Hotcoin
- Company typePrivate
- Founded2017
- HeadquartersSydney, Australia
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
Hotcoin firmographics
Firmographics- Name
- Hotcoin
- Legal name
- Hotcoin
- Website
- https://hotcoin.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Where Hotcoin is headquartered
LocationHeadquarters
- HQ city
- Sydney
- HQ country
- Australia
- HQ region
- Oceania
Markets served
Hotcoin business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Operations, Marketing or Sales, Personnel
Revenue model
- Trading Fees (Spot, Margin, Futures): Hotcoin charges maker and taker fees for spot, margin, and futures trading. Fee rates are tiered based on VIP level determined by 30-day trading volume and asset balance. Makers (limit orders) and takers (market orders) pay different rates, with higher volume traders receiving lower fees through the VIP program.
- Withdrawal Fees: Fees charged when users withdraw cryptocurrencies from the platform. Rates vary by cryptocurrency and are deducted from the withdrawal amount.
- P2P Trading Fees: Regular P2P users are generally not charged trading fees when buying or selling digital assets through the peer-to-peer marketplace. However, P2P merchants may have different fee structures as certified advertisers.
- VIP Membership Benefits: VIP tiers provide fee discounts, increased withdrawal limits, and exclusive benefits. Users qualify based on 30-day trading volume and asset balance, with tier upgrades unlocking better fee rates.
- Agent and Affiliate Programs: Lead traders can earn up to 30% profit share from followers. Agents can earn up to 60% commission. Market makers receive ultra-low fees and high transaction limits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | VIP Tiers 1-5 based on trading volume and balance |
| Transaction based/ take rate | Pay-as-you-go | Maker/Taker Fee Structure |
| Transaction based/ take rate | Pay-as-you-go | Withdrawal Fees |
| Freemium | One time/ perpetual license | New User Welcome Rewards |
| Outcome Based/ Performance | Pay-as-you-go | Lead Trader Profit Share (Copy Trading) |
| Transaction based/ take rate | Pay-as-you-go | Agent Commission Program |
| Freemium | Pay-as-you-go | P2P Trading (Regular Users) |
Go-to-market motion1 record
Distribution channels6 records
Marketing channels10 records
Hotcoin product offering
Product offeringCore offering
Hotcoin operates a centralized cryptocurrency exchange offering spot, margin, and perpetual futures trading across 550+ cryptocurrencies. The platform also provides peer-to-peer (P2P) trading with fiat on-ramps, a copy trading system for following elite traders, yield-bearing savings products under Hotcoin Earn, and an integrated Web3 wallet for decentralized applications. Services are delivered through web, iOS, Android, Mac, and Windows clients, supported by REST and WebSocket APIs for programmatic trading.
Product overview
Hotcoin is a centralized cryptocurrency exchange platform offering a comprehensive suite of trading products. The platform operates on a unified infrastructure with multiple trading modules including Spot Trading (core), Futures Trading (core), Margin Trading (core), P2P Trading (core), and Buy Crypto with Card (core). Supporting features include Copy Trading for social trading, Hotcoin Earn for yield generation, Web3 Wallet for decentralized services, Hotcoin Elite Picks for recommendations, Hotcoin Live for streaming content, Hotcoin Research Institute for market analysis, Hotcoin Academy for education, VIP Program for tiered benefits, Rewards Center for promotions, and Friend Referral for affiliate marketing. The platform also offers a mobile app for iOS/Android and desktop applications for Mac/Windows. Founded in 2017, Hotcoin serves users across 180+ countries with 24/7 operations.
Differentiator
Problem solved
Functional benefit
Brands
- Hotcoin Earn: Yield generation product for crypto assets with flexible and fixed savings options
- Hotcoin Elite Picks
- Hotcoin Academy
- Hotcoin Research Institute
- Hotcoin Live
- Hotcoin Web3 Wallet
- Hotcoin Card
Products and services
- Spot Trading Core exchange service enabling users to buy, sell, and trade cryptocurrencies instantly at market prices across over 550 cryptocurrencies and multiple trading pairs (BTC, ETH, SOL, XRP, PI, etc.) against USDT and USDC. Available to retail and professional traders globally through the Hotcoin platform.
- Futures Trading Perpetual futures trading service for cryptocurrency derivatives with leverage, including USDT-margined and coin-margined contracts. Targets active traders seeking leveraged exposure to crypto price movements.
- Margin Trading Leveraged spot trading service allowing users to borrow funds to amplify trading positions. Currently undergoing phased upgrade and temporary suspension as of February 2026 to enhance risk controls and reduce risk.
- Copy Trading Social trading feature allowing users to automatically copy strategies and trades from elite traders. Users can become lead traders to earn up to 30% profit share from followers. Available for spot and futures trading.
- P2P Trading Peer-to-peer marketplace enabling direct cryptocurrency trading between users. Supports fiat currencies including CNY and THB. Features escrow protection, order-matching tools, dispute resolution, and payment methods including WeChat Pay, Alipay, and bank transfers.
- Buy Crypto with Card Fiat on-ramp service allowing users to purchase cryptocurrency using credit or debit cards through trusted third-party providers. Targets new users seeking to acquire crypto directly via card payments.
