Currencies: 186 (152 fiat & 34 crypto) Countries: 255 PSs & Banks: 331 Exchanges: 320 Offers:
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HoBit review & testimonials (updated 04.2020)

HoBit user interface: the home page in English

What is HoBit in a nutshell? It's maybe not the most popular, but well established, exchange service (broker) supporting some popular crypto: you can exchange these using the website. Exchange service started the business Feb 2018, it serves the clients over a year.

This Broker welcomes customers from 255 countries (including your country: United States!). It serves the US and allows registrations from all the 56 states and territories. Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of HoBit, maybe you know how fast HoBit processes the orders? If you do, please share the knowledge! Thanks a lot! Depending on the order details, you may need to verify your account to exchange crypto on this Broker.

Since 2018, HoBit is working hard to get great testimonials from the users. Although, since this Broker was recently added to our price comparison platform, we have no user reviews yet. Maybe you can help? If you have any experience dealing with HoBit, can you please leave your testimonial? It will surely be a great help for us and all the community, thanks!

Based on all these facts, our verdict is the following: HoBit is a promising, although not yet reviewed much by our visitors place to exchange Bitcoins, an interesting exchange that we believe will get some nice feedback soon!

Overview: is HoBit safe?

HoBit is the Broker; exchange started the business February 2018. Unfortunately, there is not much information available about the company doing business as HoBit, etc.

Answering the question how safe is HoBit:

We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Broker (please continue reading), but our policies require to collect more testimonials from the users of HoBit to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.
Time in the business: 2 years 1 months
Business model: no information available

Overall rating for HoBit: N/A
Although we have not collected enough testimonials to assign a rating to HoBit, we can pre-estimate the rating (considering there will be no user complaints) as 84/100.

Pros & Cons of HoBit

Although HoBit is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:

  • Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
  • Hobit doesn't hold the clients funds, delivering the funds directly to your wallet.
  • Seems that the exchange operates without any business licenses, etc.

Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at HoBit! Try HoBit today and let us know how you like it!

Services, HoBit Provides

The platform provides the following cryptocurrency exchange-related services:

  • Helps the visitors to exchange the electronic currencies.

As we can see, HoBit doesn't provide any services besides the cryptocurrency exchange, althought it's definitely not a bad thing; after all, we came here for the crypto exchange, right?

Currencies & Payment Systems

HoBit provides the service of various cryptocurrencies exchange.

If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Top 10 cryptocurrencies to invest to invest in 2020.

HoBit fees

Unfortunately, the integration data from HoBit is missing, seems that there are some technical issues preventing our bot to crawl the information. We are sorry, but we can't analyze the fees without an access to the data feed, although you can check everything by yourself at the exchange website.

Buying and selling limits

This Broker has the following limits, applicable when you buy or sell cryptocurrencies:

We are sorry, but at the moment the data feed from HoBit is missing, so we can't provide you with this information. Please don't hesitate to either check by yourself at their website or just come back later!

Supported countries

Platform allows the users from 255 countries to use the exchange. The following countries are supported by the broker:

  • Afghanistan (AF)
  • Aland Islands (AX)
  • Albania (AL)
  • Algeria (DZ)
  • American Samoa (AS)
  • Andorra (AD)
  • Angola (AO)
  • Anguilla (AI)
  • Antarctica (AQ)
  • Antigua & Barbuda (AG)
  • Argentina (AR)
  • Armenia (AM)
  • Aruba (AW)
  • Ascension Island (AC)
  • Australia (AU)
  • Austria (AT)
  • Azerbaijan (AZ)
  • Bahamas (BS)
  • Bahrain (BH)
  • Bangladesh (BD)
  • Barbados (BB)
  • Belarus (BY)
  • Belgium (BE)
  • Belize (BZ)
  • Benin (BJ)
  • Bermuda (BM)
  • Bhutan (BT)
  • Bolivia (BO)
  • Bosnia & Herzegovina (BA)
  • Botswana (BW)
  • Bouvet Island (BV)
  • Brazil (BR)
  • British Indian Ocean Territory (IO)
  • British Virgin Islands (VG)
  • Brunei (BN)
  • Bulgaria (BG)
  • Burkina Faso (BF)
  • Burundi (BI)
  • Cambodia (KH)
  • Cameroon (CM)
  • Canada (CA)
  • Canary Islands (IC)
  • Cape Verde (CV)
  • Caribbean Netherlands (BQ)
  • Cayman Islands (KY)
  • Central African Republic (CF)
  • Ceuta & Melilla (EA)
  • Chad (TD)
  • Chile (CL)
  • China (CN)
  • Christmas Island (CX)
  • Cocos (Keeling) Islands (CC)
  • Colombia (CO)
  • Comoros (KM)
  • Congo - Brazzaville (CG)
  • Congo - Kinshasa (CD)
  • Cook Islands (CK)
  • Costa Rica (CR)
  • Côte d’Ivoire (CI)
  • Croatia (HR)
  • Cuba (CU)
  • Curaçao (CW)
  • Cyprus (CY)
  • Czech Republic (CZ)
  • Denmark (DK)
  • Diego Garcia (DG)
  • Djibouti (DJ)
  • Dominica (DM)
  • Dominican Republic (DO)
  • Ecuador (EC)
  • Egypt (EG)
  • El Salvador (SV)
  • Equatorial Guinea (GQ)
  • Eritrea (ER)
  • Estonia (EE)
  • Ethiopia (ET)
  • Falkland Islands (FK)
  • Faroe Islands (FO)
  • Fiji (FJ)
  • Finland (FI)
  • France (FR)
  • French Guiana (GF)
  • French Polynesia (PF)
  • French Southern Territories (TF)
  • Gabon (GA)
  • Gambia (GM)
  • Georgia (GE)
  • Germany (DE)
  • Ghana (GH)
  • Gibraltar (GI)
  • Greece (GR)
  • Greenland (GL)
  • Grenada (GD)
  • Guadeloupe (GP)
  • Guam (GU)
  • Guatemala (GT)
  • Guernsey (GG)
  • Guinea (GN)
  • Guinea-Bissau (GW)
  • Guyana (GY)
  • Haiti (HT)
  • Heard Island and McDonald Islands (HM)
  • Honduras (HN)
  • Hong Kong SAR China (HK)
  • Hungary (HU)
  • Iceland (IS)
  • India (IN)
  • Indonesia (ID)
  • Iran (IR)
  • Iraq (IQ)
  • Ireland (IE)
  • Isle of Man (IM)
  • Israel (IL)
  • Italy (IT)
  • Jamaica (JM)
  • Japan (JP)
  • Jersey (JE)
  • Jordan (JO)
  • Kazakhstan (KZ)
  • Kenya (KE)
  • Kiribati (KI)
  • Kosovo (XK)
  • Kuwait (KW)
  • Kyrgyzstan (KG)
  • Laos (LA)
  • Latvia (LV)
  • Lebanon (LB)
  • Lesotho (LS)
  • Liberia (LR)
  • Libya (LY)
  • Liechtenstein (LI)
  • Lithuania (LT)
  • Luxembourg (LU)
  • Macau SAR China (MO)
  • Macedonia (MK)
  • Madagascar (MG)
  • Malawi (MW)
  • Malaysia (MY)
  • Maldives (MV)
  • Mali (ML)
  • Malta (MT)
  • Marshall Islands (MH)
  • Martinique (MQ)
  • Mauritania (MR)
  • Mauritius (MU)
  • Mayotte (YT)
  • Mexico (MX)
  • Micronesia (FM)
  • Moldova (MD)
  • Monaco (MC)
  • Mongolia (MN)
  • Montenegro (ME)
  • Montserrat (MS)
  • Morocco (MA)
  • Mozambique (MZ)
  • Myanmar (Burma) (MM)
  • Namibia (NA)
  • Nauru (NR)
  • Nepal (NP)
  • Netherlands (NL)
  • New Caledonia (NC)
  • New Zealand (NZ)
  • Nicaragua (NI)
  • Niger (NE)
  • Nigeria (NG)
  • Niue (NU)
  • Norfolk Island (NF)
  • Northern Mariana Islands (MP)
  • North Korea (KP)
  • Norway (NO)
  • Oman (OM)
  • Pakistan (PK)
  • Palau (PW)
  • Palestinian Territories (PS)
  • Panama (PA)
  • Papua New Guinea (PG)
  • Paraguay (PY)
  • Peru (PE)
  • Philippines (PH)
  • Pitcairn Islands (PN)
  • Poland (PL)
  • Portugal (PT)
  • Puerto Rico (PR)
  • Qatar (QA)
  • Réunion (RE)
  • Romania (RO)
  • Russia (RU)
  • Rwanda (RW)
  • Samoa (WS)
  • San Marino (SM)
  • São Tomé & Príncipe (ST)
  • Saudi Arabia (SA)
  • Senegal (SN)
  • Serbia (RS)
  • Seychelles (SC)
  • Sierra Leone (SL)
  • Singapore (SG)
  • Sint Maarten (SX)
  • Slovakia (SK)
  • Slovenia (SI)
  • Solomon Islands (SB)
  • Somalia (SO)
  • South Africa (ZA)
  • South Georgia & South Sandwich Islands (GS)
  • South Korea (KR)
  • South Sudan (SS)
  • Spain (ES)
  • Sri Lanka (LK)
  • St. Barthélemy (BL)
  • St. Helena (SH)
  • St. Kitts & Nevis (KN)
  • St. Lucia (LC)
  • St. Martin (MF)
  • St. Pierre & Miquelon (PM)
  • St. Vincent & Grenadines (VC)
  • Sudan (SD)
  • Suriname (SR)
  • Svalbard & Jan Mayen (SJ)
  • Swaziland (SZ)
  • Sweden (SE)
  • Switzerland (CH)
  • Syria (SY)
  • Taiwan (TW)
  • Tajikistan (TJ)
  • Tanzania (TZ)
  • Thailand (TH)
  • Timor-Leste (TL)
  • Togo (TG)
  • Tokelau (TK)
  • Tonga (TO)
  • Trinidad & Tobago (TT)
  • Tristan da Cunha (TA)
  • Tunisia (TN)
  • Turkey (TR)
  • Turkmenistan (TM)
  • Turks & Caicos Islands (TC)
  • Tuvalu (TV)
  • Uganda (UG)
  • Ukraine (UA)
  • United Arab Emirates (AE)
  • United Kingdom (GB)
  • United States (US)
  • Uruguay (UY)
  • U.S. Outlying Islands (UM)
  • U.S. Virgin Islands (VI)
  • Uzbekistan (UZ)
  • Vanuatu (VU)
  • Vatican City (VA)
  • Venezuela (VE)
  • Vietnam (VN)
  • Wallis & Futuna (WF)
  • Western Sahara (EH)
  • Yemen (YE)
  • Zambia (ZM)
  • Zimbabwe (ZW)

Does HoBit allow the users from United States (US)?

USA flag

Yes, HoBit allows the registrations from the United States! Broker permits the users from 56 states and territories to register at and use the services exchange provides:

  • Alabama (AL)
  • Alaska (AK)
  • American Samoa (AS)
  • Arizona (AZ)
  • Arkansas (AR)
  • California (CA)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • District of Columbia (DC)
  • Florida (FL)
  • Georgia (GA)
  • Guam (GU)
  • Hawaii (HI)
  • Idaho (ID)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KY)
  • Louisiana (LA)
  • Maine (ME)
  • Maryland (MD)
  • Massachusetts (MA)
  • Michigan (MI)
  • Minnesota (MN)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • Nebraska (NE)
  • Nevada (NV)
  • New Hampshire (NH)
  • New Jersey (NJ)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • North Dakota (ND)
  • Northern Mariana Islands (MP)
  • Ohio (OH)
  • Oklahoma (OK)
  • Oregon (OR)
  • Pennsylvania (PA)
  • Puerto Rico (PR)
  • Rhode Island (RI)
  • South Carolina (SC)
  • South Dakota (SD)
  • Tennessee (TN)
  • Texas (TX)
  • U.S. Virgin Islands (VI)
  • Utah (UT)
  • Vermont (VT)
  • Virginia (VA)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsin (WI)
  • Wyoming (WY)

Americans are welcome to exchange various cryptos that are supported by the broker.

Please visit the exchange's website to check the offers that are currently active!

Customer service

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the HoBit? Can you please add your testimonial? This will help everyone a lot, thanks!

Verification at HoBit

The broker may require the customers to pass through the user identification (account verification) process. HoBit may require you to verify some information about your identity; the details depend on order amount, exchange direction, payment systems used, etc.

You'll see all the details during an order creation.

According to the customers surveys results, the average time to verify an account at HoBit is the following:

Sorry, we haven't yet collected enough data. Do you know, how fast HoBit does account verification? Kindly let us know, too. Thank you very much!

Deposit/withdrawal speed

According to the data we have, HoBit processes all or most of the orders without an automation; orders require staff attention to be completed. The speed of money transfer varies a lot on such services, so it's good to know the situation here at this exchange.

Sorry, but we haven't collected enough data about this yet. Do you have any experience exchanging with the HoBit? Can you please add your testimonial? This will help everyone a lot, thanks!

Is HoBit instant?

So, what can we see? In accordance with the data we know about the broker, orders at HoBit are not instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.

Customers' testimonials

There are currently no users testimonials about the HoBit. Do you have any experience using this broker? If you do, please say a couple of words about it!

FAQ about HoBit

Does HoBit holds my funds?

It does not! One of the best things dealing with the brokers is that unlike most of other exchanges, such businesses instantly deliver your funds to your own wallet after the payment clearance.

Is HoBit a good broker?

Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!

Is HoBit licensed? Does it hold e-money license?

It is not. We even could not find any information about the business entity operating the exchange, etc.

Is HoBit a ripoff?

It is not a ripoff, although we have not rated HoBit yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is HoBit legit or scam.

HoBit vs other exchanges

Let's compare HoBit to other similar exchange services with similar features: others of broker type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!

HoBit vs Bitonic

Let's compare the key features of these two platforms to see which one suits you best:

  • Bitonic is a broker HoBit is a broker, both are using the same business model.
  • Bitonic had started the business May 2012 HoBit started the business February 2018 (Bitonic is working for 5 years and 9 months longer time).
  • Bitonic has all the required business licenses and permissions HoBit operates without a business registration or there is no information available about it (Bitonic's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services HoBit provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 1 fiat currencies are available at Bitonic HoBit doesn't allow to use any fiat currencies (HoBit supports 1 fiat currencies less).
  • Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks HoBit doesn't support fiat payments in any form (HoBit supports 3 banks and fiat payment systems less).
  • Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at HoBit if you reside in one of 255 countries; it serves United States among others (HoBit supports more countries worldwide).
  • During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at HoBit usually consists of some (it depends) different procedures (HoBit 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 5 testimonials about Bitonic, 100% of which are positive We've collected 2 users testimonials about HoBit, 100% are positive (HoBit & Bitonic share the same percentage of positive user reviews).

Although the final decision, which exchange — Bitonic or HoBit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

HoBit vs BTCBIT

Let's compare the key features of these two platforms to see which one suits you best:

  • BTCBIT is a broker HoBit is a broker, both are using the same business model.
  • BTCBIT had started the business May 2017 HoBit started the business February 2018 (BTCBIT is working for 9 months longer time).
  • BTCBIT has all the required business licenses and permissions HoBit operates without a business registration or there is no information available about it (BTCBIT's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, BTCBIT provides no extra services HoBit provides the same number of services as BTCBIT: it just exchanges cryptos.
  • BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at HoBit if you reside in one of 255 countries; it serves United States among others (HoBit supports more countries worldwide).
  • During the account verification BTCBIT usually asks for some (it depends) documents and/or procedures User identification at HoBit usually consists of some (it depends) different procedures (HoBit 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 8 testimonials about BTCBIT, 100% of which are positive We've collected 2 users testimonials about HoBit, 100% are positive (HoBit & BTCBIT share the same percentage of positive user reviews).

Although the final decision, which exchange — BTCBIT or HoBit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

HoBit vs PayBis

Let's compare the key features of these two platforms to see which one suits you best:

  • PayBis is a broker HoBit is a broker, both are using the same business model.
  • PayBis had started the business April 2015 HoBit started the business February 2018 (PayBis is working for 2 years and 10 months longer time).
  • PayBis is an ordinary company without licenses, etc. HoBit operates without a business registration or there is no information available about it (PayBis's business model is more stable and safer for clients).
  • Besides buying and selling cryptocurrencies, PayBis provides no extra services HoBit provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 3 fiat currencies are available at PayBis HoBit doesn't allow to use any fiat currencies (HoBit supports 3 fiat currencies less).
  • PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks HoBit doesn't support fiat payments in any form (HoBit supports 7 banks and fiat payment systems less).
  • PayBis allows registrations from 241 countries; United States is among the supported ones You may register at HoBit if you reside in one of 255 countries; it serves United States among others (HoBit supports more countries worldwide).
  • During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at HoBit usually consists of some (it depends) different procedures (HoBit 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 3 testimonials about PayBis, 100% of which are positive We've collected 2 users testimonials about HoBit, 100% are positive (HoBit & PayBis share the same percentage of positive user reviews).

