Huobi Global is currently the second-largest cryptocurrency exchange in the world.
Huobi Global was originally established in China, and then gradually expanded its service scope, with offices all over the world one after another.
In 2018, its cumulative transaction volume has exceeded 1.2 trillion US dollars, and with 50% of the global transaction volume, it occupies the title of the world’s largest digital asset exchange, providing services to users in more than 130 countries.
“ICOProList” Huobi Exchange
|registration link||Huobi registration link (with 20% anti-commission referral code)|
|Deposit method||Credit/Debit Debit Cards, C2C, Cryptocurrency Wallets, Third-Party Platforms|
|highest leverage||125 times|
|Supported cryptocurrencies||Binance Coin, Bitcoin, Ethereum, Litecoin, and more, over 100 cryptocurrencies.|
|contact customer service||The official website has real-time online customer service, online messages,
or you can send an email to [email protected] for consultation
|Data finishing: ICO Pro List|
What “ICO Pro List” wants to evaluate this time is Huobi Exchange, the top three cryptocurrency exchanges in the world in terms of cryptocurrency trading volume.
What is Huobi Global?
Leon Li founded Huobi Exchange in 2013. It was initially established in China.
The turnover exceeded US$4 billion in 3 months after its launch, and it increased by 4 times in 2014. The volume is as high as 247.9 billion US dollars. In 2017, to expand global development, we successfully established bases in Singapore, Japan, South Korea, Russia, Hong Kong, and other places.
At the end of 2018, the turnover of Huobi Exchange exceeded 1 trillion US dollars, and it also became one of the top 3 cryptocurrency exchanges in the world. At the same time, it is known for its high security because it has not been successfully attacked by hackers since its establishment.
Advantages of Huobi Global
1. Support multiple cryptocurrencies
There are hundreds of cryptocurrencies that can be traded, such as Bitcoin, Ethereum, and other well-known cryptocurrencies, but investors are advised not to touch unpopular cryptocurrencies without sufficient research.
2. High liquidity and security
When buying cryptocurrency, you should choose the top 3 exchanges, because it means that the liquidity rate of cryptocurrencies is better, and the transaction will be smoother.
For example, if you want to buy a cryptocurrency, but the platform you choose has a small transaction volume, it will be difficult to find sellers who can trade with you, and it will be difficult to buy and sell transactions, so this is also the choice of a large platform when investing in cryptocurrency.
In addition, Huobi is also a highly secure exchange, with strict control over information security. Since its establishment, there has not been any successful incident of hacking.
3. There is a lower handling fee for using the platform currency
There is a 0.2% fee for the mutual trading of cryptocurrencies (the rate depends on the currency and method). If you use the platform currency (HT currency Huobi), you can enjoy more transaction discounts.
You can also use the designated referral invitation code when registering to get the current maximum 20% commission rebate.
4. Offer ICO
There are ICO services and many newly launched cryptocurrencies can be bought and sold on the Huobi exchange.
Huobi Global Huobi Disadvantages
1. High risk of cryptocurrency
Investing in cryptocurrencies is highly volatile and has high investment risks, but this is not a problem of the exchange, but mainly the problem of the investment target.
If it is a cryptocurrency exchange, it is necessary to select a well-known, preferably within the top 3, and have sufficient knowledge, understand various underlying risks, and do a good job in account security management.
2. Too many domains may make users wonder which is the right one
When applying for registration on the Huobi website, there are Huobi Global, Huobi Korea, Huobi Japan, Huobi China… You can decide which website you want to apply for according to your country of residence.
However, the domain names of Huobi are huobi.com, hbus.com, Huobi.pro, hbg.com… It may be confusing for users, and it is even easy to be used by fraudulent groups.
I saw this problem in the comments before when I was writing this article, so I went to the official website customer service to ask the reason. These links were used by the Huobi officials in the early years in order to cope with the inability to access certain domain names in certain countries, or as backup URLs.
In addition to the independent website of Coin America, these other links will point to the global official website of huobi.com, so the website of huobi.com shall prevail when using it.
Cryptocurrencies supported by Huobi Global
Huobi supports common cryptocurrencies, and there are currently more than 100 cryptocurrencies that can be traded on the Huobi exchange. Here are a few common cryptocurrencies :
- Bitcoin (BTC)
- Ethereum (ETH)
- XRP (XRP)
- Chainlink (LINK)
- Bitcoin Cash (BCH)
- Bitcoin Satoshi’s Vision (BSV) (Send Only)
- Litecoin (LTC)
- EOS (EOS)
The complete list of cryptocurrencies that can be traded on Huobi can be found on the official website of Huobi.
Buy and sell transactions on Huobi Global
Huobi Global Huobi Exchange offers trading in more than 100 cryptocurrencies, can also conduct contract trading (using leveraged short-term trading), and allows up to 125x leveraged trading, which means that a trader’s profit (or loss) can be multiplied by 125 times, but the risk is also magnified 125 times. (The risk of leveraged trading is extremely high, be sure to pay attention to the risks)
Stable Universal, a startup invested by Huobi Global Huobi Exchange, has launched the Huobi Stablecoin (HUSD), which has partnered with Paxos Trust Company, a qualified custodian company regulated by the New York Department of Financial Services (NYDFS).
The USD stablecoin is mainly used to simulate the value of legal tender (USD). You can imagine it as a cryptocurrency with an exchange rate close to 1:1 with the U.S. dollar. Because the price of cryptocurrency fluctuates greatly, it is a relatively high-risk investment. Stablecoins can reduce some risks, so stablecoins can also be regarded as safe-haven assets for cryptocurrencies. Common stablecoins are USDT, USDC, and BUSD.
