What currencies does HTX contract support? Are there any restrictions on trading pairs?

HTX supports contract trading for BTC, ETH, LTC, EOS, and altcoins like XRP, BCH, ADA, TRX, with pairs like BTC/USDT, and offers perpetual and delivery contracts.

May 05, 2025 at 09:35 pm

HTX, formerly known as Huobi, is one of the leading cryptocurrency exchanges in the world, offering a wide range of trading options for its users. One of the key features of HTX is its support for various contract trading options. In this article, we will explore the currencies supported by HTX contracts and discuss any restrictions on trading pairs.

Supported Currencies for HTX Contracts

HTX supports a diverse array of cryptocurrencies for its contract trading services. The primary currencies available for contract trading include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and EOS. These are some of the most popular cryptocurrencies in the market, ensuring that traders have access to high liquidity and robust trading volumes.

In addition to these major cryptocurrencies, HTX also offers contract trading for a range of altcoins. Some of the altcoins supported include Ripple (XRP), Bitcoin Cash (BCH), Cardano (ADA), and TRON (TRX). This extensive list ensures that traders have the flexibility to engage with various digital assets according to their trading strategies and preferences.

Types of Contracts Offered by HTX

HTX provides multiple types of contracts to cater to the needs of different traders. The main types of contracts available are perpetual contracts and delivery contracts. Perpetual contracts are popular among traders because they do not have an expiration date, allowing for more flexible trading strategies. On the other hand, delivery contracts have a specific expiration date, which can be suitable for traders looking to capitalize on short-term market movements.

Trading Pairs and Restrictions

When it comes to trading pairs, HTX offers a comprehensive selection to ensure that traders can find the right pair for their needs. Some of the most common trading pairs include BTC/USDT, ETH/USDT, LTC/USDT, and EOS/USDT. These pairs are paired against the stablecoin Tether (USDT), which provides a stable value reference for trading.

However, there are certain restrictions and guidelines that traders need to be aware of when engaging in contract trading on HTX. Firstly, not all cryptocurrencies available on the spot market are available for contract trading. This means that while you might be able to trade a certain cryptocurrency on the spot market, it might not be available for contract trading. It is essential to check the specific contract trading section on the HTX platform to confirm the availability of a particular cryptocurrency.

Secondly, HTX imposes certain leverage limits on different trading pairs. For instance, the leverage available for BTC/USDT might be different from that available for ETH/USDT. These limits are put in place to manage risk and ensure the stability of the trading environment. Traders should always check the specific leverage limits for each trading pair before entering into a contract.

How to Access Contract Trading on HTX

To start trading contracts on HTX, users need to follow a few straightforward steps. Here is a detailed guide on how to access and engage in contract trading:

• Log into your HTX account: If you do not have an account, you will need to sign up and complete the necessary verification processes.
• Navigate to the Contract Trading Section: On the HTX homepage, look for the "Contracts" or "Derivatives" section, usually found in the main menu.
• Select Your Trading Pair: Once in the contract trading section, you can browse through the available trading pairs and select the one that aligns with your trading strategy.
• Set Up Your Contract: After selecting your trading pair, you can set up your contract by choosing the type of contract (perpetual or delivery), the leverage you wish to use, and the amount you want to trade.
• Execute Your Trade: Once your contract is set up, you can execute your trade by clicking on the "Buy" or "Sell" button, depending on your trading strategy.

Understanding the Risks of Contract Trading

Contract trading, while offering significant potential for profit, also comes with a high level of risk. It is crucial for traders to understand these risks before engaging in contract trading. One of the primary risks is the use of leverage, which can amplify both gains and losses. If the market moves against your position, you could face significant losses, potentially exceeding your initial investment.

Another risk to consider is the volatility of the cryptocurrency market. Cryptocurrencies are known for their price fluctuations, which can be particularly pronounced in the context of contract trading. Traders need to be prepared for sudden market movements and have a solid risk management strategy in place.

Tips for Successful Contract Trading on HTX

To maximize your chances of success in contract trading on HTX, consider the following tips:

• Conduct Thorough Research: Before entering into any contract, make sure you have a good understanding of the market conditions and the specific cryptocurrency you are trading.
• Use Risk Management Tools: HTX offers various risk management tools, such as stop-loss orders, that can help you limit your potential losses.
• Start with Small Amounts: If you are new to contract trading, it is advisable to start with small amounts until you gain more experience and confidence.
• Stay Informed: Keep up to date with the latest news and developments in the cryptocurrency market, as these can have a significant impact on your trading positions.

Frequently Asked Questions

Q: Can I trade contracts on HTX using fiat currencies?

A: No, HTX does not support contract trading with fiat currencies. All contract trading pairs are paired against cryptocurrencies, primarily USDT.

Q: Are there any fees associated with contract trading on HTX?

A: Yes, HTX charges fees for contract trading. These fees can vary depending on the type of contract and the trading pair. It is advisable to check the fee structure on the HTX platform before engaging in contract trading.

Q: Can I use the HTX mobile app for contract trading?

A: Yes, HTX offers a mobile app that supports contract trading. You can download the app from the App Store or Google Play and access the contract trading section to execute your trades on the go.

Q: Is there a minimum amount required to start contract trading on HTX?

A: The minimum amount required to start contract trading can vary depending on the trading pair and the type of contract. It is recommended to check the specific requirements for each trading pair on the HTX platform.