Hotcoin is a leading cryptocurrency exchange that offers over 335 tradable coins and tokens in spot and futures markets. This AUSTRAC-regulated Australian exchange allows traders to earn up to 100% APY by staking 5 assets on its platform.
Its VIP system spans 6 levels, rewarding users based on a combination of 30-day trading volume and account balance, with withdrawal limits ranging from 2 BTC to 50 BTC per 24 hours.
Hotcoin Company Information and Regulation
Hotcoin Global Exchange Pty Ltd, the company behind the Hotcoin platform, has positioned itself as a regulated and compliant cryptocurrency exchange.
Here are some key points about the company:
- Founded in 2017 in Sydney, Australia
- Regulated by the Australian Transaction Reports and Analysis Centre (AUSTRAC)
- Holds licenses for digital currency trading
- Boasts an estimated 5 million active users
- Daily transaction volume reaches over 1 billion dollars
This regulatory oversight ensures that the exchange adheres to strict anti-money laundering (AML) and counter-terrorism financing (CTF) guidelines, making it a safer option for traders concerned about the legitimacy of their chosen platform.
Hotcoin CEO
Hotcoin does not publicly disclose the full name of its CEO. On the official website, the executive is referred to simply as “Bruce”, and the accompanying image appears in a stylized illustration, likely generated by AI.
This reflects a level of anonymity and limited transparency around the platform’s leadership, which is worth noting for users assessing the exchange’s governance and credibility.
Hotcoin Exchange Specifications Table
Let's provide you with an overview of the Hotcoin exchange:
Exchange | Hotcoin |
Launch Date | 2017 |
Levels | 5 |
Trading Fees | Vary by level, starting from 0.1 for the maker and 0.11 for the taker |
Restricted Countries | Japan, USA |
Supported Coins | 335 |
Futures Trading | Yes |
Minimum Deposit | Vary by coins |
Deposit Methods | Visa, MasterCard, crypto |
Withdrawal Methods | Visa, MasterCard, crypto |
Maximum Leverage | 1:10 |
Minimum Trade Amount | Vary by coins |
Security Factors | 2FA, anti-phishing protection, KYC |
Services | Copy trading, staking, Dual investment, crypto loan |
Customer Support Ways | Live chat, email, |
Customer Support Hours | 24/7 |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | No |
Hotcoin Exchange Benefits and Drawbacks
Let's take a closer look at the advantages and disadvantages of using Hotcoin:
Pros | Cons |
Regulated and licensed by AUSTRAC | Relatively higher fees compared to other exchanges |
Spot, margin, and futures trading | Doesn't offer services to U.S. citizens |
Trading platforms are available for Android, iOS, and desktop | Low liquidity on some altcoins |
Various bonuses and promotions | - |
Hotcoin Exchange User Levels Features
Hotcoin caters to a wide range of users, from beginner traders with low capital to seasoned professionals with high trading volume.
Here's a breakdown of the VIP levels in this platform:
VIP level | VIP 0 | VIP 1 | VIP 2 | VIP 3 | VIP 4 | VIP 5 |
30-day spot trading volume (USDT) | 0 | 200,000 | 500,000 | 1,000,000 | 5,000,000 | 10,000,000 |
Balance (USDT) | 0 | 30,000 | 100,000 | 400,000 | 1,000,000 | 2,000,000 |
24-hr Withdrawal limit (BTC) | 2 | 10 | 20 | 30 | 40 | 50 |
Traders must reach either a 30-day trade volume or an account balance to upgrade to higher VIP levels.
Trading Fees and Commissions on the Hotcoin Exchange
Hotcoin's fee structure is relatively straightforward.
Here's a breakdown of spot fees based on different VIP levels:
VIP level | Maker | Taker |
0 | 0.2% | 0.2% |
1 | 0.18% | 0.18% |
2 | 0.16% | 0.16% |
3 | 0.135% | 0.14% |
4 | 0.11% | 0.12% |
5 | 0.1% | 0.11% |
It's important to note that these spot trading fees are above the industry average, and high-volume traders can find better fees on other platforms.
