Our Verdict
HTX, founded in 2013 and based in Seychelles, is a global cryptocurrency exchange supporting 170+ countries with 700+ tradable assets. It stands out for its low fees, diverse trading tools (staking, copy trading, API integration), and dual-platform accessibility (desktop and mobile). The desktop version caters to advanced traders with features like social trading and bot automation, while the mobile app offers a streamlined interface for beginners.
Pros and Cons
✅ Pros
- Low trading fees (0.2% spot taker/maker).
- 700+ cryptocurrencies with high liquidity for major pairs.
- Advanced tools: Copy trading, bots, derivatives (up to 200x leverage).
- Passive income options: Staking, ETH 2.0, SharkFin.
- Strong security: Proof of Reserves, 2FA, anti-phishing codes.
❌ Cons
- Past security breaches (hacked in 2023, though reimbursed).
- No demo account or sandbox for strategy testing.
- Geographical restrictions on fiat deposits/withdrawals.
Is HTX Right for You?
HTX serves diverse trader profiles:
| Trader Type | HTX Suitability | Key Features |
|-------------------|-----------------|--------------|
| Auto/Copy Traders | ⭐⭐⭐⭐⭐ | Bots, social trading, strategy copying. |
| Derivatives Traders | ⭐⭐⭐⭐ | Futures (100x leverage), options. |
| Day Traders | ⭐⭐⭐⭐ | Low fees, TradingView integration. |
| Casual Traders | ⭐⭐⭐ | Easy P2P trades, mobile app. |
| Hodlers | ⭐⭐⭐ | Staking, crypto loans. |
| Algo Traders | ⭐⭐ | API access but no sandbox. |
👉 Compare HTX fees with other top exchanges
Key Features
🔍 Security & Transparency
- Proof of Reserves for BTC, ETH, USDT, HTX, TRX.
- Licenses: AUSTRAC (Australia), VARA (Dubai).
- Past Incidents: $30M hack in 2023 (fully reimbursed).
💰 Fees & Discounts
- Spot Trading: 0.2% taker/maker (discounted to 0.15% for VIPs).
- Leverage Trading: 0.02%–0.06% for futures.
- Fee Reduction: Hold HTX/TRX for up to 25% discounts.
🌐 Supported Countries
- Available in 170+ countries (excludes US, UK, China).
- Derivatives restricted in Spain, Taiwan, and others.
Trading Experience
🖥️ Desktop
- Advanced Tools: Custom bots, social feeds, derivatives.
- UI: Dense but navigable for experienced traders.
📱 Mobile App
- Simplified Interface: Easier for beginners.
- Features: One-click staking, P2P trading, market alerts.
FAQ
1. Is HTX safe?
Yes, but with caveats. HTX uses Proof of Reserves and has licenses, but its 2023 hack raises caution.
2. Does HTX require KYC?
Yes, with four verification levels for higher withdrawal limits.
3. Can US citizens use HTX?
No. HTX restricts US users due to regulatory hurdles.
4. What are HTX’s withdrawal fees?
Variable by network (e.g., 0.0042 ETH for ERC-20).
5. Does HTX offer bonuses?
Yes, including welcome bonuses and referral rewards.
Final Thoughts
HTX excels in affordability and tool diversity but lags in accessibility and advanced testing features. Ideal for copy traders and derivatives enthusiasts, but casual traders may prefer simpler platforms.
👉 Explore HTX’s staking options
About the Author: Kate Kuzmina is a blockchain economist and trader with a PhD, specializing in exchange reviews since 2017.
Why Trust Us? FXEmpire’s unbiased reviews are based on 200+ data points and a decade of industry expertise.