Begin your crypto journey with HTX crypto exchange!
- Large selection of cryptocurrencies
- Low trading fees
- Multiple payment methods available
- Strong security measures in place
- User-friendly platform
- Mobile app available
- Withdrawal fees can be high
- Limited fiat currencies supported
HTX (Huobi Global) is a cryptocurrency exchange founded in 2013 in China. It has since expanded globally and is now one of the world’s largest and most popular exchanges. HTX offers a wide range of digital assets, competitive fees, and multiple payment methods, making it an attractive option for both beginner and experienced traders.
If you are considering using HTX to trade cryptocurrencies, this HTX review is for you. Here, we thoroughly review HTX and help you understand its features to decide whether it suits your investment needs. Some of the elements we look into include licenses and regulations, fees, trading resources, crypto assets available, etc.
HTX Overview
HTX is a global cryptocurrency exchange with a strong focus on security and user experience. It offers a wide range of cryptocurrencies, including popular options like Bitcoin, Ethereum, and Ripple. HTX also has a large selection of trading pairs, making it an attractive option for traders looking for more options.
HTX offers competitive trading fees compared to other exchanges, with a 0.2% maker fee and a 0.2% taker fee. Payment methods include credit/debit cards, bank transfers, and crypto. HTX also offers a digital wallet, which is a secure way to store your digital assets. On top of that, HTX has a mobile app that allows users to access the platform on the go.
Compare HTX with Other Exchanges:
Cryptocurrencies Available
HTX offers over 700 cryptocurrencies, which you get to choose from and buy, hold, or sell. You can also trade the featured crypto assets as futures contracts if you don’t want to take full ownership. Overall, we cannot list all cryptocurrencies at HTX here, so consider confirming the availability of your preferred token from the exchange’s website. However, here are the most popular ones you will find at HTX.
- Bitcoin (BTC)
- Ethereum (ETH)
- Huobi Token (HT)
- Ripple (XRP)
- EOS (EOS)
- Tether (USDT)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Cardano (ADA)
Fees
HTX charges a 0.2% maker and taker fees for all trades. If you hold HTX tokens (HT), you will receive a discount on trading charges, which decreases the more tokens you hold in your crypto wallet. If you are a professional crypto trader, HTX maker fees start at 0.0362% and the taker fees at 0.0462%.
Note that getting started at HTX is a pretty straightforward procedure that is free of charge. The minimum deposit requirement for this exchange is USDT 100 for USDT transactions and 0.001BTC for BTC transactions. Although making deposits is free, withdrawal charges apply on your cryptos. The fee will range between £1 to £28, depending on the chain you are using.
Overall, HTX exchange’s fees are relatively low compared to what its peers charge. It is transparent with all its charges, allowing you to easily budget before trading.
Payment Methods
HTX exchange supports a variety of payment methods you can use to make deposits and withdrawals. As a UK trader, you must transact with a convenient one for maximum experience. Take a look below at some of the payment methods at the HTX exchange. You can also refer to the website for more options suitable for you.
- Bank transfer (wire transfer)
- Credit/debit card
- Cryptocurrency deposit (e.g. Bitcoin, Ethereum, USDT)
- Third-party/e-wallets (e.g. Paypal, Alipay, WeChat Pay)
HTX exchange also supports a variety of fiat currencies for transactions and making crypto purchases. These include the USD, EUR, GBP, JPY, and more.
Security
HTX places a strong emphasis on security and implements measures such as two-factor authentication and SSL encryption to protect user accounts. Moreover, the exchange stores most of its users’ digital assets in cold storage, an offline storage solution that is not connected to the internet. This reduces the risk of hacking and cyber attacks, as the assets are not accessible through the internet.
We were also impressed by HTX’s multi-signature technology on its cold storage. This technology requires multiple signatures from different users before any funds can be withdrawn from cold storage. As a result, you are assured that no single person has control over the assets stored in cold storage.
Overall, HTX is safe and adheres to the stringent regulations of the Financial Conduct Authority (FCA) and other global authorities. It also conducts regular security audits to ensure its systems are secure and up-to-date with the latest security measures. These audits are performed by independent security experts who test the platform for vulnerabilities and recommend any necessary improvements.
Customer Support
HTX offers 24/7 customer support through email. The platform also has a comprehensive knowledge base and FAQ section to assist users. Sadly, HTX’s support service is not available via live chat and phone, and many users on Trustpilot claim that its response rate is low.
Education
HTX provides educational resources, including market analysis and trading guides, to help users stay informed and make informed trading decisions. As a beginner, taking advantage of these comprehensive resources will help you quickly improve your skills to become independent. Unfortunately, there is no demo account on the exchange.
How to Open a HTX Account*
When engaging with cryptocurrencies, it’s crucial to recognise that these digital assets are characterised by their extreme volatility and speculative nature. This can result in swift and substantial price fluctuations. To safeguard your crypto holdings, it is imperative to utilise reputable wallets and exchanges, prioritising the security of your investments.
Also, exercise vigilance and due diligence to guard against crypto-related scams and fraudulent schemes that can potentially threaten your financial well-being. You can also spread your investments across multiple digital tokens and avoid making decisions based on emotions.
Opening a trading or investment account with HTX exchange is easy. Before considering HTX for investments, ensure you have read its terms and conditions and that its features align with your requirements. If you are always on the move, download the exchange’s app from Google Play or the App Store to manage your activities on the go.
Below, we take you through the proper procedures for opening an account at HTX to ensure you complete your account registration fast and start trading/investing.
