Topic: Hotbit exchange, is it safe and good to trade here? - page 8. (Read 1394 times)
hotbit being one of the exchanges that has good potential for trading I see if hotbit is safe to use. I think hotbit is currently in the best position for new coins to be listed. because coins listed on hotbit usually have the potential to grow bigger
Quite safe to do it right, you can predict slowly about what you follow later. There are many projects that look perfect and develop very well in the future but turn out to be nothing in the future.
At the initial stage all projects almost look good, but when the development team starts to stop and have obstacles to carry out the project roadmap, then from that everyone can judge and see how strong the project can hold up well and in which direction the project will choose its partners at that time, including choosing a popular exchange of course. 
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Any experience with Hotbit, anyone?
Any experience with Hotbit, anyone?
As per my own experience is concerned, I have never got a problem trading at Hotbit. I used that exchange during the time I'm having difficulty doing some research if the platform is trustworthy.
Since I have no choice but to use them since 2 of my tokens are only listed there with a good volume, I test the water at that exchange and that's it. Deposit and withdrawals are smooth and I used the exchange for months since then. It's been a long time now since I last used the exchange so I can't comment about its current status to the community.
Any experience with Hotbit, anyone?
My previous experience was great, but i didn't use hotbit since it got hacked. Also many memecoins/shit projects are getting listed into that exchange, that's why there are so many tokens in hotbit. Basically, memecoins/shit projects are using hotbit at first place as they can generate huge volume by wash trading to attract new investors. 
So just use that exchange when you don't have any option and storing funds into that exchange isn't good choice, IMHO. 
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've seen a few complaints about this exchange, but it's probably not a big problem, because this type of situation happens everywhere.
I have personally sold a few tokens on Hotbit and have never had problems.
However, I do not recommend keeping funds on any exchange longer than necessary.
But are the tokens on this exchange trustworthy? I don't wanna trade on SCAM exchanges.
Any experience with Hotbit, anyone?
Any experience with Hotbit, anyone?
Scams are events that are difficult to predict. Usually done in a sudden way. This has happened on several other exchanges which at first seemed very reliable. But according to my experience, this exchange works well, and I also trade on this exchange. however, the volume is very low based on the CMC story.
But can the tokens listed on this exchange be trusted?
I see most of the tokens listed on the Hotbit exchange are also listed on other exchanges.
As long as I use a Hotbit account to trade so far it is still very safe and I need to know that with so many tokens with new projects coming to the exchange, we have to be more careful in choosing tokens in the market because the trading volume of these tokens is so small that if we buy it very risky.
But if we make transactions with good tokens it seems safe enough to make transactions there.
Because it’s listing fee provably not quite high. So that new projects will target this CEX and it’s don’t take long time to trade a new coin. It could be safe when you will not deposit such large amount because you know this exchange already hacked a several months ago. So, don’t trade with large amount of money. But if we make transactions with good tokens it seems safe enough to make transactions there.
It is ok but not perfect for exchange, I have been trading with it since 2018 and have not had any problems in use.
And apparently hotbit also doesn't need KYC, but the problem is trading bots and lots of shitcoins
, the liquidity of many coins is not there.
Always research to be sure you are going to deposit money into it and also keep an eye on the amount that you can withdraw.
Hotbit's use case doesn't have a problem, but the exchange is still so lacking in features that it's still lagging behind the others, and I only use Hotbit to exchange my coins if they're not on another exchange and are just thereAnd apparently hotbit also doesn't need KYC, but the problem is trading bots and lots of shitcoins
, the liquidity of many coins is not there.Always research to be sure you are going to deposit money into it and also keep an eye on the amount that you can withdraw.
This market is always like that, if everything goes according to our wishes, we are no longer who we are.
The point that I find most interesting is that they know how to accept new platforms, even though it doesn't mean much after that.
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?
in an exchange there must be a token that is a scam. but the scam will usually be seen after some time to come. my advice if you are an active user of the exchange always analyze your chosen token well so you don't experience mistakes in the selection and get stuck in a loss 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?
As long as I use a Hotbit account to trade so far it is still very safe and I need to know that with so many tokens with new projects coming to the exchange, we have to be more careful in choosing tokens in the market because the trading volume of these tokens is so small that if we buy it very risky.
But if we make transactions with good tokens it seems safe enough to make transactions there.
But if we make transactions with good tokens it seems safe enough to make transactions there.
My dealing with hotbit is not that much, but what believe and suggest is that don't leave your coin too long on exchange, however Hotbit has good reputation ever since have been using it, my friends and my mentor has never complained about it it it before.
I literally last week had my first experience with this exchange. A coin that I bought for deh was floated there. The deposit of this omenet came within 20 minutes, but the withdrawal was opened after 4 days, which strained me a little, because I did not want to sell all the coins. But in the end I got everything, and everything was successful, without any loss of funds.
Of the advantages of the exchange:
-Cool coin listings
- User-friendly interface
Cons:
-Large commissions for trading and withdrawal.
-No new coins are issued for a long time.
Of the advantages of the exchange:
-Cool coin listings
- User-friendly interface
Cons:
-Large commissions for trading and withdrawal.
-No new coins are issued for a long time.
if we look at the market today there are more and more signs that hotbit coins are good and become future assets, but even though
So let's not be careless for that because not everything under hotbit is good
So let's not be careless for that because not everything under hotbit is good
I used the hotbit exchanger myself 3 years ago. I don't think this exchanger is of good quality. This is because most of the tokens in the hotbit exchanger are later scammed and the volume on this exchanger is much lower.
yes it is safe and 100% save to trade on hotbit but do not leave huge amount of funds in there. also, I use that platform to trade shit coins. must shitcoins that I have are been dumped on hotbit. i see it as a hunting ground for pump and dump groups. it is safe and you can use but be sure that centralized exchanges are a target for hackers. Do your own research.
I have used Hotbit for some time, and I do not have a problem. Hotbit uses a standard verification, and I think Hotbit can be a good exchange in the future as they are trying to serve better for their members. But you need to research more to find if Hotbit is one of the exchanges you want because we will have different things about Hotbit. If you feel comfortable using Hotbit, you can use it for more and trade on that Hotbit.
I say they were an okay exchange, started around the time of Binance exchange become popular ~2017-2018 so they try hard to be another Binance. I did a few trades and withraw altcoins at there too and so far, my experience with the site has zero hiccups yet. They also have a good amount of trading volumes too.
I often use hotbit to trade new coins or tokens, I know hotbit almost 4 years and I think hotbit is a good and safe exchange, they implement KYC for security and increase the limit when withdrawing.
Well it's not just limited to KYC implementation and withdrawal limits as it's also on all other exchanges, but the good thing is it's on the coin list there and also the amount of volume there as well as withdrawal limits which are much bigger than other exchanges make the judgment of some people go bad for Hotbit.
I often use hotbit to trade new coins or tokens, I know hotbit almost 4 years and I think hotbit is a good and safe exchange, they implement KYC for security and increase the limit when withdrawing.
I have been using this exchange since more than 3 years and I mostly use its trading platform to deposit and sell my tokens which I receive from Airdrops and Bounty campaigns and they are most of the quickly get listed on Hotbit. The transaction and withdrawal fees are comparatively highly and I didn't find their platform attractive for trading when you compare it with Binance and Kukoin because their volumes are very low.
I even very rarely use it when the BSC has started to be chosen by new project developers at this time, in the past I also didn't use it often if the tokens I had were listed on two or more exchanges, one of which was Hotbit, because after I created an account My hotbit sees this exchange very different from the others and I don't like it so much that I only use it when I need to, not everyday like I use Binance. Jump to: