The Lowest Fees on the Market

There’s no place like home. And for the modern-day digital asset trader, home is where the order book is. At HitBTC, we couldn’t be prouder of the community of traders that has helped us cultivate this space and turn what was just a dream a little over five years ago into the digital home of innovators and next-gen economy builders.

We want to accommodate our community as best we can, and give them an unbeatable experience in our digital backyard. We have been able to do this by offering an industry-leading number of trading pairs and an intuitive and helpful interface, among other things. But we are always looking for ways to do better and bring more to the table.

Therefore, we are really happy to announce that we have overhauled our maker-taker fee tier system and drastically slashed our trading fees.

Of importance to us in this process was optimizing our exchange for traders of all kinds. Too often traders have to pay out the nose via trading fees just to enjoy a comfortable level of security on an exchange.

Our old tier system had fifteen levels, ranging from 30-day trading volumes of less than 100 bitcoins to volumes of greater than 6 million bitcoins. It was, in short, comprehensive. But we felt it could better suit everyone involved if it were tailored to better facilitate the activities that are most common here. The fifteen previous tiers have been consolidated into ten, and fees have been slashed across the board.

Just looking at the lowest tier, which now applies to 30-day trading volumes of less than 10BTC, fees here have been slashed from 0.1% for makers and 0.2% for takers to a blanket 0.07% for both categories. For upgraded accounts, HitBTC utilizes a trading fee tier system, rewarding community members for high volume trading. The fees for the rest accounts are fixed at 0.1% Maker Fee and 0.2% Taker Fee.

While the maker-taker system is designed to encourage liquidity positive activity on behalf of traders, we believe the adjustments we have made will further stimulate liquidity by freeing up members of the first bracket class from restrictive trading fees. The incentive staggering that favors makers continues as you ascend the nine tiers, but now users are provided with an industry low fee threshold at the most basic level of engagement on our exchange. 

Moving forward, we hope that this fee slash comes to mark the beginning of a period of growth for our platform, both in terms of community and product. The process of refinement—for anything worth refining—is never-ending, and we are honored that you are coming along with us on this journey. If you have any questions regarding the new fee system, or anything else concerning our platform, our support team will be happy to help. 

New tickers for Bitcoin Cash ABC and SV

Dear traders!

On July 11, 2019 we are changing the ticker of BCHABC to BCH, and BCHSV to BSV. Transactions and trading in BCH, BCHABC, and BCHSV will be unavailable 15:00–15:05 UTC.

 

After the works are completed, BCH (old) trading will be stopped permanently.

All the balances in BCH will be converted 1:1 to BCHABC and BCHSV.

BCHABC will be renamed to BCH, and BCHSV will be renamed to BSV.

The old BCH will be renamed to BCHOLD and if you need to check your history, you’ll see it under that ticker.

 

For BCH(BCHABC) and BCHSV(BSV) old and new tickers will be supported simultaneously for all API calls where tickers are used as requests parameters. Market Data requests without explicit ticker specification will return new ticker names only.

For FIX users nothing will change, so you don’t need to worry.

 

Why is it happening?

BCHABC and BCHSV tickers appeared during the BCH fork. By allowing our users to trade what was then known as Bitcoin Cash ABC (BCHABC) and Bitcoin Cash SV (BCHSV), we were encouraging the free choice of our community to support either of the new chains.

Over time, the general public has accepted BCHABC as the successor to the original BCH.

 

If you have any questions, do not hesitate to contact us at https://support.hitbtc.com/hc/en-us/requests/new?

VRA trading contest

VRAWe are glad to announce new $VRA trading contest with Verasity hosted by HitBTC exchange.

$VRA by Verasity is available for trading on HitBTC against $BTC and $ETH. Top 10 $VRA traders will be awarded from a prize pool of 20,000,000 VRA. You can see all contest rules on our trading contest page: https://hitbtc.com/trading-contest/25

Verasity.io is a leading video player providing unique Rewarded Video Player Technology to major video publishers across the globe. It enables VRA rewards, monetization and loyalty schemes within the video player wallet. Their technology is already available to 280,000 video publishers with 240 million users and 50 billion monthly views. This brings audiences, and revenues back to video publisher sites from YouTube. Their attention-based model creates a thriving VRA token economy between viewers, video publishers and advertisers.

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

HitBTC integrates EOSDT and the NUT Token

EOSDTDear traders,
HitBTC is integrating EOSDT, the world’s first EOS-based decentralized stablecoin, and NUT, the native utility token for the Equilibrium cryptocurrency framework. EOSDT will be available to trade in BTC, ETH, EOS, DAI, and USDT pairs and NUT will be available in BTC, EOS, and USDT pairs.

EOSDT enters circulation when Equilibrium users collateralize their liquid digital assets. EOSDT offers a variety of applications, including hedging market risks, providing fiat-like quotes for currency pairs on crypto exchanges, and making online payments with merchants that accept cryptocurrency.

Equilibrium’s NUT asset is the framework’s utility currency, and it plays an important role in the framework’s processes. For example, NUT holders have the right to take part in Equilibrium’s decentralized governance, mainly by voting for changes to the parameters that drive its processes. For example, Equilibrium users can vote for block producers on the EOS blockchain to receive a staked portion of Equilibrium’s collateral. NUT is also used for paying fees. To close their positions, users must repay their staked collateral as well as pay an admin fee that accrues in NUT. This utility token furthermore gives access to discounted collateral.

Learn more about EOSDT’s and NUT’s uses here. You can generate your first EOSDT through Equilibrium’s self-service gateway and start trading it on HitBTC.

Check out Equilibrium’s blog, where they usually share announcements: https://blog.eosdt.com/

Blockchain Cuties integration announcement

CUTEDear traders,
We are very glad to welcome $CUTE by @BlockchainCutie on HitBTC exchange. Trading pairs for CUTE/BTC, CUTE/ETH, CUTE/USDT and CUTE/EOS will be available soon.

Blockchain Cuties is the cutest web-based adventure collectible game on Blockchain. It allows players to trade, breed, train and gear up different kinds of cute animals that interact with each other in various adventure locations. Each Cutie is unique and one of a kind. When adventuring, Cuties gain experience and new levels.
Player doesn’t have to download additional wallets – Blockchain Cuties have one built right into the game! You can create an account in two clicks or import your existing one using private key!

For more information about Blockchain Cuties Universe, please visit: https://blockchaincuties.com/

GAS integration announcement

GAS NEODear traders,
We are very glad to welcome $GAS by @neo_blockchain on HitBTC exchange. $GAS is a token created on the NEO blockchain platform with primary purpose of being fees for processing transactions on the NEO network. NEO utilizes blockchain technology and digital identities to digitize assets and automate the management of digital assets using smart contracts. Using a distributed network, it aims to create a “Smart Economy”. Its mainnet was released in October 2016 and has been running in stable capacity for two years. NEO – An Open Network For Smart Economy with Infrastructure and Community friendliness

For more information on NEO, please visit: https://neo.org/

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

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

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