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On September 13, 2023, Huobi announced its rebranding to HTX, signifying a new global presence. “H” represents Huobi, “T” signifies a commitment to TRON, and “X” indicates the exchange. HTX also celebrates its 10th anniversary with a slogan, “HTX, Just Trade It”. The mission is to create a metaverse free port aimed at achieving financial freedom for 8 billion people, focused on global expansion, thriving ecosystems, and security. HTX plans to enter new markets while keeping ahead of crypto developments and providing diverse products. Partnerships with public chains like TRON and stablecoin projects will support a collaborative ecosystem.
HTX intends to empower the community by allowing members to choose assets for listing, prioritizing quality and timeliness. This includes collaboration with mainstream ecosystems and enhancing core products. HTX is committed to sustainable decentralization, minimizing risks associated with centralized trading, and ensuring asset security. A decentralized custody system will distribute user assets, alongside continuous customer service. Updates regarding asset proof and liquidity funds will be provided regularly.
HTX is a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. HTX serves customers including institutions, market makers, brokers, and individual users, in over 160 countries across five major continents. The platform supports over 700 virtual assets, with over $4 billion daily trading volume and 45+ million registered users. Its offers spot trading, futures trading, margin trading, earn products, custody services, trading bots, and more, with a 24/7 access to several channels for contacting the support service. HTX’s vision is to “Achieve Financial Freedom for 8 Billion People on Earth”. As a world-leading gateway to Web3, HTX’s growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins its commitment to providing quality services and values to virtual asset enthusiasts worldwide.
Who Are the HTX Founders?
Huobi Global, HTX’s predecessor, was founded in 2013 by Leon Li in Beijing, who graduated from Tsinghua University in 2013 with a degree in Automation. Prior to Huobi Global, Li worked as a computer engineer at Oracle Corporation, one of the largest US-based software companies. In September 2022, Huobi Global rebranded to HTX. The HTX Global Advisory Board guides HTX’s strategies and development and boosts HTX’s global development. The members include H.E. Justin Sun, founder of TRON, Ted Chen, CEO of About Capital Management (HK) Limited, Du Jun, co-founder of HTX, Leah Wald, CEO of Valkyrie Investments, and more.
Where Is HTX Located?
The company is based in Seychelles, with offices in Hong Kong, South Korea, Japan and the United States.
HTX Restricted Countries
Users from the following jurisdictions are prohibited from using all services: Mainland China, the United States of America, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Hong Kong China and Singapore. Users from the following jurisdictions are prohibited from trading in derivatives: Taiwan China, Israel, Iraq, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, Sevastopol, Spain, the United Kingdom (retail users only) and New Zealand.
What Coins Are Supported on HTX?
More than 700 digital currencies and tokens are available on the exchange, including the most popular ones: BTC, DOGE, ETH, LTC, XMR, HTX, USDT, and more.
How Much Are HTX Fees?
HTX has a tiered fee structure, so trading fees depend on the level of each user. The platform charges a base maker and taker fee of 0.2%. Users can reduce fees with HTX or TRX deduction.
Is It Possible To Use Leverage or Margin Trading on HTX?
Margin trading is available on HTX for various cryptocurrencies, which allows users to borrow funds to trade with leverage up to 5X for cross margin. Interest rates are calculated on an hourly basis. Users can also trade crypto futures for Bitcoin, Ethereum, and more contracts, with leverage of up to 200X.
