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Author Topic: Hotbit exchange, is it safe and good to trade here?  (Read 1326 times)
mdzahed134
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November 16, 2021, 06:26:15 PM
 #81

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.
For lots of new coins listing means there so many SCAM projects got listed easily i have seen a several such of projects and you know it can be Danger for the newbies traders. I used to like this exchange a lot before being hacked, but now i am a little worried about using it.

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November 16, 2021, 08:55:41 PM
 #82

I occasionally trade on the HotBit exchange. I haven't had any bad experiences with this exchange so far. Everything is smooth and perfect.  You can definitely trade here. This is not a scam exchange. However, if any token listed here is turn into scam then what is the fault of exchange?
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November 16, 2021, 09:15:39 PM
 #83

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 have trust on Hotbit exchange for one reason, I once submitted Hotbit exchange USDT wallet address to receive my bounty rewards, as at the time the coin will be sent, Hotbit exchange face some security challenges, so they did maintenance, unfortunately they change almost all the wallet address, so I was scared and my reward was sent during their maintenance, but as I chat them they returned my money. That's why I like trading using Hotbit because I belive my wealth is safe.

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November 16, 2021, 10:08:03 PM
 #84

All "feedbacks" here sounds like a shill. Why?

I use this exchange because I had a few alts listed only there, or Hotbit is an exchange with a higher trading volume of these altcoins. I believe they want to work honestly, their good management at the time they were hacked has been mentioned several times.

I noticed a few problems with them. first, there is a very low trading volume. it is certainly lower than they report.
I lost some funds because of their poor loading platform. The deposit address did not load properly (after more than a few minutes), and I send one token to USDT address (which is the default when opening the deposit page). they asked for too much in ETH to transfer the token to the correct address.

So, it's trusted for now service, but with caution and not for holding larger amounts there.

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November 17, 2021, 03:52:09 AM
 #85

I am a regular user of Hotbeat Exchanger. There has never been a problem with deposits or withdrawals. I think it's a very good exchanger. There are many good tokens listed in this exchanger. I think this exchanger can be used without hesitation.

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November 17, 2021, 08:03:29 AM
 #86

This is a reliable exchange with which I worked for several years, and she did not doubt in his work, I would like that there would be more coins on their playground for the possibility of exchanging and worrying, but most of the fact that they have these good projects are not doubtful.
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November 17, 2021, 08:07:38 AM
 #87

Hotbit really a good exchange and everybody can trade coin on Hotbit exchange,  kyc is optional for deposit /Withdrowing but i want to say that don't deposit more fund in Hotbit exchange. Sell token take profit and withdraw fund, not need to store capital in exchange.               

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November 17, 2021, 08:42:41 AM
 #88

I believe that we cannot tell any exchange whether we are trustworthy.  I have seen many experiences where any exchange can be hacked at any time. I have been trading on Hotbit exchange for almost three years now. It is also easy to use.  But compared to binance, kucion, ftx Exchange can not be considered hotbit.  These all exchanges have many features that are more beneficial than other exchanges.  Hotbit Exchange needs a lot of upgrades to get in its place.I don't mind being used.That is the reality.  There is truth.That doesn't mean the hotbit isn't good.
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November 17, 2021, 09:46:44 AM
 #89

Hotbit is one of the good exchanges, I've sold tokens there a few times and never had any issues, everything went smoothly.

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November 17, 2021, 10:25:14 AM
 #90

Hotbit is one of the good exchanges, I've sold tokens there a few times and never had any issues, everything went smoothly.
Problems are indeed rare, but the number of withdrawals and withdrawal fees on certain coins is still very expensive when compared to others, so using Hotbit for daily use doesn't look very suitable except for just exchanging new tokens, it's definitely not a problem.

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November 17, 2021, 10:38:07 AM
 #91

Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.
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November 17, 2021, 11:41:09 AM
 #92

I am also using Hotbit for last 2 years and I never face any problem in deposit and withdrawals. Its a user friendly exchange even newbies can use it without any help. Yes, in the past time I noticed several new projects coins listed on hotbit. I hope they will add more feature like other big exchanges to attract more users.

