What is Sign Up for HTX?
HTX(Huobi Global) is one of the leading cryptocurrency exchanges with a solid presence in Asian markets. It provides a one-in-all ecosystem for trading and exchange of virtual assets via the mediums of derivatives, spot, cryptocurrency loans, staking, cryptocurrency yield products, and much more.
It was founded in Beijing in 2013 and the founders sought to offer a cryptocurrency trading platform that individuals within mainland China and beyond could comfortably use. In a short period of time, Huobi swiftly grew in relevance and became one of the top three cryptocurrency exchanges within China, providing Bitcoin traders with sufficient liquidity.
In 2017, the platform had to shift its incorporation charter in Seychelles due to fluctuating regulatory landscape. As a result, a new headquarters was opened in Singapore.
Huobi Global did a fair job of managing to grow its user count outside China, especially in Asian countries like Pakistan.
Coin-Labs.com is one of the few top-ranked business partners of Huobi.
Therefore, if you sign up for Huobi through Coin Labs, you can benefit from the top-level fee discount.
How can Pakistanis Sign Up for HTX (Huobi)
The registration process on Huobi is pretty straightforward. All it takes are a few simple steps, which only take a few minutes and are outlined below.
Step 1: Click Sign Up
Just head on over to its official website, and then select the “Sign Up” option on the upper right corner of the webpage, or simply click the following link.
Step 2: Enter Email or Mobile Number
Once you are on the registration page, you sign up by either using your email address or phone number. If you select the email address option, you will be asked to verify that address, with a verification code being sent to your email. You will be asked to do the same thing if you choose to register using your phone number, i.e., to verify that number.
Step 3: Enter Details
Once you have verified your email address or phone number, you will then have to fill in a few fields, which include your nationality and password. So, add in your nationality, and make sure that it is correct because you cannot revise it once you’re done with registration. As for your password, it must be at least 8 to 20 characters long and include one letter; it cannot solely be filled with numbers. Here is an example of a strong and proper password: h8b21xs5ea.
Step 4: Click the Sign-Up button
Once you are completely done with all of the steps outlined above, just click the “Sign Up” button to register your account.
How Can Pakistanis Sign Up for HTX Futures
Huobi DM offers a contract trading platform where cryptocurrencies and virtual assets can be easily traded. In addition to that, it offers a derivatives service as well, with contracts for Ethereum, Bitcoin, Litecoin, and EOS already accessible on the platform.
Step 1: Log in to Huobi DM
If you already have a Huobi DM account, you can skip the registration steps in this section entirely and simply log in to begin trading on Huobi DM (Huobi Futures). However, if you haven’t made one yet, read on.
To trade on Huobi DM, you need to log in first, and to do that, you need to have a Huobi DM account, which this section will cover. So, just head on over to Huobi DM and click the “Sign Up” option towards the upper right corner of the webpage, which will lead to the registration page.
Step 2: Go to the registration page
Now that you’re on the registration page, you can choose to register either using your phone number or email address. This guide will use the phone number option as an example. So, click on “Phone.”
Step 3: Enter your information
Here, you will have to add your nationality, phone number, and set a strong password. One thing to note here is that contract services are not supported in some regions of Huobi DM and also that once you have chosen your nationality, it cannot be subsequently altered on your registered account, so choose correctly. As for the invitation code, it is optional here, so if you don’t have one, you can simply leave this field alone.
Step 4: Click the Sign Up
Once you have finished adding everything, you can click the “Sign Up” button below to proceed.
Step 5: Slide reCAPTCHA
Here, you have to complete the reCAPTCHA to confirm whether you are a human or not. Simply drag the slide towards the right to complete that.
Step 6: Verify via SMS
Since you are registering using your phone number, you will obviously have to confirm whether your number is correct or not. On the SMS verification page, you have to enter the SMS code that is sent to your number and click “Confirm” to finish the registration process.
FAQs
Can I use derivatives without KYC?
Setting up personal accounts on cryptocurrency exchanges like Huobi can be anintuitive and easy procedure. In some platforms or in some jurisdictions,users can receive cryptocurrency assets on their accounts without needing tocomplete KYC. However, not completing the KYC may restrict the withdrawallimits.From what we have seen, it seems like Huobi Global is in the same boat,meaning that you can trade derivatives on the platform without KYC, but yourwithdrawal and deposit options will be limited, so your trading will besomewhat hindered.For instance, on Huobi Global, there is a deposit limit of $1000 for non-verified users. However, unlike Huobi, some leading exchanges do require KYCprocesses to gain access to advanced features like P2P trading, derivativestrading, and spot trading.Therefore, it’s recommended to verify for KYC before starting to trade onHuobi Global Exchange.
Can I sign up for HTX in Pakistan?
Thankfully, Huobi Global is available to Pakistani investors. Pakistanis caneasily purchase cryptocurrencies using PKR on the Huobi P2P platform and trade it on the spot, margin, or futures market.
