HitBTC is a cryptocurrency exchange established in 2013 by a team of finance professionals and engineers. The platform offers trading services for a wide array of digital assets, supporting over 500 cryptocurrencies across more than 900 trading pairs.

Corporate Structure and Locations:

• Management: HitBTC is managed by Hit Solution Limited, a company based in Hong Kong

• Offices:

  • Hong Kong: Unit 19, 7/F., One Midtown, No.11 Hoi Shing Road, Tsuen Wan, New Territories.
  • Chile: Avenue Vitacura 2969, Las Condes, Metropolitana, 7550007.

Regulatory Status:

• British Virgin Islands (BVI): HitBTC was incorporated as HiTech Digital Business Ltd. on August 9, 2018, under the BVI Business Companies Act, 2004. The company was struck off the Register of Companies on May 1, 2020, due to non-payment of annual fees, and subsequently dissolved on July 4, 2023. Notably, HitBTC was never licensed or regulated to conduct financial services in or from within the BVI.

Services Offered:

• Spot Trading: Facilitating real-time transactions of a vast selection of cryptocurrencies.

• Futures Trading: Providing contracts that allow users to speculate on the future prices of digital assets.

• Over-the-Counter (OTC) Trading: Offering services for large-volume trades, enabling direct transactions between parties to ensure liquidity and minimize market impact.