HitBTC is becoming an official EOS BP candidate

Dear HitBTC traders,

We are excited to announce that HitBTC is becoming an official EOS BP candidate.

HitBTC is the world’s most advanced cryptocurrency exchange. Since 2013, we have been providing markets for Bitcoin, Ethereum, Litecoin, Dogecoin, Monero, USDT and over 300 more cryptocurrencies in total.

EOS’s core vision and values—a can-do attitude and focus on community—align with our own. This is why we want to enrich the EOS ecosystem by using the power of our technical expertise, and the worldwide reach of our community.

The HitBTC’s global-reaching user base can help imparting the ideas of EOS around the world. We also count with the advantage of having spent years monitoring the market and having learned through experience how to provide quality service and meet user needs. With our hands-on experience and our worldwide community network in place, it will be easy for us to share the ideas of EOS.

We are among the leaders in high load software performance. Our state of the art platform is capable of handling massive throughput at extremely low latencies, and our highly skilled software engineers excel at solving complex tasks on a day-to-day basis. An international team of our technical experts will support all EOS ecosystem.

Just like EOSIO, HitBTC is a state of the art platform. With security and smooth performance being our key focuses, we aim to continue this tradition as a Block Producer, while maintaining and enhancing EOSIO as well.

Founded in 2013, HitBTC is one of the pioneer exchanges, standing at the origins of the crypto world, which we helped to build. Having the philosophy “only the sky is the limit” in mind, we aim to keep building higher. We have the technical knowledge, global loyal user base and manpower to take EOS to the next level of development.

Wishing you happy trading,

HitBTC team

Name BP: Hitbtcproduc
Website: https://hitblockproducer.com
Twitter: https://twitter.com/hitbtc
Facebook: https://facebook.com/hit.btc
English Telegram: https://t.me/EN_HitBTC
Spanish Telegram: https://t.me/ES_HitBTC

HitBTC custodial service proves its security and reliability yet another time

The decision to disintegrate Bitcoin Private (BTCP) coin from HitBTC platform was made after we’ve determined project’s incapability to protect its blockchain users and partners from the consequences of the arguable Coin Burn decision.

Our team reached out to BTCP developers team with a request to help moving BTCP coins from a wallet that would not be safeguarded from a coin burn, however they could not provide us a reliable secure instrument to move the funds from the segwit addresses before the hard fork, which resulted in them burning a part of the funds still remaining in our custody. Never in the history of our platform our users have lost the funds kept in our custody and this is the practice we don’t ever want to disrupt. Therefore, HitBTC has compensated all the custody losses.

This situation is a good example of how important it is not to change the rules in existing blockchains if those changes can have a negative impact on the users.

BTCP withdrawals from HitBTC are open and all users holding BTCP on their accounts can take all the assets out at any moment.

VRA integration and trading contest announcement

 

VRADear traders,

We are very glad to welcome $VRA by Verasity on HitBTC exchange. Verasity is a platform to host streaming videos that will reward both their creators and viewers with an internal cryptocurrency. The platform’s features include a “proof of view” verification that monitors users’ interest, advertising that pays users for their attention, and the opportunity for viewers to fund their favorite creators by purchasing a share of their future earnings. The Verasity protocol provides the infrastructure and tools required to build a supercharged online video experience.

For more information on Verasity, please visit: https://verasity.io/

$VRA by @verasitytech will be available for trading on HitBTC against $BTC and $ETH starting from 11 March.

We will also launch a competition of traders in which traders will be able to win a prize in the amount of 30 000 000 VRA. You can see all contest rules on our trading contest page: https://hitbtc.com/trading-contest/24

VEO integration announcement

Dear traders,

We are glad to announce the integration of Amoveo ($VEO), a blockchain for derivatives smart contracts that can be used for investment, insurance, stablecoins, prediction markets, crowdfunding and so much more.

Created single handedly by Zack Hess, who previously co-founded Augur and Aeternity, Amoveo is a unique project moulded by its community. As per its roadmap, Amoveo will always be tailored and improved in accordance with its users’ wants and needs. The community also plays an integral role in Amoveo’s governance, as every single variable such as block size, miners’ rewards and so on can be modified using futarchy, a betting-type governance mechanism.

