System Updates – Lot Size Changes

To allow existing orders to support the new lot size granularity, we will be making an update to every order currently active in each market.

To make this update and guarantee correct execution behaviour for the orders during the update, we will be canceling the current orders and booking a replacement via an atomic transaction.

All order parameters will be preserved through the update and users will not see any behavioural differences in order execution or future updates to these orders.

Users will be notified of this cancel/replace transaction through an Execution Report for each order. The cancellation of the original order and the replacement will also be visible to users querying their order history via API or via the Cancelled and Filled Orders widget.

These changes have already been made successfully for all EOS markets. For orders in these markets, users will have seen the behaviour described above and should have already received their Execution Reports for orders.

The final phase of the update, which will allow users to execute orders in the new lots sizes, will take place December 29, 17.30 UTC.
The new lot sizes and price steps will be:
LTC/BTC: lot 10-3 LTC, step 10-7 BTC
LTC/ETH: lot 10-3 LTC, step 10-6 ETH
LTC/USDT: lot 10-3 LTC, step 10-4 USDT
DOGE/BTC: lot 10 DOGE, step 10-10 BTC
DOGE/ETH: lot 10 DOGE, step 10-8 ETH

During the final phase of the update, pairs under maintenance will be unavailable for approximately 5 min. You will not be able to place or cancel orders on these pairs during this short maintenance period. API users might also receive a “2001: Symbol not found” response on these pairs during this period.

Should you not see this behaviour or if you have any questions or concerns – please reach out to our support team.

HitBTC is updating its lot size

Dear Traders,

We have been aware for some time that our users would like access to more granular lot sizes than are currently available in order to allow trading in a smaller size.

So, by popular demand, we are happy to announce changes to bring lot sizes for all instruments in-line with market standards. This should allow for much easier market access for all our users, improving liquidity across the platform.

We expect to release changes to all pairs over the next few days to support these smaller lot sizes. This is a two-step process that users should be aware of, as it will have a temporary impact on the visibility of markets on the platform.

New lot sizes for each pair can be found below.

Step 1:

Users should note that in preparation for these changes markets will need to be temporarily taken down from the platform:

  • During these works, users will not be able to view the market that is being configured at that time, or place/cancel/update orders on that specific market
  • No orders will be canceled during the works
  • There will be no visible change to the platform after this first step

The expected period of maintenance for each market is posted below and is expected to be no more than 10 mins for the most active markets. Any changes to these times will be posted here if necessary.

Step 2:

Each relevant pair will then need to be taken offline, with an expected downtime of no more than 5 minutes per pair:

  • Pairs will be taken offline in the order deleted below
  • During this time users will not be able to view the pair or place/cancel/update orders for this pair
  • No orders will be canceled during this update
  • After the change, the pair will support the new lot sizing
  • All orders will be kept at their current absolute size

For your convenience, we will inform you of the exact pairs and markets 3 hours and 15 min before the procedure via Twitter and Web notifications.

Expected works schedule:

  1. 27 December, between 09.00 UTC and 15.00 UTC — maintenance on EOS markets for 15 minutes.
  2. 28 December, between 09.00 UTC and 15.00 UTC — maintenance on BTC, ETH, USDT markets for approximately 5 minutes.
  3. 29 December, between 15.00 UTC and 21.00 UTC — maintenance on following pairs for approximately 10 minutes:
    • LTC/BTC
    • LTC/ETH
    • LTC/USD
    • DOGE/BTC
    • DOGE/ETH

Lot size and price step changes:

  • LTC/BTC
    price step 0.00001 BTC, lot size 0.1 LTC
    to
    price step 0.0000001 BTC, lot size 0.001 LTC
  • LTC/ETH
    price step 0.001 ETH, lot size 0.01 LTC
    to
    price step 0.000001 ETH, lot size 0.001 LTC
  • LTC/USDT
    price step 0.001 USDT, lot size 0.1 LTC
    to
    price step 0.0001 USDT, lot size 0.001 LTC
  • DOGE/BTC
    price step 0.000000001 BTC, lot size 1000 DOGE
    to
    price step 0.0000000001 BTC, lot size 10 DOGE
  • DOGE/ETH
    price step 0.0000001 ETH, lot size 100 DOGE
    to
    price step 0.00000001 ETH, lot size 10 DOGE

Coming soon:

  • BTC/USDT
    price step 0.01 USDT, lot size 0.01 BTC
    to
    price step 0.01 USDT, lot size 0.000001 BTC
  • BCHABC/BTC
    price step 0.0001 BTC, lot size 0.01 BCHABC
    to
    price step 0.000001 BTC, lot size 0.0001 BCHABC
  • BCHABC/USDT
    price step 0.01 USDT, lot size 0.01 BCHABC
    to
    price step 0.01 USDT, lot size 0.0001 BCHABC

More changes to be posted later.

HitBTC is wishing you a Merry Christmas!

Dear traders,

It’s been a fantastic year for us all – with ICOs raising more than 7 billion dollars, blockchain technology implemented for voting in Switzerland, and Malta creating a hub for favorable regulation for promising projects. In 2018, we have come much closer to mass adoption of crypto. The rate of technological advancement has been unprecedented, and we are hoping for this to continue next year. The blockchain technology market is maturing year after year and we cannot wait to see what 2019 brings!

We want to thank our traders, who have become the HitBTC ambassadors, advocating us to the whole crypto community. You are the ones that have helped us become better both in our technology and services, with your constant feedback being a priceless asset. We love you to the moon and back.

Our growth would be impossible without the real drivers of technology – the projects that offer their tokens and coins for trading. The decentralized ecosystem of blockchain thrives, as the developers across the globe come together to create something unique, and disrupting yet another industry. Keep on thinking, keep on building!

