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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: nicepotato10431 on October 25, 2021, 03:46:54 AM



Title: Hotbit exchange, is it safe and good to trade here?
Post by: nicepotato10431 on October 25, 2021, 03:46:54 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: TastyChillySauce00 on October 25, 2021, 05:16:49 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)
Agreed, I have been using hotbit since 2019 and i never encounter a serious problem with it. I was also receiving regular passive income even with holding small amounts of USDT on my hotbit account. Bitforex and digifinex are well known as manipulated exchenge site. it doesn't have volume and all of trades happened on both were fake trades by bots. I have tried to use those exchange sites as well but hotbit was better than those exchange sites.

At least all my tokens are not gone in the wind and assets look safe.
I should remind you that never try to put a lot of money on hotbit This is to prevent a bad thing to happen with you and your money.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
There are lots of scam tokens on hotbit. You must be careful when choosing a token to trade on hotbit.
Any experience with Hotbit, anyone?
I have a long journey with this exchange site.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: joniboini on October 25, 2021, 06:33:31 AM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Not sure how you can blame an exchange if the projects turned out to be a scam. I mean, sure, they might have some poor due diligence (or maybe none), but at the end of the day, the team of the project is the one who run the scam. As far as I can remember, 'scam exchange' usually refers to shady exchange who manipulates volume, employ shady TOS, etc.

That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cryptoababe on October 25, 2021, 06:48:18 AM
Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: aprilnot on October 25, 2021, 07:24:21 AM

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

I think these three exchanges have almost the same quality in terms of security, and trading volume. so there is nothing special about the three exchanges. so none of the best of them. not bad, but still not worthy to be used as a main choice.


But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Not all, because Hotbit is one of the exchanges with too easy to list tokens. so that means there are a lot of bad quality tokens there. so it is not recommended to use this exchange, because there are too many bad coins there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: cryptoaddictchie on October 25, 2021, 07:37:20 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I've used hotbit before, the exchange is legit, but there are also complained of being scam. But from my experience it's good but that was years ago never used that again since then.

All I can say is that they listed some of the tokens that are potential scam and rug meaning they can accommodate it as long as the project paid it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Bttzed03 on October 25, 2021, 07:49:14 AM
~
But are the tokens on this exchange trustworthy?
I stay away from Hotbit because this exchange is a dumping site for hyped tokens IMO. Like you said, many tokens are easily listed there and a lot of them pumps too but how many of them were able to sustain their volume? If I ever trade there one day (out of necessity), I would sell and get out as fast as I can.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: _IRMAN on October 25, 2021, 09:58:05 AM
Any experience with Hotbit, anyone?
Hotbit is a good exchange, but not all tokens listed there are good. Many shitcoins are listed there, so don't let you trade the wrong coin / token.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: btc_angela on October 25, 2021, 10:42:32 AM
It's really hard to answer your question mate, but a quick search in this community yields this result

[1] Hotbit exchange is legit. (https://bitcointalk.org/index.php?topic=5133472.0)
[2] my problem with hotbit exchange. (https://bitcointalk.org/index.php?topic=5195237.0)
[3] Hotbit exchange is Proven Scam. (https://bitcointalk.org/index.php?topic=5333884.0)
[4] Stay Away from HOTBIT EXCHANGE (https://bitcointalk.org/index.php?topic=5113530.0)
[5] You can lose your fund cheaply with HotBit  (https://bitcointalk.org/index.php?topic=5180648.0)

Personally, I haven't used Hotbit not even once, but I just want you to see the threads about and make up your own conclusion.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: batang_bitcoin on October 25, 2021, 10:47:17 AM
Just a piece of advice.
If you have a token listed there and you're wanting to sell, sell right away so that you won't be feeling that worry if it's good to trade there or not.
You'll always get to see the division of suggestion of telling you to stay away from that exchange and those that have good experience trading there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Bitbtc8 on October 25, 2021, 11:13:47 AM
Hotbit is safe you have no problem, I've used this exchange more than 20-30 times already and I've never faced any type of issues but the warning is don't leave any coins or tokens on the exchange, once you trade or swap successfully just withdraw straight away


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: tbct_mt2 on October 25, 2021, 02:36:51 PM
Hotbit crypto exchange shuts down for maintenance after attempted hack (https://cointelegraph.com/news/hotbit-crypto-exchange-shuts-down-for-maintenance-after-attempted-hack). Hotbit exchange was hacked in April, 6 months ago but they did came back shortly after a few weeks.

They also spent their resources to fix their code, improve security and in the progress, they are very transparent with public updates for community. They are legit exchange and their reaction after the hack shows that they are improving.

You can trust the exchange but don't store all your money on any exchange, not only on Hotbit. Not your keys, not your coins.

https://notyourkeys.org/


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Jaered on October 25, 2021, 03:02:55 PM
Hotbit was one of the few centralized exchanges I used early in my crypto years, before I switched totally to decentralized exchanges(I don't even know how a cex looks like these days). I can pretty much say their services were okay, no snags, no reason to holler for help. Even when they had exploitation late last year or early this year, I still trusted them to bounce back, when many people thought they have exit scammed


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Teknisi88 on October 25, 2021, 03:10:59 PM
All exchangers have advantages and disadvantages.
It's good from hotbit, that's without having to verify the KYC account. Without the need to upload upload and selfies use identification cards. Just verify email and cellphone number, boom !! Can directly deposit and withdraw balance.
The disadvantage is because it does not need KYC, it can be used for money laundering and it is not impossible that someday it will trace the legal case. And based on the experience there had also been a hacking of hotbit servers so that they had a sudden repair for 14 days but managed to recover again and said the user balance was safe and fine.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: triat on October 25, 2021, 03:24:05 PM
Hotbit was one of the few centralized exchanges I used early in my crypto years, before I switched totally to decentralized exchanges(I don't even know how a cex looks like these days). I can pretty much say their services were okay, no snags, no reason to holler for help. Even when they had exploitation late last year or early this year, I still trusted them to bounce back, when many people thought they have exit scammed
you cannot transfer more than $ 1000 to this exchange. At one time, I made a lot of transactions here, but I left this exchange just before it was hacked. And I don't trade on it anymore.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: piebeyb on October 25, 2021, 03:40:12 PM
I also actively traded there before, but since they had such a long maintenance some time ago it made me worried and immediately transferred my funds to binance, so I haven't seen any progress of their exchange now, but I'm not saying hotbit exchange site is bad or not safe


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: airdata on October 25, 2021, 04:37:20 PM
Actually Hotbit is not a bad exchange, i use it from many times but only for emergency, i not use this exchange as crypto trading.
It is not a comfortable exchange as my opinion, becouse withdraw fees, minimum withdraw etc system. Some coins minimum withdraw and fees is huge, and also totally  i don’t trust this type exchange.                 


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mdzahed134 on October 25, 2021, 05:10:22 PM
I used this exchange from 2018 and still i didn’t see or face any major things. But Several months ago i have seen hotbit exchange hacked it’s confirmed through hotbit Twitter handle. Whatever, i like it’s easy accessible interface so i feel comfort to trade sometimes. It’s not top tier exchange but not bad, Another big advantages here you can trade, withdraw without KYC.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Galley on October 25, 2021, 06:39:44 PM
In my opinion, the Hotbit exchange is quite good for trading. This is certainly not Binance, but it is quite possible to sell the necessary coins on it, especially since there is a wide variety of them. I have been using it for a long time, and there were no complaints. I don't use it for trading, I just bought, sold, and withdrew.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Bitstar_coin on October 25, 2021, 07:03:09 PM
I have also use hotbit a couple of times to exchange some tokens, never had any issues with deposit or withdrawal, I agree am not a regular user but the few times I use them in the past, it was very smooth,
Although It seems their popularity has reduce so much unlike before, perhaps the arrival of new dex has shift the attention of many people it seems.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bitcoin-shark on October 25, 2021, 07:09:01 PM
i heard about it but never tried it requires kyc to use? to deposit and to withdraw? what daily limits does it have? I see that in the ranking of coingecko he is in 57th place and he has a trust of 7 is to try


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mdzahed134 on October 26, 2021, 11:38:56 AM
i heard about it but never tried it requires kyc to use? to deposit and to withdraw? what daily limits does it have? I see that in the ranking of coingecko he is in 57th place and he has a trust of 7 is to try
Hotbit doesn’t require to KYC to deposit and withdraw assets. I don’t see about Daily limit in withdrawal. Yeah, it has good ranking in Coingecko as well as in coinmarketcap ranking top 100. Most of the people using this exchange to trade or only sell bounty tokens but no one will go for deposit to big amount of money. 


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: coinzzzpro on October 26, 2021, 11:49:26 AM
I used to use this exchange for exchanges, but not trade permanently. So far all was well, but it is difficult to recommend unequivocally, it is not in the leaders now. If you want to trade, you must be identified (KYC) and not keep a lot of money there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: ultrloa on October 26, 2021, 12:18:43 PM
i heard about it but never tried it requires kyc to use? to deposit and to withdraw? what daily limits does it have? I see that in the ranking of coingecko he is in 57th place and he has a trust of 7 is to try
Yeah, it has good ranking in Coingecko as well as in coinmarketcap ranking top 100. Most of the people using this exchange to trade or only sell bounty tokens but no one will go for deposit to big amount of money. 
Don't trust the rankings given by some certain site even if we know how good the site placed them on good position since I think Hotbit got an issue in the past which they manipulate their own volume so never trust any of it. And also as you said many bounty hunters just go here to sell their earned tokens that's why its better to do this and never think about trading any huge amount since as of now many doesn't trust this exchange.



Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: otundebis on October 26, 2021, 02:12:01 PM
I have read many complaints about users funds reducing or outrightly disappear on hotbit exchange.  I use the exchange when there is no alternative for trade I want to make.  I will advice that you do not trade big amount on the exchange and make sure you do not leave your coin on the exchange.  The coin that are in your wallet is truly the coin that belong to you!


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: geegaw on October 26, 2021, 02:24:46 PM
I have read many complaints about users funds reducing or outrightly disappear on hotbit exchange.  I use the exchange when there is no alternative for trade I want to make.  I will advice that you do not trade big amount on the exchange and make sure you do not leave your coin on the exchange.  The coin that are in your wallet is truly the coin that belong to you!
There are a lot of feedback tickets and complaints about investor accounts on exchanges, so a little complaint on hotbit exchanges is normal but after all, victims still receive satisfactory treatment and besides, some are also unable to properly substantiate errors in their accounts, based on such a situation, rating the exchange as a bad one probably isn't too fair. I don't use Hotbit too much but what I often see from them is excessive maintenance and some phenomenon is fake in value,, maybe this is a big minus from Hotbit exchange


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Jeger.Kiting on October 26, 2021, 02:34:23 PM
i heard about it but never tried it requires kyc to use? to deposit and to withdraw? what daily limits does it have? I see that in the ranking of coingecko he is in 57th place and he has a trust of 7 is to try

Actually I'm not so sure about this exchange, if asked to do KYC it's a natural thing, but whether the security that the exchange has can be trusted / not, but here everyone doesn't want to take risks, in terms of trading, of course we put money which are large, so why don't we look for bigger exchanges like Binance or Bittrex, Poloniex, which have been trusted for a long time..


