HTX's Unmatched Security Performance Over the Past Year

HTX's Exceptional Security Measures for 2024

As one of the leading cryptocurrency exchanges, HTX has upheld an impeccable security record throughout 2024, reporting zero security incidents. This remarkable achievement underscores the platform's unwavering focus on protecting user assets, continuous vigilance against threats, and the ongoing enhancement of its security measures. The launch of regular monthly security reports since mid-2024 has strengthened the platform's transparency and reinforced its commitment to user safety, with the recently released December report summarizing the significant security accomplishments of the past year.

Account Security: Enhancing User Awareness

In December 2024, HTX prioritized user safety by sending over 350,000 security reminders, including 315,347 emails and 36,425 SMS notifications. In a proactive approach to cybersecurity, the platform eliminated three phishing websites and harmful app download sites, showcasing its dedication to creating a safer user experience. With a philosophy centered around fostering user knowledge and awareness, HTX continues to educate its community about potential security threats.

Transaction Security: A Strong Defense Against Fraud

HTX's transaction security measures were notably effective, intercepting four fraudulent withdrawal attempts aimed at scam addresses, which prevented potential losses exceeding 60,000 USDT. This marked a substantial 294% increase in successful interception when compared to the figures from November. Furthermore, the platform was instrumental in addressing user reports concerning stolen assets, aiding in the freezing of approximately 320,000 USDT in stolen funds—an impressive 627% increase from the previous month. Such measures demonstrate HTX's strong sense of responsibility and reliability in securing transactions on its platform.

Asset Security: Safeguarding Against High-Risk Transactions

HTX implemented rigorous measures in December against the infiltration of high-risk funds. The exchange identified 59 new blacklisted addresses and intercepted five deposits from these sources, preventing over 74,000 USDT from entering the platform. This initiative resulted in a notable 34% month-on-month increase in proactive asset handling. Through diligent efforts, HTX managed to effectively inhibit the influx of illegal funds, thereby maintaining a secure trading environment.

Yearly Security Progress: A Strong Foundation

The year 2024 saw HTX make remarkable strides in its security frameworks, evidenced by the following achievements: 98 intercepted fund transfers to scam addresses, preventing over 1.37 million USDT in user losses, and assisting in freezing 7.83 million USDT in externally stolen funds. Additionally, the user base was notified of over 2.7 million security alerts, and 130 phishing sites were successfully eliminated.

Future Security Initiatives

As it moves into 2025, HTX remains committed to enhancing its security protocols further. The exchange plans to invest in advanced security technologies, continuously optimize its security frameworks, and refine its risk management approaches. HTX envisions a more secure, transparent, and reliable cryptocurrency trading ecosystem that diligently protects assets for every user, reaffirming its dedication to user trust and safety.

About HTX

Since its inception in 2013, HTX has transformed from a simple virtual asset exchange into a full-fledged ecosystem encompassing various blockchain services. This includes digital asset trading, financial derivatives, wallets, research, investments, incubations, and beyond. As a leader in facilitating access to Web3, HTX boasts global capabilities, ensuring users enjoy secure and dependable services. Committed to values and services that benefit virtual asset enthusiasts, HTX adheres to a strategic growth model focusing on global expansion, thriving ecosystems, the wealth effect, security, and compliance.

Contact Information

For inquiries, please reach out to Ruder Finn Asia at htx@ruderfinn.com.

Frequently Asked Questions

1. What security measures did HTX implement in 2024?

In 2024, HTX enhanced user awareness through security reminders, intercepted fraudulent transactions, and proactively blocked high-risk deposits.

2. How many phishing sites did HTX shut down?

HTX effectively shut down a total of 130 phishing sites over the year to improve user protection.

3. What was the total user loss prevented by HTX?

HTX managed to prevent user losses exceeding 1.37 million USDT through intercepting fraudulent transfers and enhancing security.

4. How does HTX support users against scams?

HTX sends security reminders and alerts while also removing potential scam websites and monitoring transactions closely for any fraudulent activity.

5. What are HTX's future commitments regarding security?

HTX plans to invest in security technology, continuously optimize its system, and reinforce risk management tactics to maintain a secure trading environment.

About The Author

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