Huobi Global is a leading crypto exchange that includes core blockchain technologies to integrate with surrounding industries. It has established entities in many countries and regions, including Japan, South Korea, and the United States of America. At its peak, Huobi had 1.65 million user accounts and recorded daily transaction volumes of over $4.5 billion USD.
Huobi Global is a Seychelles-based cryptocurrency exchange founded in China by Leon Li. In September 2013 Huobi launched the Bitcoin trading platform. Huobi Group is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest crypto exchange by liquidity and real-trading volume.
There two main special exchange offerings. A few specific ones are more inclined for new trader and those are also included in review.
Huobi Global provides the following options for payments for assets exchange (crypto to crypto and fiat to crypto):
and some more, available for different regions and countries. Among others those are:
Huobi Global offers a one-click withdrawal. One just needs to select the coin – over the app or a desktop client. Registered users can convert the coin into bitcoin or fiat currency. Huobi exchange also provides a method to withdraw coins and convert them into HT to get rewards points that later can be converted into buy/sell crypto.
Huobi mobile application is a crypto to crypto platform integrated and easy-to-use interface that provides quick access to Huobi accounts. Registered users can buy and sell crypto directly on crypto exchange or can convert it into any digital asset as per need. Around 20 million users are using the Huobi app to buy bitcoin in just over one click. The app provides price alerting features where users can set specific prices and get push notifications to the device.
Huobi Derivative Market (Huobi DM) is a derivatives exchange platform for trading digital assets. Huobi DM provides Real-time settlement (BTC) and “zero clawbacks” for all derivatives. Huobi user can use margin based on their profile and allocated funds.
Huobi Global supports different cryptocurrencies (the options of buying/selling might be different for some countries). In the company’s portfolio, a user might find the most popular tokens and many more. Those include:
Some currencies offered are subject to pure solicitation within Huobi global guidelines, for more details please refer to the site.
Huobi Global offers trading loans to its registered users with low fees, and provides margin trading options as per the limit assigned to each account.
Overall trading at Huobi is user-friendly and supportive. HT is the most impressive feature for traders that can be used to buy/sell crypto.
Huobi Global charges a 0.2% base fee. For Huobi Token holders there is a discount – the more HTs a user owns, the bigger discount they can get. e.g. for users with more than 5000 HTs, the discount is at the level of 65% and the fee is 0.07%.
Different fees apply for professional traders. For a maker a fee starts at 0.0362%, for takers at a level of 0.0462%. Fees here depend also on the HT holding and on the volume of a transaction.
There is no deposit fee, however, a Huobi Global customer needs to consider a withdrawal fee. Before withdrawing the assets, one needs to consider withdrawal limits (that depends on user’s verification level).
According to Huobi, the company is committed to provide the best and most secure services on the crypto assets market.
Huobi Global is one of the largest cryptocurrency exchange based on decentralized digital assets. Huobi offers a global crypto exchange where client funds are not stored within the exchange but in the terms of cold storage like Huobi wallet and HT. The company is available for users all over the world. With the wide range of services, for both beginners and professional traders, it is for sure a worth-considering exchange to use.
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