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: BAGOBO on October 26, 2021, 02:58:49 PM
I don’t recommended to Trust this exchange ranking or something like that. I know ranking isn’t everything an any exchange to trust because mostly exchanges manipulating their trading volume by using bot and a several poor quality exchanges ranks in top 50 in CMC that doesn’t menas those are trusted exchanges.
You will have to manually check to detect trading volume without using bots as exchange rankings are just a regular list sorted by overall daily trading volume calculation. I don't hold any long term coins on Hotbit because the reputation is not convincing in my opinion.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Dr.Osh on October 26, 2021, 03:06:22 PM
I have traded there several times, and so far it is quite safe. in fact, I just traded a few weeks ago, and maybe in the next few days, I might be trading there again. So far, I have never held my tokens or coins long term there. however, as far as I use it, it works pretty well.
once again, I never store tokens/coins there. although I say it's safe, but there are cases that there are people who have problems trading there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: ivankoh on October 26, 2021, 03:14:10 PM
I have never traded on hotbit, and most people here recommend against going there and they probably have many reasons or bad experiences with hotbit.  Most of my actions are done on Dex… except for p2p commands which are done on binance.  I love defi platforms more.  It was there that I really felt freedom.

Dex is getting better and EVM or cross-chain bridges are also convenient.  I believe it will really be the future of exchange


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mdgabrielzim on October 26, 2021, 03:40:27 PM
I have an account on it and have never had any problems. Also, the times I needed help, they responded via email very quickly. About tokens, you have to create some filter because many that enter there are scams.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Buntel168 on October 26, 2021, 04:40:49 PM
for me, choosing market exchanger just for sell my coin to make some profit and never to put a long time to hold my coin at there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: BAGOBO on October 26, 2021, 04:42:50 PM
Certainly. you cannot store any currencies here. Only fast purchase / sale and withdrawal of money. No more. Rating is such a thing, bots can catch up with volumes very quickly.
Bots will also not always work to catch up on volume on a daily basis, because the original volume is the result of a lot of demand and supply because that is what makes a coin often increase and stay in a good position.
To identify trading bots, access one of the coin trades to compare supply and demand with daily trading volume, if the trading volume is too high but the demand and buying is too low, it is certain that the trading bot plays a role in increasing daily volume, another alternative is to see the recent trading history.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: kopijos on October 26, 2021, 04:56:03 PM
Hotbit has become one of the largest exchanges in the world.  a lot of big tokens are listed on hotbit and have a good trading volume, I experienced trading on hotbit and I saw that hotbit is very good and worth using for long term or short term trading.  besides that hotbit also has many advantages over the exchanges mentioned above


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Anonymous100 on October 26, 2021, 07:39:54 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Based on my experience trading on the Hotbit exchange, I have never lost an asset. In fact, I always get a bonus every time they launch new coins according to the specified requirements. I think it's a safe and reliable exchange. Maybe if they experience problems, they immediately activate maintenance mode, so that the platform cannot be accessed by anyone.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: zonefloor on October 26, 2021, 08:40:17 PM
The hotbit was hacked several times and then continued on its way. Nice volume available on the listed cryptocurrencies. They continue on their way by improving their platforms day by day. Mobile apps also work nicely. The only problem with mobile applications is that they constantly update their applications. This gets annoying after a while. Another problem is that there are many bots and these bots can cause scams. But apart from these, it is a reliable exchange platform.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bitcoinsc on October 26, 2021, 10:30:59 PM
I have 6 digits in hotbit right now. Doing defi farming yields. And eth n btc interest per day. It is risky af but interest is good also. Lots of money! Earning 15$ a day doing nothing! Just gotta trade if alt coins decide to crash lmao.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: dbc23 on October 26, 2021, 10:37:58 PM
Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.
Hotbit isn't the only exchange that has ever been hacked. But since the could bounce back and @ op haven used the exchange for quite some time and has some level of satisfaction using the exchange shouldn't have any cause for alarm. The tokens listed might not be in the place of the exchange to decide if it's a scam or not. For all new tokens it's wise to set a profit target pull out as soon as possible while you sit back for a while to watch it's next moves


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: AmoreJaz on October 26, 2021, 10:42:39 PM
Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.
Hotbit isn't the only exchange that has ever been hacked. But since the could bounce back and @ op haven used the exchange for quite some time and has some level of satisfaction using the exchange shouldn't have any cause for alarm. The tokens listed might not be in the place of the exchange to decide if it's a scam or not. For all new tokens it's wise to set a profit target pull out as soon as possible while you sit back for a while to watch it's next moves

also, the exchange is not responsible for each coin or token that will be listed on them. they won't know if the team will rug pull or not. as a trader, you should be the one checking up on the coin, not the exchange.
i had used hotbit before but that was a long time ago. no prob encountered. but of course, you should not store your funds in exchange, whether top or not.
this should be done for all exchange anyway. so once you finished your trading, get your funds out.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: tbct_mt2 on October 27, 2021, 12:52:12 AM
also, the exchange is not responsible for each coin or token that will be listed on them. they won't know if the team will rug pull or not.
They do their research before they list new coins or tokens and the top exchanges will be more careful with their investigation. However, we as investors or traders can not rely on them. Exchanges have risk with hack and their investigations can be inaccurate. Nothing is perfect with anybody or any exchange.

Quote
as a trader, you should be the one checking up on the coin, not the exchange.
Not only checking up process but also don't store your coins on exchanges for longer than what you need.
https://notyourkeys.org/

Quote
this should be done for all exchange anyway. so once you finished your trading, get your funds out.
Exactly. Smart money flows like that, they only deposit to exchanges when they need to take profit. If they buy coins but price is not good to take profit, they move their coins out. We see it with exchange inflow and outflow and big outflow consistently is one of good indicator of something good in eyes of investors.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: FairUser on October 27, 2021, 01:09:51 AM
It is ok but not perfect for exchange, I have been trading with it since 2018 and have not had any problems in use.
And apparently hotbit also doesn't need KYC, but the problem is trading bots and lots of shitcoins :) , the liquidity of many coins is not there.
Always research to be sure you are going to deposit money into it and also keep an eye on the amount that you can withdraw.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: JeWay on October 27, 2021, 01:14:11 AM
It is ok but not perfect for exchange, I have been trading with it since 2018 and have not had any problems in use.
And apparently hotbit also doesn't need KYC, but the problem is trading bots and lots of shitcoins :) , the liquidity of many coins is not there.
Always research to be sure you are going to deposit money into it and also keep an eye on the amount that you can withdraw.
Hotbit's use case doesn't have a problem, but the exchange is still so lacking in features that it's still lagging behind the others, and I only use Hotbit to exchange my coins if they're not on another exchange and are just there


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: iv4n on October 27, 2021, 11:27:28 AM
I use Hotbit exchange a lot and have never encountered any issues, you don't have to worry. However there is one thing I don't like about this exchange, they have a lot of shitcoin listings.
Ignore their Shitcoin list and use the exchange only as necessary as it is also not against their policy and those who accept Shitcoins to be placed on their list also have their own reasons for this, so you don't need to think about it as long as its use is never problematic.

Hotbit shitcoin list is amazing! I used it before, while I had fun with some ICO's and alt investments, Hotbit is the exchange with early listings, so it was good for that purpose, to get out earlier! As I remember they had pretty high fees for BTC and ETH withdraws, it's why I didn't spend a lot of time there... I don't know the situation now, but probably they still have the highest withdraw fees around!


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Snappycoco on October 27, 2021, 12:19:19 PM
I have been using it since 2020 and I've never encountered any red flags so far. As far as I know this exchange is quite good and has lots of volume too. Good exchange for new coins emerging the market. The one thing I observe but not in connection with scam flags is their listings of shitcoins. Most of them are useless that rallies hotbit this year. Nonetheless, 4star exchange for me.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Japinat on October 27, 2021, 12:36:41 PM
Read more about Hotbit in this thread.  Hotbit exchange is legit. (https://bitcointalk.org/index.php?topic=5133472.220) that was created in year 2019.

I have not used this exchange anymore but based on my last experience, the exchange is good, they process withdrawals instantly and they also have a good trading volume though not as good as the top exchanges.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: TopTort777 on October 27, 2021, 12:46:43 PM
While discussing about how good or bad Hotbix exchange is, always remember that half a year ago it was hacked. Nearly 2 million users data leaked and the webpage was under maintenance for two weeks. They claim that not a single user suffered money loss. But users funds were frozen for two weeks. And compare it to other exchange hacks. Some got hacked and dont recover, some got hacked, but continue work if not the next day, then in a couple of days.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Sayeds56 on October 27, 2021, 12:58:37 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


I have been using this exchange since more than 3 years and I mostly use its trading platform to deposit and sell my tokens which I receive from Airdrops and Bounty campaigns and they are most of the quickly get listed on Hotbit. The transaction and withdrawal fees are comparatively highly and I didn't find their platform attractive for trading when you compare it with Binance and Kukoin because their volumes are very low.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: imamusma on October 27, 2021, 01:32:08 PM
I have been using this exchange since more than 3 years and I mostly use its trading platform to deposit and sell my tokens which I receive from Airdrops and Bounty campaigns and they are most of the quickly get listed on Hotbit. The transaction and withdrawal fees are comparatively highly and I didn't find their platform attractive for trading when you compare it with Binance and Kukoin because their volumes are very low.
I even very rarely use it when the BSC has started to be chosen by new project developers at this time, in the past I also didn't use it often if the tokens I had were listed on two or more exchanges, one of which was Hotbit, because after I created an account My hotbit sees this exchange very different from the others and I don't like it so much that I only use it when I need to, not everyday like I use Binance.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Semar Mesem on October 27, 2021, 02:09:47 PM
I often use hotbit to trade new coins or tokens, I know hotbit almost 4 years and I think hotbit is a good and safe exchange, they implement KYC for security and increase the limit when withdrawing.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: domoy77 on October 27, 2021, 02:29:25 PM
I often use hotbit to trade new coins or tokens, I know hotbit almost 4 years and I think hotbit is a good and safe exchange, they implement KYC for security and increase the limit when withdrawing.
Well it's not just limited to KYC implementation and withdrawal limits as it's also on all other exchanges, but the good thing is it's on the coin list there and also the amount of volume there as well as withdrawal limits which are much bigger than other exchanges make the judgment of some people go bad for Hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: 0verseer on October 27, 2021, 03:18:26 PM
I say they were an okay exchange, started around the time of Binance exchange become popular ~2017-2018 so they try hard to be another Binance. I did a few trades and withraw altcoins at there too and so far, my experience with the site has zero hiccups yet. They also have a good amount of trading volumes too.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: maydna on October 27, 2021, 04:24:49 PM
I have used Hotbit for some time, and I do not have a problem. Hotbit uses a standard verification, and I think Hotbit can be a good exchange in the future as they are trying to serve better for their members. But you need to research more to find if Hotbit is one of the exchanges you want because we will have different things about Hotbit. If you feel comfortable using Hotbit, you can use it for more and trade on that Hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: BayAngelo on October 27, 2021, 04:39:14 PM
yes it is safe and 100% save to trade on hotbit but do not leave huge amount of funds in there. also, I use that platform to trade shit coins. must shitcoins that I have are been dumped on hotbit. i see it as a hunting ground for pump and dump groups. it is safe and you can use but be sure that centralized exchanges are a target for hackers. Do your own research.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: lamnsdon on October 27, 2021, 04:49:43 PM
I used the hotbit exchanger myself 3 years ago. I don't think this exchanger is of good quality. This is because most of the tokens in the hotbit exchanger are later scammed and the volume on this exchanger is much lower.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Dewiana on October 27, 2021, 05:51:52 PM
if we look at the market today there are more and more signs that hotbit coins are good and become future assets, but even though
So let's not be careless for that because not everything under hotbit is good


