Huobi (HTX) Crypto Exchange: Full Review and User Guide

Review of the Huobi (HTX) Cryptocurrency Exchange in 2025: Pros, Cons, and Platform Features

While exploring the market, novice traders often face the question: which platform should they choose? There are a large number of crypto exchanges that have long established themselves in the digital asset market. Among the top platforms, the HTX cryptocurrency exchange stands out.

The platform consistently holds a place in the TOP 20 exchanges by trading volume and enjoys trust within the crypto community. In this article, we will tell you in detail about HTX, the services offered, bonuses, and user reviews.

History of the Huobi (HTX) Crypto Exchange

The Chinese cryptocurrency exchange was founded in 2013 and registered in the Seychelles. The founder and CEO of Huobi Group to this day is Leon Li, who previously worked as a computer engineer at Oracle. At that time, the crypto market was just beginning to gain momentum, and initially Huobi was a platform for trading simulations, where Chinese investors actively invested. Having collected the necessary amount, the service began to develop actively.

The development of the exchange brought results, and already in 2016, 60% of Bitcoin operations were performed on the Huobi platform. However, in 2017, the Chinese government began to pursue a fierce policy against cryptocurrencies, and Huobi was forced to move to another country. The next place for the platform's development was Singapore, after which the project team began opening Huobi representative offices around the world.

On September 13, 2023, the Huobi crypto exchange announced a rebranding and change of name to HTX, in honor of its 10th anniversary of operation.

Registration and Verification on the Huobi (HTX) Exchange

How to register on the Huobi (HTX) exchange?

You can register on HTX from 130 countries, and the platform interface is available in 7 languages.

To create an account on the exchange, a user will need to:

• Go to the official website of the exchange and click on the "Registration" button;

• Registration will require an email address or a phone number;

• Next, you need to come up with a complex password and agree to the user agreement and privacy policy;

After filling in the mandatory fields and clicking on "Registration", a 6-digit code will be sent to the email or phone, which must be specified. At this point, the process of registering an account on HTX will be completed.

How to pass verification?

To start with, an HTX user does not necessarily have to pass identity verification to use the platform. However, in this case, a number of restrictions apply: only spot trading will be available, a limit on the withdrawal of cryptocurrencies of 0.006 BTC, and it is possible to exchange no more than 1,000 USDT per day via P2P exchange.

To pass the identity verification procedure on HTX, you need to select "Verification" in the appearing account menu, after which the exchange will offer a choice of two types of verification:

• Personal verification. Suitable for individuals who will trade with their own funds. By choosing this item, the service will ask you to take a photo of an identity document, as well as take a picture of your face;

• Institutional verification. Suitable for legal entities that are going to perform operations using company money. Here you need to send all the credentials of your event to the exchange team.

How to Deposit and Withdraw Funds on Huobi (HTX)

Depositing and Withdrawing Cryptocurrency from the Huobi (HTX) Exchange

To top up an exchange account with cryptocurrency, the user needs to perform the following actions:

• Go to the personal account, open the "Balance" tab and select the type of account for crediting funds (spot, margin, fiat, contract, etc.);

• Determine the currency for replenishment and click the "Deposit" button;

• In the window that appears, select the network and request a deposit address, which will be sent to the email linked to the account;

• Copy the received address and transfer cryptocurrency to it.

How to top up a Huobi (HTX) deposit using fiat?

On the platform, users can purchase cryptocurrency for fiat funds using the instant buy or sell function in the "Fiat" tab. In just one click, the purchase of the desired cryptocurrency is available with payment through Visa or Mastercard bank cards.

To top up the balance with fiat funds, you need to open the "Balance" section, select a fiat account, specify the currency for deposit and click the "Deposit" button. The service supports more than 50 national currencies, including USD, EUR, GBP, AUD and others.

However, for owners of Russian bank cards, this method of replenishment is unavailable due to current sanctions against the Russian Federation.

How to top up an account on HTX via P2P?

Now many exchanges that provide services to users from Russia do not accept cards from Russian banks. However, this restriction can be bypassed using P2P exchange, and HTX was no exception.

