HTX is one of the longest-running cryptocurrency exchanges in the industry. The platform was founded in 2013 under the name Huobi and has been steadily evolving ever since. In terms of trading volume, instrument variety and liquidity depth, it consistently ranks among the market leaders: cumulative trading volume on the platform has surpassed $33 trillion, with roughly $3.3 trillion settled in 2025 alone — a 39% year-over-year increase. According to CoinGecko data for 2025, HTX holds the 9th spot globally by spot trading volume, with a market share of approximately 6% and annual volume growth of +35.6%. By the first quarter of 2026, the platform had registered more than 59 million users.
For many investors, HTX is still better known under its old name. In September 2023, at the TOKEN2049 event in Singapore and in celebration of the exchange's 10th anniversary, Huobi officially rebranded as HTX. The new name stands for Huobi + TRON + eXchange, while the letter X also represents the Roman numeral ten. Management linked the decision to difficulties Western audiences had pronouncing "Huobi" and to a stronger push into global markets. The rebrand followed a major internal shift: back in October 2022, control of the exchange had passed to entrepreneur Justin Sun (the founder of TRON). In the platform's official materials he is listed as Global Advisor of HTX, with Molly Zheng serving as public spokesperson and Head of HTX MO Centre. A sitting chief executive officer (CEO) is not named on any publicly accessible page of the site — an unusual choice for an exchange of this size.
HTX is a centralized exchange (CEX) incorporated in the Seychelles, with offices in Hong Kong, Japan, South Korea and the United States. The platform is available in more than 160 countries, supports over 700 cryptocurrencies and roughly 900–1,000 trading pairs, and offers the full range of services: spot, futures with leverage up to 100x, copy trading, peer-to-peer (P2P), staking, Earn products and over-the-counter (OTC) trading. In 2025–2026, HTX also built out a dedicated TradFi line — futures contracts on tokenized equities (xStocks), gold, silver, crude oil and major stock indices. Alongside the core business, the company maintains its own infrastructure: the HECO Chain blockchain, the HTX DAO community and the HTX Research division.
HTX remains a balanced platform, with standout strengths in trading services and reserve transparency. At the same time, the events of 2023 have shifted its regulatory and reputational weight. Below are our updated scores across the key dimensions:
| Overall Score | 8 |
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8 |
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7 |
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9 |
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9 |
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9 |
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7 |
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10 |
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8 |
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9 |
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8 |
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9 |
No trading venue is perfect — each has its own trade-offs. We examined HTX from several angles and highlighted the main points:
HTX is one of the most recognizable brands on the market, with a history spanning more than 12 years. The core platform parameters as of 2026:
| Name | HTX (formerly Huobi Global) |
|---|---|
| Website | https://www.htx.com |
| Exchange Type | Centralized |
| Regulation | Incorporated in the Seychelles; Japan is served by a separate entity (BitTrade) that previously operated under a Japanese Financial Services Agency (FSA) license. In May 2024, HTX withdrew its Virtual Asset Trading Platform (VATP) application with the Hong Kong Securities and Futures Commission (SFC). The FCA (United Kingdom) has listed HTX as an unauthorized firm since October 2023. In 2026, the platform is actively pursuing licensing in Australia and Pakistan. |
| Taker Fee | From 0.2% down to 0.0218% (spot); from 0.06% down to 0.025% (USDT-margined futures) |
| Maker Fee | From 0.2% down to 0.0126% (spot); from 0.02% down to 0% (USDT-margined futures) |
| Demo Account | No |
| Minimum Deposit | None; limited only by the minimum deposit amount of each specific coin |
