HitBTC
| HitBTC | |
| |
| Founded | 2013 |
|---|---|
| Headquarters | Hong Kong |
| Products | Cryptocurrency Exchange |
| @hitbtc | |
| Page | |
| Website | HitBTC Home |
| Blog | HitBTC Blog |
HitBTC was at one time one of the largest cryptocurrency trading platforms in the world, according to data published by CoinMarketCap. It offered 687 cryptocurrency pairs for trading, including many against the USD Tether. On June 6, 2018, HitBTC was ranked Number 5 by CoinMarketCap in dollar value of transactions.[1] Through an affiliation with a third party, Weltrade, HitBTC also offers cryptocurrency margin trading with leverage between 1:3 and 1:10.[2]
HitBTC is operated by a Hong Kong company called HIT Solutions Limited,[3] although the HitBTC website includes no additional information about the company.[4]
On June 3, 2017 HitBTC announced that it was suspending its business with Japanese residents pending its application to the Japanese Financial Services Agency for registration as a cryptocurrency exchange, which was planned for the third quarter of 2017.[5]
References[edit]
- ↑ 24 Hour Volume Rankings (Exchange). CoinMarketCap.
- ↑ Homepage. Weltrade.
- ↑ Legal Information. HitBTC.
- ↑ Website. HitBTC.
- ↑ HitBTC is preparing to launch a regulated subsidiary in Japan. HitBTC.