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Author Topic: What made you prefer Hitbtc over Binance?  (Read 439 times)
thecryptogandalf (OP)
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March 01, 2021, 04:05:26 PM
Last edit: March 03, 2021, 10:42:53 AM by thecryptogandalf
 #1

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?
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March 01, 2021, 04:21:14 PM
 #2

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.

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March 01, 2021, 04:26:59 PM
 #3

I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt?
I prefer Binance than hitbtc, there were a lot of bad experiences and scam accusations against hitbtc. I don't know where you got the idea why people prefer hitbtc than binance.

What's Hitbtc's advantages compared to Binance?
AFAIK, there's none. Binance has more advantage.

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March 01, 2021, 04:45:43 PM
 #4

More number of people have shared weird experience with Hitbtc. Till date haven't encountered any issue with Hitbtc, but it is quite evident to see lot of scam accusations against Hitbtc. Also we can see lot of fake volumes and bots on certain cryptocurrencies trading. Earlier I used to make use of Hitbtc for its listing of large number of tokens that aren't available with Binance. Now I've moved to Binance and for certain tokens even now Hitbtc is preferred.
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March 01, 2021, 04:53:57 PM
 #5

Just stick on Binance, you're on the right path.

HitBTC is selectively scamming their users and I saw different stories if you visited this board and find their ANN thread you will never see good feedback there against to HitBTC exchange.  It's always stuck and loss withdrawal or locking accounts for no reason.

There are more advantages on Binanance while HitBTC is full of disadvantages which it should be avoided with all cost.

I have an account on both of these exchange platforms, but when HitBTC imposed their KYC verification (IIRC year 2019) I stop using them since as much as I can I will avoid KYC for a good reason.

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March 01, 2021, 05:23:42 PM
 #6

Where binance where, where Hitbtc. People are knowing Hitbtc  nowadays as Shitbtc due to there shady and scamming behaviour. And on the other hand binance is  now a number one crypto exchange in the world without any doubt. So don’t compare Hitbtc with binance as the same format.

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March 01, 2021, 07:22:29 PM
 #7

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?

Should be "What made you prefer Binance over HitBTC?" Smiley

There is no such thing as HitBTC was preferred by the community here over Binance "by the majority". I don't have any bad experience using HitBTC way back years ago but with the growing complaints of most users on this trading platform, it's enough not to continue using the platform and withdraw all my funds there.

You don't need an answer for that. Just continue using Binance.

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March 01, 2021, 10:09:31 PM
 #8

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?
^ Can you tell us how Hitbtc has an advantage here over Binance? I always read a scam story on the Hitbtc exchange, frozen their fund by the Hitbtc, and many more, did you think that will make them have an advantage? In real life, you are comparing such gold (Binance) over Bronze (Hitbtc), and most traders know that Binance is far, far better than the exchange you have said that has an advantage. Nevertheless, just stay on the Binance and keep your portfolio growing there, you are safe as of now.
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March 01, 2021, 10:35:03 PM
 #9

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?

Why on earth would any one rate hitbtc over binance lol, its a joke mate; ensure not to be deceived. Hitbtc is only in the leagues of exchanges like latoken; not binance; Hitbtc has outrageous trade condition, over charged withdrawal charges; unnecessary trading rules and bots. have you read anywhere that tokens list on hitbtc to boost their product marketing ? Binance remains a top exchange

Maybe, he is hearing some promos or rewards from shillers. But there's no way I will trust my coins to hitbtc. With several allegations thrown to this exchange, why would someone trust this exchange? Binance is very far from this exchange. Their reputation is so much better and your coins are pretty much secure in BNB.
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March 01, 2021, 11:17:20 PM
 #10

I am using binance for a while but I am hearing hitbtc quite often lately.

I don't know if this is some weird type of promotion or just trolling? Wink

I was wondering what Hitbtc have that binance doesnt?

That's easy. Here you go:
Reporting HiTBTC and Bequant to authorities for their scams and frauds
HitBTC Scam
I need help with my problem HitBtc my ticket 603788
Help me Hitbtc
HitBTC.com Scam Report
I need help with a class action against HitBTC
HitBTC.com is big scam
hitbtc scam 2.6btc! ALERT!!!
[SCAM] HitBTC - 3300$
HitBTC scam!

And that's just the tip of the iceberg.

Just stick to the Binance and you'll be fine.

