Htx Review 2024

Autor

Revisor

Last update: 12 months ago

Our veredict

HTX crypto exchange presents a mixed bag of offerings for both novice and seasoned cryptocurrency traders. On the positive side, HTX is recognized for its robust security measures, which is a crucial aspect for any trading platform. It employs state-of-the-art security protocols to ensure that user funds and information are protected against any unauthorized access. This focus on security is complemented by a user-friendly interface, which makes it accessible for beginners who might find the complexities of cryptocurrency trading daunting.

However, HTX is not without its drawbacks. The platform has been criticized for having limited trading pairs, which can be a significant limitation for traders looking to explore different cryptocurrency markets. Additionally, there are concerns about the customer service response times, which can impact user experience negatively, especially in a fast-paced trading environment where timely support can be critical. Overall, while HTX offers a secure and easy-to-navigate platform, its limited trading options and customer service issues are areas where improvements could be made to enhance its attractiveness to a broader range of traders.

Pros

Cons

Investing risks losing your money

4,4

Threenvest Score

Fees

≤0,20%

U.S Legal

With the confidence of Threenvest

1. Security Measures HTX takes security seriously with features such as cold storage, two-factor authentication (2FA), and SSL encryption. These measures ensure user funds and data are well-protected, reducing the risk of unauthorized access and cyber threats.

2. High Liquidity HTX ranks among the top cryptocurrency exchanges globally, offering deep liquidity for popular trading pairs. This high trading volume ensures efficient order execution and minimizes slippage, making it a reliable platform for large and small traders alike.

3. Transparent Fee Structure HTX maintains a competitive and transparent fee structure, catering to a wide range of traders. The clear breakdown of deposit, trading, and withdrawal fees helps users understand and manage their trading costs effectively.

4. Regulatory Compliance While HTX operates in an essentially unregulated environment, it adheres to strict compliance protocols in regions like Hong Kong and Nevada. This regulatory oversight provides an additional layer of trust for users concerned about the legal standing of their trading platform.

5. Positive Reputation and Reviews HTX has built a strong reputation over the years, supported by generally positive reviews from its extensive user base. The platform’s longevity and consistent service quality contribute to its credibility in the competitive crypto exchange market.

Best Crypto Exchanges

Why can you trust Threenvest?

At Threenvest, we are unwaveringly committed to providing you with unbiased ratings and information. Our editorial team operates independently, free from any advertising influence. We use meticulous, data-driven methodologies to evaluate financial products and companies, ensuring that all assessments are conducted on a level playing field.

To better understand our editorial guidelines and the investment methodology that supports our ratings, you can explore the information in our editorial policy.

About Htx

Introduction

HTX, previously known as Huobi, is a prominent cryptocurrency exchange offering a comprehensive platform for buying and selling digital currencies. With an extensive selection of over 700 cryptocurrencies, HTX provides a robust trading environment suitable for both novice and experienced traders.

What is HTX?

HTX is a cryptocurrency exchange that facilitates the trading of a wide range of digital assets. It offers various trading options, including spot, margin, and futures trading. Additionally, HTX has its native token, Huobi Token (HT), which provides users with benefits such as discounted trading fees and governance voting rights.

Background and History

Founded in 2013 by Leon Li and Du Jun, HTX quickly established itself as one of the top cryptocurrency exchanges globally. Initially based in China, HTX relocated to the Republic of Seychelles following regulatory crackdowns. The platform has expanded its presence worldwide, including offices in South Korea, Japan, Hong Kong, and Singapore. HTX’s history is marked by its commitment to innovation and expansion, which has allowed it to remain a key player in the crypto market despite various challenges.

Founders

HTX was founded by Leon Li and Du Jun. Before establishing HTX, Leon Li was a computer engineer at Oracle, and Du Jun had founded successful companies like Golden Finance and Node Capital. Their combined experience and vision have been pivotal in HTX’s growth and success in the competitive cryptocurrency exchange market.

Why Choose Htx?

