About Hotcoin.com
Hotcoin.com GLOBAL is the digital asset exchange platform offering service globally, it is belonging to Hot Block Chain Technology Co.,Ltd. that under the headquaters of Australia HOTCOIN GLOBAL EXCHANGE PTY LTD.The headquarters is located in Sydney,Australia, and they have the dual company licences granted by AUSTRAC for digital currency tradings & foreign currencies exchange.
Hotcoin Cryptocurrency Global is focus on the digital asset exchange trading services and blockchain technology innovative R&D, providing a more safely , convenient and faster digital asset exchange trading services for global users, we’re devoted to creating a world’s premier blockchain asset trading platform.
Hotcoin Global is one of the global largest user growth service platform which is insisting on building a “globalization, openness, and service-leading ” brand in blockchain asset service industry.
Operating Company
Exchange Name | Hotcoin.com |
Support | 24/7 |
Language | 0.2% |
Transactions Fee | 0.0005 |
Withdraw Fee | 0.0005 BTC |
Taker Fee | 0.217% |
Official Site | Homepage |
How To Start With HotcoinCryptocurrency Exchange
To Start Trading With Hotcoin Cryptocurrency Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.
Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Exchange Website.
Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.
Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.
Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.
Step 5. Click On The “Confirm Email” Link In The Activation Email.
Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Hotcoin Cryptocurrency Exchange .
Hotcoin Global Trading fees
Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges divide between takers and makers. Takers are the one who “take” an existing order from the order book.
Hotcoin Global charges what they call flat fees, meaning that both the takers and the makers pay the same fee. In this case, that fee is 0.20%. These flat fees are quite in line with, or slightly above, the global industry averages for centralized exchanges. In the largest and most recent empirical study performed on industry average crypto trading fees, they found that the industry average spot trading taker fee was 0.217% and the corresponding spot trading maker fee was 0.164%. Here, as you recall, they are both set at 0.20%.
Consequently, Hotcoin Global’s trading fees are slightly below average for the takers and a bit higher than average for the makers.
Hotcoin Global Withdrawal fees
Hotcoin Global charges a withdrawal fee of 0.0005 BTC per BTC-withdrawal. The current global industry average is 0.000643 BTC per BTC-withdrawal according to this report, which is the latest such report prepared on the subject to our knowledge. Accordingly, the withdrawal fees charged by this platform are competitive.
Deposit Methods and US-investors
Deposit Methods
In order to trade here, you must have cryptocurrency to begin with. The only asset class you can deposit to Hotcoin Global is cryptocurrency. However, if you really like Hotcoin Global but you don’t have any crypto yet, you can easily start an account with an exchange that has “fiat on-ramps” (an exchange where you can deposit regular cash), buy crypto there, and then transfer it from such exchange to this exchange. Use Exchange Filters to easily see which platforms that allow wire transfer or credit card deposits.
US-investors
Why do so many exchanges not allow US citizens to open accounts with them? The answer has only three letters. S, E and C (the Securities Exchange Commission). The reason the SEC is so scary is because the US does not allow foreign companies to solicit US investors, unless those foreign companies are also registered in the US (with the SEC). If foreign companies solicit US investors anyway, the SEC can sue them.
There are many examples of when the SEC has sued crypto exchanges, one of which being when they sued EtherDelta for operating an unregistered exchange. Another example was when they sued and claimed that the stablecoin Tether (USDT) was misleading investors. It is very likely that more cases will follow.
Hotcoin for Good Coins
Stable & Secure
The global top 10 Exchange with bank-level security protection,
Flexible & Convenient
Support fiat deposit/withdrawal within minutes.
Discounts & Promotions
Plentiful discounts with big bonus