HitBTC claims to be the world's most advanced cryptocurrency exchange providing markets for a large number of cryptocurrencies. Exchange development started in 2013, as a collaboration between software developers, finance professionals, and traders. The platform was built to replicate the features of world-renowned exchanges, such as NYSE, NASDAQ, and LSE.
HitBTC was officially launched in February 2014, after receiving $3 million of funding from Israeli investors. It promised to be vigilant about suspicious user behavior and fully compliant with Anti-Money Laundering (AML) guidelines.
There is no information about the founders in the public domain. HitBTC's leaders addressed their anonymity in a statement on its forum:
"Our headquarters is located in Hong Kong, China. We are certain that revealing the confidential information has nothing to do with the exchange reliability. Due to the fact that we are totally responsible for our user's funds only we can protect them - that is why some information about our exchange is confidential (etc. full address). CEO publicity can not guarantee the funds safety from the hack attack, but the security measures, which we are applying on HitBTC, can." [sic]
HitBTC says its main focus is on implementing cutting-edge technologies to cryptocurrency trading. It has stated that its core matching engine is the most advanced technological product in its class.Read More
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