The cryptocurrency exchange HTX is a significant player in the market, implementing a new asset selection strategy based on strict criteria and community engagement.
Rigorous Asset Screening System
HTX has developed a multi-layered evaluation system to identify promising projects. As Jasper, Head of Assets, emphasized, the exchange monitors the development of projects on other platforms before considering a potential listing. For pre-token projects, the review process incorporates on-chain metrics such as holdings allocation, on-chain activity, and smart contract audits for vulnerabilities.
"HTX tracks potential issuers for up to a year in advance," Jasper stated. "Each project undergoes two to three deep-dive evaluations covering team background, AML/KYC compliance, contract security, and other key indicators."
New Initiatives for Community Engagement
To enhance community involvement and transparency in investments, HTX is launching new initiatives such as asset watchlists and trading pilot zones. Jasper explained that community recommendations and voting via HTX DAO essentially act as a watchlist, enabling members to nominate and evaluate potential listings.
The exchange also launched an Innovation Zone for early-stage projects and meme coins with higher uncertainty and volatility, while the main crypto zone remains dedicated to more mature and high-quality assets.
About HTX
Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses. The HTX team strives to offer secure and reliable services to users, continuing to follow a strategy of global expansion and asset security.
HTX demonstrates a commitment to asset quality and community engagement, setting new standards in the cryptocurrency market. This ensures long-term reliability and sustainability in the ever-changing investment landscape.
