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

[nurulhmani1280wat]

Hotbit is one of the exchanges with token listing too easy, If you have tokens listed there I say withdraw as soon as possible and you don't leave tokens on that exchange after trading, but I'm not saying that hotbit exchange sites are not safe, hotbit isn't centralized exchange.

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[EmmaGod]

I have an account with hotbit exchange and I personally haven't lost any of my funds on the exchange, but I would advise you don't store substantial amounts on the exchange. If it's possible to only have what you want to trade on the exchange, it would be much better. The exchange has a lot of tokens which are not to be trusted, I'll advise you thread softly.

[Alert31]

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?

Yeah, hotbit is indeed better than digifinex or bitforex. I traded in hotbit for a long time and never encounter any problem and compared to digifinex, hotbit has a small transaction fees. Digifinex is not a good exchange for me because it is manipulated  and the transaction fees is too high which is very dissapointing and annoying because sometimes transaction fee is huge than your asset needed to withdraw that's why the ending is   you won't withdraw your asset.

[Olayinka2225]

I don't really feel alright with hotbit, many time when you have coin that's mooning on their exchange, the next thing you see is that they're on maintenance. This has happened more than once.

[iv4n]

I have an account with hotbit exchange and I personally haven't lost any of my funds on the exchange, but I would advise you don't store substantial amounts on the exchange. If it's possible to only have what you want to trade on the exchange, it would be much better. The exchange has a lot of tokens which are not to be trusted, I'll advise you thread softly.

Same thing here, I am using Hotbit for years I think and I never had any problems... I don't store there anything as I do on some other exchanges, I only use it to get in and out of some coins/tokens that are listed there! For example, the other day I had some BFG for selling, Hotbit was one of the places where BFG is listed, and I think the best place of all others. So I got in and out without any issues, I can even say pretty fast USDT withdraws, and we can choose many chains, I went with TRX just 1 USDT fee... on ETH it was $30!

[Pejoh Asu]

I've been using hotbit since 3 years ago and have completed KYC, and have often traded on hotbit, as long as I used hotbit I didn't encounter any problems when depositing or withdrawing, and I think hotbit is a trusted exchange.

[Alanaz]

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.

not using it doesn't mean the exchange is bad, hotbit is indeed the one that I use and it's actually quite simple to use there.
but i agree with you their security is quite good but indeed because of the many exchanges at this time maybe hotbit is one that is on the list is good enough to use

[Quidat]

I've been using hotbit since 3 years ago and have completed KYC, and have often traded on hotbit, as long as I used hotbit I didn't encounter any problems when depositing or withdrawing, and I think hotbit is a trusted exchange.

There are users who do have good experience about this exchange but if we do count off the number of issues and complaints then i dont
think that it would really be worth on trading or depositing into this exchange but well its up to someone if they could bare some risk
but if you do ask me then i wont really be touching this exchange.
There are some circumstances on which you dont have any choice specially if this is only the exchange on where your coins been only
traded off.

[marilynmanson21]

i trade on hotbit never had a problem, how long ago,  hotbit was hacked the recovery period is very fast so i'm sure to trade there, not yet maintenance there which is done every 2 months for smooth use, this makes me comfortable trading on hotbit
note : don't save a lot of your money in exchange

[nurulhmani1280wat]

hotbit is a very famous crypto asset trading platform and used by many people from all over the world.

hotbit has problems, such as being hacked, but they have fixed it, but the greatness of Hotbit is unquestionable. Through this application, we can buy and sell crypto assets very easily and supported by a stable server.

but not all tokens listed in it are good and there may be some tokens that are potentially fraudulent, you should be careful before trading.

[Rahman11]

Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.
Bitforex is a fake volume creator.

[Beparanf]

Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.
Bitforex is a fake volume creator.

Is Hotbit no fake volume created ? because I also use Hotbit very often and have also found irregularities in volume although not all coins are like that, and for Bitforex I use it very rarely so I can't give an assessment for this.

Most of the exchange has fake volumes from wash trading even top exchange like Binance and Kucoin since most of this CEX is unregulated by SEC. The difference of Binance to Bitforex & Hotbit was they have a real big volume despite wash trading while the other low tier exchange are purely relying on wash trading for the majority of there volume. The majority of crypto market volume is just fake though.

[coin-investor]

Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.

