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

[chaser15]

Hotbit exchange is either good or bad based on the user's experience.

About my experience with them, they are good because I don't have any problems using them. I will just say what I experience but I don't know if others got a problem. There are lots of exchanges to choose from which are more reputable.

Rather than asking if Hotbit is safe, what's the reason why Hotbit is chosen?

[whiteblue]

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.

It's certainly there because the exchange also accepts what they want before placing any tokens or coins on their list, because service providers for an exchange like Hotbit are very feasible to use and I myself have never encountered a problem with this exchange.

[nitin8263]

Hotbit is a good exchange to trade and your fund is safe in this exchange, Many of investors trade in this exchange, Hotbit exchange is the popular exchange.

[onecall123]

Are you interested in purchasing or selling a token that is listed only on the Hotbit exchange?

Based on my experience I can definitely recommend green singles, but not long holds. I have used it multiple times, the last time this week. Using it was simple and fast. But, I am afraid to use exchanges like those that get hacked regularly and receive so many reports. It's great that you wanted to learn more about the community first. Find out if anyone has bad experiences with the exchange.

[Twinkledoe]

Are you interested in purchasing or selling a token that is listed only on the Hotbit exchange?

Based on my experience I can definitely recommend green singles, but not long holds. I have used it multiple times, the last time this week. Using it was simple and fast. But, I am afraid to use exchanges like those that get hacked regularly and receive so many reports. It's great that you wanted to learn more about the community first. Find out if anyone has bad experiences with the exchange.

Once you finished trading with your intended token or coin, withdraw your funds and send it to you own wallet, which is more secure. I had used hotbit before and didn't encounter any problem but of course I got out my funds after trading, which was a good thing. Because right now, I can't open my account again as the phone with google authenticator that I was using was already damaged. You'll never know what will happen, so better secure your funds outside the exchanges.

[Dewi Aries]

Any experience with Hotbit, anyone?

Still using it until now, especially after IDENA validation usually i sell my coins in Hotbit. But maybe what i concern is when i doin withdrawal, it took a little longer than usual. I mean to be accepter / if me not wrong when i withdraw it will be veryfing first before success take hours, but my withdraw still landing from Hotbit.

[Furious 7]

As long as you trade on hotbit and don't keep assets there for long it's much better, what I do on Hotbit exchange is very short, deposits>trades>withdraws that is what I do on this exchange never too long assets are left here I certainly had concerns about that so I made a direct withdrawal.

Maybe some are having problems some are not, but what I know Hotbit support is still able to respond if there are still complaints it will still happen if it happens to hack I don't know about the responsibility for that.

And Make sure you know the real Hotbit exchange.

[Balmain]

I see Hotbit listing a lot of new projects. I have never used it as a stock market and I have never traded, what is the advantage of this stock market to trade. I looked at the data of Coinmarketcap, it is 136th in the ranking and has a score of 3.6. I just learned that this stock market is not even in the top 100. I don't know what advantages it has for users, is there anything worth the risk?

[rozak]

I'm still using Hotbit because I've never had a problem since I registered with Hotbit 3 years ago, I think Hotbit is good and withdrawals are very fast, but the thing that must be improved is the high withdrawal fees, for ETH it can reach 0.006 ETH or the equivalent of $25.

I think the withdrawal of ETH and tokens in the ETH ecosystem also has a high cost.
for ETH itself on binance is also quite expensive, can reach 0.005 ETH.
but overall from the Hotbit exchange platform I have no problems using it. I haven't used this exchange in a long time. but several times I'm still there to sell the tokens that I have.

[fvb]

I used to trade on this exchange and did not face any problems either. They talk about big commissions here. Always output to TRX and everything was fine.

[bounceback]

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?

Yes, lately a lot of tokens or coins are listed on the Hotbit exchange, I use the newly listed coins on the exchange to do arbitrage and so far for me Hotbit exchange is very safe as long as I do arbitrage, but I do not recommend making long term investments with Hotbit exchange because in the past the exchange had a bad reputation.

[HodlerKing101]

RE: Main topic -

Yep, I've used Hotbit for over a year and it's actually safe and easy to use. I also like the yield on the coins you currently own in your wallet.

[Kadal Ijo]

I'm a hotbit user for almost 3 years and have never encountered any problems when depositing and withdrawing, they implement KYC so that it makes our account more secure, I'm not a part of Hotbit but I'm just saying what I experienced with hotbit.

[riskarcher]

Hotbit is a trusted and safest exchange in protecting its users, for example, my Google authenticator was lost 2 years ago because my cellphone was broken and in the process of recovering an account, it requires proof of transaction, so this proves Hotbit has good security quality. never disappointed with Hotbit, especially Hotbit already has a mobile application in the playstore. Hotbit not scam. you must try it.

[Sayeds56]

Ive Been using Hotbit for more than 2 years now. Hotbit was once hacked and now they recover. So, i can say Hotbit is safer to trade on now, Because the team will have learnt from thier mistakes and will have tried to make the exchange more safe from hackers.

Hotbit is not so reliable exchange as far as security of your funds is concerned. It has history of hacking and exchange for shut down for many days as far as I remember. It is famous  for listing of low quality projects, having weak use case , their withdrawal fees are relatively higher when you compare it with Binance and other leading exchanges. Most of the listed tokens have poor liquidity, which causes users to have problems trading assets and customer support is also very weak.

[sulendra12]

Yeah, here most of the users dropping very good feedback also i haven’t bad experiences in this exchange even i used for the several years. But i don’t agree to hold in long term and big amount of dollars. And you can't ensure here your fund is 100% safe because it was hacked once.

The exchange itself is fine I think and people are satisfied with the current Hotbit performance as far as I have seen. Even though it was hacked but it doesn't mean it would be bad after that. Hotbit approved that they could make something better after that incident. Despite on coinmarketcap rank is pretty low but the performance for myself is quite good and comfortable to use as a trader.

[topbitcoin]

I don't have any problem using Hotbit until now, but there are exchanges that i use to trade and then exchange that only listed coins that i want to sell. For daily trading or regular trading  i choose bigger market. Not means that Hotbit is bad, but that is my choice. If about safety, i think there are no problem yet with hotbit when i use it.

[Rengga Jati]

I don't have any problem using Hotbit until now, but there are exchanges that i use to trade and then exchange that only listed coins that i want to sell. For daily trading or regular trading i choose bigger market. Not means that Hotbit is bad, but that is my choice. If about safety, i think there are no problem yet with hotbit when i use it.

Yeah, so far I also didn't find any problems using HotBit although I use this exchange, not for daily trading. Only several times to trade some certain altcoins.

Moreover, it is also in Coin Market Cap with a quite big volume.
https://coinmarketcap.com/exchanges/hotbit/
But sometimes, the fees of withdrawing are quite big.
Some new altcoins are also listed in the exchange. Be careful with those new altcoins because sometimes they are also very risky.
But for HotBit itself, as long as we are careful enough, they are reputable, although not as high as top exchanges,

[omone1]

hotbit is notorious for always carrying out upgrade, constant upgrade leading to halt of trading activities and fund withdrawal can lead to  a serious profit loss or been brutalize by the market. I trade little there, most times, I withdraw my fund when can.

[alfanjhon]

I've never committed trade in hotbit but I think there are too many tokens that are unclear there, I think it's better to record the large market in the market