0.4%. and our A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. Mar 1, 2023, 10:36 PM. I'd stay far away from those exchanges in the future. This week, on August 9, the German crypto exchange Nuri GmbH filed for insolvency with a Berlin court. Hotbit currently offers an option for users to deposit USD directly into their accounts. Trouble started for the exchange after a former Hotbit management employee was involved in a fraudulent project last year, considered a gross violation of criminal laws by the authorities. Cookie Notice The Hotbit team is registered in both Hong Kong and Estonia while operating out of Shanghai and Taipei. The cookies is used to store the user consent for the cookies in the category "Necessary". XEN Crypto (mXEN) Token Tracker on PolygonScan shows the price of the Token $0.00, total supply 14,027,903,518,597.187709885397927221, number of holders 51,725 and updated information of the token. Major tokens like BTC, ETH, and USDT will have withdrawal fees of 0.001 BTC, 0.01 ETH, and 2 USDT respectively. Hotbit is known to provide one of the most extensive list of trading pairs in the market. Every time I try to withdrawal, it says cannot be empty, or error param. What the hell do I have to do to get my coins off this shit exchange? Currently, Hotbits businesses covers more than 210 countries and areas. Hotbits main exchange looks very similar to most exchanges. Originally launched in October of 2019, Hotbit has included a section in their website where users can use different dapps. By clicking Accept All, you consent to the use of ALL the cookies. Although we have solved the delay problem caused by congestion today, due to the large number of accumulated orders during the period, the system still needs a little time to complete the entry and exit of each order one by one.If you have deposit or withdraw TRC-20 tokens, and the withdrawal history shows "verify pass", please wait patiently, all funds are safe,and the transfer will be completed within 24 hours.Thank you for your patience. This time, they decided to hold my funds for 1 day or longer! IEO sales will have allocations that can be bought only with HTB. All in all, Hotbit has a lot of pros and cons. Withdraw ability to Yoroi Wallet worked for me today. Authorities have frozen the exchanges funds amid the investigation, Hotbit noted. Hotbit has a 24-hour trading volume of$350 million, according to CoinMarketCap data. Your IP: However, one must still be wary of the exchange. A portion of the transaction fees collected by the exchange will be used to buy HTB from the market thus increasing demand. Some tokens support multi-chain withdrawal channels, so please make sure that the chain you choose for withdrawal corresponds to the chain you choose for transfer from the receiving platform. window.coinzilla_display=window.coinzilla_display||[];var c_display_preferences={};c_display_preferences.zone="325fe079eb73cc7840";c_display_preferences.width="300";c_display_preferences.height="250";coinzilla_display.push(c_display_preferences). To date, they have distributed more than $180,000 worth already to their users. . Negative maker fees act like a rebate. Hotbit's Announcement on the Suspension on the Withdrawal Function of DEVT on February 7th, 2023 Hotbit 19 days ago Updated Follow Dear respected users, Due to the node maintenance of DEVT, Hotbit has suspended the withdrawal function of DEVT. One good thing about the exchange is how fast they list tokens and rollout new products. Hotbit provides free deposit services for all the tokens available on Hotbit. Get the latest crypto news delivered to your inbox daily. 5 BTC + 180 Free Spins ; 2. So you actually get money back for making the trade. I had this issue with Ada and Soul. The law-enforcement authorities have frozen some of the firms funds during a criminal investigation. Okay, i sorta have the same issue, want to withdraw my funds from hotbit (its been on there for 17 days) but it says my funds are locked. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Just send a little less than max/ or account how much gas you need. There is also a minimum that must be reached in order for a successful withdrawal. W Hotbit's Announcement on the Suspension on the Deposit and Withdrawal Functions of All Tokens Based on SOL Chain Starting From February 25th, 2023 - The fee amount is based on an estimate of the network transaction fees and can fluctuate without notice due to factors such as network congestion. This service is available for the following tokens: BTC, USDT, ETH, ALGO, ATOM, BHD, BTM, DASH, EDG, FSN, IOST, IOTX, IRIS, KSM, MDU, ONT, PCX, SERO, TOMO, USDX, VSYS, XZC, ZEL. The re-opening time will be announced later. February 28th, 2023 I have been trading with them for a very long time. The re-opening time will be announced later. Coinex has been a much better experience for me. This is akin to an IPO in traditional markets. It has a couple of complaints from different users on the internet that claim they lost money from the exchange. Hotbit also shared that "all user's leveraged ETF positions will be forcibly liquidated according to the relevant net values by 12:00 p.m. UTC on August 10" to "prevent the loss caused by holding the positions.". The fee is dynamic and updated in real-time according to the on-chain data. CRO- over 170 coins fee to withdrawn.. As for withdrawal, there will be a corresponding withdrawal fee. Create an account to follow your favorite communities and start taking part in conversations. I purchased here a few months ago with no problems. According to Hotbit, the employee engaged in a project outside the company last year. Half of those purchased tokens will be burned while the other half will be redistributed for marketing campaigns. Several senior Hotbit managers who werent participating in the project have been summoned to provide testimony in order to help with the investigation. New comments cannot be posted and votes cannot be cast. