If you want to buy specific cryptocurrencies or coins with your fiat money, Huobi may be the exchange for you. In this review, we’ll cover the basics of Huobi in depth including its pros and cons, fee schedule, services and more. Let’s get started!

Huobi At a Glance

Minimum Deposit100 USD
Number of Cryptocurrencies375
Deposit fees0.001 BTC
Mobile AppAvailable
Customer Service24/7 Phone, email and chat
LocationSeychelles

With the help of Huobi Global you can trade difefrnt digital currencies. They provide their own special currency called Huobi Token. You can use it to pay for trading fees at a lower cost.

Huobi: Pros and Cons

ProsCons
Offers high liquidityVerification process in a bit difficult or lengthy
24/7 customer supportMobile app is not available
Highly securedNot available in all states of US
Supported large number of crypto currencies Not beginner friendly
Largest exchange in crypto market 

Top Perks of Huobi

Huobi exchange offers a wide range of Key features. Let’s take a look on it!

Security

Huobi is committed to ensuring the security of its users and their funds. It has implemented robust security measures, including offline storage for cryptocurrencies and advanced verification procedures.

Spot Trading with Margin

Huobi offers 1000 trading pairs on their platform, including cryptocurrencies. On their special pro platform, users can access detailed market information and make various types of orders. They also allow margin trading with up to 5x leverage.

Staking

It is committed to provide fixed-term and flexible staking opportunities. It has the option earn passive income with your cryptocurrency holdings on the platform. Users can join Huobi Primepool to stake coins for a short period and earn reward.

Lending and Borrowing

You can take the opportunity to borrow crypto loans by using assets like USDT, USDC and ETH with the help of Huobi. The interest rates can vary and depend on factors like collateral assets, loan duration, and the current market conditions.

Cryptocurrencies Available on Huobi

Here are the glance of available cryptocurrencies:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Monero (XMR)
  • Huobi Token (HT)
  • Huobi USD (HUSD)
  • Dogecoin (DOGE)
  • Tether (USDT)
  • Tron (TRX)
  • Uniswap (UNI)
  • Zcash (ZEC)

Huobi Trading Fees

Huobi Global imposes a base fee of 0.2% on its trading transactions. However, individuals who hold Huobi Token are enjoy fee discount that become more reduces as the amount of Huobi Token in their exchange wallet increases.

General fee schedule for Huobi

TypeLevelPast 30-Day trading volumeBase Fee RateHT holdingsFee RateEffective Discount
Normal use1<1000 BTC0.20%≥10HT0.18%10%
Normal use2<1000 BTC0.20%≥100HT0.16%20%
Normal use3<1000 BTC0.20%≥500HT0.12%40%
Normal use4<1000 BTC0.20%≥1,000HT0.09%55%
Normal use5<1000 BTC0.20%≥2,000HT0.08%60%
Normal use6<1000 BTC0.20%≥5,000HT0.07%65%

Professional Trader Fee Structure

TypeLevelPast 30-Day trading volumeHT holdingsMakerTaker
Professional Users1≥700 BTC≥2,000HT0.0362%0.0462%
Professional Users2≥1000 BTC≥2,000HT0.0249%0.0420%
Professional Users3≥3500 BTC≥2,000HT0.0249%0.0378%
Professional Users4≥7000 BTC≥2,000HT0.0252%0.0336%
Professional Users5≥10,000 BTC≥2,000HT0.0224%0.0308%
Professional Users6≥15,000 BTC≥2,000HT0.0210%0.0294%
Professional Users7≥30,000 BTC≥2,000HT0.0168%0.0252%
Professional Users8≥60,000 BTC≥2,000HT0.0126%0.0210%
Professional Users9≥100,000 BTC≥2,000HT0.0097%0.0193%

Trading and Withdrawal Limits

 Complete RegistrationComplete ID VerificationComplete Advanced Verification
ExchangeDigital Assets Withdrawal Quota: 0.06 BTC/24hDigital Assets Withdrawal Quota: 100 BTC/24hDigital Assets Withdrawal Quota: 100 BTC/24h
P2PSingle or Total Trade Volume Quota: 156 USD (Est.)Single Trade Volume Quota: 313 USD (Est.) or Total Trade Volume Quota: 1569 USD (Est.)No Upper Limits
DerivativesNot Available No upper limits if activating all Derivatives accounts No upper limits if activating all Derivatives accounts

Payment Methods

MethodDepositWithdrawSpeed
Bank Account (ACH)NoNon/a
Credit CardYesNoInstant
Wire TransferYesYes1-3 Days
Debit CardYesNoInstant
CryptocurrencyYesYes5+ minutes

Top Huobi Reviews

Frequently Asked Questions

Where is Huobi located?

Currently, Huobi headquarter is located in Seychelles and it operates in 190 countries.

Is Huobi safe?

Huobi provides various tools to keep you safe. It has a feature in which your account is locked if you entered the password incorrectly too many times. It protects your account from any malware attacks.
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