HTX Review 2024: Features, Regulation, Pros and

Cons
HTX stands out from the cryptocurrency exchange market for using its native token as trading
fees payment while offering high liquidity trading pairs.

Want to pick the right crypto exchange out of the over 400 options available? Or are you an
enthusiast just exploring crypto exchanges with incredible features? In this HTX review, we’ll
keep everything simple and straightforward so you don’t miss any information. We’ll look into
what HTX offers, including its features, how to buy assets like Bitcoin (BTC), the advantages,
cons, and final verdict.

HTX review at a glance

● Best For: Spot and Derivatives Trading
● Supported Coins: 700+ spot cryptocurrencies
● Trading Fees: 0.2% maker/taker fees
● Maximum Leverages: 200x on derivatives and con-margined futures
● Security: 2FA Authentication, SSL encryption, Cold Storage, Proof of Reserves
● Fiat Currencies: USD, EUR, GBP, KZT, UAH, RUB
 ● Deposit and Withdrawal Methods: Credit/Debit card, Crypto, Bank Transfer, Banxa,
AdvCash, Apple Pay, SEPA/Sofort, Interac, Faster Payments, iDEAL, Poli/PayID/BPAY
HTX is among the ten leading crypto trading exchanges worldwide. According to
CoinMarketCap, it’s #9 ranking by trading volume. It serves over 47 million traders across 170
countries, with an overall trading volume, reaching $3.8 billion daily.
Founded in 2013, it’s becoming a full-fledged ecosystem, ideal for spot and derivatives trading
pairs. Currently, there are more than 700 crypto assets, offering futures, spot, and derivative
markets with up to 200x leverage.
Apart from trading, HTX has ushered in some cool financial services like staking, dual
investment, and HTX Earn. Also, it has switched to Proof of Reserves mechanism, which means
it has enough assets to cover all user deposits. This ensures that assets of its users are 100%
protected.
Moreover, they support copy trading, NFT trading, and top-tier financial services like crypto
loans, OTC loans, etc. Additional features include on-chain staking, liquid restaking, HTX token,
and reward hubs, providing you with different income streams besides trading.
Plus, its native crypto, Houbi Token (HT), is usable for trading fees payment at discount rates,
making the platform a go-to choice for new and veteran traders.

Pros
● Provides all-inclusive trading services including futures, spots, and derivatives trading
● Supports over 700 digital assets
● Accessible across 170 countries in the world
● Spot trading attracts 0.1% maker fee and 0.2% taker fee
● User assets are 100% backed by the Proof of Reserves mechanism
● Supports dual investment, crypto loans, OTC loans, NFT trading, staking, on-chain
staking and copy trading
● Provides multiple passive income options for users with holding their cryptos
● Offers educational materials to new and existing users via the HTX Academy hub
● Operates a “Zero Trust” security model which limits access to critical information

Cons
● Provides no demo account
● Users in the UK and the US cannot use the exchange
● Withdrawal fees are pricey
HTX Overview
Key Point Details

Our Rating 4/5

Founded 2013

Founders Leon Li and Du Jun

Headquarters Seychelles

Type Cryptocurrency Exchange

Services Staking, copy trading, spot and derivatives

trading, options trading, on-chain staking,
crypto loans, OTC loans

Supported Cryptocurrencies Bitcoin, Ethereum, Tron, 700+

Trading Pairs 700 pairs

Native Token HT (Huobi Token)

KYC Requirement Yes (for bulk trading activities and

withdrawal requirements)

Security Features 2FA Authentication, SSL encryption, Cold

Storage, Proof of Reserves

Mobile App Available (Android and iOS)

Fiat Support USD, EUR, GBP, UAH, RUB, KZT

Customer Support Chatbot and 24/7 email support

Regulatory Compliance Yes (In good standing with local laws)

 Educational Resources HTX Learn and Futures Academy

Restricted Countries The United States and the United Kingdom

Key features of HTX Exchange explained

HTX copy trading
HTX Copy Trading gives you the opportunity to “copy” the “trades” of experienced traders
“Copied Traders” automatically. This means, you can reap from trading without actually trading.
How does it work?
To begin, you select a skilled trader whose strategies you want to follow based on their
performance history, risk tolerance, and trading style.
After choosing a trader, you allocate a specific amount of funds to be used for copy trading. This
amount will be used to automatically copy the trader's trades, proportionally.
When the trader places a trade, your account automatically places a similar trade, proportional to
your allocated funds. This means your trades will mirror the trader's trades, but on a smaller
scale.
Parameters like leverage, margin, size, take profit and stop loss will also match those of the
Copied Trader.
Furthermore, your profits and losses will directly correlate with the trader's performance. If the
trader makes a profit, you'll also make a profit. Similarly, if the trader incurs losses, you'll also
experience losses.
Moreover, HTX allows you to keep an eye on the performance of the traders you're following
and adjust your strategy as needed. This way, you can control how trades are placed, set take-
profit and stop-loss ratios.
On the other hand, HTX opens a unique opportunity to experienced traders to share their
expertise while making extra income. You can apply to become a “Copied trader” on the
exchange and share at least 10% of the gains made from your followers