Extensive Range of Cryptocurrencies HTX supports trading for over 700 different cryptocurrencies. This extensive selection makes it one of the most comprehensive exchanges available, providing traders with numerous options to diversify their portfolios. Whether you’re looking to trade major cryptocurrencies like Bitcoin and Ethereum or explore lesser-known altcoins, HTX has you covered.

Advanced Trading Features HTX offers a variety of advanced trading options, including margin trading, futures contracts, and leveraged exchange-traded products (ETPs). These features allow traders to employ various strategies and potentially amplify their profits. The platform also supports high leverage for certain trades, catering to both novice and professional traders who seek more sophisticated trading tools.

Robust Security Measures Security is a top priority for HTX. The exchange employs multiple layers of protection, including two-factor authentication (2FA), cold storage for the majority of user funds, and SSL encryption for data transmission. Additionally, HTX conducts regular security audits to identify and address potential vulnerabilities, ensuring that users’ assets and personal information remain secure.

Where it falls short

High Trading Fees for Certain Markets While HTX generally offers competitive trading fees, some specific markets can have higher-than-average fees. This can be a significant drawback for frequent traders who may see their profitability impacted by these costs. To address this issue, HTX could standardize and lower fees across all markets to ensure more uniform and predictable costs for traders.

Complex Interface for Beginners HTX’s feature-rich trading interface, while powerful, can be overwhelming for newcomers to cryptocurrency trading. The platform’s complexity may deter beginners who are not yet familiar with advanced trading tools and terminologies. HTX could improve by providing a simplified interface option or enhanced tutorials and guides to help new users navigate the platform more easily.

Features	Explanation
Minimum Trade	The minimum trade amount is user-friendly, accommodating small-scale traders.
Trading and Transaction Fees	HTX has competitive fees, with discounts available for HT holders, though some markets have higher fees.
Number of Cryptocurrencies	Supports over 700 cryptocurrencies, making it one of the most comprehensive exchanges.
Crypto-to-Crypto Trading Pairs	Offers more than 230 trading pairs, providing extensive trading options.
Website Transparency	Generally transparent, though some users report difficulty finding specific fee details.
Credit/Debit Card	HTX does not currently offer its own exchange card for customers to use for in-store purchases and receive benefits.
Storage Offering	Utilizes cold storage for the majority of funds, ensuring high security.
Staking and Rewards	Offers staking on multiple assets with competitive APYs, though availability can be limited.
Mobile App and Desktop	High-rated mobile app with robust features; desktop app available and efficient.
Customer Service	Provides multiple support channels, but response quality can be inconsistent.
Deposit and Withdraw	Supports various methods, but fiat withdrawals are limited; some users find the withdrawal process complex.

Investing risks losing your money

Xavier Tarrasó

EIP and Cryptocurrency Investor

As a cryptocurrency analyst, I find HTX to be a robust platform suitable for a range of trading needs. With over 700 cryptocurrencies available and a variety of advanced trading options, HTX caters to both novice and experienced traders. The platform’s security measures, including two-factor authentication and cold storage, provide significant peace of mind. However, its complex interface can be daunting for beginners, and higher fees in some markets may affect frequent traders. Despite these drawbacks, HTX’s extensive offerings and solid security make it a compelling choice for serious traders .

Fees

HTX employs a tiered fee structure, with trading fees decreasing as users trade more or hold more HTX Tokens (HT). The base trading fee for users with less than 10 HT is 0.20% per trade. However, by holding HT, users can receive significant discounts on these fees, reducing them to as low as 0.07% for high-volume traders. Additionally, HTX offers competitive fees for deposits and withdrawals, depending on the method and currency used. Crypto deposits are generally free, while fiat deposits and withdrawals can incur minimal fees. HTX’s fee structure is designed to be transparent and user-friendly, ensuring that traders can focus on their trading strategies without worrying about hidden costs .

Pros

Competitive Trading Fees: Low trading fees ranging from 0.1% to 0.2%, making it cost-effective for active traders.
Transparent Fee Structure: Clear and easily accessible information on fees, allowing users to understand costs upfront.
No Deposit Fees: Free deposits for most cryptocurrencies, reducing overall trading costs.

