Functions of the crypto app Blockpit
What advantages does Blockpit offer HitBTC trader?
About the cryptocurrency exchange HitBTC
Fees, security, functions & cryptocurrencies for HitBTC
Security is a top priority at HitBTC. All trading activities are logged and a two-factor authentication exists. Among other things a Cold-Wallet is used. This is a digital exchange outside the trading platform in which most of the existing crypto coins are stored. The cryptos for the current trade are stored on the website in a hot wallet. If a hacker attack were to occur, in the worst case only the hot wallet would be attacked.
There are fees per transaction and these depend on the assets used or the trading volume of the last 30 days and on purchases or sales. A principle with Kraken is that the higher the assets used, the lower the fees to be paid. In summary, Kraken's payout and deposit fees are very low compared to other crypto exchanges. However, operators charge higher transaction fees.
Especially crypto beginners are faced with a question at the beginning: Which exchange should I use? When making this decision, it is particularly important to get an overview of the various functionalities. Exchanges are, for example: HitBTC vs. Kraken, HitBTC vs. Coinbase, HitBTC vs. KuCoin, HitBTC vs. Bitfinex, HitBTC vs. Binance and many more.
It should be noted that HitBTC charges low trading fees. The Exchange is a comprehensive trading platform where Altcoins can also be traded. There is also no minimum deposit required. Unfortunately, there is only a limited number of cryptocurrencies.
How do I get my HitBTC API key?
Easy import of your transactions via API import from HitBTC
Enter crypto taxes from HitBTC
How do I enter my HitBTC trades in my tax return?
In addition to the webapp, our users can also keep an eye on their portfolio on the go, thanks to the mobile app for Android and iOS.