Hitbtc is a crap - page 3. | Bitcointalksearch.org

mobnepal

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Quote from: aervin11 on April 03, 2018, 09:36:05 PM

1. VERY HIGH Withdrawal fees. It's about ATLEAST100$ fee (equivalent of the coin/token) with the maximum of 1000000$ FEE to successfully withdraw.
2. MINIMUM TRADING AMOUNT. I got 200$ on USDT BUT I can't buy it all on BTC because it must be 0.01/0.02/0.03 and the prices are 73.24/146.48/219.71, NOW how could I afford to use my excess USDT? no other decimal places allowed.
3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

1. Withdraw fee is just 0.001BTC for bitcoin and 1.5 XVG for verge and both of them are not even near to your $100 figure.
2. Yes they have kinda crazy minimum size that we can trade unique to them which I also find quite frustrating but you can buy other coins with those USDT and withdraw out.
3. Its 0.10% for taker and zero for market maker (means the one who will put order will be charged 0%), so you got whole trading fee wrong.

I am not supporting hitbtc here just clearing your confusing. I will neither encourage other to use this platform nor stop them from using this. I also have few coins there just to diversify my risk...

aervin11

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Quote from: mk4 on April 03, 2018, 11:58:09 PM

Quote from: aervin11 on April 03, 2018, 10:26:57 PM

Quote from: mk4 on April 03, 2018, 09:56:56 PM

Quote from: aervin11 on April 03, 2018, 09:36:05 PM

3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

I understand that some exchanges do have very high withdrawal fees and minimum trading amounts, but a 10% trading fee? Are you sure that this isn't just a miscalculation from you? That seems TOO high.
Based on HitBtc's site, their trading fees are only 0.01% to 0.1%. Source: https://hitbtc.com/fees-and-limits

Yes that is true. Actually, 0.1 is equivalent to 10 Percent.

Wait what? Of course not. Are you actually saying 0.1% = 10%? OP you drunk.

Oh my. I always think that 0.1% is equal to 10%. Just for example,
I got 0.1 bitcoin and that is 10% part of a bitcoin. If I got 1 bitcoin then I have 100% part of a bitcoin.

If this is wrong please let me know, I would appreciate every knowledge I could from you guys here from the forum, Thank you.

Quote from: NeuroticFish on April 04, 2018, 01:04:27 AM

3. You should improve your math. 0.1% is 0.001, not 10%.

Sorry I didn't know. What all I have been thinking all this time of my life that 10% is equivalent to 0.1%.
Please kindly help me with these if you have some explanations, I would appreciate it, thanks.

Quote from: otundebis on April 04, 2018, 01:07:10 AM

Simply because you have a bad day with hitbtc doesn't make it S crap. I have been using the exchange for many years and I have no bad experience with the exchange.

I might have a bad day, but I won't post my illusions here unless they were true. I also don't want to promote FUD regarding the tokens/coins listed/would be listed on hitbtc but you could see it yourself if you use the exchange itself.

bitcoinmasterlord

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Quote from: otundebis on April 04, 2018, 01:07:10 AM

Simply because you have a bad day with hitbtc doesn't make it S crap. I have been using the exchange for many years and I have no bad experience with the exchange.

it's not just a bad day, we are hearing this kind of issues from different users frequently, So i think there is a problem with the site.

Quote from: chris200x9 on April 04, 2018, 01:31:38 AM

I also use them but my experience is not so good. I didn't lose anything but every transaction I faced some issues. First, it took a lot of time to deposit my coins into my account and later coins was missing. Withdrawal fees were very high for some of the altcoins so I was forced to covert it into BTC to withdraw. After two days they clubbed tonnes of transactions into one transaction and paid a little fee when the fee was all-time high then I ask someone else to push the transaction. Overall my experience with them is not good and if you can get those coins in some other exchanges then better avoid this exchange.

I think most of the people had only bad experience on this site, I will not use this site to trading but whenever I will receive some new tokens I will not get any option i have to use this site because most of the new tokens will list in this website.

arpon11

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Hitbtc is one of the trading platform that I have decided not to trade and I don't know why most altcoin and tokens are first being listed there. A friend of my transfer his token to Hitbtc and the next thing that happened was that $40 dollars was deducted from $79 dollar he want to trade as a deposit fees. This is cheating at the highest level because all this fees were hiding fees.

chris200x9

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Quote from: otundebis on April 04, 2018, 01:07:10 AM

Simply because you have a bad day with hitbtc doesn't make it S crap. I have been using the exchange for many years and I have no bad experience with the exchange.

