Is HitBTC a legit exchange?

So, let me get this straight - you're wondering if HitBTC is a legitimate cryptocurrency exchange, right? Well, it's a valid concern given the number of scams and fraudulent activities in the crypto space. First things first, HitBTC has been operating since 2013, which is relatively long in the crypto world. It's registered in Hong Kong and has a pretty decent trading volume. However, like any other exchange, it's not perfect and has faced its share of controversies and criticisms. One of the major concerns with HitBTC is its lack of transparency. The exchange has been accused of not being fully transparent about its operations and ownership. Additionally, there have been reports of users experiencing issues with account verification, withdrawals, and customer support. On the other hand, HitBTC does offer a wide range of cryptocurrencies for trading, a user-friendly interface, and low trading fees. It also has a strong security system in place to protect user funds. So, is HitBTC a legit exchange? Well, it's not as straightforward as a yes or no answer. While it does have some drawbacks, it's still a popular exchange with a significant trading volume. It's ultimately up to you to decide if you're comfortable using it based on your own research and risk tolerance.