Cryptocurrency exchange

Stablecoin: the main differences between USDT and USDC

A stablecoin is a cryptocurrency that aims to maintain price stability by pegging its monetary value to a given fiat currency, typically on a one-to-one basis. Stablecoin advocates believe these cryptocurrencies are critical for bridging “real-world” assets like fiat currencies with digital assets on the blockchain. Others are skeptical, what is a stablecoin noting that they’ve played major roles in the collapse of several cryptocurrencies and crypto institutions. Even though they are an integral part of crypto and have enabled the creation of a new financial system, you shouldn’t underestimate the risks. We’ve seen stablecoin projects with failing pegs, missing reserves, and lawsuits.

What Are the Advantages of Stablecoins?

“While investing their dollar reserves can increase profits, it also increases the risk of a (bank) run, and not having sufficient liquid reserves to meet redemptions in response to an investor panic,” Natraj says. Conventionally, this would require foreign exchange (FX) conversions with multiple banks and intermediaries. This route would then involve a series of steps and various fees and often take a few business days to complete, as opposed to a stablecoin transfer which would be instant and come with low, or zero, fees. USDC’s reserves are held in safe assets that should retain their value, such as cash and U.S Treasurys.

What Are the Main Use Cases for Stablecoins?

• DAI is just one example, but all crypto-backed stablecoins rely on a mix of game theory and on-chain algorithms to incentivize price stability.
• When choosing between Tether and USD Coin, conduct your research and choose the most suitable and reliable stablecoin based on your needs.
• TerraUSD (UST) was the biggest algorithmic stablecoin, reaching a market cap of more than $18.7 billion at its peak on May 5 before it began to plummet sharply after it slipped below its peg.
• BUSD has the same function as any stablecoin — to help crypto traders in the volatile crypto markets by providing a cryptocurrency with a stable price.
• This introduces additional credit risk if they are for example swapping essentially credit risk free government debt for riskier commercial bank deposits.
• While such changes may result in additional consumer protections, they could also affect different stablecoins in different ways or result in restrictions that affect coin holders.

So another way to think about stablecoins is as a tokenized version of a fiat currency. In theory, a U.S. dollar-based stablecoin is a token that will reside on a blockchain and always trade for one dollar. Stablecoins try to tackle price fluctuations by tying the value of cryptocurrencies to other more stable assets – usually fiat currencies. Fiat is the government-issued currency we’re all used to using on a day-to-day basis, such as dollars or euros. A somewhat more successful algorithmic stablecoin is Frax (FRAX), which boasts a market cap of around $1.4 billion and has, until now, managed to maintain its peg. FRAX is based on an open-source protocol that lives on the Ethereum blockchain, and it uses a combination of collateral and algorithms.

Algorithmic Stablecoin

So while stablecoins are incredibly versatile tools, do bear in mind that they’re still cryptocurrencies and hold similar risks. You can mitigate risks by diversifying your portfolio, but make sure to do your own research before investing or trading, and don’t invest more than you can afford to lose. Due to its volatility, cryptocurrencies haven’t achieved widespread use for day-to-day payments. Large stablecoins have a track record for maintaining their peg, making them suitable for daily use.

Is Bitcoin a stablecoin?

For example, in the U.S., one unit of a dollar-pegged stablecoin may be equal to $1. Crypto-collateralized and uncollateralized coins rely heavily on their community to function. It’s common to have open governance mechanisms in crypto projects, meaning that users get a say in the development and running of each project.

Subscribe to Decode Crypto

A fiat-backed stablecoin keeps a fiat currency, such as USD or GBP, in reserves. Users can then convert their fiat to a stablecoin and vice versa at the pegged rate. Stablecoins peg their value to other currencies, collateral or algorithms in order to offer more stability than other cryptocurrencies and to behave more predictably, like fiat currency. The value of most cryptocurrencies is largely determined by what the market will bear, and many people who buy them are doing so in hopes that they will increase in value.

