# Hotcoin

> Hotcoin is a centralized cryptocurrency exchange that provides spot, margin, and futures trading plus copy trading, prediction markets, earn products and a Web3 wallet.

- Canonical URL: https://iq.wiki/wiki/hotcoin
- Categories: Exchanges & Marketplaces
- Tags: Ethereum, Bitcoin, Solana, BNB Chain, CEX
- Created: 2026-09-03T15:48:38.832Z
- Last updated: 2026-09-03T15:48:38.832Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Hotcoin** is a [centralized cryptocurrency exchange](https://iq.wiki/wiki/cex-centralized-exchange) founded in 2017 that offers spot, margin and derivatives trading alongside a broader suite of products including copy trading, a prediction market, yield products and a self-custodial [Web3](https://iq.wiki/wiki/web3) wallet.[\[1\]](#cite-id-771chm7ilx)​

## Products and Services

Hotcoin has grown from an exchange into a multi-product ecosystem. Its product list spans Spot, Futures, Margin, Copy Trading, a Prediction Market, 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) 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)​

### Spot and Margin Trading

Spot 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.[\[8\]](#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.[\[9\]](#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.[\[8\]](#cite-id-6vy54obsk2)​[\[2\]](#cite-id-5yz028z1yh)​

Hotcoin 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. According to a review, Convert carries "no additional [trading fees](https://iq.wiki/wiki/trading-fee) or [slippage](https://iq.wiki/wiki/slippage), regardless of order size," and the company has promoted it as a faster, simpler alternative for users who simply want to swap one asset for another.[\[9\]](#cite-id-6t7ozei5og)​[\[3\]](#cite-id-3fqdnxc9u3)​

### Futures and Derivatives

Futures 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) Reported maximum [leverage](https://iq.wiki/wiki/leverage) has varied widely across sources and over time, from figures of 100x to a headline "up to 400x."[\[8\]](#cite-id-6vy54obsk2)​[\[1\]](#cite-id-771chm7ilx) In June 2026 the exchange briefly raised some contracts to 400x before reducing its maxima: BTC/USDT and ETH/USDT fell from 400x to 200x, SOL/USDT from 300x to 100x and [XRP](https://iq.wiki/wiki/xrp)/USDT from 300x to 125x.[\[5\]](#cite-id-zu2o6in3oi) Reviewers have characterized [leverage](https://iq.wiki/wiki/leverage) of this magnitude as extreme, noting that at 200x the opening taker fee alone can represent a meaningful share of a position's [collateral](https://iq.wiki/wiki/collateral).[\[9\]](#cite-id-6t7ozei5og)​[\[5\]](#cite-id-zu2o6in3oi)​

Funding 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 price as a reference rather than a binding guarantee.[\[5\]](#cite-id-zu2o6in3oi) Hotcoin also offers a demo trading mode for futures.[\[9\]](#cite-id-6t7ozei5og)​

### Tokenized Securities and Prediction Markets

During 2026 Hotcoin introduced [real-world-asset](https://iq.wiki/wiki/real-world-assets-rwas) (RWA) derivatives in the form of perpetual contracts tracking selected stocks and exchange-traded funds. These 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 company markets tokenized stocks as "bStocks," reported to be issued by BTECH Holdings, a [Binance](https://iq.wiki/wiki/binance) affiliate, and has announced additions such as tokenized contracts referencing CrowdStrike, Moderna, the SQQQ inverse ETF and Seagate under limited-time zero-fee promotions.[\[9\]](#cite-id-6t7ozei5og)​[\[3\]](#cite-id-3fqdnxc9u3) These contracts do not confer share ownership or voting rights and carry additional risks including traditional-exchange closures, weekend gaps, corporate actions and price-feed failures.[\[5\]](#cite-id-zu2o6in3oi) Hotcoin also operates a prediction market, listed among its core product verticals, in which the principal risks are resolution and settlement of outcomes.[\[10\]](#cite-id-hmqliicszm)​[\[5\]](#cite-id-zu2o6in3oi)​

### Copy Trading, Earn and Web3 Wallet

Copy trading allows users to automatically mirror the strategies of experienced "Master" traders, of whom over 700 are reported to be available to follow.[\[8\]](#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) 

Hotcoin 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.[\[9\]](#cite-id-6t7ozei5og)​[\[8\]](#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.[\[8\]](#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.[\[8\]](#cite-id-6vy54obsk2)​

### Funding and Onboarding

Users 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.[\[9\]](#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.[\[9\]](#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)​

## Fees and VIP Program

Hotcoin 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)​[\[9\]](#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) 

Under 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, while the corresponding 24-hour withdrawal limit rises from 2 BTC to 50 BTC 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)​

## Reserves, Custody and Security

Hotcoin 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 its financial reserves directly to third-party aggregators, which display balances only for wallets holding more than 500,000 USD.[\[1\]](#cite-id-771chm7ilx)​

Account-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)​[\[8\]](#cite-id-6vy54obsk2)​

Standard trading on Hotcoin does not require mandatory identity verification (KYC), and non-KYC accounts can withdraw up to the equivalent of two BTC per day; however, campaign participation or risk-control reviews can make verification mandatory, and 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)​[\[9\]](#cite-id-6t7ozei5og)​

## Developments

Hotcoin has continued to expand its derivatives and tokenized-asset 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 tokenized-securities 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)​[[10]](#cite-id-hmqliicszm)​