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November 17, 2021, 04:25:33 PM
 #93

Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.
I don't have any problems with Hotbit either. But if many doubt this market seems natural because this market has been hacked. But interestingly, there are still many cheap coins in this market and become an attraction for investors to start looking for coins with good projects for the long term or big profits in a fairly short time.

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November 19, 2021, 04:53:03 AM
 #94

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?


In my experienced using hotbit is so far so good. Though, 3 or 4 months ago if I am not mistaken, for what I don't like to hotbit by that time is they mostly took maintenance from time to time and the longest was 2 weeks or 3 weeks between the two something like that. But at this time
hotbit is good to used now and everything was smooth and better.

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November 19, 2021, 04:18:07 PM
 #95

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.
The reviews I have been seeing online on Trustpilot says a lot about them. They have a very bad rating of 1.7 on Trustpilot and every single review I kept coming across on the website was saying that the Hotbit exchange is a scam. When an exchange has such a bad rating, especially on a review platform like Trustpilot, it’s always best to avoid them entirely so that you don’t end up experiencing the same thing that those people have experienced. An exchange that has a rating of 1.7 is a capital NO for me. So, I will advise you to stay entirely clear from them.

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November 19, 2021, 04:32:49 PM
 #96

I am also using Hotbit for last 2 years and I never face any problem in deposit and withdrawals. Its a user friendly exchange even newbies can use it without any help. Yes, in the past time I noticed several new projects coins listed on hotbit. I hope they will add more feature like other big exchanges to attract more users.
maybe some people have different experiences about this exchange, and the problem of large transaction fees may also need to be rethought, plus this exchange has experienced hacking, I don't think it's wrong for you to save your funds in this exchange but with funds that are not too large or just buy tokens or shitcoins for example buffdoge coin announcing that they are already listed there, there are several reasons that may be different but it all comes back to you

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November 19, 2021, 04:37:26 PM
 #97

Although Hotbit is not as big as the other exchange, it is a good exchange, but Hotbit requires you to verify your account with the basic identification. Maybe Hotbit is the place for many new tokens or coins that can not be listed on the major exchanges because the fee is too high to get a list on that major exchanges. Although I am not a regular user using Hotbit for daily trade, I don't have a problem using Hotbit, so I think Hotbit can be bigger someday.
personally, I also have no problem using hotbit. in fact, I just made a transaction yesterday. even though the transaction I did took a long time to be sent to the wallet I have. however, as far as I'm using hotbit, I haven't had any problems so far.
However, if you want to make transactions that are guaranteed to be safe, you should only use Binance or Kucoin. it is a trusted market until now.

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November 19, 2021, 07:45:44 PM
 #98

I have a good experience with Hotbit, I have been trading there for a long time on some tokens only with a small capital, the main feature that makes a lot of users use that exchange (I don't know if this is an advantage) is the listing many tokens obtained from the airdrop so They register on this exchange and sell the tokens that they earned from airdrop or bounty, for trust it can be said that Hotbit is reliable and has some good features as well as the transfer fees are rather low but you cannot trust the tokens that are listed there because most of them are scam or chitcoin, I left the exchange recently Due to the slow opening of the page and this caused me a lot of inconvenience, so I decided to withdraw my balance from there.

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November 20, 2021, 02:06:03 PM
 #99

I occasionally trade on the HotBit exchange. I haven't had any bad experiences with this exchange so far. Everything is smooth and perfect.  You can definitely trade here. This is not a scam exchange. However, if any token listed here is turn into scam then what is the fault of exchange?
The exchange party is not wrong because they only provide land to exchange and also to do what is needed, but if the exchange tends to be slow and lacks the features that their users need, then very few people will stick with them.
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November 20, 2021, 02:13:02 PM
 #100

From my experience hotbit is a very good platform to trade your cryptocurrency but that doesn't mean that there are no scam tokens on the platform. It's always a good idea never to leave substantial amount of cryptocurrency on any exchange platform due to the fact that the exchange could be compromised.
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