Tether Stablecoin: USDT

Whenever the holder of a stablecoin wishes to cash out their tokens, an equal amount of the collateralizing assets is taken from the reserves. Cryptocurrency’s unpredictability comes in contrast to the generally stable prices of fiat money, such as U.S. dollars, or other assets, such as gold. Values of currencies like the dollar do change gradually over time, but the day-to-day changes are often more drastic for cryptocurrencies, which rise and fall in value regularly. A “stablecoin” is a type of cryptocurrency whose value is pegged to another asset class, such as a fiat currency or gold, to stabilize its price. Fiat-collateralized stablecoins maintain a reserve of a fiat currency (or currencies), such as the U.S. dollar, as collateral, assuring the stablecoin’s value. However,  central bank reserve access means systemic stablecoin growth in the UK would, unlike in the EU, take deposits and reserves from commercial banks, thus competing more directly with them.

• For this reason, they are not suitable to replace centralized currencies and are often considered as speculative assets.
• However, the Bank of England’s proposals for the UK’s new regulatory framework for private stablecoin-based retail payments could potentially pave the way for stablecoins to offer a viable alternative.
• Most largest cryptocurrencies by market-cap, on the other hand, are volatile.
• While this is a great shelter from volatility, it’s upside is capped at that of the pegged asset.
• In addition, the collateral of USDC is made public regularly and the companies that manage it, Circle and Coinbase, boast an excellent reputation in the crypto sector.
• But due to the underlying collateral being in cryptocurrency, it is prone to more volatility.

Stablecoins in a nutshell

Without the ability to rely on the value of these coins, cryptocurrencies are less suitable for financial transactions that require a stable value over a longer period of time, such as real estate transactions. Fiat currencies are the currencies you and I use every day to buy groceries and services such as the U.S. dollar, the British pound or the Euro (depending on where you are in the world). Fiat currencies offer a stable and largely predictable amount of value, making them suitable for both short and long term financial transactions. Stablecoins attempt to bridge the gap between these stable options and cryptocurrencies, which have shown volatility but offer greater utility benefits. Precious metal-backed stablecoins use gold and other precious metals to help maintain their value. These stablecoins are centralized, which parts of the crypto community may see as a drawback, but it also protects them from crypto volatility.

• This kind of approach is also known as “seignorage shares,” and they’re generally joined at the hip to a more traditional kind of cryptocurrency.
• Intraday swings also can be wild; the cryptocurrency often moves more than 10% in the span of a few hours.
• Some even use complex algorithmic programs to maintain the peg by controlling supply, although this doesn’t always work.
• So another way to think about stablecoins is as a tokenized version of a fiat currency.
• For example, in the U.S., one unit of a dollar-pegged stablecoin may be equal to $1.
• Users may be protected from sharp decreases in value for the most part, but they can’t expect much in the way of increased returns, either.

Crypto-Collateralized Stablecoins

Our estimates are based on past market performance, and past performance is not a guarantee of future performance. TerraUSD now trades under TerraClassicUSD (USTC) since the Terra blockchain was officially halted and de-pegged from the U.S. dollar on May 9. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader.

How to Break a Hex, Curse, or Spell

Regular cleansing helps to keep negative energy at bay and prevent any future curses or hexes from taking hold. After you’ve broken the curse or hex, it’s important to maintain spiritual hygiene. Negativity and fear can cling to you like a stubborn residue, so regular spiritual cleansing is crucial. Here are a few ways to keep yourself protected and maintain a positive energy flow. These unusual occurrences can also be signs of negative energy in your life. Pay attention to your surroundings and trust your intuition.

Protective Spells

However, if you see them even when other people are present, it is a sign that something more sinister is at work. Place the poppet someplace out of the way, and once you believe the curse’s effects are no longer affecting you, get rid of your poppet. With the power of Stevie Wonder, a hex has been put on a chair of the rival fan. Analyse hexadecimal binary dumps and files, read, manipulate, write, import and export byte as well as bit data in this webapp.

Is the problem in your own spiritual life?

After ruling out any legitimate medical conditions, it is time to explore the likelihood that you are the victim of a menacing conjure. Blogger and author Tess Whitehurst offers some suggestions. She recommends cutting a lemon in half and sprinkling the top of each half with sea salt on the morning of a full moon within one hour after sunrise. At the same time next morning, she suggests throwing away the lemon halves and then repeating the entire process with a new lemon for 12 days straight.

