What is Hotbit?
Hotbit exchange, founded in 2018 by Marcy Boyle, is one of the most popular cryptocurrency exchanges, with extensive features, a mobile app, and an easy-to-use user interface. This exchange has teamed with various well-known blockchains technology industry partners such as Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist to provide traders and investors with a secure, stable, and feature-rich trading environment. Since its inception, this bitcoin trading platform has attracted more than 7 million active users from more than 170 countries. Hotbit placed first among all exchanges in terms of the number of types of cryptocurrency projects offered, according to CoinMarketCap, with 1559 trading pairs listed in total.
Hotbit began distributing daily current deposit interests to its users, making it the first cryptocurrency exchange in the world to do so without requiring users to lock up or freeze their tokens. Hotbit accepts a wide range of cryptocurrencies (although there are exchanges with an even wider choice of coins). Before they were listed on Binance, Huobi, and other major exchanges, some of them were previously supported by Hotbit.
The distribution of current daily deposit interests among users is one of Hotbit's unique characteristics. This feature does not necessitate a freeze of the user's assets, making it extremely convenient. Bitcoin, Ethereum, ATOM, DASH, and a variety of other currencies are used to distribute interests.
There are seven markets in the Exchange tab. USDT, BTC, ETH, EOS, HTB, ATOM, and BHD markets are among them. BTC may be exchanged for over 250 other currencies. The graphs are rather rudimentary.
Users can customize the candlestick graph by adding other indicators. They can also display the Commodity Channel Index, Net Volume, and a variety of other tools, as well as adjust the candles for hollow candles. Prices (24h high, 24h low, 24h volume, 24h change, and Last Price) are displayed above the graph. In general, the execution is simple. Users have the option of placing limit orders or selecting from the order book. There's also a "Lazy Mode" that allows you to exchange assets rapidly but not always at the lowest price. The majority of the currencies on Hotbit are exchanged for BTC and ETH.
The exchange platform provides a 24/7 online customer support and is available on mobile apps.