This year, we have integrated over a hundred projects and listed an amazing 500 tokens, with over 200 new coin pairs, reaching 900 tokens in total. We have pushed the boundaries of our aspirations as a cryptocurrency exchange, keeping the well-deserved title of a top-tier player in the industry.

For next year, our primary focus is to continue improving the quality of our service and provide you with the best experience through our passion for crypto. We have a series of enhancements planned for the next year, and some amazing projects lined up to be integrated. Stay tuned!

Warmest thoughts and best wishes for a beautiful Christmas and a happy New Year filled with health, happiness, and success!

PlayGame Token listing announcement

Dear traders,
We are glad to announce the integration of PlayGame, the crypto-gaming pioneer and its PXG token.

PlayGame.com aims to overcome the hurdles standing in the way of game developers about the lack of transparency, piracy issues, inefficient payment calculation, and distribution. The PlayGame platform is a direct-to-play gaming platform accessible from any device without the requirement to download the game.

Playgame Contest by HitBTC Continue reading

A dedicated page for Trading Contests

Dear traders,

We have been working on improving your trading experience to make it more accessible and transparent. Today, we are launching a dedicated landing page for all the trading contests, past present, and future, that are being held on HitBTC. This instrument will keep you updated about every contest that is being announced on our platform, it’s prize fund, statistics, and winners.

HitBTC provides a technology platform and is not in any way affiliated with any of the contest organizers. The winners are selected in accordance with each contest rules.

We hope that you enjoy this new feature and make the most of it. Please contact our support if you have any questions regarding this page or any of the trading contests.

To learn more, visit https://hitbtc.com/trading-contests

Happy trading!

QAU – DTR Token Swap

Dear Traders,

On May 31, 2018 Quantum Project (QAU) and Tokens.net announced their merge and token swap. Tokens.net has swapped all QAU tokens which have been deposited to the following address: 0x1d2C3D49460D34739809a096cC05832A0A3d79eE by the 15th of October, 2018.

If you have not exchanged your QAU tokens to DTR, then we are automatically going to swap your QAU to DTR on the 4th of December 2018 with the following ratio: 1 QAU = 3.9 DTR. Kindly ensure that you have received your DTR tokens.

New languages for our website and support

Dear traders,

HitBTC is and has always been a multi-cultural and multi-national community – a quality that we highly value. Our doors are open to traders of all ages and nationalities from all parts of the world. We are listening intently to the voice of our community which helps us to develop an outstanding product and to constantly improve the level of service.
Recently, we have been working on providing more language opportunities, which, we believe, will help us create a better experience.

We’re very glad to announce two important milestones:

First, you can now choose to use our website and speak to our support team in either Chinese, Korean, Spanish, Portuguese, or English languages.

Second, we are working on widening our social media presence and today we’re launching a telegram community in Spanish.

Bienvenidos! – here’s the place for news, discussions, and voting for new currencies to appear on HitBTC: https://t.me/ES_HitBTC

Please do not forget to subscribe to HitBTC on Facebook and Twitter to get more news.

Thank you very much for your ideas and suggestions. We are always open to all of them that could make our service better and our community happier.

Electroneum – a mobile-based cryptocurrency for the developing world

Dear traders,

We are happy to announce the long-awaited integration of Electroneum (ETN), the mobile-based cryptocurrency providing a digital payment solution to the developing world. Today Electroneum has 2.3 million users who mine and transfer the digital currency through their mobile phones.

Electroneum is a British cryptocurrency project that aims to enable financial inclusion for millions of unbanked people across the world. ETN’s rewards for engagement and advocacy act as a catalyst to build an active worldwide community. Its partnerships with mobile operators, vendors and freelancer services enable multiple opportunities to earn and spend the currency, creating a sustainable ecosystem across the globe. ETN raised $40m from its Initial Coin Offering (ICO) in November 2017.

Our trader community largely anticipated integration of Electroneum. For the last few months, we have put extra effort into listening to your voices and fulfilling your wishes to achieve not only technological superiority but also a new quality-of-service benchmark.

For more information, visit https://electroneum.com

Nimiq Mainnet: deadline for the token transition

Dear traders,

Nimiq, a browser-based blockchain payment protocol & ecosystem, has set grace period ending on November 30 for Activating NIM for NET. We kindly remind the NET token holders to activate NIM to access the Nimiq Mainnet.

The last chance to activate NIM from your NET is by Friday at 3:00 pm GMT, November 30, 2018.

Activation of NIM from NET started February 28. After launching Mainnet on April 14, a generous period of an additional 6 months was provided and recently entered a grace period until the end of October. This grace period is extended a last and final time, providing every NET holder with an ultimate chance to make use of their NET and activate corresponding NIM.

The NET token (ERC20) smart contract will be stopped in conjunction with the announced end of NIM Activation. With that, it becomes technically impossible to move NET tokens from one address to any other and their effective ‘life’ ends. The trading for the token will be halted, possibly prior to its deferral.

To activate your tokens, visit http://nimiq.com and follow the “Activation” link.

Continue reading

BCH Hard Fork Update

Dear traders,

As you may know, the fork for Bitcoin Cash is planned to happen on November 15. The development expectations for BCH have divided it into two separate coins, BCHSV and BCHABC.

In the previous blog post, we announced the full support of the pre-fork trading for BCHABC and BCHSV. Now we would like to share our strategy for the full support of the network during and after the hard fork to make the transition as smooth as possible.

During the time of transition, you will be able to trade all of the three currencies involved. The converter of BCH into BCHABC and BCHSV and back will also remain accessible.

Continue reading