| BTC Withdrawal Limits | Basic know your customer (KYC) — approximately 0.06 BTC per day; fully verified users — up to 100 BTC. The full public table for 2026 is not disclosed; exact values are shown inside the account |
| USD Withdrawal Limits | Set by the platform and dependent on the verification level |
| Fiat Withdrawal | Officially confirmed channels: USD (STCOINS Bank Transfer), Turkish lira (TRY, via AdvCash), Russian ruble (RUB, via AdvCash); other currencies — via P2P |
| Time frame for account opening | 5–10 minutes for basic verification; full verification up to several days |
| Margin Leverage | Up to 100x on USDT-margined futures, up to 200x on selected derivatives |
| Markets | Around 700 cryptocurrencies and approximately 900–1,000 trading pairs |
| Passive Income | Flexible / Fixed Earn, staking, HTX Earn, Dual Investment, Copy Trading |
| Support Languages | 10+ languages, including English, Chinese, Spanish, Turkish, Portuguese, Vietnamese |
| Withdrawal Fee | Depends on the coin (BTC — 0.0005, ETH — variable); fiat withdrawal — a percentage plus a minimum fee |
| Deposit Methods | Crypto, bank transfers (SEPA, Faster Payments, SWIFT), cards, Apple Pay, AdvCash, Banxa, iDEAL, Interac, P2P |
| Withdrawal Methods | Crypto, bank transfers, P2P, a limited set of fiat channels |
| Account Currencies | BTC, ETH, USDT, USD Coin (USDC); more than 100 fiat currencies available for deposits |
| Promotions | Welcome Bonus of up to 1,500 USDT, seasonal campaigns (Spring Gold Rush with a prize of up to 1 BTC, HTX Earn Carnival), referral program with cashback up to 30% (up to 60% for affiliates) |
HTX's fee policy in 2026 is competitive for active traders and average for newcomers. Over the past few years, the exchange has fully rebuilt its discount system: the old flat scale tied to HT holdings has given way to a multi-tier Prime program covering spot and futures, with dedicated rules for copy trading and Earn. The main pros and cons:
For spot markets, HTX uses the Prime system: moving to the next tier is triggered by satisfying one of three criteria — 30-day trading volume, total portfolio balance, or the number of HTX tokens held in the account. The base tier is the same for everyone, while the top levels are on par with industry leaders.
| Level | Maker Fee | Taker Fee |
|---|---|---|
| Prime 0 | 0.2000% | 0.2000% |
| Prime 1 | 0.1600% | 0.1700% |
| Prime 2 | 0.1400% | 0.1500% |
| Prime 3 | 0.1000% | 0.1000% |
| Prime 5 | 0.0650% | 0.0900% |
| Prime 7 | 0.0450% | 0.0550% |
| Prime 9 | 0.0224% | 0.0318% |
| Prime 11 | 0.0126% | 0.0218% |
On the derivatives market, rates drop further. For USDT-margined futures, the base commission is 0.02% for makers and 0.06% for takers; at Prime 11, makers trade for free, while takers pay 0.025%. On Coin-margined contracts from Prime 6 and above, the platform pays the maker a rebate — a negative rate that rewards liquidity provision. In addition, paying fees in HT or HTX unlocks a 25% discount, which is especially valuable at the lower Prime tiers.
Crypto deposits remain free. Withdrawals are subject to a network fee that depends on the coin and the current network load. Indicative values:
Fiat withdrawals have become more restrictive compared to prior years. Bank transfers in Euro (EUR) and British pound sterling (GBP) are charged at roughly 0.15% plus a fixed fee of €1 or £1. Domestic USD transfers via SEN or SWIFT are typically free, but the list of available fiat channels depends on the user's country, verification level and banking partner. For most users outside a handful of supported jurisdictions, the P2P marketplace is the primary option.
After the bankruptcy of FTX in November 2022, prior comparisons with that exchange no longer apply. The current picture looks like this:
| HTX | Binance | Bybit | |
|---|---|---|---|
| Taker (base) | 0.20% | 0.10% | 0.10% |
| Maker (base) | 0.20% | 0.10% | 0.10% |
| Taker (VIP / Prime 11) | 0.0218% | 0.0170% | 0.0180% |
| Maker (VIP / Prime 11) | 0.0126% | 0.0120% | 0.0100% |
At entry level, HTX loses out to both main competitors: 0.2% versus 0.1% at Binance and Bybit. At the top of the Prime ladder, however, the gap almost disappears — for VIP traders, HTX stays competitive, with a clear path to lower rates through the HTX token, trading volume or portfolio balance.
