Hotbit exchange, is it safe and good to trade here?

[mdzahed134]

As long as I use a Hotbit account to trade so far it is still very safe and I need to know that with so many tokens with new projects coming to the exchange, we have to be more careful in choosing tokens in the market because the trading volume of these tokens is so small that if we buy it very risky.
But if we make transactions with good tokens it seems safe enough to make transactions there.

Because it’s listing fee provably not quite high. So that new projects will target this CEX and it’s don’t take long time to trade a new coin. It could be safe when you will not deposit such large amount because you know this exchange already hacked a several months ago. So, don’t trade with large amount of money.

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[Almasani]

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

Scams are events that are difficult to predict. Usually done in a sudden way. This has happened on several other exchanges which at first seemed very reliable. But according to my experience, this exchange works well, and I also trade on this exchange. however, the volume is very low based on the CMC story.
But can the tokens listed on this exchange be trusted?
I see most of the tokens listed on the Hotbit exchange are also listed on other exchanges.

[Naficopa]

So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

I've seen a few complaints about this exchange, but it's probably not a big problem, because this type of situation happens everywhere.
I have personally sold a few tokens on Hotbit and have never had problems.
However, I do not recommend keeping funds on any exchange longer than necessary.

[Review Master]

Any experience with Hotbit, anyone?

My previous experience was great, but i didn't use hotbit since it got hacked. Also many memecoins/shit projects are getting listed into that exchange, that's why there are so many tokens in hotbit. Basically, memecoins/shit projects are using hotbit at first place as they can generate huge volume by wash trading to attract new investors. So just use that exchange when you don't have any option and storing funds into that exchange isn't good choice, IMHO.

[harizen]

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

As per my own experience is concerned, I have never got a problem trading at Hotbit. I used that exchange during the time I'm having difficulty doing some research if the platform is trustworthy.

Since I have no choice but to use them since 2 of my tokens are only listed there with a good volume, I test the water at that exchange and that's it. Deposit and withdrawals are smooth and I used the exchange for months since then. It's been a long time now since I last used the exchange so I can't comment about its current status to the community.

[Lantind]

Quite safe to do it right, you can predict slowly about what you follow later. There are many projects that look perfect and develop very well in the future but turn out to be nothing in the future.

At the initial stage all projects almost look good, but when the development team starts to stop and have obstacles to carry out the project roadmap, then from that everyone can judge and see how strong the project can hold up well and in which direction the project will choose its partners at that time, including choosing a popular exchange of course.

[arditiyan]

hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use. I think hotbit is currently in the best position for new coins to be listed. because coins listed on hotbit usually have the potential to grow bigger

[nekorakoeora]

Some time ago on the forum there were those who said the balance on Hotbit disappeared for no reason and there was also a decrease even though it did not make any transactions. In the play store reviews also many who have such complaints. I have a little doubt about this market although finally I am also curious because I am interested in trying meme coins. For trading and investing I think don't put everything on Hotbit. Choose a truly trusted market.

[JahriMeayer]

Yeah, although i'm not a regular trader on hotbit but i have done so many trades and token sells on there. Mainly i use this exchange for token sells. can't tell about what other people experience but i haven’t face any kind trouble yet. recently it was hacked but that's a common and normal thing nowadays. Can’t guarantee about safety cause no exchange is totally safe but at least you can trade there if you don't have other choice. Otherwise better to select good exchange by Trust rating

[triat]

Yeah, although i'm not a regular trader on hotbit but i have done so many trades and token sells on there. Mainly i use this exchange for token sells. can't tell about what other people experience but i haven’t face any kind trouble yet. recently it was hacked but that's a common and normal thing nowadays. Can’t guarantee about safety cause no exchange is totally safe but at least you can trade there if you don't have other choice. Otherwise better to select good exchange by Trust rating

indeed there are fast deposits / withdrawals of cryptocurrencies. But the main thing is not to store cryptocurrencies there, make transactions and withdraw. Otherwise, you can be left with nothing.

[JeffBrad12]

hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use.

