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Topic: Hotbit exchange, is it safe and good to trade here? - page 2. (Read 1394 times)

full member
Activity: 1526
Merit: 110
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.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
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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
sr. member
Activity: 2520
Merit: 366
Catalog Websites
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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.
full member
Activity: 658
Merit: 189
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.
hero member
Activity: 2688
Merit: 588

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.
full member
Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
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.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
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.
full member
Activity: 2324
Merit: 175


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.
full member
Activity: 1274
Merit: 104
HEX: Longer pays better
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
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
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I've traded on hotbit alot of times and sincerely, it's a shitty exchange if am asked, one is that there is no liquidity on the exchange, it's one of worst exchange to trade altcoins, alot of fake trades and fake orders by bot.
Not to say that digifinex is nice but I think digifinex is better when compare to hotbit, I can only trade on hotbit exchange if the coin am trading is not listed anywhere else, or if other exchanges trading the coin are worster than hotbit.

Hotbit is an old exchange, I used it to liquidate some staked tokens. Personally, I don't refer anyone to use Hotbit nor digifinex, both of them are functional but no one knows when it will go sleep.

You could use such types of low-rated exchanges for short terms to sell your Bounties or native tokens, But not use those as your main exchange to do online trade.
Better you could go throw Bitfinex, Binance, Bittrex, Coinbase to do trade.

here you will get top rated exchanges with their daily volume chart: https://coinmarketcap.com/rankings/exchanges/
hero member
Activity: 1498
Merit: 537
It has but the weak point is, recently most of shitcoins choice hotbit for listing & most of those recent listing shitcoins create hype by bot trading and then got disappeared for lack of liquidity & real traders
indeed there are fast deposits / withdrawals But the main thing is not to store cryptocurrencies there, Otherwise, you can be left with nothing.
That's right. their deposits & withdrawals are impressive but hotbit Isn't a good place for store or trading coins cause i notice, they try to survive their coin by bot trading. No order but continuously buy-sell are ongoing.

There are some other exchanges too that are also promoting shit projects. You check Latoken, Bitforex, Probit, Coinsbit, whitebit, P2PB2B, and some similar exchange then you will see this exchange has extremely low volume and all the top project listed there has a big spread. Those exchanges are not ideal for daily trading and all the shit project listed there shows enormous amounts of volume with a very small buy order.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
It has but the weak point is, recently most of shitcoins choice hotbit for listing & most of those recent listing shitcoins create hype by bot trading and then got disappeared for lack of liquidity & real traders
indeed there are fast deposits / withdrawals But the main thing is not to store cryptocurrencies there, Otherwise, you can be left with nothing.
That's right. their deposits & withdrawals are impressive but hotbit Isn't a good place for store or trading coins cause i notice, they try to survive their coin by bot trading. No order but continuously buy-sell are ongoing.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
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've traded on hotbit alot of times and sincerely, it's a shitty exchange if am asked, one is that there is no liquidity on the exchange, it's one of worst exchange to trade altcoins, alot of fake trades and fake orders by bot.
Not to say that digifinex is nice but I think digifinex is better when compare to hotbit, I can only trade on hotbit exchange if the coin am trading is not listed anywhere else, or if other exchanges trading the coin are worster than hotbit.
sr. member
Activity: 1638
Merit: 255
I also noticed that, so many altcoin are get listed on hotbit! I heard about this exchange before but haven’t saw any bad experience from anyone! I haven’t used hotbit for long but recently i registration on hotbit for selling unknown token, all was okey but i found it has server issue, thats why sometime withdraw option not working and some futures of this exchange, fail to loading properly but Over all okey
Yeah I have also experienced server problems and that makes there features do not work properly. Maybe there are obstacles to my internet network problems because it only happens for a short time and the problem is quickly resolved. So I think Hotbit is safe as long as I use it as a trading exchange.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
I also noticed that, so many altcoin are get listed on hotbit! I heard about this exchange before but haven’t saw any bad experience from anyone! I haven’t used hotbit for long but recently i registration on hotbit for selling unknown token, all was okey but i found it has server issue, thats why sometime withdraw option not working and some futures of this exchange, fail to loading properly but Over all okey
full member
Activity: 1820
Merit: 107
IMO, based on my experiences while using Hotbit it is a good and legit cryptocurrency exchange because I was using it many times already deposit and withdrawal is fast, and so far I have not encountered any problem while using it so in fairness to Hotbit Ill give it a neutral score base on my own experience.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
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 am using hotbit exchange from 3,4 years. It is a very secure and reliable exchange. Daily trading volume is also good in this exchange. I prefer you to use this exchange for trading.  There are many  new strong project that comes in market list their coin on hotbit. So, overall its a good exchange for trading and holding assets
I think depend with coin do you trade for volume trading in Hotbit because not all coin have good volume trading there, if shit coin or small altcoin have lower volume trading transaction and I think is not worth with trade less volume trading coin. But I applause with withdrawing process in Hotbit as faster exchange using bsc network you can try without one minutes your transaction have completed, beside Binance and Kucoin take five minutes for withdrawing completed and transaction with internal transfer take five minute not with other exchange withdrawing.
jr. member
Activity: 1876
Merit: 5
I have been using the Hotbit exchange for a long time now to exchange and sell tokens. And in my opinion, the exchange is very in demand in the cryptocurrency market. Since the exchange always conducts transactions without any problems without delay. I believe that the exchange can be used and advised to anyone who is looking for a safe sale of tokens.
sr. member
Activity: 980
Merit: 255
HALA MADRID
Hotbit is the most faster coin withdrawing using BSC network, not use for other network when withdrawing how faster is it. Every day I use usdt bsc for withdrawing on Hotbit just take few second only my withdrawing completed, I use all exchange from Binance, kucoin, MEXC, Lbank but only Hotbis as most faster withdrawing process, Binance take more than 5 minutes and some time need waiting 30 minutes our withdrawing completed but using Hotbit just under one minutes withdraw have completed.
full member
Activity: 714
Merit: 100
Hotbit is well known for their continuous improvement and improvement, continuous improvement leading to cessation of trading activity and withdrawal of funds can result in serious loss of profits or feel persecuted by the market. I trade a little there, most of the time, I withdraw my funds when I can or not at the right time.
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