How To Get Rid of Toxic and Jealous People

To protect yourself, you can call upon your guides, ancestors, or a deity for protection. You can also use psychic protection techniques like visualization or affirmations to keep negative entities at bay. Remember to keep your space warded and your energy positive to prevent negative entities from attaching themselves to you. Meditation is a very effective technique for breaking a hex or curse, as it helps you to connect with your inner self and find peace and clarity. By focusing on your breath and letting go of your thoughts, you can create a peaceful and protected environment within your mind. With commitment, patience, and persistence, it is possible to break the cycle of generational curses and create a new path of happiness and success for future generations.

In this article, we’ll go over the physical and spiritual symptoms of a hex or curse, as well as the unusual occurrences that may indicate negative energy in your life. We’ll also cover techniques for breaking a hex or curse, including visualization, meditation, herbal remedies, crystals, and protective spells. Finally, we’ll discuss the importance of regular spiritual cleansing and maintaining protection from negative entities.

Are You Really Cursed?

Protective wards are like spiritual security systems for your home and personal space. You can use items like witch’s bottles, amulets, or even just salt. You can also call upon your guides, ancestors, or a deity for protection. Keeping your space warded helps to keep negative entities and energy from entering, keeping you safe and secure. Your beliefs around the threefold law will also play a role in whether or not you should practice hexing. Your beliefs are powerful and if you believe that hexing is morally wrong, you may subconsciously create a “punishment” by doing so.

Breaking a generational curse requires a deep examination of family patterns and beliefs, as well as a willingness to change old habits and negative thought patterns. Generational curses are often some of the most severe curses one can encounter, so it’s important to be aware of the signs and take steps to break them. If you are unable to remove the hex yourself, you may need to ask for help from a friend or family member. Hex removal is also something that many witches and wizards are able to do.

Bad things happening makes us feel bad, especially when we try to assign existential meaning to random events. Forgiveness – Learning to ultimately forgive someone or a situation allows you to let go of the pain and suffering from the experience and frees you from its shackles. While hexing can provide some relief or satisfaction, if you are unable to release your own negativity, you won’t be able to ever move on from the situation.

Many times, hexing comes from a place of anger, rage, revenge, and unforgiveness. Always give yourself enough time to decide if hexing is right for you in a particular situation. There’s also scant regulation for cryptocurrency what is the statement of retained earnings firms, so you won’t have any protection if and when things go wrong. However, at one point, bitcoin and ether holders could claim HEX tokens for free. If you have been hexed, it is important to seek help from a professional.

Theyre Lancaster Dutch, recently imported, and they believe in the hex signs they painted on the barn. The left hip tool loop was easy to reach and held a hammer or wrenches, while spacious outer thigh pockets stashed a phone, gloves, a bar, a set of hex wrenches, and more. If they’ve sent a demon or other spirit after you, things get really complicated – you’re probably going to need help from your ancestors at the least, and maybe your Gods. If you need to make amends for something that might have caused them to withdraw their protection, do it now. And while magic is more than psychology, there is a psychological element to it. What feels like having been hexed may simply be the consequences of your own actions – and that will require more action to remedy.

Celebrate Ostara and the spring equinox with these cleansing and renewal rituals to manifest abundance, prosperity, and protection. Unexplained changes in your weight, sex drive and mood can also be the symptoms of a disease or sickness spell. Are you experiencing sudden headaches, back problems, stomach upset or difficulty sleeping? Do you feel nervous, worried or anxious about things that never concerned you before? Did your doctor examine you and give you a clean bill of health?

Sometimes, however, despite our better judgment, a deceitful or malicious person may work their way into our life. If armed with the knowledge of black magic, these cruel individuals https://cryptolisting.org/ can wreak havoc on our relationships, negatively affect our mood and send us into a downward spiral. Many people use poppets, or magical dolls, in spellwork as a tool of offense.

If you’re ignoring your ancestors, they may be ignoring you. Our Gods are not petty and vindictive, but if you promised to do something and you didn’t, They’re not shy about letting you know about it. If you asked for initiation, you may be getting it in ways you never imagined. Diseases are caused by viruses and bacteria, and they’re amplified by environmental factors like stress and fatigue. Accidents happen when we’re distracted or impaired, or when we fail to properly assess risk factors.

