HitBTC, a Cryptocurrency Platform
HitBTC is a cryptocurrency exchange and trading platform that has been operating on the market since 2013. The global trading platform started with $ 6,000,000 venture investment agreement. HitBTC supports more than 150 tradable digital assets such as initial coin offerings (ICOs), token, and cryptocurrencies.
Crypto exchange lists a vast array of available currencies, including BTC, DASH, XMR, XRP, ETH, BCH, and 200+ more. HitBTC is one of the few exchanges that support direct fiat/cryptocurrency trading, but traders have to go through a fairly strict verification process if they want to take advantage of this feature. Available fiat currencies include EUR and USD.
The platform has an intuitive user interface and provides a set of advanced tools for experienced traders. The company claims that HitBTC’s core matching engine features fault-tolerance, advanced order matching algorithms, and real-time clearing. The platform supports advanced application building protocols: FIX API and REST API. The platform doesn’t offer any mobile apps.
Users can create a general account and get started with HitBTC for free, using their email address and a password. A general account allows users to trade, deposit, and withdraw cryptocurrencies. A verification process is required if users want to fund their account with fiat currencies. Users have to provide personal information, including name and surname, information about their bank account, and submit color copies of a number of supporting documents, for example, ID card, documents that prove your residence and ownership of a bank account, and more.
HitBTC claims that the platform is secure thanks to the advanced encryption technology, 2-factor authentication for login, access to account settings, and withdrawal, automatic logout, and cold storage. To enable 2-factor authentication, users have to install the Google Authenticator app. The platform keeps login history and allows users to see it. Users get email notifications if their account was accessed from an unknown IP address.