HTX gives clients access to trading with borrowed funds. For spot margin trading, leverage traditionally reaches up to 1:5 on major pairs and lower on some instruments. The derivatives market works differently: USDT-margined futures offer leverage up to 100x, while selected derivative products go as high as 200x. The HTX User Agreement fixes a basic loan rate of 0.098% per day, while the actual effective rate is dynamic and is recalculated daily under platform rules, taking into account current market conditions, the user's Prime tier and separate promotional discounts. Specific per-asset rates for BTC, USDT and ETH are shown inside the trading interface after login, so the latest value should be confirmed in the Margin → Borrow Interest Rate section before each trade.
| Instrument | Rate |
|---|---|
| Base (spot margin) | 0.098% per day |
| BTC | Daily, variable; visible inside the account |
| USDT | Daily, variable; Prime users receive a discount |
| ETH | Daily, variable; visible inside the account |
The company's legal history follows a path familiar to many Chinese-founded exchanges. HTX started as Huobi, formally registered in China, then obtained permissions in Hong Kong and, after Beijing's policy shift toward cryptocurrencies, relocated its incorporation to the Seychelles. In 2021, the exchange fully wound down operations on mainland China, and in October 2022 a controlling stake passed to Justin Sun. The rebrand to HTX in September 2023 was a logical continuation of this evolution and part of a broader international strategy.
The licensing picture is mixed. Seychelles incorporation implies no substantive financial license — this is standard practice for centralized exchanges. The Huobi Japan subsidiary, which secured an FSA license in 2019 after merging with BitTrade, continues to operate as an independent company, while the htx.com domain itself lists Japan among the restricted jurisdictions. In May 2024, HTX — alongside Binance, OKX, Gate.io and KuCoin — withdrew its VATP application with the Hong Kong Securities and Futures Commission, citing the regulator's strict requirements. Since October 8, 2023, the United Kingdom's FCA has flagged HTX (and the accompanying huobi.com domain) in its warning list as an unauthorized firm, with the entry updated again in 2026.
Unlike the earlier Huobi years, when serious security incidents were rare, 2023 proved to be a difficult year for the platform. On September 24, attackers withdrew roughly $7.9 million in ETH from a hot wallet — immediately afterward, Justin Sun announced the creation of a Secure Asset Fund for Users (SAFU) to cover potential losses. A much larger wave followed in November: on the 10th, Sun-affiliated exchange Poloniex lost about $100 million, and on November 22, attackers drained roughly $30 million from HTX and an additional $86.6 million from the HECO Chain bridge. Public data showed that HTX net outflows exceeded $258 million over the following two weeks, but according to the platform, all affected users received compensation.
After these incidents, the exchange meaningfully tightened its transparency regime. HTX publishes a monthly Proof of Reserves (PoR) report built on a Merkle tree, with independent third-party verification. As of April 2026, reserves have stayed above 100% for 42 consecutive months: BTC — 100%, ETH — 108%, USDT — 102%, TRX — 107%, HTX — 102%. The April report also logged net reserve additions of +142 BTC, +538 ETH and +91.78 million TRX, and introduced a unified USDs aggregation model that consolidates USDT, USDC and other dollar-backed stablecoins. On top of this, the platform maintains a separate 20,000 BTC reserve fund earmarked for covering costs in case of new force majeure events. Taken together, the current protection level is stronger than in 2022 — but the historical context of the hacks and the FCA warning should be factored in when assessing risk.
HTX offers a broad trading lineup: spot, USDT- and Coin-margined futures, options, copy trading, trading bots, P2P and OTC. By total coin count, the platform trails Binance and Bybit, but it holds strong positions on the derivatives market, where contracts with multiple expiration schedules are available.
