What problem does this service solve?

HBTC's trading platform does not appear to provide any noticeable advantages to exchanges.CEX.io is a London-based exchange that was initially launched as a cloud mining pool.

Token Stats

Not Relevant

Company Description

HBTC is a cryptocurrency exchange that was previously known as BHEX, or Blue Helix. The HBTC exchange offers traders a variety of currency pairs, as well as other trading options such as options contracts and and OTC desk. As part of the company's re-branding, a token swap will be held to allow holders to transfer their BHT tokens to HBC.

CEX.io is a British company that changed its focus from mining into becoming a cryptocurrency exchange. CEX has made an effort to add many coins, and boasts of fill-or-kill (FOK) orders that allow for some of the industry’s fastest trading, but it has a poor record on privacy and transparency that should give pause to traders.
The exchange’s fill-or-kill (FOK) orders are very fast, but come at a steep 7% fee. The mobile application is easy to use, and there is also an API integration. CEX is a regulated exchange that complies with all KYC and ALM laws, so they are able to accommodate several funding options, including credit cards and bank transfers.
The majority of CEX.io’s trading volume is done with bitcoin, and although they have made an effort to add more coins, this exchange simply does not have the trading options that others do. The low trading volume of other major coins provides limited liquidity for most traders.
Trading fees vary depending on trading volume between 0.16%-0.25%.Bank transfers are free and withdrawal fees are lower compared to their competitors, but transfers can take up to 20 days.
Although CEX.io is easy to use and allows for very fast crypto purchases, it has high fees, delayed withdrawal times, and a poor record on privacy/transparency.

Ratings

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5/5 (1)