Estonia and Israeli Specialists and entrepreneurs launched the HitBTC for cryptocurrency exchange in 2013. This exchange permits the trading of over three hundred cryptocurrency pairs with more than 40% of Bitcoin transactions. The two languages available for users on the exchange interface are the English language and the Chinese Language. This exchange lacks apps for Androids and iOS. HitBTC accounts can remain anonymous if users desire, such because the exchange service doesn’t demand registration before it can be used.
The relatively low transaction fees and the strong security of the exchange have got a lot of people interested in it. There have been no recorded cases of hacking into the system of the exchange, and this has made it to fall into the group of the most secured cryptocurrency exchange. Nevertheless, HitBTC has a very time-consuming process of verification when the user’s want to replenish their accounts in dollars. The exchange head office is located at 11, Hoi Shing Rd, Hong Kong.
Despite the competition among the cryptocurrency exchanges in the market, HitBTC has managed to remain among the most successful exchanges in the industry. The exchange has a growing market for trading digital assets, ICOs, and tokens. The exchange supports cryptocurrencies like bitcoin, Ethereum, Monero, Litecoins, USDT, and others. HitBTC competes with exchanges like the Bitfinex and the Coinbase pro. However, as interesting as this exchange is, it has placed some geographical restrictions to users. For example, US-based clients are not welcomed by HitBTC.