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March 01, 2021, 11:37:41 PM
 #11

From the data, you may see the comparison below in the links:
https://www.bestbitcoinexchange.net/vs/binance.com+hitbtc.com
https://www.g2.com/compare/binance-vs-hitbtc

From the rank, you can check both Binance and HitBTC in COinmarketCap or other trackers:
https://coinmarketcap.com/rankings/exchanges/
Binance is the top number 1 exchange
while HitBTC is in rank 50.
There is a very high difference between Binance and HitBTC seen from:
24 hours volume, average liquidity, and others.

I personally really choose Binance as my first exchange for trading and others.
Moreover, you can do many promotions and also other programs held by Binance.
This is reputable, trusted, and also has much better ratings and pros than HitBTC.

if you have coins listed in Binance, better to use this exchange than HitBTC.

R


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March 01, 2021, 11:43:18 PM
 #12

I am using binance for a while but I am hearing hitbtc quite often lately.

I don't know if this is some weird type of promotion or just trolling? Wink

I was wondering what Hitbtc have that binance doesnt?

That's easy. Here you go:

---

And that's just the tip of the iceberg.

Just stick to the Binance and you'll be fine.

Im actually able to say the same thing but since you had mentioned it out then it is indeed just tip of the iceberg and there are still lots of issues known and still unresolved
on that exchange Hitbtc. I dont know on how he considered on making up such comparison between the two in talking with Binance which is clear as day on which one is
really better and compared also into known issues which Binance does have less or have some smooth experience most of the time, although there are some issues but
not really as severe on what you can see with BTC.It is just right to say that if you dont like to experience headaches or saving your ass over problems
then better stick with Binance.

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March 01, 2021, 11:52:43 PM
 #13

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?

Where did you hear that false information? Hitbtc isn't in the same tier as Binance.

Even without scam accusations or anything negative reviews to Hitbtc, Binance is more user-friendly. There is no top-tier exchange at the moment wherein you can withdraw at least 2BTC per day. Binance Chain also becomes a good alternative due to high fees on other blockchain networks. Investors also can also use Binance's own coin, BNB for staking to new projects. And there are many more that I don't think I should post. You know this already as you are a Binance user.
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March 02, 2021, 03:38:49 AM
 #14

Even without scam accusations or anything negative reviews to Hitbtc, Binance is more user-friendly. There is no top-tier exchange at the moment wherein you can withdraw at least 2BTC per day. Binance Chain also becomes a good alternative due to high fees on other blockchain networks. Investors also can also use Binance's own coin, BNB for staking to new projects. And there are many more that I don't think I should post. You know this already as you are a Binance user.
Binance has bigger exchange volume, more trading pairs, more promotions, and more airdrop events for their customers and community.

Binance has a very active CEO, CZ, who is very actively responsive on Twitter with updates for products, technical problems and some opinion tweets on the market conditions. Recently, they created and built up their Binance Smart Chain that is another tool to secure their position in crypto market. It even can help them to make their position becomes bigger.

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March 02, 2021, 05:51:13 AM
 #15

You've heard about hitbtc then most probably youve also heard about their "not-so-good" services. Reading previous complaints about slow withdrawal transactions about them.

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.
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March 02, 2021, 07:14:36 AM
 #16

I am leaving Hitbtc a long time ago, although I still have some small balance on that exchange because I prefer to trade on Binance. With so many coins at Binance, you can select any coins that can profitable for you, and you don't have to verify your account to trade and withdraw your profit. It seems Hitbtc is not making an update, but I don't know because I don't use HitBtc anymore.

I wonder why you want to know what HitBtc advantages as we have Binance that still be one of the top exchange that we can use for trading?
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March 03, 2021, 06:46:53 AM
 #17

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.
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March 03, 2021, 09:05:53 AM
 #18

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.

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March 03, 2021, 10:24:22 AM
 #19

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?
From wherever you hear about HitBtc either they are paid groups who want to promote the exchanges or just new traders. I have heard several instances where they scammed the user behind their KYC trap.

You SHOULD NEVER use Hitbtc if you are planning to and check this for more details - https://bitcointalk.org/index.php?action=trust;u=194708

They are selective scammers and since you are already using an exchange as reputed as Binance, you shouldn't change it at all. I have used them in past and didn't got scammed (hitbtc) but from what I am hearing now, certainly they have started scamming some users.

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March 03, 2021, 10:44:57 AM
 #20

No offense to the OP but it's really a dumb question to ask. Hitbtc is nowhere near to compare Binance. Even a basic comparison of their volume will show you how dumb it is to compare them.
Hitbtc's volume is just 2.5+ Billion Dollars where as Binance's volume is more than 63.5 Billion Dollars. The Binance coin or BNB's total volume is more than 6 Billion dollars now. So there is no way anyone can prefer Hitbtc over Binance.
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