Cryptocurrency trading has become increasingly accessible, and platforms like HTX (formerly known as Huobi) offer powerful tools for both new and experienced traders. This comprehensive guide walks you through everything you need to get started with the HTX spot market, from account verification to executing your first trades using market orders, limit orders, and stop-loss strategies.
Whether you're looking to buy Bitcoin, trade altcoins, or simply explore one of the world’s leading crypto exchanges, this tutorial is designed to help you navigate HTX with confidence.
Getting Started on HTX
Before diving into trading, you’ll need to set up and verify your account. Verification ensures compliance with global regulations and unlocks full platform functionality.
Step 1: Account Verification
To begin, visit the HTX website and complete the registration process by providing your email address and creating a secure password. After registration, proceed to identity verification (KYC). This typically involves uploading a government-issued ID (such as a passport or driver’s license) and completing a live selfie check.
Verification can take anywhere from a few minutes to 24 hours, depending on volume. Once approved, you'll gain access to higher withdrawal limits and advanced trading features.
👉 Discover how easy it is to start trading securely on a top-tier exchange.
Step 2: Enable Two-Factor Authentication (2FA)
Security is critical when managing digital assets. After verification, bind Google Authenticator to your HTX account for an added layer of protection. Navigate to “Security Settings,” select “Google Authenticator,” and scan the QR code using the app. From now on, every login will require a time-based verification code.
Never share your 2FA codes or recovery phrases with anyone—this is the key to protecting your funds.
Funding Your HTX Account
You can fund your HTX account in two primary ways: buying crypto with fiat currency or depositing existing cryptocurrencies.
Buying Crypto with Fiat
HTX supports multiple fiat-to-crypto purchase options via bank transfer, credit/debit card, or third-party payment providers. To buy crypto:
- Click on "Buy Crypto" in the top menu.
- Select your preferred fiat currency (e.g., USD, EUR).
- Choose a supported cryptocurrency (BTC, ETH, SOL, etc.).
- Enter the amount and complete the transaction.
Fees vary based on payment method and region, so compare options before confirming.
Depositing Cryptocurrency
If you already own crypto, depositing to HTX is simple:
- Go to Assets > Deposit.
- Search for the cryptocurrency you want to deposit (e.g., BTC).
- Copy the provided wallet address or scan the QR code.
- Send funds from your external wallet.
Always double-check addresses and network compatibility (e.g., ERC-20 vs. TRC-20) to avoid irreversible losses.
Exploring the HTX Spot Market
The spot market allows you to instantly buy or sell cryptocurrencies at current market prices. It's ideal for beginners due to its simplicity and transparency.
Understanding Market Types and Pairings
On HTX, trading pairs are displayed in formats like BTC/USDT or ETH/BTC. The first currency is the base asset; the second is the quote currency.
- USDT pairs: Most popular due to stablecoin pricing.
- BTC pairs: Used for direct crypto-to-crypto trades.
- Other stablecoins: Include BUSD, FDUSD, and more.
You can filter markets by category (e.g., new listings, high volume) or search for specific coins.
Navigating the User Interface
The HTX trading interface may seem overwhelming at first, but it’s logically organized:
- Order Book: Displays real-time buy (bids) and sell (asks) orders.
- Price Chart: Visualizes price movements over time.
- Trading Panel: Where you place orders—market, limit, or stop-loss.
- Open Orders & Trade History: Track active positions and past transactions.
Take time to explore each section without placing trades until you’re comfortable.
Executing Trades on the Spot Market
Now that your account is funded and you understand the layout, let’s execute trades.
Using Market Orders
A market order buys or sells immediately at the best available price.
Steps:
- Select the trading pair (e.g., BTC/USDT).
- In the trading panel, choose “Market.”
- Enter the amount of crypto or fiat you wish to trade.
- Confirm the order.
Pros: Fast execution
Cons: Slight price slippage possible during volatility
Placing Limit Orders
A limit order allows you to set a specific price at which you want to buy or sell.
Steps:
- Choose “Limit” in the trading panel.
- Set your desired price and quantity.
- Submit the order—it executes only when market price reaches your level.
Pros: Price control
Cons: No guarantee of execution
👉 Learn how professional traders use precision order types to maximize returns.
Setting Up a Stop-Loss Order
While HTX’s spot market doesn’t natively support stop-loss orders like futures platforms, you can simulate them using conditional orders or OCO (One Cancels the Other) strategies if available.
Alternatively, consider using external tools or switching to HTX’s futures market for automated risk management.
A stop-loss helps protect against sudden downturns—especially important in volatile markets like crypto.
Understanding Fees on HTX
HTX uses a tiered fee structure based on your 30-day trading volume and HT token holdings.
- Standard trading fee: Around 0.1% per trade.
- Discounts: Available for users who hold HT tokens or have high-volume activity.
- Withdrawal fees: Vary by cryptocurrency and network load.
Always review fees before confirming transactions to avoid surprises.
Tips and Best Practices for New Traders
- Start small: Test the platform with minimal funds.
- Use test orders: Practice reading charts and placing trades without risk.
- Stay updated: Follow official HTX announcements for maintenance or new features.
- Avoid emotional trading: Stick to a strategy and use risk management tools.
- Keep records: Track trades for tax reporting and performance analysis.
Frequently Asked Questions (FAQ)
Q: Is HTX safe for beginners?
A: Yes, HTX implements strong security protocols including cold storage, two-factor authentication, and regular audits. However, always practice personal security hygiene like using unique passwords and enabling 2FA.
Q: Can I trade without verification?
A: You can perform limited actions without KYC, but full functionality—including withdrawals above certain limits—requires identity verification.
Q: What cryptocurrencies are available on HTX spot market?
A: HTX supports hundreds of coins including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Binance Coin (BNB), and emerging altcoins across various sectors like DeFi and AI.
Q: How long do deposits take?
A: Deposit times depend on blockchain congestion. Most deposits confirm within 10–30 minutes. Stablecoins often process faster than Bitcoin or Ethereum.
Q: Does HTX offer customer support?
A: Yes, HTX provides 24/7 customer service via live chat, email, and an extensive help center with guides and troubleshooting articles.
Q: Can I use mobile apps for spot trading?
A: Absolutely. HTX offers iOS and Android apps with full spot trading capabilities, real-time notifications, and portfolio tracking.
Final Thoughts
HTX remains one of the most robust platforms for spot trading, offering deep liquidity, diverse asset selection, and a user-friendly interface. By following this guide, you’ve taken the essential steps to begin your journey confidently—from verification to executing different order types.
Remember: knowledge is your best tool in crypto trading. Continue learning, stay cautious of scams, and never invest more than you can afford to lose.
👉 Secure your crypto future with advanced tools used by millions worldwide.