I also use them but my experience is not so good. I didn't lose anything but every transaction I faced some issues. First, it took a lot of time to deposit my coins into my account and later coins was missing. Withdrawal fees were very high for some of the altcoins so I was forced to covert it into BTC to withdraw. After two days they clubbed tonnes of transactions into one transaction and paid a little fee when the fee was all-time high then I ask someone else to push the transaction. Overall my experience with them is not good and if you can get those coins in some other exchanges then better avoid this exchange.

otundebis

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Simply because you have a bad day with hitbtc doesn't make it S crap. I have been using the exchange for many years and I have no bad experience with the exchange.

NeuroticFish

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Quote from: aervin11 on April 03, 2018, 09:36:05 PM

1. VERY HIGH Withdrawal fees.
2. MINIMUM TRADING AMOUNT.
3. 10% Trading FEE.

1. I agree. I suggest you use coins like Ripple and withdraw to another exchange. That's what I did some time back. But check the withdraw fees for more coins and check the math very good and make sure you don't lose even more.
2. Together with [1] it means they don't want small traders. No problem, there are other exchanges too, right?
3. You should improve your math. 0.1% is 0.001, not 10%.

All in all it's a free world. I also use their services seldom because of many reasons including yours, but I am small too.
Still, I've found coins the I couldn't really trade in other places, so HitBTC has its place too in the ecosystem.

Andrey123

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I also do not like it!
I translated 10 tokens of one coin, but it turned out that the minimum amount of 100 coins!

And you can only trade with whole values, and with the rest do whatever you want! It's horrible!
Support does not answer at all!

mk4

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Quote from: aervin11 on April 03, 2018, 10:26:57 PM

Quote from: mk4 on April 03, 2018, 09:56:56 PM

Quote from: aervin11 on April 03, 2018, 09:36:05 PM

3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

I understand that some exchanges do have very high withdrawal fees and minimum trading amounts, but a 10% trading fee? Are you sure that this isn't just a miscalculation from you? That seems TOO high.

Based on HitBtc's site, their trading fees are only 0.01% to 0.1%. Source: https://hitbtc.com/fees-and-limits

Yes that is true. Actually, 0.1 is equivalent to 10 Percent.

Wait what? Of course not. Are you actually saying 0.1% = 10%? OP you drunk.

aervin11

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Activity: 602

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Quote from: mk4 on April 03, 2018, 09:56:56 PM

Quote from: aervin11 on April 03, 2018, 09:36:05 PM

3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

I understand that some exchanges do have very high withdrawal fees and minimum trading amounts, but a 10% trading fee? Are you sure that this isn't just a miscalculation from you? That seems TOO high.

Based on HitBtc's site, their trading fees are only 0.01% to 0.1%. Source: https://hitbtc.com/fees-and-limits

Yes that is true. Actually, 0.1 is equivalent to 10 Percent.

mk4

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Paldo.io 🤖

Quote from: aervin11 on April 03, 2018, 09:36:05 PM

3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

I understand that some exchanges do have very high withdrawal fees and minimum trading amounts, but a 10% trading fee? Are you sure that this isn't just a miscalculation from you? That seems TOO high.

Based on HitBtc's site, their trading fees are only 0.01% to 0.1%. Source: https://hitbtc.com/fees-and-limits

aervin11

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It's been a month since I didn't use hitbtc because the market was in massive dip, now, getting my bitcoins and to trade because of some pumps that is far from resistance. Upon using hitbtc now, I noticed a lot of changes that makes me lose my money EVEN btc is pumping it's price.

Here are the disgusting changes that I have encountered so far.
1. VERY HIGH Withdrawal fees. It's about ATLEAST100$ fee (equivalent of the coin/token) with the maximum of 1000000$ FEE to successfully withdraw.
2. MINIMUM TRADING AMOUNT. I got 200$ on USDT BUT I can't buy it all on BTC because it must be 0.01/0.02/0.03 and the prices are 73.24/146.48/219.71, NOW how could I afford to use my excess USDT? no other decimal places allowed.
3. 10% Trading FEE. Now if I would trade My 146.48USDT for 0.02 BTC the fee would be 14.648USDT. The total is 161.168USDT, now I still got 38 USDT which I can't trade anymore. Crap, this is what I say Im F*CKED!

FOR THE TEAM
You really need money to buy lambo? Grin

Update (April 04, 2018, 10:54:01 AM)
All trades must be whole number or divisible by 100. (Correct me if I'm wrong)

Now what would I do if I got my 66 CFI on hitbtc? I can't withdraw it because the minimum amount for withdrawal fee is 181 CFI and I can't buy anything that is not divisible by 100. This is crazy y'know. Send me suggestions.

Topic: Hitbtc is a crap - page 3. (Read 1214 times)