HTX margin trading

HTX gives traders leveraged trading up to 5x for spot markets on over 80 tokens. This is one of
its major attractions.
 Spot market | Source: HTX Website
You can identify these tokens by a number in a blue box with an 'x' next to the token.

HTX Spot and Margin Trading Modes | Source: HTX Website

On the trading screen, you can switch between “Spot” and “Margin” sections to move between
leveraged and non-leveraged tokens. Additionally, HTX offers leveraged tokens similar to those
on Bybit, Binance, and KuCoin, which they call Exchange Traded Products (ETPs).
It is a trading strategy that allows you to use borrowed funds to increase your potential returns.
Essentially, it's like using leverage to control a larger position than your initial investment would
normally allow.
So first, you deposit a portion of the total value of the trade as collateral. This is known as the
margin. Next, the broker lends you the remaining amount needed to execute the trade.
If the trade is successful, your profits grow due to the leveraged position. However, losses grow
that same way. And if the market moves against you, you could lose more than your initial
investment.
In Margin trading, there are two terms to keep in mind. They are Margin Call and Liquidation.
If the value of your position declines below a certain level, you may receive a margin call,
requiring you to deposit additional funds to maintain the position.
If you fail to meet a margin call, your position may be liquidated to cover the losses.

HTX futures trading

HTX comes with two futures trading options for traders which are USDT-M Futures and Coin-M
Futures. USDT-M stands for USDT-Margined while Coin-M represents Coin-Margined.

HTX Futures List | Source: HTX Website

So, USDT-M Futures used Tether (USDT) as collateral, allowing you to trade various
cryptocurrencies without directly holding them. This option is less risky as it involves a
stablecoin, reducing exposure to price fluctuations of the underlying asset.
On the other hand, Coin-Margined Futures require you to use the specific cryptocurrency you're
trading as collateral. This can potentially lead to higher leverage and returns. Yet it exposes you
to greater risk due to the volatility of the underlying asset.

Staking
HTX offers a variety of staking services to help you earn rewards on your crypto holdings.
There are two major types:
● On-chain staking: You directly stake your assets on the blockchain network. As a result,
you potentially earn higher rewards but also face technical issues.
● Liquid restaking: By staking your assets, you receive liquid tokens that can be traded or
used as collateral. This provides greater flexibility while still earning staking rewards.
Notwithstanding, HTX provides a user-friendly platform for its staking services, handling node
operations and security measures. This reduces the technical burden and ensures optimal
rewards.

Deposit and withdrawal fees

HTX deposit and withdrawal fees depend on the type of currency used in the transaction.
Most cryptocurrency deposits incur zero fees. However, withdrawals have fees that vary by
asset.
For fiat deposits, bank transfers are 100% free, however when depositing from debit or credit
cards, a fee of nearly 4% is incurred. This depends on the region.
On the other hand, fiat withdrawals typically incurs no charges for bank transfers. Again, some
regions may have different fees.

HTX fees and limits

Crypto exchanges bill traders based on their influence on the market’s liquidity. Some traders
add liquidity while some remove.
The ones adding liquidity are called ‘makers’ because they place orders on the order book. As a
result, they get lower fees.
On the other hand, liquidity-removing traders are called ‘takers’ because they fulfil existing
orders. Thus, they get slightly higher fees.
Moreover, these fee rates depend on what you trade. For HTX,
 ● Spot Trading: For trades less than $50,000 within 30 days, maker fees and taker fees
begin at 0.1% and 0.2% respectively. These fees reduce as your trading volume increases.
Users trading over $15 million enjoy a 0% maker fee and 0.04% taker fee.
● Derivatives Trading: For trades below $1 million per month, maker fees start at 0.02%
and taker fees at 0.04%. Once the trading volume exceeds $50M monthly, taker fee drops
to 0.025%
Interestingly, traders who hold a tangible amount of HTX token (HT) get even more subtraction
on their fees, almost reaching 0% for makers and takers too.