Amoveo has a sophisticated oracle system that doesn’t need sub-currencies and is able to escalate its defence in case of an attack, making them both more affordable and reliable than its competitors. Moreover, Amoveo smart contracts are built on top of the p2p channel system, and Lightning Network allows for smart contacts with more than two participants, which is infinitely faster than waiting for a confirmation of every single transaction.

It is a fair coin with no ICO, no pre-mine, a dedicated community and an ever-growing number of use-cases. For more information, visit https://amoveo.io/ and join the conversation on https://t.me/amoveo.

Trading fee tier system is going live

Dear Traders,

Reminder: Today our new trading fee tier system is going live! This new tier system will reward our community members for high volume trading. Furthermore, by incentivizing high trade volumes we anticipate an increase in liquidity to all trading pairs creating an even better trade environment for all members.

Tier table can be found at the bottom of the page

How it works:
● To put it simply, the more each user trades, the lower their trading fees will be.
● Each day at 00:00 AM UTC the trade volume of the users past 30 days will be calculated and their fees will automatically be updated within the hour.
● The users trade volume will be determined according to the total amount traded equivalent to BTC at the time of the trade.
● In addition to rewarding high volume users, long time and high activity users can also expect special conditions and will be contacted directly.

The trading fee tier system will be implemented in two stages. For any questions about our new trading tier system please feel free to reach out to us in our Telegram support chat: https://t.me/EN_HitBTC

Level Volume, BTC Maker Fee, % Taker Fee, %
0 >= 0 0.1 0.2
1 >= 100 0.08 0.2
2 >= 200 0.06 0.2
3 >= 500 0.04 0.2
4 >= 1 000 0.02 0.2
5 >= 1 500 0.0 0.2
6 >= 2 000 0.0 0.18
7 >= 3 000 0.0 0.16
8 >= 4 000 0.0 0.14
9 >= 5 000 0.0 0.12
10 >= 6 000 -0.01 0.1
11 >= 60 000 -0.01 0.09
12 >= 200 000 -0.01 0.085
13 >= 600 000 -0.01 0.075
14 >= 2 000 000 -0.01 0.06
15 >= 6 000 000 -0.01 0.055

The last open testing phase of HitBTC mobile app was completed

Dear HitBTC users!

The last phase of the Open Testing of HitBTC mobile app has been completed and the winners of the Feedback Contest have been selected!
We have received a lot of informative reviews and valuable suggestions that helped us to improve the application significantly before the official public release. It was quite hard to choose the winners. However, the commission of our dedicated experts has made their decision, and the prize pool has been distributed.

We would love to thank all the participants and we can’t wait to show you the final product!

Here’s a rundown of what we gathered from the testing period:

* More than 2,000 users installed our mobile app
* 478 users submitted their feedback
* 33 crashes and bugs were fixed
* 16 new features were added into our mobile app

As of now, we are making final adjustments and running some more tests before the official release of our application.
Please follow our blog for further updates.

GRIN launch announcement

Dear traders,

We are happy to announce integration of Grin ($GRIN), the private, scalable and open electronic transaction service.

Grin is an open source software project that implements a MimbleWimble blockchain. MimbleWimble is a blockchain format and protocol that provides scalability, privacy and fungibility by relying on strong cryptographic primitives. Grin empowers anyone to transact or save money without of external control or oppression.

Trading pairs for GRIN are now available with such parameters:

GRIN/BTC – https://hitbtc.com/exchange/GRIN-to-BTC
Lot 0.01 Price step 0.00000001
GRIN/ETH – https://hitbtc.com/exchange/GRIN-to-ETH
Lot 0.01 Price step 0.0000001
GRIN/USDT – https://hitbtc.com/exchange/GRIN-to-USDT
Lot 0.01 Price step 0.00001

In addition, we will soon open deposits and withdrawals, stay tuned for new updates.

