Huobi Global: A Comprehensive Overview of the Cryptocurrency Exchange

Introduction

Huobi Global, originally known as Huobi, is a leading cryptocurrency exchange platform founded in September 2013 by Leon Li. Initially based in China, the platform has expanded globally, establishing offices in Hong Kong, South Korea, Japan, and the United States.

Company Background

Founded: September 2013
Founders: Leon Li, Du Jun, Tony, and Hu Donghai
Headquarters: Seychelles
Parent Company: Beijing Huobi Tianxia Network Technology Co., Ltd.
Slogan: "Make financial services more efficient and wealth more accessible"

Key Milestones

Early Years (2013–2017)

2013: Launched as a Bitcoin trading platform in China.
2014: Acquired the domain huobi.com and introduced simulated trading.
2015: Partnered with Tsinghua University for blockchain research.
2016: Expanded globally with the establishment of Huobi Japan.

Global Expansion (2018–2021)

2018: Listed on Hong Kong Stock Exchange via reverse takeover.
2019: Launched Huobi EOS Exchange.
2020: Secured licensing in Malaysia and Gibraltar.
2021: Pivoted focus to international markets amid regulatory changes in China.

Rebranding and Recent Developments (2022–Present)

2022: Rebranded as "Huobi" (HTX) under new ownership.
2023: Officially renamed to HTX in September.

Core Services

Spot Trading: Supports major cryptocurrencies like Bitcoin, Ethereum, and Litecoin.
Derivatives: Futures and options trading.
Staking and Lending: Earn passive income through crypto assets.
Huobi Ventures: $100M fund for DeFi and NFT projects.

Regulatory Compliance

Licensed in Gibraltar (DLT), Malaysia, and Hong Kong (SFC Type 4/9).
Compliant with anti-money laundering (AML) and know-your-customer (KYC) policies.

Challenges and Controversies

2014: Technical error led to accidental transfer of 920 BTC; resolved within days.
2020: User complaints during market volatility about platform stability.
2021: Exited China market following regulatory crackdowns.

👉 Explore HTX’s latest trading features

FAQ Section

1. Is Huobi (HTX) safe to use?

Yes, HTX employs advanced security measures, including cold storage for funds and two-factor authentication (2FA).

2. How did Huobi adapt to China’s crypto ban?

HTX shifted focus to global markets, obtaining licenses in crypto-friendly jurisdictions like Gibraltar.

3. What are HTX’s future plans?

The platform aims to expand in Southeast Asia and Europe while enhancing DeFi and NFT offerings.

👉 Discover HTX’s staking rewards

Conclusion

HTX (formerly Huobi) remains a resilient player in the crypto exchange space, leveraging strategic rebranding and regulatory compliance to navigate a rapidly evolving industry. Its commitment to innovation and global accessibility positions it for sustained growth.

For updates, visit HTX’s official website.