Cons

Comprehensive Analysis of HTX Trading Commissions

HTX, formerly known as Huobi, has established a comprehensive and competitive fee structure designed to cater to various trader profiles. This analysis delves into the different types of fees traders can expect on the platform, providing insights into their impact and transparency.

Trading Fees

HTX employs a maker-taker fee model to encourage liquidity on its platform. The base trading fee for both makers and takers is 0.20%. However, these fees can be significantly reduced based on the user’s trading volume and HTX Token (HT) holdings. For instance:

Traders with over 10 HT receive a 10% discount, reducing the fee to 0.18%.
For those holding 5,000 HT, the fee can drop as low as 0.07%, representing a 65% discount.

Deposit and Withdrawal Fees

HTX provides free deposits for cryptocurrencies. Fiat deposits, however, vary depending on the method and currency:

SEPA bank transfers incur a fee of 0.15% + 1 EUR.
Skrill deposits are charged at 2.9% + 0.1%.
Faster Payments in GBP incur a 0.15% + 1 GBP fee.

Withdrawal fees also vary by cryptocurrency, with examples including:

Bitcoin (BTC) withdrawal fee: 0.0005 BTC.
Ethereum (ETH) withdrawal fee: 0.01 ETH.

Additional Fees

HTX also charges for specific services:

Margin trading fees: Applied based on the borrowed amount and duration.
Leveraged ETP trading fees: These include management fees of around 0.10% charged daily.
OTC trading fees for large transactions: Typically around 0.1% per trade.

Hidden Fees and Transparency

HTX is known for its transparent fee structure, with no hidden charges. This transparency allows traders to plan their strategies without worrying about unexpected costs. The platform’s commitment to clear communication about fees is a significant advantage, enhancing user trust and satisfaction.

Conclusion

HTX offers a competitive and transparent fee structure designed to accommodate traders of all levels. The availability of discounts through HT holdings and the clear breakdown of deposit and withdrawal fees contribute to its appeal. While some specific markets might have higher fees, the overall structure is user-friendly and straightforward, making HTX a reliable choice for cryptocurrency trading.

Product selection

HTX, previously known as Huobi, offers a comprehensive range of services and products that cater to various trading needs. The platform supports over 700 cryptocurrencies, making it one of the most extensive exchanges available. Key offerings include: Spot Trading: HTX provides a wide array of spot trading pairs, ensuring liquidity and variety for traders. Margin Trading: Users can access leverage up to 125x for certain assets, allowing for potentially higher returns, although it comes with increased risk. Futures and Perpetual Contracts: HTX offers traditional futures, perpetual swaps, coin-margined futures, and USDT-margined futures, with leverage up to 200x on certain products . Leveraged Exchange-Traded Products (ETPs): These products offer built-in leverage, allowing traders to gain exposure to the price movements of underlying cryptocurrencies without the complexities of traditional margin trading . Staking: HTX supports staking for various cryptocurrencies, offering competitive annual percentage yields (APYs), which range from 3.3% to 20% depending on the asset . HTX Token (HT): The native token provides benefits like reduced trading fees, staking rewards, and participation in platform governance . Mobile and Desktop Apps: The platform is accessible via robust mobile applications for iOS and Android, and a functional desktop application, ensuring users can trade on the go . Customer Support: HTX offers multiple support channels including live chat, email, and a comprehensive knowledge base . These features and services make HTX a versatile platform suitable for both novice and experienced traders .

Pros

Wide Selection of Cryptocurrencies HTX supports trading for over 700 different cryptocurrencies, making it one of the most comprehensive exchanges available.
Robust Security Measures The platform employs multiple layers of protection, including two-factor authentication (2FA), cold storage for the majority of user funds, and SSL encryption for data transmission.
Advanced Trading Features HTX offers a variety of advanced trading options, including margin trading, futures contracts, and leveraged exchange-traded products (ETPs).

