Huobi HTX Supported Countries
HTX operates globally despite restrictions, serving over 170 countries with a commitment to legal cryptocurrency trading.
Summary: Founded in China under Huobi, the cryptocurrency exchange has recently moved is headquarters to Seychelles and rebranded to HTX. It operates within a unique set of guidelines that shape where it offers its services. Like other platforms in the crypto industry, HTX must adhere to international regulations that influence its operations in various locations.
HTX maintains a solid global presence, offering cryptocurrency trading in over 170 countries worldwide. This broad operational base shows the exchange's commitment to complying with local laws and regulations, thus ensuring they provide safe and legal services across different nations.
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What Countries Does HTX Support?
HTX serves customers in over 170 countries and adheres to various international laws that limit its operation in certain regions. Despite these limitations, HTX's global availability highlights its commitment to making digital assets accessible. Users are encouraged to consult HTX’s terms of service and adhere to their local laws to ensure responsible and compliant trading. This understanding helps traders to operate within legal boundaries and enhances their trading experience on the platform.
What Countries Does HTX Restrict?
HTX implements access restrictions in several regions to comply with local financial laws. The countries affected by these restrictions include China (including Hong Kong and Macao), the United States, and Singapore. Furthermore, HTX follows strict guidelines under Section 1.2 of their Service Agreement, which prevents them from offering services in places with political instability or under international sanctions.
Users based in China, Cuba, Hong Kong, Iran, North Korea, Singapore, Sudan, Syria, the United States of America, and Venezuela are completely banned from using HTX. However, users in Bangladesh, Bolivia, Ecuador, Iraq, Israel, Kyrgyzstan, New Zealand, Sevastopol, Spain, Taiwan, China, and the United Kingdom (retail users only) are allowed to use HTX but cannot access derivatives trading services
HTX Licensing and Regulation
HTX strictly adheres to compliance and regulatory frameworks. Its headquarters are located at Seychelles, and it operates under a Virtual Asset Service Provider (VASP) license granted by the Seychelles Financial Services Authority (FSA). This license is a testament to HTX's commitment to achieving international standards for virtual asset services.
The exchange actively seeks to expand its global footprint while carefully respecting the regulatory requirements of each jurisdiction it operates in. Some of HTX’s licensing include:
- Lithuania: Registered as a Virtual Currency Wallet Operator and Virtual Currency Exchange Operator.
- Gibraltar: Holds a Distributed Ledger Technology (DLT) License.
- Dubai: Obtained a VARA Virtual Asset MVP Provisional License.
- British Virgin Islands (BVI): Licensed under SIBA for the Custody and Operation of an Investment Exchange.
- Australia: Registered with AUSTRAC as a Digital Currency Exchange Provider.
- South America: Provides licensed payment and remittance services.
Through its diligent compliance with local regulations and the pursuit of global licenses, HTX is committed to secure and regulated international growth.
Can I Use HTX in the US?
No, HTX does not permit usage within the US due to regulatory requirements. Although accessing the platform via a Virtual Private Network (VPN) may be technically possible, doing so might violate both HTX's terms of service and US laws. Users must adhere to local regulations when accessing international trading platforms.
Bottom Line
In conclusion, HTX operates with strict compliance with both international and local regulatory frameworks, which restricts its services in certain areas such as the US, and nations experiencing political instability. Despite these limitations, HTX is still available in over 170 countries, highlighting its dedication to offering accessible cryptocurrency trading globally.