HTX Review: Fees, KYC, local currency and P2P
A review of HTX, one of the leading exchanges. Rates for popular trading pairs and crypto trading tools: spot trading and P2P. Trading fees and limits.
24h volume, $
949,294,083
Liquidity score
280
Fiat on-ramp
Maker
0.2%
P2P trading with local currency on HTX
HTX supports a P2P market with local currency (AED). For local users, this is the main way to deposit and withdraw fiat — direct card deposits from sanctioned local banks are unavailable.
AED support
local banks, a local e-wallet, a local e-wallet
Escrow protection
Cryptocurrency is frozen until payment is confirmed
Main fiat channel
Direct deposits with local cards are unavailable — P2P is used instead
KYC required
P2P is available after verification
KYC and verification on HTX
HTX requires verification for P2P and higher limits. Levels:
LevelRequirementsAccess/limits
No KYCEmail/phoneBasic access is limited
BasicPassportTrading, P2P, withdrawals
AdvancedAdditional verificationHigher withdrawal limits
Reviews and verdict: is HTX worth using?
Pros
- One of the oldest players on the market — operating since 2013
- Local currency P2P (local banks, a local e-wallet, a local e-wallet)
- Operates in your country without special restrictions
- 500+ pairs: spot, margin, futures and swaps
- Fee discounts for holding the HT token
Cons
- Direct deposits with local cards are unavailable — P2P only
- Not legally licensed in your country
- Base spot fee is above average (0.2%)
- KYC is mandatory for P2P and full access
Bottom line: HTX (formerly Huobi) is a veteran exchange with local-currency P2P and a full suite of instruments, accessible to local users. The downsides are the lack of direct local bank card deposits, a higher base fee and the absence of a local license.
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