Everything you need to know about Huobi Global

Huobi cryptocurrency exchange provides traders with the opportunity to work with more than 200 cryptocurrency pairs that are broken down into 3 main markets: BTC, ETH, and USDT. The largest trading volume in Huobi Global is in the Bitcoin market. The exchange listing contains the most popular cryptocurrencies combined with little-known forks.

The Huobi trading terminal has good functionality. Clients can build a variety of charts, select time intervals, and use a rich set of options to customize charts. The available technical indicators in terms of their functionality are practically not inferior in capabilities to the tools of the MT4 terminal.

Traders can place markets and limit trades. The site provides a wide range of information regarding open orders, transaction history, and market depth. Collectively, customers can analyze in detail the current state of the market.

Basic information about Huobi Global crypto exchange

Huobi is a cryptocurrency exchange founded in 2013, and today it is an expert trading platform for professional traders. Initially, Huobi operated only in China, and after the reorganization, it appeared on the market under the Huobi.pro brand.

According to the statistics of the resource CoinMarketCap, it is included in the TOP-10 cryptocurrency exchanges in terms of trading volume. The daily trading volume exceeds $ 1,000,000,000. The most popular token on the site is Huobi Token (HT), issued by the exchange itself to fund its activities. The crypto exchange is known for its high data security, so special attention should be paid to registration and account verification.

The exchange interface has been translated into 12 languages. Moreover, the quality of the translation is, if not perfect, then close to it – there are practically no mistakes.

Functions provided by the platform

  • Using the exchanger. You can not only place orders to buy or sell a particular cryptocurrency but also change the currency immediately, at a favorable price offered by the crypto exchange itself;
  • Taking advantage of margin trading;
  • Using the opportunities associated with the development of blockchain technologies. In particular, you can participate in the development of various projects through the Huobi Labs App. In particular, your project can receive financial support if it receives the approval and interest of investors. The main task is to interest them;
  • Using voices to promote the best crypto projects. Thus, you can help promote projects in which you are interested and make good money on them in the future.

Registration in Huobi Global crypto exchange

Registration and interface of Huobi exchange are convenient to use, especially if you are an experienced trader. Below, there is a step-by-step instructions on how to register:

  • To register, go to the exchange website;
  • In the upper right corner of the main page Huobi Global, click on the Register button;
  • You can register via your mobile phone number or your email address. In both cases, you will receive a code that you will need to enter for confirmation during registration;
  • Choose the country of citizenship. If you indicate the wrong country, then you will need to send a photo of your passport and, if at that time the country does not coincide with the one you indicated, then the application will be rejected. It is important because after registration you will no longer be able to change your citizenship;
  • Then you come up with a password consisting of 8-20 characters, accept the terms of use of the exchange, and click on the Registration button.

Security of Huobi crypto exchange

To secure your money, you need to use all the possibilities that the trading platform has. Moreover, the Huobi Global cryptocurrency exchange is distinguished by increased security.

Activate the functions in the Account & Security tab in your account. It also displays the entire history of logins to your profile, indicating the date, time, and IP address of the device from which the login was performed.

Huobi functionality allows you to:

  1. Link your mobile phone to your profile. And every time you try to log into your account, the system will ask for a code that will be sent to your phone in the form of an SMS and without which it will be impossible to get into your account; 
  2. Synchronize your account with an email to make it more difficult for unauthorized persons to access it; 
  3. Use Google Authenticator, with the help of which you can change security settings, and passwords and perform secure transactions on the exchange.

In addition, the platform uses a specialized distributed system of protection against hacker attacks, and 98% of user funds are stored offline in cold multi-signature wallets.

Huobi Global crypto exchange fees

The commission on this resource is not fixed. Its size will depend on several factors. First of all, this is the type of currency and its volume used in the operation.

For the user who places the order, when working with dollars, the commission will be 0.1%. For the trader, whom the order picks up, the size of the commission will depend on the amount of money involved in his operations over the last 30 days. It ranges from 0.08% to 0.2%. If you decide to work with the yuan then the commission will be fixed, regardless of the trading volume – 0.2%.

In addition, a loyalty program has been developed on Huobi. Each trader receives VIP points for conducting transactions. For a certain number of points, you can reduce the commission for withdrawing funds in RMB.

For those who withdraw money in dollars, there is a single commission – 1% (1.5% for OKPAY). If you are making a bank transfer, the commission must be above $ 33.

When replenishing an account in dollars, you will also have to pay 1% of the amount if you make a transaction through a bank. 1.5 percent is paid when using OKPAY.

For those who use leverage when trading Bitcoins or Litecoins, the commission for each day will be 0.1%.