Binance.US vs HitBTC

How Binance.US vs HitBTC compare on our ratings, exchange specs, funding, pros and cons.

VS
HitBTC3.0/5
Feature
Ratings
Our score4.1/53.0/5
User ratingNo reviews yetNo reviews yet
Fees5.03.0
Security & trust4.03.5
Asset selection4.03.0
Ease of use4.03.0
Support3.52.5
Specs
MarketsSpot, OTCSpot, Futures, OTC
Maker fee0%Not disclosed
Taker fee0.02%Not disclosed
Coins listed20056
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHNot disclosed
KYC required Yes Yes
Accepts US customers Yes No
Proof of reserves YesNot disclosed
Staking / earn YesNot disclosed
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesBritish Virgin Islands registration
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certifiedTwo-factor authentication
Futures & perpetuals No Yes
Copy trading NoNot disclosed
P2P market NoNot disclosed
Earn / savings products YesNot disclosed
User protection fund NoNot disclosed
Referral program YesNot disclosed
Company
Founded20192013
HeadquartersUnited StatesHong Kong
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1Not disclosed
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Continuous operational history dating back to February 2014
  • Provides FIX API access and colocation for high-frequency market makers
  • HIT utility token grants fee discounts across trading products
  • OTC trading desk available for large block trades with minimal price slippage
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Not accessible to traders in the United States or Japan
  • Unregulated exchange operating without formal financial licenses
  • No statutory user protection for customer balances
  • Centralized custody exposes account balances to platform counterparty risk
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsNon-US algorithmic traders, Market makers needing FIX APIs, High-volume OTC crypto buyers

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