Introducing Scaled Orders on HitBTC

Dear traders!

 

HitBTC strives to set high goals for our platform’s development and seek more perspectives for our traders. We move forward by adding new tools and options for flexible and time-effective trading.

 

Today our team is proud to introduce scaled orders – an advanced trading tool that empowers you to set multiple orders at once, leaving space to focus your attention on decision-making and developing your most profitable trading strategies.

 

Setting up Scaled orders

 

To take the most from our innovation, follow us as we explain the possibilities opening up with the Scaled orders tool.

 

First, you can enter the total Amount of the tokens you would like to be spread on the orders. The sum will be distributed automatically by our algorithm in accordance with the other set conditions.

 

 

Depending on your needs, you can choose to either set the Price step for your orders or the Order count. Price step is the preferred difference in price for your orders. As you enter it, the number of orders that shall be created basing on the total amount will be displayed. If the order count is your priority, a rounded price difference for each order will be calculated.

 

Price min and Price max are the fields for determining the price range for your orders. Set the lowest and the highest bid or ask so we can distribute your orders accordingly.

 

Customize your orders

 

Extra parameters and the list of orders to be created are available in the extra settings menu that you can access by clicking the sign in the upper right part of the widget. To see all orders to be created, click the button Show. A list will appear with the information about the chosen pair, the amount of tokens on each order and their prices.

 

 

In this menu you can also choose the way to distribute the amount of money for each order according to their price. The options include:

  • Flat – the equal amount of tokens is distributed on the orders within the set price range.
  • Upscale – the higher the price, the larger amount of tokens will be attributed to the order.
  • Downscale – the higher the price, the lower amount will be allocated to the order.

 

As soon as you’ve set all the parameters and customized your scaled order, click the Buy or Sell button to place the orders.

 

Bottom line

 

We kindly ask you to be cautious when using advanced trading tools such as the Scaled orders. It is not always possible to predict how they will be executed, as market conditions may undergo dramatic changes in a short span of time. If you do not feel fully confident with professional-grade options, we suggest to refrain from using them, especially since we have plenty others to offer.

 

We hope you will find the new tool beneficial for your trading practices and enjoy using it. If you have questions about it, do not hesitate to contact our Support team.

 

Respectfully,

HitBTC Team

USDT explained

Dear traders,

 

Several months ago we have introduced USDT currency, enabling its deposits and withdrawals. Fast forward to today, and USDT is firmly settled in HitBTC’s top 5 trading assets list. USDT pairs are highly popular and demanded among traders worldwide, and major crypto parties are showing massive support as well. Here follows the invention of USDT summarised and explained.

 

USDT is a cryptocurrency asset based on the Bitcoin blockchain. Presented by Tether project, USDT units are backed up by US Dollars, held by Tether. One USDT unit roughly equals 1 USD. The amount of USDT in circulation can be checked via Omnichest.info. The corresponding amount of USD reserves is proved by Tether bank balance info being published.

 

USDT combines fiat and crypto advantages. It’s safe and transparent. The bottom line is that USDT holders have price-stable crypto asset for national currency, which operates on the oldest and most secure blockchain.

 

With Tether on arms you are provided with an extra entry point for fiat trading on HitBTC. Account verification is not required – USDT deposits and withdrawals are performed same as with any other cryptocurrency.

 

Along with other popular crypto market players HitBTC is at the forefront, building up USDT support. The possibility of using fiat currencies on the blockchain is being brought to life and is highly appreciated by crypto community.

 

HitBTC continues to strive to provide you with more possibilities for fiat trading. At the moment we are negotiating with financial institutions, aiming to provide you with more exciting features. Stay tuned for further updates and be the first to experience options like instant credit card payments and much more.

 

How to invite friends on HitBTC and get a reward?

Dear traders, meet our new Affiliate program!
You can invite friends to join trading on HitBTC via your own custom links and get up to 75% reward from their trading fees. The more users you engage, the more profit you gain.

 

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How to invite users

Step 1. Generate unique links. Via these links HitBTC will recognise users as referral ones. Thus we could track your earnings thereafter.

Step 2. For the sake of convenience rename links in accordance to your marketing channels to track their efficiency afterwards.

Step 3. Copy link, share it directly to the Social media or send via email.

Step 4. Track engaged users’ activity such as turnover and trades, and your personal affiliate program earnings. Turnover tab shows you the total BTC or USD turnover of users who completed their buy/sell orders. Check user’s activity information on Users Statistics tab.

