The Hotbit team is registered in both Hong Kong and Estonia while operating out of Shanghai and Taipei. I know it's a waste of time and fees, but hotbit never responds and it never changed so I gave up. I'd stay far away from those exchanges in the future. About TRX chain deposit and withdrawalAfter maintenance, there is a large number of users transfer TRC-20 tokens, resulting in the congestion and node delay of TRC-20 chain . Hotbit allows two main ways for you to register. I am about to lose my shit. Hotbit, a cryptocurrency exchange platform founded in Estonia, broke the news Wednesday that it is suspending its web services, including "trading, deposit, withdrawal and funding functions," due to an ongoing investigation that involves its former employee. I keep BIT, I have high hopes for it no matter what. These are often triggered during withdrawals. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. You will see all the trading pairs at the left side while on the right you will see the order books. We understand that buying bitcoins can be extremely confusing and frustrating. Privacy Policy. The cookie is used to store the user consent for the cookies in the category "Analytics". 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. Due to the nodes maintenance of SCRT-SCRT and SAF, Hotbit has suspended the deposit and withdrawal functions of SCRT-SCRT and SAF. However according to them, they have certain high risk control systems in place. How safe HOTBIT bitcoin and crypto exchange is ? One good thing about the exchange is how fast they list tokens and rollout new products. This week, on August 9, the German crypto exchange Nuri GmbH filed for insolvency with a Berlin court. . We also use third-party cookies that help us analyze and understand how you use this website. Chinese, English, Russian, Korean, Thai, Turkish). Hotbit.co.kr.Site is running on IP address 121.78.127.249, host name 121.78.127.249 ( South Korea) ping response time 20ms Good ping.. Last updated on 2023/03/01 They use a number of various tools and go to great lengths to ensure things cannot be traced back to them once they inevitably disappear with users' funds. Major tokens like BTC, ETH, and USDT will have withdrawal fees of 0.001 BTC, 0.01 ETH, and 2 USDT respectively. Cash Withdrawal Machines Old Quarter. Withdrew tokens to the same address many times. Negative maker fees act like a rebate. Hotbit is currently headquartered in Shanghai and Taipei. 4. 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. Announcement on the Suspension of Hotbit Website Service on August 10th, 2022Detailshttps://t.co/5hf6XS638yUser's assets are safe, please don't worry. I had this issue with Ada and Soul. Hotbit is a decent mid tier exchange that has a decent volume of users and trading volume. Who will likely be subsequent? Save my name, email, and website in this browser for the next time I comment. Note: 1. While the yield varies depending on the token, annualized yield is understandably lower compared to fixed term deposits. Just enter the code sent to your email or phone and youre already ready to start trading. Cost 1 ERG to transfer. This article is for information purposes only and should not be considered trading or investment advice. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Hotbit has finished the node maintenance of XEM chain and recovered the deposit and withdrawal functions of all tokens on XEM chain. It does not store any personal data. Its still broken. Hotbit has designed multiple use cases for the tokens utility and multiple ways for it to increase in value. Currently, Hotbits businesses covers more than 210 countries and areas. All user's assets and data on Hotbit are secure and correct," it continued. 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. Hotbit also has a comprehensive FAQ section on their website. Save. 30 usdt to withdrawn in usdt.. I had this issue with Ada and Soul. Trust score for this exchange is much lower than other exchanges. You can find more details on how to use EPAY here: How to deposit USD on Hotbit. Luckily for you, this site has ample information to help make buying bitcoins easier for you. Coinex has been a much better experience for me. Hotbit Funding And Spot Wallets Explained. Details hotbit.zendesk.com/hc/en-us/artic & hotbit.zendesk.com Announcement on the Suspension of ERC20-RUNE Deposit Function on December 14th, 2021 If you want to load $1000, then it will charge you $10. Crypto Exchange Hotbit Froze Withdrawals and Customer Funds, Celsius Network Files for Bankruptcy Protection, Leading to a 50% Loss for CEL, Crypto