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

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/

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/

The first stage of the BTT Airdrop to TRON (TRX) holders

We have successfully supported the first stage of the BTT Airdrop to TRON (TRX) holders. In total, 10,890,000,000 BitTorrent (BTT) are currently being distributed for the next 12 months, corresponding to 1.1% of the total supply. All funds transferred to us from the BitTorrent Foundation were distributed among the TRX holders.

The current ratio of BTT airdrop is 1 TRX = 0.109768 BTT. The next distribution stage should take place around the 11th of the next month. We will continue to support further distribution steps in accordance with the BTT Airdrop plan.

Read more about the following distribution steps in the BitTorrent Foundation blog: https://medium.com/bittorrent/bittorrent-foundation-unveils-more-details-regarding-bittorrent-btt-airdrops-for-tron-trx-8bbd194f8a87

If you have any questions or queries, please reach out to our support team at support.hitbtc.com

System Updates — Lot Size and Price Step Changes

Today we are pleased to announce that we will be making the final set of adjustments in our updates to order lot sizing.

Users should note that for a number of instruments we will be making lot sizes larger, posing a challenge for the update of existing open orders in old lot sizes.

In cases when the new lot size does not fit with the existing order size we will attempt to adjust the order using the following guidelines:

  • Orders will be cancelled and replaced atomically to adjust their size to the new lot sizing
  • An orders new size will be as close to it’s existing size as possible using the new lot sizing
  • An orders size will never be made larger, we we always round a new order size down
  • Orders which are currently too small to fill a single lot will be cancelled

To be clear — please be aware that these updates may result in a change in open order sizing or the cancellation of your open orders.

As with previous updates to instruments lot sizing:

  • In order to guarantee correct execution behaviour for the orders during and after the update, we will be canceling the current orders and booking a replacement via an atomic transaction.
  • All order parameters (with the exception of size for lots size increases) 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 updates will impact a large number of instruments — please see below for a full list of symbols impacted. This will require approximately 5 minutes of downtime for each of the listed pairs while these updates occur. You will not be able to place or cancel orders on these pairs during this short maintenance period. API users may also receive a “Symbol not found” response on these pairs during this time.

If you have any questions or queries, please reach out to our support team at support@hitbtc.com

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:
12 February, between 12.00 UTC and 15.00 UTC
Continue reading

HitBTC will support the upcoming BTT Airdrops

HitBTC will open trading of BitTorrent (BTT) and support the upcoming BTT Airdrops to TRON (TRX) holders. The snapshot of TRX balances of HitBTC accounts will occur at block height 6,600,000 on the TRON blockchain, which is estimated to occur on 00:00 UTC February 11, 2019.

If you are holding TRX on your HitBTC account, you will be eligible for BTT airdrops. Airdrops will be automatically distributed to the TRON (TRX) holders. No minimum amount of TRX is required to qualify for BTT airdrops.

The ratio of BTT airdrop on Feb 11 is approximately 1 TRX = 0.11 BTT, due to the uncertainty of TRX block rewards and coin burn. Airdrops will be initiated the 11th of each month at 0:00 UTC.

Read more in the BitTorrent blog: https://medium.com/bittorrent/bittorrent-foundation-unveils-more-details-regarding-bittorrent-btt-airdrops-for-tron-trx-8bbd194f8a87

Open Android Beta Test

Android App Screenshot

Dear traders,

We completed the first testing stage of our application on Android at the beginning of January. The results of the test and your feedback were instrumental for us to prepare for the public release of our app. Our goal is to continually improve, and since we are ready to launch open testing (the last stage before the public release), we are inviting you to take part and contribute directly with the HitBTC project.

As a token of gratitude for your valuable help and feedback, we have put a prize pool equivalent to $1,000 to be distributed among three different prize winners. Our group of experts will review the feedback you submitted and will choose the three most useful instances of feedback. There will be $500 for the first place, $300 for the second place, and $200 for the third. The winners will be decided based on their contribution regarding comments and critical bugs/crash findings.

To take part in testing, you need to fill out the feedback form. We will stop accepting your surveys at 8:00 UTC, 14 February.

Link to download the application: https://play.google.com/apps/testing/com.hittechsexpertlimited.hitbtc
Link with the form of feedback: https://support.hitbtc.com/hc/en-us/requests/new?ticket_form_id=360000153000

System Updates — Lot Size Changes

Dear Traders,

This week we will be performing another series of upgrades in order to provide improved lot sizing to our users.

