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Dave1
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March 03, 2021, 10:55:01 AM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
The only reason why I think people or at least old school traders prefer HitBTC is because it was founded early on 2013, years before Binance was born. I will admit that I have been using HitBTC since 2018, no problem whatsoever, but with so many accusations, it's better to move to Binance and that's what I have been using since 2018. And then Binance takes over the exchange business becoming one of the biggest. So it's pretty obvious that traders prefer Binance over HitBTC. Maybe there are shitcoins that is listed on HitBTC that's why there are still traders on that exchange, but if you wanted to have a good experience and not worry that you are going to be scam, then you should shift to Binance. |
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XZERO1
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Activity: 504
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March 03, 2021, 12:28:03 PM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
To me this post looks like a subtle way of shilling that terrible exchange... HitBTC has a great history of refusing withdrawals and ask for KYC or unnecessary documents from their users anytime they want without any proper excuse and for made up reasons, just search for "HitBTC scam" on google to fully understand the gravity of the situation here, searching for the word "HitBTC" in the forum also should give you the answer. I believe if your balance is small they let you trade and withdraw just fine but the moment your balance goes higher than a certain limit they start coming up with made up reasons that they found some suspicious activity on your account and start asking for documents and such. |
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ivankoh
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Sugars.zone | DatingFi - Earn for Posting
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March 03, 2021, 03:18:21 PM
Last edit: March 03, 2021, 03:29:00 PM by ivankoh |
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Where have you heard that? The two exchanges are incomparable. Hitbtc is known to be a scam exchange and you shouldn't use it. Just stick to Binance.
Yup, There are no advantages of HitBTC over binance except for a slightly more intuitive and user-friendly interface based on my reviews. Binance has been elaborating on this over the years. transaction fees of hitbtc are higher. and dozens of lawsuits and poor feedback in customer service. it would be a mistake to choose hitbtc instead of binance. |
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michellee
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March 03, 2021, 04:07:44 PM |
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Binance has everything compare to HitBTC, and we can not compare it between both exchanges. I do not know the advantages of HitBTC, but I already use Binance to trade and investment, so I do not think that I need HitBTC. I heard about the fees for withdrawal that is so high, but I do not know the truth. I suggest you use Binance instead use HitBTC because Binance is good for any trader, even for the new traders.
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target
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March 03, 2021, 04:16:28 PM |
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Binance is a lot preferred by users here than hitBTC.
Despite the number of scam accusations to HitBTC though there are just users still using it and there still enough volume to the exchange. Maybe because the users there has chatbox where they can signal each other which coin is about to pump just like the yobit trollbox.
Bounty hunters find themselves on other exchanges like they don't have a choice because sometimes the token they have are only listed to some exchange like HitBTC.
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Oshosondy
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Gamble responsibly
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March 03, 2021, 05:19:56 PM |
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I have used the two before, my first exchange was hitbtc because I was conscious about hack, I heard the exchange has never being hacked before, but the exchange have many disadvantage, the first is the high withdrawal fee, even high for altcoins. Later I opened binance, I was surprised to see altcoin withdrawal fee to be significantly low compared to hitbtc, also bitcoin withdrawal fee was lower. Also the trading fee on hitbtc is 0.25% for takers aside having being verified which can reduce it but on binance the trading fee is 0.1%
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Rana590
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March 03, 2021, 06:01:22 PM |
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I prefer binance than hitbtc. I'm already facing a problem in hitbtc platform. Someone hacked my account and after changing my password, hacker gets all the details again and able to login. On the other hand, binance has a good security and fees is also low.
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Rehan Zakir
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March 03, 2021, 06:04:02 PM |
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Hitbtc is a small exchange when we compared with binance exchange. Binance is the world biggest crypto exchange. And it is very reliable and efficient that's why users trust on it. Hitbtc is a good exchange when we compared with the other small exchange.
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sana54210
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March 03, 2021, 06:24:30 PM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
I can't speak on behalf of hitbtc because I am not using it and I haven't stopped using Binance neither because for spot trading I am still using that. However I can tell you why I have stopped using Binance as much as I used to, which could maaaaybe give some help, maybe not since the end result will be different. I have started using uniswap for a while but the fee got high so now I am using pancakeswap so I can say that I have moved away from Binance because thats centralized and I didn't want one company to control all my money and that is why these decentralized places were better options for me and I would always own my money. Hitbtc is another centralized exchange so the reason why I am not using Binance as much as I used to can't be applied to using Hitbtc but at least it would be a proof that some people want to get away from it. |
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cyriljundos
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Bitfresh - iGaming with 90s UI
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March 04, 2021, 06:40:50 AM |
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for me i would suggest you to trade in binance, binance exchange are most popular and more secure than hitbtc, many traders are using binance because of good platform and safe to trade . it is also user friendly and easy to use. but it depends on you thats my personal opinion.
