About the Huobi Exchange
Huobi is a secure and reliable Chinese crypto exchange that is available in over 130 countries. The exchange was launched in 2013 by Leon Li and seen its popularity rise after BTCC closed. You can use fiat currencies to fund your trading account.
The exchange platform is hoping to go public on the Hong Kong stock exchange (HKEX).
• Website available in 10 languages
• Vote which coins & tokens are listed
• Project Centre
• Fund account with e-wallets
How Does It Work?
You can buy, sell and trade crypto coins such as Bitcoin and Ethereum on the exchange, plus there are almost 300 coins available to trade with.
The advance trading view has tools that can help plot market trends, see support and resistance lines, trading volumes and set your buy and sell limits.
To buy, sell or trade you will need an account; you can make an account quickly using a valid email and password. To make you account most secure, we suggest you use 2FA (Two Factor Authentication) using the Google Authenticator app or text alerts.
Depositing and Trading Fees
There no fees for deposit at the exchange. Trading fees will be taken from your completed trades. For example, if you are trading in Bitcoin, then you will pay BTC fees. Each coin has its own maker and taker fees; you will need to check the official site fees page to see how much of a % fee you will need to pay when trading them coins.
If you are a VIP account holder, you can get a discount on fees depending on your VIP level.
• VIP1 10% off
• VIP2 20% off
• VIP3 30% off
• VIP4 40% off
• VIP5 50% off
You can deposit into your account using fiat currencies including USD, GBP, EUR, CAD, AUD, RUB, HKD, SGD, CNY, INR, VND, KRW, CHF, TWD, NGN, IDR, PHP, KHR, BRL, SAR, AED, MYR, TRY, NZD.
You can deposit using a number of payment methods including bank/wire transfer, AllPay, PayPal and PayNow.
Withdrawal and Transfer Limits
Each coin has its own fees plus minimum and maximum withdrawal limits per day. We suggest you check the exchange fees page for more information about each coins limits and fees.
What Cryptocurrencies Are Available?
At the time of writing, there are 287 cryptocurrencies that you can buy, sell and trade at this exchange.
• Huobi Token
Trust and Fund Security
The exchange says it has $200 million USD under management which has been invested through the blockchain. The exchange also invests in quantitative market funds, incubators, wallets, mining, cyber security, DAPP and research amongst other things.
You can 'submit a request' on the support page if you need to contact them. You should find answers to most queries on their FAQ page.