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Topic: What made you prefer Hitbtc over Binance? - page 2. (Read 436 times)

member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
for me i would suggest you to trade in binance, binance exchange are most popular and more secure than hitbtc, many traders are using binance because of good platform and safe to trade . it is also user friendly and easy to use. but it depends on you thats my personal opinion.
legendary
Activity: 3150
Merit: 1127
I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
I can't speak on behalf of hitbtc because I am not using it and I haven't stopped using Binance neither because for spot trading I am still using that. However I can tell you why I have stopped using Binance as much as I used to, which could maaaaybe give some help, maybe not since the end result will be different.

I have started using uniswap for a while but the fee got high so now I am using pancakeswap so I can say that I have moved away from Binance because thats centralized and I didn't want one company to control all my money and that is why these decentralized places were better options for me and I would always own my money. Hitbtc is another centralized exchange so the reason why I am not using Binance as much as I used to can't be applied to using Hitbtc but at least it would be a proof that some people want to get away from it.
member
Activity: 812
Merit: 53
Hitbtc is a small exchange when we compared with binance exchange. Binance is the world biggest crypto exchange. And it is very reliable and efficient that's why users trust on it. Hitbtc is a good exchange when we compared with the other small exchange.
sr. member
Activity: 1736
Merit: 267
I prefer binance than hitbtc. I'm already facing a problem in hitbtc platform. Someone hacked my account and after changing my password, hacker gets all the details again and able to login. On the other hand, binance has a good security and fees is also low.
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
I have used the two before, my first exchange was hitbtc because I was conscious about hack, I heard the exchange has never being hacked before, but the exchange have many disadvantage, the first is the high withdrawal fee, even high for altcoins. Later I opened binance, I was surprised to see altcoin withdrawal fee to be significantly low compared to hitbtc, also bitcoin withdrawal fee was lower. Also the trading fee on hitbtc is 0.25% for takers aside having being verified which can reduce it but on binance the trading fee is 0.1%
legendary
Activity: 2212
Merit: 1041
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Binance is a lot preferred by users here than hitBTC.
Despite the number of scam accusations to HitBTC though there are just users still using it and there still enough volume to the exchange. Maybe because the users there has chatbox where they can signal each other which coin is about to pump just like the yobit trollbox.

Bounty hunters find themselves on other exchanges like they don't have a choice because sometimes the token they have are only listed to some exchange like HitBTC.
hero member
Activity: 2604
Merit: 816
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Binance has everything compare to HitBTC, and we can not compare it between both exchanges. I do not know the advantages of HitBTC, but I already use Binance to trade and investment, so I do not think that I need HitBTC. I heard about the fees for withdrawal that is so high, but I do not know the truth. I suggest you use Binance instead use HitBTC because Binance is good for any trader, even for the new traders.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
Where have you heard that? The two exchanges are incomparable. Hitbtc is known to be a scam exchange and you shouldn't use it. Just stick to Binance.
Yup, There are no advantages of HitBTC over binance except for a slightly more intuitive and user-friendly interface based on my reviews.  Binance has been elaborating on this over the years.  transaction fees of hitbtc are higher.  and dozens of lawsuits and poor feedback in customer service.
it would be a mistake to choose hitbtc instead of binance.
member
Activity: 504
Merit: 33
I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?

To me this post looks like a subtle way of shilling that terrible exchange...

HitBTC has a great history of refusing withdrawals and ask for KYC or unnecessary documents from their users anytime they want without any proper excuse and for made up reasons, just search for "HitBTC scam" on google to fully understand the gravity of the situation here, searching for the word "HitBTC" in the forum also should give you the answer.

I believe if your balance is small they let you trade and withdraw just fine but the moment your balance goes higher than a certain limit they start coming up with made up reasons that they found some suspicious activity on your account and start asking for documents and such.
hero member
Activity: 1260
Merit: 515
I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?

The only reason why I think people or at least old school traders prefer HitBTC is because it was founded early on 2013, years before Binance was born. I will admit that I have been using HitBTC since 2018, no problem whatsoever, but with so many accusations, it's better to move to Binance and that's what I have been using since 2018. And then Binance takes over the exchange business becoming one of the biggest. So it's pretty obvious that traders prefer Binance over HitBTC. Maybe there are shitcoins that is listed on HitBTC that's why there are still traders on that exchange, but if you wanted to have a good experience and not worry that you are going to be scam, then you should shift to Binance.
hero member
Activity: 1078
Merit: 504
No offense to the OP but it's really a dumb question to ask. Hitbtc is nowhere near to compare Binance. Even a basic comparison of their volume will show you how dumb it is to compare them.
Hitbtc's volume is just 2.5+ Billion Dollars where as Binance's volume is more than 63.5 Billion Dollars. The Binance coin or BNB's total volume is more than 6 Billion dollars now. So there is no way anyone can prefer Hitbtc over Binance.
sr. member
Activity: 2450
Merit: 329
I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
From wherever you hear about HitBtc either they are paid groups who want to promote the exchanges or just new traders. I have heard several instances where they scammed the user behind their KYC trap.

