Huobi HTX Reveals October Results: Threefold Growth in User Acquisition, Product Optimization, and Community Engagement Driving Future Success
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Huobi HTX Reveals October Results: Threefold Growth in User Acquisition, Product Optimization, and Community Engagement Driving Future Success
In the future, HTX will continue to focus on enhancing both user experience and platform security, actively driving product innovation and market expansion.
Navigating Web3 tides with focused insights
In October, amid rising macroeconomic uncertainty, the crypto market experienced heightened volatility, with investor sentiment oscillating between fear and greed. While Bitcoin surged toward the $70K mark, meme coins and other trending concepts sparked a new wave of enthusiasm. For HTX, October was a milestone month marked by significant growth in trading volume and user acquisition, along with strong organic traffic performance. This report highlights HTX’s key achievements in October across user growth, market performance, new asset listings, product enhancements, security upgrades, and community initiatives.
HTX Achieves Strong Global Growth, Shines at Blockchain Life 2024 Summit
HTX delivered outstanding results in market performance and user growth during October. New registrations increased by 12% month-on-month, while funded accounts rose by 15%, reflecting growing user trust and engagement. Traffic metrics also showed robust growth: page views (PV) reached 42 million, up 10.5% MoM, and impressions climbed to 287 million, a 26.5% increase from the previous month.
External backlinks grew to 6.9 million—an addition of 1 million links—with a 17% month-on-month increase, indicating sustained momentum in market visibility. Keyword indexing hit a record high of 51,700, up 41% MoM, providing stronger support for traffic expansion.
Notably, on October 22–23, HTX served as the exclusive sponsor of the business networking zone at Blockchain Life 2024 and exhibited in the platinum section of the summit. This presence not only showcased HTX's brand strength but also deepened collaboration with the Middle East crypto community, driving innovation in global blockchain technology and cryptocurrency adoption.
HTX Global Advisor Justin Sun was awarded “Crypto Entrepreneur of the Year” at the event, a testament to the summit’s recognition of his exceptional contributions and innovative leadership in the blockchain industry.
New Listings Ride Meme Coin Wave, Research Reports Reveal Industry Trends
In October, HTX excelled in launching new assets, listing 15 in total. The exchange captured market momentum by quickly adding AI-driven meme coins such as GOAT, ACT, and FARTCOIN. Notably, GOAT surged threefold after its listing on HTX, delivering substantial returns for users. Additionally, HTX offered exclusive early access to promising projects including EIGEN, PUFFER, SCR, and GRASS, expanding high-quality investment opportunities.
HTX Ventures released two in-depth research reports analyzing current market trends:
1. “2024 Meme Sector Analysis: From Viral Spread to Ecological Bridgehead”, exploring the evolution and potential impact of the meme coin sector in 2024.
2. “Crypto Perspective on the 2024 U.S. Election: A Potential Shift from Strict Regulation to Innovation Support”, examining how the U.S. election could influence future crypto regulatory policies and offering investors valuable foresight.
On major developments, HTX DAO completed the Q3 2024 token burn on October 15, destroying a total of 15,811,683,954,403 HTX tokens worth over $21.25 million. Following extensive community feedback, HTX DAO decided to redirect part of the tokens originally allocated for liquidity donations toward direct burns, further enhancing token scarcity and circulation efficiency.
Additionally, HTX DAO launched an Ambassador Program aimed at promoting the HTX DAO brand globally and fostering cross-community cooperation and engagement.
Product Upgrades Enhance Usability, Customer Service Improves Experience, Security Enhancements Boost Confidence
In October, HTX made significant progress in product functionality and security. The HTX app underwent major optimization: startup loading speed improved by 36%, and network failure rates dropped by 40%, delivering a smoother user experience. The app also introduced an industry-first seamless account switching feature, improving operational convenience. To reward user support, HTX upgraded its “Flexible Products” offering, providing time-limited interest rate subsidies on 13 major assets, with maximum additional annualized yields reaching up to 700%, significantly increasing user earnings.
The customer service team performed exceptionally well, assisting 30,422 users and resolving 63,532 inquiries, primarily related to P2P trading and account security. User satisfaction remained above 82%, demonstrating HTX’s high service standards.
On security, HTX added anti-cookie hijacking protection on its web platform to safeguard user accounts. It also introduced liveness verification, ED25519 encryption support for APIs, and self-generated API keys, strengthening transaction security.
HTX remains vigilant against illicit activities. In October, it issued 280,871 user security alerts, took down five phishing websites and fake app download sites, and successfully blocked seven withdrawal attempts to scam addresses, preventing losses totaling 12,689 USDT. The platform handled 13 cases involving stolen funds from external sources, helping freeze 491,745 USDT in stolen assets. On the funding side, HTX added 190 blacklisted addresses and intercepted 13 deposits amounting to 32,946 USDT.
HTX updated its Merkle Tree proof-of-reserves data for October 2024, reaffirming its commitment to user asset security. The updated reserve ratios are as follows: USDT 100% (platform assets: 580,601,392), BTC 100% (platform assets: 25,926), ETH 101% (platform assets: 102,426), HTX 105% (platform assets: 335,344,362,459,592), TRX 105% (platform assets: 9,754,762,663). By maintaining transparency, HTX continues to build a trusted trading environment where users can trade with confidence.
Looking ahead, HTX is committed to continuously improving user experience and platform security, advancing product innovation and market expansion. Leveraging community engagement and the Global Ambassador Program, HTX DAO will deepen its global footprint, connect with more users, and strengthen brand awareness. October’s achievements highlight HTX’s excellence in user growth, product optimization, and security, reflecting its determination and potential to advance its global strategy. HTX remains dedicated to exceeding user expectations and will continue moving forward steadily, delivering superior crypto services to users worldwide.
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