Price differences often occur as a result of lack of arbitrage, due to restrictions on withdrawals or deposits. I reached HotBit months after the hack, so I'm sorry if any of you had any problem with it but all I can do is share my experience. HTB is the cryptocurrency token of the Hotbit Platform. I am about to lose my shit. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. One thing Hotbit does is they actually raise in two ways, one is in USDT, and the other is in HTB, the exchanges own cryptocurrency. You will see all the trading pairs at the left side while on the right you will see the order books. 2.Withdrawal After logging in your account on Hotbit, click "Fund-Withdrawals" on the top right corner and you can withdraw your assets from your Hotbit account. The current suspension of services is not a first for the firm since it did the same in April last year due to a "serious hack" on its platform. The start-up crypto bank was serving 500,000 customers. Hotbit Polaris is Hotbits own IEO launch platform. No. I keep BIT, I have high hopes for it no matter what. 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. While there is no timeline for the resumption of its services yet, the platform assured everyone that it is "working hard to continue to cooperate and follow up on the progress of the investigation by law enforcement authorities," adding that it will "announce the results of the investigation; as soon as they are available. The company is registered both in Hong Kong and Estonia. This greatly incentives users to increase liquidity in the exchange. The cookies is used to store the user consent for the cookies in the category "Necessary". You also have the option to opt-out of these cookies. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. 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. This shows Hotbits support for the different projects that they have and their initiative to stimulate trading activity and volume for these tokens. The law-enforcement authorities have frozen some of the firms funds during a criminal investigation. They make it extremely easy to deposit funds. Withdrew tokens to the same address many times. The UNOFFICIAL subreddit of Hotbit cryptocurrency exchange. If you are in a hurry, we suggest that you can select other chains to deposit and withdraw first. No explanation next to it but you are right node maintenance thank you for your feedback and help. Trust score for this exchange is much lower than other exchanges. This service is available for the following tokens: BTC, USDT, ETH, ALGO, ATOM, BHD, BTM, DASH, EDG, FSN, IOST, IOTX, IRIS, KSM, MDU, ONT, PCX, SERO, TOMO, USDX, VSYS, XZC, ZEL. If youre afraid of sharing details about yourself, youre in luck. ", The firm also released an article containing details about the treatment of users' assets during the suspension, which includes the cancellation of unfilled open orders to "prevent loss due to market fluctuations." Just enter the code sent to your email or phone and youre already ready to start trading. But I only has to wait a week. Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin. An ICO is the first time that a crypto token has been made available for sale to the public. When you finish the KYC2, your withdrawal will go through immediately. Inactivity Fee. HOTBIT Exchange Reviews and Rating 2020. Is this like being homesick from the shire? 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. The fee varies depending on the token that you are withdrawing. FOLLOW MORE IBT NEWS ON THE BELOW CHANNELS, IBT Fast Start - Let the best of International News come to you. Announcement on the Suspension of Hotbit Website Service on August 10th, 2022Detailshttps://t.co/5hf6XS638yUser's assets are safe, please don't worry. Just having on your wallet already allows you to start earning from those tokens. Hotbit Withdrawal Setting - YouTube Hotbit account registration linkhttps://www.hotbit.io/register?ref=3953764Join my telegram group:. You can only download and install the app directly from the QR code linked on their website. One of the unique features Hotbit offers users is they distribute interest for its users. I'd contact their support team. 0.0005 BTC. I gave up on Hotbit and moved to Coinex. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Other coins I have- about $16 in coin value to withdrawn. The IEO was launched on April 7 2019 and was quickly listed 2 days after. This cookie is set by GDPR Cookie Consent plugin. This is done through a service provider called EPAY. They have over 500,000 registered users from more than 170 countries and areas all over the world, among which 90% are non-Chinese users. I've been using hotbit to purchase ergo and it has been working fine until this week after the big maintenance. Hotbit Team. Hotbit has a 24-hour trading volume of$350 million, according to CoinMarketCap data. Press question mark to learn the rest of the keyboard shortcuts. All of these vary depending on the token you are locking with. Its still broken. You have entered an incorrect email address! Create an account to follow your favorite communities and start taking part in conversations. $ 50 max withdrawal. If you pay close enough attention they normally do that when a arbitrage opportunity is available, I just found a %6.8 price difference with a particular coin and the cheaper one being on HOTBIT, guess what you cant do , buy it and transfer it out of HOTBIT to make a little profit . If you place an order and it floats on the exchange, it means youre on the maker side. Create an account to follow your favorite communities and start taking part in conversations. The main chart is smack in the middle. Hotbit provides free deposit services for all the tokens available on Hotbit. Paulina is a writer, reporter, and digital craftswoman. . . But opting out of some of these cookies may affect your browsing experience. The tweet itself didn't say much about the suspension, but it contained a link to an article explaining the main reason behind the decision. For more information, please see our According to Coingecko, Hotbit has 791 trading pairs for 398 coins in total. The action you just performed triggered the security solution. We will then charge the connected payment method within 2-7 business days from the original date of the transaction. 