Exchange (holds your funds for you)

HTXD3/5· Active incident

Facts last reviewed 24 Sept 2026

Sanctioned by the UK (5/2026) and banned from trading by the EU from 23/8/2026 under the Russia sanctions package. No licence from any major regulator; the press found proof of reserves that did not match on-chain balances.

Compare a move (switching cost) →History: published and paid rates, incidents, legal status →

Why this tier

Fails: Ongoing issue: Sanctioned by the UK (asset freeze, 26/5/2026) and the EU bans EU/EEA residents from transacting with HTX from 23/8/2026; major exchanges closely screen transfers linked to HTX.
Meets: Publishes a monthly proof of reserves (Merkle) that users can verify themselves
Falls short: No licence from a major regulator (EU MiCA, Dubai VARA, Japan, Singapore…)
Meets: Operating since 2013 (13 years)
Falls short: No user protection fund disclosed
Meets: No material uncovered losses on the exchange (incidents in isolated products or under $1M are listed separately)
Note: UK: the FCA sued HTX in the High Court over illegal promotions; settlement talks are ongoing.
Note: CoinDesk Data Exchange Benchmark (2026-05): grade C, score 58.28, ranked 37. For reference only, not part of the risk tier.

Tier history

1 Oct 2026C· Higher riskD· Active incidentActive incident
29 Sept 2026C· Higher riskHigher risk

Products

Active incident (tier D): for reference only

Coin	You earn	Highest rate	Tier	Product	Term	Conditions
USDT	4.60%	Highest rate10.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
USDT	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
USDC	1.10%	Highest rate1.10%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
USDC	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
BTC	0.55%	Highest rate3.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
BTC	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
ETH	3.15%	Highest rate6.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
ETH	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
BNB	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
SOL	1.20%	Highest rate1.20%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
SOL	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
XRP	0.24%	Highest rate8.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
XRP	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
TRX	0.95%	Highest rate5.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
TRX	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike
DOGE	0.03%	Highest rate2.00%	D3/5· Active incident	Flexible Savings	FlexibleWithdraw any time
DOGE	Unknown	Highest rate100.00%	D3/5· Active incident	Fixed 7d	7 days	New users only · Rate spike

Show all 17 ↓Show fewer ↑

Tier: A lowest risk, D active incident. The number after the letter is the criteria met.

Legal status by country

Taken from regulators’ registers and notices. A row without a source or a month confirmed says so.

Vietnam
Not licensed · Jul 2026
HTX is not licensed in Vietnam and still serves Vietnamese users.
Source ↗
Europe (EEA)
Does not serve · Sept 2026
HTX is not on ESMA's CASP register (checked against the 24/9/2026 version) and has blocked all EU countries since 7/2026.
Source ↗
UAE (Dubai)
Not licensed · Sept 2026
Huobi once had provisional VARA approval (2022), but HTX is not on the current VARA register.
Source ↗
Indonesia
Banned · Jun 2026
HTX (Huobi Technology Holdings Limited) ranks 147th on the list of 228 unlicensed exchanges shut down by OJK's Satgas PASTI (1-5/2026, announced 22/6/2026).
Source ↗
Nigeria
Not licensed · Jul 2026
HTX is not registered with Nigeria's SEC but still serves Nigerian users.
Source ↗