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Hotbit
At Hotbit, our purpose is to help our clients build towards the extraordinary. We are a team of engineers, managers, and marketers—an ensemble for the modern...
Hotbit
At Hotbit, our purpose is to help our clients build towards the extraordinary. We are a team of engineers, managers, and marketers—an ensemble for the modern era. We leverage our deep-rooted technological heritage and business acumen to adeptly tackle challenging, long-term engineering and complex business problems, amplify the results and propel business growth.
General information
Firm type
other
Year founded
2017
Location
Region
Europe
Country
Estonia
City
Tallinn
Corporate office
Tallinn, Estonia
Additional offices
Hong Kong · Singapore · Seoul
Principals
Ming Guo
Founder & CEO
Sector focus
Frequently asked questions
Who founded Hotbit and when?
Ming Guo founded Hotbit in 2017. The exchange launched as a centralized platform for spot and margin trading.
Is Hotbit still operational in 2025?
No. Hotbit suspended all trading, deposits, and withdrawals on August 12, 2022. The platform has not resumed operations since that date.
What products did Hotbit offer?
Hotbit offered spot trading on over 1,000 cryptocurrency pairs, margin trading with up to 10x leverage, and staking products. It was known for listing smaller-cap tokens not available on larger exchanges.
Why did Hotbit suspend operations?
In August 2022, Hotbit cited a decline in user activity, market volatility, and operational challenges as reasons for suspending operations. The exchange did not disclose plans for a return.
How many users did Hotbit have at its peak?
Hotbit reported over 4 million registered users across 170+ countries. Most users were retail traders, and the exchange had no disclosed institutional client base.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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