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: haenko.near on October 27, 2021, 07:08:38 PM
I literally last week had my first experience with this exchange. A coin that I bought for deh was floated there. The deposit of this omenet came within 20 minutes, but the withdrawal was opened after 4 days, which strained me a little, because I did not want to sell all the coins. But in the end I got everything, and everything was successful, without any loss of funds.
Of the advantages of the exchange:
-Cool coin listings
- User-friendly interface
Cons:
-Large commissions for trading and withdrawal.
-No new coins are issued for a long time.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: GaxviiBuss on October 27, 2021, 10:00:44 PM
My dealing with hotbit is not that much, but what  believe and suggest is that don't leave your coin too long on exchange, however Hotbit has good reputation ever since have been using it, my friends and my mentor has never complained about it it it before.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: ameliana on October 27, 2021, 10:24:46 PM
As long as I use a Hotbit account to trade so far it is still very safe and I need to know that with so many tokens with new projects coming to the exchange, we have to be more careful in choosing tokens in the market because the trading volume of these tokens is so small that if we buy it very risky.
But if we make transactions with good tokens it seems safe enough to make transactions there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: arditiyan on October 27, 2021, 11:50:48 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

in an exchange there must be a token that is a scam.  but the scam will usually be seen after some time to come.  my advice if you are an active user of the exchange always analyze your chosen token well so you don't experience mistakes in the selection and get stuck in a loss


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: FairUser on October 28, 2021, 09:51:52 AM
It is ok but not perfect for exchange, I have been trading with it since 2018 and have not had any problems in use.
And apparently hotbit also doesn't need KYC, but the problem is trading bots and lots of shitcoins :) , the liquidity of many coins is not there.
Always research to be sure you are going to deposit money into it and also keep an eye on the amount that you can withdraw.
Hotbit's use case doesn't have a problem, but the exchange is still so lacking in features that it's still lagging behind the others, and I only use Hotbit to exchange my coins if they're not on another exchange and are just there
no problem!!!
This market is always like that, if everything goes according to our wishes, we are no longer who we are.
The point that I find most interesting is that they know how to accept new platforms, even though it doesn't mean much after that.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mdzahed134 on November 02, 2021, 08:00:37 PM
As long as I use a Hotbit account to trade so far it is still very safe and I need to know that with so many tokens with new projects coming to the exchange, we have to be more careful in choosing tokens in the market because the trading volume of these tokens is so small that if we buy it very risky.
But if we make transactions with good tokens it seems safe enough to make transactions there.
Because it’s listing fee provably not quite high. So that new projects will target this CEX and it’s don’t take long time to trade a new coin. It could be safe when you will not deposit such large amount because you know this exchange already hacked a several months ago. So, don’t trade with large amount of money.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Almasani on November 02, 2021, 08:54:22 PM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Scams are events that are difficult to predict. Usually done in a sudden way. This has happened on several other exchanges which at first seemed very reliable. But according to my experience, this exchange works well, and I also trade on this exchange. however, the volume is very low based on the CMC story.
But can the tokens listed on this exchange be trusted?
I see most of the tokens listed on the Hotbit exchange are also listed on other exchanges.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Naficopa on November 03, 2021, 09:17:59 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


I've seen a few complaints about this exchange, but it's probably not a big problem, because this type of situation happens everywhere.
I have personally sold a few tokens on Hotbit and have never had problems.
However, I do not recommend keeping funds on any exchange longer than necessary.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Review Master on November 03, 2021, 09:45:33 PM
Any experience with Hotbit, anyone?

My previous experience was great, but i didn't use hotbit since it got hacked. Also many memecoins/shit projects are getting listed into that exchange, that's why there are so many tokens in hotbit. Basically, memecoins/shit projects are using hotbit at first place as they can generate huge volume by wash trading to attract new investors. ;D So just use that exchange when you don't have any option and storing funds into that exchange isn't good choice, IMHO.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: harizen on November 03, 2021, 10:17:52 PM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

As per my own experience is concerned, I have never got a problem trading at Hotbit. I used that exchange during the time I'm having difficulty doing some research if the platform is trustworthy.

Since I have no choice but to use them since 2 of my tokens are only listed there with a good volume, I test the water at that exchange and that's it. Deposit and withdrawals are smooth and I used the exchange for months since then. It's been a long time now since I last used the exchange so I can't comment about its current status to the community.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Lantind on November 04, 2021, 06:21:20 AM
Quite safe to do it right, you can predict slowly about what you follow later. There are many projects that look perfect and develop very well in the future but turn out to be nothing in the future.
At the initial stage all projects almost look good, but when the development team starts to stop and have obstacles to carry out the project roadmap, then from that everyone can judge and see how strong the project can hold up well and in which direction the project will choose its partners at that time, including choosing a popular exchange of course.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: arditiyan on November 04, 2021, 06:25:41 AM
hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use. I think hotbit is currently in the best position for new coins to be listed. because coins listed on hotbit usually have the potential to grow bigger


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: nekorakoeora on November 10, 2021, 01:24:11 PM
Some time ago on the forum there were those who said the balance on Hotbit disappeared for no reason and there was also a decrease even though it did not make any transactions. In the play store reviews also many who have such complaints. I have a little doubt about this market although finally I am also curious because I am interested in trying meme coins. For trading and investing I think don't put everything on Hotbit. Choose a truly trusted market.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: JahriMeayer on November 11, 2021, 12:19:03 PM
Yeah, although i'm not a regular trader on hotbit but i have done so many trades and token sells on there. Mainly i use this exchange for token sells. can't tell about what other people experience but i haven’t face any kind trouble yet. recently it was hacked but that's a common and normal thing nowadays. Can’t guarantee about safety cause no exchange is totally safe but at least you can trade there if you don't have other choice. Otherwise better to select good exchange by Trust rating


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: triat on November 11, 2021, 12:21:00 PM
Yeah, although i'm not a regular trader on hotbit but i have done so many trades and token sells on there. Mainly i use this exchange for token sells. can't tell about what other people experience but i haven’t face any kind trouble yet. recently it was hacked but that's a common and normal thing nowadays. Can’t guarantee about safety cause no exchange is totally safe but at least you can trade there if you don't have other choice. Otherwise better to select good exchange by Trust rating
indeed there are fast deposits / withdrawals of cryptocurrencies. But the main thing is not to store cryptocurrencies there, make transactions and withdraw. Otherwise, you can be left with nothing.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: JeffBrad12 on November 11, 2021, 01:13:05 PM
hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use.
This exchange site is not safe anymore and you must be careful when using this exchange site. I will try to mention the news about this. https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
that's more than enough to give you a strong proof if hotbit was not a safe exchange site anymore.

I think hotbit is currently in the best position for new coins to be listed. because coins listed on hotbit usually have the potential to grow bigger
totally wrong, you have counted only token that are still alive in yobit but you didn't even count the tokens that gone to the hell. there are bunch of shit scam coin already dead in hotbit exchange site. Did you remember about thos doge fork token? so many doge fork token already listed on hotbit and they have gone. Hotbit has also faced so many problems in the past. Did you remember when hotbit got hacked?
that proves that if this exchange site has low security system compared with another exchange site.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Farma on November 11, 2021, 01:35:47 PM
hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use.
This exchange site is not safe anymore and you must be careful when using this exchange site. I will try to mention the news about this. https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
that's more than enough to give you a strong proof if hotbit was not a safe exchange site anymore.

a few days ago, I just made a transaction on hotbit because I sold a token, and most likely I will still do more transactions in the future.
well, i just saw this, and it seems pretty bad. So far, personally, I feel pretty safe using Hotbit, but because of the news, I don't recommend holding any more assets long term there. DWYOR


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Wildwest on November 11, 2021, 01:43:12 PM
If you want to trade on hotbit I don't think there is wrong, because until now the hotbit market has not been a problem and it is still safe for us to use, but you have to be careful in hotbit many fraudulent tokens so do not get stuck in obscure tokens because the hotbit market is not 100% we can rely on so do not let our assets disappear just like this of course we must be vigilant, For the problem of my experience also used the hotbit market in the last year when it was very safe for us to use.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mbakruroh on November 11, 2021, 04:15:50 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


As far as my experience joins the Hotbit exchange, I have not experienced any problems or lost assets on the exchange. They quickly overcome when an attack occurs, one of the methods they do is to create a maintenance site. However, frequent maintenance also makes traders bored with the exchange, not only with Hotbit, but also with other exchanges. In essence, the Hotbit exchange can be trusted to trade your assets.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Rehan Zakir on November 11, 2021, 06:28:30 PM
I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Lantind on November 12, 2021, 01:02:39 AM
indeed there are fast deposits / withdrawals of cryptocurrencies. But the main thing is not to store cryptocurrencies there, make transactions and withdraw. Otherwise, you can be left with nothing.
What you said is true because I personally also use Hotbit as a place of exchange only and nothing more because after everything is done I immediately withdraw it to my wallet without me storing anything there, because storing there has a much greater risk.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: MAAManda on November 12, 2021, 02:35:48 AM
I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets

Everyone will say it's safe and comfortable before they get into trouble, BTW, I have some friends who have problems there, it's very dangerous to put the majority of your assets there, moreover I heard that their support side is very slow in dealing with user problems.

It's undeniable that there are lots of meme token projects whose prices explode there, but you must always be vigilant and be careful of Hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Al Qiyamah on November 14, 2021, 03:38:47 AM
Hotbit is a good exchange if there is no other choice. but however you still have to be careful putting your money in any exchange. like some time ago Hotbit was hacked, but luckily no user money was lost. indeed there are many shitcoins that can easily be registered and can be traded with even very low buy and sell orders. I still don't want to say any exchange is safe, because hacking can happen anywhere and anytime. so still have to be careful, if you don't want to lose your money.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: magnum1010 on November 14, 2021, 05:01:16 AM
Hotbit has some problems in spring when Hotbit exchange temporarily suspended its work due to hacker attack.Hackers failed to gain access to the cryptocurrency, but they were able to steal client data from the exchange. Nevertheless, team of the Hotbit exchange fixed everything and it  completely recovered from the cyberattack in two weeks. Now it is safe.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: gwdf1 on November 14, 2021, 05:05:59 AM
I consider this exchange to be trustworthy, I have had no problems with it apart from problems in April connected with haker attack. A lot of projects launched on this exchange, so it is very comfortable when you have access to all new altcoins and projects. What is more, this exchange help some projects and becomes their investors.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mdzahed134 on November 16, 2021, 06:26:15 PM
I consider this exchange to be trustworthy, I have had no problems with it apart from problems in April connected with haker attack. A lot of projects launched on this exchange, so it is very comfortable when you have access to all new altcoins and projects. What is more, this exchange help some projects and becomes their investors.
For lots of new coins listing means there so many SCAM projects got listed easily i have seen a several such of projects and you know it can be Danger for the newbies traders. I used to like this exchange a lot before being hacked, but now i am a little worried about using it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cornia on November 16, 2021, 08:55:41 PM
I occasionally trade on the HotBit exchange. I haven't had any bad experiences with this exchange so far. Everything is smooth and perfect.  You can definitely trade here. This is not a scam exchange. However, if any token listed here is turn into scam then what is the fault of exchange?


