HTX Review – Is it Legit? (April 2024)

HTX was originally launched in 2013 under the name Huobi. It was rebranded to HTX in late 2023 and remains one of only a handful of exchanges in China. Starting out small, it has since grown tremendously in size and now operates through several different entities depending on your location. HTX is the parent company that offers trading to most countries around the world with the exception of the US, while they also have dedicated operations in Japan and South Korea.

The cryptocurrency exchange, though, is no longer located in China and has since been incorporated in the Seychelles.

Trust in any financial operation is paramount. This becomes even more key when choosing a cryptocurrency exchange like HTX, given its offshore regulation. In the case of HTX, the information we have to follow starts with the length of time it has been operating in the industry and the reputation it has cultivated. With almost 10 years of experience, this is a positive sign for its operation. It has also established itself in a number of well-known and trusted financial hubs around the world.

The company’s origins as a Chinese exchange may raise eyebrows, and the fact that it has accumulated a mixed bag of reviews from other traders is not particularly helpful. In fact, though, the company seems to be reasonably transparent and secure in its operations. This includes following all AML and KYC procedures where required.

When it comes to system security, it also appears to check all the right boxes. This means providing 2-factor authentication and holding the majority of trader funds, up to 98%, in cold storage for maximum security. It also claims to have an investor protection policy that can help in the event of a hack.

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炒币小能手
awesome
2024-04-07 02:43ReplyLike

HTX Review – Is it Legit? (April 2024)

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