Spot Fee Rate and Prime Levels | Source: HTX Website

HTX payment methods

HTX offers several easy ways to buy cryptocurrency using regular money. Here’s a quick guide
to the payment options available:

1. Credit/Debit Cards: You can use cards like VISA or MasterCard for a quick and simple
purchase. Just note that your card provider might charge some extra fees.
2. Crypto: If you already own some cryptocurrency, you can use it to make purchases
directly on the platform.
3. Bank Transfer: Transfer money from your bank account to buy crypto. Options like
SEPA, Sofort, and Faster Payments make the process smooth and secure.
4. Third-Party Providers: HTX works with services like Banxa and AdvCash. These
companies handle the transaction, and while HTX doesn’t charge a fee for using them,
the provider might. Always check their fees before proceeding.
5. Apple Pay: For Apple users, this is a convenient way to buy crypto with just a few taps.

6. Regional Options: Payment systems like iDEAL, Poli, PayID, BPAY, and Interac are
available for users in supported areas, making it easier to buy crypto in your local
currency.

With these methods, you can choose what works best for you. It could be paying with a card,
through your bank, or using a service like Apple Pay or Banxa. Remember to double-check any
fees from your payment provider before completing your purchase.

Security measures: is HTX safe to use?

HTX takes security seriously to protect your account and funds. It uses two-factor authentication
(2FA) for an extra layer of safety. Once enabled, you must verify that you own the account you
want to log in to by completing the quest at the checkpoint.

HTX also uses SSL encryption to secure your data during transactions. Any information you
give out or receive from the app or website is scrambled into codes. Only the appropriate or
intended recipient can decode it. This keeps your financial and personal data safe.

Again, the platform provides users with cold storage. This allows them to store their crypto
assets in a wallet that does not connect to the internet. This way, your crypto wallet is offline and
safe from hackers.

On top of that, it uses multi-signature technology for withdrawals, so no single person can access
the funds without multiple approvals.

Moreover, it has a Proof of Reserves system, which proves that all user funds are backed 1:1,
giving you peace of mind that your assets are secure.

HTX regulations
HTX is licensed and registered in several regions, showing its commitment to following local
rules:

● Australia: Registered with AUSTRAC as a Digital Currency Exchange Provider.

● British Virgin Islands (BVI): Licensed under the SIBA Investment Business License for
custody and operating an investment exchange.
● Dubai: Holds an Initial Approval for a Full Market Product (FMP) License from VARA.
● Lithuania: Registered as a Deposit Virtual Currency Wallet Operator and Virtual
Currency Exchange Operator.

● South America: Licensed for payment and remittance services.

Additionally, HTX complies with international standards like ISO 27001 and SOC 2. At the
same time, it implements strict Know Your Customer (KYC) and Anti-Money Laundering
(AML) measures to protect users and prevent fraud.

HTX KYC requirements

HTX allows users to trade without completing full identity verification (KYC) for basic use. This
means:

● You can deposit up to $1,000 without verifying your identity.

● Withdrawals are limited to 0.006 BTC per day if you stay unverified.

However, if you want to deposit more than $1,000, you’ll need to verify your account. The
deposit limits depend on how much verification you complete.

Below is a simple table that shows the limits for each verification level.

Currency Verification Tier Daily Limit

GBP T2 1,000 GBP

T3 3,000 GBP

T4 30,000 GBP

EUR T2 1,000 EUR

T3 3,000 EUR
 T4 30,000 EUR

BRL T2, T3, T4 500,000 BRL

RUB T2 - T4 1,800,000 RUB

UAH T2 - T4 660,000 UAH

KZT T2 - T4 11,000,000 KZT

TRY T2 - T4 600,000 TRY

VND T2 - T4 120,000,000 VND

This setup lets you trade with some flexibility, but if you need higher limits, it’s easy to upgrade
your account with verification.

Here’s what you need for each verification level:

● Tier 1 (Unverified): Just your email address.

● Tier 2: Your personal details and a valid ID to confirm your identity.
● Tier 3: Share why you’re trading, whether you’re trading for yourself or someone else,
your estimated daily and monthly trading amounts, where your funds come from, your
monthly income, and your job status.

● Tier 4: Upload proof of your address and documents showing where your funds come
from.

Each step helps ensure your account stays secure and complies with the platform’s rules.