You SHOULD NEVER use Hitbtc if you are planning to and check this for more details - https://bitcointalk.org/index.php?action=trust;u=194708

They are selective scammers and since you are already using an exchange as reputed as Binance, you shouldn't change it at all. I have used them in past and didn't got scammed (hitbtc) but from what I am hearing now, certainly they have started scamming some users.
legendary
Activity: 2744
Merit: 1111
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I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?
If you just hearing about Hitbtc then better you read every reply from members here, what they said are enough to describe how hitbtc is and it would be better for you to completely avoid trade on that exchange, trading on Binance is the right choice.

I know that there are a lot of stories that people's financial assets were frozen. I don't know why this is happening, but I have no problems with margin trading on Hitbtc. I was inspired by this review of the margin trading opportunities and started trading.
Just wait until your account get frozen by them and without solutions.
jr. member
Activity: 59
Merit: 1
I know that there are a lot of stories that people's financial assets were frozen. I don't know why this is happening, but I have no problems with margin trading on Hitbtc. I was inspired by this review of the margin trading opportunities and started trading.
hero member
Activity: 2870
Merit: 556
I am leaving Hitbtc a long time ago, although I still have some small balance on that exchange because I prefer to trade on Binance. With so many coins at Binance, you can select any coins that can profitable for you, and you don't have to verify your account to trade and withdraw your profit. It seems Hitbtc is not making an update, but I don't know because I don't use HitBtc anymore.

I wonder why you want to know what HitBtc advantages as we have Binance that still be one of the top exchange that we can use for trading?
sr. member
Activity: 1330
Merit: 326
You've heard about hitbtc then most probably youve also heard about their "not-so-good" services. Reading previous complaints about slow withdrawal transactions about them.

Stick with the crypto exchange that has a good reputation like that of Binance. It also offers many good services unlike with the other platforms. You cant just go on and trust shady structures with bad reputation like hitbtc.
legendary
Activity: 2044
Merit: 1018
Even without scam accusations or anything negative reviews to Hitbtc, Binance is more user-friendly. There is no top-tier exchange at the moment wherein you can withdraw at least 2BTC per day. Binance Chain also becomes a good alternative due to high fees on other blockchain networks. Investors also can also use Binance's own coin, BNB for staking to new projects. And there are many more that I don't think I should post. You know this already as you are a Binance user.
Binance has bigger exchange volume, more trading pairs, more promotions, and more airdrop events for their customers and community.

Binance has a very active CEO, CZ, who is very actively responsive on Twitter with updates for products, technical problems and some opinion tweets on the market conditions. Recently, they created and built up their Binance Smart Chain that is another tool to secure their position in crypto market. It even can help them to make their position becomes bigger.
legendary
Activity: 2870
Merit: 1083
I am using binance for a while but I am hearing hitbtc quite often lately. I was wondering what Hitbtc have that binance doesnt? What's Hitbtc's advantages compared to Binance?

Where did you hear that false information? Hitbtc isn't in the same tier as Binance.

Even without scam accusations or anything negative reviews to Hitbtc, Binance is more user-friendly. There is no top-tier exchange at the moment wherein you can withdraw at least 2BTC per day. Binance Chain also becomes a good alternative due to high fees on other blockchain networks. Investors also can also use Binance's own coin, BNB for staking to new projects. And there are many more that I don't think I should post. You know this already as you are a Binance user.
legendary
Activity: 3080
Merit: 1126
I am using binance for a while but I am hearing hitbtc quite often lately.

I don't know if this is some weird type of promotion or just trolling? Wink

I was wondering what Hitbtc have that binance doesnt?

That's easy. Here you go:

---

And that's just the tip of the iceberg.

Just stick to the Binance and you'll be fine.

Im actually able to say the same thing but since you had mentioned it out then it is indeed just tip of the iceberg and there are still lots of issues known and still unresolved
on that exchange Hitbtc. I dont know on how he considered on making up such comparison between the two in talking with Binance which is clear as day on which one is
really better and compared also into known issues which Binance does have less or have some smooth experience most of the time, although there are some issues but
not really as severe on what you can see with BTC.It is just right to say that if you dont like to experience headaches or saving your ass over problems
then better stick with Binance.
hero member
Activity: 1932
Merit: 622
ROLLBIT > Crypto's Most Rewarding Casino
From the data, you may see the comparison below in the links:
https://www.bestbitcoinexchange.net/vs/binance.com+hitbtc.com
https://www.g2.com/compare/binance-vs-hitbtc

From the rank, you can check both Binance and HitBTC in COinmarketCap or other trackers:
https://coinmarketcap.com/rankings/exchanges/
Binance is the top number 1 exchange
while HitBTC is in rank 50.
There is a very high difference between Binance and HitBTC seen from:
24 hours volume, average liquidity, and others.

I personally really choose Binance as my first exchange for trading and others.
Moreover, you can do many promotions and also other programs held by Binance.
This is reputable, trusted, and also has much better ratings and pros than HitBTC.

if you have coins listed in Binance, better to use this exchange than HitBTC.
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