For more information about GRIN, visit https://grin-tech.org/

Ormeus Coin Swapping

We are pleased to announce the support of ORME Token Swap. New coin will be traded under the new ticker $ORMEUS. The token swap has been going on for a couple of weeks now, and it is of the utmost importance that every person who owns ORME coins and is holding them has to do the swapping process manually; coins will not be swapped automatically by Ormeus or any other exchange.
If you are storing your coins on a private wallet or on different exchanges, there are a few steps you have to follow to manually send your tokens to AirWire.

https://medium.com/ormeus/official-orme-token-swap-announcement-swap-starts-on-february-10th-e91b409e5d06

As many of you already know, Ormeus team partnered with AirWire earlier this month following the Cryptopia hack, as a way of upgrading their token storage security.
For this purpose, Ormeus team decided to transfer all the ORME coins into AirWire’s platform; new tokens will be created and switched for the currently issued tokens. This process is to be done by the users.

The new $ORMEUS coin will be re-launched on HitBTC, however, no swapping will be made automatically by the exchange. The Ormeus team stated that the benefit of being on the exchange is its quality; which will “offer [the] community the greatest benefits including good trading volume, stability and security”. Wait for the official announcement from Ormeus or HitBTC. Trading pairs for ORMEUS/BTC, ORMEUS/ETH are coming soon!

Trading Fee Tier Program Announcement

Dear Traders,
We would like to announce our new trading fee tier system which will reward our community
members for high volume trading. Furthermore, by incentivizing high trade volumes we
anticipate an increase in liquidity to all trading pairs creating an even better trade environment
for all members.

Tier table can be found at the bottom of the page

How it works:
– To put it simply, the more each user trades, the lower their trading fees will be.
– Each day at 00:00 AM UTC the trade volume of the users past 30 days will be calculated
and their fees will automatically be updated within the hour.
– The users trade volume will be determined according to the total amount traded
equivalent to BTC at the time of the trade.
– In addition to rewarding high volume users, long time and high activity users can also
expect special conditions and will be contacted directly.
The trading fee tier system will be implemented in two stages:
Stage One: On 27 February at 20:00 the Fee Tier page will be added to the site introducing users to the
new system. This page will show each user their current trading fee, 30 day volume, and
expected new fee.
Stage Two: On 6 March at 20:00 the fee tier system will go live and the new tier structure will be
implemented.
Additionally, we would also like to take this opportunity to invite professional traders to visit our
partnership company, bequant.io, which aims to provide special conditions for institutional
traders.
For any questions about our new trading tier system please feel free to reach out to us in our
Telegram support chat: https://t.me/EN_HitBTC

Level Volume, BTC Maker Fee, % Taker Fee, %
0 >= 0 0.1 0.2
1 >= 100 0.08 0.2
2 >= 200 0.06 0.2
3 >= 500 0.04 0.2
4 >= 1 000 0.02 0.2
5 >= 1 500 0.0 0.2
6 >= 2 000 0.0 0.18
7 >= 3 000 0.0 0.16
8 >= 4 000 0.0 0.14
9 >= 5 000 0.0 0.12
10 >= 6 000 -0.01 0.1
11 >= 60 000 -0.01 0.09
12 >= 200 000 -0.01 0.085
13 >= 600 000 -0.01 0.075
14 >= 2 000 000 -0.01 0.06
15 >= 6 000 000 -0.01 0.055

HitBTC will support the next stage of Ethereum (ETH) Constantinople hard fork

Dear traders,

HitBTC will support the next stage of Ethereum (ETH) Constantinople hard fork. The upgrade is estimated to take place on 28 February 2019 after being postponed due to the need for further investigation of potential risks identified by ChainSecurity (https://blog.ethereum.org/2019/01/15/security-alert-ethereum-constantinople-postponement/). The fork will happen approximately on block #7,280,000. Two protocol upgrades (Constantinople and St. Petersburg) will need to occur on the same block number in order to fix issues on various Ethereum test networks.

If you are holding Ethereum on HitBTC account, you don’t have to do anything, as we will handle all the technical requirements involved with the upgrade, please be assured that the funds will be safe at all times.

You can monitor the network upgrade in real time at http://forkmon.ethdevops.io/

Read more about Ethereum Constantinople hard fork in our previous blog post: https://blog.hitbtc.com/hitbtc-will-support-the-upcoming-ethereum-eth-constantinople-hard-fork/
or in Ethereum’s blog post: https://blog.ethereum.org/2019/02/22/ethereum-constantinople-st-petersburg-upgrade-announcement/