On P2P platforms, users exchange cryptocurrency for fiat and vice versa between themselves, and the exchange acts as a mediator. P2P exchange on HTX supports the exchange of the following cryptocurrencies: USDT, BTC, USDD, HTX, TRX, ETH, EOS, XRP and LTC.

To go to the P2P platform, you need to select "P2P" in the "Trading" section. Next, you have to choose which cryptocurrency the user wants to exchange for rubles. The search also allows you to sort ads by price, quantity and payment method.

After the user has found a suitable ad, click "Buy". Now you need to enter the amount of fiat currency that the user is going to spend on buying cryptocurrency, the system will automatically perform the calculation.

After placing the application, the seller will send you the details where you need to transfer rubles. The transfer must be confirmed in the transaction chat, in some cases they may ask for a check in a PDF file. As soon as the rubles arrive in the seller's account, the cryptocurrency will be transferred to the HTX wallet.

Trading Fees and Bonuses on the Huobi (HTX) Exchange

What fees apply on the Huobi (HTX) exchange?

The commission for spot trading on the exchange is 0.2%. It can be reduced if the trader's account has Huobi Token exchange tokens: the more HT, the lower the commission.

Huobi Start Bonuses

New HTX users can receive a gift set worth up to 1,200 USDT by completing simple tasks. To do this, you must register, make a first deposit of at least 10 USDT, perform the first spot transaction in the amount of 10 USDT and the first futures transaction in the amount of at least 100 USDT. These actions will allow you to receive up to 600 USDT as a welcome bonus.

Additionally, within 30 days after registration, users can earn up to another 600 USDT by completing time-limited challenges. These include making a deposit of at least 100 USDT to a futures account, achieving a cumulative spot trading volume of at least 100,000 USDT and a futures trading volume of at least 1,000,000 USDT. Completing these tasks increases the total reward to 1,200 USDT.

To participate in the program, users of the HTX app can click on the gift icon on the main page to enter the Rewards Center, and then select "Beginner Tasks" and follow the instructions. Web version users can go to the "Activity" section on the main page, then to the Rewards Center and start completing tasks. After receiving rewards, they can be checked in the "My Rewards" section.

Functionality and Capabilities of the Huobi (HTX) Platform

The platform provides users with various ways to trade digital currencies. Let's look at them in order:

1. Spot trading. Huobi crypto exchange allows you to trade crypto on the classic spot market. To do this, in the upper part of the site, select the spot trading tab. After that, the exchange redirects you to the trading page where you can make transactions;

2. Margin trading. You can trade on the spot both with your own and with borrowed funds. The exchange provides access to margin trading: for this, select spot trading and click on "Margin Trading" in the list. Margin trading uses such a concept as leverage. Leverage is the ratio of the trader's own funds to borrowed ones. The size of the leverage on Huobi can reach x5, that is, a trader can increase their trading capital by 5 times;

3. Trading bot. A user can conclude deals on the exchange independently or with the help of trading bots. With their help, you can easily automate the trading process. The trading bot function is located in the "spot trading" tab;

4. OTC. This method represents over-the-counter transactions that are concluded without the participation of a central counterparty. Brokerage is a new function on the service, it is available only to verified users;

5. Copy trading. A function is available on the exchange that allows you to automatically copy trades after more successful traders. Popular among newcomers to the crypto market, because they often do not have enough knowledge to conduct profitable trading;

6. Algorithmic trading. Experienced traders can use algorithmic strategies, with all available orders on the exchange.

Huobi Derivatives

Derivatives are a derivative financial instrument, contract or agreement that obliges the parties to fulfill obligations in relation to the underlying asset.

The following derivative instruments are presented on Huobi: futures, coin contracts and USDT contracts.

• Futures. These are financial instruments and a form of agreement that allows traders to buy an asset at a certain date in the future at a price set at the time of the transaction;

• Coin contracts. Coin-marginal swaps with leverage up to 125x for BTC and ETH and up to 75x for other coins;

• USDT contracts. USDT-marginal swaps. Using the USDT stablecoin as a marginal asset, such swaps support two-way trading with leverage up to 75x.

