{"id":"hotcoin","hidden":false,"ipfs":"QmRi4kGbK1exMfU811ikYPai6zCnJerDAfwNGhSVotxiJQ","language":"en","transactionHash":"0x329ed18e54f2bf63e7e2fef2fc7784d56d97228b808c8c03bbbff451e00827cb","created":"2026-09-03T15:48:38.832Z","updated":"2026-09-03T15:48:38.832Z","title":"Hotcoin","summary":"Hotcoin is a centralized cryptocurrency exchange that provides spot, margin, and futures trading plus copy trading, prediction markets, earn products and a Web3 wallet.","content":"**Hotcoin** is a global digital asset trading platform founded in 2017. With nine years of industry experience, the platform serves more than 8 million registered users across over 120 countries and regions.[[1]](#cite-id-771chm7ilx) It operates as a [centralized cryptocurrency exchange](https://iq.wiki/wiki/cex-centralized-exchange) offering spot, margin and futures trading, copy trading, [TradFi](https://iq.wiki/wiki/tradfi) products, yield-focused Earn products and a self-custodial [Web3](https://iq.wiki/wiki/web3) wallet.[[1]](#cite-id-771chm7ilx)​\n\n## Products and Services\nHotcoin has grown from an exchange into a multi-product ecosystem. Its product list spans Spot, Futures, Margin, Copy Trading, prediction markets and TradFi Spot and TradFi Futures products, Alpha Trading, an on-exchange on-chain trading feature that lets users trade on-chain tokens directly from their spot account without a separate wallet or withdrawals, a Launchpad, Hotcoin Earn, P2P trading, a [Web3](https://iq.wiki/wiki/web3) Wallet and Hotcoin Academy.[[1]](#cite-id-771chm7ilx) Founded in 2017, Hotcoin is a global multi-asset trading platform serving more than 8 million users across 120+ countries and regions, according to company disclosures.[[1]](#cite-id-771chm7ilx) The company describes its strategy as serving multiple user groups from a single account — beginners funding through P2P or card payments, spot and derivatives traders, systematic traders using APIs or grid bots, less active users following copy-trading strategies, and [Web3](https://iq.wiki/wiki/web3) users through a separate self-custodial wallet.[[5]](#cite-id-zu2o6in3oi)​\n\n### Spot and Margin Trading\n\nSpot trading covers hundreds of cryptocurrencies and trading pairs, with most markets quoted against the [stablecoin](https://iq.wiki/wiki/stablecoin) [USDT](https://iq.wiki/wiki/tether) and a smaller number denominated in [USDC](https://iq.wiki/wiki/usdc). Supported majors include [Bitcoin](https://iq.wiki/wiki/bitcoin), [Ethereum](https://iq.wiki/wiki/ethereum), [Solana](https://iq.wiki/wiki/solana), [XRP](https://iq.wiki/wiki/xrp) and [Dogecoin](https://iq.wiki/wiki/dogecoin), alongside a broad range of [altcoins](https://iq.wiki/wiki/altcoin), meme coins and DeFi tokens.[[6]](#cite-id-6vy54obsk2)​[[2]](#cite-id-5yz028z1yh) The spot interface offers market and limit orders, trigger and trailing orders, TradingView charting and multiple page layouts.[[7]](#cite-id-6t7ozei5og) Margin trading extends spot positions with cross and isolated margin modes; reported maximum margin [leverage](https://iq.wiki/wiki/leverage) is up to 10x.[[6]](#cite-id-6vy54obsk2)​[[2]](#cite-id-5yz028z1yh)​\n\nHotcoin also offers a \"Convert\" feature that operates without an order book, using a real-time quote model in which platform-quoted prices include the spread. Convert does not charge a separate [trading fee](https://iq.wiki/wiki/trading-fee), and its all-in quotes incorporate any difference between buy and sell prices, with the company promoting it as a faster, simpler alternative for users who simply want to swap one asset for another.[[7]](#cite-id-6t7ozei5og)​[[3]](#cite-id-3fqdnxc9u3)​\n\n### Futures and Derivatives\n\nFutures are Hotcoin's most developed vertical, offering USDT-margined perpetual contracts, coin-margined contracts and delivery futures, with cross and isolated margin, hedge and one-way position modes, subaccounts, trading bots, insurance funds and an auto-deleveraging (ADL) mechanism.[[5]](#cite-id-zu2o6in3oi) Selected major perpetual pairs offer 1–200x [leverage](https://iq.wiki/wiki/leverage), with 200x described as an upper bound for BTC/USDT and ETH/USDT.[[5]](#cite-id-zu2o6in3oi)​\n\nFunding on perpetual contracts is settled on an eight-hour interval at 00:00, 08:00 and 16:00 UTC, with longs typically paying shorts when the funding rate is positive and shorts paying longs when it is negative.[[5]](#cite-id-zu2o6in3oi) Supported order types include market, limit, stop market, stop limit, take-profit market and limit, trailing stop, post-only, planned, tracking and scaled orders.