HTX Review: Is This Crypto Exchange Safe or Just Another Risk?

When you hear HTX, a cryptocurrency exchange that started as HotBit and rebranded to compete with giants like Binance. Also known as HTX.com, it claims to offer low fees, high liquidity, and a wide range of trading pairs. But does it deliver—or is it just another platform hiding behind flashy marketing? The crypto world is full of exchanges that sound impressive until you dig into their security, transparency, or customer support. HTX is no exception.

What makes HTX stand out—or fall apart—is what it doesn’t say. Unlike regulated exchanges like Kraken or Coinbase, HTX doesn’t publish clear audit reports, doesn’t disclose where user funds are held, and has no public legal entity in major jurisdictions. That’s not just risky—it’s common for platforms that rely on hype over trust. Meanwhile, crypto exchange security, the practice of protecting user assets through cold storage, multi-sig wallets, and regular audits is what separates real platforms from the rest. HTX doesn’t make that easy to verify. And when you look at its history, it’s had multiple incidents of delayed withdrawals and unexplained downtime, especially during market spikes. That’s not normal behavior for a trustworthy exchange.

Then there’s the user experience, how easy it is to trade, deposit, withdraw, and get help when something goes wrong. HTX has a dense interface that feels outdated compared to modern platforms like Bybit or KuCoin. Its mobile app is clunky, customer support responds slowly, and there’s no clear path to escalate issues. If you’re trading small amounts or experimenting, maybe it’s tolerable. But if you’re holding serious funds, you want more than just a trading terminal—you want accountability.

What’s missing from HTX’s story is proof. No independent security audits. No transparent reserve proofs. No clear regulatory status. Meanwhile, platforms like Bitstamp and Kraken publish monthly attestations from top firms like Grant Thornton. HTX doesn’t. And in crypto, where trust is the only currency that matters, that silence speaks louder than any marketing slogan.

Below, you’ll find real user experiences, comparisons with other exchanges, and breakdowns of hidden risks you won’t find on HTX’s homepage. We’ve dug into the claims, checked the transaction history, and talked to traders who’ve been burned. This isn’t a promotional piece. It’s a warning—and a guide to what you should really look for before you deposit a single dollar.