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HitBTC

HitBTC is a crypto exchange active since 2013, still operating and without a MiCA licence; its terms exclude Italy. Authorities in Saint Vincent and the Grenadines, Seychelles and the British Virgin Islands warn that the stated operators are not registered or authorised there.

Riccardo CuratoloBy Riccardo Curatolo 3 min read How we work
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Saint Vincent and the Grenadines FSA warning. On 9 April 2025 the financial authority of Saint Vincent and the Grenadines announced that HitBTC, Htechno Business Ltd and HiTech Digital Business Ltd are not registered in the country and do not operate there, and that documents attesting to registrations or licences in the country are "false and forged" (FSA warning). In 2026 the Seychelles authority also warned that neither the platform nor the named operators hold any authorisation in the country. The platform remains online. Updated 26 October 2026.

What HitBTC is

HitBTC is a centralised cryptocurrency exchange active since 2013, according to the company. It offers spot trading, futures and margin trading. The website does not mention any licences from financial authorities. The stated operator has changed several times: HIT Solution Ltd, with a Hong Kong address, until 2020; Hit Tech Solutions Development Ltd (Seychelles) between 2020 and 2021; HiTech Digital Business Ltd, presented as a British Virgin Islands company and later as a Saint Vincent and the Grenadines company, from 2021 to 2024; and finally Htechno Business Ltd (also "Hitechno" in the authorities' warnings). On 26 October 2026 HitBTC's public API was returning up-to-date prices. (Verified: October 2026)

Regulation and licences

(Verified: October 2026)

  • MiCA: NO — HitBTC does not appear in the ESMA register of crypto-asset service providers (update of 22 October 2026). The terms of service (copy of 1 February 2026) exclude, among others, residents of Italy, France, Germany, Belgium and the United States.
  • Saint Vincent and the Grenadines FSA: warnings of 20 March 2024 (HiTech Digital Business Ltd) and 9 April 2025 (HitBTC, Htechno Business Ltd and HiTech Digital Business Ltd). In 2024 the Authority pointed out that it does not issue licences for Bitcoin and cryptocurrencies.
  • Seychelles FSA: warning of 15 January 2026 about HitBTC, Hitechno Business Ltd and HiTech Digital Business Ltd, which have no links to the country and no authorisations; update of 29 July 2026 about Hit Tech Solutions Development Ltd, never authorised and dissolved on 12 May 2023.
  • British Virgin Islands FSC: public statement no. 30 of 9 November 2023. HiTech Digital Business Ltd (HitBTC), struck off the register on 1 May 2020 for non-payment of annual fees and dissolved on 4 July 2023, never held any financial licence in the Islands. Relayed by CONSOB (Italy's securities regulator) on 6 December 2023.
  • CNMV (Spain): warning of 7 February 2022 about www.hitbtc.com and Hitech Digital Business Ltd, not authorised to provide investment services; relayed by CONSOB on 14 February 2022.
  • CMF (Chile): alert of 5 December 2023 about HitBTC, which offers investment services without being regulated by or registered with the CMF.
  • CONSOB: there are no direct orders or blocking measures concerning HitBTC (archive of warnings and list of blocked websites, consulted on 26 October 2026).

Security

There is no record of any authority supervising the custody of funds deposited on HitBTC. The legal notices allow the platform to reject deposits and suspend withdrawals if the provider that handles its compliance detects suspicious activity. On 3 October 2025 the outlet ForkLog reported the case of a user who says around 100,000 dollars have been blocked since April 2025 "due to suspicious activity" and that inactivity fees were charged after six months; HitBTC did not respond to the outlet. It is an individual case, reported by the person concerned.

Headquarters and contacts

  • Cannot be verified: the terms of service (February 2026) name Htechno Business Ltd, which claims to be incorporated in Saint Vincent and the Grenadines, but the country's authority denies this. The website publishes only email contacts.
  • Official website: no link, because the domain is the subject of warnings from several authorities.

Alternatives

Operators with a MiCA licence in the European Union (ESMA register, October 2026):

  • Kraken — MiCA licence from the Central Bank of Ireland
  • Bitstamp — MiCA licence from Luxembourg's CSSF
  • OKX — MiCA licence from the Maltese authority MFSA

FAQ

Is HitBTC still active? Yes: on 26 October 2026 the platform was returning up-to-date prices. However, according to the authority of Saint Vincent and the Grenadines, the stated operator, Htechno Business Ltd, is not registered in the country (Verified: October 2026).

Is HitBTC legal in the EU? No. It does not have the MiCA licence required to offer crypto-asset services in the European Union, and its terms of service exclude residents of Italy (Verified: October 2026).

Verified sources

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