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Anguwa on November 16, 2021, 09:15:39 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I have trust on Hotbit exchange for one reason, I once submitted Hotbit exchange USDT wallet address to receive my bounty rewards, as at the time the coin will be sent, Hotbit exchange face some security challenges, so they did maintenance, unfortunately they change almost all the wallet address, so I was scared and my reward was sent during their maintenance, but as I chat them they returned my money. That's why I like trading using Hotbit because I belive my wealth is safe.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: examplens on November 16, 2021, 10:08:03 PM
All "feedbacks" here sounds like a shill. Why?

I use this exchange because I had a few alts listed only there, or Hotbit is an exchange with a higher trading volume of these altcoins. I believe they want to work honestly, their good management at the time they were hacked has been mentioned several times.

I noticed a few problems with them. first, there is a very low trading volume. it is certainly lower than they report.
I lost some funds because of their poor loading platform. The deposit address did not load properly (after more than a few minutes), and I send one token to USDT address (which is the default when opening the deposit page). they asked for too much in ETH to transfer the token to the correct address.

So, it's trusted for now service, but with caution and not for holding larger amounts there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: tokyohd on November 17, 2021, 03:52:09 AM
I am a regular user of Hotbeat Exchanger. There has never been a problem with deposits or withdrawals. I think it's a very good exchanger. There are many good tokens listed in this exchanger. I think this exchanger can be used without hesitation.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: jeungo on November 17, 2021, 08:03:29 AM
This is a reliable exchange with which I worked for several years, and she did not doubt in his work, I would like that there would be more coins on their playground for the possibility of exchanging and worrying, but most of the fact that they have these good projects are not doubtful.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: airdata on November 17, 2021, 08:07:38 AM
Hotbit really a good exchange and everybody can trade coin on Hotbit exchange,  kyc is optional for deposit /Withdrowing but i want to say that don't deposit more fund in Hotbit exchange. Sell token take profit and withdraw fund, not need to store capital in exchange.               


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Amboss9091 on November 17, 2021, 08:42:41 AM
I believe that we cannot tell any exchange whether we are trustworthy.  I have seen many experiences where any exchange can be hacked at any time. I have been trading on Hotbit exchange for almost three years now. It is also easy to use.  But compared to binance, kucion, ftx Exchange can not be considered hotbit.  These all exchanges have many features that are more beneficial than other exchanges.  Hotbit Exchange needs a lot of upgrades to get in its place.I don't mind being used.That is the reality.  There is truth.That doesn't mean the hotbit isn't good.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: khiholangkang on November 17, 2021, 09:46:44 AM
Hotbit is one of the good exchanges, I've sold tokens there a few times and never had any issues, everything went smoothly.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bigjuk on November 17, 2021, 10:25:14 AM
Hotbit is one of the good exchanges, I've sold tokens there a few times and never had any issues, everything went smoothly.
Problems are indeed rare, but the number of withdrawals and withdrawal fees on certain coins is still very expensive when compared to others, so using Hotbit for daily use doesn't look very suitable except for just exchanging new tokens, it's definitely not a problem.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: maydna on November 17, 2021, 10:38:07 AM
Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: gurunanakji777 on November 17, 2021, 11:41:09 AM
I am also using Hotbit for last 2 years and I never face any problem in deposit and withdrawals. Its a user friendly exchange even newbies can use it without any help. Yes, in the past time I noticed several new projects coins listed on hotbit. I hope they will add more feature like other big exchanges to attract more users.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: darmin on November 17, 2021, 04:25:33 PM
Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.
I don't have any problems with Hotbit either. But if many doubt this market seems natural because this market has been hacked. But interestingly, there are still many cheap coins in this market and become an attraction for investors to start looking for coins with good projects for the long term or big profits in a fairly short time.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: martina14 on November 19, 2021, 04:53:03 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


In my experienced using hotbit is so far so good. Though, 3 or 4 months ago if I am not mistaken, for what I don't like to hotbit by that time is they mostly took maintenance from time to time and the longest was 2 weeks or 3 weeks between the two something like that. But at this time
hotbit is good to used now and everything was smooth and better.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: tygeade on November 19, 2021, 04:18:07 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
The reviews I have been seeing online on Trustpilot says a lot about them. They have a very bad rating of 1.7 on Trustpilot and every single review I kept coming across on the website was saying that the Hotbit exchange is a scam. When an exchange has such a bad rating, especially on a review platform like Trustpilot, it’s always best to avoid them entirely so that you don’t end up experiencing the same thing that those people have experienced. An exchange that has a rating of 1.7 is a capital NO for me. So, I will advise you to stay entirely clear from them.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: aseprebel on November 19, 2021, 04:32:49 PM
I am also using Hotbit for last 2 years and I never face any problem in deposit and withdrawals. Its a user friendly exchange even newbies can use it without any help. Yes, in the past time I noticed several new projects coins listed on hotbit. I hope they will add more feature like other big exchanges to attract more users.
maybe some people have different experiences about this exchange, and the problem of large transaction fees may also need to be rethought, plus this exchange has experienced hacking, I don't think it's wrong for you to save your funds in this exchange but with funds that are not too large or just buy tokens or shitcoins for example buffdoge coin announcing that they are already listed there, there are several reasons that may be different but it all comes back to you


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Farma on November 19, 2021, 04:37:26 PM
Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.
personally, I also have no problem using hotbit. in fact, I just made a transaction yesterday. even though the transaction I did took a long time to be sent to the wallet I have. however, as far as I'm using hotbit, I haven't had any problems so far.
However, if you want to make transactions that are guaranteed to be safe, you should only use Binance or Kucoin. it is a trusted market until now.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: yhiaali3 on November 19, 2021, 07:45:44 PM
I have a good experience with Hotbit, I have been trading there for a long time on some tokens only with a small capital, the main feature that makes a lot of users use that exchange (I don't know if this is an advantage) is the listing many tokens obtained from the airdrop so They register on this exchange and sell the tokens that they earned from airdrop or bounty, for trust it can be said that Hotbit is reliable and has some good features as well as the transfer fees are rather low but you cannot trust the tokens that are listed there because most of them are scam or chitcoin, I left the exchange recently Due to the slow opening of the page and this caused me a lot of inconvenience, so I decided to withdraw my balance from there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Lantind on November 20, 2021, 02:06:03 PM
I occasionally trade on the HotBit exchange. I haven't had any bad experiences with this exchange so far. Everything is smooth and perfect.  You can definitely trade here. This is not a scam exchange. However, if any token listed here is turn into scam then what is the fault of exchange?
The exchange party is not wrong because they only provide land to exchange and also to do what is needed, but if the exchange tends to be slow and lacks the features that their users need, then very few people will stick with them.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: MadeMen on November 20, 2021, 02:13:02 PM
From my experience hotbit is a very good platform to trade your cryptocurrency but that doesn't mean that there are no scam tokens on the platform. It's always a good idea never to leave substantial amount of cryptocurrency on any exchange platform due to the fact that the exchange could be compromised.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: chaser15 on November 20, 2021, 02:15:09 PM
Hotbit exchange is either good or bad based on the user's experience.

About my experience with them, they are good because I don't have any problems using them. I will just say what I experience but I don't know if others got a problem. There are lots of exchanges to choose from which are more reputable.

Rather than asking if Hotbit is safe, what's the reason why Hotbit is chosen?


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: whiteblue on November 20, 2021, 02:16:57 PM
From my experience hotbit is a very good platform to trade your cryptocurrency but that doesn't mean that there are no scam tokens on the platform. It's always a good idea never to leave substantial amount of cryptocurrency on any exchange platform due to the fact that the exchange could be compromised.
It's certainly there because the exchange also accepts what they want before placing any tokens or coins on their list, because service providers for an exchange like Hotbit are very feasible to use and I myself have never encountered a problem with this exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: nitin8263 on November 22, 2021, 07:38:44 AM
Hotbit is a good exchange to trade and your fund is safe in this exchange, Many of investors trade in this exchange, Hotbit exchange is the popular exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: onecall123 on November 22, 2021, 01:42:46 PM
Are you interested in purchasing or selling a token that is listed only on the Hotbit exchange?

Based on my experience I can definitely recommend green singles, but not long holds. I have used it multiple times, the last time this week. Using it was simple and fast. But, I am afraid to use exchanges like those that get hacked regularly and receive so many reports. It's great that you wanted to learn more about the community first. Find out if anyone has bad experiences with the exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Twinkledoe on November 22, 2021, 01:50:58 PM
Are you interested in purchasing or selling a token that is listed only on the Hotbit exchange?

Based on my experience I can definitely recommend green singles, but not long holds. I have used it multiple times, the last time this week. Using it was simple and fast. But, I am afraid to use exchanges like those that get hacked regularly and receive so many reports. It's great that you wanted to learn more about the community first. Find out if anyone has bad experiences with the exchange.

Once you finished trading with your intended token or coin, withdraw your funds and send it to you own wallet, which is more secure. I had used hotbit before and didn't encounter any problem but of course I got out my funds after trading, which was a good thing. Because right now, I can't open my account again as the phone with google authenticator that I was using was already damaged. You'll never know what will happen, so better secure your funds outside the exchanges.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Dewi Aries on November 22, 2021, 02:01:35 PM


Any experience with Hotbit, anyone?


Still using it until now, especially after IDENA validation usually i sell my coins in Hotbit. But maybe what i concern is when i doin withdrawal, it took a little longer than usual. I mean to be accepter / if me not wrong when i withdraw it will be veryfing first before success take hours, but my withdraw still landing from Hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Furious 7 on November 22, 2021, 02:41:50 PM
As long as you trade on hotbit and don't keep assets there for long it's much better, what I do on Hotbit exchange is very short, deposits>trades>withdraws that is what I do on this exchange never too long assets are left here I certainly had concerns about that so I made a direct withdrawal.

Maybe some are having problems some are not, but what I know Hotbit support is still able to respond if there are still complaints it will still happen if it happens to hack I don't know about the responsibility for that.

