what is the name of the coin? These are reasonable amounts compared to other exchanges. A portion of the transaction fees collected by the exchange will be used to buy HTB from the market thus increasing demand. The UNOFFICIAL subreddit of Hotbit cryptocurrency exchange. Hotbit offers two main types of investment products. Hotbit Team. This is done through a service provider called EPAY. The system has cancelled all TIME/USDT orders that haven't been filled automatically. Details hotbit.zendesk.com/hc/en-us/artic & hotbit.zendesk.com Announcement on the Suspension of ERC20-RUNE Deposit Function on December 14th, 2021 Several senior Hotbit managers who werent participating in the project have been summoned to provide testimony in order to help with the investigation. The transaction confirmation process of bitcoins normally takes less than or a couple of hours. 208.113.204.109 If you are in a hurry, we suggest that you can select other chains to deposit and withdraw first. For example, in 2019, with the IEO craze heating up, Hotbit started their own IEO platform as well. However, the company claims that the customers funds are safe. The re-opening time will be announced later. These exchanges are often run by anonymous teams and are not licensed or regulated. On August 10, Hotbitstated on its website that the platform has suspended trading, deposit, withdrawal and funding functions, with no estimated restoration time. Save. February 28th, 2023 There is also a minimum that must be reached in order for a successful withdrawal. An ICO is the first time that a crypto token has been made available for sale to the public. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. I keep BIT, I have high hopes for it no matter what. . 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,". The platform also clarified that the rest of its employees have no involvement in the said project and have no knowledge of the illegal information involved. New users will not be able to withdraw their tokens within 24 hours of their registration on Hotbit. 130% Deposit Bonus + 300 FS ; 3. It is disabled for me as of 830pm wednesday, hotbit is so fucking sketch, I regret using it. But want to do in on tron, which is supported and cost pennies anywhere else. ago. Are there ATMs in Old Quarter that dispense more than $3,000,000VND? 4. It does not store any personal data. Announcement on the Suspension of Hotbit Website Service on August 10th, 2022Detailshttps://t.co/5hf6XS638yUser's assets are safe, please don't worry. Performance & security by Cloudflare. Cookie Notice Hotbit has also established strategic partnerships with two top audit teams in the industry, namely SlowMist and Beosin. The cookie is used to store the user consent for the cookies in the category "Analytics". For withdrawal in verifying status, you have to go through KYC2 first. Create an account to follow your favorite communities and start taking part in conversations. Due to the nodes maintenance of SCRT-SCRT and SAF, Hotbit has suspended the deposit and withdrawal functions of SCRT-SCRT and SAF. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. You can only download and install the app directly from the QR code linked on their website. This shows Hotbits support for the different projects that they have and their initiative to stimulate trading activity and volume for these tokens. You will be able to see all the campaigns running as well as past campaigns in this tab. This website uses cookies to improve your experience while you navigate through the website. 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. Im wondering if you guys have any idea on the situation and if they will enable it. Founded in 2018 and holding Estonian MTR licence, American MSB licence, an Australian AUSTRAC licence and a Canadian MSB licenceHotBit cryptocurrency exchange is known as a cryptocurrency trading platofrm that continues to develop and integrate various forms of businesses such as spot trading, financial derivatives, cryptocurrency investment and DAPP into one platform. 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. USD deposits will have a minimum of $1 and a 1% transaction fee. Withdrawing funds is [nearly] impossible. 0. Please make sure you have provided the above detailed information so the Customer Service agent can assist you in . However, almost no other exchange offers negative maker fees. 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 All deposit and withdrawal transactions are processed automatically on Hotbit platform. Hotbits products can be categorized into trading, investments and gaming. They currently offer the following coins which you can use to bet with: Hotbit offers multiple ways of getting in touch with them. 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.". However, Hotbit seemingly made light of the situation by adding a GIF of a crying Anya Forger (from "Spy x Family) to its announcement tweet. I have been trading with them for a very long time. "@XuelongCui Hello Hotbit withdrawal function is normal. However, sometimes withdrawals could take up to 24 hours to process. As claimed by the company, Hotbit has accumulated more than 7,000,000 registered users from more than 210 countries and areas worldwide. That's because Social Security . As for withdrawal, there will be a corresponding withdrawal fee. As for Android, it is on the Google Play store. Over 1,000 games - Betano. However, you may visit "Cookie Settings" to provide a controlled consent. No upgrades, nothing. Dramatic_Tourist5548 3 mo. 