Home Broker Reviews Huobi Review

Huobi Review

70
0
Regal Wallet Banner

Huobi is the leading crypto exchange platform based in Beijing, China. It has excellent trading platforms with many features. Traders access margin trading, futures trading, and trading bots. Huobi supports 200+ digital assets. It is a top choice for traders at all levels.   

huobi-review

Review Summary:  

  • Huobi is a trustworthy exchange available in 130 countries. 
  • It offers many services, including futures trading, margin trading, and staking. 
  • It has an excellent referral and incentive program. 
  • It offers some of the best safety measures for user assets and private data. 

Huobi Overview: 

Huobi is one of the largest digital assets exchange platforms. It is part of Huobi Global, offering access to the Huobi token. This exchange provides access to 200+ cryptocurrencies. It has 15+ fiat currencies available and a proprietary token. The Huobi token offers attractive rewards.

huobi-market-exchange

Trading Experience 

Huobi offers two proprietary apps, Huobi Wallet and Huobi Pro, and a web trading platform. All its platforms offer many features and account tiers. Our Huobi review shows account holders receive access to: 

  • Huobi Earn 
  • Instant Buy Option for different payment methods and P2P; 
  • Grid Trading Bot 
  • Premium security settings 
  • Multi-coin wallet 
  • High Liquidity 
huobi-app

Cryptocurrencies Available  

The Huobi exchange offers 200+ cryptocurrencies, including Bitcoin, Ethereum, and Tron. It provides 15+ fiat currencies and a proprietary token. Read our in-depth reviews to learn more about exchanges and digital assets. 

Fees  

Huobi has transparent trading fees. It has a General Tiered Fee for users whose 30-day trading volume is less than 1000 BTC. The General Tiered Fee for all users is 0.20%. Huobi account holders receive discounts by holding this exchange’s proprietary token. The Professional Trader Tiered Fee is an exciting program at Huobi. Users with a 30-day trading volume higher than 1000 BTC have an average fee of 0.07%. Trading volumes are important at Huobi exchange.

Huobi has high withdrawal fees. On average, it costs $20 to withdraw funds from this exchange. The withdrawal limit for verified accounts is 100BTC daily. Unverified users are allowed to withdraw 1BTC per day. Huobi fees are average. Read our in-depth reviews to learn more about exchanges and trading fees.

Regulation & Reputation  

Huobi uses reliable safety protocols. It uses a decentralized exchange structure to diminish DDoS attacks. Huobi has a fund to cover any account affected by hacks. The Huobi user protection fund is an excellent approach to protect account holders.

Huobi Global recommends to all account holders to use all available security measures: 

  • Two-factor authentication; 
  • SMS notifications; 
  • Email notifications; 
  • PGP encryption. 

Account Opening  

Opening new accounts at Huobi is simple. The steps you need to follow are: 

  1. Access the official Huobi website; 
  1. Click on Sign Up; 
  1. Register with a phone or email address; 
  1. Submit the requested information and click on Sign Up; 
  1. Complete the registration process with the verification code sent to your phone or email address. 
huobi-account-opening

Customer Support  

Huobi has an average customer support team available 24/7. It offers chat and email support. Huobi has a dedicated FAQ section on its main website. Read our in-depth reviews to learn more about customer services and online trading. 

huobi-chat-support

Summary  

Huobi is an exciting cryptocurrency exchange that focuses on safety. It offers 200+ digital assets and high liquidity. We recommend it for traders who want access to instant buy features with debit and credit cards. 

huobi-how-to-buy-crypto

FAQ  

We review the best cryptocurrency exchanges across 105 data points. We use real accounts and money for accurate results. Read about our approach in our Methodology section. 

What Is A Centralized Cryptocurrency Exchange? 

A centralized crypto exchange is a private company that offers access to trading platforms. It lets users invest in digital assets. These exchanges request registration, known as the Know Your Client rule.

What Is A Decentralized Cryptocurrency Exchange? 

A decentralized cryptocurrency exchange is a provider that has no central point of control. It works as a server, but each computer within the network operates in different areas of the world. If one device malfunctions, it doesn’t interfere with the network’s activity. Decentralized exchanges don’t follow the rules of a regulatory body. If you opt for a decentralized exchange, you should understand the risks. Check our in-depth reviews to read more about crypto exchanges and safety.

Is Huobi Safe? 

Huobi is a trustworthy exchange platform that has never reported a hack. It stores 90% of the user’s assets in cold storage wallets. Keep in mind that investing in digital assets is risky. Digital coins remain speculative assets. Read our in-depth reviews to learn more about online trading and risks.

What Is The Huobi Grid Trading Bot? 

Huobi offers a free Grid trading bot. Traders use it to automatically buy low and sell high. It is an excellent ally in executing different trading strategies.


Related:
Crypto.com Review
Binance US Review
Kraken Review
Coinbase UAE Review
BitOasis Review
Cex.io Review
Bittrex Review
Bitfinex Review
BitPanda Review
Bitstamp Review
Gemini Review
Coinmama Review
HitBTC Review
Kucoin Review
Uniswap Review
Gold Age Review
Liberty Reserve Review
CoinSpot Review
Coinjar Review
Coinfloor Review
CoinCorner Review
Rain Review
FTX Review
Bitso Review
BitMex Review
BitFlyer Review
BitClout Review
Bittylicious Review
Poloniex Review
Shapeshift Review
Coin Nerds Review
CoinSwitch Review
Cryptopia Review
Changelly Review
CoinMena Review
Luno Review
Mercatox Review
Okex Review
Paxful Review
VirWox Review

Methodology 
Business24-7 aims to help those interested in cryptocurrency make safe and informed investing decisions. We are dedicated to offering our readers unbiased reviews of leading cryptocurrency exchanges for traders at all levels. Cryptocurrency exchanges are included in our reviews if they are safe, liquid, regulated by proper authority, or decentralized. 

Disclaimer:
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleUniswap Review
Next articlePoloniex Review
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here