Deep integration with the TRON ecosystem sets HTX apart from competitors: users interact directly with TRX, receive airdrop distributions on the TRON network, and rely on fast and low-cost USDT-TRC20 transfers. The exchange's legacy HUSD stablecoin was delisted in October 2022 after two depeg incidents (down to $0.84 in August and $0.28 in October), with user balances automatically converted to USDT at a 1:1 ratio.
An updated comparison with the main competitors:
| HTX | Binance | Bybit | |
|---|---|---|---|
| Total cryptocurrencies | Around 700 | More than 400 | More than 700 |
| Total trading pairs | 900–1,000 | More than 1,700 | More than 1,000 |
| Bitcoin | Yes | Yes | Yes |
| Ethereum | Yes | Yes | Yes |
| Altcoins | Yes | Yes | Yes |
| Futures and options | Yes | Yes | Yes |
| Non-fungible token (NFT) marketplace | Limited | Limited (BNB Smart Chain and Ethereum only) | No |
In terms of spot instruments, HTX is roughly on par with Bybit and behind Binance; for futures and options, it holds solid competitive ground. The NFT segment has weakened across all major exchanges since 2023 — HTX is no exception and is currently focused on trading, Earn products and DAO governance.
The spot market carries over 700 coins and approximately 900–1,000 trading pairs. Users have access to both classic USDT, USDC and BTC pairs and quotes against TRX, HTX and several less common stablecoins. For some major assets, fiat-quoted pairs remain available — an important trust signal for part of the user base.
The derivatives market is one of HTX's strongest sections. The lineup covers USDT-margined and Coin-margined futures with leverage up to 100x, selected derivative instruments with leverage up to 200x, and options on BTC and ETH. Futures are offered with several expiration schedules:
In 2025, HTX specifically deepened its liquidity pools and rolled out Copy Trading 4.0 integrated directly into the futures terminal. The number of copy traders grew significantly in late 2025, cementing copy trading among the platform's key directions. In the first quarter of 2026, HTX added a dedicated TradFi zone: over 22 new assets were introduced on the derivatives market, including tokenized xStocks equities (TSLAx, MSTRx, CRCLx, AMZNx), gold, silver, crude oil and major stock indices. The total number of tradable futures instruments on HTX has surpassed 276.
The Earn line on HTX has been substantially rebuilt over the past few years. The legacy Huobi Earn with headline rates up to 88% APY has been replaced by a more structured lineup, where yield depends on the product type, Prime tier and current promotional campaigns. The main directions as of April 2026:
The referral program has been refreshed and now operates in two modes. A regular user earns up to 30% cashback on the trading fees of invited traders, while HTX Affiliate status raises this rate up to 60%. Rewards accrue on the invitee's spot and futures trades and scale with their trading volume. Referrers typically also get a new-user promotion to share — a fee discount of up to 50% for the first 30 days and a welcome bonus. The older 2022-era terms (a two-year duration and a $5,000 cap per referral) are not confirmed in current official materials, so the exact parameters are best verified in the Referral section of the account.
The registration flow has changed little: the basic procedure takes 5–10 minutes, after which most platform features become available. The difference from prior years lies in the number of KYC tiers: a third level, Investment Capability Assessment, has been added for high-value transactions.
Regional restrictions have expanded noticeably since 2022. As of April 2026, the following categories apply:
In late 2025, HTX launched operations in the Australian market with a local fiat on- and off-ramp via Australian banking partners, while continuing to upgrade its licensing to meet the new regulatory standards. In early 2026, HTX also became one of two global exchanges eligible to apply for Pakistan's inaugural virtual asset license.
Data is current as of the publication date of this review and is updated as the Service Agreement evolves. The status of any specific country should be confirmed on the official page before registration.
Registration takes no more than 10–15 minutes. The sequence is as follows:
Click the registration button in the top right corner of htx.com.
Choose the sign-up method — phone number or email — and set a password.
Enter the verification code received in the chosen channel.