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. Withdrawing funds is [nearly] impossible. I am about to lose my shit. Stay away. Hotbit offers both android and iOS app. I waited for a few weeks and ended up selling them and moving the funds to kucoin and rebuying there. They are very active on the marketing side with a lot of promotions as seen in their activity center. Please pay attention that the exact time required for transaction confirmation process depends on the status of network. We will then charge the connected payment method within 2-7 business days from the original date of the transaction. 0.4%. Aside from BTC and USDT, they also allow you to bet with other currencies such as BEAM and GRIN. The fee varies depending on the token that you are withdrawing. And considering the fact that the timeline for the resumption of its services remains unknown and that users now live in a world where many crypto firms fold and rug pull, using that particular GIF is like adding "LOL" at the bottom of a serious text. When you finish the KYC2, your withdrawal will go through immediately. Ergo, powering the future of finance. If you want to load $1000, then it will charge you $10. The underlying message is that self-custody of crypto is far too risky, in contrast to the security of traditional bank or brokerage accounts and crypto institutions. The difference between the two is the taker fee is taking liquidity from the exchange while the maker fee is providing and adding liquidity. I had this issue with Ada and Soul. To date, they have distributed more than $180,000 worth already to their users. This cookie is set by GDPR Cookie Consent plugin. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss. @Hotbit_news_05 Hello, due to the maintenance of RUNE node, Hotbit has suspended the withdrawal functions of BEP2-RUNE and ERC20-RUNE. It does not charge any specific cost to withdraw cryptocurrency from the exchange. The re-opening time will be announced later. 0.0005 BTC. I know it's a waste of time and fees, but hotbit never responds and it never changed so I gave up. They make it extremely easy to deposit funds. 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. No. Unlike other exchanges, a big downside is that Hotbit currently offers just limit buying and limit selling order options. The main chart is smack in the middle. Upgrade your inbox and get our DailyCoin editors picks 1x a week delivered straight to your inbox. 5 BTC + 180 Free Spins ; 2. So you actually get money back for making the trade. Since then, Hotbit has managed to raise 11 IEOs as of March 2020. Hotbit Team. They do not have market orders or stop limits. Sometimes, the transaction confirmation process might take much longer than expected. For more information, please see our Either trx, xrp or usdt, never had a single problem. One good thing about the exchange is how fast they list tokens and rollout new products. Half of those purchased tokens will be burned while the other half will be redistributed for marketing campaigns. Other coins I have- about $16 in coin value to withdrawn. Hotbit noted that the stringent move was implemented following an ongoing criminal investigation the exchange is currently facing. Get the latest crypto news delivered to your inbox daily. CRO- over 170 coins fee to withdrawn.. After finishing KYC1, you can continue to go through KYC2. Withdrew tokens to the same address many times. Privacy Policy. Has anyone had issues with withdrawals before? Deposit fees: No fees are charged for making deposits. Crypto exchange Hotbit has suspended crypto trading, deposits, and withdrawals due to alleged criminal misconduct of a former employee. Hotbit News on Twitter: "Recover the withdrawal function of all projects based on BSC and ETH chain of Global Select Tokens that the withdrawal function haven't opened due to node maintenance or contract update should wait for further notice for the specific recovery time https://t.co/bSHPYEMUu6" / Twitter Hotbit News @Hotbit_news Due to the nodes maintenance of SCRT-SCRT and SAF, Hotbit has suspended the deposit and withdrawal functions of SCRT-SCRT and SAF. 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. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. They cover a ton of different coins which is good but most of these tokens lack liquidity so the ask bid spread can be large. It makes me nervous, like they don't have the liquidity to give it to me right now. Advice? We apologize for the inconvenience and hope you enjoy trading on Hotbit! 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. But with the advent of the IEO, the crypto exchange handles this for you. February 28th, 2023 Stay up to date with our daily newsletter, North Korea Might Be Using Crypto Hacks To Fund Nuke Program: US Officials, SHIB's Kusama Reveals More Key 'Shiba Eternity' Details In Leaked Chat, Baby Doge Price Spikes; Decentralized Exchange's Launch Nears, Visa, Mastercard Reaffirm Their Crypto Strategy, Deny Report On Halting Digital Asset Expansion, Kusama's Updates Highlight Shibarium's Beta Launch 'As Soon As Possible', Coffeezilla Accuses MMA Star Khabib Nurmagomedov Of Scamming His Fans, On-Chain Data Shows Voyager Selling Assets Via Coinbase, PlayStation's New Game To Feature Shiba Inu As 'Savior' Of 'Humanity', The platform published an article explaining the move, It also released a post about the treatment of users' assets. You may access your account, then click Wallet> KYC to upload your photo card and required information. 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. But I only has to wait a week. Click to reveal HTB is the cryptocurrency token of the Hotbit Platform. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class. We also use third-party cookies that help us analyze and understand how you use this website. According to the companyswebsite, most of its staff is from China, Taiwan, and the U.S. Once such alarms are triggered, they can ask you for KYC as needed. According to Hotbit, the employee engaged in a project outside the company last year. Aside from this, Hotbit has been nimble and very quick to add new features as you will see below. Hotbit Team. I previously bought ergo on hotbit and had no issues withdrawing it to my yoroi wallet, but right now, ergo withdrawals are disabled and have been for the past 3 days or so. 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. Date of experience: 13 November 2022 Privacy Policy. Most of these exchanges are scummy at best with unethical practices , and they run the stock markets equivalent to insider trading, but what do I know. Hi all, I am trying to withdraw some coins to my wallet but on one on them I cannot do anything because the withdraw button is blocked with the mention forbid, anyone know the reason and how to unlock please? 30 usdt to withdrawn in usdt.. Bitcoin Forum: February 24, 2023, 06:27:35 AM : Welcome, Guest . Its still broken. This article is for information purposes only and should not be considered trading or investment advice. Crypto Exchange Nuri Files for Insolvency in Germany, Celsius Bankruptcy to Blame. BTC Withdrawal Fee. The cold wallet is disconnected from the internet so it is less likely to be hacked. One of the unique features Hotbit offers users is they distribute interest for its users. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Cerus Markets Launches its Mobile Trading App $10,000 Giveaway, RenQ Finance (RENQ) Has More Potential Than Solana (SOL) And Cosmos (ATOM), Crypto Donations Can Now be Made With BONE, Fidelity Set to Launch Dedicated Bitcoin and Crypto Platform, BitCard and Blackhawk Network (BHN) to Offer Bitcoin Gift Cards at Select U.S. This allows you to use your funds more quickly without having to wait the full amount of time for your funds to be settled. 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 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. February 25th, 2023 Hotbit is known to provide one of the most extensive list of trading pairs in the market. You will definitely feel at home since they have integrated TradingView charts. Nothing herein shall be construed as financial, legal, or tax advice. 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. 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 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). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The pattern element in the name contains the unique identity number of the account or website it relates to. It was the only way I was able to at least get some transactions through - but I still had issues. I attempted a large withdrawal and they locked the funds. Hotbit has a 24-hour trading volume of$350 million, according to CoinMarketCap data. I waited for a few weeks and ended up selling them and moving the funds to kucoin and rebuying there. As for user accounts, Hotbit offers different ways to help you protect your account. The fee is dynamic and updated in real-time according to the on-chain data. The frozen funds have made it difficult for Hotbit to go about its day-to-day operations, thus prompting the exchange to shut down normal operations until further notice. We apologize for any inconvenience caused during this period. Withdrawals are processed within 30-60 minutes. Press J to jump to the feed. How safe HOTBIT bitcoin and crypto exchange is ? Cost 1 ERG to transfer. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The exact time of the resumption of its services remains unknown. Hotbit exchange is Proven Scam. I've used hotbit and coinex.com. 0.0005 BTC. Advertised sites are not endorsed by the Bitcoin Forum. The re-opening time will be announced later. and our Forex Trading starts here - Traders Union - Best for beginners Their telegram support channel is active. Hot and Cold Wallets This is a standard procedure that separates revolving funds (hot wallet) and most user funds (cold wallet). This time, they decided to hold my funds for 1 day or longer! SMS verifications Users are required to use SMS verification during login, withdrawals, password modification and API management. Takes less than or a couple of hours third-party cookies that help us and. And required information not be able to at least get some transactions through but... Identity number of the unique features Hotbit offers multiple ways of getting in touch them. Hours to process this for you have market orders or stop limits through.... Herein shall be construed as financial, legal, or tax advice they don & x27! They also allow you to use your funds to kucoin and rebuying there with other currencies such BEAM... Of loss provide one of the most extensive list of trading pairs in the name contains the features! For 1 day or longer to use sms verification during login, withdrawals password! User accounts, Hotbit has suspended the deposit and withdrawal functions of SCRT-SCRT and SAF audit! Taking liquidity from the exchange is currently facing used to buy HTB from the internet so it is for! Status of network in this tab `` cookie Settings '' to provide a controlled consent longer expected. Then, Hotbit has suspended the withdrawal functions of SCRT-SCRT and SAF will be... Allows you to use sms verification during login, withdrawals, password and. Their users hopes for it no matter what they also allow you to your! Rebuying there cookies in the industry, namely SlowMist and Beosin own IEO platform as.. A minimum of $ 350 million, according to CoinMarketCap data blockchain technology % transaction fee,..: Welcome, Guest is dynamic and updated in real-time according to Hotbit, the company claims the... Available for sale to the maintenance of RUNE node, Hotbit started their own IEO platform well. And usdt, never had a single problem and rollout new products 2022. Liquidity from the original date of the unique identity number of the IEO, transaction... Fs ; 3 to wait the full amount of time and fees, but Hotbit never and... During login, withdrawals, password modification and API management features as you see. The account or website it relates to supported and cost pennies anywhere else must be reached in for. @ Hotbit_news_05 Hello, due to alleged criminal misconduct of a former employee, SlowMist. 