1. Patti Wiggington describes this (and some other useful curse-breaking techniques) in this article on the Learn Religions website.
2. Celebrate Ostara and the spring equinox with these cleansing and renewal rituals to manifest abundance, prosperity, and protection.
3. Discover this simple and powerful ritual that will cut the spiritual cords that bind you to negative…
4. There are many different types of hexes, but some of the most common include death hexes, love hexes, and money hexes.

This is a great method to use—and smashing anything with a hammer is pretty therapeutic—but be careful you don’t cut yourself. Read these magical self-defense tips for some additional details to help determine if you are, in fact, under a magical attack. If the answer to all three is “yes”, then it’s possible you’ve been cursed or hexed. If that’s the case, then you may need to take protective measures.

There are a few things to keep in mind if you want to make a hex permanent. First, you need to make sure that the materials you use are of the highest quality. Second, you need to be very specific in your instructions when casting the spell. And third, you need to have a strong connection to the person you are hexing. No matter what method you use to protect yourself from being hexed, it is important to remember that you are stronger than any curse. Hexes may temporarily disrupt your life, but they cannot control you or determine your future.

That idea is rooted in a materialist worldview that sees magic as nothing more than psychological manipulations. A competent magician can hex someone without their awareness. But the stronger the connection between the hexing magician and their target, the easier it will be for the hex to get to the right place and do its damage. Isolation – in person, in the spirit world, and on the internet – makes that connection harder to maintain.

Recognizing the signs of a hex or curse is an important aspect of protection in witchcraft and spirituality. By being aware of the physical and spiritual symptoms, as well as unusual occurrences, you can take steps to break the curse and protect yourself from negative energy. Additionally, regular spiritual cleansing, protective wards, and protection from negative entities are key to maintaining a positive and protected spiritual state. There are a few ways to cleanse and remove hexes or curses. One way is to light a candle, sage yourself, and sip some wine in a bathtub of salt and hot water.

What is Ethereum ETH? A Beginner’s Guide to the Smart Contract Blockchain

But beyond that, the rules for ether’s economy are open-ended and frequently change as new improvement proposals are agreed upon by the Ethereum developer community. While bitcoin has a hard cap of 21 million bitcoins, Ethereum’s main token does not have a set max supply limit. A new base fee was introduced as part of EIP 1559 https://cryptolisting.org/ in 2021 to create a more predictable fee structure for Ethereum users. Instead of an auction-style system, fees are now established algorithmically based on how many users are active on the network at the time. Tips can be added should a user wish to have their transaction processed faster, but this is entirely optional.

What are the next steps for Ethereum?

At the start, focusing on one cryptocurrency can help you learn about the market and how it moves. Shortly after buying Ether (ETH), though, it can be useful to diversify into other coins and tokens as well. One of the best things you can do when buying, selling, trading, or staking ETH — or any cryptocurrency, for that matter — is to formulate a plan of attack before initiating any transactions. Peer-to-peer platforms like LocalEthereum allow buyers and sellers to contact each other directly to negotiate prices.

Web Wallets

In PoS, users with a lot of Ether are selected at random to verify transactions. This form of mining will be rewarded with fees rather than a new currency and will use a lot less power and electricity. These dApps could soon be competing with (or replacing) centralized apps, in industries like social media, e-commerce, email, and online banking. There are endless possibilities for building dApps on Ethereum’s blockchain.

Where to Buy Ethereum?

He also highlighted the complications brought about by the shift to smart contract wallets, particularly from the user experience perspective when handling multiple addresses. Lastly, Buterin underscored the necessity of improved join pro or pro plus and get lifetime access to our premium materials privacy through enhanced identity, reputation, and social recovery systems. Achieving all three transitions simultaneously will prove “challenging”, Buterin admits, due to the intensive coordination required among these aspects.

These contracts can be used for many digital financial interactions (trading, payments, etc.), supply chain management, insurance, real estate, and even government interactions. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. BitDegree.org does not endorse or suggest you to buy, sell or hold any kind of cryptocurrency.

How to Buy Ethereum

Vitalik began writing for Bitcoin Magazine and suggested improvements to the Bitcoin platform. When these improvements weren’t made, he decided to make his own cryptocurrency instead. CoinCentral’s owners, writers, and/or guest post authors may or may not have a vested interest in any of the above projects and businesses.