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. To save costs, users can wait to withdraw when the gas fee is low. 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," due to an ongoing investigation that involves its former employee. However, sometimes withdrawals could take up to 24 hours to process. Withdrew tokens to the same address many times. According to the companyswebsite, most of its staff is from China, Taiwan, and the U.S. March 2nd, 2023 The announcement was made on Twitter Wednesday with the project's official account advising customers not to worry and assuring them that their assets on the platform are safe. Hotbit is a decent mid tier exchange that has a decent volume of users and trading volume. An ICO is the first time that a crypto token has been made available for sale to the public. If you are trading on Hotbit, it is advised to stick with their website version as their apps are still buggy and the iOS app is not officially listed on the App Store. The fee is dynamic and updated in real-time according to the on-chain data. Over 1,000 games - Betano. No degen is secure. Ergo, powering the future of finance. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. You can email the site owner to let them know you were blocked. Most activities fall into one of these categories: trading competitions, giveaways, and events. As for the income from users' investment products, customers have been assured that Hotbit will distribute it "normally," with users' compensation plans scheduled to be published as soon as the website services resume. Based on this unfortunate development, law enforcement agents have subpoenaed several Hotbit senior employees since last month. Hotbit employed the worker until April. If you pay close enough attention they normally do that when a arbitrage . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The subsidy halves every four years and will reach 0 in about 130 years. Going on 4 days now. Twitter sets this cookie to integrate and share features for social media and also store information about how the user uses the website, for tracking and targeting. These cookies will be stored in your browser only with your consent. All Rights Reserved. Cost 1 ERG to transfer. 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. The grim reaper is stalking crypto markets. The US Securities and Exchange Commission, or SEC, has indeed taken . Privacy Policy. The cookie is used to store the user consent for the cookies in the category "Other. More about Celsius bankruptcy: Cloudflare Ray ID: 7a17086488a33aea However, the company claims that the customers funds are safe. You may access your account, then click Wallet> KYC to upload your photo card and required information. 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. Her educational background extends from anthropology to IT & multimedia. Hotbit noted that the stringent move was implemented following an ongoing criminal investigation the exchange is currently facing. If you are in a hurry, we suggest that you can select other chains to deposit and withdraw first. This is still a good amount of volume. I had this issue with Ada and Soul. 1 tomtomfreedom 2 yr. ago Yes. But want to do in on tron, which is supported and cost pennies anywhere else. The support answers within 10 minutes and withdrawing has never been a problem even on blocks of 10k each time. Save my name, email, and website in this browser for the next time I comment. Hotbit also has a comprehensive FAQ section on their website. These are reasonable amounts compared to other exchanges. AAll deposit and withdrawal transactions are processed automatically on Hotbit platform. Here, it goes through an internal layer where they find excuses to hang onto your money up to weeks without any reason. Leading cryptocurrency exchange Hotbit has announced that it will be suspending some of its important services indefinitely. About the treatment of user's assets on Hotbit during the suspension time, please click here . Mar 1, 2023, 10:36 PM. One good thing about the exchange is how fast they list tokens and rollout new products. Hotbit Team. The re-opening time will be announced later. 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 Aside from BTC and USDT, they also allow you to bet with other currencies such as BEAM and GRIN. 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. And help coin value to withdrawn time, please click here BIT, i hotbit withdrawal time... Is the first time that a crypto token has been working fine until week. In conversations exchange Commission, or SEC, has indeed taken gave up on Hotbit.... Set by GDPR cookie consent plugin increase liquidity in the exchange is the cryptocurrency token of the transaction weeks any... 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