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

[Dr.Osh]

Hotbit is not a scam exchange but there are lots of shitcoins on Hotbit because at Hotbit we can list tokens easily just by paying a low fee
Hotbit is safe, I only made a few transactions on hotbit for a few coins that haven't been listed on popular exchanges
in my opinion the best exchange for cryptocurrency right now is binance
it's just a recommendation

yes, as far as i use hotbit, i don't get any significant problems there, and i'm pretty sure that it's not an exchange scam. however, quite a lot of FUD.
however, if there are too many doubts to trade there, it is better to choose another place that has greater potential such as Binance, or Kucoin. Well, there are plenty of other really good hotbit options out there. Also, if you're still in doubt, don't keep your assets in there for too long.

[Devifajarina]

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 traded on this exchange, what I have seen so far is still safe and reliable, even the coins I have have never been lost and the assets are still so safe, but regarding the tokens you ask are safe or not, that is different from the assets we have. have, token listings really depend on the contract agreement they make, meaning that the exchange is a place of trading, while the fraud does not always look at a particular exchange, I think these are two different things.

[lixer]

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

Any experience with Hotbit, anyone?

Don't rely on exchange when it comes to the potential of the coins or tokens, exchanges will delist tokens that are not performing well in the market, it's better to look at every token or coin that you want to trade, Hotbit is a good exchange I have traded a lot of coins and tokens and I have no issue, although in the past their text confirmation always arrives late, they already fix it, based on my last transaction.

Why not? I think exchange is one of the basis to know if the coin is good or not because based on my observation almost good projects will take the effort to get listed on top exchanges. Cannot you see that almost new born coins on binance, get successful later on? The poorer the exchange the less stricter they are so I do not think they will easily delist coins that are not performing well. They will prolong it, as long as they are still receiving payments from the coin owner.

Overall, I am not saying that hotbit is one of the bad exchange but hotbit is in fact one the exchanges that are popular and it is better than the exchanges that I have use on the past.

[superman184]

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?

You want to ask about the exchange or about the token? If you believe in the exchange, of course you have to believe in its contents. If you have any doubts about some of the tokens in it, of course you can choose the more popular tokens listed on some of the world's best exchanges. There are many options there, you can choose the best for you. Unless you can't trust the exchange, so you have to leave everything behind.

[Renampun]

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That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.

agree, make hotbit the 3rd or 4th option...

I haven't used hotbit for a long time but have made transactions there several times. my main {favorite} exchanges are binance, ftx and kucoin, after that hotbit and coinbase.

[Devifajarina]

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That being said, just use Hotbit as your third or fourth choice, don't use it as your main exchange. If the tokens listed there don't exist on other reputable exchanges, there are high chances that it might be a bad project anyway.

agree, make hotbit the 3rd or 4th option...

I haven't used hotbit for a long time but have made transactions there several times. my main {favorite} exchanges are binance, ftx and kucoin, after that hotbit and coinbase.

Don't make hotbit the first and second option, because this exchange doesn't look as big as binance, coinbase and others, even though hotbit is still in the safe category and doesn't have too big a risk, hotbit's development has not been as big as the exchange you mentioned, personally I have used hotbit several times, although this exchange is safe and does not affect the value of the assets we have, but at the moment I prefer binance, FTX and Coinbase

[Cornia]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

[Cornia]

There are so many other options now that there's no need to rely on this exchange alone, unless you really have to and there's nowhere else to go, so no need to say that this exchange is the best because there are many better exchange models than just Hotbit right now.

Yeah, you are right. If there are options, there is no need to rely on this exchange. But if a token is only listed in this exchange, then we are forced to use this exchange. Sometimes while making a buy or sell order in this exchange we are forced to make it as a multiply of a round figure such as 100, 1000, 100000 etc. As a result, some tokens may remain unsold.

[stomachgrowls]

There are so many other options now that there's no need to rely on this exchange alone, unless you really have to and there's nowhere else to go, so no need to say that this exchange is the best because there are many better exchange models than just Hotbit right now.

Yeah, you are right. If there are options, there is no need to rely on this exchange. But if a token is only listed in this exchange, then we are forced to use this exchange. Sometimes while making a buy or sell order in this exchange we are forced to make it as a multiply of a round figure such as 100, 1000, 100000 etc. As a result, some tokens may remain unsold.

