Centralized crypto exchange operating since 2014 with spot, perpetual futures and REST API trading
HitBTC is an international centralized cryptocurrency exchange that provides spot markets, perpetual futures, and over-the-counter settlement. Established in 2013 and opened for public trading in February 2014, the exchange operates its own ERC-20 utility token, HIT, which offers trading fee discounts across its markets.
The exchange is managed by Hit Solutions Limited, an entity incorporated in Hong Kong with operational facilities in Tsuen Wan and an administrative office in Las Condes, Chile. Corporate registry filings associate its operations with the British Virgin Islands.
The matching engine supports spot trading across major crypto pairs, quick instant swaps in web and mobile applications, and perpetual futures positions settled daily. Algorithmic traders and market makers connect via REST and FIX APIs. The platform also offers an OTC desk for large off-order-book transactions to reduce price slippage, while mobile applications for iOS and Android support direct debit card purchases and two-factor authentication security setups.
HitBTC complies with AML and KYC requirements, applying verification tiers based on withdrawal and trading volume. It does not hold local regulatory licenses in several major markets. The platform does not serve residents of the United States, North Korea, Sudan, Cuba, Syria, or Crimea and Sevastopol. In June 2018, HitBTC suspended operations for all residents of Japan after national regulators introduced updated domestic licensing mandates.
In October 2026, daily spot trading volume was approximately $95.8M across dozens of active pairs. HitBTC is an unregulated exchange, so traders carry direct counterparty and custody risk. Users remain vulnerable to regulatory actions and sudden geographic restrictions, while derivatives products introduce standard leverage liquidation risks.
HitBTC provides spot and perpetual futures trading with an unbreached record since 2013, but operates without regulatory licenses and excludes residents of the United States.
HitBTC is an established centralized cryptocurrency exchange managed by Hong Kong-based Hit Solutions Limited. Founded in 2013 and opened to public trading in February 2014, the exchange maintains a track record free of documented security breaches or asset losses. The platform provides spot trading, perpetual futures contracts, and over-the-counter (OTC) dealing for high-volume transactions, supported by programmatic access via REST and FIX APIs.
Trading on the venue centers on spot instruments and perpetual derivatives, alongside the exchange utility token, HIT, which operates on Ethereum to offer trading fee discounts. The platform also includes an instant swap function within its web terminal and mobile application for iOS and Android. Mobile users can complete identity verification and purchase crypto directly using debit cards.
HitBTC remains an unregulated venue registered in the British Virgin Islands, operating without formal financial licenses. The platform enforces identity verification tiers to comply with AML standards and prohibits users from the United States, North Korea, Sudan, Cuba, Syria, and Crimea. Operations in Japan were suspended in June 2018 in response to local domestic regulatory mandates.
| Markets | Spot, Futures, OTC · unverified |
|---|---|
| Coins listed | 56 · unverified |
| KYC required ⓘ | Yes · unverified |
| Accepts US customers | No · unverified |
| Mobile app | Yes · unverified |
| Licenses & registrations | British Virgin Islands registration · unverified |
| Security features | Two-factor authentication · unverified |
| Futures & perpetuals | Yes · unverified |
Not disclosed by the provider: Maker fee, Taker fee, Fiat deposit methods, Proof of reserves, Staking / earn, Max leverage (x), Copy trading, P2P market, Earn / savings products, User protection fund, Referral program.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Supports order-book spot trading across dozens of crypto assets, paired against bases such as USDT, BTC, and ETH.
Offers perpetual derivatives trading where settled profits credit directly to the user balance at the end of each daily cycle.
Provides trade execution through REST APIs, alongside FIX API and colocation access for market-making firms.
Facilitates direct private trade settlement between counterparties off the public order books with minimal price slippage on large block orders.
Enables instant one-click conversions between supported cryptocurrencies at prevailing market rates without placing order-book trades.
Mobile applications for iOS and Android allow users to complete KYC checks, add debit cards, and execute trades.
The central order book trading interface allows execution across major cryptocurrencies and altcoins with limit and market orders.
A derivatives trading desk where users trade perpetual contracts with configurable leverage and daily settlement.
A quick-exchange feature that lets users convert digital assets at current market rates directly in the web terminal or mobile app.
A specialized off-book service designed to settle large cryptocurrency trades directly with reduced market slippage.
A smartphone client for iOS and Android that handles account onboarding, identity verification, debit card purchases, and mobile trading.
There is insufficient user feedback to determine general user sentiment or identify recurring themes regarding the platform.
Based on 1 Reddit posts and comments from the last 12 months, checked Oct 21, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
No user reviews yet. Have you used HitBTC? Share your experience below.
HitBTC was founded in 2013 and is operated by Hit Solutions Limited, an entity based in Hong Kong.
No, HitBTC prohibits residents and citizens of the United States from using its services.
Yes, HitBTC applies tiered identity verification rules to comply with anti-money laundering regulations.
HitBTC has not suffered a documented platform breach or lost user deposits since its launch in 2013.
Yes, HitBTC issues the HIT token on Ethereum, which offers fee discounts and ecosystem benefits.
HitBTC supports spot trading, perpetual futures with customizable leverage, and off-book over-the-counter trades.
Recent public posts from @hitbtc, shown as published. Not reviewed or endorsed by CryptoReview.
Recent posts from the official Telegram channel @HitBTC_channel, shown as published. Not reviewed or endorsed by CryptoReview.
Institutional liquidity and turnkey trading infrastructure supporting over 1,500 instruments
Regulated U.S. crypto exchange with 0% spot maker fees and over 200 listed assets
Non-custodial swap aggregator offering wallet-to-wallet trading across 2,800+ cryptocurrencies
Regulated Canadian crypto marketplace acquired by Robinhood with Interac e-Transfer funding
European multi-asset broker offering 650+ cryptocurrencies, stocks, and precious metals under MiCAR rules
European crypto exchange with 453 assets, MiCA authorization and fees from 0.00%
Type at least two characters. Press ↵ to see all results.
