Huobi

Huobi is one of the world’s leading crypto exchanges. The operators of the site promise reliable and safe services. Everyone who wants to get into trading should take a look at this platform.

Huobi

The website is based in Beijing, China, and introduced in September 2013. It continues to extend its reach and is now one of the biggest names in the world. It is the first exchange platform to have reached a record amount of 380,000 BTC traded daily.

The exchange welcomes two fiat currencies, including US dollar and Chinese Yuan. Cryptocurrencies are supported but limited to Bitcoin and Litecoin only.

Website interface

When it comes to the interface, Huobi retains simple functions. It is fast. It is responsive. The website is available in both English and Chinese. This makes it easier for foreign users to understand and trade in no time. You may open the site through your Android or iOS devices. Trade anytime and anywhere. Do it with confidence.

Verification processes

The verification on Huobi is more involved than the usual platforms. You can register and start trading after you create an account. To do this, you have to provide your personal information and a working e-mail address. The process also requires a name and nationality verification. Once you have filled up the registration form and verifying your account, you can begin trading right after.

Trading fees

Huobi sets a fee schedule for US dollar trading. The maker fee is set at 0.1% of the amount traded. Volumes traded in the last 30 days the taker fee is 0.2% for anything below 50 BTC and all the way to 0.08% for trades over 10,000 BTC. Take note that the taker fee changes for amounts in between 50 BTC and 10,000 BTC.

Trading in Chinese Yuan is different. The platform has a set fee of 0.2% of the amount traded. The no-fee policy was removed in early 2017 to prevent influences on the market.

Trading features

Huobi has a number of order types for its users. There’s market order, limit, and stop limit order. It has a Flash trade function that includes an order book, chart index, and market chart. Flash trade also has a real-time trading, which is useful when volatility levels are high.

All of these trading features can prove useful to first-time and experienced users. Use it to improve your chances of earning profits. Use it to grow your trading knowledge.

Security

There’s no need to worry about security. The site has invested in a lot of modern systems. It passed thorough tests. They offer two-factor authentication. All assets are stored in a multi-sig cold wallet, which guarantees 100% protection. The wallets are guarded 24/7. No hacker can penetrate Huobi’s firewall. This means peace of mind for all traders.

Support

Reach the customer support team by phone, e-mail, ticket, or through social media platforms. The site has polite and knowledgeable representatives. Resolve your issues and concerns right away.

Overall, Huobi is a reputable exchange platform that delivers quality services. While some may find a lack of features, it does have all the essentials dialed in right.