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HTX (cryptocurrency exchange)

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HTX is a global cryptocurrency exchange formerly known as Huobi, offering spot and derivatives trading in digital assets.

Last updated November 4, 2026

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Overview

HTX is a privately held cryptocurrency-exchange brand formerly known as Huobi. Established in 2013 by Li Lin, the business developed from a China-founded digital-asset trading platform into an internationally oriented exchange operating under the HTX name. Its service proposition centers on access to cryptocurrency markets, including spot trading and derivatives-related products, with the official website presenting the platform as a venue for trading Bitcoin, Ether, XRP, HT and hundreds of other alternative cryptocurrencies. The Huobi name became closely associated with the early development of China's cryptocurrency-exchange sector. As the regulatory environment for cryptocurrency trading in mainland China changed, the business expanded and reorganized its operations outside China, serving users through an international structure. The brand subsequently adopted the HTX name as part of a broader rebranding, while continuing to use Huobi as an important historical alias and legacy identifier. HTX's core role is that of a multi-asset digital-asset marketplace. Depending on jurisdiction and product availability, users may encounter spot-market services, leveraged or futures products, options or other derivatives, asset-management and earning features, and related cryptocurrency services. The exact products available to a customer can vary by country, regulatory restrictions, account status and changes to the platform's product catalogue. The exchange's public positioning emphasizes broad token coverage and access to major assets such as BTC and ETH alongside a large selection of altcoins. The company is headquartered in Seychelles according to the supplied company profile and is privately held rather than a publicly traded exchange operator. It operates in a sector characterized by rapid changes in regulation, technology, liquidity and consumer risk. Consequently, HTX's brand identity combines the recognition of the former Huobi name with the international positioning of the newer HTX brand. The available reference material confirms the exchange's current website and its broad cryptocurrency-trading proposition, but does not provide reliable public detail for current executives, audited financial results, market share, exact incorporation structure or a complete chronology of every product and regulatory development.

History

HTX began in 2013 under the Huobi name, founded by Li Lin. Its early development took place during the formative period of cryptocurrency exchanges, when centralized platforms served as primary gateways between traditional currency and digital assets. Huobi became associated with cryptocurrency trading in China and established recognition among users seeking access to Bitcoin and other digital currencies. The regulatory environment for cryptocurrency exchanges in mainland China changed substantially during the company's development. In response to those conditions, the business expanded its international presence and shifted its operating focus beyond mainland China. The resulting organization served users through overseas operations and a broader international brand structure rather than relying solely on its original China-market identity. The supplied company profile identifies Seychelles as the current headquarters location, although the available reference does not provide a detailed legal-entity map for the group. Over time, the Huobi business broadened beyond basic spot trading. Its exchange proposition came to include markets for major cryptocurrencies and alternative tokens, together with derivatives-oriented offerings such as futures and options where available. The official website describes HTX as a major Bitcoin and altcoin exchange and lists access to BTC, ETH, XRP, HT and more than 600 alternative cryptocurrencies. Product availability is not necessarily uniform across countries, since digital-asset services are affected by local law, platform policy and risk controls. The brand later adopted the name HTX. This rebranding separated the current international-facing identity from, while retaining continuity with, the Huobi legacy. Huobi remains a significant alias for the business and is useful when interpreting older references to the exchange. Under HTX, the platform continues to present itself as a global cryptocurrency marketplace rather than a conventional securities exchange or bank. Publicly available material supplied for this entry is limited. It supports the 2013 founding date, Li Lin's founder role, the Huobi-to-HTX continuity, the Seychelles headquarters profile and the exchange's stated trading scope. It does not reliably establish a complete list of corporate entities, current senior management, detailed ownership arrangements, financial performance, market-share rankings or a fully sourced chronology of rebranding and product launches. Those areas require further verification before being added to an encyclopedia record.

  • 2013

    Huobi is founded

    [1]

    Li Lin founded the cryptocurrency-exchange business that later became associated with the HTX brand.

  • International expansion and brand transition

    [1]

    The business developed an international operating focus and later adopted HTX as its principal public-facing brand, retaining Huobi as a historical alias.

Products and positioning

An internationally oriented, broad-assortment cryptocurrency exchange for users seeking spot markets and related digital-asset trading products.

  • Cryptocurrency exchange

    HTX Exchange Platform

    The central HTX platform provides access to digital-asset markets. Its public presentation highlights trading in Bitcoin, Ether, XRP, HT and a broad range of alternative cryptocurrencies. Depending on jurisdiction and product eligibility, the platform may include spot markets and related trading functions. The precise catalogue and availability can change as the exchange adjusts to regulatory, operational and market conditions.

  • Digital-asset derivatives

    Cryptocurrency derivatives

    HTX has been described in the supplied profile as offering futures, options and other derivatives-related cryptocurrency trading services. These products are designed for users seeking leveraged or contract-based exposure rather than simple purchase and custody of spot assets. Availability, leverage, asset coverage and user eligibility depend on the applicable jurisdiction and the exchange's current rules.

Controversies

  • 2026

    HTX settles FCA enforcement case

    HTX reached a settlement with the UK Financial Conduct Authority over alleged unlawful promotion of its services to UK consumers. A High Court undertaking bars HTX from knowingly making unlawful promotions of cryptoasset services to UK consumers. The settlement terms are confidential and do not constitute an admission of wrongdoing by HTX.

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Recent events

  • Unconfirmed

    Reported

    HTX exits the UK market[2]

    HTX has fully exited the UK market. UK users can no longer deposit funds, new users cannot register, and existing users are instructed to withdraw their assets.

  • Reported

    HTX settles FCA enforcement case[2]

    HTX reached a settlement with the UK Financial Conduct Authority over alleged unlawful promotion of its services to UK consumers. A High Court undertaking bars HTX from knowingly making unlawful promotions of cryptoasset services to UK consumers. The settlement terms are confidential and do not constitute an admission of wrongdoing by HTX.

  • Reported

    Gettrc announces planned cloud-mining platform with Binance and Huobi[3]

    Gettrc announced that it would jointly launch a digital currency cloud-mining platform with Binance and Huobi; the source describes the launch as a future plan.

  • Reported

    Huobi DeFi Labs announces the Global DeFi Alliance[4]

    Huobi DeFi Labs announced the launch of the Global DeFi Alliance with founding participants including Huobi, the Maker Foundation, Compound, NEST communities, and dYdX. The alliance is intended to advance DeFi research and development, promote best practices, and facilitate cross-border collaboration.

  • Reported

    Huobi launches DeFi Labs[5]

    Huobi launched Huobi DeFi Labs, an initiative focused on research, investment, and incubation of decentralized finance projects.

  • Reported

    Huobi Institution launches asset management platform and custody services[6]

    Huobi Institution announced the launch of a digital asset management platform and custody services for institutional users.

  • Reported

    Huobi launches Huobi Lite app[7]

    Huobi launched Huobi Lite, a mobile cryptocurrency trading app aimed primarily at Southeast Asian markets.

  • Reported

    Huobi launches Huobi Brokerage[8]

    Huobi launched Huobi Brokerage, a crypto brokerage platform marketed toward institutional clients and high-net-worth individuals, at the annual Davos forum in Switzerland.

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