Futures traders should also be aware of the cryptocurrency exchange trading costs since they can directly affect their profits. Let's review Hotcoin futures trading fees:
VIP level | Maker | Taker |
0 | 0.2% | 0.06% |
1 | 0.0185% | 0.058% |
2 | 0.0175% | 0.05% |
3 | 0.0155% | 0.045% |
4 | 0.0135% | 0.04% |
5 | 0.0125% | 0.0375% |
Knowing these fees helps traders fully understand the associated costs of futures trading in the Hotcoin exchange.
Tradable Digital Assets on Hotcoin
Hotcoin offers a diverse range of cryptocurrencies and trading pairs:
- Major cryptocurrencies: Bitcoin, Ethereum, Litecoin, Ripple, and more
- Famous alt coins: Chainlink, Cardano, Uniswap, Arbitrum
- Meme coins: Ordi, Doge coin, Bonk, Shiba Inu
- Defi tokens: Maker, Compound, Curve, AAVE
While Hotcoin's cryptocurrency selection is substantial, it's worth noting that some major exchanges offer an even wider range of assets.
However, for most traders, the available options should be more than sufficient.
Hotcoin Exchange Futures and Margin Trading
Hotcoin offers robust futures markets and margin trading options for more experienced traders.
Futures Trading
Trade futures contacts and open by and sell leveraged positions. Key features of Hotcoin futures trading:
- Perpetual contracts
- Delivery futures contracts
- USDT-margined and coin-margined options
- Up to 100x leverage
Margin Trading
Margin trading allows traders to get loans and enter positions with greater capital.
Important features of margin trading in Hotcoin:
- Up to 10x leverage
- Isolated and cross-margin modes are available
- Wide range of supported cryptocurrencies
These advanced trading options allow users to amplify their profits potentially, but it's crucial to remember that they also increase the risk of significant losses.
Always trade responsibly and never invest more than you can afford to lose.
Hotcoin Exchange Registration and Verification Guide
To open a new crypto trading account with the Hotcoin exchange, traders must follow the Hotcoin registration steps outlined below:
#1 Visit the Official Website
First, visit the official Hotcoin website and click on the "Register" button.
#2 Complete the Account Opening Form
Now, enter your phone number or email address to sign up with Hotcoin exchange.
#3 Verify Your Email Address
Open your email inbox and find the Hotcoin email verification link. Click on it to verify your email address.
#4 Verify Your Identity
After entring the dashbaord, click on the profile icon and choose "Verification". Then, provide the necessry information and and upload a ID card, and complete a face recognition video.
How to Trade on Hotcoin
Starting to trade on Hotcoin is easier than you think. Simply After completing your registration and verifying your account, follow these steps to start trading on Hotcoin:
#1 Access the Trading Interface
Log in to your Hotcoin account and select the “Trade” option and then “Spot” from the top menu.
This will open Hotcoin’s trading dashboard, where you can view live charts, order books, and available trading options.
#2 Select a Market
Click on the currently active trading pair in the top-left corner. A dropdown will show all available pairs. Choose the market corresponding to the cryptocurrency you wish to trade.
#3 Choose an Order Type
Decide if you want a market, limit, adv limit, trailing, or trigger order. Market orders execute instantly at the current price, while limit and stop orders let you set a specific price for buying or selling.
#4 Enter Trading Amount
Fill in the amount of cryptocurrency you want to buy or sell in the order form. Check the estimated total to make sure it matches your trading plan.
#5 Execute Your Order
After reviewing the trading pair, order type, and amount, click “Buy” or “Sell” to place your order.
