What is HIBT? How Experise Work? Complete Guide [2024]

HIBT is a digital asset trading service platform registered in Canada in 2021. With a team of 200+ seasoned professionals in the field of digital assets and a deep understanding of core financial technologies, HIBT offers trading and investment services to over 3 million users worldwide. The platform supports both spot and derivative trading services, dedicated to discovering the brightest crypto gems for investors.

As a trustworthy company, HIBT sincerely serves a vast community of crypto asset investors. Committed to providing the most convenient, secure, and reliable services, HIBT aims to be the preferred platform for crypto asset investors.

What Fiat Currencies Does HIBT Support?

HIBT supports several fiat currencies for deposits, withdrawals, and potentially trading cryptocurrencies:

• Chinese Yuan (CNY)
• United States Dollar (USD)
• Hong Kong Dollar (HKD)
• Thai Baht (THB)
• Japanese Yen (JPY)

Since you’re interested in using Chinese Yuan (CNY) with HIBT, here’s a more detailed breakdown of what you might be able to do:

Deposits and Withdrawals:

• Assuming you have CNY, you can likely deposit it to your HIBT account. This would allow you to buy cryptocurrencies using your CNY balance.
• HIBT might also allow withdrawals in CNY. This would be a way to convert your crypto holdings back to fiat currency and have it sent to your bank account.

Trading:

• Not all exchanges allow trading cryptocurrencies directly with CNY. This is because some regulations restrict the use of CNY for cryptocurrency trading.
• You’ll need to check if HIBT offers CNY trading pairs. These are trading pairs where you can buy or sell cryptocurrencies using CNY. Here are two possibilities:
  • Direct CNY Pairs: HIBT might offer trading pairs like BTC/CNY or ETH/CNY. This would allow you to directly buy Bitcoin (BTC) or Ethereum (ETH) using CNY.
  • Indirect CNY Trades: If HIBT doesn’t have direct CNY pairs, you might still be able to trade cryptocurrencies using CNY. You would need to convert your CNY to a supported stablecoin like USDT (Tether) first, and then use USDT to buy other cryptocurrencies.

Here are some recommendations to confirm your options with CNY on HIBT:

• HIBT’s Fee Schedule: Check their fee schedule to see if there are any specific fees associated with CNY deposits, withdrawals, or CNY trading pairs (if available).
• HIBT Help Center: Search their Help Center for information on supported currencies and trading pairs. They might have a dedicated FAQ section about fiat currencies.
• HIBT Customer Support: If the information isn’t clear online, contact HIBT customer support directly. They should be able to clarify which options are available for using CNY on their platform.

Remember: Crypto regulations, especially those related to fiat currency usage, can be complex and change frequently. It’s always best to stay updated on HIBT’s policies and any relevant regulations in your jurisdiction.

United States Dollar (USD)

Similarly to CNY, let’s explore how you can potentially use the United States Dollar (USD) with HIBT:

Deposits and Withdrawals:

• If you have USD, you should be able to deposit it to your HIBT account. This would allow you to buy cryptocurrencies using your USD balance.
• HIBT likely also allows withdrawals in USD. This would be a way to convert your crypto holdings back to USD and have it sent to your bank account.

Trading:

• Thankfully, USD is a widely supported currency for cryptocurrency trading. HIBT almost certainly offers USD trading pairs. These are trading pairs where you can buy or sell cryptocurrencies directly using USD. Here are some examples:
  • Direct USD Pairs: HIBT likely offers trading pairs like BTC/USD or ETH/USD. This would allow you to directly buy Bitcoin (BTC) or Ethereum (ETH) using USD.
  • Stablecoin Conversion: You can also use USD to buy stablecoins like USDT (Tether) and then use USDT to trade for other cryptocurrencies.

Here are some suggestions to confirm your USD options on HIBT:

• HIBT’s Fee Schedule: Check their fee schedule to see if there are any specific fees associated with USD deposits, withdrawals, or USD trading pairs.
• HIBT Help Center: Search their Help Center for information on supported currencies and trading pairs. They might have a dedicated FAQ section about fiat currencies.
• HIBT Customer Support: If the information isn’t clear online, contact HIBT customer support directly. They should be able to clarify which options are available for using USD on their platform.

Important Note:

• While USD is generally a stable currency, remember that the cryptocurrency market itself can be volatile. The price of cryptocurrencies can fluctuate significantly, so there’s always a risk of losing value when trading.

By following these suggestions, you should be able to get a clear picture of how to use USD for deposits, withdrawals, and potentially trading cryptocurrencies on HIBT.

Hong Kong Dollar (HKD)

Now that we’ve covered CNY and USD, let’s see what you can potentially do with Hong Kong Dollar (HKD) on HIBT:

Deposits and Withdrawals:

• Based on the information we found earlier from liquidityfinder.com, HIBT supports HKD. This means you should be able to deposit HKD to your HIBT account and withdraw HKD from your account.

