Plain English
HTX (formerly Huobi Global) is a crypto exchange founded in 2013 in China, rebranded to HTX in 2023. Operates in Seychelles after exiting mainland China in 2021. Justin Sun (founder of TRON) holds significant influence over operations. Maintains regional presence across Asia-Pacific.
How it actually works
Spot fees are 0.2%/0.2% maker/taker, lower for high-volume users and HT (Huobi Token) holders. Offers spot, futures, options, copy trading, and a launchpad. Proof-of-reserves is published; the exchange has not had a major confirmed hack in its history. Limited in major Western markets.
What it means for you
HTX is a deep-liquidity venue particularly strong in Asian markets. For Western HNW users, more regulated alternatives are typically preferred unless specific Asian altcoin pairs are needed. Verify your jurisdiction before opening an account.
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Educational content only. Not investment, tax, or legal advice.