Is HEZBIT reputable?

If you are thinking of new ways to make money and want to start trading, the important thing is to choose a cryptocurrency trading platform that is highly rated.

However, that is not easy to do because there are many factors to consider to find a platform that suits your individual needs. These aspects include transaction fees, legal support for cryptocurrencies, security, and many other aspects. Needless to say, we will focus on all of these factors in this HEZBIT platform review.

In this HEZBIT platform review, you will learn more about what the HEZBIT cryptocurrency derivative trading platform is, which country the HEZBIT platform is from, whether the HEZBIT platform is reputable, its advantages and disadvantages, information about the company, main goals, features, and more.

Although the HEZBIT trading platform is still relatively new to Asian investors, it is already one of the most popular exchanges in the international market. Start the HEZBIT platform review right away and find out why it has been so successful.

Is HEZBIT a scam?

Overall review of HEZBIT platform

ﾠﾠThe HEZBIT platform was officially launched to the cryptocurrency community in 2014. And the HEZBIT development team created an ICO coin project to raise development funds. Specifically, the platform has issued the HEZ token with an initial price starting from 1 USDT.

With a growing number of employees and a vision for expanding globally, HEZBIT Exchange has opened representative offices in key developing countries. Continuously improving its service quality, HEZBIT Exchange officially launched its App trading platform in 2019. Additionally, in the same year, the Broker introduced margin trading features with diverse levels.

Furthermore, in 2021, the exchange rapidly developed its payment ecosystem, allowing customers to buy and withdraw funds through various investor-friendly platforms.

Is HEZBIT Exchange a scam? Is HEZBIT Exchange safe?

To ensure safety and security across all systems and uphold customer security, HEZBIT Exchange operates according to industry standard financial regulations. The encryption and security systems of this broker operate at a high level, akin to major banks worldwide. By taking these measures, the broker aims to dispel rumors of HEZBIT Exchange being a scam.

Moreover, this brokerage is implementing advanced risk control measures. HEZBIT Exchange has also announced a partnership with a leading global cryptocurrency storage unit - Onchain Tether. Additionally, the exchange has completed agreements with a private insurance unit - Lockton.

However, to ensure the safety of traders, users are required to undergo a verification process as per HEZBIT Exchange's requirements. This is crucial to enhance personal security and prevent theft of information leading to financial loss. Specifically, traders should:

  - Enable two-factor authentication.

  - Safeguard the anti-fraud security mnemonic phrase provided by the exchange.

  - Securely log in with the mnemonic phrase.

  - Set up verification through phone numbers or email notifications.

  - Restrict account logins on unfamiliar devices.

By following these steps, traders can protect their accounts and ensure safer fund management.

HEZBIT Exchange Review: Introduction about the company

Which country is HEZBIT exchange from? HEZBIT was only established a few years ago, in 2014, and is based in Colorado, USA. This platform is growing rapidly and has over 10 million users. Considering the fact that HEZBIT exchange has been in the market for such a short time, this number is truly impressive. So, what is HEZBIT?

The important thing to understand about HEZBIT exchange is that it is not just a regular cryptocurrency trading platform, meaning that besides trading actual cryptocurrency assets, you will also be able to trade derivatives.

HEZBIT Exchange Review: Advantages

As usual, I want to start this HEZBIT exchange review from the positive aspects and include all the reasons why people choose HEZBIT.

Superior features

As the company aims to provide innovative and intelligent trading solutions, spot contracts, it comes with many other features that need to be discussed in this Bybit exchange review. Let me mention the most unique ones and explain each briefly:

Trading system notifications. The trading system that Bybit exchange provides will send you strategy alerts as well as allow you to set a "buy price" upon login.

Integrated HD smart wallet. It is important to always keep your cryptocurrency in a secure wallet. In most cases, I would recommend a cold wallet, such as Ledger and Trezor, however, it seems that HEZBIT exchange provides an all-in-one - an exchange and a cold wallet where you can securely store your funds.

100K TPS matching engine. A super-fast matching engine will ensure that you never have to worry about being overburdened.

Significant market depth. When executing any trades on HEZBIT exchange, it will ensure that you have market impact that is almost imperceptible.

99.99% system reliability. HEZBIT provides you with 99.99% uptime, meaning that this platform will be displayed (almost) all the time.

Modern Pricing Mechanism. The dual pricing mechanism will ensure that you do not encounter any liquidity issues.

As I mentioned, one of the reasons to choose HEZBIT exchange is its features. If you want to take advantage of smart and innovative trading, this is one of the platforms you should consider.