Cons

Read more about product selection in Htx

HTX Exchange Services and Products

HTX, formerly known as Huobi, offers an extensive range of services and products designed to meet the diverse needs of cryptocurrency traders. Here is a detailed overview of the primary services and products available on the platform:

Spot Trading

HTX supports a wide array of cryptocurrencies, with over 700 different coins available for trading. This includes major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), as well as numerous altcoins and emerging projects. The spot trading platform is designed to be user-friendly, making it easy for both beginners and experienced traders to buy and sell digital assets .

Margin Trading

HTX offers margin trading, allowing users to leverage their positions to potentially amplify their profits. The platform supports up to 125x leverage for selected cryptocurrency pairs. Margin trading on HTX includes both cross and isolated margin modes, real-time monitoring of margin levels, and customizable risk management tools like stop-loss and take-profit orders .

Futures and Perpetual Contracts

HTX provides an extensive range of derivatives trading options, including traditional futures, perpetual swaps, coin-margined futures, and USDT-margined futures. Traders can access up to 200x leverage on certain derivatives products, making it a versatile platform for more sophisticated trading strategies .

Leveraged Exchange-Traded Products (ETPs)

Leveraged ETPs on HTX offer traders amplified exposure to the price movements of underlying cryptocurrencies. These products provide both long and short positions and come with customizable leverage levels. Leveraged ETPs trade on the spot market and are less risky and complex compared to traditional margin trading, as they do not have liquidation risks .

Staking

HTX supports staking for various cryptocurrencies, offering attractive annual percentage yields (APYs). Users can stake assets like SCRT, NEAR, BTT, AVAX, and more, with APYs ranging from 3.3% to 20%. Staking allows users to earn passive income while contributing to the security and liquidity of the network .

HTX Token (HT)

The HTX Token (HT) serves multiple purposes within the HTX ecosystem. Holding HT tokens can provide users with discounted trading fees, voting rights on platform decisions, and staking rewards. The token also plays a crucial role in the governance and future development of the HTX platform .

Mobile and Desktop Apps

HTX offers robust mobile applications for iOS and Android, which are highly rated for their functionality and user experience. The mobile app allows users to trade, monitor the markets, and access various features on the go. Additionally, HTX provides a desktop application for those who prefer trading on a computer, ensuring a seamless trading experience across different devices .

Customer Support

HTX provides multiple support channels, including live chat, email, and a comprehensive help center with articles and tutorials. The platform emphasizes timely and responsive customer support to assist users with any issues they may encounter, enhancing the overall trading experience . These comprehensive services and products make HTX a versatile platform suitable for both novice and experienced traders, offering a range of tools and features to meet various trading needs.

Account opening

HTX Account Opening Process Opening an account on HTX is straightforward and user-friendly, making it accessible for both novice and experienced traders. Here’s a quick overview of the process: Create an Account: Visit the HTX website and click on “Register”. You’ll need to provide a valid email address, set a password, and input additional details like your phone number and name. Verify Your Account: After registration, you’ll receive an email to verify your account. Confirm your email to complete this step. Verification ensures compliance with HTX’s AML/KYC regulations, allowing higher transaction limits and access to all features. Deposit Funds: Once your account is verified, you can deposit funds using various methods including bank transfers, credit/debit cards, and cryptocurrencies. Start Trading: With funds in your account, you can begin trading cryptocurrencies on the HTX platform. Navigate to the trading interface, select your preferred trading pairs, and execute trades based on your strategy. This process is designed to be as seamless as possible, allowing new users to quickly set up and start trading without unnecessary delays.

Pros

Simple Registration Process: Signing up on HTX is straightforward, requiring basic information like email, phone number, and a password.
Fast Email Verification: Users can quickly verify their accounts through an email confirmation link.
Multiple Deposit Options: HTX supports various deposit methods, including bank transfers and credit/debit cards.