The changes being made have a broad impact, affecting roughly 50 pairs and will require a brief period of downtime for all pairs while we restart our matching engine.

The release will occur in two steps:

  1. We will restart the HitBTC matching engine, during which time users will see 2-3 minutes of trading downtime on the platform and API requests may time out.
  2. Updates (documented below) will be made to a large number of instruments. This will require approximately 5 minutes of downtime for each of the listed pairs while these updates occur. You will not be able to place or cancel orders on these pairs during this short maintenance period. API users may also receive a “Symbol not found” response on these pairs during this time.

As with previous updates to instruments lot sizing:

  • In order to guarantee correct execution behaviour for the orders during and after 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.

If you have any questions or queries, please reach out to our support team at support@hitbtc.com

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:
24 January, between 12.00 UTC and 15.00 UTC

Symbol Old step New step Old lot New lot
ADA/BTC 0.00000001 0.000000001 100 1
ADA/ETH 0.0000001 0.000000001 100 1
ADA/USD 0.000001 0.0000001 100 1
BCHABC/BTC 0.0001 0.000001 0.01 0.0001
BCHABC/USDT 0.01 0.001 0.01 0.0001
BCHSV/BTC 0.00001 0.000001 0.01 0.001
BCHSV/USDT 0.001 0.0001 0.1 0.001
BTC/USDT 0.01 0.01 0.01 0.00001
DASH/ETH 0.000001 0.000001 0.01 0.001
EOS/ETH 0.000001 0.0000001 0.01 0.01
ETC/ETH 0.000001 0.0000001 0.01 0.01
ETH/BTC 0.000001 0.000001 0.001 0.0001
ETH/USDT 0.01 0.001 0.001 0.0001
ETH/DAI 0.01 0.001 0.0001 0.0001
IOTA/BTC 0.00000001 0.000000001 10 0.1
IOTA/ETH 0.0000001 0.00000001 10 0.1
IOTA/USDT 0.000001 0.000001 10 0.1
NEO/BTC 0.00001 0.0000001 0.1 0.01
NEO/ETH 0.0001 0.0000001 0.1 0.01
NEO/USDT 0.01 0.00001 0.01 0.01
NEO/EOS 0.0001 0.00001 0.1 0.01
OMG/BTC 0.00000001 0.00000001 1 0.01
OMG/ETH 0.0000001 0.0000001 1 0.01
OMG/USDT 0.000001 0.000001 1 0.01
QTUM/BTC 0.00000001 0.00000001 1 0.01
QTUM/ETH 0.0000001 0.0000001 1 0.01
QTUM/USDT 0.000001 0.000001 1 0.01
STRAT/ETH 0.0001 0.0000001 0.1 0.01
TRX/BTC 0.00000001 0.0000000001 1000 1
TRX/ETH 0.0000001 0.000000001 1000 1
TRX/USDT 0.00001 0.0000001 100 1
TRX/EOS 0.0000001 0.00000001 100 1
XDN/BTC 0.0000000001 0.00000000001 100 10
XDN/ETH 0.0000001 0.0000000001 100 10
XLM/BTC 0.00000001 0.000000001 100 0.1
XLM/USDT 0.000001 0.000001 100 0.1
XLM/ETH 0.0000001 0.00000001 100 0.1
XMR/BTC 0.000001 0.000001 0.01 0.001
XMR/USDT 0.01 0.0001 0.001 0.001
XMR/ETH 0.000001 0.000001 0.01 0.001
XMR/EOS 0.001 0.0001 0.01 0.001
XRP/BTC 0.00000001 0.000000001 1 0.1
XRP/ETH 0.00001 0.00000001 1 0.1
XRP/USDT 0.0001 0.000001 1 0.1
XRP/DAI 0.0001 0.000001 1 0.1
XRP/EURS 0.0001 0.000001 1 0.1
XRP/EOS 0.00001 0.000001 1 0.1
XVG/BTC 0.00000001 0.0000000001 1000 10
XVG/ETH 0.0000001 0.0000000001 1000 10
XVG/USDT 0.000001 0.00000001 1000 10
ZEC/ETH 0.000001 0.000001 0.01 0.001
ZEC/EOS 0.001 0.0001 0.01 0.001