Low trading fees

When it comes to trading, functionality is not the only important factor. Evaluating the fees of HEZBIT exchange is also crucial. This is especially important for daily traders who buy and sell cryptocurrencies multiple times a day.

HEZBIT operates on a "maker-taker" fee model. Market takers are those who seek and take liquidity of bets. They are charged a trading fee. Market makers are those who provide liquidity, deepen the market, and receive a negative trading fee, also known as a rebate.

Now, as you can see in the above table, the HEZBIT fees are very low - the maker fee is 0.1% and the taker fee is the same. This means that this platform is not only suitable for those interested in long-term contracts but also for those who want to maximize short-term profits. There are also many available fee tiers!

Many countries are supported

Not all cryptocurrency exchanges are as widely accessible as you might think. Some of them can only be accessed in certain countries. That being said, before deciding on which platform to choose, make sure it can be accessed in your country.

Which countries is HEZBIT exchange available in? Currently, HEZBIT exchange supports a large number of countries. However, there are some exceptions, including:

  Cuba

  Crimea

  Sevastopol

  Iran

  Mainland China

  North Korea

  Syria

  Sudan

North Korea

Syria

Sudan

Compared to many other cryptocurrency exchanges, HEZBIT supports a wide range of countries.

Mobile trading application

Traders know the importance of being able to trade and monitor cryptocurrencies on the go. To do this, you will need a mobile application. While not every platform has a mobile app, let's focus on HEZBIT and see how the platform fares.

Bybit has an app available on Google Play and the App Store. The app has surprisingly good ratings on Google Play - 4.3 stars. Customers claim that the app has a very clear design, a beautiful user interface, all necessary features, and no bugs. Needless to say, customers recommend this platform for beginners.

Helpful customer support service

As a seasoned trader who knows all the ins and outs, you may not value customer support as much as beginners do. However, having helpful customer support is something you should always expect from a reliable platform like HEZBIT.

The customer support team at HEZBIT is available 24/7. This means that if you encounter any problems using the platform, want to learn more about specific features, or simply need some tips, you can always reach out to them.

Although many providers claim to offer this, not all of them abide by their word. For this reason, I have analyzed many online reviews of HEZBIT's customer support to see if it is truly helpful.

The majority of customers affirm that HEZBIT's customer service is indeed helpful and promptly answers their questions with valuable information and clear responses. Therefore, as promised, you will receive all the necessary assistance in case any issues arise.

Conclusion

HEZBIT is one of the recommended cryptocurrency exchanges with many features such as perpetual futures trading, leverage trading, a smart trading system, a modern pricing system, and more.

HEZBIT has very low fees, supports a wide range of countries, has a mobile trading application, clear design, and helpful customer service. The only notable drawback that some users point out is that the trading platform may be slightly difficult to use for beginners.

With the mentioned features, it is clear that HEZBIT is certainly one of the better cryptocurrency exchanges on the market. Overall, if you are looking for advanced features and a platform to use for all your cryptocurrency trading activities, then you should definitely give it a try!

Thank you for reading, and see you next time!

About Us；

HEZBIT is a P2P cryptocurrency product trading platform, fully owned by HEZBIT GLOBAL LTD Co., Ltd. registered in Colorado, USA. It is the world's first exchange specifically designed for cryptocurrency trading and the only platform that allows cryptocurrency trading at any time. The HEZBIT team has been in operation since 2014 and created the platform. Currently, it is the number one cryptocurrency futures exchange in terms of trading volume, with a large market depth and low fees. HEZBIT is a high-quality exchange.

Why Choose Us?

We aim to provide a trading platform that meets the needs of institutional and professional traders, offering lower latency, better liquidity, and availability.

We Are Industry Pioneers

Operating since 2014, we have weathered many storms and emerged stronger. As industry pioneers, we know what works and what doesn't.

It's important to note that your funds are managed by you, not us. No lending, pledging, or trading on your behalf. We are not a trading room; we are an exchange.

Guide

Cryptocurrencies

Cryptocurrency (crypto) is a digital asset used as a medium of exchange. It extensively uses cryptography for verification and secure transactions between users, as well as for creating new currencies.

Cryptocurrencies exist only in digital form, without a physical equivalent. They do not possess all the core properties of legal tender and are not controlled by any party or national borders.

Despite being intangible, cryptocurrencies are gaining popularity globally and attracting investors and traders. In 2021, around $9.3 billion flowed into cryptocurrency-related funds.

This article covers the basics of cryptocurrency investment for beginners and how to start investing.

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