HTX — known as Huobi until its 2023 rebrand — is one of the oldest cryptocurrency exchanges still operating, launched in 2013. It offers a very wide asset selection, deep liquidity in some markets, and low fees, but its recent history carries real caveats that any honest review must address.
Quick Facts
| Item | Detail |
|---|---|
| Founded | 2013 (rebranded from Huobi to HTX in 2023) |
| Headquarters | Seychelles (global operations) |
| Assets listed | 700+ cryptocurrencies |
| Availability | Many countries — not available in the US |
| Best for | Experienced traders seeking wide altcoin access |
Trading Fees
HTX uses a competitive tiered maker-taker model, with discounts for holders of its HT token.
| Market | Maker | Taker |
|---|---|---|
| Spot | ~0.20% | ~0.20% |
| Derivatives | ~0.02% | ~0.05% |
Security and Regulation
HTX has a long operating history but a mixed recent security record: in late 2023 it suffered hot-wallet and related ecosystem exploits that drained tens of millions of dollars, which the exchange covered. Since around 2022 the platform has been closely associated with Justin Sun, a polarising figure whose involvement raises governance and transparency questions for some users. Regulation is light. Treat HTX as a trading venue, not a place to store long-term holdings.
Key Features
- Wide asset range — 700+ tokens, including many small-cap altcoins.
- Derivatives — perpetual and futures markets.
- Earn products — staking and yield options.
- HT token — fee discounts and ecosystem perks.
Pros and Cons
Pros
- Long operating history as Huobi
- Very wide altcoin selection
- Low fees and deep liquidity in some pairs
Cons
- Security incidents in 2023
- Close association with Justin Sun raises governance questions
- Declined from its peak as Huobi
- Not available in the US; light regulation
Verdict
HTX offers wide access and low fees, but its recent security and governance issues mean it should be approached with care. It is best used as a trading venue by experienced users, not as long-term storage.
The Currency Analytics rating: 3.4 / 5
The Currency Analytics maintains editorial independence. Ratings reflect our own assessment. This article is informational and not financial advice.