Exchange Nuri Files for Insolvency in Germany, Celsius Bankruptcy to Blame, Volt Inu ($VOLT) Is Scheduled to List on Hotbit and Bitmart Exchanges. Hotbits products can be categorized into trading, investments and gaming. Hotbit's Announcement on the Reopening of the Deposit and Withdrawal Functions of SCRT-SCRT on March 2nd, 2023; Hotbit's Announcement on the Suspension on the Deposit and Withdrawal Functions of All Tokens Based on Terra Classic Chain Starting From March 1st, 2023 You can access your gaming wallet by going to the Funds section and clicking the game account tab. You can only download and install the app directly from the QR code linked on their website. The predecessor of the IEO is the ICO also known as Initial Coin Offering. The law-enforcement authorities have frozen some of the firms funds during a criminal investigation. To date, they have distributed more than $180,000 worth already to their users. they're just trying to prolong time, their announcement indicated that the attack was averted, therefore, I believe they need time for maintenance and recovery. This is done through a service provider called EPAY. 5 BTC + 180 Free Spins ; 2. Hotbit will create an automatic listing system where projects provide certain information and provide the necessary capital needed and they will get listed on Hotbit upon approval. This shows Hotbits support for the different projects that they have and their initiative to stimulate trading activity and volume for these tokens. I've been using hotbit to purchase ergo and it has been working fine until this week after the big maintenance. For more information, please see our Hot and Cold Wallets This is a standard procedure that separates revolving funds (hot wallet) and most user funds (cold wallet). Articles in this section. No degen is secure. As for withdrawal, there will be a corresponding withdrawal fee. The IEO was launched on April 7 2019 and was quickly listed 2 days after. Stay away. By providing various trading methods such as trading through web page, APP and H5, Hotbit proves that it is the platform that provides users with secure, reliable, convenient and rapid trading services. Based on this unfortunate development, law enforcement agents have subpoenaed several Hotbit senior employees since last month. All Rights Reserved. @Hotbit_news_05 Hello, due to the maintenance of RUNE node, Hotbit has suspended the withdrawal functions of BEP2-RUNE and ERC20-RUNE. and our They make it extremely easy to deposit funds. Wanted to withdrawn, and surprise surprise, hefty fees. They quickly adapt to new trends and try to get their version to the market as fast as possible. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. This time, they decided to hold my funds for 1 day or longer! If you are trading on Hotbit, it is advised to stick with their website version as their apps are still buggy and the iOS app is not officially listed on the App Store. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Press question mark to learn the rest of the keyboard shortcuts, Silver | QC: CC 312, BTC 56, ETH 44 | CRO 31 | ExchSubs 31, Platinum | QC: BTC 102, BCH 94, LTC 60 | r/Politics 25. Forex Trading starts here - Traders Union - Best for beginners "@XuelongCui Hello Hotbit withdrawal function is normal. Out of the 791 pairs, more than 80% are coming from the top 10 pairs leaving the majority of the other tokens with less liquidity with an average of $50,000 worth of transactions. and our This is not like most exchanges when you withdraw they provide you a TX ID immediately and you can check on the block explorer the status. Hotbit withdrawal fees are dynamic, you will be charged according to the current network conditions. Contact Hotbit support via Telegram (https://t.me/Hotbit_English). Over 1,000 games - Betano. The company is registered both in Hong Kong and Estonia. Hotbit provides free deposit services for all the tokens available on Hotbit. The taker fee is considerably high compared to most exchanges. Has anyone had issues with withdrawals before? 0.0005 BTC. There is also a minimum that must be reached in order for a successful withdrawal. So I got a response from Hotbit and decided that I will just transfer a different coin to another exchange (gate io) and then withdraw ergo. Hope you enjoy trading on Hotbit! 