Hotcoin Exchange Platforms and Applications
Hotcoin offers multiple platforms to suit different user preferences:
Web-based platform:
- Accessible from any modern web browser
- Full feature set available
- Comprehensive charting tools and market analysis
Mobile apps:
- Available for iOS and Android devices
- User-friendly interface optimized for mobile use
- Push notifications for price alerts and trade executions
Desktop application:
- Available for Windows and MacOS
- Enhanced performance and stability
- Advanced trading features for power users
It's important to mention that our analysts found out you can’t download installation files by clicking on the Windows and Mac OS icon
Links:
Hotcoin Trading Volume
According to the Hotcoin CoinGecko chart, the exchange’s trading volume over the past three months has demonstrated notable fluctuations, oscillating between $1B and $10B on most days.
The chart highlights a significant peak on October 11, reaching $30B, marking the platform’s highest trading activity in this period.
This data reflects both the volatility and the active participation of Hotcoin’s trading community as the market navigates late-2025 trends.
Hotcoin Services
In the table below, we can take note of the availability of popular trading services on the Hotcoin exchange:
Service | Availability |
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | No |
OTC Trading | Yes |
No | |
Launchpad | No |
NFT Marketplace | Yes |
Referral Program | Yes |
DEX Trading | No |
Auto-Invest (Recurring Buy) | No |
Hotcoin Exchange Safety Measures
Security is a top priority for Hotcoin, and the exchange implements several measures to protect user funds and data:
- Regulatory compliance with AUSTRAC
- Two-factor authentication (2FA) for all accounts
- Mobile verification
- KYC compliance
- Anti-phishing protection
Although Hotcoin implements various protection methods, it still has a long way before reaching the best protection level.
Hotcoin Security Rankings
Hotcoin’s security profile, as evaluated by CER.live, shows a mixed picture. The platform received an overall score of 18% (D), highlighting significant areas for improvement.
According to the CER.live Hotcoin review, while server and user security scores are relatively strong, at 82/100 and 81/100 respectively, the exchange scores 0/100 in penetration testing and bug bounty programs.
Additionally, Hotcoin lacks formal certifications like ISO 27001 and CCSS, and there is no funds insurance in place, emphasizing that users should approach the platform with caution regarding advanced security measures.
Overall Score | 18% (D) |
Server Security | 82/100 |
User Security | 81/100 |
Penetration Tests | 0/100 |
Bug Bounty | 0/100 |
ISO 27001 | No |
CCSS | No |
Funds Insurance | No |
Hotcoin Exchange Payment Methods
Hotcoin offers flexible deposit and withdrawal methods primarily via cryptocurrencies and select third-party payment providers but lacks direct support for fiat currency trading.
Minimum requirements:
- Minimum deposit: 5 USDT / 0.00001 BTC
- Minimum trade size: 1 USDT equivalent
Deposit & Withdrawal Methods:
- Supported: Cryptocurrency transfers, Mercuryo, Simplex, Coinify, Alchemy Pay
- Not supported: Bank cards, wire transfers, PayPal
- Deposit fee: None
- Withdrawal fee: 0.0005 BTC / 0.0001 ETH
Fiat Currency:
- Fiat deposits via card processors are available for buying crypto
- No fiat pairs or trading directly in fiat currencies
While Hotcoin offers adequate crypto-based payment flexibility, the lack of traditional banking options and fiat support may limit convenience for users unfamiliar with digital asset transfers.
Hotcoin Exchange Evaluations and Trust Scores
Hotcoin has received mixed reviews from users and industry experts:
- Hotcoin Trustpilot: 3.4/5
- Review.io: 2/5
It's essential to note that user experiences can vary, and numerous factors can impact an exchange's reputation.
Always conduct your own research and start with small amounts when trying a new platform.