And Make sure you know the real Hotbit exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Balmain on November 22, 2021, 02:55:23 PM
I see Hotbit listing a lot of new projects. I have never used it as a stock market and I have never traded, what is the advantage of this stock market to trade. I looked at the data of Coinmarketcap, it is 136th in the ranking and has a score of 3.6. I just learned that this stock market is not even in the top 100. I don't know what advantages it has for users, is there anything worth the risk?


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: rozak on November 22, 2021, 02:56:27 PM
I'm still using Hotbit because I've never had a problem since I registered with Hotbit 3 years ago, I think Hotbit is good and withdrawals are very fast, but the thing that must be improved is the high withdrawal fees, for ETH it can reach 0.006 ETH or the equivalent of $25.
I think the withdrawal of ETH and tokens in the ETH ecosystem also has a high cost.
for ETH itself on binance is also quite expensive, can reach 0.005 ETH.
but overall from the Hotbit exchange platform I have no problems using it. I haven't used this exchange in a long time. but several times I'm still there to sell the tokens that I have.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: fvb on November 22, 2021, 04:34:36 PM
I used to trade on this exchange and did not face any problems either. They talk about big commissions here. Always output to TRX and everything was fine.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bounceback on November 23, 2021, 09:12:34 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Yes, lately a lot of tokens or coins are listed on the Hotbit exchange, I use the newly listed coins on the exchange to do arbitrage and so far for me Hotbit exchange is very safe as long as I do arbitrage, but I do not recommend making long term investments with Hotbit exchange because in the past the exchange had a bad reputation.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: HodlerKing101 on November 23, 2021, 09:37:25 AM
RE: Main topic -

Yep, I've used Hotbit for over a year and it's actually safe and easy to use. I also like the yield on the coins you currently own in your wallet.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Kadal Ijo on November 23, 2021, 02:47:29 PM
I'm a hotbit user for almost 3 years and have never encountered any problems when depositing and withdrawing, they implement KYC so that it makes our account more secure, I'm not a part of Hotbit but I'm just saying what I experienced with hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: riskarcher on November 23, 2021, 02:58:02 PM
Hotbit is a trusted and safest exchange in protecting its users, for example, my Google authenticator was lost 2 years ago because my cellphone was broken and in the process of recovering an account, it requires proof of transaction, so this proves Hotbit has good security quality. never disappointed with Hotbit, especially Hotbit already has a mobile application in the playstore. Hotbit not scam. you must try it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Sayeds56 on November 27, 2021, 08:15:07 PM
Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.

Hotbit is not so reliable exchange as far as security of your funds is concerned. It has history of hacking and exchange for shut down for many days as far as I remember. It is famous  for listing of low quality projects, having weak use case , their withdrawal fees are relatively higher when you compare it with Binance and other leading exchanges. Most of the listed tokens have poor liquidity, which causes users to have problems trading assets and customer support is also very weak.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: sulendra12 on November 27, 2021, 08:20:13 PM
Yeah, here most of the users dropping very good feedback also i haven’t bad experiences in this exchange even i used for the several years. But i don’t agree to hold in long term and big amount of dollars. And you can't ensure here your fund is 100% safe because it was hacked once.
The exchange itself is fine I think and people are satisfied with the current Hotbit performance as far as I have seen. Even though it was hacked but it doesn't mean it would be bad after that. Hotbit approved that they could make something better after that incident. Despite on coinmarketcap rank is pretty low but the performance for myself is quite good and comfortable to use as a trader.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: topbitcoin on November 27, 2021, 08:41:01 PM
I don't have any problem using Hotbit until now, but there are exchanges that i use to trade and then exchange that only listed coins that i want to sell. For daily trading or regular trading  i choose bigger market. Not means that Hotbit is bad, but that is my choice. If about safety, i think there are no problem yet with hotbit when i use it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Rengga Jati on November 27, 2021, 09:12:41 PM
I don't have any problem using Hotbit until now, but there are exchanges that i use to trade and then exchange that only listed coins that i want to sell. For daily trading or regular trading i choose bigger market. Not means that Hotbit is bad, but that is my choice. If about safety, i think there are no problem yet with hotbit when i use it.
Yeah, so far I also didn't find any problems using HotBit although I use this exchange, not for daily trading. Only several times to trade some certain altcoins.

Moreover, it is also in Coin Market Cap with a quite big volume.
https://coinmarketcap.com/exchanges/hotbit/
But sometimes, the fees of withdrawing are quite big.
Some new altcoins are also listed in the exchange. Be careful with those new altcoins because sometimes they are also very risky.
But for HotBit itself, as long as we are careful enough, they are reputable, although not as high as top exchanges,


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: omone1 on December 02, 2021, 08:14:49 PM
hotbit is notorious for always carrying out upgrade, constant upgrade leading to halt of trading activities and fund withdrawal can lead to  a serious profit loss or been brutalize by the market. I trade little there, most times, I withdraw my fund when can.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: alfanjhon on December 03, 2021, 07:25:13 AM
I've never committed trade in hotbit but I think there are too many tokens that are unclear there, I think it's better to record the large market in the market


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: nurulhmani1280wat on December 03, 2021, 08:21:27 AM
Hotbit is one of the exchanges with token listing too easy, If you have tokens listed there I say withdraw as soon as possible and you don't leave tokens on that exchange after trading, but I'm not saying that hotbit exchange sites are not safe, hotbit isn't centralized exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: EmmaGod on December 09, 2021, 02:01:00 PM
I have an account with hotbit exchange and I personally haven't lost any of my funds on the exchange, but I would advise you don't store substantial amounts on the exchange. If it's possible to only have what you want to trade on the exchange, it would be much better. The exchange has a lot of tokens which are not to be trusted, I'll advise you thread softly.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Alert31 on December 09, 2021, 02:11:33 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Yeah, hotbit is indeed better than digifinex or bitforex. I traded in hotbit for a long time and never encounter any problem and compared to digifinex, hotbit has a small transaction fees. Digifinex is not a good exchange for me because it is manipulated  and the transaction fees is too high which is very dissapointing and annoying because sometimes transaction fee is huge than your asset needed to withdraw that's why the ending is   you won't withdraw your asset.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Olayinka2225 on December 09, 2021, 03:42:08 PM
I don't really feel alright with hotbit, many time when you have coin that's mooning on their exchange, the next thing you see is that they're on maintenance. This has happened more than once.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: iv4n on December 09, 2021, 03:54:30 PM
I have an account with hotbit exchange and I personally haven't lost any of my funds on the exchange, but I would advise you don't store substantial amounts on the exchange. If it's possible to only have what you want to trade on the exchange, it would be much better. The exchange has a lot of tokens which are not to be trusted, I'll advise you thread softly.

Same thing here, I am using Hotbit for years I think and I never had any problems... I don't store there anything as I do on some other exchanges, I only use it to get in and out of some coins/tokens that are listed there! For example, the other day I had some BFG for selling, Hotbit was one of the places where BFG is listed, and I think the best place of all others. So I got in and out without any issues, I can even say pretty fast USDT withdraws, and we can choose many chains, I went with TRX just 1 USDT fee... on ETH it was $30!


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Pejoh Asu on December 12, 2021, 02:52:41 PM
I've been using hotbit since 3 years ago and have completed KYC, and have often traded on hotbit, as long as I used hotbit I didn't encounter any problems when depositing or withdrawing, and I think hotbit is a trusted exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Alanaz on December 12, 2021, 02:59:49 PM
I don't have any problem using Hotbit until now, but there are exchanges that i use to trade and then exchange that only listed coins that i want to sell. For daily trading or regular trading  i choose bigger market. Not means that Hotbit is bad, but that is my choice. If about safety, i think there are no problem yet with hotbit when i use it.
not using it doesn't mean the exchange is bad, hotbit is indeed the one that I use and it's actually quite simple to use there.
but i agree with you their security is quite good but indeed because of the many exchanges at this time maybe hotbit is one that is on the list is good enough to use


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Quidat on December 14, 2021, 10:18:31 PM
I've been using hotbit since 3 years ago and have completed KYC, and have often traded on hotbit, as long as I used hotbit I didn't encounter any problems when depositing or withdrawing, and I think hotbit is a trusted exchange.
There are users who do have good experience about this exchange but if we do count off the number of issues and complaints then i dont
think that it would really be worth on trading or depositing into this exchange but well its up to someone if they could bare some risk
but if you do ask me then i wont really be touching this exchange.
There are some circumstances on which you dont have any choice specially if this is only the exchange on where your coins been only
traded off.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: marilynmanson21 on December 14, 2021, 10:25:58 PM
i trade on hotbit never had a problem, how long ago,  hotbit was hacked the recovery period is very fast so i'm sure to trade there, not yet maintenance there which is done every 2 months for smooth use, this makes me comfortable trading on hotbit
note : don't save a lot of your money in exchange


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: nurulhmani1280wat on December 15, 2021, 12:51:49 AM
hotbit is a very famous crypto asset trading platform and used by many people from all over the world.

hotbit has problems, such as being hacked, but they have fixed it, but the greatness of Hotbit is unquestionable. Through this application, we can buy and sell crypto assets very easily and supported by a stable server.

but not all tokens listed in it are good and there may be some tokens that are potentially fraudulent, you should be careful before trading.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Rahman11 on December 15, 2021, 03:35:03 AM
Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.
Bitforex is a fake volume creator.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Beparanf on December 26, 2021, 01:30:47 PM
Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.
Bitforex is a fake volume creator.
Is Hotbit no fake volume created ? because I also use Hotbit very often and have also found irregularities in volume although not all coins are like that, and for Bitforex I use it very rarely so I can't give an assessment for this.
Most of the exchange has fake volumes from wash trading even top exchange like Binance and Kucoin since most of this CEX is unregulated by SEC. The difference of Binance to Bitforex & Hotbit was they have a real big volume despite wash trading while the other low tier exchange are purely relying on wash trading for the majority of there volume. The majority of crypto market volume is just fake though.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: coin-investor on December 26, 2021, 02:06:07 PM
Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.


Yes I agree although there are accusations on Hotbit I have no problem trading there, I only trade 3 to 4 coins I'm holding, the only issue I have over Hotbit is you have to wait for your withdrawal to confirm, my waiting time is from 3 to 6 hours but I received all my withdrawals, so if you are going to trade here in Hotbit you should be aware of their withdrawal waiting time.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: GbitG on December 26, 2021, 07:45:37 PM
Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.


Yes I agree although there are accusations on Hotbit I have no problem trading there, I only trade 3 to 4 coins I'm holding, the only issue I have over Hotbit is you have to wait for your withdrawal to confirm, my waiting time is from 3 to 6 hours but I received all my withdrawals, so if you are going to trade here in Hotbit you should be aware of their withdrawal waiting time.
I never suggest anyone to hold his coins/tokens to hold on exchanges because we have some very bad experiences and good number of scams with this policy, just try to trade and then quickly withdraw your funds because it's never been safe for anyone. Just remember "NOT YOUR KEYS NOT YOUR COINS" every time complete your order and then try to withdraw your funds for better security no exchange is safe we have some good number of hacks and stolen funds from many exchanges in last few years.

