HTX, a leading global cryptocurrency exchange, has announced a partnership with BitGo Singapore, promising significant improvements in security and convenience for traders.
HTX and BitGo Partnership
HTX has announced its collaboration with BitGo Singapore to integrate the Go Network solution, aimed at enhancing security and trading efficiency for users. ‘As institutional demand for secure trading infrastructure grows, we will continue to implement cutting-edge technology to minimize risks,’ stated a HTX representative.
Enhanced Security with Go Network
The Go Network infrastructure ensures that client funds remain in cold storage and are insured up to $250 million. This ensures that assets are never exposed to bankruptcy risk and remain fully under the client's control, aligning perfectly with HTX's security protocols.
Capital Efficiency Through Off-Chain Settlement
HTX clients will be able to allocate trading capital without moving assets directly onto the exchange. This provides users with greater flexibility to manage capital and respond quickly to market changes while retaining control over their assets.
The partnership with BitGo strengthens HTX's market position and emphasizes its commitment to enhancing transparency and security in trading processes, which is particularly important for institutional investors.
