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Home » Blog » Hotcoin.com Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?
Best Centralized Exchange List 2025

Hotcoin.com Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?

Cws Team
Last updated: 26/01/2025 11:25 PM
Cws Team
4 years ago
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Disclosure: We are not a registered broker-dealer or an investment advisor. The services and information we offer are for sophisticated investors, and do not constitute personal investment advice, which of necessity must be tailored to your particular means and needs.!
Hotcoin.com Cryptocurrency Exchange Review: It Is Safe Or Legit Exchange?
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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.

Contents
  • About Hotcoin.com
    • Operating Company 
    • How To  Start With HotcoinCryptocurrency Exchange
    • Hotcoin Global Trading fees
    • Hotcoin Global Withdrawal fees
    • Deposit Methods and US-investors
      • Deposit Methods
    • US-investors
    • Hotcoin for Good Coins
      • Stable & Secure
      • Flexible & Convenient
      • Discounts & Promotions

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 NameHotcoin.com
Support24/7
Language0.2%
Transactions Fee0.0005 
Withdraw Fee0.0005 BTC
Taker Fee0.217%
Official SiteHomepage

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.

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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.

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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%.

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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

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ByCws Team
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One of Coinworldstory's longest-tenured contributors, and now one of our editors, Verna has authored over 2600+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.Verna Is team Members of 9 People
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