HTX customer support and reviews

HTX makes it easy to reach their customer support team. Here are the ways you can get help:
● Live Chat: Click the “Chatbot” button at the bottom right of the website to start. Ask a
question, and you’ll see related articles. If the articles don’t help, click “Unsolved,” and
you’ll be connected to a live agent within five minutes.
● Email Support: If you prefer to send an email, contact HTX’s support team
htxsupport@htx-inc.com. Be sure to clearly explain your issue so they can help you
faster.
 ● Announcements and Help Center: You can find answers to common questions in HTX’s
announcement section. Search for articles or browse by topic to find what you need.
HTX gives you multiple options to get support, whether you want to chat, email, or look through
helpful articles.

Some people say HTX has good customer support. They feel the team responds quickly, helps
with problems, and guides users. This can be comforting for beginners who might have questions
or run into issues.

However, not everyone agrees. Some users feel the support doesn’t really solve their problems or
answer their questions. A few have even reported missing or frozen crypto assets.

On Trustpilot, HTX has a low rating of 1.8 out of 5. But it’s possible that many of these reviews
aren’t genuine, as similar complaints have been seen with platforms like KuCoin, Binance, and
Bybit.

HTX alternatives to consider: Comparison

Coinbase and Binance are the most appropriate alternatives to HTX. Check out this brief
comparison to understand better

Coinbase (Best for retail traders)

● Top Features: Security keys, private insurance on digital assets, SQL injection filters
● Supported Coins: BTC, ETH, MATIC, DAI, XLM, DOGE, ALGO, UNI, SOL, SUSHI,
SHIB, LTC, USDC, DOT, ADA
● Trading Fees: 1%
● Deposit Methods: Bank Wire, Google Pay, Apple Pay, Debit Card, Bank Account,
● Minimum Deposit: $2

Binance (Best for diversifying trading portfolio)

● Top Features: Two factor authentication, FDIC insurance on dollar deposits, advanced
charting thanks to TradingView charts.
● Supported Coins: 500+ cryptocurrencies
● Trading Fees: 0.0012% to 5.0%
● Deposit Methods: Crypto transfers, ACH, credit or debit card
● Minimum Deposit: $10

How to get started on HTX

1. Sign up
 Screenshot of HTX sign up page
Visit HTX’s official website. Enter your email address or phone number to get started.
Alternatively, you can choose to register with your Google Account, Apple ID, or Telegram
account.
Next, enter a verification code that will be sent to your email or phone number to bind your HTX
account. After that, you will input a password that you’ll use for your login next time
2. Verify your identity

Screenshot of HTX verification page

After providing your email address and creating a strong password, you'll need to complete the
verification process by providing a valid government-issued ID and a selfie.
 Screenshot of HTX verification levels and daily limit
There are four levels of verification and they unlock one after the other. Each level also comes
with a daily transaction limit.
3. Deposit funds
Once you’ve verified your identity, you can proceed with funding your HTX account. Navigate
to “Spot” page on the “Finance” menu
 Screenshot of HTX deposit, withdraw, and transfer page
This page allows you to deposit, withdraw and even transfer your assets from one wallet to
another.
4. Start trading
Successfully funded? You’re good to go. You can trade virtual assets on Spot, use leverage to
boost your profits on Margin trades, or use Trading bots to make the most of your strategies.

Final verdict on HTX Exchange review

To wrap up our review of HTX, it’s a cryptocurrency exchange that lets you trade over 700
digital assets. You can choose from different trading options, like spot trading, futures, and
derivatives.

HTX prioritizes safety with strong security features and follows regulations to protect users. It
also uses Proof of Reserves to ensure that all funds are fully backed.

Besides trading, HTX offers other ways to earn, like staking your crypto, joining liquidity
mining, and exploring other financial products. It’s a reliable platform for both new and
experienced traders looking to make the most of their crypto.

FAQs
Is HTX safe?
HTX uses advanced safety features like multi-factor authentication, cold storage, and zero-trust
model to protect its users from hackers. While no platform is completely risk-free, HTX’s PoR
system can guarantee that users' assets are secure.
How does HTX compare to Binance?
HTX and Binance are all popular crypto exchanges, but they have different features. HTX is
praised for its simple design and low fees, making it beginner-friendly. Conversely, Binance
offers a wide range of coins and trading tools. The best choice depends on your goals and trading
experience.
Does HTX have a mobile app?
HTX has a mobile app available for both iOS and Android devices. The app allows you to trade,
deposit, withdraw, and check your portfolio on the go, offering the same features as the desktop
platform.
Can I use HTX to buy and sell NFTs?
The platform supports a variety of NFT projects and aims to make trading easy for both
beginners and experienced users. As such, you can buy, sell, and trade digital collectibles on its
NFT Marketplace.