What is Hotbit? 📊
Founded in 2018 in China, Hotbit is a cryptocurrency exchange that is known for having a lot of coins and tokens listed and available for trading. They have a whopping combination of 1700+ coins and tokens listed!
Does Hotbit allow futures trading? 📈
As of today, unfortunately, Hotbit doesn’t have leveraged and futures trading and only supports trading through spot orders.
We recommend following Hotbit’s Twitter account to be up to date with future platform updates.
Alternative exchanges with futures trading ✨
For futures and leverage trading, we heavily recommend using reputable exchanges such as FTX and Binance.
is Hotbit safe and secure? 🔒🤔
The Hotbit team seems to be doing a pretty good job in keeping the platform secure. But regardless, while Hotbit is a great platform to trade, we always recommend using a hardware wallet for holding coins and tokens for the long term.
Final Thoughts 🗒
Trading or investing in tokens using centralized or decentralized exchanges is great and all that, but always make sure your funds are secure. We always recommend using a nice hardware wallet like a Ledger to achieve this.