Cons

Detailed HTX Account Opening Process

How to Sign Up on HTX

Create an Account:
- Visit the HTX website.
- Click on the “Register” button.
- Enter your email, create a secure password, and provide your phone number and name.
- Agree to the Terms of Service and Privacy Policy.
- Click on “Create Account”.
Verify Your Account:
- Check your email for a verification link from HTX.
- Click on the link to confirm and verify your account.
- Upon verification, you will be able to access more features and higher transaction limits.
Complete KYC (Know Your Customer):
- For enhanced security and to increase deposit and withdrawal limits, complete the KYC process.
- Provide personal information such as your full name, address, and date of birth.
- Upload identification documents (passport, driver’s license, or national ID) for verification.
- Higher tiers of verification may require additional documents like proof of address and source of funds.
Deposit Funds:
- After verifying your account, deposit funds using various methods:
  - Cryptocurrency deposits (typically free).
  - Fiat currency deposits via bank transfer, credit/debit card, or third-party payment processors.
- Navigate to the “Deposit” section, choose your preferred method, and follow the instructions.
Start Trading:
- With funds in your account, you can begin trading.
- Navigate to the trading interface, select your preferred trading pairs, and execute trades.

How to Buy Your First Cryptocurrency:

Log In to Your HTX Account:
- Access your account with your email and password.
Deposit Fiat or Crypto:
- Ensure your account has funds. If not, deposit either fiat currency or cryptocurrency.
Navigate to the Trading Section:
- Go to “Spot Trading” from the main menu.
- Select the trading pair (e.g., BTC/USD).
Place an Order:
- Choose between a market order (buys at current market price) or a limit order (buys at a specified price).
- Enter the amount you wish to buy and confirm the order.

Account Types:

Standard Account:
- Suitable for most users, allowing basic trading functions and access to most platform features.
Verified Account:
- Requires completion of KYC.
- Provides higher deposit and withdrawal limits and access to more advanced trading features.

How to Use HTX:

Navigating the Dashboard:
- The dashboard provides an overview of your portfolio, recent transactions, and market trends.
- Use the menu to access different trading sections, such as spot trading, margin trading, and futures.
Executing Trades:
- Use the trading interface to select your desired cryptocurrency pair.
- Analyze market trends using built-in charting tools before placing buy or sell orders.
Managing Your Account:
- Access your account settings to manage security features like 2FA (Two-Factor Authentication) and withdrawal addresses.
- Review and adjust your account settings as needed to enhance security and usability.

Registration and KYC:

The registration process is designed to be simple and user-friendly.
Completing KYC is crucial for accessing higher limits and ensuring compliance with regulations.
KYC involves providing personal details and verification documents, ensuring a secure trading environment for all users.

By following these steps, you can efficiently set up and start trading on HTX, leveraging its wide range of features and robust security measures .

Security

HTX (formerly known as Huobi) is recognized for its robust security measures, making it a secure platform for cryptocurrency trading. The exchange employs multiple layers of protection to safeguard user funds and personal information. Most user assets are stored in offline cold wallets, significantly reducing the risk of hacking. Additionally, HTX enforces two-factor authentication (2FA) for all accounts, ensuring that even if a user’s password is compromised, an additional verification step is required for access. The platform also uses SSL encryption to secure data transmissions and conducts regular security audits and penetration testing to identify and rectify vulnerabilities. Furthermore, HTX’s commitment to security is evident in its history of maintaining a strong security track record with no major breaches that have resulted in significant user losses. Although HTX is not regulated in all regions, it has obtained licenses in certain jurisdictions, such as Japan, Thailand, and Gibraltar, enhancing its credibility. The exchange also provides advanced security features like whitelist withdrawal addresses, trading passwords, and an anti-phishing code to further protect users. Despite its strong security infrastructure, HTX’s regulatory status in some regions and the complexity of its security features for beginners could be areas for potential improvement. Overall, HTX stands out as a secure and reliable option for cryptocurrency traders, supported by comprehensive and well-implemented security practices.

Pros

Cons

Is HTX Legit?

HTX (formerly Huobi) is considered a legitimate and reputable cryptocurrency exchange. Despite not being regulated in many jurisdictions, it maintains a strong security track record and high user satisfaction. The exchange adheres to stringent security protocols and continuously updates its infrastructure to combat potential threats .

