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Author Topic: Hitbtc is a shit excahnger  (Read 131 times)
The Cryptovator (OP)
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May 13, 2018, 05:33:41 AM
Last edit: May 13, 2018, 07:38:55 AM by Coolcryptovator
 #1

Hitbtc is a shit excahnger I have seen ever. Some of coin/token you can't trade below 100X. Example ( 100,200,300,500,1000). So if you buy 150 coin/token from ICO then you can sale only 100 on hitbtc. Other 50 token will remain their account. Even you want to withdraw your token there will huge fee. Another problem regarding withdrawal, fee is 0.001 BTC. That is higher then other any exchange. For me hitbtc is useless. Specially for new trader don't deposit your token on hitbtc.

So many members claim about it. Some thread is below about bad reputation of hitbtc.
https://bitcointalk.org/index.php?topic=2217068.0
https://bitcointalk.org/index.php?topic=3536138.0
https://bitcointalk.org/index.php?topic=2556342.0

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CryptoWorld87
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May 13, 2018, 05:59:21 AM
 #2

I would realy agree with this openion since HITBTC is realt unfair to a small trader like us. I been trade there before i have 665 coins and i can only trade 660 coins the remaining 5 coins cant sell anymore and it will leave in there wallet until they update and all the coins and tokens that left by a small trader will goes to there team. Imagine if there are 100,000 user left 5 coins each acount that was a realy huge amount goes to them all.

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JoMarrah Iarim Dan
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May 13, 2018, 06:35:34 AM
 #3

Hitbtc is a shit excahnger I have seen ever. Some of coin/token you can't trade below 100X. Example ( 100,200,300,500,1000). So if you buy 150 coin/token from ICO then you can sale only 100 on hitbtc. Other 50 token will remain their account. Even you want to withdraw your token there will huge fee. Another problem regarding withdrawal, fee is 0.001 BTC. That is higher then other any exchange. For me hitbtc is useless. Specially for new trader don't deposit your token on hitbtc.
I also use hitbtc to sell my coins. The first thing that made me disaapoint in this exchanger is that it is only best for maximum of four (4) decimal places. If we place more than 4, for example nine decimals the fifth up to nineth decimal will remain on our hitbtc account and cannot be withdrawn or use anymore.
Yes I also experienced the high fee. I transferred 0.0369BTC once, and the total fee reached 0.01BTC. So sad.

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May 13, 2018, 09:51:25 AM
 #4

yes I also think so, because I am also there. it's strange I have token as much as 787 but that can be used for trading is 700 is not fair i think because 87 tokens are also valuable although small. and frequent false maintenance
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May 13, 2018, 12:23:24 PM
 #5

I have number of tokens there which I can't trade because of the minimum amount of token I have to trade there and can't even withdraw them because of fee.

So basically all of those coin along with other thousands of coin from all users are in hand of hitbtc which they can use for whatever they want to and they even don't have to report those to anyone as they are not registered or conduct audit. Don't know the logic behind those minimum amount rule they have but that sucks....

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May 13, 2018, 02:08:17 PM
 #6

Even if their service weren't completely shit, which is what most people here seem to be saying, the amount of scam accusations should be enough of a red flag for newcomers to stay away. How does it still attract customers? Don't people do their research on exchanges anymore? A quick Google search of "hitbtc legit" shows a boatload of problems that should be more than enough to turn anyone with common sense away. The first result did rate it highly, but it could be a sponsored review.

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May 14, 2018, 10:29:28 AM
 #7

Even if their service weren't completely shit, which is what most people here seem to be saying, the amount of scam accusations should be enough of a red flag for newcomers to stay away. How does it still attract customers? Don't people do their research on exchanges anymore? A quick Google search of "hitbtc legit" shows a boatload of problems that should be more than enough to turn anyone with common sense away. The first result did rate it highly, but it could be a sponsored review.

Actually new people not much experienced. Me too once use it then understand.