Hotcoin Features
Hotcoin isn't just a centralized exchange that offers spot crypto trading only. Hotcoin features:
Feature | Availability |
Staking | Yes |
Yield Farming | Yes |
Social Trading | Yes |
Liquidity Pool | No |
Gift Card | No |
Hotcoin Promotions
Hotcoin offers traders multiple ways to earn rewards, whether by inviting friends or exploring the futures market without risking their own funds. Here’s an overview of the main promotions currently available:
Bonus Name | Bonus Type | Main Features |
Refer Friends and Earn Up to 20% | Referral / Spot Bonus | Invite friends, earn up to 9,060 USDT in bonuses including spot trading rewards and futures trading rebate vouchers |
Futures Experience Bonus | Risk-Free Trading Voucher | Explore crypto futures trading without risking your own funds |
Refer Friends and Earn Up to 20% in Bonuses
Hotcoin’s referral program allows you to earn rewards by inviting friends to the platform. Each successful referral can unlock various bonuses, including spot trading rewards, futures trading rebate vouchers, and more.
You can earn up to 9,060 USDT in bonuses by completing tasks such as friend registration, KYC verification, first deposit, and first futures trade.
Hotcoin Futures Experience Bonus
For those looking to explore crypto futures trading without risking their own funds, Hotcoin offers the Futures Experience Bonus. This unique promotion allows traders to open and close futures positions with real profit potential while Hotcoin covers any losses.
Key Features:
- Issued During Campaigns: Automatically credited to your account during Hotcoin promotions or special events;
- Risk-Free Trading: You can keep any profits as real, withdrawable funds;
- Flexible Futures Experience Bonus: Valid for any trading pair, no leverage restrictions, ideal for experimenting with different strategies;
- Specific Futures Experience Bonus: Valid for designated pairs and leverage, must be used under Cross Margin mode, perfect for targeted campaigns.
Hotcoin Exchange Support channels
Hotcoin provides several channels for user support:
- 24/7 online chat customer service
- Email support: service@hotcoin.com
- Official English Telegram group
- Comprehensive help center with FAQs and guides
- VIP support for qualified users
The availability of multiple support channels is a plus, although response times may vary depending on the nature of the inquiry and current support volume.
Copy Trading Services and Investment Options on Hotcoin
Hotcoin offers several investment options beyond traditional trading:
- Follow and automatically copy trades from successful traders
- Customize allocation and risk management settings
Earn program:
- Stake cryptocurrencies to earn interest
- Various locked and flexible savings options available
Dual Investment:
- Combine spot and options trading for potentially higher returns
- Suitable for more experienced investors
Crypto loans:
- Borrow against your cryptocurrency holdings
- Competitive interest rates and flexible terms
These additional investment options provide users with diverse ways to grow their crypto portfolios beyond simple buy-and-hold strategies.
Hotcoin Exchange Restricted Countries
While Hotcoin is available globally, some countries are restricted due to regulatory reasons:
- United States
- Japan
It's important to note that this list may change over time, and users should always verify their eligibility based on their location before attempting to use the platform.
Hotcoin in Comparison with Other Exchanges
Traders can use the data available in the table below and decide whether this exchange is the right platform for their needs.
Parameters | Hotcoin Exchange | |||
Number of Assets | 335 | 700+ | 2800+ | 2800+ |
Maximum Leverage | 1:10 | 1:200 | 1:100 | 1:200 |
Minimum Deposit | Vary by coin | $1 | Varies by Payment Method | $1 |
Spot Maker Fee | From 0.1% | From 0.02% | From -0.005% | 0.05% |
Spot Taker Fee | From 0.11% | From 0.02% | From 0.025% | 0.05% |
Mandatory KYC | Yes | Yes | Yes | Yes |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | No | No | Yes |
Staking | Yes | Yes | Yes | Yes |
Copy Trading | Yes | Yes | Yes | Yes |
TF Expert Suggestion
Hotcoin’s copy trading from over 700 Masters, Earn program, Dual investment, and crypto loans shows that this exchange offers attractive services beyond spot and futures trading with 100X leverage.
However, the higher-than-average fees range from 0.1 to 0.2% based on trader user levels, which is important to consider.