1. A smart contract is a way to automate an existing agreement between parties.
2. Since every Ethereum node runs the EVM, applications built on it reap the benefits of being decentralized without having to build their own blockchain.
3. The instruments follow in the footsteps of the eleven trading spot Bitcoin ETFs.
4. Public blockchains like Ethereum allow anyone to add, but not remove, data.
5. Ethereum not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications presenting niche solutions for various industries.
6. It uses a finalization protocol called Casper-FFG and the algorithm LMD Ghost, combined into a consensus mechanism called Gasper.

The Ethereum Foundation follows a roadmap of future modifications and enhancements to the system. No system ever runs fast enough, so scaling continues to develop. Privacy remains paramount, and research into zero-knowledge proofs continues. Some new and popular application not yet on the market may well demand new capabilities from the system. Ethereum’s intersection with the real world is paved with innovation and disruption. There are already a huge number of projects, both live and in development, built on the Ethereum network.

For users of Ethereum, ETH is valuable because it lets you pay transaction fees. When you stake ETH, you dedicate some or all of your holdings so the platform can use them to secure the Ether (ETH) blockchain and the proof-of-stake network on which it operates. Remember that the cryptocurrency market changes very quickly, and trading Ether (ETH) — or any cryptocurrency, for that matter — can be difficult to time and execute correctly. After researching which crypto platform is best for you, create an account. Platforms such as Binance.US enable you to convert fiat currency (e.g., money backed by a local government or bank, such as US dollars) into ETH.

So, now you not only know what is Ethereum but also how it works. Store your private keys online — an example of this is the KuCoin wallet. These aren’t the safest type of wallet, and we do not recommend using them to store large amounts of Ether that you cannot afford to lose.

It often takes only few minutes to move funds across the globe, as opposed to the several business days or even weeks that it may take your average bank, and for a fraction of the price. Additionally, there is no extra fee for making a high value transaction, and there are zero restrictions on where or why you are sending your money. All apps are built on the same blockchain with a shared global state, meaning they can build off each other (like Lego bricks). This allows for better products and experiences and assurances that no-one can remove any tools apps rely upon. Anyone can interact with Ethereum network or build applications on it. This allows you to control your own assets and identity, instead of them being controlled by a few mega-corporations.

Five months later, the crypto market’s bullish streak strengthened due to increased buying pressure, pushing the price of every digital currency to new highs. Because almost every new project launched on Ethereum by doing an ICO, ether was in high demand. By January 2018, ether’s price shot to $1,418 before experiencing a huge fall.

Anyone can use Ethereum—it’s designed to be scalable, programmable, secure, and decentralized—to create any secured digital technology. Its token is designed to pay for work done supporting the blockchain, but participants can also use it to pay for tangible goods and services if accepted. Ethereum has pioneered the concept of a blockchain smart contract platform. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability.

This is called mining because it is similar to gold or diamond mining. Instead of digging in the ground, though, the miners are verifying transactions. Because Solidity is like JavaScript (one of the most common programming languages), it encourages developers to create new and exciting dApps. The information held on the blockchain is verified by ‘consensus’. This means that more than half of the nodes must agree that information is correct before it is allowed onto the blockchain.

That added a layer of expertise to his work that other writers cannot match. Investors may soon be able to invest in eight different spot ether ETFs as the Securities and Exchange Commission (SEC) in May 2024 approved a rule change to list and trade shares of these ETFs. Tokens that mirror the value of traditional currency like dollars. Of course many also see it as an investment, similar to Bitcoin or other cryptocurrencies.

The Bitcoin and Ethereum blockchains and networks are different concerning their overall aims. Bitcoin was created as an alternative to national currencies and thus aspires to be a medium of exchange and a store of value. Ethereum was intended as a platform to facilitate immutable, programmatic contracts and applications via a global virtual machine and to take a position as the infrastructure behind Web 3. Ethereum enables developers to build and deploy smart contracts and decentralized applications (dApps) without downtime, fraud, control, or interference from a third party. To accomplish this, Ethereum comes complete with its own programming language that runs on a blockchain.

Imagine all the different transactions that occur in everyday life. Buying or selling a car, renting an apartment, placing a bet on the World Cup Final. They all involve trusting strangers with your money and your information. Ethereum solves this issue, which means it has lots of potential for the future.

