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Author Topic: Hotbit exchange is legit.  (Read 13509 times)
MakeMoneyBtc
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April 21, 2019, 09:16:00 PM
 #81

For now it looks like Hotbit exchange is legit and their volume is growing every day because they are new and they are offering new coins and also have bonuses when you buy them. Let's see if they will continue like this because we've seen this kind of websites before that have started well but unfortunately end up either being scam or declaring bankruptcy
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April 22, 2019, 07:09:39 AM
 #82

My experience on hotbit isn't that good.
Cause hotbit website isn't easy friendly for me and the fee surprisingly higher than another exchanges.
Same case with yobit with their fee policy.
I won't use hotbit for usual trade except if token only list there (still better than ether or fork delta definitely)
That last statement can be the sort of reason why unknowledgeable traders will use this exchange, after receiving bounty rewards, hunters will find exchange that will allow them to trade and here it is, Hotbit caters lots of new coins and if you are one of those lucky hunters you'll be able to find the
tokens being traded inside, instead of waiting for much longer time inside fork or etherdelta, you can liquidate the coins without waiting the only thing is you need to pay much higher fee when withdrawing.

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FaucetKING
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April 22, 2019, 07:16:16 AM
 #83

These are just fondamental instructions that every trader should know even before investing.. We keep hearing about desasters in exchangers and people's selling their fortune for some pennies.
Always be awake.. Never do these issues. Hotbit is trusted enough everybody knows that.
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April 22, 2019, 07:20:44 AM
 #84

It is legit.

I never deleted it in my browser. I keep on looking at that exchange for I FXP which is listed with them
I see price fluctuates with just normal fluctuations unlike others which is being played by traders with a lot of low orders to keep the price go up.

I do think they are monitoring everything to prevent those kind of manipulation.

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April 22, 2019, 07:26:43 AM
 #85

I had the experience of trading on Hotbit! The exchange is quite suitable. I have never had any problems with it! Withdrawing and depositing funds in the normal mode. Supports many currency pairs and constantly adds new ones. It also holds many contests where you can win different tokens.
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April 22, 2019, 07:29:12 AM
 #86

I always liked this cryptocurrency exchange because there is a good and interesting design for trading, there is also a quick deposit and withdraw of any cryptocurrency and the most important thing when any company listing their token there, these tokens immediately not fall in price.
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April 22, 2019, 07:29:44 AM
 #87

Hotbit.io is a great exchange for trading alts. They got new coins listed all the time. Just becarefull selling because the sell price is way above market prices. Even the exchange coin htb is goin to sky rocket. People will be trading this platform. It's so easy.

so now hotbit have an exchange coin caled HTB, thats nice,
personally, just know about this from you,,
because i never use the service from this exchange platform,, maybe i will try to use this exchange soon mate



I often use this hotbit exchange to trade and so far it has been satisfying there has never been a problem, hotbit is a large exchange of yobit or binance class, every day hotbit has a very high volume of 100 million dollars.

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April 22, 2019, 07:45:09 AM
 #88

There are no real traders in Hotbit I think. Only bot trading and some bounty hunter there to sell the bounty tokens. Hotbit exchange is another fake volume exchange and it has many bad reviews already! I remember, a couple of months ago, the Bitdepository team made a clear statement against Hotbit and they asked Coinmarketcap to delist this shady exchange! I respect your words that it is legit, but sorry to say, I have lots of good options than Hotbit exchange! 

Almost all exchanges are being swarm by bot.  Though I have my personal experience in Hotbit and have no issue with them yet.  If you will ask me I'll give them a 5 star for the service so far but yet that is just me.  Different users have different use experience so I tried to look at the net of the possible complaints about the hotbit and i found these:

https://bitcointalk.org/index.php?topic=5113530.0 (related to wash trading)
https://www.reddit.com/r/holochain/comments/8hog3t/hotbit_exchange_safe/ (you can see different users view here)
https://www.reddit.com/r/CryptoCurrency/comments/agnhh5/proof_that_hotbit_is_a_scam_exchange_completely/ (wash trading issue)

There are several negative threads and article about hotbit, all with regards to fake volume and I have not seen any single case about users account being freezed or locked to steal their money. 

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April 25, 2019, 11:23:28 AM
 #89

Recently I learned about Hotbit.io and I think this is a great exchange. I hope that their coin will grow in value and the exchange will improve.

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April 29, 2019, 07:12:11 PM
 #90

Hotbit is a digital assets exchange, which offers spot trading trading in Bitcoin, Ethereum, and ERC20 tokens, including some rather interesting ones, on an advanced web trading platform. While its fees are rather competitive, the website of the exchange provides no information about the company that owns it, which is our major concern with Hotbit. It appears to be a Chinese project that is not suitable for beginners, as fiat currencies are not supported.
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April 29, 2019, 07:14:48 PM
 #91

I have used HotBit but I don't like response time of support team. Maybe other users have a good experience there but I can't say the same thing.
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April 29, 2019, 07:35:15 PM
 #92

I personally used this exchange for trading and I quite satisfied with the service of this exchange. Volume is quite good and support also fine. Transactions also instantly happen.

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April 29, 2019, 07:58:15 PM
 #93

I sold a coin on the exchange some months back and I see that hotbit is still a good exchange when compared to exchanges that are known for their 90% fake trading volume. Hotbit team just need to work very hard so that they can compete with the top notch crypto exchanges like binance, huobi and okex.

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April 29, 2019, 08:00:15 PM
 #94

Hotbit.io is a great exchange for trading alts. They got new coins listed all the time. Just becarefull selling because the sell price is way above market prices. Even the exchange coin htb is goin to sky rocket. People will be trading this platform. It's so easy.
Nothing from those presented above helped me to conclude why this exchange is legit, could you help me with some additional info? Perhaps something regarding national financial regulations?
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April 29, 2019, 08:02:45 PM
 #95

Hotbit.io is a great exchange for trading alts. They got new coins listed all the time. Just becarefull selling because the sell price is way above market prices. Even the exchange coin htb is goin to sky rocket. People will be trading this platform. It's so easy.
I have sell some coins there before and it was really good.  I think it is one of the best exchange platforms if you really want to trade altcoins.  However,  I think there still need to do alot in terms of customers services and page loading.  If we really want to makes some good trade in altcoins i think there have good price.
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April 29, 2019, 08:10:11 PM
 #96

Hotbit Exchange also makes their own coins, this usually happens when Exchange gets popular, because they want to have their own Bitcoin. In general, from the interface to the transaction volume it is quite good, but I don't often use HTB currency pairs because I don't really know that coin.
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April 29, 2019, 08:16:32 PM
 #97

For trading the small marketcap altcoins HotBit is great  exchange, otherwise, I favour other exchanges for trading the crypto to fiat and vice versa.   
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April 29, 2019, 08:22:37 PM
 #98

Personally I see them as legit but the only poblem they have is this their fake volume which they do with bot. But it always pay me when I withdraw.
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April 29, 2019, 08:23:39 PM
 #99

Yeah Hotbit exchange is legit just that they have lots of shitcoins in their exchange,  I pretty like the volume of the exchange though they also have some undervvalue gem listed on their exchange

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April 29, 2019, 08:37:53 PM
 #100

Hotbit overtime has been successful in it's dealings with customers. If has exchange has not had any incidence of scam, then i think there is almost nothing wrong with it.
I am a user of Hotbit. Apart from the bots that trade on the exchange, i enjoy my trading activities on it.
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