What is HTX? General overview of HTX exchange

What is HTX? General overview of HTX exchange

What is HTX exchange? Is the HTX exchange reputable in the Crypto market? These are common questions that many investors wonder about. HTX is a Crypto exchange known to investors for the variety of products and services it provides. Let’s join Crypto Trading to learn more about the reviews for the HTX exchange!

Evaluate and learn the concept of What is HTX exchange.

What is the concept of the What is HTX? What are the outstanding advantages of the What is HTX exchange? All these issues will be answered by Crypto Trading right after this.

Review of Huobi Group in the world

Huobi Exchange is a well-known corporation in the digital field. In 2013, Huobi Group was established. Huobi not only focuses on the cryptocurrency trading sector. This corporation also aims to expand in the field of blockchain technology, community chains, and electronic wallets.

Evaluate and learn the concept of What is HTX exchange.
Evaluate and learn the concept of What is HTX exchange.

This is aimed at building a new ecosystem for the digital economy. In April 2014, the group reached a trading volume milestone of 20 billion USD. Along with that, the Huobi Korea campaign was initiated. The group has cooperated with Institutes of Technology to build a new platform for the digital economy.

The concept of What is HTX exchange?

The HTX exchange platform is based on the Huobi Group. This is one of the top Crypto exchanges today. It originated in China but later moved to Seychelles. This is with the aim of legalizing compliance with the world’s regulations on cryptocurrency trading.

Up to now has been present in many countries such as Japan, Thailand, Korea, … The HTX exchange provides investors with more than 500 types of digital assets. Including famous cryptocurrencies such as BTC, ETH, LTC, …. to Altcoins that have just been ICO on the market. The exchange has a reserve fund of up to 20,000 BTC to ensure liquidity and safety when investors trade.

What are the advantages of the What is HTX exchange?

HTX is considered a highly liquid exchange thanks to its 20,000 BTC reserve fund. At the same time, the exchange’s investor is also a person with solid experience in operating trading platforms. Similar to other exchanges, it also launched HTX coin tokens exclusively for its platform.

What are the advantages of the What is HTX exchange?
What are the advantages of the What is HTX exchange?

HTX has developed various trading functions such as margin, options, OTC, and futures contracts with the main purpose of meeting the needs of investors. The exchange also supports investors to trade on multiple platforms from iOS and Android operating systems. Along with that is the sub-account function that helps users manage multiple accounts effectively. HTX’s trading platform supports many languages, creating convenience for investors around the world.

See more: Open HTX account on computer quickly

Evaluate the products and services of the HTX exchange

Currently, the products on the HTX exchange are not limited to trading cryptocurrency pairs. In addition to trading digital currencies, users can also participate in buying and selling futures contracts, margins, and many other products. The choice of trading form will depend on the specific goals and profit needs of each investor. 

The HTX platform does not only provide traditional transactions like some other exchanges. So what are the other services of the What is HTX exchange? It is expanding to activities such as hunting tokens through Airdrop projects, stake coins, and Primepool, … This is for the purpose of allowing investors to earn profits flexibly. With these flexible forms of profit-making alone, investors have also highly appreciated.

Evaluate the products and services of the HTX exchange
Evaluate the products and services of the HTX exchange

Transaction fees of HTXs with investors

Investors when participating in any Crypto exchange must pay a transaction fee to the exchange. Depending on each exchange, there will be different fee levels.

Transaction fees of spot trading HTX coin

HTX offers different payout levels for regular investors. The transaction fee is 0.2% per transaction when users pay with currencies other than HTX tokens. The fee ranges from 0.07% to 0.18% for professional investors. Professional investors are those who have more than 1000 BTC.

Futures Transaction Fee HTX Coin

When trading futures contracts, investors will have two fees. The first is the fee for investors who close or open maker positions and 0.02%. For investors who open or close taker positions, it is 0.04%. When trading futures contracts, the HTX only applies two fees for makers and takers.

What is the token of the What is HTX exchange?

Similar to Binance launching the BNB token. It has also launched the HTX token on the market.

Review of the token of the HTX exchange

The HTX token was launched for the purpose of governance. In addition, when investors use the HTX token, they will also have more incentives when trading. Investors can completely upgrade their account level to a higher level. Fees when trading spot on the system will be reduced. Investors who own the HTX token can also participate in the promotion programs organized by the HTX. Own products and experience using projects that have not been announced to the outside. In general, owning the HTX token is quite beneficial for investors.

See more: HTX exchange – Instructions for open an HTX account

General review of the HTX exchange token
General review of the HTX exchange token

Instructions for P2P transactions on HTX

Step 1: On the HTX’s homepage, investors select “P2P” on the “Buy Crypto” toolbar: https://www.htx.com

Step 2: Select the legal currency USD to trade.

Investors choose the legal currency USD to trade.
Investors choose the legal currency USD to trade.

Step 3: Choose the transaction form that suits the investor’s requirements.

Choose the form of transaction that suits the investor's requirements.
Choose the form of transaction that suits the investor’s requirements.

Step 4: Transfer money to the bank account number with the transaction party. Then select “I’ve paid” to wait for the transfer and release coins to your wallet.

Transfer money to the bank account number with the transaction party
Transfer money to the bank account number with the transaction party

Conclude

Above is all the information to help investors answer the question: What is HTX exchange? With the above information and evaluation, investors can see that it is a completely reputable and worthy exchange to trade. It has increasingly developed and updated many products and services. That purpose is to provide investors with the best products. Hopefully, with the above information, investors will have a more general and positive view. Don’t forget to follow Crypto Trading to learn more about Crypto trading knowledge!

FAQs

Does the HTX Exchange currently support the English language?

Currently, the HTX platform supports many languages, including English.

When participating in transactions, should I use 2FA two-layer security?

Using 2FA 2-layer security will help investors protect their accounts. This limits problems related to account hacking. Or even personal information disclosure.

What time period does the HTX Exchange operate?

The HTX exchange operates 24/7 to serve investors around the world. This allows investors to contact the exchange for timely support when encountering problems.

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