Comparison of Binance Us vs Htx [ 2024 ]

The crypto exchanges compared by their commissions, cryptos, security and much more. Here is the Binance Us vs Htx comparison!

Your expert: Alejandro Borja

Binance Us

Your expert: Xavier Tarrasó

Htx

Main points

Fees

0,00%/0,40%

Earns

Yes

Customer service

4/5

≤0,20%

Fees

Earns

2/5

Customer service

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes

Beginners

Trading

Passive income

Yes

Buy and hold

Comparison of fees

Rating

4.7 – Low fees comparable to its global counterpart.

4.1 – Competitive fees with additional rewards for using the native token.

Level

0,00%/0,40%

≤0,20%

Brief explanation

Binance US is known for its competitive and low fee structure, which is one of its most attractive features. The exchange operates on a tiered fee system where trading fees are reduced based on trading volume and Binance Coin (BNB) balance, making it particularly appealing for high-volume traders. Typically, trading fees start low and can decrease further with higher trade volumes and the use of BNB for transaction fees. This fee structure not only encourages active trading but also enhances profitability by keeping transaction costs minimal. Deposit fees are generally non-existent, but withdrawals incur a small fee that varies depending on the cryptocurrency being withdrawn. For traders using credit or debit cards, higher transaction fees may apply, making it important to consider the most cost-effective payment method when trading.

HTX employs a tiered fee structure, with trading fees decreasing as users trade more or hold more HTX Tokens (HT). The base trading fee for users with less than 10 HT is 0.20% per trade. However, by holding HT, users can receive significant discounts on these fees, reducing them to as low as 0.07% for high-volume traders. Additionally, HTX offers competitive fees for deposits and withdrawals, depending on the method and currency used. Crypto deposits are generally free, while fiat deposits and withdrawals can incur minimal fees. HTX’s fee structure is designed to be transparent and user-friendly, ensuring that traders can focus on their trading strategies without worrying about hidden costs .

Binance Us

Security Methods: Binance US employs robust security protocols, including advanced encryption, multi-signature technology, and two-factor authentication (2FA). These measures ensure the safety of users' funds and personal information.
Customer Service: Binance US offers responsive and accessible customer support through various channels, including live chat and email. This ensures that users can quickly resolve any issues or get assistance when needed.
Reputation and Reviews: Binance US is well-regarded in the crypto community, with generally positive reviews from users and industry experts. The exchange's reputation for reliability and user satisfaction further enhances trust.
Volume Managed: Binance US manages a significant trading volume, indicating a high level of liquidity. This means that users can execute large transactions with minimal impact on the market price, ensuring efficient trading.
Regulation: Binance US operates under strict regulatory compliance, adhering to US financial regulations. This ensures transparency and accountability, providing users with confidence in the platform's integrity.

Htx

1. Security Measures HTX takes security seriously with features such as cold storage, two-factor authentication (2FA), and SSL encryption. These measures ensure user funds and data are well-protected, reducing the risk of unauthorized access and cyber threats.
2. High Liquidity HTX ranks among the top cryptocurrency exchanges globally, offering deep liquidity for popular trading pairs. This high trading volume ensures efficient order execution and minimizes slippage, making it a reliable platform for large and small traders alike.
3. Transparent Fee Structure HTX maintains a competitive and transparent fee structure, catering to a wide range of traders. The clear breakdown of deposit, trading, and withdrawal fees helps users understand and manage their trading costs effectively.
4. Regulatory Compliance While HTX operates in an essentially unregulated environment, it adheres to strict compliance protocols in regions like Hong Kong and Nevada. This regulatory oversight provides an additional layer of trust for users concerned about the legal standing of their trading platform.
5. Positive Reputation and Reviews HTX has built a strong reputation over the years, supported by generally positive reviews from its extensive user base. The platform's longevity and consistent service quality contribute to its credibility in the competitive crypto exchange market.

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

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Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

Direct link to the website

Product selection

Native token

Token BNB

Earns

Yes

NFT marketplace

Yes

Cripto/debit card

Yes

Full name

BAM Trading Services Inc.

Unknown

Regulation

Regulated in the EE. UU.

