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Hotcoin
Spot Trading volume (within 24 hours)
$24,682,746,038.89
About Hotcoin

## What Is Hotcoin Global? Operating out of Australia, Hotcoin Global is a digital asset trading platform. The obtained two different licenses to conduct its operations from AUSTRAC: digital currency trading and foreign currencies exchange. As of 2022, the centralized cryptocurrency exchange (CEX) had an estimated 5 million active users, with its daily transaction volume reaching billions of dollars. ## Who Are The Founders of Hotcoin Global? The cryptocurrency exchange is owned by Hotcoin Global Exchange Pty Ltd. There is, however, very little information about the company online. ## When Did Hotcoin Global Launch? The platform launched in 2017. ## Where Is Hotcoin Global Located? The company’s headquarters is located in Sydney, Australia. ## Hotcoin Global Restricted Countries Although CoinMarketCap has been unable to confirm the number of countries restricted from using the exchange, the company’s terms and conditions state that persons residing in Japan and the United States cannot access its services due to regulatory hurdles. ## What Coins Are Supported on Hotcoin Global? There are 335 coins and 361 markets on the cryptocurrency exchange. Although the platform does not have a fiat-on-ramp service, customers can purchase crypto with their credit cards or through a peer-to-peer marketplace on the exchange. ## How Much Are Hotcoin Global Fees? Hotcoin Global charges a flat fee of 0.20% for both makers and takers. ## Is It Possible To Use Leverage or Margin Trading on Hotcoin Global? In addition to spot trading, the crypto exchange offers advanced trading options for more experienced traders. Hotcoin Global supports up to 10X leverage.

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Common problems
What does centralized exchange mean?
A centralized exchange generally refers to a custodial asset trading place controlled and managed by a company or operating entity. Users need to deposit their assets on the platform to start trading. In traditional finance, stock exchanges such as NYSE, Nasdaq, etc. are all centralized exchanges. Binance, Coinbase, and Kraken are centralized exchanges in the crypto industry. Their operations are similar to Nasdaq, using a central order book model to match transactions and determine asset prices.
What fiat currencies does Hotcoin support?
Hotcoin currently supports 0 types, including .
What is the market capitalization of Hotcoin?
The current market value of Hotcoin is 692.
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