Choosing a suitable cryptocurrency exchange is crucial for users in the domestic crypto space. Huobi HTX and Gate are currently popular mainstream exchanges among domestic users, each with its own advantages and characteristics. Which one is more suitable for domestic users? Below is a detailed comparison from multiple dimensions.
Exchange Navigation: OKX, Binance, Huobi HTX, Gate, Bitget, Bybit
Accessibility#
The most concerning issue for domestic users is the accessibility of the exchange. Both Huobi HTX and Gate have dedicated backup sites in the country, allowing users to directly access the domestic available URLs for Huobi HTX and Gate through professional platforms like Exchange Navigation, without worrying about being unable to open or redirect failures. Both exchanges are essentially equal in terms of accessibility, meeting the needs of domestic users.
Registration and Real-name Authentication Process#
The registration process for Huobi HTX is relatively simple, supporting registration via phone number and email, with fast real-name authentication, usually completed within a few minutes. Gate also supports registration via phone number and email, but sometimes the real-name authentication process can be slow, with some users reporting long wait times. Overall, Huobi HTX has a slight edge in the smoothness of the registration and real-name authentication process.
Trading Variety and Depth#
Huobi HTX focuses on mainstream cryptocurrencies, with deep liquidity and strong trading volume for pairs like BTC, ETH, and USDT, making it suitable for users pursuing mainstream coin trading. Gate is known for its rich variety of cryptocurrencies, supporting thousands of coins, especially with a fast listing speed for emerging projects and smaller coins, making it suitable for users who enjoy trying new things and diversified investments. If you only focus on mainstream coins, Huobi HTX offers a better experience; if you like to explore potential coins, Gate has more advantages.
Transaction Fees and Promotional Activities#
The spot trading fees for both Huobi HTX and Gate are at the mainstream industry level, with Huobi HTX at 0.2% and Gate at 0.2%. Both platforms periodically offer fee discounts, deposit rewards, and other activities. Huobi HTX's VIP level system is more friendly to large traders, offering significant fee discounts. Gate frequently has new coin airdrops, trading competitions, and other activities, suitable for users who enjoy participating in events. In terms of fees, the difference is minimal, mainly depending on personal preferences for participating in activities.
Customer Service and Community Atmosphere#
Huobi HTX has a large user base in the country, with fast customer service response times, supporting Chinese online customer service, and common issues can be resolved quickly. Gate's customer service also supports Chinese, but some users have reported slower responses when dealing with complex issues. In terms of community atmosphere, Huobi HTX users are more concentrated in the mainstream crypto space, with an active discussion atmosphere; Gate's community leans more towards new projects and innovative plays, suitable for users who enjoy exploring new opportunities.
Security and Compliance#
Both Huobi HTX and Gate have been operating for many years, with comprehensive security measures, supporting multi-factor authentication, fund insurance, and other features. Huobi HTX has rich experience in risk control and compliance, with very few major security incidents in its history. Gate also emphasizes security, but due to the variety of coins and projects, users need to be cautious about identifying risks associated with smaller coins. Overall, Huobi HTX's security and compliance are more reassuring.
Deposit, Withdrawal, and Fiat Channels#
Huobi HTX supports various deposit methods, with active OTC fiat trading, making it convenient and quick to buy and sell USDT with RMB. Gate also has an OTC fiat channel, but its activity level is slightly lower than that of Huobi HTX, with larger price differences at certain times. In terms of withdrawal speed, both can achieve near-instantaneous transactions, providing a good experience. For users who need to frequently deposit and withdraw fiat, Huobi HTX is more suitable.
Summary Analysis#
Huobi HTX and Gate each have their strengths. Huobi HTX is more suitable for domestic users who pursue mainstream coin trading, emphasize security and compliance, and need convenient fiat channels. Gate is suitable for users who enjoy a variety of coins, chase new projects, and are keen to participate in community activities. For most domestic crypto users, Huobi HTX, with its smoother registration experience, stronger security guarantees, and more active fiat channels, is overall more suitable for daily use. If you enjoy trying new things and are willing to take on some risks, Gate is also a good choice. Through professional platforms like Exchange Navigation, domestic users can easily access both exchanges and choose the most suitable path for their cryptocurrency investments.