Huobi Global Huobi fees
Huobi Exchange is the top three cryptocurrency exchanges in the world. It provides a variety of cryptocurrencies for trading.
Different services will have different rates (such as currency trading, leveraged lending, fiat currency trading, and contract trading). Detailed For fees, please refer to the introduction of fees on Huobi’s official website below.
Huobi’s handling fee is 0.2% handling fee for the most common exchange between different currencies (transactions between tokens and tokens, that is, currency-to-token transactions).
However, it will also be divided into general users and professional users according to the trading volume of the trading account, the BTC trading volume in the past 30 days, and the holdings of HT coins (Huobi platform currency). General users refer to the transaction volume (BTC) in the past 30 days as < 1000BTC, which is divided into 6 levels; while professional users refer to the transaction volume (BTC) in the past 30 days (BTC) ≥ 1000BTC, which is divided into 9 levels.
It will also give different currency transaction fees depending on whether the account is a maker (Maker) or a taker (Taker).
If you don’t know the difference between a pending order and a taker order, you can refer to the previous article on Bitcoin transaction fees.
"ICO Pro List" lists the current Huobi transaction (ordinary users) fees as follows
Huobi Global currency transaction (ordinary user) fee
|user type||grade||Last 30 days trading volume (BTC)||base rate||HT holdings||HT deduction mode|
|general user||1||< 1000 BTC||0.20%||≥10HT||0.18%||10% off|
|Source: Huobi website,
2021/5/1 Data arrangement: ICO Pro List
For example, if the trading volume in the last 30 days is less than 1000 BTC, it will be a common user level 1, but if the HT coin (Huobi Global platform currency) holdings are greater than 100HT, it can be promoted to the common user level 2.
At this time, a 0.16% currency transaction fee will be charged. You must upgrade to professional users, and then different currency transaction fees will be given depending on the maker or taker.
In fact, one of the characteristics of cryptocurrency is that the transaction cost is extremely low. In fact, the major exchanges are similar, and the competition is fierce.
For traders, the focus of the evaluation will still be on security and user experience.
Huobi Global Huobi Security
Huobi Global is currently one of the top three cryptocurrency exchanges in the world.
Although many countries have not yet made regulatory review regulations for cryptocurrencies, because Huobi Exchange provides global transactions and trades cryptocurrencies, there are quite a few. Therefore, many cryptocurrency investors still choose to trade on Huobi Global.
Many people worry that cryptocurrency exchanges are vulnerable to hacker attacks. However, in order to maintain the security of the digital trading environment and the rights and interests of investors, Huobi Global
adopts the top-level security risk control system developed by companies such as Goldman Sachs. The centralized exchange structure can reduce denial of service attacks (DDoS) by hackers.
In addition, Huobi Global launched the investor protection fund in January 2018, which is a safety reserve mechanism, they will buy back HT coins (Huobi platform currency) from 20% of the net income generated from all transactions, and will These tokens are placed in a user protection fund, which can compensate users in the event of hacking or security breaches.
In February 2018, Huobi Global launched a security reserve mechanism with a total amount of 20,000 BTC, which is the platform’s own assets and is stored in an independent address to deal with possible unexpected security incidents. In the event of any loss of user assets not caused by the user’s own reasons, Huobi Pro will withdraw funds from the security reserve to compensate the user in full in advance.
In addition to these protection measures, Huobi Global also recommends enabling the two-factor authentication factor after users log in, which allows users to receive double protection and reduce the impact of hackers and account vulnerabilities. In terms of current security, Huobi Global Huobi has never been successfully attacked by hackers.
However, users still need to pay attention when trading, they should avoid leaving a large amount of cryptocurrency in any exchange, and it should be safer to store cryptocurrency in their own cold wallet.
Huobi Global Huobi account opening
For the registration and account opening process of Huobi, you can read the following articles:
1. Huobi account registration and account opening teaching “1-minute registration and double verification (illustration teaching)
2. Huobi 20% invitation code registration link
Evaluation of "ICO Pro List": Huobi Global Huobi Exchange
- Huobi Global Huobi Exchange is currently the second largest cryptocurrency trading platform in the world, providing trading of more than 100 cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc.
- Huobi Global requires users to set up two-factor authentication when registering an account and also has a mechanism for investor protection funds and security reserves to prevent losses from being attacked by hackers.
- Huobi Global has a large number of cryptocurrencies that can be bought and sold, with good liquidity and cheap handling fees. In the customer service section, in addition to online customer service (supporting Chinese), there are also online messages, E-MAIL consultations, and other services.
More Huobi-related teaching:
1. Huobi Global Account Registration Teaching” 1-minute registration and double verification (illustration teaching)
2. Huobi 20% invitation code registration link
3. Huobi Exchange: Teaching of spot buying and selling orders
4. Huobi deposit process teaching
5. Huobi gold withdrawal process teaching
6. Ranking of the world’s top 20 cryptocurrency exchanges
"ICO Pro List" Crypto Currency Exchange Evaluation Criteria
The purpose of the “ICO Pro List” evaluation is to allow people who are interested in cryptocurrency investment to have enough correct information to make wise and safe investment decisions. Therefore, only “ICO Pro List” will make a fair assessment of reputable cryptocurrency exchanges on the market.
The criteria for choosing to comment on exchanges will be based on security, good liquidity, and at the same time being regulated by appropriate institutions, or when they are fully decentralized.
This article is for experience sharing and data collation. It does not mean any investment recommendation. The investment must be risky. Cryptocurrency is a very high-risk investment target. You must research and judge yourself before investing.
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