HOTCOIN
🏆 Arbi.TEAM 1/10
📋 Basic information
📊 Trading statistics
📖 About exchange
Hotcoin
Australian exchange with global presence
Basic Information
| Founded | 2017 |
| Country | Australia / Global |
| Type | Centralized (CEX) |
| Trust Score | N/A |
| Rank | N/A |
| 24h Volume | N/A |
| Coins | ~130 |
| Pairs | ~200 |
History
Hotcoin was founded in 2017. Initially targeting the Asia-Pacific region, the exchange later expanded to global markets. The platform offers spot trading, futures, margin trading, and passive income tools.
In 2020 Hotcoin launched its own token and a loyalty program with fee cashback. In 2021 the exchange introduced fiat deposit support and expanded trading pairs. The platform also offers social trading and copy trading features.
Hotcoin is known for relatively low fees compared to competitors. The exchange actively works on interface improvements and new feature additions. The platform partners with several market makers to maintain liquidity on major pairs.
Key Features
Spot and Margin Trading
Wide selection of pairs with up to 5x leverage.
Futures
Perpetual contracts with up to 50x leverage.
Copy Trading
Follow strategies of successful traders.
Native Token
Fee discounts and cashback when using HOT.
Fiat Gateways
Deposits and withdrawals in AUD, USD, and other currencies.
Mobile App
Trade on the go via smartphone application.
Trading Fees
| Operation | Fee |
|---|---|
| Spot Trading (maker) | 0.08% |
| Spot Trading (taker) | 0.10% |
| Futures (maker) | 0.02% |
| Futures (taker) | 0.05% |
| Crypto Deposit | Free |
| Crypto Withdrawal | Network dependent |
Security
Hotcoin uses cold wallets, two-factor authentication, and data encryption. The platform regularly updates security systems and conducts internal audits. Independent audits and Proof of Reserves are not published, which reduces trust for conservative users.
Geography & KYC
The exchange has Australian roots and operates globally. KYC is required for withdrawals and leveraged trading. Russian users are permitted on the platform. US residents and some other jurisdictions are restricted.
Pros & Cons
Pros
- Low trading fees
- Wide range of instruments (spot, futures, copy trading)
- Fiat gateway availability
Cons
- Low market visibility
- No public Proof of Reserves
- Average liquidity
User Reviews
Users praise Hotcoin for low fees and a good coin selection. Negatives include slow support and occasional technical issues during high volatility. The platform is gaining popularity in Asia but remains little-known in Western markets.