Open the personal account section (the silhouette icon) and go to Identity Verification.
Select the verification level that matches your intended activity. Basic verification requires a passport or ID card; extended verification adds proof of address; the third level requires a questionnaire on investment experience and source of funds.
There is no fixed minimum deposit at the platform level: each coin has its own minimum deposit amount, which is usually close to the value of a single unit of the asset. Users can begin trading with only a few dollars by depositing, for example, TRX or USDT.
After basic registration, three verification levels are available — up from two in prior years, with the newly added Investment Capability Assessment tier for clients operating with large sums. HTX's official help materials confirm that completing verification unlocks withdrawals, while fully verified users can reach daily crypto withdrawal limits of up to 100 BTC. The platform does not publish a full Level 1 / 2 / 3 table for 2026 — the exact values are visible in each user's account.
| Level | Withdrawal Limit | Requirements |
|---|---|---|
| Level 1. Basic Verification | Crypto — low limits (historically around 0.06 BTC per day); fiat unavailable | Email, full name, phone, country, government-issued ID |
| Level 2. Advanced Verification | Crypto and fiat limits rise substantially | Uploaded ID documents plus proof of address (utility bill or bank statement) |
| Level 3. Investment Capability Assessment | Special limits for high-value operations; up to 100 BTC per day for fully verified users | Questionnaire on financial status, investment experience and source of funds |
Across all levels, 2FA, a separate trading password, an anti-phishing code and biometric login in the mobile app are supported.
Deposit options on HTX remain plentiful, but the list of fiat withdrawal rails has narrowed noticeably. The majority of ordinary users work through crypto or P2P, while direct bank transfers are available in a limited number of jurisdictions. In total, the platform supports more than 100 fiat currencies for deposits, including:
For fiat withdrawals, three channels are confirmed in HTX's public documentation: USD bank transfers via partner Stable Universal (STCOINS Bank Transfer, with per-operation limits of $1,000 minimum and $1,000,000 maximum), TRY via AdvCash, and RUB via AdvCash. For Ukrainian hryvnia (UAH) and Kazakhstani tenge (KZT), HTX's help materials cover deposits but do not currently publish an active withdrawal guide — in practice, this runs through P2P. The P2P marketplace itself supports more than 90 payment methods and remains the default option for fiat operations in Commonwealth of Independent States (CIS) countries.
Hundreds of cryptocurrencies are available for deposits, with BTC, ETH, USDT, USDC, TRX, SOL and XRP among the key ones. Crypto deposits are free across the board.
| Method | Processing Time | Fee |
|---|---|---|
| Crypto | From minutes to an hour, depending on coin and network load | Deposit — free; withdrawal — network fee per coin |
| Bank transfers (SEPA, Faster Payments) | 1–3 business days | Deposit 0–0.15%; withdrawal 0.15% plus a fixed charge |
| SWIFT / SEN (USD) | 1–3 business days | Deposit typically 0%; withdrawal — per banking partner tariffs |
| Cards (Banxa, AdvCash and others) | Instant — up to 30 minutes | 1–4% depending on the provider |
| P2P | From a few minutes | Usually 0% on the platform side; negotiated between users |
The HTX lineup covers the Web version, a desktop client for Windows and macOS, and mobile apps for iOS and Android. There is no dedicated Linux build, but the desktop client offers an extended order set and remains a favorite among active traders.
| Web | Desktop | Mobile | |
|---|---|---|---|
| 2FA | Yes | Yes | Yes |
| Timeframe range | From 1-minute to monthly | From 1-minute to monthly | From 1-minute to monthly |
| Order types | Limit, market, stop-limit, stop-market, trailing stop, TP / SL | Full set, including algorithmic orders | Basic set with stop and limit orders |
| Price history | Yes | Yes | Yes |
| Number of indicators | 100+ | 100+ | 30+ |
| TradingView charts | Yes | Yes | Partial (embedded module) |
The iOS and Android clients are functionally almost identical; the desktop version is the most feature-rich and is aimed at active traders.
| HTX | Binance | Bybit | |
|---|---|---|---|
| Web | Yes | Yes | Yes |
| Android | Yes | Yes | Yes |
| iOS | Yes | Yes | Yes |
| Desktop | Yes | Yes | Yes |
HTX's standout feature is the unusually high user ratings of its mobile client: as of today, it is one of the few apps among the top 10 exchanges with a rating of around 4.8 on Google Play across tens of thousands of reviews.
