ago.Had no problem at all,but I'm pretty sure that if I tried to sell big amounts,they would probably scam me. HitBTC was helpful for me in the past,just because there were some ICO tokens listed there,that weren't listed on any other marketplace.However,ICO tokens are a reg flag too.If it's easy to list some shitty ICO token on a crypto exchange,that exchange most likely isn't that legit. I don't care about trading fees that much. Actually ICOs can be a very good tool for a fake business. Fake business can easily run a fake coin. Title: Re: HitBTC lowers its fees Post by: mindrust on August 24, 2019, 07:20:10 AM Scam exchange. I do not know if it is a real scam, but my ICON and IOTA coins are being held on this exchange because they don´t have working withdrawals for about 2-3 months. ::)Too many scam reports on reddit. They mostly do selective scamming. Stay away. That's exactly how they scam people. I don't know anything about ICON but I am pretty sure the IOTA network works just fine. Then there isn't a valid excuse for disabling IOTA withdrawals. Most people say HitBTC is insolvent. Might be a insider thief, might be they got hacked, might be they just want to do selective scams. One thing is for sure, something is seriously fucked up with this exchange. Title: Re: HitBTC lowers its fees Post by: michellee on August 24, 2019, 09:17:51 AM I don't have a problem with them but I don't trade in their site for a long time ago. I remember that I still have some altcoin and token in that exchange but I forgot what it is. If they really lowering the fee, then I think that it's good for traders who actively trading in their site because they can get more profit. But for me, I don't think too much about the fee because if I can get the profit, it is enough for me.
Title: Re: HitBTC lowers its fees Post by: erikalui on August 24, 2019, 09:27:36 AM Only trading fee not all fees. They still have ridiculous withdrawal fee for bitcoins and altcoins. Some of the altcoins have a fee more than the amount of altcoins I hold and same for BTC where they have 0.0015 withdrawal fee. Will never use this exchange unless the coin is not listed on any other exchange except hitbtc.
Title: Re: HitBTC lowers its fees Post by: 2double0 on August 24, 2019, 02:33:07 PM Only trading fee not all fees. They still have ridiculous withdrawal fee for bitcoins and altcoins. Some of the altcoins have a fee more than the amount of altcoins I hold and same for BTC where they have 0.0015 withdrawal fee. Will never use this exchange unless the coin is not listed on any other exchange except hitbtc. Their withdrawal fee is why I don't use them these days. I remember when I invested in TRX (Tron) back in 2017 when it grew to 2000 satoshis making me a profit of BTC0.06 on my BTC0.01 investment. I was fine to pay them the fee considering their fake volume helped me gain something but this doesn't help in the long time anyway. They have felt the heat of other exchanges with comparatively low fees on both trading as well as withdrawal, but are still taking very high fees for which many will pass it. They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. Title: Re: HitBTC lowers its fees Post by: BitHodler on August 24, 2019, 07:14:57 PM They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. Do they batch transactions using legacy or SegWit format addresses? From the 7k satoshi fee you're stating it looks like SegWit to me, but it could also have been a batched legacy transaction sent without much network congestion.If they use SegWit then it's absolutely ridiculous that they dare to ask so much in withdrawal fees. It's probably done so that people no longer withdraw their funds but keep it in their account and potentially trade more. I have always believed that this exchange is largely insolvent. They have waves where people easily withdraw and waves where there are a lot of complaints popping up regarding withdrawals that aren't being processed. Title: Re: HitBTC lowers its fees Post by: Darker45 on August 25, 2019, 02:14:38 AM Only trading fee not all fees. They still have ridiculous withdrawal fee for bitcoins and altcoins. Some of the altcoins have a fee more than the amount of altcoins I hold and same for BTC where they have 0.0015 withdrawal fee. Will never use this exchange unless the coin is not listed on any other exchange except hitbtc. I got into HitBTC exactly because of coins that are either listed on very poor exchanges or not listed at all save HitBTC. Another annoying fact about my experience in HitBTC is that I already accumulated fractions of coins I used to trade there. They cannot be traded anymore and so they end up stuck in there forever. Binance is great with their option to convert these tiny fractions into BNB. I hope HitBTC will also address this somehow. Lowering trading fees may not be enough but it is pretty much a good start. Lowering withdrawal fees might follow soon. They might be using this strategy to keep the coins from coming out of their exchange. But this will certainly cost them more rather than gaining something from it. In effect, they are actually discouraging traders to use their platform. Title: Re: HitBTC lowers its fees Post by: EdenHazard on August 25, 2019, 07:30:18 AM Scam exchange. I do not know if it is a real scam, but my ICON and IOTA coins are being held on this exchange because they don´t have working withdrawals for about 2-3 months. ::)Too many scam reports on reddit. They mostly do selective scamming. Stay away. That's exactly how they scam people. I don't know anything about ICON but I am pretty sure the IOTA network works just fine. Then there isn't a valid excuse for disabling IOTA withdrawals. Most people say HitBTC is insolvent. Might be a insider thief, might be they got hacked, might be they just want to do selective scams. One thing is for sure, something is seriously fucked up with this exchange. They are clearly faking trading history .. faking volume and most importantly yeah it seems they do selective