Regulation and Licensing

While HTX is not regulated in many jurisdictions, it has obtained licenses in specific regions to enhance its credibility. For example, HTX holds a Digital Asset Trading License from the Ministry of Finance of Thailand, a compliance license from the Japan Virtual Currency Exchange, and a digital trading license from the Gibraltar Financial Services Commission. Additionally, HTX Technology is regulated by the Securities and Futures Commission of Hong Kong and holds a trust or company service provider license in Hong Kong .

Is HTX Safe?

HTX employs multiple layers of security to protect user funds and personal information:

Cold Storage: The majority of user funds are stored in cold wallets, which are offline and thus less susceptible to hacking attempts.
Two-Factor Authentication (2FA): Users are required to enable 2FA to add an extra layer of security when accessing their accounts.
SSL Encryption: All communication between users and the HTX platform is encrypted using SSL technology, ensuring that sensitive data is transmitted securely.
Regular Security Audits: HTX conducts regular security audits and penetration testing to identify and address potential vulnerabilities in its systems.
Security Track Record: HTX has maintained a strong security track record with no major breaches resulting in significant user losses .

Conclusion

HTX is a secure cryptocurrency exchange that prioritizes the safety of its users’ funds and personal data through robust security measures. While it may lack regulatory approval in some regions, its strong security track record and comprehensive protective measures make it a reliable platform for cryptocurrency trading. Users are encouraged to utilize all available security features to further protect their accounts and investments .

Customer service

HTX offers a comprehensive customer support system to ensure users can resolve issues and inquiries efficiently. The platform provides multiple support channels, including live chat, email support, and a detailed knowledge base with frequently asked questions (FAQs). Here’s a summary of the customer service features and quality at HTX: Support Channels Live Chat: Users can access live chat support directly from the HTX platform, enabling real-time communication with support agents for immediate assistance. Email Support: For more complex issues, users can submit support tickets via email, which are handled by the HTX support team. Knowledge Base and FAQ: HTX maintains a comprehensive knowledge base and FAQ section that covers a wide range of topics, providing users with self-help resources to resolve common issues on their own. Quality and Responsiveness While HTX aims to provide timely and helpful support, user experiences have been mixed. Some users report satisfactory response times, with live chat typically connecting to an agent within five minutes and email responses arriving within 10 hours. However, there have been criticisms regarding the quality of support, with some users finding the agents less helpful and needing to rephrase questions multiple times to get clear answers. HTX’s commitment to customer service is evident through its various support channels, but there is room for improvement in the quality and consistency of the support provided. Users can expect a decent level of assistance but may need to be persistent with complex inquiries.

Pros

Cons

Customer Service at HTX

HTX provides a comprehensive customer support system designed to assist users with various inquiries and issues. This section covers the different aspects of HTX’s customer service, including support channels, reputation, user feedback, contact methods, response times, and other relevant details.

Customer Support

HTX offers several channels for customer support to ensure users can get assistance in a timely and efficient manner. The primary support channels include:

Live Chat: Accessible directly from the HTX platform, allowing users to get real-time assistance from support agents.
Email Support: Users can submit support tickets via email for more complex issues that require detailed responses.
Knowledge Base and FAQ: A comprehensive collection of articles and FAQs covering a wide range of topics, providing users with self-help resources to resolve common issues independently.

Reputation and Customer Feedback

HTX has received mixed feedback from its users regarding its customer service. Here are some common sentiments expressed by users:

Positive Feedback:
- Many users appreciate the availability of multiple support channels, especially the live chat feature, which provides immediate assistance.
- The detailed knowledge base and FAQs are often highlighted as useful resources for resolving common issues without needing to contact support.
Negative Feedback:
- Some users report inconsistent quality of support, noting that responses can vary in helpfulness and clarity.
- There are instances where users have had to rephrase their questions multiple times to get satisfactory answers.
- Response times, particularly for email support, have been criticized for being slower than expected, sometimes taking up to 10 hours.

