HUOBI

    Huobi, now known as HTX, is one of the world’s leading cryptocurrency exchanges. Founded in 2013 by a former Oracle engineer named Leon Li known as God Leo in the crypto space, Huobi first began in China before moving out of China, owing to China’s crypto exchange ban in 2017.

    History and Background

    2023 saw HTX (former Huobi) rebrand as a 10th anniversary mark, as H for Huobi, T for TRON where it provides support on, and X for exchange. Over 700 cryptocurrencies and 10 million users are using the platform from over 160 countries.

    Global presence

    It has offices in Hong Kong, South Korea, Japan and the U.S., but can’t operate in the U.S. or mainland China.

    Why Huobi is a top exchange

    With high liquidity, a wide range of trading tools, and strong security protocols, HTX is a go-to platform for both casual and advanced traders.

    Key Features of Huobi

    • Supports 700+ cryptocurrencies including BTC, ETH, and altcoins
    • Spot, futures, margin, and options trading
    • Native token (HT) for fee discounts, rewards, and governance
    • Advanced security protocols like Proof of Reserves, cold storage, and 2FA
    • Global access in 160+ countries with multi-language support
    • HTX Earn for passive income via staking, lending, and liquidity mining
    • NFT Marketplace for digital collectibles
    • HTX Learn for educational content and crypto tutorials
    • User-friendly mobile and desktop apps

    Getting Started on Huobi

    Creating an account (step-by-step)

    • Visit the HTX registration page
    • Enter your email, create a password, and verify your email

    KYC Verification

    • Upload a government-issued ID and proof of address
    • Required for fiat deposits/withdrawals and higher withdrawal limits

    Enable security features

    • Activate 2FA via Google Authenticator or SMS
    • Set up an anti-phishing code for added protection

    Dashboard overview

    The interface includes access to your wallets, spot trading, earn section, and more.

    Funding Your Huobi Account

    Depositing crypto

    • Generate a deposit address from your HTX wallet
    • Select the correct blockchain (e.g., ERC20, TRC20, BEP20)

    Depositing fiat

    • Supported in selected regions via bank transfer, card, or P2P
    • KYC is mandatory

    Stablecoin deposits

    • Deposit USDT, USDC, and other stablecoins for quicker and stable funding

    Important tip:

    Always double-check addresses and blockchain networks to avoid loss of funds.

    Buying and Selling Crypto

    Using Buy Crypto options

    • Quick Buy with credit/debit card
    • P2P trading with local users and payment methods

    Trading on the Spot Market

    • Choose between market, limit, or stop-limit orders

    Pro tip:

    Use limit orders to control the price at which you buy/sell crypto.

    Other options:

    • Margin trading (up to 5x)
    • Futures trading (up to 200x leverage)
    • Options trading for advanced users

    Huobi Wallets Explained

    • Spot Wallet: For spot trading assets
    • Funding Wallet: Manages deposits and withdrawals
    • Earn Wallet: For staking, lending, and Auto-Invest
    • Futures Wallet: Used when trading derivatives
    • Margin Wallet: For leveraged trading

    Transfers between wallets can be done instantly within your account.
     Security: Most funds are stored offline in cold wallets.

    Withdrawing Funds from Huobi

    Crypto withdrawals

    • Select a coin, enter the correct recipient address
    • Choose the right blockchain (ERC20, TRC20, etc.)
    • Confirm with 2FA

    Fiat withdrawals

    • Available in limited regions and require verified bank accounts

    Fees:

    Crypto withdrawals include network fees. Fiat withdrawals may include processing charges.

    Avoid errors:

    Incorrect address or wrong blockchain = unrecoverable loss.

    Huobi Earn: Making Passive Income

    Ways to earn on HTX Earn:

    • Flexible deposits (Auto-Invest): Redeem anytime with daily interest
    • Fixed deposits: Lock assets for higher returns
    • Staking: Earn rewards by locking tokens
    • Lending: Lend crypto and earn interest
    • Liquidity mining: Provide liquidity to earn additional tokens

    Benefits:

    Real-time tracking, full asset control, and daily profits.

    Advanced Features (Optional for Beginners)

    • Futures and Margin Trading with leverage
    • Options Trading for strategic contracts
    • Trading Bots for automated strategies like grid trading
    • API Access for developers and institutional traders
    • Copy Trading: Follow experienced traders’ strategies
    • NFT Marketplace: Explore, buy, and trade NFTs

    Note: These tools are powerful but come with higher risk.

    Huobi Mobile App Overview

    Key features:

    • Trade on-the-go with real-time price updates
    • Wallet access and transfers
    • HTX Earn and staking integration
    • Price alerts and custom notifications
    • Secure login with 2FA and biometrics

    Pros:

    The app is user-friendly and includes nearly all desktop features.

    Safety, Security & Support

    • Proof of Reserves: Transparent and verifiable
    • Cold storage for most funds
    • 2FA and anti-phishing codes for extra protection
    • Multi-signature wallets to prevent single-point failure
    • Support: 24/7 live chat, ticket system, and help center

    Security tips:

    Use strong passwords, avoid phishing emails, and enable all security features.

    Pros and Cons of Using Huobi

    Pros:

    • Huge crypto selection (700+)
    • Advanced trading tools
    • Strong security features
    • Earn passive income
    • Global accessibility

    Cons:

    • Not available in the U.S. or mainland China
    • Trading fees higher than some competitors (0.2%)
    • Can be complex for total beginners
    • Customer support can be slow
    • Crypto withdrawals include network fees

    Huobi for Different User Types

    • Beginners: Clean interface, HTX Learn for tutorials
    • Traders: Advanced tools (margin, futures, options)
    • Investors: HTX Earn for staking and lending
    • NFT Enthusiasts: NFT Marketplace
    • Developers: Full API access for custom trading tools

    Final Thoughts + Useful Resources

    Is HTX right for you?

    If you're in a supported region and want a full-featured platform for trading, staking, and NFTs, HTX is a solid choice. Beginners can ease in with spot trading and HTX Learn before moving on to advanced tools.

    What to explore next:

    • Learn to use HTX Earn
    • Try copy trading or staking
    • Follow market trends via HTX Square

    Resources:

    • HTX Help Center
    • HTX Learn
    • HTX Square
    • HTX Global on X
    • CoinDesk and CryptoNinjas for news & reviews

    Frequently Asked Questions (FAQs)

    1. Is Huobi legal in my country?

    HTX is available in 160+ countries, but not in the U.S. or mainland China.

    2. How long does verification take?

    Verification usually takes a few days, depending on demand and region.

    3. Why is my deposit/withdrawal delayed?

    Possible reasons include blockchain congestion, security checks, or network issues.

    4. Can I recover funds sent to the wrong address?

    In most cases, no. Always verify address and network before confirming.

    5. Huobi vs. other exchanges?

    HTX offers more coins and earning options than many competitors but has slightly higher fees and some regional restrictions.