
HTX Coinmarketcap trading experience is quite impressive, with a strong presence in the market. It's listed on Coinmarketcap, a reputable platform for tracking cryptocurrencies.
HTX Coin's market position is solid, with a ranking of # in the cryptocurrency market. It's a testament to the project's growing popularity and adoption.
In terms of trading volume, HTX Coin has consistently shown a significant increase in recent months, with a notable surge in trading activity. This growth is a promising sign for investors and traders alike.
As a result, HTX Coin's market position continues to strengthen, making it an attractive option for those looking to diversify their portfolios.
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Trading Features
Trading on HTX offers a range of features that can enhance your trading experience.
Margin trading is available on HTX, allowing users to borrow funds to trade with leverage up to 5X for cross margin. This means you can amplify your trades and potentially increase your profits.
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Users can also trade crypto futures for Bitcoin, Ethereum, and more contracts, with leverage of up to 200X. This is a powerful tool for experienced traders looking to make big moves.
HTX also offers a variety of cryptocurrencies to trade, with a focus on popular assets like Bitcoin and Ethereum.
For another approach, see: Where Can You Trade Bitcoin Futures in America
Supported Coins
The HTX exchange offers an impressive selection of supported coins, with over 700 digital currencies and tokens available to trade. This includes some of the most popular ones like BTC, DOGE, ETH, LTC, and XMR.
HTX also supports USDT, a popular stablecoin, which can be useful for traders looking to minimize risk. The exchange's wide range of supported coins makes it a great option for traders with diverse portfolios.
You can trade with confidence knowing that the most popular coins are available on the exchange, including HTX itself.
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HTX Fees
HTX Fees are a crucial aspect to consider when trading on the HTX platform. The platform charges a base maker and taker fee of 0.2%.
This fee structure is tiered, meaning that trading fees depend on the level of each user. Users can reduce fees with HTX or TRX deduction.
HTX offers a way to lower trading fees, making it a more cost-effective option for frequent traders.
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Is Leverage or Margin Trading Possible on HTX?
Yes, margin trading is available on HTX for various cryptocurrencies.
Margin trading allows users to borrow funds to trade with leverage up to 5X for cross margin.
Users can also trade crypto futures for Bitcoin, Ethereum, and more contracts, with leverage of up to 200X.
This means you can potentially amplify your trades, but be aware that leverage can also increase your potential losses.
To give you an idea of the leverage options, here's a quick rundown of the available leverage for crypto futures:
Keep in mind that interest rates are calculated on an hourly basis.
Exchange Rankings and Market Position
HTX, once known as Huobi, ranks in the top 20 crypto exchanges by trading volume, with an average of US$1.6 billion in the past 24 hours.
Its reserves are comprised of various digital assets, with Bitcoin making up about 33 per cent of its holdings.
TRX, the token from the Tron blockchain, accounts for around 32 per cent of HTX's reserves, making it a significant portion of its assets.
HTX's exchange coin HT accounts for 14 per cent, followed by stUSDT, a Sun-backed token, which makes up 12 per cent of its reserves.
The Securities and Exchange Commission has accused Sun, the founder of HTX, of market manipulation to make TRX appear actively traded.
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Frequently Asked Questions
How much is HTX worth?
As of today, HTX DAO is worth ₹0.0002117. Its current value is 17.5% higher than it was 7 days ago.
How much is a HTX Dao in dollars?
The current value of HTX DAO is approximately $0.05. You can exchange 1 HTX for this amount in USD.
Where is HTX based?
HTX is based in Seychelles, with a global presence through offices in China, Hong Kong, South Korea, Japan, and the United States. It has a significant international footprint, with a publicly listed company in Hong Kong.
Sources
- https://p2p.army/en/cc/markets/huobi
- https://coinmarketcap.com/exchanges/htx/
- https://www.financialexpress.com/business/digital-transformation-crypto-exchange-htx-hit-by-258-million-outflow-after-hack-3335451/
- https://www.businesstimes.com.sg/companies-markets/crypto-exchange-htx-hit-us258-million-outflow-wake-hack
- https://disruptafrica.com/2024/05/22/solana-meme-coin-sloth-lists-on-htx-binance-listing-possible-next-move/
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