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HTX posts October trading results: higher BTC/USDT depth, 307 stock assets, token burn
HTX reported its performance results for October, noting a 78% increase in BTC/USDT market depth, expansion of stock trading assets to 307, cumulative TradFi trading volume surpassing $7.5 billion, a 7-day fixed-term product with up to 10% annualized rate, and the Q3 destruction of approximately 9.39 trillion HTX tokens.
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HTX released a summary of its October results, noting a 78% increase in BTC/USDT market depth and the expansion of available stock-based trading assets to 307 instruments. The broker also reported that its cumulative traditional finance (TradFi) trading volume exceeded $7.5 billion, introduced a 7-day fixed-term product with a maximum annualized rate of 10%, and destroyed approximately 9.39 trillion HTX tokens in the third quarter. Further specifics or detailed breakdowns about these figures were not provided in the announcement.
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HTX (Huobi) is a global cryptocurrency exchange established in 2013, offering trading in about 300 currency pairs and access to over 700 digital assets. The platform provides institutional-grade liquidity, regular audits with Proof of Reserves confirmation, and various tools for passive income and trading automation. For more details, visit the broker profile on Traders Union: broker profile on Traders Union.
For additional context, our earlier news about HTX highlighted the launch of a major trading and learning campaign with daily opportunities, competitive contests, and substantial HTX token rewards. You can read more about this in the previous HTX update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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