Huobi Global Exchange Review

 
 

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Pros

  • Available on Windows & Mac OS

  • Trade on IOS & Android apps

  • 24/7 customer service

  • Competitive fees

  • High liquidity

  • Fiat trading

  • Wide range of digital assets available

Cons

  • Not available to US citizens

What is Huobi Global?

Huobi Global is a digital asset (crypto) exchange and service provider founded in 2013 in Beijing and incorporated in the Republic of Seychelles.

Originally, Huobi focussed on the Chinese markets but has recently shifted its focus towards the global market, attracting cryptocurrency traders from around the world.

The exchange boasts high levels of security along with a wide range of digital asset trading pairs to provide the user with a full, professional trading experience.

Available Countries

Huobi Global is open to traders from over 130+ countries and is regulated in major jurisdictions.

Huobi Global currently doesn’t support US citizens, therefore they released a US counterpart to offer regulated services to these clients. US citizens can access this by going to Huobi.com instead of Hbg.com. There are less assets available to trade on the US counterpart exchange due to regulation.

Fees

Trading Fees

Huobi Global offers competitive standard trading fees of 0.2% maker & taker on all asset pairs.

They also offer a tiered fee structure whereby if you hold their native token (HT), you can receive a reduction on your trading fees. See below for further details.

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Deposit & Withdrawal Fees

Huobi Global has no deposit fees.

Withdrawal fees vary based on the asset and the time of withdrawal, you can view the fee under the ‘Withdrawal Fee’ section on the withdraw page before you make a withdrawal.

Withdrawal Limits

Huobi Global offers verified and unverified accounts.

The difference between the two is the maximum amount of an asset you can withdraw during a 24 hour period.

The limit depends on the asset, you can view a list of the limits here.

Security

Huobi Global’s security is next-to-none. They incorporate 2 factor authentication along with email confirmation for all processes.

All client funds are secured in multi-signature cold wallets in addition to being monitored by the security team 24/7.

They have a dedicated security fund of 20,000 BTC (July 2019).

Supported Cryptocurrencies

Huobi Global supports over 400 different cryptocurrencies. One of the key differences between Huobi and other exchanges is the amount of USDT pairs they offer for altcoins, this allows for traders to trade more safely by mitigating the risk of Bitcoin dropping as traders can use stop-losses into USDT rather than BTC for a lot of Altcoins.

Mobile App

The Huobi Global mobile apps are very responsive and easy to use. In fact, we find the app easier to use than the Binance one. All processes are smooth and everything is easy to find. Both IOS and Android devices are supported.

The IOS app also supports FaceID for easy access to your assets.

 
 

Support

Huobi Global offer 24/7 support through multiple channels including email, live chat and telegram.

The live chat in-app is extremely efficient.

Huobi Token - what’s it all about?

Huobi Token is the native token of the Huobi Global exchange.

It acts similarly to other exchange tokens by offering various benefits including a discount on fees, entry into IEO sales and more.

Registering an Account

Registering an account on Huobi Global is simple and instant.

You can use either an email address or phone number to sign up.

Step 1: Click here

Step 2: Choose between registering with an email address or phone number

Step 3: Enter your details

Step 4: Confirm your registration by email or phone

Step 5: Deposit and start trading!

Huobi Trading Signals

In the Axsonex trading room, we provide detailed crypto signals for the Huobi Global exchange.

Other Services

Besides the main product; the digital asset exchange, Huobi offers many other services within its ecosystem. Below you will find a list of these services.

Huobi Wallet

A secure multi-chain mobile cryptocurrency wallet with a slick UX and high levels of security.

Supported currencies (July 2019): BTC, TRX, XRP, EOS, USDT, ETH, LTC, ADA, ATOM, ONT, BCH、BSV, ETC, IOST

Supported stablecoins (July 2019): USDT, TUSD, USDC, GUSD, PAX, EURT, DAI, EURS

Supported tokens (July 2019): ERC20, EOS, TRC10 & 20

Huobi News

Huobi news is a comprehensive digital asset news and research platform dedicated to educating the world about the cryptocurrency industry.

Huobi Chat

Huobi chat is an instant direct messaging platform built for the blockchain industry, it seeks to provide a place for everyone in the space to collaborate in a fair and efficient manner.

Huobi Pool

Huobi Pool is a digital asset mining pool run by Huobi Group. Huobi pool also has a native token similarly to the exchange called HPT (Huobi Pool Token).

Huobi Capital

Huobi capital is the investment arm of Huobi Group. It focuses on new and exciting blockchain projects in hope of expanding and maturing the digital asset industry. Their portfolio comprises of Blockstack, Theta Network, Ontology, Republic Protocol, Aelf and Thunder Token.

Huobi Cloud

Huobi Cloud offers complete exchange technical solutions. This allows for new exchanges to build on-top of Huobi as a white-label solution. This is revolutionary tech and allows for the development of new competition which is healthy for the industry.

Huobi DM

Huobi DM is Huobi’s margin trading solution. It offers leverage trading on BTC, ETH, LTC, EOS, BCH, XRP and TRX.

Referral Program

Huobi Global offers an enticing referral program with 30% rebates paid daily in USDT to your account.

The payouts are reliable and the referral dashboard is easy to use.


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