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HTX Crypto Exchange Review (HTX.com reviews) – Is HTX Scam or Legit?

Read our HTX.com review to know everything about HTX Crypto Exchange. In this HTX review, you will get to know whether this crypto exchange is a scam or legit.

ShahZaib Ahmed

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HTX Crypto Exchange

Introduction

HTX Crypto Exchange logo

HTX.com Exchange, the previous name of Huobi, was introduced as a powerful trading platform that aims to meet the requirements of millions of users across the globe.

Originally from China, HTX crypto exchange is a major player in the Asian markets, and its inevitable development took it to the Republic of Seychelles as a consequence of the regulatory pressure in the original place.

HTX Crypto Exchange interface

Despite regulatory challenges, the HTX trading platform has established offices in key Asian hubs. The management is open to entering the United States market once proper licensing is obtained.

HTX Supported Cryptocurrencies

Through its over 500 crypto ecosystems, HTX.com exchange hosts a wide range of large players, starting with Bitcoin, followed by Ethereum and various altcoins. This diversity enables business HTX to be a popular choice for experienced and beginner traders.

HTX Crypto Exchange Crypto assets

HTX boasts an extensive selection of over 500 cryptocurrencies, encompassing major players like Bitcoin and Ethereum alongside numerous altcoins. These various offerings position HTX as a favorable platform for both seasoned traders and those seeking emerging opportunities in the crypto space.

HTX.com Fee Structure

HTX cryptocurrency exchange offers an easy-to-use trading interface that is meant to suit both operation proficiency and navigability. Its simple interface and availability of multiple functions help users to get used to the application. The concern lies in the fact that the mobile app might become the unique supported platform, potentially limiting user access to the site.

HTX Fee Structure

HTX.com trading platform uses a fee structure that balances competitiveness and sustainability. Notably, crypto deposits are free, while order wire transfers suffer nominal fees. Trading fees are reasonable, with derivatives trading presenting a competitive edge. Additionally, HTX features a peer-to-peer marketplace for order-to-crypto conversions, offering fee-free transactions.

Features of HTX Crypto Exchange

HTX Crypto Exchange products

HTX Exchange distinguishes itself through a range of features that enhance user experience and trading capabilities. Notable features include margin trading, offering leveraged trading of up to 5x on over 80 tokens, and the addition of trading bots for automated trading strategies. The platform also introduces Primepool, inviting users with opportunities for airdrops.

Trading View

HTX Exchange offers its clients an ideally together easy-to-use trading interface that is meant to suit both the needs for operation proficiency and navigability. Its simple interface and availability of multiple functions help users get used to the application quickly.

Deposit and Withdrawal

HTX.com cryptocurrency exchange allows both cryptocurrency and order deposits. Cryptocurrency withdrawals have fees that vary depending on the asset. Fiat withdrawals are only available in USD and TRY, with specific requirements and procedures provided by the platform. Despite limitations, HTX’s peer-to-peer marketplace offers a fee-free alternative for fiat transactions.

Security and Privacy

HTX prioritizes security, employing industry best practices and multi-signature cold wallets to safeguard client funds. HTX instils confidence through proactive measures and continuous monitoring. User account security features further enhance protection, ensuring a secure trading environment for all users.

Mobile Application

HTX’s mobile application stands as a testament to user-centric design and functionality, garnering high ratings and praise from users. Offering comprehensive trading capabilities and access to additional features, the mobile app serves as a cornerstone of HTX’s user experience.

HTX Crypto Exchange mobile

However, emphasis on the mobile app over the web platform may warrant consideration for a more balanced approach to platform development and accessibility.

Customer Support

HTX’s as highlighted by users’ experiences with response quality and adequacy. While response times are commendable, shortcomings in addressing inquiries and providing accurate information may impact user satisfaction. For users prioritizing customer support, alternatives such as SwissBorg or Kraken offer experiences.

Pros and Cons

Pros:

  • Extensive selection of over 500 cryptocurrencies
  • Competitive fee structure with fee-free peer-to-peer marketplace for fiat transactions
  • Robust security measures and user account protections
  • Intuitive and feature-rich mobile application for enhanced trading experience

Cons:

  • Limited fiat withdrawal options beyond USD and TRY
  • Customer support services may lack consistency and effectiveness
  • Discrepancies in platform development focus between the mobile app and web interface

Conclusion

HTX Crypto Exchange conclusion

HTX Exchange maintains its appeal through a combination of extensive cryptocurrency offerings, competitive fee structures, and robust security measures. As HTX continues to evolve and expand its offerings, it remains a viable option for traders seeking a reliable and feature-rich platform for their cryptocurrency endeavours.

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