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traderethereum
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March 04, 2021, 09:49:55 AM |
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for me i would suggest you to trade in binance, binance exchange are most popular and more secure than hitbtc, many traders are using binance because of good platform and safe to trade . it is also user friendly and easy to use. but it depends on you thats my personal opinion.
Binance will be the best exchange compare to HitBTC, and we know that Binance has more benefits than HitBTC. I still use Binance and do not use HitBTC to get a chance to make a profit than in HitBTC. Many of us recommend the new people to use Binance than the other exchange, and it is strange if they say that they are not satisfied with their time in Binance because Binance still the best exchange. I think @OP needs to compare by himself about using Binance or HitBTC to find the best exchange for him because we can not force him if he wants to trade in HitBTC. |
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aria.newman
Jr. Member
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March 04, 2021, 10:15:45 AM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
If you just hearing about Hitbtc then better you read every reply from members here, what they said are enough to describe how hitbtc is and it would be better for you to completely avoid trade on that exchange, trading on Binance is the right choice. I know that there are a lot of stories that people's financial assets were frozen. I don't know why this is happening, but I have no problems with margin trading on Hitbtc. I was inspired by this review of the margin trading opportunities and started trading. Just wait until your account get frozen by them and without solutions. Do you think such a popular cryptocurrency exchange deceives every user? I think that if this were true, then Hitbtc would have closed long ago and stole all the cryptocurrency from users. |
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AakZaki
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zknodes.org
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March 05, 2021, 04:30:20 PM |
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Binance and HitBTC are far from being compared. Why HitBTC, there are still many better exchanges like Huobo for example.
when compared very different. Binance has more of the features and advantages that are needed today. Users are more interested in binance. Binance is currently the most popular exchange.
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shoreno
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March 06, 2021, 12:57:26 AM |
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Where have you heard that? The two exchanges are incomparable. Hitbtc is known to be a scam exchange and you shouldn't use it. Just stick to Binance.
same question i was going to ask . im active in the forum and it was the binance exchange that i mostly heard but no hitbtc that were mentioned . maybe he was reading another crypto site not bitcointalk were he read false information but i know that hitbtc was a legit site before and i even used them once but if i compare it with binance i can say that binance is more better . both are comparable because both are trading exchange although hitbtc is on the classic/older side |
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someone703
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March 08, 2021, 08:29:44 AM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
You should use Binance, I'm not sure, but it is the best cryptocurrency exchange right now. As for Hitbtc I can't believe it because there were so many negative reviews about it, and it's funny you see so many people talking about it. |
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blockman
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March 08, 2021, 09:27:55 AM |
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You should use Binance, I'm not sure, but it is the best cryptocurrency exchange right now. As for Hitbtc I can't believe it because there were so many negative reviews about it, and it's funny you see so many people talking about it.
Many of those reviews that he has seen were from fake reviews. Those that he has "heard", it's rampant on the web when somebody is looking for a review. There are fake reviews that are being made for one service or exchange. |
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FairUser
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March 08, 2021, 10:09:20 AM |
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I am really confused when someone says they prefer to use Hitbtc than Binance. But it's okay that our OP doesn't have much experience with different exchanges, here Hitbtc is really an exchange with lots of fraudulent allegations, you can find it anywhere on gg. And Binance is a reputable exchange that has never been forced to scam users.
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jaberwock
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March 09, 2021, 08:14:41 AM |
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Stick with the crypto exchange that has a good reputation like that of Binance. It also offers many good services unlike with the other platforms. You cant just go on and trust shady structures with bad reputation like hitbtc.
As far as I know they don't offer any kind of relaxation on the trading fees either so why would one ever decide to take risk and use a website which isn't proven let alone having so many scam accusations against them. I even stopped using poloniex long back because binance almost offers everything which I need. They have leverage trading option too which although I don't use much but is a good addition along with futures. Not sure if its possible but having a decentralized exchange with same features as binance would be a dream come true because despite everything binance offers, there is always the issue of identity being known to them. |
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kotajikikox
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★Bitvest.io★ Play Plinko or Invest!
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March 09, 2021, 08:58:52 AM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
if you are a believer of hearsay then for sure all you will have here in crypto is failure. Hitbtc is facing too many scam accusation while Binance does only Few with no concrete proofs. Binance offers staking and even Loans while others has none so is these 2 are comparable ? Lol Focus and stay in Binance for you to be in safer hands , and with many favorable offers for investors/traders like you. |
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Teraboy
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March 09, 2021, 03:51:32 PM |
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
Among hitbtc and binance, I use binance as my first priority because it is user friendly. Low trading fees, good support team, easy to trade, high volume and so many advanced features that I like very much. It's not only you but the majority of people will be chosing binance as their choice consider there are bunch of accusations to the hitbtc and so many people were getting banned from there. i have seen there are lots of people complaining about that on the hitbtc telegram group. That shows how bad the reputation that already got by hitbtc. People will prefer to put their money on binance. |
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