Although the final decision, which exchange — PayBis or HoBit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

HoBit vs XMLGold

Let's compare the key features of these two platforms to see which one suits you best:

  • XMLGold is a broker HoBit is a broker, both are using the same business model.
  • XMLGold had started the business May 2006 HoBit started the business February 2018 (XMLGold is working for 11 years and 9 months longer time).
  • XMLGold is an ordinary company without licenses, etc. HoBit operates without a business registration or there is no information available about it (XMLGold's business model is more stable and safer for clients).
  • Besides the digital currencies exchange, XMLGold provides no extra services HoBit provides the same number of services as XMLGold: it just exchanges cryptos.
  • XMLGold allows registrations from 255 countries; United States is among the supported ones You may register at HoBit if you reside in one of 255 countries; it serves United States among others (HoBit & XMLGold support the same number of countries and territories).
  • During the account verification XMLGold usually asks for some (it depends) documents and/or procedures User identification at HoBit usually consists of some (it depends) different procedures (HoBit 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 5 testimonials about XMLGold, 100% of which are positive We've collected 2 users testimonials about HoBit, 100% are positive (HoBit & XMLGold share the same percentage of positive user reviews).

Although the final decision, which exchange — XMLGold or HoBit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

HoBit vs MagneticExchange

Let's compare the key features of these two platforms to see which one suits you best:

  • MagneticExchange is a broker HoBit is a broker, both are using the same business model.
  • MagneticExchange had started the business May 2011 HoBit started the business February 2018 (MagneticExchange is working for 6 years and 9 months longer time).
  • MagneticExchange is an ordinary company without licenses, etc. HoBit operates without a business registration or there is no information available about it (MagneticExchange's business model is more stable and safer for clients).
  • Besides buying, selling and exchanging cryptocurrencies, MagneticExchange provides no extra services HoBit provides us with less services, related to the crypto exchange: it just exchanges cryptos.
  • 5 fiat currencies are available at MagneticExchange HoBit doesn't allow to use any fiat currencies (HoBit supports 5 fiat currencies less).
  • MagneticExchange accepts deposits from and allows withdrawals to 24 fiat payment systems / banks HoBit doesn't support fiat payments in any form (HoBit supports 24 banks and fiat payment systems less).
  • MagneticExchange allows registrations from 254 countries; we are sorry, but United States is not supported this time You may register at HoBit if you reside in one of 255 countries; it serves United States among others (HoBit supports more countries worldwide).
  • During the account verification MagneticExchange usually asks for 2 documents and/or procedures: (id verification, card verification) User identification at HoBit usually consists of some (it depends) different procedures (HoBit 's compliance program requires the client to take more actions or to provide more data).
  • Our users left 7 testimonials about MagneticExchange, 100% of which are positive We've collected 2 users testimonials about HoBit, 100% are positive (HoBit & MagneticExchange share the same percentage of positive user reviews).

Although the final decision, which exchange — MagneticExchange or HoBit — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!

If you feel like need more comparison versus other exchanges, feel free to check these:

Conclusion: is HoBit legit or scam?

Now it's time to draw a conclusion, is HoBit a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign HoBit a rating, but according to our research it's a good exchange. We have found no evidence that this broker is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the HoBit:

  • There is no information about the business entity, regulatory compliance, etc.
  • The broker doesn't hold customers' funds, instantly delivering monies to your wallet
  • The service exists for rather a long time; exchange was started 2 years and 1 months ago
  • HoBit allows registrations from 255 countries; people from United States may use the service
  • Clients' testimonials are perfect, 100% (2 out of 2) note their positive experience dealing with HoBit.

Overall rating for HoBit: N/A
Although we have not collected enough testimonials to assign a rating to HoBit, we can pre-estimate the rating (considering there will be no user complaints) as 84/100.