Even Binance and any very reputable exchange is not safe for holding.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: koang on December 29, 2021, 10:51:50 PM
Hotbit exchange specializes in crypto to crypto trading only and growing exponentially
but Hotbit does not support US customers and does not offer margin trading
I've been trading on Hotbit since 2019 and never had a problem.
Personally, Hotbit is one of my favorite spot exchanges
and Hotbit is a good option to consider if you want to trade a wide variety of altcoins.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: OrangeII on December 29, 2021, 11:02:28 PM
Hotbit exchange specializes in crypto to crypto trading only and growing exponentially
but Hotbit does not support US customers and does not offer margin trading
I've been trading on Hotbit since 2019 and never had a problem.
Personally, Hotbit is one of my favorite spot exchanges
and Hotbit is a good option to consider if you want to trade a wide variety of altcoins.

Personally, I also frequently trade there. Even though it's not my favorite exchange, and there are lots of FUDs circulating about this exchange, but as far as I've been using it, I haven't had any major problems. maybe the only complaint that makes me a little uncomfortable is the withdrawal which takes a slightly longer process. however, as long as the transaction is successful, and it doesn't take 24 hours to wait, it doesn't seem like much of a problem to me.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: alisonwonder on December 30, 2021, 04:35:59 AM
Hotbit is good exchange and usually like other exchange market but some time you need working hard with Hotbit when your deposit or withdrawing get verifying status, ever many time I faced my withdrawal get verifying and need hard working chat contact online support to get back my fund, need one or two days for getting back our fund. But for withdrawing most faster exchange is Hotbit, usually I withdraw USDT with bsc network just only one second success withdrawing.
Hotbit is only slow in online support if there is a problem, for others it is always smooth including withdrawals, so when viewed as a whole or in general, Hotbit has never had any problems in the crypto space and is still very good to continue to use.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Pahom on December 30, 2021, 04:57:04 AM
I think that hotbit is quite good, it has some problems in April when it temporarily suspended operations due to hacker attack. But Hotbit claimed that the clients' funds were safe. Hackers failed to gain access to the cryptocurrency, but they managed to steal customer data from the exchange. But actually, the team of an exchange reacted very fast and took necessary steps, so it took 7-14 days to restore. Now everything works well.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: XUR_TIP on December 30, 2021, 05:55:46 AM
Hotbit is a good exchange, better than some exchanges like bitbns p2pb2b and many others, they do have some bugs but team work is better and they are also helpful too, there withdrawal is faster too than average crypto exchanges like not up to a minute you will get your assets


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: TopT3ns on December 30, 2021, 05:58:36 AM
Hotbit is good exchange and usually like other exchange market but some time you need working hard with Hotbit when your deposit or withdrawing get verifying status, ever many time I faced my withdrawal get verifying and need hard working chat contact online support to get back my fund, need one or two days for getting back our fund. But for withdrawing most faster exchange is Hotbit, usually I withdraw USDT with bsc network just only one second success withdrawing.
Hotbit is only slow in online support if there is a problem, for others it is always smooth including withdrawals, so when viewed as a whole or in general, Hotbit has never had any problems in the crypto space and is still very good to continue to use.
Some time Hotbit faced cases with deposit suddenly suspend and I ever faced this problem, almost one year my deposit still suspend and try to complaint just get respond waiting only, I loss about 300$ there when success deposit from trustwallet to hotbit and confirmation three minutes, when almost success deposit coming address deposit close and I need when re open deposit again, almost one years still not get good news when my coin open deposit and get back my money.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Quantum907 on December 30, 2021, 06:07:55 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?



I use Hotbit for almost 3 years, even though I don't regularly trade on Hotbit but what I like about Hotbit is that it's a good reward for trading new coins or tokens on Hotbit. and for 3 years I use Hotbit have never encountered a problem.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: nurulhmani1280wat on December 30, 2021, 07:42:24 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

Good! Hotbit is a crypto asset trading platform which is widely known and used by many people from all over the world.

Hotbit has had some glitches from hackers, but it's back to normal,
they continue to fix from the errors experienced and they will improve the quality of the exchange which is more secure from hackers.

I know hotbit flatfrom supports very easy token/coin listings, but remember to trade here you have to be careful, as some of them list potentially fraudulent tokens.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Nazmul012 on January 03, 2022, 10:05:30 PM
If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Maslate on January 03, 2022, 10:11:49 PM
If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade
Lack of reputation maybe but lack of volume, I think they have enough volume based on the report per CMC.
That's almost $200 million daily trading volume.

https://coinmarketcap.com/exchanges/hotbit/

If that's real volume then they have high liquidity.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Slow death on January 03, 2022, 10:13:26 PM
It's very strange that the OP creates an account to ask this question and disappears without posting any more.

Name: nicepotato10431
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: October 25, 2021, 03:20:26 AM
Last Active: November 18, 2021, 02:29:35 AM

it looks like he was paid by this exchange to come create a thread

If it is about trade with little fund, i can say, that will be safe on hotbit exchange.

I stopped using this exchange


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mafoja1 on January 04, 2022, 06:02:12 AM
deletd


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Farma on January 04, 2022, 08:34:44 AM
If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade
well, looks like we can't demand so much from an exchange. when we have a problem, we can't judge it as a scam exchange, or a problematic exchange.
yeah, i agree with you. I also made several transactions there and did not get any problems. well, maybe sometimes the withdrawal takes quite a long time. however, it is still within reasonable limits. some people find problems with hotbit, and maybe it's a bad thing when hotbit doesn't solve it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Kodok Bencot on January 04, 2022, 10:06:07 AM
Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.

Yes that's right, I've also used Hotbit for a long time, after following KYC and enabling all security features, I didn't hesitate to make Hotbit my first choice exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Orange89 on January 04, 2022, 10:52:54 AM
It is surely safe i personally think Hotbit is really underrated Exchange i am using it since 2020 and my Experience is just amazing and the best part i like about Hotbit it is good exchange to buy Meme coin if it's listed i recently buy sHINJA coin from Hotbit and i really shocked the fees is literally 0 whereas in pancakeswap fees is around 1-2$ not only these but the minimum buy 0.5$ i had also buyed many coin from these exchange my last word will be Hotbit will doesn't disappointe You so Must try it once


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: koang on January 04, 2022, 08:10:19 PM
Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.
Exchanges like Binance can be hacked by a very smart Hacker, so Hotbit is not invulnerable, but because the assets in it are not as large and not as numerous as others, so Hackers don't see Hotbit as a ground for them to break into.

Yep, you are right...
CEX has a long history of hacking with amounts stolen in the hundreds of millions of dollars.
So don't save your crypto in CEX  because we don't have guaranteed ownership, use CEX just for trading


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: ringgo96 on January 04, 2022, 11:57:41 PM
For now the hotbit exchange is very safe for us to use and there have been no problems that hit the exchange, since the first time using the exchange is a little doubtful but until now it turns out that all my assets are still safe, and for now the exchange has been widely used by investors to trade both long and short term, and until now hotbits are very safe from hacking.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Bonenx14 on January 05, 2022, 01:55:58 AM
Yes that's right, I've also used Hotbit for a long time, after following KYC and enabling all security features, I didn't hesitate to make Hotbit my first choice exchange.
Are there no other exchanges for you to make first? because if it's only for KYC and security reasons, there are still many other exchanges, for example like on the Binance exchange, the security is also very strong and the features are super complete if you compare it with others or with Hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: lepbagong on January 05, 2022, 02:16:57 AM
If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade
Totally agree with what you say because I too as a Hotbit user only use a small amount of funds to trade there and mostly I use Hotbit as a coin exchange only after that I left it, so that's all I need to use Hotbit.
all ultimately comes back to us as users, whether we are used to using there (Hotbit) or not, because the habits we have done will lead us to know whether there is good and safe and can be useful for trading. because faithful exchange will have its own advantages and it could be the influence of our habits that make us feel at home in one exchange not because of the advantages that are there.

but there is some truth in what you say that for long trades you doubt it, of course due to having unpleasant experiences and usually other exchanges can also happen but how to solve that is what is sought. so all exchanges certainly have a long history which is also almost the same, it's just a matter of how to solve the problem properly, can hotbit do that? because I'm not a user so I can not recommend.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Ngewex Yuk on January 05, 2022, 03:21:14 AM
Hotbit is a big exchange that is in the top 10, I've been using Hotbit for almost 3 years and haven't had any problems, I've activated all security features including KYC so if there is a problem it's easier to contact the team.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Strongkored on January 05, 2022, 04:27:19 AM
Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.
Are you sure no one is can hacking hotbit? how about this news https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
I used hotbit to sell some of my altcoins before this hack drama happened, it's really hard for an exchange not to get hacked even though they are supported by strong security system and experienced developers there are always loopholes for hackers to target it.
Lucky for hotbit users because hotbit can handle everything well.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Xinarae* on January 05, 2022, 06:57:58 AM
In my opinion, the hotbit platform offers mobile apps this is why these issues occasionally occur on their site but do not last long. There will be no problem in the exchange without sharing your personal information with anyone kyc is not required for registration on this platform so I think it is an advantage. But for the exchange they have to follow the rules of the site.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: cryptoaddictchie on January 05, 2022, 07:23:38 AM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

Not really. Hotbit are known for listing any kind of shitcoin and those who are gonna pay for the listing fee. Sometime even the project isn't worth or doesn't have a publicised team they also list it. As long they completed and settle the listing fee. I'm not gonna get confidence with this kind of tokens for sure they could be scam somehow.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: rozak on January 05, 2022, 07:30:15 AM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
if you don't want to trade on the SCAM exchange. I suggest you just go to the Binance exchange. not without risk, but HOTBIT itself sometimes lists some coins which I think we are not good at (just my opinion).
I sometimes use this exchange, but not to trade and store my assets. just sell then go. like new hype tokens listed there. I love it, take profit then go. that's what I do.
Again, if you are looking for a place to trade, I suggest you go to the Binance exchange. High trading volume can make it easier for you to manage the trading assets you have.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: lenovop-70 on January 09, 2022, 03:10:28 PM
During my experience trading on Hotbit there is no problem at all, as long as you are KYC ed, I think you will get full rights from the exchange according to your portion. The convenient and fast process of entering and exiting assets is one of Hotbit's attractions for me, also the easy-to-see UI makes it easier for me to carry out activities.
So trading on Hotbit is quite safe and good IMHO.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Gudhal Untu on January 09, 2022, 03:29:19 PM
I think Hotbit is a good and trusted exchange, I often use Hotbit for trading coins or tokens that usually don't exist on other exchanges, and as long as I use Hotbit for almost 3 years everything is smooth and no problem.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: abralzain17 on January 10, 2022, 08:03:23 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: gabbie2010 on January 10, 2022, 08:58:10 AM
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Not sure how you can blame an exchange if the projects turned out to be a scam. I mean, sure, they might have some poor due diligence (or maybe none), but at the end of the day, the team of the project is the one who run the scam. As far as I can remember, 'scam exchange' usually refers to shady exchange who manipulates volume, employ shady TOS, etc.

