Summary: Hotbit is no longer operational as the exchange has decided to shut down it's business. In May 22 Hotbit announced that its operations would cease and asked users to withdraw their remaining assets by June 21. For users who are looking for a safe and regulated exchange with 1000s of digital assets, we recommend eToro.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.
Hotbit Supported Countries
Hotbit was a cryptocurrency exchange registered in Hong Kong which was established in 2017.
Hotbit provided it's users with a variety of trading services, such as spot and futures trading, ETFs, and earning products.
At it's peak, the company had over 5 million registered users, its Android and IOS applications have been downloaded more than 1 million times.
At the time of writing, Hotbit is no longer operation and is in the process of winding down the business.
Hotbit Restricted & Banned countries
Hotbit is not licensed in any country and is winding down it's operations.
"For 5 years and 4 months, the Hotbit team has been proud to participate in a wonderful crypto show with 5 million users. However, it is with great regret that we have made the decision to stop all CEX operations from May 22, UTC 04:00. We kindly ask all users to withdraw their remaining assets before June 21, UTC 04:00"
Is Hotbit licensed and regulated?
Hotbit has decided to bow out and is ceasing all operations.
Is Hotbit available in the US?
As Hotbit is not available in the United States, we recommend regulated and safe alternatives like eToro.
Can I use Hotbit in UK & Canada?
Hotbit has ceased it's operations and is no longer supporting any countries.
eToro USA LLC: Investments are subject to market risk. Including the possible loss of principal. Don’t invest unless you’re prepared to lose all the money you invest.