This exchange site is not safe anymore and you must be careful when using this exchange site. I will try to mention the news about this. https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
that's more than enough to give you a strong proof if hotbit was not a safe exchange site anymore.

I think hotbit is currently in the best position for new coins to be listed. because coins listed on hotbit usually have the potential to grow bigger

totally wrong, you have counted only token that are still alive in yobit but you didn't even count the tokens that gone to the hell. there are bunch of shit scam coin already dead in hotbit exchange site. Did you remember about thos doge fork token? so many doge fork token already listed on hotbit and they have gone. Hotbit has also faced so many problems in the past. Did you remember when hotbit got hacked?
that proves that if this exchange site has low security system compared with another exchange site.

[Farma]

hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use.

This exchange site is not safe anymore and you must be careful when using this exchange site. I will try to mention the news about this. https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
that's more than enough to give you a strong proof if hotbit was not a safe exchange site anymore.

a few days ago, I just made a transaction on hotbit because I sold a token, and most likely I will still do more transactions in the future.
well, i just saw this, and it seems pretty bad. So far, personally, I feel pretty safe using Hotbit, but because of the news, I don't recommend holding any more assets long term there. DWYOR

[Wildwest]

If you want to trade on hotbit I don't think there is wrong, because until now the hotbit market has not been a problem and it is still safe for us to use, but you have to be careful in hotbit many fraudulent tokens so do not get stuck in obscure tokens because the hotbit market is not 100% we can rely on so do not let our assets disappear just like this of course we must be vigilant, For the problem of my experience also used the hotbit market in the last year when it was very safe for us to use.

[mbakruroh]

So I realized that, recently, there are so many tokens getting listed on Hotbit.

Tried trading few times,

And I guess this exchange is a lot better than Bitforex or Digifinex (I mean these two WERE good.. but not anymore.. I think)

At least all my tokens are not gone in the wind and assets look safe.

But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.

Any experience with Hotbit, anyone?

As far as my experience joins the Hotbit exchange, I have not experienced any problems or lost assets on the exchange. They quickly overcome when an attack occurs, one of the methods they do is to create a maintenance site. However, frequent maintenance also makes traders bored with the exchange, not only with Hotbit, but also with other exchanges. In essence, the Hotbit exchange can be trusted to trade your assets.

[Rehan Zakir]

I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets

[Lantind]

indeed there are fast deposits / withdrawals of cryptocurrencies. But the main thing is not to store cryptocurrencies there, make transactions and withdraw. Otherwise, you can be left with nothing.

What you said is true because I personally also use Hotbit as a place of exchange only and nothing more because after everything is done I immediately withdraw it to my wallet without me storing anything there, because storing there has a much greater risk.

[MAAManda]

I am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets

Everyone will say it's safe and comfortable before they get into trouble, BTW, I have some friends who have problems there, it's very dangerous to put the majority of your assets there, moreover I heard that their support side is very slow in dealing with user problems.

It's undeniable that there are lots of meme token projects whose prices explode there, but you must always be vigilant and be careful of Hotbit.

[Al Qiyamah]

Hotbit is a good exchange if there is no other choice. but however you still have to be careful putting your money in any exchange. like some time ago Hotbit was hacked, but luckily no user money was lost. indeed there are many shitcoins that can easily be registered and can be traded with even very low buy and sell orders. I still don't want to say any exchange is safe, because hacking can happen anywhere and anytime. so still have to be careful, if you don't want to lose your money.

[magnum1010]

Hotbit has some problems in spring when Hotbit exchange temporarily suspended its work due to hacker attack.Hackers failed to gain access to the cryptocurrency, but they were able to steal client data from the exchange. Nevertheless, team of the Hotbit exchange fixed everything and it  completely recovered from the cyberattack in two weeks. Now it is safe.

[gwdf1]

I consider this exchange to be trustworthy, I have had no problems with it apart from problems in April connected with haker attack. A lot of projects launched on this exchange, so it is very comfortable when you have access to all new altcoins and projects. What is more, this exchange help some projects and becomes their investors.