Security on the Huobi (HTX) Exchange

To secure user funds, several security mechanisms are implemented on the HTX exchange: storing the majority of cryptocurrencies on cold wallets, using secure connections and constant data encryption. Also, the user can independently increase the security level of the account through the following functions:

• Connect two-factor authentication;

• Use phone and email to link to the account;

• Associate other network accounts with the Huobi account;

• Use an anti-phishing code and a strong password.

Thanks to these functions, Huobi is one of the safest cryptocurrency exchanges.

Comparison with other exchanges

Reviews about the Huobi (HTX) exchange: pros and cons

The HTX app has a 3.6 rating on Google Play. Users complain about the incompetence of the platform's support service: responses that take too long and an inability to solve any problem immediately.

On the other hand, HTX is praised for its user-friendly interface, the large number of cryptocurrencies presented for trading, and high level of security.

Pros:

1. Wide selection of cryptocurrencies;

2. Competitive trading commissions;

3. High level of security;

4. Intuitively understandable interface;

Minuses:

1. A withdrawal fee is present;

2. No possibility to top up the deposit in rubles;

3. Verification can take up to several days.

HTX Referral and Partner Program

The HTX referral program allows users to earn up to 30% of the trading fees of invited friends. To participate, you need to generate a unique referral link and send it to potential users. After registration and the start of trading, the invited user brings the inviter up to 30% commission from each transaction. For example, if a referral paid 100 USDT in commission per month, you will receive up to 30 USDT. The more referrals and their activity, the higher the income.

The HTX partner program offers even more favorable conditions for traders, bloggers and opinion leaders. Partners can earn up to 50% commission from referral trades, receive exclusive bonuses and personal support. To become a partner, you must apply and meet the requirements: have a community, media resource or trading experience. For example, with a referral commission of 1000 USDT, a partner can receive up to 500 USDT.

Additional Options on the Huobi Exchange

In addition to everything listed, there are a number of functions on the platform that can attract both experienced investors and beginners.

• Staking. A popular way of passive earning assumes that users store their digital coins in the network on the Proof of Stake (PoS) algorithm, while ensuring the performance of the blockchain and receiving a reward for this. Huobi also allows its clients to receive rewards for staking tokens;

• HTX Earn. An investment product through which users can earn on owning assets. Instead of just holding their savings, you can transfer some of them to flexible or fixed income, which works similarly to staking;

• Shark Fin. An analogue of betting: a user must assume in what price range the price of a cryptocurrency will be after a certain time. If they don't guess, they get the invested amount back and a small reward for participation, and if they guess, the income will depend on the maximum proposed percentage rate (APY);

• ETH 2.0. In 2020, Huobi launched support for ETH 2.0 staking. With its help, a user can contribute ETH as BETH – an asset that is created as a reward for validators for checking the chain. The token can also be bought for Ethereum in a 1 ETH : 1 BETH ratio;

• Crypto loans. This function assumes earning by lending your assets to other users. You can lend more than 30 assets, and the loan terms vary from 30 to 90 days.

Conclusion

The HTX exchange is one of the top crypto platforms in the whole world. The number of tools provided and wide functionality attract the attention of users. The platform is suitable for both beginners, for whom there are starting bonuses, and for pros, as they will find tools for maximizing profits here.

And although today HTX meets high security requirements, in the past there were cases when the exchange was subjected to hacks. Therefore, it is better not to store large amounts on crypto exchanges, because there is always a chance that they will be hacked.

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Frequently Asked Questions (FAQ)

Does the Huobi (HTX) exchange work in Russia?

Yes, HTX is available for users from Russia, but there are restrictions on topping up the account in rubles. For depositing and withdrawing funds, it is recommended to use P2P exchange.

Is the Huobi (HTX) exchange available in Russian?

Yes, HTX supports the Russian language in the web version and the mobile app.

Is it safe to trade on the Huobi (HTX) exchange?

Yes, HTX uses cold wallets, 2FA and regular audits to protect user funds.

Can I trade on Huobi (HTX) without verification?

Yes, but with restrictions: withdrawal up to 0.006 BTC per day, P2P limit 1000 USDT, futures are unavailable without KYC.