- Hotcoin Earn Wealth management and yield generation product offering flexible and fixed savings options for cryptocurrency holdings. Users can earn returns on crypto assets (major cryptocurrencies and stablecoins) with various duration and payout structures.
- Web3 Wallet Non-custodial wallet service for accessing Web3 ecosystems, decentralized applications, and managing digital assets. Part of Hotcoin's expansion into broader blockchain services.
- VIP Program Tiered membership program offering fee discounts, increased withdrawal limits, priority support, and exclusive benefits. VIP levels (1-5) are based on 30-day trading volume and total asset balance, with daily updates at 02:00 UTC+8. Fast-track upgrade is available for users transferring assets from other exchanges.
- Hotcoin App Native mobile applications for iOS and Android plus desktop applications for Windows and Mac OS that deliver full Hotcoin trading functionality on the go, including spot, futures, copy trading, and account management.
- Prediction Market Event-based prediction trading platform where users can trade on the outcomes of real-world events such as sports tournaments. Targeted at users interested in event-driven trading beyond traditional crypto markets.
Quantifiable outcome
- 7+ million registered users served across 180+ countries
- +3 more outcomes
Companies that use Hotcoin
Customer profileSegments6 records
Ideal customer profiles3 records
Hotcoin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Hotcoin partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights4 records
Hotcoin competitors and assessment
Company assessmentDirect peers
- OKX: Top-tier centralized exchange offering spot, margin, futures, copy trading, P2P and a Web3 wallet — a near-direct competitor to Hotcoin's product suite and global positioning.
- Gate.io: Centralized exchange with extensive altcoin listings, futures, copy trading and Web3 wallet — comparable to Hotcoin's long-tail token strategy and broad product stack.
- HTX (formerly Huobi): Centralized exchange with strong Asia-Pacific roots offering spot, futures, P2P and Earn — highly comparable to Hotcoin in product mix, geography and asset coverage.
- Bybit: Derivatives-focused centralized exchange with spot, futures, copy trading and Earn; comparable to Hotcoin on core trading, leverage products and multi-platform availability.
- Binance: The world's largest centralized crypto exchange by trading volume; directly comparable to Hotcoin across spot, futures, P2P, copy trading, earn products and global geographic reach.
- Bitget: Centralized exchange built around futures and copy trading, with spot and Earn products — directly comparable to Hotcoin's social/copy-trading emphasis.
- KuCoin: Mid-tier global centralized exchange known for long-tail token listings, futures, copy trading and P2P — closely overlaps with Hotcoin's altcoin-heavy, emerging-market strategy.
- MEXC: Centralized exchange focused on early-stage token listings, spot and futures trading; comparable to Hotcoin on altcoin breadth and emerging-market user base.
Broad incumbents
- Coinbase: Largest publicly listed US-regulated centralized exchange; offers spot trading and staking that overlap with Hotcoin's core, but operates primarily in regulated Western markets with a different compliance posture.
- Crypto.com: Regulated global exchange with spot, derivatives, Earn and a payments card — comparable to Hotcoin on multi-product breadth and global reach, but with stronger regulated-market positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Hotcoin social profiles
Digital presenceHotcoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hotcoin leadership team
Management profileNumber of profiles
Hotcoin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hotcoin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hotcoin
What does Hotcoin do?
Hotcoin operates a centralized cryptocurrency exchange offering spot, margin, and perpetual futures trading across 550+ cryptocurrencies. The platform also provides peer-to-peer (P2P) trading with fiat on-ramps, a copy trading system for following elite traders, yield-bearing savings products under Hotcoin Earn, and an integrated Web3 wallet for decentralized applications. Services are delivered through web, iOS, Android, Mac, and Windows clients, supported by REST and WebSocket APIs for programmatic trading.
Is Hotcoin a public or private company?
Hotcoin is a private company. It is classified as unknown and is currently operating.
When was Hotcoin founded?
Hotcoin was founded in 2017. It employs 51 to 100 people.
Where is Hotcoin based?
Hotcoin is headquartered in Sydney, Australia, in the Oceania region.
How does Hotcoin make money?
Five revenue lines are on record. Trading Fees (Spot, Margin, Futures) is the primary driver. The others are withdrawal Fees, P2P Trading Fees, VIP Membership Benefits and agent and Affiliate Programs.
Who are Hotcoin's main competitors?
Direct peers on record are OKX, Gate.io, HTX (formerly Huobi), Bybit, Binance, Bitget, KuCoin and MEXC. Broad incumbents are Coinbase and Crypto.com.
Does Hotcoin have an API?
Yes. Hotcoin provides a comprehensive API suite for trading and market data access. The API includes Spot/Leverage API with endpoints for basic information, market data, account information, and spot/leverage trading; Perpetual Futures API with market data, asset data, position data, and futures trading endpoints; and WebSocket API for real-time market data push for both spot/leverage and perpetual futures. API service is free for all users. Public REST APIs can be tested directly in browsers. Base URL: https://api.hotcoinfin.com/v1/. New users can earn up to 9,060 USDT in rewards. Lead traders can earn up to 30% profit share. Market makers receive ultra-low fees and high transaction limits. Developer documentation is at www.hotcoin.com/en_US/apiDocument.