That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.

yes, we have to be careful in using cryptocurrency exchanges. There are several things that we must pay attention to so that we don't make the wrong choice in buying altcoins on exchanges that often have fake coins. We have to compare with other markets for our consideration before buying altcoins.
I agree with you that we should use several exchanges to find information about the coins we are going to buy so that we can avoid fake coins.
I think the OP should thoroughly reviews all the comments by Hotshot exchange users to take a decisive action to avoid falling victim of any scam exchange and if the OP is not convinced enough with those reviews, transfer those tokens to the exchange after listing do KYC if mandatory trade them off and send those coins to other reputable and trusted exchanges, there are few of them, personally I had been using Binance for trading for a long time without any issue, crypto market has many unreliable and untrusted exchanges that fake daily volume traded.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: alpamar99 on January 13, 2022, 02:35:15 PM
I've traded on Hotbit several times and had no problems, I think that withdrawals are faster, which is around 1 hour, and the many contests on Hotbit of course make me come back again to trade on Hotbit.
In terms of withdrawal, it still really depends on what coin you are withdrawing, because some are only 15 minutes into the wallet because each coin has a different confirmation limit in terms of transactions.
this may be true because indeed I also make frequent withdrawals and it really depends on what coin I'm withdrawing.
For example, for BGL coins, it only took me about 10 minutes to make a withdrawal there and each coin has a difference in the duration of the withdrawal.
and I think when you make a withdrawal for a relatively long time, there's either a problem with the withdrawal or it really depends on what coin you're withdrawing.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: ScamViruS on January 13, 2022, 02:37:50 PM
In order to use any exchange, it is very important to gather detailed information about that exchange. Because later on, if you face any big problem due to your own misunderstanding, then you may be deprived of getting maximum support. Hotbit Exchange has been used by many traders and is being reviewed here, so you may understand user experience. But there are some limitations to providing their services worldwide that a trader needs to know.

https://i.ibb.co/3yYfTB7/20220113-203843.jpg


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: trauchot on January 13, 2022, 02:40:52 PM
I have been using Hotbit for a very long time and during this time I have not had any problems with this exchange, and I still use this exchange, but unfortunately Hotbit has now turned into something incomprehensible, because on this exchange there are very cheap token listings and in general liquidity on this exchange is very low, so if you will choose this cryptocurrency exchange for cryptocurrency trading, then it will be a big mistake, since I already think that Hotbit is about on the same level as P2PB2B, and I think Hotbit will fall even lower soon, therefore, I am becoming more and more afraid of using Hotbit, but sometimes I still have to use Hotbit to sell various tokens that are trading only on this exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: K4C on January 13, 2022, 04:09:46 PM
I said about this thing so i simply said that its a very great exchange and next one thing is that many people an this time support and use this wonderful project.
Hotbit is a very secure and safe exchange to anyone want to use this exchange i simple said that its a great project so anyone use .


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: oemar bakrie on January 13, 2022, 04:53:54 PM
I think it's safer with a market where a lot of people make transactions in it like Kucoin or Binance which is currently the benchmark in any project about crypto.
.but for hotbit I have transacted there and there is no control at all even though it takes a little while to transact..
.and my digifinex twice at that time I sold alpacar tokens, but after that the tokens were locked and tried to sell wpp and smoothly there were no problems, so all markets are actually safe depending on which tokens we have in which market so we can sell...


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: kaka manteng on January 13, 2022, 05:36:38 PM
Hotbit is well known for their continuous improvement and improvement, continuous improvement leading to cessation of trading activity and withdrawal of funds can result in serious loss of profits or feel persecuted by the market. I trade a little there, most of the time, I withdraw my funds when I can or not at the right time.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: rmhuntley on January 13, 2022, 06:28:56 PM
Hotbit is the most faster coin withdrawing using BSC network, not use for other network when withdrawing how faster is it. Every day I use usdt bsc for withdrawing on Hotbit just take few second only my withdrawing completed, I use all exchange from Binance, kucoin, MEXC, Lbank but only Hotbis as most faster withdrawing process, Binance take more than 5 minutes and some time need waiting 30 minutes our withdrawing completed but using Hotbit just under one minutes withdraw have completed.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bonyaserg on January 15, 2022, 09:33:41 AM
I have been using the Hotbit exchange for a long time now to exchange and sell tokens. And in my opinion, the exchange is very in demand in the cryptocurrency market. Since the exchange always conducts transactions without any problems without delay. I believe that the exchange can be used and advised to anyone who is looking for a safe sale of tokens.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: rahmad2nd on January 16, 2022, 11:44:58 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets
I think depend with coin do you trade for volume trading in Hotbit because not all coin have good volume trading there, if shit coin or small altcoin have lower volume trading transaction and I think is not worth with trade less volume trading coin. But I applause with withdrawing process in Hotbit as faster exchange using bsc network you can try without one minutes your transaction have completed, beside Binance and Kucoin take five minutes for withdrawing completed and transaction with internal transfer take five minute not with other exchange withdrawing.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: masterrex on January 16, 2022, 01:11:17 PM
IMO, based on my experiences while using Hotbit it is a good and legit cryptocurrency exchange because I was using it many times already deposit and withdrawal is fast, and so far I have not encountered any problem while using it so in fairness to Hotbit Ill give it a neutral score base on my own experience.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Mehedi72 on January 21, 2022, 04:14:53 PM
I also noticed that, so many altcoin are get listed on hotbit! I heard about this exchange before but haven’t saw any bad experience from anyone! I haven’t used hotbit for long but recently i registration on hotbit for selling unknown token, all was okey but i found it has server issue, thats why sometime withdraw option not working and some futures of this exchange, fail to loading properly but Over all okey


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: sayaya17 on January 21, 2022, 10:09:32 PM
I also noticed that, so many altcoin are get listed on hotbit! I heard about this exchange before but haven’t saw any bad experience from anyone! I haven’t used hotbit for long but recently i registration on hotbit for selling unknown token, all was okey but i found it has server issue, thats why sometime withdraw option not working and some futures of this exchange, fail to loading properly but Over all okey
Yeah I have also experienced server problems and that makes there features do not work properly. Maybe there are obstacles to my internet network problems because it only happens for a short time and the problem is quickly resolved. So I think Hotbit is safe as long as I use it as a trading exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Fivestar4everMVP on January 21, 2022, 10:18:45 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I've traded on hotbit alot of times and sincerely, it's a shitty exchange if am asked, one is that there is no liquidity on the exchange, it's one of worst exchange to trade altcoins, alot of fake trades and fake orders by bot.
Not to say that digifinex is nice but I think digifinex is better when compare to hotbit, I can only trade on hotbit exchange if the coin am trading is not listed anywhere else, or if other exchanges trading the coin are worster than hotbit.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: JahriMeayer on January 28, 2022, 07:30:14 PM
It has but the weak point is, recently most of shitcoins choice hotbit for listing & most of those recent listing shitcoins create hype by bot trading and then got disappeared for lack of liquidity & real traders
indeed there are fast deposits / withdrawals But the main thing is not to store cryptocurrencies there, Otherwise, you can be left with nothing.
That's right. their deposits & withdrawals are impressive but hotbit Isn't a good place for store or trading coins cause i notice, they try to survive their coin by bot trading. No order but continuously buy-sell are ongoing.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: laredo7mm on January 28, 2022, 08:04:37 PM
It has but the weak point is, recently most of shitcoins choice hotbit for listing & most of those recent listing shitcoins create hype by bot trading and then got disappeared for lack of liquidity & real traders
indeed there are fast deposits / withdrawals But the main thing is not to store cryptocurrencies there, Otherwise, you can be left with nothing.
That's right. their deposits & withdrawals are impressive but hotbit Isn't a good place for store or trading coins cause i notice, they try to survive their coin by bot trading. No order but continuously buy-sell are ongoing.

There are some other exchanges too that are also promoting shit projects. You check Latoken, Bitforex, Probit, Coinsbit, whitebit, P2PB2B, and some similar exchange then you will see this exchange has extremely low volume and all the top project listed there has a big spread. Those exchanges are not ideal for daily trading and all the shit project listed there shows enormous amounts of volume with a very small buy order.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Iranus on January 28, 2022, 08:19:04 PM
<>
I've traded on hotbit alot of times and sincerely, it's a shitty exchange if am asked, one is that there is no liquidity on the exchange, it's one of worst exchange to trade altcoins, alot of fake trades and fake orders by bot.
Not to say that digifinex is nice but I think digifinex is better when compare to hotbit, I can only trade on hotbit exchange if the coin am trading is not listed anywhere else, or if other exchanges trading the coin are worster than hotbit.

Hotbit is an old exchange, I used it to liquidate some staked tokens. Personally, I don't refer anyone to use Hotbit nor digifinex, both of them are functional but no one knows when it will go sleep.

You could use such types of low-rated exchanges for short terms to sell your Bounties or native tokens, But not use those as your main exchange to do online trade.
Better you could go throw Bitfinex, Binance, Bittrex, Coinbase to do trade.

here you will get top rated exchanges with their daily volume chart: https://coinmarketcap.com/rankings/exchanges/


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: taufik0911 on January 28, 2022, 09:14:57 PM
Hotbit is not a scam exchange but there are lots of shitcoins on Hotbit because at Hotbit we can list tokens easily just by paying a low fee
Hotbit is safe, I only made a few transactions on hotbit for a few coins that haven't been listed on popular exchanges
in my opinion the best exchange for cryptocurrency right now is binance
it's just a recommendation


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Saisher on January 29, 2022, 05:03:38 AM


But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


Don't rely on exchange when it comes to the potential of the coins or tokens, exchanges will delist tokens that are not performing well in the market, it's better to look at every token or coin that you want to trade, Hotbit is a good exchange I have traded a lot of coins and tokens and I have no issue, although in the past their text confirmation always arrives late, they already fix it, based on my last transaction.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Dr.Osh on January 29, 2022, 05:20:04 AM
Hotbit is not a scam exchange but there are lots of shitcoins on Hotbit because at Hotbit we can list tokens easily just by paying a low fee
Hotbit is safe, I only made a few transactions on hotbit for a few coins that haven't been listed on popular exchanges
in my opinion the best exchange for cryptocurrency right now is binance
it's just a recommendation
yes, as far as i use hotbit, i don't get any significant problems there, and i'm pretty sure that it's not an exchange scam. however, quite a lot of FUD.
however, if there are too many doubts to trade there, it is better to choose another place that has greater potential such as Binance, or Kucoin. Well, there are plenty of other really good hotbit options out there. Also, if you're still in doubt, don't keep your assets in there for too long.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Devifajarina on January 29, 2022, 06:29:41 AM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I have traded on this exchange, what I have seen so far is still safe and reliable, even the coins I have have never been lost and the assets are still so safe, but regarding the tokens you ask are safe or not, that is different from the assets we have. have, token listings really depend on the contract agreement they make, meaning that the exchange is a place of trading, while the fraud does not always look at a particular exchange, I think these are two different things.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: lixer on January 29, 2022, 02:29:01 PM

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?
Don't rely on exchange when it comes to the potential of the coins or tokens, exchanges will delist tokens that are not performing well in the market, it's better to look at every token or coin that you want to trade, Hotbit is a good exchange I have traded a lot of coins and tokens and I have no issue, although in the past their text confirmation always arrives late, they already fix it, based on my last transaction.
Why not? I think exchange is one of the basis to know if the coin is good or not because based on my observation almost good projects will take the effort to get listed on top exchanges. Cannot you see that almost new born coins on binance, get successful later on? The poorer the exchange the less stricter they are so I do not think they will easily delist coins that are not performing well. They will prolong it, as long as they are still receiving payments from the coin owner.

