Hotbit is a newly established digital assets platform which only supports crypto-to-crypto trading and does not support fiat currencies. Hotbit does not charge any maker fee, but takers fee, on the other hand, is 0.25%. The deposits are free, and withdrawals are charged on the basis of the coin being withdrawn. The withdrawal and deposits are processed automatically and are quick. BTC transfer takes less than a couple of hours. The exchange offers a huge number of coins to trade. The popular ones are Bitcoin (BTC), Ethereum (ETH), EOS, OmiseGo, Icon, and Tron. The exchange also allows trading in less popular coins like Alphacat, WaykiChain, Theta Token, and others. Trading is done against ETH and BTC. The web-based platform provided by the exchange is well designed and has every tool that a trader requires. As the exchange does not support fiat deposits in USD, EURO, CNY and other currencies, the exchange might not be a great place to start trading in cryptocurrencies. The exchange does not support margin trading so the exchange might not be the best place for the traders who like to trade aggressively.
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