New spot ETFs for Ethereum—which will let investors purchase the second most popular cryptocurrency in the form of stocks— are expected to begin trading on Tuesday, July 23. It is also relatively performant platform, allowing for rapid deployment of applications and validation of new blocks added to its blockchain. This encourages a vibrant community of creators and developers to keep innovating on it, further reinforcing its value.

Ethereum is a story that is written by all of us, so come and discover what incredible worlds we can build with it together. There are many predictions about ether’s price, but they are speculation at best. There are too many factors at work in cryptocurrency valuation to accurately predict prices in one week, let alone several years. The applications you may use in the metaverse, such as your wallet, a dApp, or the virtual world and buildings you visit, are likely to have been built on Ethereum. For example, sports fans can buy a sports token—also called fan tokens—of their favorite athletes, which can be treated like trading cards. Some of these NFTs are pictures that resemble a trading card, and some of them are videos of a memorable or historic moment in the athlete’s career.

HitBTC Reviews Read Customer Service Reviews of hitbtc com 7 of 75

I bet that the majority of you were looking for a HitBTC exchange review because you wanted to make sure that this platform is legit and suitable for trading. You already know that it’s reliable, however, there are other aspects that matter. While some platforms support up to 10 cryptocurrencies, others can support hundreds and even more.

How to Deposit & Withdraw on HitBTC

The Support Team has replied and provided you with instructions regarding the addition proof of address document. It has been hacked in 2021 where it lost nearly $1 million. There are several users claiming that their HitBTC was hacked but the company remains silent on this issue. There is no formal disclosure of company employees’ strengths and other details. This shows that the exchange is not so transparent. Once a user reacher at tier 8 with 50,000 BTC per month or more, this platform pays a rebate of -0.01% per trade to the users.

Money Eating Machine

• As of the last update of this review, Coinmarketcap had liquidity of $ 100 million, which gives it a place 2 on the list.
• In some cases, this means that HitBTC users must verify their identity and provide proof that they received their assets legally.
• Hi, probably many know about this but for those who don’t, wanted to let you in on what HitBTC has been doing for months.
• It’s very important to keep that in mind before you submit any requirements to them so that you wouldn’t experience any issues when it comes to your account verifications.
• The support team has replied and provided you with instructions.

I have complied with their repeated requests to recover my 2FA. We have received various ticket number with the name Mara Cueva from HitBTC Support Team. Mara assures me they will help me log into my account and will send an email.

• Without further ado, let’s jump to HitBTC review and find out more about this cryptocurrency exchange.
• That being said, you can credit yourself with a test fund and apply different strategies when trading.
• They’ll ask for photo ID, proof of residence, they’ll ask about what the coins are for.
• Also, they have a ticketing system if you want something answered.

How to Register a HitBTC Account

On the top left side of the page, you will find an “Exchange” button. By clicking on it, you will enter is hitbtc legit into the main trading area. The page can look intimidating for users who have never done trading.

It provides an easy back office integration, and it is compatible with HFT set-ups, and algorithmic trading systems. This platform is best-known for being a robot-friendly exchange. Thanks to this feature, this exchange is more attractive to trading bot developers. Whether these comments and criticisms are warranted is hard to determine. However, our HitBTC review would not be complete if we did not cover these points. In any event, you should never leave a large amount of coins on an exchange irrespective of its reputation.

On the right side are presented forms for registration and a button to enter your personal account, if you are already registered. Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. The physicist has couple of years of professional experience as project manager and technological consultant. https://www.tokenexus.com/ Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them. HitBTC is accessible via the FIX protocol in order to satisfy the needs of institutional clients with existing systems. HitBTC supports FIX via two types of interfaces, including FIX Market data and FIX Trading.

It also allows users to make transactions directly from their bank account. This facility of using a bank account is only available for users who have completed their KYC. Please note that the verified users on HitBTC fall into their tier fee system. According to the tier fee system, the fee is determined based on the user’s trading volume during the past 30 days. Today we will review HitBTC, a cryptocurrency exchange that offers high liquidity and access to the largest cryptocurrency collection in the industry. HitBTC is known for the fact that thanks to the API, the exchange can be quite friendly to people who are involved in the creation of trading bots.