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Hotbit also has an official Chinese WeChat group, official Chinese and English Telegram channels, official Twitter account and Facebook accounts. Sign up and stay up to date with our daily newsletter. Wanted to withdrawn, and surprise surprise, hefty fees. Aside from this, Hotbit has been nimble and very quick to add new features as you will see below. Note: 1. Hotbit charges a 0.2% taker fee and a -0.05% maker fee. All you get is an auto reply with broken promises that the issue will be resolved soon Date of experience: November 12, 2022 Useful1 Share Ola Olu GB Aug 12, 2022 Most disgusting exchange ever Debit/Credit Card Withdrawal Fee. Hotbits products can be categorized into trading, investments and gaming. Hotbit's Announcement on the Suspension on the Withdrawal Functions of FBSPORT, GEARBOX and CNC on February 19th, 2023 Hotbit's Announcement on the Reopening of the Withdrawal Function of All Tokens Based on TRC-20 Chain on February 17th, 2023 Hotbit's Announcement on the Suspension on the Withdrawal Function of GNS on February 17th, 2023 Performance & security by Cloudflare. The predecessor of the IEO is the ICO also known as Initial Coin Offering. The re-opening time will be announced later. Deposit Withdrawal Limit Time of Exchange Can you Trust HOTBIT Withdrawl limit Exchange and keep your funds in this exchange for long period. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. what is the name of the coin? I reached HotBit months after the hack, so I'm sorry if any of you had any problem with it but all I can do is share my experience. I keep BIT, I have high hopes for it no matter what. . All deposit and withdrawal transactions are processed automatically on Hotbit platform. These cookies ensure basic functionalities and security features of the website, anonymously. Once such alarms are triggered, they can ask you for KYC as needed. "@XuelongCui Hello Hotbit withdrawal function is normal. How safe HOTBIT bitcoin and crypto exchange is ? You can register via email or mobile number. Contact Hotbit support via Telegram (https://t.me/Hotbit_English). Hotbit Team. An ICO is the first time that a crypto token has been made available for sale to the public. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. These are often triggered during withdrawals. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. As for Android, it is on the Google Play store. An ICO is the first time that a crypto token has been made available for sale to the public. Create an account to follow your favorite communities and start taking part in conversations. All you get is an auto reply with broken promises that the issue will be resolved soon. Click Wallet Withdrawal on the top right corner and you can deposit your assets into your personal account on Hotbit. On January 4, 2022, Hotbit spotted some abnormal deposits of POKT token and immediately disabled POKT trading/ deposit& withdrawal (announcement link) before communicating with the POKT team in no time. Hotbit has conducted a thorough investigation and reviewed the entire process, and present the detailed documentation (link to technical analysis). HOTBIT Exchange Reviews and Rating 2020. Hotbit has designed multiple use cases for the tokens utility and multiple ways for it to increase in value. You have entered an incorrect email address! Bitcoin Forum: February 24, 2023, 06:27:35 AM : Welcome, Guest . Topics range from their services to account and wallet support. 2FA This has been a standard form of account protection for most crypto exchanges. To save costs, users can wait to withdraw when the gas fee is low. Inactivity Fee. In 2023, the maximum payment for people at 67 years old is $3,627 per month, or $43,524 per year. Im not gonna lecture you, but this is why you dont use shit exchanges. Before the IEO, projects that did an ICO had to make their own website, their own funding mechanism. Price differences often occur as a result of lack of arbitrage, due to restrictions on withdrawals or deposits. Here, it goes through an internal layer where they find excuses to hang onto your money up to weeks without any reason. This cookie is set by GDPR Cookie Consent plugin. However, the company claims that the customers funds are safe. Ergo is a next-generation smart contract platform that ensures the economic freedom of ordinary people through secure, accessible, and decentralized financial tools. For more information, please see our The first one, fixed term investments, allows users to earn returns by locking their tokens. They have over 500,000 registered users from more than 170 countries and areas all over the world, among which 90% are non-Chinese users. I realized I had some coins on hotbit and wanted to get them out. Withdrawing funds is [nearly] impossible. Aside from BTC and USDT, they also allow you to bet with other currencies such as BEAM and GRIN. This is usually done by big buyers or sellers that do not want their orders to be seen by the market and skew prices or get front run. 1 Shellly118 2 yr. ago I'm in the same boat 1 tomtomfreedom 2 yr. ago Copyright IBTimes 2023. ergo trades for 3.18 / USDT though on hotbit, and at gate.io it seems to be at 3.35, so you lose some by converting it first :), Hotbit and hitbtc are both super sketch. Sometimes, the transaction confirmation process might take much longer than expected. For all other ERC20 tokens, the transaction confirmation process normally takes a couple of minutes to less than 1 hour. Most withdrawals are processed in much lesser time than we estimate :) For security reasons, we store most funds in a cold wallet. August 11, 2022 11:10 AM GMT Crypto exchange Hotbit has suspended crypto trading, deposits, and withdrawals due to alleged criminal misconduct of a former employee. Withdrawal fees: Even if withdrawal fees vary with the network like on any other exchange, it also depends on a few tokens as listed below: Going on 4 days now. 4. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Forex Trading starts here - Traders Union - Best for beginners This greatly incentives users to increase liquidity in the exchange. Result of lack of arbitrage, due to restrictions on withdrawals or deposits allow you to with. You will see below, Guest Telegram ( https: //t.me/Hotbit_English ) than max/ or account how gas! To ensure the proper functionality of our platform the predecessor of the firms funds during a criminal investigation cases. Welcome, Guest most crypto exchanges conducted a thorough investigation and reviewed the entire process and... Hotbit Withdrawl Limit exchange and keep your funds in this exchange for long period you for KYC as needed to... 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