Not regulated

Year founded

2019

Unknown

Founder

Operated by BAM Trading Services (non-specific founder)

Unknown

Payment methods

Transfers

Yes

Mastercard

Yes

Wire transfer

Yes

Card

Yes

Comparative table

Binance Us	FEATURES	Htx
Allows small minimum trades, accessible for beginners.	Minimum Trade	The minimum trade amount is user-friendly, accommodating small-scale traders.
Competitive low fees, beneficial for high-volume traders.	Trading and Transaction Fees	HTX has competitive fees, with discounts available for HT holders, though some markets have higher fees.
Offers a wide selection, though less than its global counterpart.	Number of Cryptocurrencies	Supports over 700 cryptocurrencies, making it one of the most comprehensive exchanges.
Extensive range of trading pairs, providing good market flexibility.	Crypto-to-Crypto Trading Pairs	Offers more than 230 trading pairs, providing extensive trading options.
Generally clear info, but some users desire more detailed disclosures.	Website Transparency	Generally transparent, though some users report difficulty finding specific fee details.
Binance US does not offer an exchange card for in-store purchases and benefits.	Credit/Debit Card	HTX does not currently offer its own exchange card for customers to use for in-store purchases and receive benefits.
Offers secure storage solutions, including cold storage options.	Storage Offering	Utilizes cold storage for the majority of funds, ensuring high security.
Provides staking options with competitive rewards.	Staking and Rewards	Offers staking on multiple assets with competitive APYs, though availability can be limited.
Highly functional and user-friendly on both platforms.	Mobile App and Desktop	High-rated mobile app with robust features; desktop app available and efficient.
Reports of slow response times can be a significant drawback.	Customer Service	Provides multiple support channels, but response quality can be inconsistent.
Efficient processes, though some reports of delays with fiat withdrawals.	Deposit and Withdraw	Supports various methods, but fiat withdrawals are limited; some users find the withdrawal process complex.

Key features

Analysis tools

Similar to Binance with advanced charting and indicators

Unknown

Mobile APP

Yes

Security

High 4,9/5

Additional features

Staking, recurring buys, OTC trading, educational resources

Margin trading, futures trading, staking, HTX token (HT) rewards

Anonymity

Yes

Key points

Available cryptocurrencies

100+

Information not readily available

User-friendliness

Binance US provides a user-friendly platform similar to its global counterpart, tailored to the US market. The interface is clean and intuitive, making it easy for new traders to get started with cryptocurrency trading.

HTX provides a straightforward and easy-to-use platform that is ideal for beginners. The interface is clean and intuitive, making it easy to navigate and execute trades.

Value for money

Provides great value for money with low trading fees and a wide selection of cryptocurrencies tailored for the US market.

Provides decent value for money with competitive fees and a user-friendly interface, though it may lack some advanced features.

Countries of operation

United States

China, Singapore, United States, Canada, Australia

Best for

Best for US-based traders looking for a reliable and user-friendly platform with low fees and a wide selection of cryptocurrencies.

Ideal for traders seeking a user-friendly platform with competitive fees and a wide range of supported cryptocurrencies.

Base currencies available

USD, BTC, USDT

Not widely known

Account

Trading

Binance US offers a streamlined version of Binance for American users, providing a good selection of cryptocurrencies and competitive fees. It maintains high security standards, though the variety of coins is less extensive than the global platform.

HTX provides a secure and user-friendly platform with a good selection of cryptocurrencies. It offers competitive fees but lacks some advanced trading features.

Deposit and withdrawal

Binance US offers similar deposit and withdrawal methods to its global counterpart, including bank transfers and credit/debit cards. Withdrawals are typically processed within a day, with competitive fees.

HTX provides multiple deposit options, including bank transfers and cryptocurrencies. Withdrawals are processed quickly, with competitive fees.

Account opening process

Binance US has a similar account opening process to its global counterpart. Users need to provide personal details, verify their identity, and the process is usually completed within a day. It’s user-friendly and secure.

HTX offers a seamless account registration process. Users need to fill out personal details and verify their identity. The process is fully digital and typically completed within a day.

KYC required?

Yes

Customer Service

Binance US offers support through email and live chat, similar to its global counterpart. The support team is responsive, and assistance is available 24/7, ensuring users get timely help.

HTX offers support through email and live chat. The response time is quick, but the support team is not available 24/7, which may be a drawback for some users.

Security

Binance US provides strong security with 2FA, encryption, and cold storage. It is regulated by the U.S. financial authorities, ensuring high security for investors .

HTX provides strong security with 2FA and encryption. Despite its robust security measures, the platform lacks regulation from top-tier financial authorities, which could be a concern for some investors.

Which of these exchanges is for you?

Alejandro Borja

As an expert on our website, I highly recommend Binance US for its strong security measures and high liquidity, which make it a reliable choice for both new and experienced traders. The platform’s user-friendly interface and responsive customer support enhance the overall trading experience, although the absence of an exchange card is a minor drawback. Overall, Binance US stands out for its robust performance in the US market.

Xavier Tarrasó

As a cryptocurrency analyst, I find HTX to be a robust platform suitable for a range of trading needs. With over 700 cryptocurrencies available and a variety of advanced trading options, HTX caters to both novice and experienced traders. The platform’s security measures, including two-factor authentication and cold storage, provide significant peace of mind. However, its complex interface can be daunting for beginners, and higher fees in some markets may affect frequent traders. Despite these drawbacks, HTX’s extensive offerings and solid security make it a compelling choice for serious traders .

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How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.