Actually a hard situation on which you do need to make on point decision whether you do sell those tokens or not and there are several factors which you do have
pending orders.

1. Volume
2. Typo error on those digits
3. Liquidity

You wouldnt be having any choice but to stick out or sell out on current market price which would be the most
common action you would make. About hotbit reputation then this is where things we should make out some research first
before making such action.

[Chato1977]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .

[Devifajarina]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .

I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.

[Taskford]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .

I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.

Sometimes our personal decision towards how we do our trades what makes us lose our money, but their are certain factors that the exchange reputation play a role here since if the exchange is not reputable and do scamming then this is totally a bad decision to us if we keep depositing our money and continuously trades at them. But in the case of hotbit I didn't encounter any issue at them but I'm not regular trader on that exchange but traders should take extra precaution at them since I also heard about issue on that platform.

[martyMC]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .

Where could we check precisely please? Could you paste some links about those bad ratings please? Because unfortunately it's one of the last one that doesn't ask for KYC

[harizen]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

I doubt that was a fake but rather the volume of that coin is just low. It's usual to happen in some low-volume coins but it doesn't mean it's because of the exchange alone. As far as general personal reviews are concerned, there are good and bad experiences using the platform. It now depends on the new user how they will apply the word "safe" here in this exchange.

Since Hotbit doesn't require or mandate KYC, it's one of the reasons why other users preferred using these exchanges instead of those big and popular ones.

[Devifajarina]

My previous experience about hotbit exchange was good. But recently I was very upset to trade a token name GHC. There are fake trading volume and buy order. If there is any other option, it is better to avoid this exchange.

You can simply check internet to find how shady this exchange is, there are many accusation and issues this site is facing from this forum and even out so best know to when to trade and where to put your funds.
Hotbit is not one of those so try not to lose your money from scam project that protected by this exchange .

I don't think it's the exchange that makes us lose money, although there are some exchanges like that, but in general, what causes us to lose money, is because of the bad coins we have, so there is no movement or even lost in the market, this is what is called fraud, so it's better to identify a good project that can generate maximum profit, the problem of exchange is almost the same.

Sometimes our personal decision towards how we do our trades what makes us lose our money, but their are certain factors that the exchange reputation play a role here since if the exchange is not reputable and do scamming then this is totally a bad decision to us if we keep depositing our money and continuously trades at them. But in the case of hotbit I didn't encounter any issue at them but I'm not regular trader on that exchange but traders should take extra precaution at them since I also heard about issue on that platform.

the reputation can also be affected by negative issues, usually these are created still in destroying any exchange, although sometimes the issue is not run simultaneously by many people, regarding hotbit I totally agree with what you say, because personally I have also done exchanges on this exchange, but can't find what people say about their negative side, maybe in future development they have experienced the negative issue, but I no longer use the exchange for a few months, so don't know anymore how it is.

[mafoja1]

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.

[Cadaver20]

I think Hotbit is a trustworthy crypto exchange. I occasionally sell tokens here. I haven't had any problems so far. You can trust this crypto exchange. You can deposit and trade here without any fear and hesitation.

[Dervish doff]

since I used the hotbit exchange, I'm still safe, even from the past, since 2018 until now, a lot of my assets are stored on the exchange from I read this discussion, I reopened my hotbit account, and I see as usual, it's still safe  assets in the form of BNB, hotbit has strong security, it also depends on us, in saving our accounts, not sharing accounts with others, for deposit and WD is very easy, hopefully it is always safe with hotbit exchange, don't hesitate and worry

[Leo]

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.

who told you that there is no hack in hotbit exchange, they were hacked late last year, their upgrading is just too much almost frequently, lots of fake pump, to me it's more or less like a pump and dump heaven, I can't recommend the exchange for a newbie, lots of sketchy things going on there

[Lantind]

who told you that there is no hack in hotbit exchange, they were hacked late last year, their upgrading is just too much almost frequently, lots of fake pump, to me it's more or less like a pump and dump heaven, I can't recommend the exchange for a newbie, lots of sketchy things going on there

For beginners in the crypto space, it's really not recommended to use Hotbit because there are many better exchange options than Hotbit at the moment so hacking and other vague things can also be an absolute consideration for anyone at this time.