Ranked by feature depth, the platforms line up as follows:
HTX runs its own research arm, HTX Research, which publishes market overviews, macroeconomic reports and coverage of new blockchain projects. Analytical output has grown more visible since the rebrand: HTX DAO publications on the platform's tokenomics, monthly PoR reports and quarterly operational updates have all been added.
HTX also runs a YouTube channel with leadership interviews, product walkthroughs and educational videos.
The exchange maintains an educational section covering the fundamentals of cryptocurrencies, terminal usage, margin trading mechanics and Earn products. In 2024–2025, materials on Copy Trading 4.0, DAO governance and the TRON ecosystem were added. A dedicated Learn and Earn track also rewards users with small crypto grants for completing educational modules.
HTX customer support operates 24/7 through several channels. The fastest line is the built-in live chat on the website and in the app, where the initial response from an operator typically arrives within minutes. A AI chatbot covers simple queries, while email and the ticket form handle more complex cases.
The main channels for contact and news:
HTX states that support is available in more than 10 languages, including:
| Language | Channels |
|---|---|
| English | Live chat, email, Telegram |
| Chinese | Live chat, email |
| Spanish | Live chat |
| Portuguese | Live chat |
| Turkish | Live chat |
| Vietnamese | Live chat |
| Italian | Live chat |
| French | Live chat |
| German | Live chat |
| Russian | Live chat, Telegram |
| Ukrainian | Telegram |
The HTX bonus system in 2026 is structured differently from the Huobi era. Instead of a fixed welcome grid of $300, the platform runs combined campaigns with a rotating reward set. The main formats that appear side by side in HTX's official materials at the time of this review:
Task breakdowns, reward sizes and regional availability vary from country to country and are updated regularly. The current lineup for any specific jurisdiction is most reliably verified in Rewards Hub → Promotions after logging in to the account.
HTX is a mature exchange with its own history and an ambiguous 2023. Behind the legacy Huobi brand sits an infrastructure with one of the most transparent PoR regimes on the market (42 consecutive months above 100%), a strong derivatives lineup, a competitive Prime fee system and one of the highest-rated mobile apps in the industry. In 2025–2026, the platform noticeably expanded its product line: it added a TradFi segment with tokenized equities and indices, strengthened the stablecoin side of Earn with yields up to 15%, launched in the Australian market and began the licensing process in Pakistan. Integration with the TRON ecosystem and HTX DAO governance make the platform interesting for users who prefer TRX-denominated assets, TRON-based stablecoins and participation in governance via the HTX token.
On the other hand, there are still open questions the exchange has not fully addressed. At base level, the 0.2% spot fee is higher than at its main competitors. Fiat withdrawals are limited by currency (officially confirmed for USD, TRY and RUB), and users from the United Kingdom, the United States, Canada, Japan and several other countries cannot access HTX at all. The events of 2023 — the hacks on HTX and the affiliated Poloniex, the FCA warning and the withdrawn Hong Kong SFC application — set the platform apart from the "issue-free" cohort, even given that affected users were compensated and reserves remain above 100%. A further notable point is that HTX does not publicly disclose its current CEO — a choice most large competitors do not make.
In short, HTX suits active traders with meaningful capital who can climb the Prime ladder quickly and take advantage of the derivatives market, including TradFi instruments, as well as investors oriented toward TRON assets and willing to engage with Earn products and the DAO structure. Smaller depositors may want to weigh alternatives with lower entry-level fees and more transparent fiat off-ramps — or approach HTX through P2P and basic Earn products.