HitBTC increases support for fiat deposits

Investing | October 18, 2016 By:

HitBTC has increased the support of EUR and USD depositing, allowing all new registered users to easily pass the verification process, deposit fiat currencies on their accounts and proceed to cryptocurrency trading.

“After three years of hard work, we’re finally ready to bring mainstream traders to cryptocurrencies, and vice versa. Cryptocurrency trading is a young, sharp, and fluctuating, yet quite established field. Like any other markets, cryptocurrencies are influenced by a plenty of factors and follow certain patterns that can be analyzed and used professionally for making a profit. Therefore, we’re making steps forward to traders so that, they can capitalize their knowledge in a relatively new, promising niche,” said HitBTC product manager Paul Clarkson.

The additional support for fiat currencies will catapult HitBTC to the next level. By attracting professional traders, the exchange hopes to put cryptocurrency on the minds of millions of people. Unlike more traditional trading offers, cryptocurrency is “fresh,” yet still influenced by factors. It also follows specific patterns for those who are well-versed in performing a technical analysis. There is plenty of profit to be made, although the possibility of losses is nearly equal.

The core components of this exchange process will include transparency, dependable API, support for FIX protocol, special offers for market makers, among others. The exchange has already finished with the core development and is now ready to engage newcomers with 0% depositing fees. All new verified users can request this fee till October 20, 2016.