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Author Topic: Hotbit exchange is legit.  (Read 13549 times)
ExFrozze
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April 19, 2019, 12:00:17 PM
 #21

I only trade in Hotbit once, if we see their telegram group and have many members, this market is really a big market, I also checked in the coinmarketcap with a total volume of $ 105,976,228 USD. really a big market
https://coinmarketcap.com/exchanges/hotbit/

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April 19, 2019, 12:02:35 PM
 #22

Hotbit has been an ok exchange for me i have used it to exchange only a few tokens uptill now but at the same time there are a lot of allegations that hotbit shows fake volume and is dominated by bot trading etc if that is the case the regulators should audit them and prevent them to do so. For me it has been a good experience uptill now.

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April 19, 2019, 12:29:05 PM
 #23

Hotbit has been an ok exchange for me i have used it to exchange only a few tokens uptill now but at the same time there are a lot of allegations that hotbit shows fake volume and is dominated by bot trading etc if that is the case the regulators should audit them and prevent them to do so. For me it has been a good experience uptill now.
The volume of counterfeit transactions appears almost at all leading exchanges and this is to help those exchanges get a good position on CMC. According to me, Hotbit is still a reputable exchange because I have never encountered any problems with withdrawals and everything happens very quickly to me. Maybe this is a small exchange, but Hobit-listed projects are always very high pumped in a very long time.






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April 19, 2019, 09:30:51 PM
 #24

This is not news at all
Hotbit exchange is large and listed on coinmarketcap already and has a very large volume too
But be careful and trade the right sats
Wale777
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April 19, 2019, 10:24:35 PM
 #25

My own experience with hotbit is different and I cannot say either hotbit is genuine exchange or not , I experienced it has fake volume for all tokens and even one ICO named bitsdepositary accused it of fake volume and threaten to report to coinmarketcap to delist it
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April 20, 2019, 03:47:27 AM
 #26

I don't have any experience in hotbit.io, but I already visit that site. I see that there are many tokens and altcoin too. But I don't know about the volume, and it's real or not. If the site is new, then I don't think that the site is the best exchange because there are many other exchanges which have the same service as hotbit.

Maybe they need to prove how good their service so people will know and will choose the site to be a good site. Maybe later I will try to trade in that site, and if the site is really good, I think that site could the alternative exchanges for me.

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April 20, 2019, 03:56:04 AM
 #27

I haven't tried using Hotbit but I could see that's it's a legit and trusted exchange because I'm not hearing any negative review about it. Their trading volume is high as well. If they will reach more people and it they will gain the trust of traders and investors, hotbit will be on top as well.

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April 20, 2019, 04:08:02 AM
 #28

As long as the exchange got a large volume per day we xan consider that as one of the great exchange. Hotbit is a good one since traders bids will not be tired of waiting, once you set a bid just a minute it will be fullfil. Thats what good exchange can do

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April 20, 2019, 04:23:04 AM
 #29

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.
What do you mean when you say the the selling price is way above the market price, is it some exchange pump or something I have not traded on Hotbit.io before and I will like to give it a try considering the huge trading volume on the exchange.

but don't forget that you need to complete KYC before you want to withdraw
and if you don't complete KYC and deposit there, your coins will be stuck there
Dr.Sponge
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April 20, 2019, 04:30:03 AM
 #30

Getting more and more coins doesnt make that exchange get more popular, it just make the exchange shits. Be sure to pick the best exchange for you especially binance.
akungagal
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April 20, 2019, 04:34:18 AM
 #31

I haven't tried using Hotbit but I could see that's it's a legit and trusted exchange because I'm not hearing any negative review about it. Their trading volume is high as well. If they will reach more people and it they will gain the trust of traders and investors, hotbit will be on top as well.
it looks like you are right,i also have never read negative reviews about Hotbit. so i think Hotbit is a pretty good deal.

i only use Hotbit once, because most tokens i have are not listed there and when i use Hotbit to trade i think Hotbit is pretty good.

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April 20, 2019, 06:11:32 AM
 #32

As for me, the main problem of Hotbit exchange is very low liquidity. It's hard to sell/buy altcoins and does not affect much on price. But deposit/withdrawal operations executes fast. I've used it only for alts, which can't trade on another more bigger exchanges.
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April 20, 2019, 06:21:03 AM
 #33

As for me, the main problem of Hotbit exchange is very low liquidity. It's hard to sell/buy altcoins and does not affect much on price. But deposit/withdrawal operations executes fast. I've used it only for alts, which can't trade on another more bigger exchanges.

Agree, the exchange is good but daily transaction volume low. But i think they listed many good coin and maybe in near future, many big traders will use hotbit. I have account in hotbit and i think its good

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April 20, 2019, 06:31:05 AM
 #34

I have experience in this exchange, for me Hotbit is good exchange but the volume is too low. For deposit i think hotbit is good and fast.

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April 20, 2019, 06:51:20 AM
 #35

yeah that market exchange quit good for me. being my 2nd favorite after idex for alt coin
also the caps market really good too on hotbit

It is not impossible, I see two things that are similar in quality but the index for bitcoin I think is better because it has been used more and trusted more than the new one  Roll Eyes

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April 20, 2019, 06:59:09 AM
 #36

I only use Hotbit once for an altcoin trade, this exchange platform is user friendly but volume its low.

Quite okay but I think there are still many shortcomings compared to the main one. But I think the foundation is still good compared to the previous ones and still need much improvement  Roll Eyes

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April 20, 2019, 07:24:40 AM
 #37

Hotbit is a good exchange and must be taken into account if there are many good reviews from users, so far I haven't used Hotbit yet, but I will try it if it's comfortable and safe

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April 20, 2019, 08:10:14 AM
 #38

Yeah, HotBit is pretty ok for an exchange, my deposit got stuck for a little while, but when I claim to their support their response was good and quick. However, I found that their exchange platform are not stable, my order got delayed several times.


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April 20, 2019, 05:56:08 PM
 #39

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.
Well, I don’t just jump into using exchanges when I am not having issue with the present one I am into, but I think this one will be worth looking into, for the fact that they have a utility coin, right now, my investment focus is first based on projects with utility coin, then I will check general review of people about the project.

I will look into the exchange for investment and maybe buy some few altcoins, if they have any that is not listed on my favorite Binance, but for trading, I think Binance got all the power and all the facilities I ever need to make my trade a successful one.

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April 20, 2019, 07:31:48 PM
 #40

It seems to me that any exchange as a whole has a very muddy structure, because all this is clearly connected with the very closed possibility of cash withdrawal. You understand that they can manipulate volumes and do it completely unnoticed.
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