As cryptocurrency grows in popularity, more and more exchanges are being created for buying, trading and selling different cryptocurrencies. This makes it more and more difficult to decide which exchange you’re going to use. Some are aimed at beginners, while others are better for more advanced traders. So, it’s important to know which exchange is right for you!
This Hitobitex.com review will give you a complete overview of the exchange. Once you have read this, you will have a good understanding of whether it is the right exchange for you. There will also be a step-by-step guide on how to create an account, deposit, and withdraw coins.
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Fun Fact: The technology supporting Hitobitex can process up to 1.4 million transactions per second!
How to Use Hitobitex
As Hitobitex.com has become one of the most popular exchanges to buy, trade, and exchange cryptocurrencies, there are lots of trades happening all the time. We are now going to show you how to use exchange! First, I’ll explain how you can open a new account!
How to Open an Account at Hitobitex?
- Visit Hitobitex and then click on “Register“.
- You will need to enter your email address and choose a strong password. Don’t forget it!
- When you log in for the first time, a notification will ask you if you want to set up two-factor authentication.
How to Deposit Funds at Hitobitex?
In our Hitobitex.com review, we explained earlier that the exchange does not allow customers to deposit using popular payment methods, such as a debit or credit card. This means that you will need to deposit with a cryptocurrency. The easiest way to do this is with Bitcoin (BTC) or Ethereum (ETH), as there are other exchanges that allow you to buy them easily with fiat money.
- Click on Deposit in your profile page.
- Select Deposits Coin and type in If you want to deposit using a different cryptocurrency, simply enter its code. For example, if you wanted to deposit with Ethereum, you would enter ETH.
- You will now be shown your unique deposit address.
- You now need to copy the deposit address.
- Now you need to go to your cryptocurrency wallet and transfer the number of Bitcoins you want to send to your Hitobitex account. It is very important that you send the coins to the correct deposit address. Make sure you double-check the address after copy and pasting it.
Once you send the coins, your Hitobitex.com should receive them within 10 minutes. To check that they have arrived, move your mouse over Funds and click on Balances. Congratulations, you have now funded your Hitobitex exchange account!
Important: Each cryptocurrency has a different deposit address! For example, if you try to send Ethereum (ETH) to your Bitcoin (BTC) address, you could risk losing your Ethereum!
- How to Withdraw from Hitobitex
- Verify your account if you have not already. You can write to online support and they will explain to you how to do it.
- Find a button Withdraw and click on it.
- Select Withdrawal Coin and enter the cryptocurrency you would like to withdraw.
- Now, enter the wallet address that you want to send your coins to.
- Finally, enter the number of coins you want to withdraw, and click on the Submit
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