- Visit HTX’s official website by clicking on the links provided on this page to begin the account registration procedure.
- Click the “Sign Up” button at the upper right-hand corner of the exchange page. Then, choose whether to sign up using your email or phone and provide your personal details as required.
- Once you click the “Continue” button, an email verification code will be sent for the anti-bot verification procedure.
- Enter the one-time password/code to complete the registration process.
- Now that your account is fully activated, proceed to make a deposit, after which you will be redirected to the list of supported assets to trade or purchase.
If you are a beginner, start with small amounts of money and keep adding to your capital once you become more familiar with trading or investment assets. Remember, the cryptocurrency space is highly volatile, so you should spend money you are comfortable losing.
*Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
Editor’s Note
HTX is a reputable and user-friendly exchange that offers a wide range of digital assets and competitive fees. Its strong focus on security makes it an attractive option for both beginner and experienced traders. We were also impressed by HTX’s learning and research resource availability. This means that you not only have a variety of assets to trade but are also guaranteed a worthwhile experience.
Although this exchange has an excellent reputation, it falls short in certain categories. For instance, its support service is not highly rated by users on Google Play, the App Store, and Trustpilot. Withdrawal fees can also be high, and limited fiat currencies are supported for transactions. Overall, we recommend this exchange to professional traders since its platform can be challenging for newbies to navigate.
FAQs
Absolutely. HTX is considered a trusted and reputable cryptocurrency exchange in the industry. Since its establishment in 2013, the exchange has built a solid reputation for providing secure and reliable services to its users. Plus, the exchange implements strict security measures such as two-factor authentication and multi-signature wallets to ensure the safety of its users’ assets.
HTX is located in Seychelles and has expanded its operations globally, with offices in countries such as the United States, Japan, South Korea, and Australia. HTX aims to make cryptocurrency accessible to users worldwide by providing a secure and user-friendly platform for buying, selling, and trading digital assets. With its global presence, HTX has become one of the world’s largest and most popular cryptocurrency exchanges, serving millions of users in over 130 countries.
No. We can’t specify whether HTX is better than Binance. Your choice will depend on individual preferences and needs. Both HTX and Binance are reputable exchanges with a large selection of digital assets and competitive fees.
Withdrawing funds from your HTX account is a straightforward process. Here’s how to do it.
- Log in to your HTX account and go to the withdrawal section.
- Click on the balance tab and select the currency you wish to withdraw.
- Provide the wallet address where you want to receive your funds. Ensure you enter the correct address, as any mistakes can result in the loss of your funds.
- Double-check the information you have entered and confirm the withdrawal. You may need to enter a one-time password or verify your account through email or SMS to complete the withdrawal process.
- The withdrawal process may take a few minutes to several hours, depending on network congestion. You can monitor the status of your withdrawal in the “Withdrawal History” section of your account.
HTX is a globally-accessible cryptocurrency exchange supported in over 130 countries globally, including the United States, Japan, South Korea, Australia, Singapore, and many others. However, note that the availability of HTX’s services may vary by country, and some countries may have restrictions on cryptocurrency trading.
HTX charges 0.2% maker and taker fees. Although deposits are free, withdrawal charges range between £1 and £28, depending on the chain you are using.
It can be seen that the developers are working very hard with the application. Found out that they have a good reputation, so downloaded the app. I have already withdrawn money twice, and the funds were credited to my account in 1-2 hours.
I have been looking for a suitable cryptocurrency platform for a long time and finally found it. Huobi is about robustness, security, and speed. The support really is very expeditious. The commissions are a bit high if you are not a regular trader. But really Huobi and Huobi Wallet are great.
One of the popular cryptocurrencies.
I have been a huobi user for a long time.
Thanks to huobi, my crypto portfolio is making very good profits.
Support service is very fast and competent
I have tried a lot of cryptocurrency trading platforms, and have chosen Huobi for its robustness, security, and speed. The support really is very expeditious.
I think this bitcoin trading platform is very good. There is a lot of cryptocurrency content, which is very practical for bitcoin trading enthusiasts. Also I withdrew twice, and the funds were credited to my account in 2 hours.
I've been using this exchange for years, I haven't had a single problem with it, and its customer service is very active and good... And I wondering how some strange customers complain about huobi. They complain that they have problems with card verification, which is a lie. I have verified my own card once, and they are also complaining that the app can suddenly be logged out, and that is also a lie. I love your exchange, and I ask you to keep up the good work.
Nice design, fast withdrawals. I'm satisfied and can recommend
Huobi is an excellent exchange. It is possible to use all the functionality of the service, regardless of the operating system used. The withdrawals are fast, and I have never had any problems with withdrawing from the exchange. I would recommend!)
I love Huobi despite being an entry level user on the exchanges. So done with soul, accessible and with an incentive to return again. Everything is clear intuitively, and what is not clear, it is clear where to inquire. These are not boring graphs and numbers, this is a world with tasks, rewards, powerful support, reliable protection and, most importantly, there is so much real money spinning there. Respect, respect, low bow to the creators.
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal
I’d like to share my feedback after utilizing this outstanding exchange. It’s truly excellent, offering swift deposits and withdrawals, genuine market prices, and actual cryptocurrency volume. Using your wallet for fund transactions is incredibly user-friendly, and there are occasional prime lists available. I’ve conducted over 50 withdrawals and deposits, and none have experienced any delays. I’ve been a Huobi user for over 2 years, appreciating the seamless functionality available across various operating systems.