Trading:

• Similar to CNY, the situation with HKD trading might be a little more nuanced:
  • Direct HKD Pairs: There’s a chance HIBT offers trading pairs directly with HKD, like BTC/HKD or ETH/HKD. This would allow you to buy Bitcoin (BTC) or Ethereum (ETH) directly using HKD.
  • Indirect HKD Trades: If HIBT doesn’t have direct HKD pairs, you might still be able to trade cryptocurrencies using HKD. You would need to convert your HKD to a supported stablecoin like USDT (Tether) first, and then use USDT to buy other cryptocurrencies.

Here’s what you can do to confirm your HKD options on HIBT:

• HIBT’s Trading Pairs: Check the list of trading pairs offered by. This might be available on their website or trading platform. Look for any pairs with HKD to see if direct trading is possible.
• HIBT Help Center: Search their Help Center for information on supported currencies and trading pairs. They might have a dedicated FAQ section about fiat currencies.
• HIBT Customer Support: If the information isn’t clear online, contact customer support directly. They should be able to clarify which options are available for using HKD on their platform.

Additional Considerations for HKD:

• Regulations: While Hong Kong has a generally open stance on cryptocurrencies, there might be regulations affecting HKD trading on cryptocurrency exchanges. It’s always good practice to stay updated on any relevant regulations in Hong Kong.

By following these steps, you should be able to determine how to use HKD for deposits, withdrawals, and potentially trading cryptocurrencies on HIBT.

Thai Baht (THB)

Continuing our exploration of fiat currencies on HIBT, let’s delve into Thai Baht (THB). Here’s what you might be able to do with THB on the platform:

Deposits and Withdrawals:

• Based on our previous information source, liquidityfinder.com, HIBT lists THB as a supported currency. This suggests you can likely deposit THB to your account and potentially withdraw THB from it.

Trading:

• Similar to HKD and CNY, THB trading might be more restricted:
  • Direct THB Pairs: There’s a possibility offers trading pairs directly with THB, like BTC/THB or ETH/THB. This would allow you to buy Bitcoin (BTC) or Ethereum (ETH) directly using THB.
  • Indirect THB Trades: If doesn’t have direct THB pairs, you might still be able to trade cryptocurrencies using THB. You’d need to convert your THB to a supported stablecoin like USDT (Tether) first, and then use USDT to buy other cryptocurrencies.

Here’s how you can confirm your THB options on HIBT:

• HIBT’s Trading Pairs: Check the list of trading pairs offered by. This might be available on their website or trading platform. Look for any pairs with THB to see if direct trading is possible.
• HIBT Help Center: Search their Help Center for information on supported currencies and trading pairs. They might have a dedicated FAQ section about fiat currencies.
• HIBT Customer Support: If the information isn’t clear online, contact HIBT customer support directly. They should be able to clarify which options are available for using THB on their platform.

Additional Considerations for THB:

• Regulations: Thailand has regulations around cryptocurrency trading. It’s important to be aware of any restrictions that might affect using THB on HIBT. You can find information on Thai cryptocurrency regulations from the Securities and Exchange Commission of Thailand (SEC Thailand).

By following these steps, you should be able to determine how to use THB for deposits, withdrawals, and potentially trading cryptocurrencies on HIBT. Remember, it’s always a good practice to stay updated on regulations in your jurisdiction.

Japanese Yen (JPY)

All right, finally let’s look into Japanese Yen (JPY) and what you can potentially do with it on HIBT:

Deposits and Withdrawals:

• According to our previous source, liquidityfinder.com, JPY is listed as a supported currency on . This means you should be able to deposit JPY to your account and likely withdraw JPY from it as well.

Trading:

• JPY is a widely used currency, so there’s a good chance offers JPY trading pairs:
  • Direct JPY Pairs: I likely offers trading pairs directly with JPY, like BTC/JPY or ETH/JPY. This would allow you to buy Bitcoin (BTC) or Ethereum (ETH) directly using JPY.
  • Stablecoin Conversion: You can also use JPY to buy stablecoins like USDT (Tether) and then use USDT to trade for other cryptocurrencies.

Here’s what you can do to confirm your JPY options on HIBT:

• HIBT’s Trading Pairs: Check the list of trading pairs offered by. This might be available on their website or trading platform. Look for any pairs with JPY to see if direct trading is possible.
• HIBT Help Center: Search their Help Center for information on supported currencies and trading pairs. They might have a dedicated FAQ section about fiat currencies.
• HIBT Customer Support: If the information isn’t clear online, contact HIBT customer support directly. They should be able to clarify which options are available for using JPY on their platform.

