HTX LearnLearned by 14.4k usersPublished on 2022.10.12 Last updated on 2024.01.25
HTX TutorialContractNFT
13 lessons in total
1. Massive value growth
2. Easy accessibility
3. High security
4. Low fees
5. 24/7 markets
6. Constant industry growth
7. Global market
8. Diversification of risks
9. Privacy
1. Massive value growth
One of biggest reasons why people invest in crypto on HTX is the huge growth of value in the crypto market in the last 10 years. $1,000 invested in Bitcoin 10 years ago is worth about $20 million today. While Bitcoin itself may not see the same growth rates in the future, many new tokens can give returns of 500% or 1,000%. The total market cap of the crypto market grew 6 times between November 2020 and November 2021 from $500 billion to over $3 trillion. Compare this to the NYSE, which has returned about 8% returns on investment every year.
2. Easy accessibility
Crypto exchanges and services like HTX are much more accessible than traditional banks. There are no fees, queues or forms, and you can do it all online and through the HTX mobile app. You only need to provide an email and phone number to create an account, and user ID verification with an appropriate ID document can be completed within days or hours to give you full access to Huobi’s services.
3. High security
HTX is one of the world’s earliest crypto exchanges and has been helping people trade securely since 2013. Our security systems have been effective at preventing hacks and other incidents, and we are proud to say that our users have never suffered from any financial losses due to platform security issues. On top of all this, HTX has devoted millions of dollars towards a fund to insure our users against this type of hacking risk.
4. Low fees
HTX offers some of the lowest trading fees on the market. The fees for normal users on our spot exchange are just 0.2%, meaning that our users get to keep more profits for themselves with every successful trade. Our P2P marketplace charges zero fees, so you can use your preferred payment method to buy and sell crypto for fiat in our own local currency. Many banks charge monthly fees, transaction fees, ATM fees, and fees to have a bank card.
5. 24/7 markets
Unlike stock markets that open and close according to the timezone they are in, crypto markets are open 24/7. That means it is easy to trade no matter what timezone you are in, and no matter what day it is.
6. Constant industry growth
The crypto industry is always growing and adding on new and exciting investment opportunities, often with very dynamic growth potential. Bitcoin launched in 2009, and Ethereum introduced smart contract functionality in 2015. DeFi became mainstream in about 2019, and NFTs, GameFi, and blockchain metaverses were hot topics in 2021.
7. Global market
Investing with HTX gives you access to a global market without borders. You can trade, form communities, and make profits with people from all over the world, without experiencing cross-border delays, long waits for your payments to clear, or exorbitant foreign exchange rates. Moreover, crypto is not subject to any one nation’s economic policy decisions and risks, but tracks the global sentiment of supply and demand as a whole.
8. Diversification of risks
The saying goes: don’t put all your eggs in one basket. Getting into crypto investments means that you will be able to diversify any investments you already have. While stocks, bonds, property, and even holding on to fiat cash are all valid investment choices, adding crypto to your holdings means that you will be less likely to lose all your money in a single market event.
9. Privacy
HTX keeps your personal and account information private and secure. You alone are responsible for managing your personal information and financial information.