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Huobi review

Leon Li founded Huobi Global in 2013 and the exchange has grown its users to more than 5 million users. The exchange is supported in more than 180 countries and has affiliate and subsidiary companies in 12 other jurisdictions that include the US and Japan. Huobi Global processes 2-5 bln trades every day and it is one of the most secure exchanges. The exchange is listed on the Hong Kong Securities Exchange and its native token (HT) has grown from ICO price of $1.52 to over $4.

Please note that fees may vary based on your country or purchase amount. 

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  • Among the most trusted and most secure exchanges

 

  • Trusted by 5 million users

  • Huobi supports the purchase of bitcoin using credit or debit card

  • Holds more than 420,000 bitcoins of users

  • Available in 130 countries

  • Huobi OTC

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  • Does not support bank wire transfer purchase of bitcoin

  • Credit/debit card BTC purchase charged 8% fee

  • High fees relative to industry average 0.4%-0.03%

  • Staking rewards not supported

Can You Trust Huobi Global Exchange?

Yes. The exchange is among the most trusted crypto exchanges where one can buy bitcoin considering it has been around for over 7 years. Equally the amount of daily trading volume is 2-5 bln and it has a User Protection Fund acting as a guarantee for users’ bitcoins

Huobi Compares To Other Exchanges

Here are other good and trusted exchanges where users can buy bitcoin safely and how they compare to Huobi in various aspects.

  • Boasts more than 2.2 million users per day

 

  • Trading volume 100-300 mln

  • Trading charges 0.42%-0.1%

  • More than 30 cryptos supported

  • Available in over 180 countries

  • OTC Kraken

  • Enjoys more than 12 million users per day

 

  • Trading volume per day 10-12 bln

  • Lowest trading charges 0.1%-0.2%

  • More than 190 cryptocurrencies supported

  • Available in 180+ countries

  • OTC Binance

  • Most trusted exchange globally

  • More than 5 million users 

 

  • Trading volume per day 500 mln-2 bln

  • Trading charges 0.4-0.1%

  • Over 118 cryptocurrencies supported

  • Available in over 130 countries

  • OTC Huobi

Disclaimer

This website is for informational purposes only and it doesn’t provide any investment or financial advice related to website use. It is advisable that if you are seeking investment or financial advice to consult a professional to get more insights on the risks associated with cryptocurrencies. Most importantly do not invest what you can’t afford to lose. The website doesn’t guarantee investors any trading profit. We accept advertising commissions from partners like bitcoin wallets and cryptocurrency exchanges.