Additional Considerations for JPY:

• Regulations: Japan has regulations on cryptocurrency trading. It’s important to be aware of any restrictions that might affect using JPY on. You can find information on Japanese cryptocurrency regulations from the Financial Services Agency of Japan (FSA).

By following these steps, you should be able to determine how to use JPY for deposits, withdrawals, and potentially trading cryptocurrencies on. Remember, staying informed about regulations in your location is always a good idea.

Is there anything else you’d like to know about HIBT or cryptocurrencies in general?

How is the Security Performance of HIBT?

The ensures bank-level security protection for user assets, with 90% of user funds stored and controlled in multi-signature cold wallets. Additionally, employs leading software and hardware firewalls, intrusion detection systems (24/7), and conducts regular security audits and vulnerability scans. The risk control team operates 24/7 to guarantee the absolute security of user funds.

Where is the Headquarters of Located?

This is headquartered in Dubai, with operation centers in Japan, South Korea, Singapore, and other locations.

FameEX’s headquarters are located in Australia [1, 2, 4]. This information can be found from several sources:

• FameEX Help Center: Their Help Center doesn’t have a dedicated page for headquarters location, but during an AMA (Ask Me Anything) session in November 2022, a company representative mentioned their HQ being in Australia [1].
• Liquidity Finder: This website provides crypto exchange data and lists Australia as the headquarters location for FameEX [2].

While the headquarters are in Australia, it’s important to note that FameEX has a global team spread across the Asia-Pacific (APAC) region, including staff in Taipei [1].

What Licenses Does Hold?

While I can’t definitively confirm the exact licenses FameEX holds due to potential limitations of their website or disclosure practices, I can help you with some resources to find out:

1. Check FameEX’s Website:
   • Look for a section about “About Us,” “Licensing,” or “Compliance.” Here, they might list their licenses and regulatory bodies they are registered with.
   • Explore their legal documents like Terms of Service or User Agreements. These might mention relevant licensing requirements.
2. Look for Regulatory Database Listings:
   • Some countries or regions maintain public databases listing licensed cryptocurrency exchanges. Search for regulatory bodies overseeing crypto exchanges in the region where FameEX operates. For instance, the US has FinCEN (Financial Crimes Enforcement Network), and Singapore has the Monetary Authority of Singapore (MAS).
3. Contact FameEX Support:
   • If the information isn’t readily available online, consider reaching out to FameEX customer support directly. They should be able to provide details about their licensing status.

Remember: Crypto regulations are still evolving globally. A license in one region might not necessarily translate to another.

Here’s a disclaimer to consider:

• Limited Guarantee: There’s always a chance the information on FameEX’s website or from their support might not be entirely comprehensive.

Does Support Leverage or Margin Trading?

HIBT supports up to 100x leverage in perpetual contract trading. Users can choose between full-margin and isolated-margin modes for contract trading.Offers a variety of quantitative strategy tools (grid trading, martingale strategy, etc.) for users to configure and use with their trading parameters.

Unfortunately, it’s difficult to definitively say which fiat currencies supports without more context about which you’re referring to. Here’s a breakdown based on the possibilities we discussed:

1.Hawaiian International Billfish Tournament: This is not a financial platform and wouldn’t deal with fiat currencies.

2.How I Built This Podcast: Podcasts typically don’t have financial transactions and wouldn’t support fiat currencies.

3.Limited: Without additional details about this company, it’s impossible to say for sure. If it’s a financial institution, you might find information about supported currencies on their website or by contacting them directly.

4.(Hotscoin): If HIBT refers to a cryptocurrency exchange platform, it likely supports several major fiat currencies for buying and selling crypto. However, the specific currencies offered can vary depending on the platform.

Here are some suggestions for finding out which fiat currencies supports:

If you know it’s a cryptocurrency platform: Search for the platform’s name and “supported currencies” online. You should find a list on their website or through reviews and comparisons.If you’re unsure: Look for additional context clues about. Was it mentioned alongside cryptocurrency discussions? This might point you towards the exchange platform meaning.

Remember, if you’re unsure about the specific you’re interested in, it’s always best to clarify the context before assuming it’s a financial platform.

HIBT can refer to a few things depending on the context:

1. Hawaiian International Billfish Tournament: This is the most likely meaning if you’re interested in large events or fishing. It’s one of the oldest and most prestigious sportfishing tournaments globally, held annually in Kona, Hawaii [1].
2. How I Built This Podcast: This is a popular podcast hosted by Guy Raz that explores the stories behind successful companies [2].
3. Limited: This could be a company name. Without more information, it’s difficult to determine its specific industry or location, but you might be able to find details through a company registry search engine [4].
4. (Hotscoin): In the context of cryptocurrency, HIBT might refer to a digital asset trading platform or the ticker symbol for a specific coin [3].