Step 5.

Withdraw your earnings as they reach 0.01 BTC, and check out your Main account balance.
Please note that we manually approve every withdrawal which exceeds 0.05 BTC. You cannot withdraw more than 0.1 BTC at a time.

Tips & tricks to succeed in HitBTC Affiliate program

To make your Affiliate program experience even better, we suggest keeping in mind the following:

  • Use different links for different social media posts and time of posting. Thus you can better understand your audience’s engagement and find out the perfect time for efficient communication.
  • Always seek new ways to deliver unique content to your audience. For example, write a review of your own HitBTC experience, engage readers to join trading and share their own reviews.
  • Shoot a video showing how to trade on HitBTC exchange and call your audience to click the referral link.
  • Add your referral links to your comments on forums and social media
  • Track your records at Users Statistics table and choose better way to increase your earnings.

 

We will be pleased if you share your Affiliate program success stories with us. Send your story to victoria@hitbtc.com and we will publish the best ones in our blog.

Become an affiliate

ICO FAQ

What is an ICO?

An ICO (Initial Coin Offering) is a new crowdsale concept in the cryptocurrency and Blockchain industries.
It’s important to understand, what is special about them, what is the difference between ICO and other coins.

  • Initial Coin Offering

    • ICO is a form of crowdfunding, used by startups. Imagine a team of developers who are working on a new promising project. They might need to raise money from public, so they create their own cryptocurrency. Those who want to support the project, would buy the rights of token possession during the initial crowdsale phase. As a result, the project gets the capital to fund development, and the audience members get their tokens’ shares.
    • What is an IOU?
      It’s very important to understand that during the initial phase new coins don’t exist yet, people are buying IOU (“i owe you”) – not the coins themselves, but the obligations. As soon as fundraising phase is over, IOUs are being transformed into usual tokens.
  • How can I deposit ICO coins or sell them?

    ICO coins basically don’t exist until the issue date. There’s no blockchain for them. That’s why it’s not possible to perform transactions, send coins somewhere – for example, deposit your HitBTC account with them.

    Until the moment the tokens are released, only verified market makers and ICO communities, who chose our site for primary placement, are able to deposit ICO to HitBTC.

  • What exactly does HitBTC provide then?

    Check out the “ICO” tab in the “Instruments” section on our exchange. You are able to buy IOU directly from us and store them on your HitBTC account. As soon as tokens are released, you’ll be able to trade, deposit/withdraw them – it’s exactly the same deal as with every other coin.

  • Why it’s convenient to participate in ICO on HitBTC?

    You don’t need to spend time looking for new promising ICOs and figuring out how to join them – the most interesting tools are already here. You don’t even need to leave HitBTC – our familiar interfaces are here for you, participating in ICO feels exactly the same as buying any other coin.
    As tokens are released, you are the first to trade them right here, on HitBTC, which also is great.


There’s a whole set of ICO coins listed on HitBTC. 
SNM, CVC, SNT, BNT and a lot more, and there will be more!
The next post in our blog we will tell you about new ICO projects!

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One easy step to list your own coin on HitBTC

Dear traders,

It’s always been convenient and simple to trade on HitBTC, since we provide powerful tools, intelligent software and cutting-edge technologies.

And we are proud to tell you that trading your very own coins, creating a new trading instrument has also became simple.

How does one perform this? At first, obviously, it’s necessary to create the coin itself. It has to be an Ethereum-based token, compatible with ERC20 standard. Describe your project on its own website, introduce it to the world and to the HitBTC, by filling out this appliance form.

And that’s it. Within several days after applying your coin most likely will be listed on HitBTC, available for trading, deposit, withdrawal, waiting to be discussed and demanded – if you manage to provide fellow traders with an promising instrument!

It’s an adventurous tool. Try it!Screen Shot 2017-05-03 at 19.17.56 copy

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Primary Crypto-trading Tools on HitBTC Exchange

 

Trading Bitcoin and Altcoins isn’t easy. To let you concentrate on the most important thing – decision-making – we’ve got lot of helpful tools and indicators on our platform. If you are already a master trader then this article is probably not for you. So don’t get sad if we are blatantly stating the obvious. All new traders who want a bit of help – I will explain the little tricks and gadgets we’ve added to help you make better decisions when trading. Also I will walk you through how to place your trades and explain trading jargon a bit.

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