HTX connect is currently being asked by many newbies. Although this is a cryptocurrency exchange that is quite familiar to users in UK and many other countries. The article below from Crypto Trading will guide users in detail on how to trade on HTX. We invite traders to follow along!
Information you need to know before learning about HTX connect
Outstanding features of the Crypto Trading exchange
- The HTX Exchange owns a diverse portfolio of more than 400 types of coins including Tokens and Altcoins.
- The average transaction fee is around 0.2%. This level is suitable for the majority of traders around the world.
- The trading process on the exchange takes place smoothly on many platforms and electronic devices. Which includes Mac, Windows, iOS, and Android.
- The interface of the HTX exchange is designed to be user-friendly. At the same time, the exchange also provides professional visual charts through Tradingview.
- In addition, the exchange also supports Margin Trading, allowing users to engage in leverage trading.
- The exchange uses modern security technology to ensure the safety of user information. Includes the application of both 2FA-SMS security layers, along with confirmation of information via email.
- HTX offers multi-language support. These include English, Korean, Chinese, Japanese, and many other languages.
- The exchange also focuses on customer care on many social networking platforms, websites, and emails.
- In particular, the cooperative has established a separate community for UK investors to provide more dedicated and detailed services.
Should traders make money on HTX?
Making money on HTX or any cryptocurrency exchange has potential risks. Here are some points traders need to consider before consulting HTX Connect:
- Knowledge and Experience: To make money on any exchange, you need knowledge about the cryptocurrency market and trading skills. Make sure you have mastered the basic and technical aspects before participating.
- Risk Management: Cryptocurrency trading is a highly volatile field. Therefore, you should determine a reasonable risk management strategy.
- Research: Always research the market and assets before investing. This will include: following the news and analyzing charts. At the same time, understand the project and technology of the cryptocurrency you are trading.
- Choose a Trading Platform: The trading platform needs to suit your needs and investment goals. Check out the exchange’s features, support, and trading fees before using it.
- Time: Cryptocurrency trading can require a lot of time and concentration. Consider whether you have enough time to trade responsibly.
Ultimately, there is no absolute “yes” or “no” to making money on HTX or any exchange. Always be cautious, learn, and be willing to take risks when you enter the cryptocurrency market.
>>See more: What is HTX exchange? Evaluate the detailed trading
Why should you choose to trade on the HTX exchange?
Privacy policy of the Crypto Trading exchange
HTX is one of the world’s leading exchanges. Aim high to ensure cybersecurity for both exchanges and users. The exchange is built on an advanced distributed system architecture and 98% of assets are stored in multi-signature cold storage wallets. This means they cannot be accessed online.
During many years of operation, the HTX has not recorded any incidents of security violations. This exchange can be considered to comply with the highest safety standards in both the cryptocurrency market and the traditional financial trading sector. Therefore, you can rest assured HTX deposit methods without fear of losing your assets.
Transaction on the HTX exchange when encountering errors
When you encounter problems during the transaction process, you can refer to HTX Connect through the exchange’s HTX support service:
HTX offers support in multiple languages. Including English, Chinese, and more You can contact a customer service agent via phone. Or visit one of their national offices. Or use email and online chat.
The HTX Exchange also maintains several social networks and messaging application communities. Here you can submit a request to receive support. Typical email response time is 2 to 3 hours. Their customer service agents were rated as courteous and helpful.
Evaluate the advantages of playing HTX from experts
The following are the advantages of HTX exchanges as assessed by experts:
- The HTX exchange offers a diverse range of cryptocurrencies and high liquidity.
- Using HTX Token helps reduce transaction fees, participate in IEOs on FastTrack and Prime, and have the opportunity to receive HPT (similar to Staking).
- The process of buying/selling USD coins is quick and convenient.
- HTX provides insurance support in case customer accounts are compromised
Detailed instructions for HTX connect
To get started, click “Spot” at the top of the screen in the “Trade” section.
Then you need to find and select the trading pair you want to work on. We will take the example of the BTC/USDT pair.
Now, let’s learn how to place a limit order:
Limit order on HTX
In this type of order, you will set the buy or sell price according to your wishes. Enter the amount of BTC you want to buy or sell, then click “Buy BTC” or “Sell BTC” to place your order.
When someone else places an order with a price that matches the price you specified, your order will be filled and the transaction will be executed.
How to play HTX with Market orders
Market orders do not require you to set the buy or sell price yourself. Instead, it will buy or sell instantly at the current market price. Enter the amount of BTC you want to buy or sell, then select “Buy BTC” or “Sell BTC”. The order will be matched immediately when someone else places a buy or sell order at the market price.
Make money on HTX with Stop – Limit orders
Stop – A limit order is a type of order that combines a limit order and a stop order. This type of order is executed when the market reaches a specific, predetermined price level. When this happens, your order will automatically become a Buy with a limit or Sell with a limit order at the previously specified price (the price you predicted).
>>See more: Detail instructions on how to HTX login most accurately
Conclude
The above article has detailed instructions on HTX Connect. The HTX exchange has high liquidity and security. This makes transactions convenient and secure. This is the leading exchange in Crypto worthy of investors’ consideration. In addition to trading directly on the exchange’s website, you can also conveniently place buy and sell orders on the HTX wallet app. Specifically, how to use the HTX app and download it to your device will be shared by Crypto Trading in the next article, so remember to follow along!
FAQ
How are Market Orders and Limit Orders different on HTX?
- Market Order will buy or sell at the current market price. Doesn’t matter what price you set.
- Limit Order allows you to set the buy/sell price at the price you desire. The order is only executed when the market reaches that price.
How to cancel an order on HTX?
To cancel an order, go to “Order History” and select the order you want to cancel. You can then choose the option to cancel the order.
How to use advanced trading features on HTX?
HTX offers many advanced trading features. Such as leveraged trading, Stop-Limit orders, derivative contracts, and many other features. To use it, you need to learn specifically about each feature and become familiar with how to use it on the exchange.