Yes I agree although there are accusations on Hotbit I have no problem trading there, I only trade 3 to 4 coins I'm holding, the only issue I have over Hotbit is you have to wait for your withdrawal to confirm, my waiting time is from 3 to 6 hours but I received all my withdrawals, so if you are going to trade here in Hotbit you should be aware of their withdrawal waiting time.

[GbitG]

Hotbit is a legit crypto exchange, having several million users across various countries. According to Coinmarketcap, it has become one of the biggest and fastest-growing exchanges around the world in terms of daily trading volume.

Yes I agree although there are accusations on Hotbit I have no problem trading there, I only trade 3 to 4 coins I'm holding, the only issue I have over Hotbit is you have to wait for your withdrawal to confirm, my waiting time is from 3 to 6 hours but I received all my withdrawals, so if you are going to trade here in Hotbit you should be aware of their withdrawal waiting time.

I never suggest anyone to hold his coins/tokens to hold on exchanges because we have some very bad experiences and good number of scams with this policy, just try to trade and then quickly withdraw your funds because it's never been safe for anyone. Just remember "NOT YOUR KEYS NOT YOUR COINS" every time complete your order and then try to withdraw your funds for better security no exchange is safe we have some good number of hacks and stolen funds from many exchanges in last few years.

Even Binance and any very reputable exchange is not safe for holding.

[koang]

Hotbit exchange specializes in crypto to crypto trading only and growing exponentially
but Hotbit does not support US customers and does not offer margin trading
I've been trading on Hotbit since 2019 and never had a problem.
Personally, Hotbit is one of my favorite spot exchanges
and Hotbit is a good option to consider if you want to trade a wide variety of altcoins.

[OrangeII]

Hotbit exchange specializes in crypto to crypto trading only and growing exponentially
but Hotbit does not support US customers and does not offer margin trading
I've been trading on Hotbit since 2019 and never had a problem.
Personally, Hotbit is one of my favorite spot exchanges
and Hotbit is a good option to consider if you want to trade a wide variety of altcoins.

Personally, I also frequently trade there. Even though it's not my favorite exchange, and there are lots of FUDs circulating about this exchange, but as far as I've been using it, I haven't had any major problems. maybe the only complaint that makes me a little uncomfortable is the withdrawal which takes a slightly longer process. however, as long as the transaction is successful, and it doesn't take 24 hours to wait, it doesn't seem like much of a problem to me.

[alisonwonder]

Hotbit is good exchange and usually like other exchange market but some time you need working hard with Hotbit when your deposit or withdrawing get verifying status, ever many time I faced my withdrawal get verifying and need hard working chat contact online support to get back my fund, need one or two days for getting back our fund. But for withdrawing most faster exchange is Hotbit, usually I withdraw USDT with bsc network just only one second success withdrawing.

Hotbit is only slow in online support if there is a problem, for others it is always smooth including withdrawals, so when viewed as a whole or in general, Hotbit has never had any problems in the crypto space and is still very good to continue to use.

[Pahom]

I think that hotbit is quite good, it has some problems in April when it temporarily suspended operations due to hacker attack. But Hotbit claimed that the clients' funds were safe. Hackers failed to gain access to the cryptocurrency, but they managed to steal customer data from the exchange. But actually, the team of an exchange reacted very fast and took necessary steps, so it took 7-14 days to restore. Now everything works well.

[XUR_TIP]

Hotbit is a good exchange, better than some exchanges like bitbns p2pb2b and many others, they do have some bugs but team work is better and they are also helpful too, there withdrawal is faster too than average crypto exchanges like not up to a minute you will get your assets

[TopT3ns]

Hotbit is good exchange and usually like other exchange market but some time you need working hard with Hotbit when your deposit or withdrawing get verifying status, ever many time I faced my withdrawal get verifying and need hard working chat contact online support to get back my fund, need one or two days for getting back our fund. But for withdrawing most faster exchange is Hotbit, usually I withdraw USDT with bsc network just only one second success withdrawing.

Hotbit is only slow in online support if there is a problem, for others it is always smooth including withdrawals, so when viewed as a whole or in general, Hotbit has never had any problems in the crypto space and is still very good to continue to use.

Some time Hotbit faced cases with deposit suddenly suspend and I ever faced this problem, almost one year my deposit still suspend and try to complaint just get respond waiting only, I loss about 300$ there when success deposit from trustwallet to hotbit and confirmation three minutes, when almost success deposit coming address deposit close and I need when re open deposit again, almost one years still not get good news when my coin open deposit and get back my money.