HTX Exchange Review: Features, Pros, Cons (2026)
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HTX (formerly Huobi)

HTX (formerly Huobi) Review

Why choose this provider

  • Wide selection of cryptocurrencies and trading pairs
  • Proof of reserves for transparency
  • Offers staking, lending, and margin trading
  • High liquidity and trading volume

Risk warning: Cryptocurrency is a volatile, high-risk asset class. Prices can fall as well as rise, and you could lose some or all of the money you put in. Custodial providers carry counterparty risk; self-custody puts key security entirely on you. This page is general information, not financial advice.

Review summary

HTX, formerly known as Huobi, is a major centralized crypto exchange that offers a wide range of trading pairs and features. While it provides proof of reserves, it is not available to US users and operates as a custodial platform.

Pros

  • Wide selection of cryptocurrencies and trading pairs
  • Proof of reserves for transparency
  • Offers staking, lending, and margin trading
  • High liquidity and trading volume

Cons

  • Not available to US residents
  • Custodial platform with counterparty risk
  • Past security incidents may concern some users

In practice

HTX, formerly known as Huobi, is a major centralized crypto exchange that offers a wide range of trading pairs and features. While it provides proof of reserves, it is not available to US users and operates as a custodial platform. HTX (formerly Huobi) is custodial, meaning the operator holds the assets backing the product. HTX (formerly Huobi) publishes proof-of-reserves reports, which is worth reading even if you still plan to withdraw to self-custody. HTX (formerly Huobi) does not serve US residents on this product; check regional terms before signing up.

Where it shines

Most satisfied users mention wide selection of cryptocurrencies and trading pairs first, and that matches how we use HTX (formerly Huobi) day to day. The second selling point is proof of reserves for transparency. Power users also cite offers staking, lending, and margin trading.

Watch out for

The friction points are predictable: Not available to US residents, Custodial platform with counterparty risk, and Past security incidents may concern some users. Test with a small balance before you move long-term holdings. Compare total fees on the order types you actually place at HTX (formerly Huobi). Confirm withdrawal limits and supported fiat rails for your bank.

How it compares

One catalogue note worth keeping in mind: WEAKEST-TRUST operating venue: self-attested PoR, Justin Sun/TRON governance concerns, UK FCA litigation + sanctions exposure, 2023 hot-wallet exploits. Warn prominently or exclude. That context matters when you weigh HTX (formerly Huobi) against similar exchange options.

Compare total fees on the order types you actually place at HTX (formerly Huobi). Confirm withdrawal limits and supported fiat rails for your bank.

Catalogue note for HTX (formerly Huobi): WEAKEST-TRUST operating venue: self-attested PoR, Justin Sun/TRON governance concerns, UK FCA litigation + sanctions exposure, 2023 hot-wallet exploits. Warn prominently or exclude. Treat that as background, not a reason to skip your own checks.

Key details

Maker / taker fee Spot 0.20%/0.20%, lower by tier
Supported coins 700+
Fiat on-ramps Card, P2P, third-party
KYC level required
US allowed
Proof of Reserves y - Merkle-tree PoR published
Order-book depth High on majors
Instruments spot, futures, margin, earn

Provider FAQs

Is HTX safe to use?
HTX has implemented proof of reserves and security measures, but as a custodial exchange, it carries inherent risks. Always use strong passwords and enable two-factor authentication.
Can I use HTX in the United States?
No, HTX does not allow users from the United States. You must verify your country's eligibility before attempting to register.
What is the difference between HTX and Huobi?
HTX is the new brand name for Huobi. The rebranding aimed to refresh the platform's image, but the core services and ownership remain largely the same.
Is HTX (formerly Huobi) available to US residents?
No. HTX (formerly Huobi) blocks US persons on this platform. If you are in the US, look for a separate US-facing brand rather than the global site.
Does HTX (formerly Huobi) publish proof of reserves?
Yes. HTX (formerly Huobi) runs proof-of-reserves reporting. Treat it as one transparency signal, not a substitute for withdrawing to a wallet you control.
Does HTX (formerly Huobi) hold my private keys?
Yes. HTX (formerly Huobi) is a custodial exchange, so it controls the keys for assets you leave on the platform. Withdraw to self-custody if you want full control.
What fees should I compare on HTX (formerly Huobi)?
Look at spot trading fees, spread on instant buys, deposit and withdrawal charges, and any inactivity or conversion fees on HTX (formerly Huobi). The cheapest headline rate rarely matches what active traders actually pay.

Bottom line

HTX is a well-established exchange with a strong global presence and a wide array of trading options. Its proof of reserves adds transparency, but the custodial nature and US restriction are key drawbacks. Users should weigh these factors against their own needs and risk tolerance before signing up.

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