The 13th Anniversary of Huobi HTX: External Storms, Internal Heat Waves

CN
3 hours ago
True resilience is not about having no problems, but about not losing speed when problems arise.

In the recent discourse surrounding Crypto, Huobi HTX is likely one of the most discussed trading platforms.

Regulation, sanctions, security of funds, various voices are mixed together.

However, if you really open Huobi HTX, you will see another somewhat contrasting scene.

Huobi HTX's 13th anniversary celebration month has already entered its second half. So far, over 120,000 rewards have been distributed.

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Every day at 13:13, there are people waiting for the anniversary red envelope; some are busy lighting up 9, 11, or 13 future gems; some have won real $HTX rewards and are immediately sharing pictures on social media.

The market has also begun to show some warmth. Along with the changes in the trends of mainstream assets like BTC, the activity in spot and contract trading has shown some recovery.

And the 13th anniversary events extend far beyond just one celebration month.

Contract users have trading peak competitions, spot users have new popular asset trading parties, and those who don’t want to trade frequently can participate in the nationwide coin-earning day. Additionally, a series of activities surrounding $HTX, invitations, C2C, leverage, and other businesses are also ongoing.

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For users, whether the anniversary celebration is lively or not is not that complicated.

The size of the prize pool is the promotional rhetoric, but how much is truly distributed is what users feel.

Now, 120,000 rewards have reached the users.

And this anniversary celebration has only just passed the halfway mark.

01|How were the 120,000 rewards distributed?

This year, Huobi HTX designed a set of very Crypto-themed activities for the 13th anniversary.

13 "future gems" correspond to 13 tasks.

Users do not need to complete all challenges at once but can start with the simplest tasks, unlocking them one by one.

Sending a 13th anniversary blessing, completing learning to earn coins, buying $HTX equivalent to 50 USDT, are relatively easier tasks; moving forward, the tasks gradually enter real business scenarios such as spot, futures, earning coins, depositing, leverage, and TradFi.

The truly interesting part begins in the latter half.

After collecting 9 gems, real gold draws begin, with a maximum of 130 USDT equivalent in $HTX; after collecting 11 gems, users can grab anniversary red envelopes every day at 13:13; collecting all 13 gems gives a chance to win up to 1,300 USDT equivalent in $HTX and unlocks the ultimate prize.

02|This year’s 13th anniversary is somewhat special

This year’s Huobi HTX 13th anniversary coincidentally falls within a special time window.

The voices from outside are loud.

Like other exchanges, Huobi HTX also faces public scrutiny surrounding regulations and compliance issues. But rather than just looking at the debates on social media, it’s better to see what is actually happening in real business.

According to the recent operational data provided by Huobi HTX, since the 23rd, the platform has maintained an average of tens of thousands of recharge and withdrawal orders daily. Huobi HTX states that major operations such as spot, contracts, and recharge and withdrawal are all functioning normally.

In the face of market challenges, Huobi HTX conveys confidence with an open and transparent attitude while welcoming users to continue observing the platform's operational status. At least so far, this round of external turmoil has not pressed the pause button on the platform's business. Users are still trading, funds are still flowing in and out, and the anniversary activities are still ongoing. This may be more worth observing than any response.

03|For exchanges, money is more honest than tweets

A week ago, Huobi HTX's global advisor Sun Yucheng responded to external concerns with four words:

“All is well.”

This fits his way of expression.

However, whether a trading platform that holds user assets is truly "all is well" cannot be determined by a single tweet.

Money is more honest than tweets.

Are users still depositing? Can they still withdraw normally? Is trading still ongoing? Is there any unusual liquidity? When opportunities reappear in the market, can the business still keep up—these are the true pressure tests for trading platforms.

It is also at this time that looking at Huobi HTX's theme for this year's 13th anniversary "Resilience Sees the Future" feels somewhat different.

If it weren’t for the recent events, "resilience" would easily just be a slogan for the anniversary brand.

13 years, several cycles of bulls and bears, traversing through periods, long-termism, these expressions have already been stated many times in the Crypto industry.

But the resilience of an exchange is actually not that mystical.

When the market fluctuates sharply, the system should not stop; when the wind blows outside, users should still be able to deposit and withdraw normally; when problems arise, there should be someone to handle them; when the market returns, the business should still be able to keep up.

True resilience is not about having no problems, but about not losing speed when problems arise.

Of course, a few days of normal deposits and withdrawals and 120,000 activity rewards do not prove that an exchange is without risk, nor can they replace the resolution of the regulatory issues themselves.

Huobi HTX still needs to face relevant controversies and continues to provide information that can be verified by users and the market.

Resilience can help a company weather the storm, but it cannot be an excuse to evade issues.

At least for now, this turmoil has not caused it to stop.

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