Choosing a suitable cryptocurrency exchange is crucial for domestic cryptocurrency users. Huobi HTX and Gate.io are currently popular mainstream exchanges among domestic users, each with its own advantages and features. Which one is more suitable for domestic users? Below is a detailed comparison from multiple dimensions.
Exchange Navigation: OKX, Binance, Huobi HTX, Gate.io, Bitget, Bybit
Accessibility#
The most concerning issue for domestic users is the accessibility of the exchange. Both Huobi HTX and Gate.io have dedicated backup sites in China, and users can directly access the domestic available URLs of Huobi HTX and Gate.io through professional platforms like Exchange Navigation, without worrying about being unable to open or redirect failures. Both exchanges are fairly 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 a fast real-name authentication speed, usually completed within a few minutes. Gate.io also supports registration via phone number and email, but the real-name authentication process sometimes encounters slower review times, with some users reporting long waiting periods. 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 pairs like BTC, ETH, and USDT, suitable for users pursuing mainstream coin trading. Gate.io is known for its rich variety of cryptocurrencies, supporting thousands of coins, especially with a fast listing speed for emerging projects and small coins, making it suitable for users who enjoy trying new things and diversifying their investments. If you only focus on mainstream coins, Huobi HTX offers a better experience; if you like to explore potential coins, Gate.io has more advantages.
Transaction Fees and Promotions#
Both Huobi HTX and Gate.io have spot trading fees at the industry mainstream level, with Huobi HTX at 0.2% and Gate.io at 0.2%. Both platforms regularly offer fee discounts, deposit rewards, and other promotions. Huobi HTX's VIP level system is more friendly to large traders, offering significant fee discounts. Gate.io frequently has new coin airdrops and trading competitions, suitable for users who enjoy participating in activities. 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 China, with fast customer service response times, supporting Chinese online customer service, and common issues can be resolved quickly. Gate.io's customer service also supports Chinese, but some users report slower responses when dealing with complex issues. In terms of community atmosphere, Huobi HTX users are more concentrated in the mainstream cryptocurrency circle, with an active discussion atmosphere; Gate.io's community leans more towards new projects and innovative gameplay, suitable for users who like to explore new opportunities.
Security and Compliance#
Both Huobi HTX and Gate.io 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.io also emphasizes security, but due to the variety of coins and projects, users need to be cautious about identifying risks with small coins. Overall, Huobi HTX's security and compliance are more reassuring.
Deposit, Withdrawal, and Fiat Channels#
Huobi HTX supports multiple deposit methods, with active OTC fiat trading, making it convenient and quick to buy and sell USDT with RMB. Gate.io also has an OTC fiat channel, but its activity level is slightly lower than that of Huobi HTX, with larger price differences during certain periods. 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.io 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.io is suitable for users who enjoy a variety of coins, chase new projects, and are keen to participate in community activities. For most domestic cryptocurrency 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 some risks, Gate.io is also a good choice. Through professional platforms like Exchange Navigation, domestic users can easily access both major exchanges and choose the most suitable path for their cryptocurrency investments.