HitBTC is a multi-faceted cryptocurrency exchange and trading platform with support for over 150 tradable digital assets, including cryptocurrencies, tokens and initial coin offerings (ICOs). Catering to a worldwide user base, HitBTC was started in 2013 with 6 million euros in venture capital funding.
Since its inception, HitBTC has continued to add new currencies and tools to its platform, including an ICO feature that facilitates adding tokens to the exchange.
Creating a general account and getting started with HitBTC is free. There are no fees or limits for depositing cryptocurrencies on HitBTC, but users depositing fiat currency (USD or EUR) will be charged a fee depending on the size of their deposit and the currency used. Relatively low fees are charged by the platform on trades. Immediate transactions incur a 0.1% execution fee, while non-immediate transactions are granted a 0.01% rebate.
Withdrawing cryptocurrencies from HitBTC is free, minus the typical network fee for the respective currency. However, withdrawing fiat from the platform does come with some fees, again depending on amount and type of currency.
In order to buy bitcoin with fiat currency (USD or EUR) through HitBTC, you will need to verify your account. To sign up for a general account with HitBTC cryptocurrency, you can simply visit the site and register using an email address and password. The site will likely require you to confirm your email address before activating your account. With a general account, you can deposit, trade, and withdraw cryptocurrencies without any further steps. To fund your account with fiat, you will have to go through the verification process.