HitBTC is a cryptocurrency exchange that allows trading of over 300 cryptocurrency pairs. The HitBTC exchange was launched in 2013 by Estonian and Israeli specialists and entrepreneurs. More than 40 percent of transactions on the platform are made with Bitcoin (BTC) and there are two interface languages available: English and Chinese. HitBTC has its pros and cons. For instance, service doesn’t require for registration so the account may remain anonymous. However, replenishing an HitBTC account in dollars is possible only after a time-consuming process of verification. There are no HitBTC applications for Android or iOS. Nevertheless, the platform has relatively low fees and strong security properties, which still attract a lot of users.
Flexibility in the face of the highly volatile crypto space has pushed for the introduction of new staking mechanics.
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Bitcoin from the 2014 Mt. Gox hack are on the move again, with 65 BTC sent to exchange HitBTC on Nov. 22.
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The crypto was dormant in the account for over seven years and with the move, a majority found its way to personal wallets.
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High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free.
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HitBTC plans to list Terra's brand new LUNA token on May 27 as the suspended Terra Classic blockchain is expected to revive as Terra 2.0.
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