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

[Quantum907]

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 use Hotbit for almost 3 years, even though I don't regularly trade on Hotbit but what I like about Hotbit is that it's a good reward for trading new coins or tokens on Hotbit. and for 3 years I use Hotbit have never encountered a problem.

[nurulhmani1280wat]

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?

Good! Hotbit is a crypto asset trading platform which is widely known and used by many people from all over the world.

Hotbit has had some glitches from hackers, but it's back to normal,
they continue to fix from the errors experienced and they will improve the quality of the exchange which is more secure from hackers.

I know hotbit flatfrom supports very easy token/coin listings, but remember to trade here you have to be careful, as some of them list potentially fraudulent tokens.

[Nazmul012]

If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade

[Maslate]

If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade

Lack of reputation maybe but lack of volume, I think they have enough volume based on the report per CMC.
That's almost $200 million daily trading volume.

https://coinmarketcap.com/exchanges/hotbit/

If that's real volume then they have high liquidity.

[Slow death]

It's very strange that the OP creates an account to ask this question and disappears without posting any more.

Name: nicepotato10431
Posts: 1
Activity: 1
Merit: 0
Position: Newbie
Date Registered: October 25, 2021, 03:20:26 AM
Last Active: November 18, 2021, 02:29:35 AM

it looks like he was paid by this exchange to come create a thread

If it is about trade with little fund, i can say, that will be safe on hotbit exchange.

I stopped using this exchange

[mafoja1]

deletd

[Farma]

If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade

well, looks like we can't demand so much from an exchange. when we have a problem, we can't judge it as a scam exchange, or a problematic exchange.
yeah, i agree with you. I also made several transactions there and did not get any problems. well, maybe sometimes the withdrawal takes quite a long time. however, it is still within reasonable limits. some people find problems with hotbit, and maybe it's a bad thing when hotbit doesn't solve it.

[Kodok Bencot]

Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.

Yes that's right, I've also used Hotbit for a long time, after following KYC and enabling all security features, I didn't hesitate to make Hotbit my first choice exchange.

[Orange89]

It is surely safe i personally think Hotbit is really underrated Exchange i am using it since 2020 and my Experience is just amazing and the best part i like about Hotbit it is good exchange to buy Meme coin if it's listed i recently buy sHINJA coin from Hotbit and i really shocked the fees is literally 0 whereas in pancakeswap fees is around 1-2$ not only these but the minimum buy 0.5$ i had also buyed many coin from these exchange my last word will be Hotbit will doesn't disappointe You so Must try it once

[koang]

Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.

Exchanges like Binance can be hacked by a very smart Hacker, so Hotbit is not invulnerable, but because the assets in it are not as large and not as numerous as others, so Hackers don't see Hotbit as a ground for them to break into.

Yep, you are right...
CEX has a long history of hacking with amounts stolen in the hundreds of millions of dollars.
So don't save your crypto in CEX  because we don't have guaranteed ownership, use CEX just for trading

[ringgo96]

For now the hotbit exchange is very safe for us to use and there have been no problems that hit the exchange, since the first time using the exchange is a little doubtful but until now it turns out that all my assets are still safe, and for now the exchange has been widely used by investors to trade both long and short term, and until now hotbits are very safe from hacking.

[Bonenx14]

Yes that's right, I've also used Hotbit for a long time, after following KYC and enabling all security features, I didn't hesitate to make Hotbit my first choice exchange.

Are there no other exchanges for you to make first? because if it's only for KYC and security reasons, there are still many other exchanges, for example like on the Binance exchange, the security is also very strong and the features are super complete if you compare it with others or with Hotbit.

[lepbagong]

If it is about trade with little fund, i can say, that will be safe on hotbit exchange. New altcoins daily get listed on hotbit including so many bounty tokens which are not available trade on anwhere except hotbit. i visited there lots of time & got it as good exchange. Once i faced problem with my fund and i asked help from their support system. It was solved but there is lack of liquidity & seems less trustworthy for long trade

Totally agree with what you say because I too as a Hotbit user only use a small amount of funds to trade there and mostly I use Hotbit as a coin exchange only after that I left it, so that's all I need to use Hotbit.

all ultimately comes back to us as users, whether we are used to using there (Hotbit) or not, because the habits we have done will lead us to know whether there is good and safe and can be useful for trading. because faithful exchange will have its own advantages and it could be the influence of our habits that make us feel at home in one exchange not because of the advantages that are there.

but there is some truth in what you say that for long trades you doubt it, of course due to having unpleasant experiences and usually other exchanges can also happen but how to solve that is what is sought. so all exchanges certainly have a long history which is also almost the same, it's just a matter of how to solve the problem properly, can hotbit do that? because I'm not a user so I can not recommend.

[Ngewex Yuk]

Hotbit is a big exchange that is in the top 10, I've been using Hotbit for almost 3 years and haven't had any problems, I've activated all security features including KYC so if there is a problem it's easier to contact the team.

[Strongkored]

Hotbit exchange is the reason I like it so much.  It has a very strong security system.  No one can hack it if they want to.  I use this watch because I think it's safe.

Are you sure no one is can hacking hotbit? how about this news https://news.bitcoin.com/cryptocurrency-exchange-hotbit-hacked-2-million-users/
I used hotbit to sell some of my altcoins before this hack drama happened, it's really hard for an exchange not to get hacked even though they are supported by strong security system and experienced developers there are always loopholes for hackers to target it.
Lucky for hotbit users because hotbit can handle everything well.

[Xinarae*]

In my opinion, the hotbit platform offers mobile apps this is why these issues occasionally occur on their site but do not last long. There will be no problem in the exchange without sharing your personal information with anyone kyc is not required for registration on this platform so I think it is an advantage. But for the exchange they have to follow the rules of the site.

[cryptoaddictchie]

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

Any experience with Hotbit, anyone?

Not really. Hotbit are known for listing any kind of shitcoin and those who are gonna pay for the listing fee. Sometime even the project isn't worth or doesn't have a publicised team they also list it. As long they completed and settle the listing fee. I'm not gonna get confidence with this kind of tokens for sure they could be scam somehow.

[rozak]

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

if you don't want to trade on the SCAM exchange. I suggest you just go to the Binance exchange. not without risk, but HOTBIT itself sometimes lists some coins which I think we are not good at (just my opinion).
I sometimes use this exchange, but not to trade and store my assets. just sell then go. like new hype tokens listed there. I love it, take profit then go. that's what I do.
Again, if you are looking for a place to trade, I suggest you go to the Binance exchange. High trading volume can make it easier for you to manage the trading assets you have.

[lenovop-70]

During my experience trading on Hotbit there is no problem at all, as long as you are KYC ed, I think you will get full rights from the exchange according to your portion. The convenient and fast process of entering and exiting assets is one of Hotbit's attractions for me, also the easy-to-see UI makes it easier for me to carry out activities.
So trading on Hotbit is quite safe and good IMHO.

[Gudhal Untu]

I think Hotbit is a good and trusted exchange, I often use Hotbit for trading coins or tokens that usually don't exist on other exchanges, and as long as I use Hotbit for almost 3 years everything is smooth and no problem.