I think it's safer with a market where a lot of people make transactions in it like Kucoin or Binance which is currently the benchmark in any project about crypto.
.but for hotbit I have transacted there and there is no control at all even though it takes a little while to transact..
.and my digifinex twice at that time I sold alpacar tokens, but after that the tokens were locked and tried to sell wpp and smoothly there were no problems, so all markets are actually safe depending on which tokens we have in which market so we can sell...
Topic: Hotbit exchange, is it safe and good to trade here? - page 3. (Read 1393 times)
I said about this thing so i simply said that its a very great exchange and next one thing is that many people an this time support and use this wonderful project.
Hotbit is a very secure and safe exchange to anyone want to use this exchange i simple said that its a great project so anyone use .
Hotbit is a very secure and safe exchange to anyone want to use this exchange i simple said that its a great project so anyone use .
I have been using Hotbit for a very long time and during this time I have not had any problems with this exchange, and I still use this exchange, but unfortunately Hotbit has now turned into something incomprehensible, because on this exchange there are very cheap token listings and in general liquidity on this exchange is very low, so if you will choose this cryptocurrency exchange for cryptocurrency trading, then it will be a big mistake, since I already think that Hotbit is about on the same level as P2PB2B, and I think Hotbit will fall even lower soon, therefore, I am becoming more and more afraid of using Hotbit, but sometimes I still have to use Hotbit to sell various tokens that are trading only on this exchange.
In order to use any exchange, it is very important to gather detailed information about that exchange. Because later on, if you face any big problem due to your own misunderstanding, then you may be deprived of getting maximum support. Hotbit Exchange has been used by many traders and is being reviewed here, so you may understand user experience. But there are some limitations to providing their services worldwide that a trader needs to know.
I've traded on Hotbit several times and had no problems, I think that withdrawals are faster, which is around 1 hour, and the many contests on Hotbit of course make me come back again to trade on Hotbit.
In terms of withdrawal, it still really depends on what coin you are withdrawing, because some are only 15 minutes into the wallet because each coin has a different confirmation limit in terms of transactions.For example, for BGL coins, it only took me about 10 minutes to make a withdrawal there and each coin has a difference in the duration of the withdrawal.
and I think when you make a withdrawal for a relatively long time, there's either a problem with the withdrawal or it really depends on what coin you're withdrawing.
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Not sure how you can blame an exchange if the projects turned out to be a scam. I mean, sure, they might have some poor due diligence (or maybe none), but at the end of the day, the team of the project is the one who run the scam. As far as I can remember, 'scam exchange' usually refers to shady exchange who manipulates volume, employ shady TOS, etc. 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.
yes, we have to be careful in using cryptocurrency exchanges. There are several things that we must pay attention to so that we don't make the wrong choice in buying altcoins on exchanges that often have fake coins. We have to compare with other markets for our consideration before buying altcoins.
I agree with you that we should use several exchanges to find information about the coins we are going to buy so that we can avoid fake coins.
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?
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 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.
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.
So trading on Hotbit is quite safe and good IMHO.
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.
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. Any experience with Hotbit, anyone?
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.
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.
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.
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.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.
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. 
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.
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
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
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.
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