[[5]](#cite-id-zu2o6in3oi) The [liquidation](https://iq.wiki/wiki/liquidation) process escalates from margin deterioration through automatic position reduction to the insurance fund and, in extreme cases, ADL, which can reduce opposing profitable positions; Hotcoin's terms permit [liquidation](https://iq.wiki/wiki/liquidation) without prior notice and treat the displayed [liquidation](https://iq.wiki/wiki/liquidation) price as a reference rather than a binding guarantee.[[5]](#cite-id-zu2o6in3oi) Hotcoin also offers a demo trading mode for futures.[[7]](#cite-id-6t7ozei5og)​\n\n### TradFi Products and Prediction Markets\nDuring 2026 Hotcoin introduced [real-world-asset](https://iq.wiki/wiki/real-world-assets-rwas) (RWA) derivatives and other TradFi products, offered through TradFi Spot and TradFi Futures, linked to selected stocks and exchange-traded funds. These include both spot-style exposure through TradFi Spot and perpetual or futures-style exposure through TradFi Futures that reference individual equities such as Snowflake, Johnson & Johnson, Ciena and Twilio, thematic exposures including the KWEB China-internet and EWT Taiwan-equity products, memory and AI-related exposures, and bearish instruments such as SOXS and TZA.[[5]](#cite-id-zu2o6in3oi) The products are designed to track the prices of underlying traditional financial assets while being denominated and settled in USDT, and do not provide ownership, voting or dividend rights in the referenced stocks or ETFs.[[5]](#cite-id-zu2o6in3oi) They carry additional risks including traditional-exchange closures, weekend gaps, corporate actions and price-feed failures.[[5]](#cite-id-zu2o6in3oi) Hotcoin also operates prediction markets, listed among its core product verticals, in which the principal risks are resolution and settlement of outcomes.[[8]](#cite-id-hmqliicszm)​[[5]](#cite-id-zu2o6in3oi)​\n\n### Copy Trading, Earn and Web3 Wallet\n\nCopy trading allows users to automatically mirror the strategies of experienced \"Master\" traders, of whom over 700 are reported to be available to follow.[[6]](#cite-id-6vy54obsk2)​[[2]](#cite-id-5yz028z1yh) To become a lead trader, an applicant's futures account must hold at least 500 USDT, use hedge mode, and have no open positions or pending orders during setup; applications are reviewed within roughly one to three business days, and performance rankings are based on closed positions.[[5]](#cite-id-zu2o6in3oi) \n\nHotcoin Earn is the platform's passive-income arm, offering flexible products that can be withdrawn at any time while keeping earned rewards and fixed products locked for a set term at generally higher yields. Its offerings have focused on USDT, [USDC](https://iq.wiki/wiki/usdc), BTC, SOL and ETH alongside smaller tokens, and the broader Earn ecosystem includes [staking](https://iq.wiki/wiki/staking), [yield farming](https://iq.wiki/wiki/yield-farming) and dual-investment strategies.[[7]](#cite-id-6t7ozei5og)​[[6]](#cite-id-6vy54obsk2) The Hotcoin [Web3](https://iq.wiki/wiki/web3) Wallet is a separate non-custodial product that lets users manage assets, identity and data across multiple [blockchains](https://iq.wiki/wiki/blockchain) while remaining linked to the exchange.[[6]](#cite-id-6vy54obsk2) Educational and research offerings include Hotcoin Academy, Elite Picks as an expert-curated cryptocurrency recommendation feature providing research-driven token ideas and market insights, and a Research Institute that functions as Hotcoin's in-house research arm, producing market studies, guides and investment research disseminated via Hotcoin Academy, alongside live market commentary.[[6]](#cite-id-6vy54obsk2)​\n\n### Funding and Onboarding\n\nUsers fund accounts by depositing cryptocurrency or purchasing crypto with credit or debit cards through third-party processors such as Simplex, [Alchemy Pay](https://iq.wiki/wiki/alchemy-pay), [Mercuryo](https://iq.wiki/wiki/mercuryo) and Coinify; the exchange does not support direct bank deposits or fiat trading pairs.[[7]](#cite-id-6t7ozei5og)​[[2]](#cite-id-5yz028z1yh) Hotcoin also runs a Rewards Center where newcomers can earn up to 50 USDT in futures fee-discount coupons by completing tasks such as registering, depositing, using copy trading, completing identity verification and making a futures trade, while deposits from 500 USDT can qualify for a 200 USD bonus usable only to open a futures trade.[[7]](#cite-id-6t7ozei5og) A referral program advertised as \"Refer Friends and Earn Up to 20%\" offers up to 9,060 USDT in bonuses.[[2]](#cite-id-5yz028z1yh)​\n\n## Fees and VIP Program\n\nHotcoin applies a tiered fee structure keyed to 30-day trading volume and account balance. For entry-level (VIP 0) users, spot [trading fees](https://iq.wiki/wiki/trading-fee) are 0.20% for both maker and taker orders — a rate reviewers have described as relatively high compared with the 0.10% base spot fees at exchanges such as [Binance](https://iq.wiki/wiki/binance) and [Bitget](https://iq.wiki/wiki/bitget).