Introduction
Hotcoin.com is a globally known crypto exchange, operating in Australia and providing its dynamic services at a global level. Hotcoin.com was founded in 2017 and is headquartered in Sydney, Australia. This exchange is known for its two licenses i.e., one for foreign currency exchange and the other for a cryptocurrency trading platform. Although the Hotcoin.com trading platform is working at the global level with the users over 7 million spread 180+ countries.
Hotcoin’s services are not available for customers residing in Japan and the United States. Hotcoin Global supports a wide range of cryptocurrencies and is getting the appreciation of the best cryptocurrency exchange in multiple countries due to its dynamic features. This review will discuss the features of the Hotcoin Global crypto exchange to ensure that if it is the right exchange for trading and investing.
Hotcoin.com Supported Cryptocurrencies and Trading Pairs
Hotcoin crypto exchange supports 447 cryptocurrencies and 500+ trading pairs. Bitcoin ($BTC) is the signature coin being supported by Hotcoin.com and it also supports the leading and prominent digital assets of the crypto market which includes Ethereum ($ETH), Ripple ($XRP), Litecoin ($LTC), Ethereum Cash ($ETC) and many more. If we talk about its support for multiple cryptocurrencies and trading pairs, Hotcoin Global is ranked 12th out of 305 cryptocurrency exchanges.
Features of Hotcoin Trading Platform
Hotcoin Global cryptocurrency exchange has significant features which ultimately benefit the users. Hotcoin.com is considered to be one of the safest and most secure exchanges. It has smooth and easy-to-carry-out deposit and withdrawal methods. Exchange gives time-to-time promotions and discounts.
Hotcoin enables users to trade confidently in a user-friendly trading ecosystem that ensures the safety and stability of their digital assets. As it has a user-friendly trading policy, people get more benefits at the rate of a lower exchange fee structure.
Mobile Application of Hotcoin Crypto Exchange
Few of the customers find it very difficult to trade on the desktop due to carrying a laptop or sticking to the system at a specific place. But, Hotcoin.com has an exceptional and user-friendly mobile application for both Android and iOS users.
The mobile application of Hotcoin Global frees the users from the limitations of time and place. Through the mobile application of the Hotcoin.com trading platform, users can easily manage their digital assets and trade from anywhere at any time.
Fee Structure – Deposit and Withdrawal over Hotcoin Global
Hotcoin Global is also known for its reasonable and comparatively lower fee structure. It follows the same maker/taker module but it doesn’t charge a different fee from both parties, rather it takes a flat 0.20% from the maker and taker. Depositing in the exchange is free of cost, however, the exchange charges 0.0005 BTC upon the withdrawal of Bitcoin ($BTC).
Is Hotcoin.com a Safe and Secure Exchange?
As Hotcoin Global is a centralized exchange licensed by the Australian Regulatory Authorities, it is considered to be the safest and most secure exchange. It is important to note that Hotcoin.com crypto exchange has two licenses issued by the AUSTRAC (Australian Transaction Reports and Analysis Centre) for forex trading and crypto trading.
The Hotcoin trading platform offers practical risk management tools, price alerts, account protection and a demo account which enhances the trust of people in the exchange. Hotcoin Global also holds ISO, 2FA and PCI to ensure the safety and security of the digital assets of customers.
Customer Support Services of Hotcoin Global
Customer support service is another strengthening aspect of Hotcoin Global. Hotcoin.com offers 24/7 customer support services through live chat, Facebook, Viber, WhatsApp, phone, telegram and email. Customers can chat in their native language as the exchange offers customer support in multiple languages.
Pros and Cons
Pros
- User-friendly interface
- Advanced mobile app
- Low trading fee
- Efficient customer support services
- Regulated by AUSTRAC
Cons
- Not available for Japan and US-based customers
- No referral-based rewards
- Low trading liquidity
Concluding Remarks
Hotcoin Global, an Australia-based cryptocurrency trading platform established in 2017 operates globally with a focus on providing dynamic services. With licenses for foreign currency exchange and cryptocurrency trading, it has gained recognition as a top cryptocurrency exchange in various countries. While its services are not available in Japan and the United States, Hotcoin Global supports a diverse range of cryptocurrencies.
FAQs
Which cryptocurrencies Hotcoin Global exchange support?
Hotcoin Global exchange supports 447$ cryptocurrencies and 510+ trading pairs, including major assets like Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL), and many others.
Is Hotcoin available for U.S. customers?
No, Hotcoin Global’s services are not available for customers residing in Japan and the United States
What is trading fees on Hotcoin?
Standard spot trading fees are 0.20% for both makers and takers, with promotional zero-fee events on select pairs. Futures and VIP tiers may offer discounts based on volume.
This Hotcoin.com Global Crypto Exchange review is solely for the informational and educational purpose and does not constitute and financial advice. Cryptocurrencies are highly volatile and prone to higher risk when it comes to trading, so do your own research (DYOR) before opting any crypto exchange for spot or futures trading.
ShahZaib Ahmed is a seasoned Crypto Journalist passionate about cryptocurrencies, blockchain technology, and decentralized finance (DeFi). With years of experience in the industry, ShahZaib Ahmed has written extensive news articles, price analysis articles and guide articles on Cryptocurrencies, Blockchain, DeFi, NFTs, Web3, and FinTech. Known for insightful analysis and a keen understanding of market trends, he brings complex concepts to life for beginners and seasoned investors.
- ShahZaib Ahmed
- ShahZaib Ahmed
- ShahZaib Ahmed
- ShahZaib Ahmed