Contact Methods

HTX offers several methods by which users can contact customer support:

Live Chat:
- Available on the HTX platform.
- Provides real-time assistance from support agents.
Email Support:
- Users can submit support tickets via the HTX website or directly through email.
- Suitable for more detailed or complex inquiries that may require extensive responses.
Knowledge Base and FAQ:
- Accessible through the HTX website.
- Contains articles, guides, and answers to frequently asked questions.

Response Times

The response times for HTX’s customer support can vary depending on the method of contact:

Live Chat:
- Typically connects users to an agent within five minutes.
- Offers immediate assistance and quicker resolution of issues.
Email Support:
- Response times can be slower, with users reporting replies within 10 hours on average.
- Suitable for more detailed inquiries that do not require immediate resolution.

Additional Information

User Experience: The overall user experience with HTX’s customer service is somewhat mixed. While the availability of multiple support channels is a significant advantage, the variability in response quality and times can be frustrating for users.
Improvement Areas: To enhance customer satisfaction, HTX could focus on improving the consistency and clarity of its support responses and reducing email response times.
Recommendation: Users are encouraged to use the live chat feature for urgent issues and refer to the knowledge base and FAQs for common problems to minimize wait times and ensure quicker resolutions.

HTX aims to provide comprehensive support to its users, but there is room for improvement in terms of response quality and timeliness. By addressing these areas, HTX can further enhance its reputation and user satisfaction.

Is htx Right for You?

You Value Security and Reliability: HTX prioritizes the safety of its users’ funds and personal information with robust security measures, including cold storage for the majority of user funds, two-factor authentication (2FA), SSL encryption, and regular security audits. If security is a top concern for you, HTX’s strong track record and comprehensive security protocols make it a reliable choice for cryptocurrency trading.
You Need a Wide Range of Trading Options: HTX offers an extensive selection of cryptocurrencies, along with various trading products such as spot trading, futures contracts, perpetual swaps, and options. The platform supports advanced trading features like leverage and margin trading, making it suitable for both novice and experienced traders looking for diverse trading opportunities.
You Require Comprehensive Customer Support: HTX provides multiple customer support channels, including live chat, email support, and a detailed knowledge base. While there have been mixed reviews regarding the quality and response times, the availability of 24/7 support and real-time assistance via live chat ensures that help is accessible when needed. If having multiple ways to get support is important to you, HTX’s customer service options can be beneficial.

Htx compared to other crypto exchanges

Threenvest score

4,4

Fees

≤0,20%

US Legal

Security

High 4,9/5

Investing risks losing your money

Threenvest score

4,9

Fees

0,08%

US Legal

Yes

Security

High 4,9/5

Investing risks losing your money

bingx

Threenvest score

4,7

Fees

US Legal

Yes

Security

High 4,9/5

Investing risks losing your money

Available cryptocurrencies and countries available

Available Cryptocurrencies and Countries on HTX

HTX offers a vast selection of over 400 cryptocurrencies for trading, providing users with access to a diverse range of digital assets. Key cryptocurrencies available on the platform include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and numerous altcoins and emerging projects. However, some lesser-known or newly launched cryptocurrencies might not be listed immediately, depending on market demand and regulatory considerations. In terms of geographical availability, HTX serves users from many countries around the world. Major regions where HTX is accessible include Europe, Asia, Africa, and South America. However, there are significant exceptions:

Unavailable Cryptocurrencies: While HTX offers a comprehensive list, some niche or highly speculative cryptocurrencies may not be available due to regulatory or risk concerns.
Restricted Countries: HTX does not provide services to users in the United States, Canada, Japan, and certain other regions due to regulatory restrictions. Additionally, users from countries with strict cryptocurrency regulations or sanctions may also be unable to open an account.

HTX’s wide range of supported cryptocurrencies and broad geographical reach make it a versatile platform, although users from restricted countries will need to look for alternative exchanges.