[[5]](#cite-id-zu2o6in3oi)​[[7]](#cite-id-6t7ozei5og) Futures pricing is more competitive, with standard VIP 0 rates of 0.02% for makers and 0.06% for takers.[[5]](#cite-id-zu2o6in3oi) \n\nUnder the six-level schedule, spot maker/taker fees fall from 0.20%/0.20% at VIP 0 to 0.10%/0.11% at VIP 5 as qualifying 30-day volume increases from zero to 10,000,000 USDT.[[2]](#cite-id-5yz028z1yh) Crypto withdrawal fees are quoted at 0.0005 BTC and 0.0001 ETH, with no deposit fee, and typical minimums of 5 USDT or 0.00001 BTC for deposits and 1 USDT-equivalent for trades.[[2]](#cite-id-5yz028z1yh)​\n\n## Reserves, Custody and Security\n\nHotcoin publishes on-chain wallet addresses across three categories — hot wallets on networks including [Ethereum](https://iq.wiki/wiki/ethereum), TRON, BSC, [Polygon](https://iq.wiki/wiki/polygon), [Arbitrum](https://iq.wiki/wiki/arbitrum), [Solana](https://iq.wiki/wiki/solana) and [Optimism](https://iq.wiki/wiki/optimism); [cold wallets](https://iq.wiki/wiki/cold-wallet) on multiple major networks; and dedicated reserve-fund wallets on [Ethereum](https://iq.wiki/wiki/ethereum), TRON and BSC — and states that it operates on a 100% reserve basis.[[5]](#cite-id-zu2o6in3oi) The exchange reports platform-provided reserve figures and associated wallet balances directly to third-party aggregators, which display balances only for wallets holding more than 500,000 USD, but no independent third-party proof-of-reserves audit that reconciles on-chain assets with customer liabilities was located in the reviewed materials.[[1]](#cite-id-771chm7ilx)​[[5]](#cite-id-zu2o6in3oi) According to its CORE3 cybersecurity profile, Hotcoin has completed independent third-party penetration testing of its platform.[[9]](#cite-id-h7xum31ogb)​\n\nAccount-security controls available to users include Google Authenticator two-factor authentication, email and phone verification, an anti-phishing code, a separate fund password, official-channel verification and an account-disable function.[[5]](#cite-id-zu2o6in3oi) The company claims a \"zero-incident track record\" since founding and says it operates optimized global [node](https://iq.wiki/wiki/node) infrastructure for stable operations and 24/7 deposits, withdrawals and multilingual support.[[4]](#cite-id-tamgcly3hi)​[[6]](#cite-id-6vy54obsk2)​\n\nStandard trading on Hotcoin does not require mandatory identity verification (KYC). The exchange advertises flexible verification tiers, and withdrawal limits and feature access can depend on jurisdiction, product type, account activity and the outcome of risk-control reviews; the platform's terms allow it to request documentation, suspend access, restrict withdrawals and close positions for legal, security or compliance reasons.[[5]](#cite-id-zu2o6in3oi)​[[7]](#cite-id-6t7ozei5og)​\n\n## Developments\n\nHotcoin has continued to expand its derivatives and TradFi-linked offerings through 2026. In addition to reducing headline [leverage](https://iq.wiki/wiki/leverage) on major pairs in June 2026, it has publicized new futures listings — including contracts for Datadog, Atlassian and MongoDB at up to 20x [leverage](https://iq.wiki/wiki/leverage) that listed on 3 September 2026 — and further additions to its TradFi products lineup, promoted with limited-time zero-fee trading.[[3]](#cite-id-3fqdnxc9u3) The company has positioned its mobile application as an \"all in one app\" combining cryptocurrency, traditional-finance exposure, meme coins, copy trading, prediction markets and risk controls, and continues to appear at industry events including the [Hong Kong Web3 Festival](https://iq.wiki/wiki/hong-kong-web3-festival), [Consensus Hong Kong](https://iq.wiki/wiki/consensus-hong-kong-2026), [Token2049](https://iq.wiki/wiki/token2049), [Blockchain Life](https://iq.wiki/wiki/blockchain-life), the WOW Summit and the Moscow Forum.[[3]](#cite-id-3fqdnxc9u3)​[[8]](#cite-id-hmqliicszm)​","recentActivity":null,"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"categories":[{"id":"exchanges-and-marketplaces","title":"Exchanges & Marketplaces"}],"tags":[{"id":"Ethereum"},{"id":"Bitcoin"},{"id":"Solana"},{"id":"BNB Chain"},{"id":"CEX"}],"images":[{"id":"Qmdkjgb2QDWezJDs5eSVhBh63Bf9bXjfAD1PSZHTHByVzT","type":"image/jpeg, image/png"}],"media":[],"linkedWikis":{"founders":[],"blockchains":[],"speakers":[]},"events":[{"id":"6cb4438b-7935-4074-a958-8f4bb7fe9c8d","type":"CREATED","date":"2017-01-01","multiDateStart":null,"multiDateEnd":null,"country":"","continent":"","title":"Company founded (claimed)","description":"Exchange founded (reported as 2017, with some sources citing 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