Overall, I am not saying that hotbit is one of the bad exchange but hotbit is in fact one the exchanges that are popular and it is better than the exchanges that I have use on the past.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: superman184 on January 29, 2022, 06:16:33 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?


You want to ask about the exchange or about the token? If you believe in the exchange, of course you have to believe in its contents. If you have any doubts about some of the tokens in it, of course you can choose the more popular tokens listed on some of the world's best exchanges. There are many options there, you can choose the best for you. Unless you can't trust the exchange, so you have to leave everything behind.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Renampun on January 29, 2022, 06:23:44 PM
...
...

That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.
agree, make hotbit the 3rd or 4th option...

I haven't used hotbit for a long time but have made transactions there several times. my main {favorite} exchanges are binance, ftx and kucoin, after that hotbit and coinbase.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Devifajarina on January 30, 2022, 07:31:28 AM
...
...

That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.
agree, make hotbit the 3rd or 4th option...

I haven't used hotbit for a long time but have made transactions there several times. my main {favorite} exchanges are binance, ftx and kucoin, after that hotbit and coinbase.
Don't make hotbit the first and second option, because this exchange doesn't look as big as binance, coinbase and others, even though hotbit is still in the safe category and doesn't have too big a risk, hotbit's development has not been as big as the exchange you mentioned, personally I have used hotbit several times, although this exchange is safe and does not affect the value of the assets we have, but at the moment I prefer binance, FTX and Coinbase


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cornia on January 31, 2022, 06:23:38 PM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cornia on February 02, 2022, 05:52:47 PM
There are so many other options now that there's no need to rely on this exchange alone, unless you really have to and there's nowhere else to go, so no need to say that this exchange is the best because there are many better exchange models than just Hotbit right now.
Yeah, you are right. If there are options, there is no need to rely on this exchange. But if a token is only listed in this exchange, then we are forced to use this exchange. Sometimes while making a buy or sell order in this exchange we are forced to make it as a multiply of a round figure such as 100, 1000, 100000 etc. As a result, some tokens may remain unsold.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: stomachgrowls on February 02, 2022, 10:37:24 PM
There are so many other options now that there's no need to rely on this exchange alone, unless you really have to and there's nowhere else to go, so no need to say that this exchange is the best because there are many better exchange models than just Hotbit right now.
Yeah, you are right. If there are options, there is no need to rely on this exchange. But if a token is only listed in this exchange, then we are forced to use this exchange. Sometimes while making a buy or sell order in this exchange we are forced to make it as a multiply of a round figure such as 100, 1000, 100000 etc. As a result, some tokens may remain unsold.
Actually a hard situation on which you do need to make on point decision whether you do sell those tokens or not and there are several factors which you do have
pending orders.

1. Volume
2. Typo error on those digits
3. Liquidity

You wouldnt be having any choice but to stick out or sell out on current market price which would be the most
common action you would make. About hotbit reputation then this is where things we should make out some research first
before making such action.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Chato1977 on February 03, 2022, 04:52:55 AM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.
You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Devifajarina on February 04, 2022, 05:21:39 AM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.
You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .
I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Taskford on February 04, 2022, 12:43:24 PM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.
You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .
I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.

Sometimes our personal decision towards how we do our trades what makes us lose our money, but their are certain factors that the exchange reputation play a role here since if the exchange is not reputable and do scamming then this is totally a bad decision to us if we keep depositing our money and continuously trades at them. But in the case of hotbit I didn't encounter any issue at them but I'm not regular trader on that exchange but traders should take extra precaution at them since I also heard about issue on that platform.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: martyMC on February 05, 2022, 07:21:42 AM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.
You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .
Where could we check precisely please? Could you paste some links about those bad ratings please? Because unfortunately it's one of the last one that doesn't ask for KYC


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: harizen on February 05, 2022, 07:59:46 AM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

I doubt that was a fake but rather the volume of that coin is just low. It's usual to happen in some low-volume coins but it doesn't mean it's because of the exchange alone. As far as general personal reviews are concerned, there are good and bad experiences using the platform. It now depends on the new user how they will apply the word "safe" here in this exchange.

Since Hotbit doesn't require or mandate KYC, it's one of the reasons why other users preferred using these exchanges instead of those big and popular ones.



Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Devifajarina on February 07, 2022, 06:13:10 AM
My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.
You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .
I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.

Sometimes our personal decision towards how we do our trades what makes us lose our money, but their are certain factors that the exchange reputation play a role here since if the exchange is not reputable and do scamming then this is totally a bad decision to us if we keep depositing our money and continuously trades at them. But in the case of hotbit I didn't encounter any issue at them but I'm not regular trader on that exchange but traders should take extra precaution at them since I also heard about issue on that platform.
the reputation can also be affected by negative issues, usually these are created still in destroying any exchange, although sometimes the issue is not run simultaneously by many people, regarding hotbit I totally agree with what you say, because personally I have also done exchanges on this exchange, but can't find what people say about their negative side, maybe in future development they have experienced the negative issue, but I no longer use the exchange for a few months, so don't know anymore how it is.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: mafoja1 on April 19, 2022, 01:32:30 AM
Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cadaver20 on April 19, 2022, 04:49:53 AM
I think Hotbit is a trustworthy crypto exchange. I occasionally sell tokens here. I haven't had any problems so far. You can trust this crypto exchange. You can deposit and trade here without any fear and hesitation.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Dervish doff on April 20, 2022, 10:36:42 PM
since I used the hotbit exchange, I'm still safe, even from the past, since 2018 until now, a lot of my assets are stored on the exchange from I read this discussion, I reopened my hotbit account, and I see as usual, it's still safe  assets in the form of BNB, hotbit has strong security, it also depends on us, in saving our accounts, not sharing accounts with others, for deposit and WD is very easy, hopefully it is always safe with hotbit exchange, don't hesitate and worry


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Leo on April 21, 2022, 10:09:32 AM
Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.
who told you that there is no hack in hotbit exchange, they were hacked late last year, their upgrading is just too much almost frequently, lots of fake pump, to me it's more or less like a pump and dump heaven, I can't recommend the exchange for a newbie, lots of sketchy things going on there


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Lantind on April 21, 2022, 11:54:51 PM
who told you that there is no hack in hotbit exchange, they were hacked late last year, their upgrading is just too much almost frequently, lots of fake pump, to me it's more or less like a pump and dump heaven, I can't recommend the exchange for a newbie, lots of sketchy things going on there
For beginners in the crypto space, it's really not recommended to use Hotbit because there are many better exchange options than Hotbit at the moment so hacking and other vague things can also be an absolute consideration for anyone at this time.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Cryptomiles1 on May 12, 2022, 08:47:46 AM
All users has their experience on every single exchange most especially Hotbit. You need to read their terms and conditions, withdrawal fees etc. I had little challenge with them back then with 2FA and which was very hard for me to handle though I moved my usdt and traded with a newly listed token over there, after buy token with higher price not up to 48 hrs the token I bought very high turns to zero (0) and I lost my funds.
So from my little investigation they mostly involved in pumping/dumping of token, you have to be very careful when operating with such tier exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Lantind on May 13, 2022, 10:09:51 AM
All users has their experience on every single exchange most especially Hotbit. You need to read their terms and conditions, withdrawal fees etc. I had little challenge with them back then with 2FA and which was very hard for me to handle though I moved my usdt and traded with a newly listed token over there, after buy token with higher price not up to 48 hrs the token I bought very high turns to zero (0) and I lost my funds.
So from my little investigation they mostly involved in pumping/dumping of token, you have to be very careful when operating with such tier exchange.
That's why I never buy new tokens listed on Hotbit except only use the exchange to sell the tokens I got from the bounty campaign because sometimes the tokens from the campaign are only listed on Hotbit and not anywhere else. And if for example it is on another exchange, then I will not immediately use Hotbit if the volume is the same.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: dunfida on May 14, 2022, 08:48:51 PM
There are lots of exchange which we could make use and its been on top and reputable.
Binance and Kucoin.

Hotbit?
https://bitcointalk.org/index.php?topic=5313616.0
https://bitcointalk.org/index.php?topic=5333884.0

Better to change your path and stick with the good ones.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Takyeon on May 27, 2022, 03:42:12 PM
Still better than Azbit and P2PB2B but not good if you are looking for a place to keep trading and selling coins, only use hotbit if the coin or token isn't listed on anywhere else, there is a good small exchange called CoinEX, I tho k it's the best of all smaller exchanges out there.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: Rabi3 on June 06, 2022, 11:34:02 PM
So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

i have used hotbit before and trading was smooth, deposits and withdrawls, same thing, but i once wanted to sell a token that started dumping and i had on the hotbit exchange, and i couldn't sell because the website was under maintenance so i had to wait several hours watching the token i had slowing going down and down and even when they said the maintenance will be done at a specific time, they weren't able to catch up with it they were and hour and a half late to fix it, even though it's not that bad overall but i recommend you find a replacement for it.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: bitterguy28 on June 08, 2022, 09:47:45 AM
Still better than Azbit and P2PB2B but not good if you are looking for a place to keep trading and selling coins, only use hotbit if the coin or token isn't listed on anywhere else, there is a good small exchange called CoinEX, I tho k it's the best of all smaller exchanges out there.
That's the safest mate , because  Hotbit seems to be facing many accusation nowadays and yes only if the coin is listed there? and if it will only be sold on that exchange then get it there but if you can prevent from using this? then best to do it that way.
Hotbit is not that safe exchange anymore comparing to 2016 when I was new in crypto and this is one of the popular exchange.


Title: Re: Hotbit exchange, is it safe and good to trade here?
Post by: UmerIdrees on June 12, 2022, 07:21:32 AM
Still better than Azbit and P2PB2B but not good if you are looking for a place to keep trading and selling coins, only use hotbit if the coin or token isn't listed on anywhere else, there is a good small exchange called CoinEX, I tho k it's the best of all smaller exchanges out there.
That's the safest mate , because  Hotbit seems to be facing many accusation nowadays and yes only if the coin is listed there? and if it will only be sold on that exchange then get it there but if you can prevent from using this? then best to do it that way.
Hotbit is not that safe exchange anymore comparing to 2016 when I was new in crypto and this is one of the popular exchange.

I also do not consider Hotbit a safe exchange. Yes, you can deposit money, buy any low cap coin which is not listed on big exchanges and move the coin/funds out of the exchange. Do not keep your coins and money in hotbit exchange for the long term. The exchange is not a scam at the moment but I stopped trusting the small exchanges after the hack/scam from cryptopia exchange where I lost too much money. :(
We need to remain safe and never trust too much on exchanges.