What cryptocurrencies does HTX support storage?

HTX, formerly Huobi, supports storage for numerous cryptocurrencies like Bitcoin, Ethereum, and Tether, ensuring secure and accessible asset management for users.

Apr 10, 2025 at 11:00 pm

HTX, previously known as Huobi, is one of the leading cryptocurrency exchanges in the world. It supports a wide variety of cryptocurrencies for storage, trading, and other financial activities. This article delves into the specifics of which cryptocurrencies HTX supports for storage, providing a detailed overview for users interested in utilizing the platform.

Overview of HTX and Its Storage Services

HTX offers robust storage solutions for a diverse range of cryptocurrencies. The platform ensures the security and accessibility of users' digital assets, making it a preferred choice for many in the crypto community. HTX's storage services are designed to cater to both novice and experienced traders, providing them with a safe environment to hold their cryptocurrencies.

List of Cryptocurrencies Supported for Storage on HTX

HTX supports storage for a vast array of cryptocurrencies, including but not limited to:

• Bitcoin (BTC): The flagship cryptocurrency that started it all.
• Ethereum (ETH): The leading platform for decentralized applications and smart contracts.
• Tether (USDT): A stablecoin pegged to the US dollar.
• Litecoin (LTC): Often considered the silver to Bitcoin's gold.
• Ripple (XRP): A digital asset designed for global payments.
• Bitcoin Cash (BCH): A fork of Bitcoin aimed at improving scalability.
• Cardano (ADA): A blockchain platform focused on security and scalability.
• Binance Coin (BNB): The native token of the Binance ecosystem.
• Polkadot (DOT): A multi-chain network designed to enable interoperability.
• Chainlink (LINK): A decentralized oracle network.
• Stellar (XLM): A platform for cross-border transactions.
• Tron (TRX): A blockchain-based operating system with smart contract functionality.
• EOS: A blockchain platform for the development of decentralized applications.
• IOTA (MIOTA): A distributed ledger for the Internet of Things.
• NEO: Often referred to as the "Chinese Ethereum."
• VeChain (VET): A blockchain platform for supply chain management.
• Tezos (XTZ): A self-amending blockchain platform.
• Dash: A digital currency with a focus on speed and privacy.
• Monero (XMR): A privacy-focused cryptocurrency.
• Zcash (ZEC): Another privacy-focused cryptocurrency with shielded transactions.

This list is not exhaustive, as HTX continuously updates its offerings to include new and emerging cryptocurrencies.

How to Store Cryptocurrencies on HTX

Storing cryptocurrencies on HTX is a straightforward process. Here’s a detailed guide on how to do it:

• Create an Account: If you don't already have an account, visit the HTX website and sign up. You'll need to provide an email address and set a strong password.
• Verify Your Identity: To comply with KYC (Know Your Customer) regulations, you'll need to submit identity verification documents. Follow the prompts on the platform to complete this step.
• Deposit Funds: Navigate to the 'Deposit' section. Select the cryptocurrency you wish to store and generate a deposit address. Transfer your cryptocurrency from your external wallet to this address.
• Secure Your Assets: HTX offers multiple security features, including two-factor authentication (2FA). Enable 2FA to add an extra layer of security to your account.
• Access Your Stored Cryptocurrencies: Once your funds are deposited, they will appear in your HTX wallet. You can view your balances and manage your assets from the 'Wallet' section of the platform.

Security Measures for Stored Cryptocurrencies on HTX

HTX takes the security of stored cryptocurrencies very seriously. The platform employs several layers of security to protect users' assets. These include:

• Cold Storage: A significant portion of users' funds is stored in offline cold wallets, which are not connected to the internet, reducing the risk of hacking.
• Multi-signature Wallets: Transactions require multiple signatures, adding an additional layer of security.
• Regular Security Audits: HTX conducts regular audits to ensure the integrity of its systems and the safety of user funds.
• Insurance: HTX has insurance policies in place to cover potential losses due to security breaches.
• User Education: The platform provides resources and guides to help users understand best practices for securing their accounts.

Withdrawal Process for Stored Cryptocurrencies

Withdrawing cryptocurrencies from HTX is just as important as storing them. Here’s how to do it:

• Navigate to the 'Withdraw' Section: Log into your HTX account and go to the 'Withdraw' section.
• Select the Cryptocurrency: Choose the cryptocurrency you want to withdraw.
• Enter the Withdrawal Address: Provide the address of the external wallet where you want to send your funds. Make sure to double-check the address to avoid sending your cryptocurrencies to the wrong destination.
• Specify the Amount: Enter the amount of cryptocurrency you wish to withdraw.
• Confirm the Transaction: Review the transaction details and confirm. Depending on the cryptocurrency, you may need to pay a network fee.
• Wait for Confirmation: The withdrawal will be processed, and you'll receive a confirmation once it’s complete. The time it takes for the funds to reach your external wallet depends on the blockchain's processing speed.

Frequently Asked Questions

Q: Can I store lesser-known cryptocurrencies on HTX?

A: HTX supports a wide range of cryptocurrencies, including many lesser-known ones. However, the availability can change, so it’s best to check the platform's current listings.

Q: Is there a limit to how much cryptocurrency I can store on HTX?

A: HTX does not impose a specific limit on the amount of cryptocurrency you can store. However, large transactions may require additional verification steps.

Q: What should I do if I encounter issues with storing my cryptocurrencies on HTX?

A: If you face any issues, you can reach out to HTX's customer support team via their website or through their social media channels. They offer 24/7 assistance to help resolve any problems.

Q: Are there any fees associated with storing cryptocurrencies on HTX?

A: HTX does not charge fees for storing cryptocurrencies in your wallet. However, there may be fees associated with depositing or withdrawing funds, depending on the cryptocurrency and the network used.