Hotbit stands as a centralized cryptocurrency exchange founded in 2018, giving global users access to more than 500 trading pairs and an extensive lineup of digital assets. Aiming for an international audience—including Russian speakers—the platform features a multilingual interface and supports seamless onboarding for crypto traders worldwide.
Creating an account on Hotbit is straightforward and does not require mandatory verification, allowing users to start trading within minutes. For heightened security, activating two-factor authentication (2FA) and using complex, frequently updated passwords is strongly recommended. The platform implements cold wallet storage, protecting client funds from unauthorized access—a standard among reputable crypto exchanges.
Hotbit offers both spot trading and ETF trading without leverage. The maker fee is set at -0.05%, essentially rewarding liquidity providers, while takers pay a flat 0.2% regardless of volume. Supported assets include top cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Ripple, along with major fiat currencies: USD, EUR, RUB, and CNY.
All deposits and withdrawals on Hotbit are conducted in cryptocurrencies. The withdrawal fee is 0.001 BTC or the equivalent in another chosen coin. Processing times depend on network congestion and can vary accordingly.
Beyond trading, Hotbit offers a suite of investment products: DeFi deposits, crypto lending, and Proof-of-Stake (POS) solutions. These tools provide users with ways to earn passive income from their crypto holdings directly on the platform.
Feedback on Hotbit is generally positive. Users highlight the convenient interface, impressive coin variety, and competitive trading fees. On the downside, some traders mention the absence of a referral program and limited fiat support as areas for potential improvement.
Visit the official Hotbit website, click “Sign Up,” enter your email, and create a strong password. Confirm your registration by following the verification link sent to your inbox.
Makers receive a -0.05% fee rebate; takers pay 0.2%. Withdrawal fees depend on the chosen asset—for Bitcoin, it’s 0.001 BTC.
Hotbit provides limited support for fiat currencies: USD, EUR, RUB, and CNY are available, but deposits and withdrawals are primarily processed in crypto.
Activate two-factor authentication (2FA), use complex and frequently updated passwords, avoid suspicious links, and always check the official website URL before logging in.
The platform features DeFi staking, crypto lending, and POS options—enabling users to grow passive income directly from held assets.
Hotbit delivers a functional, user-friendly crypto exchange experience with a rich selection of assets and modern investment features. The fast onboarding, low trading fees, and robust options for passive income make it an appealing choice for both beginners and seasoned traders. On the other hand, the lack of a referral program and limited fiat support may not meet the needs of every user. Overall, Hotbit is a credible option for anyone seeking a diverse, reliable platform for trading and investing in crypto.
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