scams just like what you said above and many people claimed about this. I'm out from hitbtc. And one more thing , i found their customer service unprofessional even tend to 'childish' . Title: Re: HitBTC lowers its fees Post by: erikalui on August 25, 2019, 08:28:21 AM Their withdrawal fee is why I don't use them these days. I remember when I invested in TRX (Tron) back in 2017 when it grew to 2000 satoshis making me a profit of BTC0.06 on my BTC0.01 investment. I was fine to pay them the fee considering their fake volume helped me gain something but this doesn't help in the long time anyway. They have felt the heat of other exchanges with comparatively low fees on both trading as well as withdrawal, but are still taking very high fees for which many will pass it. They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. I had 0.005 BTC lying there and thought of not withdrawing as it would take 0.0015 BTC as fee but when exchanges started getting hacked, I preferred paying the fee. Most of my coins there have been delisted or have no trading volume and they ask me to pay 300-400 tokens as fee which is way more than the tokens I hold there. I prefer Tidex as they still have a reasonable fee and even Kucoin. They pay few sats per transaction which is why I had to use an accelerator to get it confirmed after 5 hours. After paying fee, they don't even use 10% of it. Title: Re: HitBTC lowers its fees Post by: 2double0 on August 25, 2019, 02:01:58 PM They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. Do they batch transactions using legacy or SegWit format addresses? From the 7k satoshi fee you're stating it looks like SegWit to me, but it could also have been a batched legacy transaction sent without much network congestion.If they use SegWit then it's absolutely ridiculous that they dare to ask so much in withdrawal fees. It's probably done so that people no longer withdraw their funds but keep it in their account and potentially trade more. I have always believed that this exchange is largely insolvent. They have waves where people easily withdraw and waves where there are a lot of complaints popping up regarding withdrawals that aren't being processed. The transactions I saw were not SegWit, but like baofeng told you they started using SegWit in late 2017 and continued using the same fee format they had been using since, but no matter what even if they ask it for legacy it is still unjustifiable on their end to give a reason why they had been stealing our funds through high fees even when, during current days, transactions are being confirmed at a fee of just 1 or 2 Sats/byte. ... I had 0.005 BTC lying there and thought of not withdrawing as it would take 0.0015 BTC as fee but when exchanges started getting hacked, I preferred paying the fee. Most of my coins there have been delisted or have no trading volume and they ask me to pay 300-400 tokens as fee which is way more than the tokens I hold there. I prefer Tidex as they still have a reasonable fee and even Kucoin. They pay few sats per transaction which is why I had to use an accelerator to get it confirmed after 5 hours. After paying fee, they don't even use 10% of it. That's the point I was trying to convey that these ridiculously high fees will get them their customers fly away from them to different options available. Even Binance doesn't ask for this high fees while comparatively giving much better services than hitbtc. Title: Re: HitBTC lowers its fees Post by: 1Referee on August 25, 2019, 09:23:08 PM They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. If you follow your coins after each deposit, you'll notice that the exchange starts to move these coins from address to address. It almost looks like they're mixing the inputs. Each one of these transactions requires a fee, and the steep withdrawal fees that people pay are meant to cover these fees. In other words, you're paying the exchange for something it shouldn't charge you for. People should stop using this exchange. Usding them equals rewarding them for their misbehavior. Title: Re: HitBTC lowers its fees Post by: 2double0 on August 26, 2019, 01:47:35 PM They send transactions in a batch so definitely there's not much that they pay and I have seen them paying BTC0.00007 for transactions while taking BTC0.002 from each member who withdrew which is garbage in my eyes. If you follow your coins after each deposit, you'll notice that the exchange starts to move these coins from address to address. It almost looks like they're mixing the inputs. Each one of these transactions requires a fee, and the steep withdrawal fees that people pay are meant to cover these fees. In other words, you're paying the exchange for something it shouldn't charge you for. People should stop using this exchange. Usding them equals rewarding them for their misbehavior. I noticed it sometimes that they are mixing the coins to save themselves from something? Maybe an exit scam some time later was planned but they didn't go because of those foolish people who are still using their expensive exchange and paying them the still-very-high fees even after a cut. They are just being used because of the type of denomination they give in each pair listed there as well as the fake volume that gives them the opportunity to show a lollipop to people with some small gains and then crashes. I don't know how they are still working under the hood as a centralized exchange with such fake volumes that is not even licensed. Title: Re: HitBTC lowers its fees Post by: Nazmul012 on May 06, 2020, 08:49:14 AM HitBtc is one of the worst & insecure exchange I've ever seen.
First Reason What to do with low fees if they scam your fund?? There are huge negative review against HitBtc.One of the Worst & insecure exchanges I've ever used. Second Reason In the matter of fees with altcoins, HitBtc charges too much fees than any others exchanges. I can Still remember, HitBtc charged 1000dent token(20$) for withdraw dent token where kucoin only charged 50dent token |