HitBTC doesn’t operate in countries like US, Canada, UK, Belgium, France, Germany and Italy due to regulatory challenges. A VPN helps you to access HitBTC in these areas while ensuring your cryptocurrency trading remains protected.
HitBTC is a global trading platform that offers a comprehensive list of digital currencies for trading. On this platform, you can buy, sell, exchange cryptocurrencies, and also engage in margin trading. As an exchange that follows the KYC (Know Your Customer) protocol, HitBTC mandates user verification for enhanced security and compliance with financial regulations.
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In countries where HitBTC is not available, using a VPN can help you gain access. It hides your real IP address to bypass regional restrictions, while securing your trading activity on HitBTC. Pick a premium VPN, connect to a server in a HitBTC-supported region, and gain uninterrupted access to the exchange!
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Connect through a global server network to bypass censorship and regional restrictions.
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Engage in Initial Coin Offerings (ICOs) or crypto ventures that are exclusive to certain countries.
HitBTC is accessible in over 90 countries for trading and investing in a vast array of digital currencies. However, HitBTC might be inaccessible in some areas, and you will need a VPN to access the platform in those regions.
HitBTC uses robust security protocols, including two-factor authentication, cold storage for assets, and a dedicated insurance fund. But, the platform has encountered security issues in the past.
HitBTC is not available in several areas, including China, North Korea, Iran, Japan, Korea, certain Canadian provinces such as Ontario, Cuba, and Syria. Moreover, countries under sanctions by the US, such as Sudan, Belarus, Ukraine, Russia, Somalia, Burma, Central African Republic, Libya, Zimbabwe, Venezuela, and Yemen face restrictions.
Yes, HitBTC requires you to complete the KYC process for certain transactions like withdrawals, taking out loans through HitBTC, and using the OTC Desk. You must submit a photo ID and proof of residency to use these features.
HitBTC faces some restrictions for US residents, who may find it challenging to create and use an account. The platform enforces limitations for American users, impacting their trading capabilities and access to certain functionalities.
