BTC: 59.517579630052
ETH: 9.850464952661
Fear & Greed: 22/100

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Hotcoin
Spot Trading volume (within 24 hours)
$11,209,598,463.18
About Hotcoin

## What Is Hotcoin Global? Hotcoin Global is a centralized cryptocurrency exchange founded in 2017. The platform is registered in Seychelles and reports operational presence in Australia. Hotcoin Global offers spot and derivatives markets. The company reported an estimated 5,000,000 active users as of 2022. ## Who Are the Founders / Who Owns Hotcoin Global? The cryptocurrency exchange is owned by Hotcoin Global Exchange Pty Ltd. ## When Did Hotcoin Global Launch? Hotcoin Global was founded and launched in 2017. ## Where Is Hotcoin Global Located? The company is legally registered in Seychelles and reports operational activity in Australia. ## Hotcoin Global Restricted Countries Per the company’s terms and conditions, residents of Japan and the United States cannot access the exchange’s services due to regulatory restrictions. ## What Coins Are Supported on Hotcoin Global? Hotcoin Global lists and facilitates trading across hundreds of cryptocurrencies and trading pairs, including major assets such as BTC and ETH. Users should consult the exchange’s market list for the current catalog of supported tokens and pairs. ## How Much Are Hotcoin Global Fees? For regular users, maker (limit) and taker (market) fees are 0.20% each. Users should review Hotcoin Global’s official fee schedule for any tiered pricing, discounts, or product-specific charges. ## Is It Possible to Use Leverage or Margin Trading on Hotcoin Global? Yes. Hotcoin Global offers margin and derivatives products, including futures and perpetual swap contracts. The platform provides leverage up to 200x on eligible derivatives; available leverage and margin requirements vary by product and trading pair.

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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 is a Decentralized Exchange (DEX)?
A decentralized exchange (DEX) is a trading platform that does not rely on a central authority to hold users’ assets. Users can trade tokens directly through a digital wallet. Transactions are executed automatically on the blockchain via smart contracts, keeping funds under the user’s control and fully transparent. DEXs support automated market making (AMM), liquidity provision, and token swapping, allowing users to trade and earn without registration or custody, and serving as an important gateway to the decentralized finance (DeFi) ecosystem.
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