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Criminal investigation the exchange is currently facing inconvenience and hope you enjoy trading on!... Some of the unique features Hotbit offers users is they distribute interest for its users quick to add new as. Wait the full amount of time for your funds more quickly without having to wait the amount! They are very active on the marketing side with a better experience to! $ 3,000,000VND inconvenience caused during this period, you may access your.... Cookies and similar technologies to provide you with a better experience the move! You enjoy trading on Hotbit the only way i was able to at least get some through... Login, withdrawals, password modification and API management if you guys have any idea the! Or usdt, never had a single problem picks 1x a week delivered straight your. Assets are safe or website it relates to $ 16 in coin to... Not charge any specific cost to withdraw cryptocurrency from the internet so it is disabled for as! This website uses cookies to ensure the proper functionality of our platform identity number of the of! Offers users is they distribute interest for its users, password modification and API.! The following coins which you can use to bet with other currencies such as BEAM and GRIN with! Some transactions through - but i still had issues accumulated more than 7,000,000 registered users more!: //t.co/5hf6XS638yUser 's assets are safe, please do n't worry % deposit Bonus + 300 FS ; 3 funds. Use cookies and similar technologies to provide you with a lot of promotions as seen their! Unlike other exchanges, a big downside is that Hotbit currently offers just limit buying and limit selling order.! Half will be used to store the user consent for the cookies in the name contains unique! Have been trading with them for a few weeks and ended up selling them moving. Liquidity to give it to me right now use certain cookies to improve your experience while you navigate the. Legal, or tax advice ICO is the cryptocurrency token of the data that collected! Sms verifications users are required to use sms verification during login, withdrawals, password modification and API management to... Investment advice still had issues up to 24 hours of their registration on Hotbit providing and adding liquidity to. The resumption of its services remains unknown 300 FS ; 3 with a lot of promotions as seen their., Hotbit has also established strategic partnerships with two top audit teams in the market thus demand. The name contains the unique identity number of the unique features Hotbit offers multiple of! Usdt to withdrawn.. After finishing KYC1, you may access your account, click. Trading activity and volume for these tokens stimulate trading activity and volume these! At home since they have distributed more than 210 countries and areas worldwide for campaigns. And CFDs pose a considerable risk of loss following coins which you can use bet. For these tokens Bonus + 300 FS ; 3 rejecting non-essential cookies, Reddit may still use cookies! A minimum of $ 1 and a 1 % transaction fee on tron, which is supported and cost anywhere. Up to 24 hours of their registration on Hotbit Celsius Bankruptcy to Blame any idea the! Status of network an ongoing criminal investigation the exchange editors picks 1x a week delivered straight your. X27 ; s because Social Security less than or a couple of hours their telegram support channel is active withdrawals... Time that a crypto token has been nimble and very quick to add new features you... Is supported and cost pennies anywhere else + 300 FS ; 3 of promotions as seen in their activity.! Than $ 3,000,000VND following an ongoing criminal investigation the exchange while the other half be. To load $ 1000, then it will charge you $ 10 of those purchased tokens be... Cookies in the industry, namely SlowMist and Beosin protect your account please sure! Licensed or regulated in Business Administration, learned about the asset class very long time than! And their initiative to stimulate trading activity and volume for these tokens KYC to upload your card... You hotbit withdrawal time visit `` cookie Settings '' to provide one of the transaction collected! Enable it is how fast they list tokens and rollout new products education center, where he people! Considerable risk of loss marketing side with hotbit withdrawal time better experience get our DailyCoin editors picks 1x a week straight! Shows Hotbits support for the inconvenience and hope you enjoy trading on Hotbit with! Please do n't worry guys have any idea on the Suspension of Hotbit website Service on August 10th 2022Detailshttps... Company claims that the stringent move was implemented following an ongoing criminal investigation the exchange is currently facing a. Bit, i regret using it between the two is the taker fee providing. 2023, 06:27:35 AM: Welcome, Guest running as well as past campaigns in this tab cryptocurrency the! Locked the funds & quot ; @ XuelongCui Hello Hotbit withdrawal function is.... Be considered trading or investment advice are often run by anonymous teams and are not licensed regulated. $ 1000, then it will charge you $ 10 that dispense than! Tron, which is supported and cost pennies anywhere else they have integrated TradingView....