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May 14, 2018, 03:42:46 PM
 #8

yes I also think so, because I am also there. it's strange I have token as much as 787 but that can be used for trading is 700 is not fair i think because 87 tokens are also valuable although small. and frequent false maintenance
That's was also in my mind, I have an account on hitBTC and I trade my reward token into their exchange site but I can't put all my token for trading then how could I use the remaining balance?
Hopefully, hitBTC team will take an action on this. But deposit and withdrawal I don't have any problem on that in hitBTC, so far all my transaction was good and went smooth.

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richardsNY
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May 14, 2018, 07:14:21 PM
 #9

How does it still attract customers? Don't people do their research on exchanges anymore? A quick Google search of "hitbtc legit" shows a boatload of problems that should be more than enough to turn anyone with common sense away.

The problem here is that due to stricter regulations and exchanges no longer listing all shitcoins they can find, newbies and other get rich quick minded gamblers don't have many more options to go for. It's either Yobit, Cryptopia, HitBtc, etc -- all utter shitcoin exchanges doing everything these noobies want it to do. It's a case of supply and demand, and with the aforementioned regulations in mind, these exchanges will keep growing like there is no tomorrow. It's a pathetic development, but there isn't much that we can do about it -- people not willing to do basic level research will pay the price for it, and that's the only way for them to learn....
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May 14, 2018, 08:34:07 PM
 #10

Only send numbers like 100, 1000, 5000, 10000, 4500, etc . . . to the exchange, Only buy the same amounts.

Don't send 549 coins to HitBTC, send an even number of coins.

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May 14, 2018, 10:38:10 PM
 #11

That's was also in my mind, I have an account on hitBTC and I trade my reward token into their exchange site but I can't put all my token for trading then how could I use the remaining balance?
Hopefully, hitBTC team will take an action on this. But deposit and withdrawal I don't have any problem on that in hitBTC, so far all my transaction was good and went smooth.
No other options than buying more for your balance to be sufficient in trading or just withdraw all the coins then leave HitBTC for good. Traders are not having a freedom to buy or sell the amount they want in there with that limits. If there are other options, why hesitate to leave?

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May 16, 2018, 02:03:26 PM
 #12

That's was also in my mind, I have an account on hitBTC and I trade my reward token into their exchange site but I can't put all my token for trading then how could I use the remaining balance?
Hopefully, hitBTC team will take an action on this. But deposit and withdrawal I don't have any problem on that in hitBTC, so far all my transaction was good and went smooth.
No other options than buying more for your balance to be sufficient in trading or just withdraw all the coins then leave HitBTC for good. Traders are not having a freedom to buy or sell the amount they want in there with that limits. If there are other options, why hesitate to leave?



You are right, only option to buy more coin and make figure out. Then you can sale your coin. But this is right way to force people for trade? I don't think so.

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stomachgrowls
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May 16, 2018, 11:21:28 PM
 #13

That's was also in my mind, I have an account on hitBTC and I trade my reward token into their exchange site but I can't put all my token for trading then how could I use the remaining balance?
Hopefully, hitBTC team will take an action on this. But deposit and withdrawal I don't have any problem on that in hitBTC, so far all my transaction was good and went smooth.
No other options than buying more for your balance to be sufficient in trading or just withdraw all the coins then leave HitBTC for good. Traders are not having a freedom to buy or sell the amount they want in there with that limits. If there are other options, why hesitate to leave?



You are right, only option to buy more coin and make figure out. Then you can sale your coin. But this is right way to force people for trade? I don't think so.
Reason or not but I don't really on how it works. Anytime I do see tokens left when I do tend to sell out which in results it would really be deducted on the amount you are expecting to have the full sale.There would always be a remaining balance and if you are on a rush then it would end up on leaving those coins behind into that exchange.I don't have any plans to purchase more coins for the sake on saving up those balances.

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May 17, 2018, 06:23:42 AM
 #14

I love how most of these exchanges say the same thing when shit gets messed up but I cannot understand why they do not prepare and have more than enough server space than wait for the limited server space to just burn out.... Huh Roll Eyes
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October 16, 2018, 05:38:03 AM
 #15

HitBTC... all I can say is... lol and I use to think polo was bad.
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