Main cryptocurrencies available

Bitcoin (BTC)
Ethereum (ETH)
Ripple (XRP)
Litecoin (LTC)
Cardano (ADA)
Polkadot (DOT)
Chainlink (LINK)
Binance Coin (BNB)
Solana (SOL)
Dogecoin (DOGE)
Avalanche (AVAX)
Uniswap (UNI)
Stellar (XLM)
VeChain (VET)
Theta (THETA)
TRON (TRX)
EOS (EOS)
Tezos (XTZ)
Monero (XMR)
Cosmos (ATOM)

Main countries where you can open an account

United Kingdom
Germany
France
Italy
Spain
Australia
South Korea
Japan
India
Brazil
Russia
Turkey
South Africa
Nigeria
Singapore
Netherlands
Canada
Mexico
Argentina
United Arab Emirates

FAQs

1. What is HTX and what services does it offer?

HTX, formerly known as Huobi, is a global cryptocurrency exchange that provides a wide range of services, including spot trading, futures trading, margin trading, and staking. It supports over 668 cryptocurrencies and offers advanced trading tools and features for both novice and experienced traders.

2. How do I open an account on HTX?

To open an account on HTX, visit the HTX website and click on the “Sign Up” button. You will need to provide your email address or mobile number, create a password, and complete the verification process. Ensure you have the necessary identification documents for the Know Your Customer (KYC) procedure.

3. Is HTX available in my country?

HTX is available in many countries worldwide, including the United Kingdom, Germany, Australia, South Korea, and Brazil. However, it is not available in certain regions such as the United States, Canada, Japan, and Singapore due to regulatory restrictions. Check the HTX website for a complete list of supported countries.

4. What are the security measures implemented by HTX?

HTX employs multiple security measures to protect user funds and data, including cold storage for the majority of assets, two-factor authentication (2FA), SSL encryption, and regular security audits. These measures help ensure a secure trading environment for all users.

5. What fees does HTX charge for trading and withdrawals?

HTX has a competitive fee structure. Trading fees typically range from 0.1% to 0.2% per transaction, depending on your trading volume and whether you are a maker or taker. Withdrawal fees vary by cryptocurrency, with specific fees listed on the HTX website.

6. How can I contact HTX customer support?

HTX offers several customer support channels, including live chat, email support, and a detailed knowledge base with FAQs. Live chat is available 24/7 for real-time assistance, while email support is suitable for more complex inquiries.

7. Does HTX support fiat currency deposits and withdrawals?

Yes, HTX supports fiat currency deposits and withdrawals for several currencies, including USD, EUR, GBP, and others. Payment methods include bank transfers, credit/debit cards, and third-party payment processors. Specific options and fees depend on your location and the currency used.

Final opinion on Htx

AvaTrade stands out as a reputable and well-regulated broker, offering a secure platform for trading a variety of cryptocurrencies. With regulatory oversight from authorities such as the Central Bank of Ireland and ASIC in Australia, traders can feel confident in the safety of their investments. The platform provides access to 13 major cryptocurrencies, including Bitcoin and Ethereum, as well as the innovative Crypto10 index. AvaTrade’s user-friendly interface and robust customer support, available 24/5 via multiple channels, enhance the overall trading experience. Additionally, the availability of a free demo account makes it an excellent choice for beginners looking to practice trading without financial risk.

However, AvaTrade does have some limitations compared to other exchanges. The platform is not available to residents of several major countries, including the United States and Canada, which restricts access for many potential traders. Furthermore, the range of supported cryptocurrencies, while including key assets, is smaller than that of some competitors offering a broader selection. Inactivity fees and the absence of 24/7 customer support are other areas where AvaTrade could improve. Overall, for those within its supported regions, AvaTrade presents a solid and reliable option for cryptocurrency trading, especially for those who value regulatory security and a straightforward trading environment. At Threenvest, we find AvaTrade to be a commendable choice for both new and experienced traders, despite these few shortcomings.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Do not invest unless you are fully prepared to lose the entire amount of your investment. This is a high-risk activity, and you should not rely on any guarantees of protection if something goes wrong.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.

Investing risks losing your money