Huobi is an extremely popular crypto exchange that operates globally. It was established in 2013 and is considered to be one of the oldest exchanges that have been around. Huobi offers its services to traders in the UK, India, South Korea, Indonesia and many other countries. It helps traders purchase a wide range of cryptocurrencies such as Dogecoin, Bitcoin, Tether and more. Huobi review ranks among the top three crypto exchanges in terms of trade volume. Initially, it provided services to China only but now serves clients from more than 130 countries. The crypto exchange is headquartered in Seychelles and has offices in the UK, Japan, South Korea, Brazil, Hong Kong and more.
At Huobi, you can access more than 380 crypto assets and 200 coins which you can trade 24 hours a day. Huobi has its own token, known as Huobi Token (HT), which was issued in 2018.
Huobi Review – Regulation
Huobi is regulated by the Financial Conduct Authority (FCA), and complies with all the KYC policies that restrict withdrawals for those who have not finished the verification stage.
Huobi Review – Payment Methods
Huobi has more than 90 payment and withdrawal options available for its clients, such as bank transfers and debit and credit card payments. Additionally, users can also purchase tokens through credit cards. In case they have a fiat currency, you can make deposits and withdrawals using the following methods:
- Faster Payments
- USD Balance
Here are the numerous fees associated with Huobi:
Deposit and Withdrawal Fees
The minimum initial deposit requirement with Huobi is $100. Furthermore, there is an additional fee of 1% of your total deposit if you deposit via international wire transfer. Similarly, there are withdrawal fees of 1% for wire transfers.
Huobi has a fixed structure for fees charged based on the number of Huobi Tokens (HTs) held by a client. In case the trader has less than 10 HT, a basic fee of 0.2% is charged.
Huobi specializes in different markets and provides access to more than 200 crypto coins and tokens to buy and sell. Huobi Pro is the best place if you are interested in margin trading or wish to hold on to coins in the long run. Huobi OTC focuses on options and futures markets and intends to give customers sufficient freedom to set timeframes and prices to complete the deal.
Huobi Review – Mobile App
Huobi has a wide range of apps available for download on iOS and Android. A typical Huobi app lets users conduct any trading they wish. The app has multiple features allowing users to buy and sell cryptocurrencies on the exchange. In addition, Huobi has several other apps that can enhance your mobile trading experience. Huobi Chat is one app that lets users interact with each other and learn more about blockchain. Similarly, Huobi Pool allows users to begin mining and earn coins.
Huobi Deals And Bonuses
Users who are new to Huobi can register to complete the tasks to earn specific rewards. Once you complete all the tasks, you can make a bonus worth $170 and get it instantly deposited in your account. Additionally, Huobi also offers an “invite your friends: ” scheme. When people sign up with your referral code, you can receive a rebate of 30% on your trading fee. This cashback scheme must be availed before the expiry of 24 months.
Huobi has a strong customer support system. Whether you want to close or delete the trading account, you can contact the team 24*7. Furthermore, the team is committed to answering all your queries as quickly as possible. You can contact them via live chat or leave a message with the team. Traders can also contact them via Telegram.
Huobi is one of the biggest and most trustworthy crypto exchanges worldwide. Moreover, it provides access to a wide range of crypto assets to earn profits. They have many great reviews available online. You can begin your crypto journey with Huobi, as they are indeed experts when it comes to crypto.