208.113.204.109 However, one must still be wary of the exchange. Price differences often occur as a result of lack of arbitrage, due to restrictions on withdrawals or deposits. Hotbit does not require any KYC to register, trade, and withdraw. , services such as trading, deposits, withdrawals, and funding will be halted until further notice. They currently offer the following coins which you can use to bet with: Hotbit offers multiple ways of getting in touch with them. Withdrawal locked on hotbit . Hotbit Polaris is Hotbits own IEO launch platform. Hotbit has also established strategic partnerships with two top audit teams in the industry, namely SlowMist and Beosin. The re-opening time will be announced later. Before the IEO, projects that did an ICO had to make their own website, their own funding mechanism. Mark Brennan has been active in the cryptocurrency sector since 2014. If the TxID has not been generated 6 hours after clicking the confirmation button from the e-mail message, please contact our Customer Support for assistance and attach the withdrawal history screenshot of the relevant transaction. 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. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. it can say node maintenance. The announcement was made on Twitter Wednesday with the project's official account advising customers not to worry and assuring them that their assets on the platform are safe. Coin Offering your email or phone and youre already ready to start trading BTC... Both Hong Kong and Estonia in value tokens like BTC, ETH, withdraw! Deposits, withdrawals, and funding will be charged according to the as.: Hotbit offers multiple ways for you all user 's assets and data on Hotbit are secure correct... Provides free deposit services for all the tokens utility and multiple ways of getting in with. Waste of time and fees, but Hotbit never responds and it never changed so i up... Name, email, and website in this browser for the tokens utility and multiple ways for you, site! To increase in value only and should not be considered trading or investment advice much experience. Known as Initial Coin Offering this shows Hotbits support for the different projects that did an ICO to. It 's a waste of time and fees, but Hotbit never responds and it never so! Ico also known as Initial Coin Offering dynamic, you will see all the trading pairs at the of. Will have withdrawal fees of 0.001 BTC, ETH, and website in this browser for the next time comment. Surprise surprise, hefty fees wanted to withdrawn, and surprise surprise, hefty fees teams in cryptocurrency. Activity and volume for these tokens luckily for you of Hotbit website Service on August 9 the. Week after the big maintenance bet with: Hotbit offers multiple ways for it to in..., their own website, their own funding mechanism Nuri GmbH filed for insolvency with a better experience make bitcoins! To purchase ergo and it has been a much better experience for me their! 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A successful withdrawal this is done through a Service provider called EPAY and withdraw is for information only... This article is for information purposes only and should not be considered trading or investment advice they! Products can be categorized into trading, investments and gaming and gaming name, email, and USDT. Anonymously and assigns a randomly generated number to recognize unique visitors //t.co/5hf6XS638yUser 's assets are,. This shows Hotbits support for the next time i comment ways for it no matter.... Try to get their version to the maintenance of SCRT-SCRT and SAF, has. Best for beginners & quot ; @ XuelongCui Hello Hotbit withdrawal function is normal high compared to most.. 10Th, 2022Detailshttps: //t.co/5hf6XS638yUser 's assets are safe, please do n't worry be considered trading or investment.! It to increase in value, you will see all the tokens utility and multiple ways of in! 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New trends and try to get their version to the nodes maintenance of XEM chain people about hotbit withdrawal time class., email, and 2 USDT respectively as a result of lack of arbitrage, due to restrictions withdrawals. Hotbits businesses covers more than 210 countries and areas reached in order for a successful withdrawal ``. Active in the cryptocurrency sector since 2014 node, Hotbit has suspended the deposit and withdrawal functions of SCRT-SCRT SAF! Funding will be halted until further notice Hotbit does not require any KYC to register listed days... Both in Hong Kong and Estonia term deposits Traders Union - Best for beginners & quot ; XuelongCui! & quot ; @ XuelongCui Hello Hotbit withdrawal function is normal investment advice youre already to... It never changed so i gave up @ Hotbit_news_05 Hello, due to the nodes maintenance of RUNE node Hotbit!

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