HitBTC lowers its fees

[adzino]

I remember people making shit storm around for HitBTC being a scam. Try googling "HitBTC  scam" or "HitBTC bitcointalk" and you will multiple people reporting them for being a scam. So, they probably lowered their fees to get more people into their exchange and scam a small some unsuspecting amount of people? I have never used HitBTC, so can't say much about them. Or they maybe legit and reduced fee to make them more competitive.

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[VanDeinsberg12]

That means nothing and hitbtc is still scamming us, my 0.3 btc is still getting stuck and my account got frozen. This caused by the decrease of the daily trade volume in hitbtc exchange site itself.
Hitbtc still has another problem just like the exchange site is restricting the trade of coin and only the multuiple of 1k can be trade in the exchange site.

[sulis sudibyo]

lowering fees won't make people who are disappointed with hitbtc in the past will go back to using it. one of them is me. I'm still upset because my withdrawal was delayed a few weeks just because I logged in with a different IP. a strange reason because I log in using a smartphone and don't have a fixed ip address.

from then on I swear I will not use this exchange.

[target]

Despite the reports of scams with this exchange, its volume is still that huge compare to the reputable exchanges we've knew. On the list of top exchanges, HitBTC is on the 28th. It beat bitfinex and bitmax. Lowering their fees and adding new tokens in the market I think will help them gain more users.

[bigcash2011]

I was active on that exchange like 1 to 2 years ago and i never faced any issue the only thing that bothered me was the withdrawal fee which they seem to have lowered now so i might try this exchange again as i still have some coins there that were trapped due to high fee.

[Jonyshake71]

When i was newbie, i like to trade in HitBtc exchanges as because it is very easy to use. I thought HitBtc exchanges is one of the best safe & secure exchanges for trading. In addision, they allow to withdraw my small fund without nid verification. But after know about negative report, i start to avoid trading in HitBtc exchange

[anjho.ace]

I've been using HITBTC exchange for a long time and it isreally cool for me.
Then one day i can't access it anymore until today.
What is the new link for the exchange? coz the old one seems not working still!

[kramchers]

I've been using HITBTC exchange for a long time and it isreally cool for me.
Then one day i can't access it anymore until today.
What is the new link for the exchange? coz the old one seems not working still!

it works for me. they just added some security measures.
https://hitbtc.com
you just need to visit that link and you can access the trading.

I have some atlant there and this is the first day i will take a look of it.

[Denongels]

i did see a lot of reports on the internet about hitbtc, but I still tried to use it because of the advantages of the low fee before and also hitbtc has ico token offers that are still quite a lot, then I tried to trade mtix tokens there with a very small amount and there was no problem in my opinion there good if you want to try only for small transactions under 100 $ because it is still safe if large may be problematic.

[Lanatsa]

Scam exchange.

Too many scam reports on reddit. They mostly do selective scamming. Stay away.

Lowering their fees isn't enough for me to be convinced on using up their platform.They should somehow solved up their pending issues and I might look back later on

but for now I will still skip this one even they given out the lowest possible fee out there compared to competitors but I would willing to spend more on other good exchangers than this one to avoid headaches.

[aemma]

I took a break from this exchange owing to a bitter experience. Nevertheless, with them reducing fees shows that the competition among exchanges is getting tough and only the strong will win. Also, I don't think reducing fees is enough they will have to do better than that.

[ololajulo]

I cant believe it could take them this long to reduce the high transfer fee when almost everyone had fled, however, their seem not to be decline in the trade volume. They will still need to control the wash trade on the exchange, it could be annoying to set order at the market price and never get it filled in days.

[Kemarit]

It's too late though, I guess they have to do something because other exchanges have been on the rise and they are sill lagging behind. So they have to do something and offer lower fees but I doubt that it will bring more traders on their platform though. Was I previous customers, support is not that good plus the trading fees are so high. So this is just a marketing stunt, but not sure if it could sway new customers, they have been exposed specially in 2017 and newbie investors are going to exchanges like Binance or Coinbase.

[rosezionjohn]

I stopped using hitbtc a long time ago when they started charging unreasonable fees.

Now that they no longer have the same popularity (and number of users) as before, they've finally come to their senses and reduce their fees. They should have done that a long time ago.

[Darker45]

If this is real, then they must have felt the competition getting serious. HitBTC has one of the highest fees in the market. And it is perhaps one of the topmost reasons why a lot of traders are avoiding their exchange. On top of various other complaints, of course. And so addressing the high fees is just one step on the ladder. They will have to address a few more such as frozen accounts.

They must have realized that the crypto market is not the same as before. Right now, traders have already more than enough options. The influx of new exchanges could be a serious threat to HitBTC. I hope this will further improve the services offered by HitBTC.

[davis196]

I've sold a small amount Viberate tokens and some ETH on HitBTC 3 years ago.Had no problem at all,but I'm pretty sure that if I tried to sell big amounts,they would probably scam me.
HitBTC was helpful for me in the past,just because there were some ICO tokens listed there,that weren't listed on any other marketplace.However,ICO tokens are a reg flag too.If it's easy to list some shitty ICO token on a crypto exchange,that exchange most likely isn't that legit.
I don't care about trading fees that much.

[darklus123]

Separating small fees is actually a good marketing for them it may sounds like they are having the lowest fees and looking it like it seems that they have the lowest trading fee, might at least somehow people will still consider  coming into their platform despite of having a bad reviews because of the scam accusations. They are not honest and reliable at all you can see more of the sentiments from this thread.

https://www.reddit.com/r/hitbtc/comments/ajeloh/anyone_else_never_have_a_problem_with_hitbtc/


I would rather stay on the .10 trading fee, a .03 difference isn't that big at all.

I've sold a small amount Viberate tokens and some ETH on HitBTC 3 years ago.Had no problem at all,but I'm pretty sure that if I tried to sell big amounts,they would probably scam me.
HitBTC was helpful for me in the past,just because there were some ICO tokens listed there,that weren't listed on any other marketplace.However,ICO tokens are a reg flag too.If it's easy to list some shitty ICO token on a crypto exchange,that exchange most likely isn't that legit.
I don't care about trading fees that much.

Actually ICOs can be a very good tool for a fake business. Fake business can easily run a fake coin.

[mindrust]

Scam exchange.

Too many scam reports on reddit. They mostly do selective scamming. Stay away.

I do not know if it is a real scam, but my ICON and IOTA coins are being held on this exchange because they don´t have working withdrawals for about 2-3 months.  

That's exactly how they scam people.

I don't know anything about ICON but I am pretty sure the IOTA network works just fine. Then there isn't a valid excuse for disabling IOTA withdrawals.

Most people say HitBTC is insolvent. Might be a insider thief, might be they got hacked, might be they just want to do selective scams.

One thing is for sure, something is seriously fucked up with this exchange.

[michellee]

I don't have a problem with them but I don't trade in their site for a long time ago. I remember that I still have some altcoin and token in that exchange but I forgot what it is. If they really lowering the fee, then I think that it's good for traders who actively trading in their site because they can get more profit. But for me, I don't think too much about the fee because if I can get the profit, it is enough for me.

[erikalui]

Only trading fee not all fees. They still have ridiculous withdrawal fee for bitcoins and altcoins. Some of the altcoins have a fee more than the amount of altcoins I hold and same for BTC where they have 0.0015 withdrawal fee. Will never use this exchange unless the coin is not listed on any other exchange except hitbtc.