Huobi Review (Huobi Global) 2024
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web platform
- Mobile application
- OTC trading
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- $1
- Web platform
- Mobile application
- OTC trading
Our Evaluation of Huobi Global
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Huobi Global is one of the top cryptocurrency exchanges in the financial market with the TU Overall Score of 8.96 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Huobi Global clients on our website, Traders Union expert Anton Kharitonov believes he can recommend this company as the majority of reviews prove that the broker’s clients are fully satisfied with the company.
The Huobi Global cryptocurrency exchange offers traders a wide range of financial assets, but the company's activities are not certified, which may entail high financial risks during cooperation.
Brief Look at Huobi Global
Huobi Global (pronounced “haw-be”; with “huo” meaning “hot” or “popular” and “bi” meaning “coin” or “currency” = “popular currency”) is a global cryptocurrency exchange that was founded in China but is headquartered in Seychelles. The work of the international company Huobi Global started in 2013. The cryptocurrency exchange allows traders to carry out transactions with a variety of assets, including about 300 currency pairs and cross rates. There is no information on whether this company is licensed and the exchange hasn’t received any awards during its brief activity. More about the safety of cooperation with Huobi.
- a vast array of trading instruments;
- the minimum level is US$1;
- the site is integrated for clients worldwide.
- lacks a demo account;
- few ways to contact support;
- the activities of the cryptocurrency exchange are not licensed or regulated by any authority;
- clients' financial assets are not protected by segregated accounts or compensation payments in the event of an exchange liquidation;
- there are no training materials or courses for users on its website.
TU Expert Advice
Financial expert and analyst at Traders Union
Huobi Global is a popular worldwide cryptocurrency exchange, which can be safely called universal since the minimum deposit is only $1 but demo accounts are not available to exchange clients.
Among cryptocurrency exchanges, Huobi Global is distinguished by 300+ trading instruments. Trading is carried out in several formats. It is possible to trade on the web platform that is built into the user's account, as well as trade from mobile devices using the Huobi Global application. The company also periodically runs promotions that include financial rewards to participants.
The Huobi Global website contains basic information about the exchange's activities, while the website’s interface is fully adapted for English-speaking users. It is worth noting that the exchange does not provide details on its license, if any. Also, it has no section that contains training materials.
- You are interested in yield-generating opportunities. Huobi offers the ability to deposit funds and earn attractive yields ranging from double-digit to triple-digit percentages on various cryptocurrencies, making it appealing for those seeking passive income streams.
- You appreciate educational resources. Huobi offers educational content to help users stay informed about cryptocurrency markets and trading strategies, empowering them to make informed investment decisions and improve their trading skills.
- Regulatory concerns are a priority for you. Huobi Global operates from an unlicensed entity in Seychelles, which may raise regulatory concerns in certain jurisdictions. It's important to consider the regulatory landscape and potential risks associated with trading on an unlicensed exchange.
- You are a US citizen. Huobi Global is not accessible to US citizens due to regulatory restrictions. If you reside in the United States, you will need to explore alternative exchanges that are compliant with US regulations.
Huobi Global Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
💻 Trading platform: | Web platform, mobile app for iOS and Android |
---|---|
📊 Accounts: | Standard |
💰 Account currency: | Account replenishment is possible in all currencies and cryptocurrencies provided by the exchange |
💵 Replenishment / Withdrawal: | Cryptocurrency wallet |
🚀 Minimum deposit: | 1 USDT / 0,0005 BTC |
⚖️ Leverage: | Up to 1:200 |
💼 PAMM-accounts: | No |
📈️ Min Order: | No |
💱 Commission: | No |
🔧 Instruments: | Cross rates, currency pairs |
💹 Margin Call / Stop Out: | No |
🏛 Liquidity provider: | No |
📱 Mobile trading: | Yes |
➕ Affiliate program: | Yes |
📋 Orders execution: | Market |
⭐ Trading features: | OTC trading |
🎁 Contests and bonuses: | Yes |
The trading conditions provided by Huobi Global exchange are competitive. So, the minimum deposit is $1 — or 0.0005 BTC, when replenishing in any of the currencies on the site. The size of the deposit is automatically converted. More than 140 assets are available on the exchange, which contains more than 300 currency pairs. The exchange does not provide information on the size of its spreads, leverage, margin calls, and stop / out levels, or the minimum order sizes.
Share your experience
- Best
- Last
- Oldest
Convenient trading platform and favorable commissions
While looking for negative sides of the company
wounderfull orgnization
there is no any weakness
Customer service
Nothing
Helped with passport verification
Took time to process passport
Commissions and fees
Account type | Commission (minimum value) | Withdrawal commission |
---|---|---|
Standart | $18 | Absent |
There is no information on the commission for transferring a position to the next day on the exchange website (swaps). Trading fees at Huobi Global have been analyzed and compared to other popular trading exchanges. Based on the data obtained, the commission level of the exchanges was determined as low, medium, or high.
Broker | Average commission | Level |
---|---|---|
|
$18 | |
|
$6 | |
|
$20 |
Investment Options
Huobi’s Global Cryptocurrency Exchange aims to provide services for productive work. The company does not provide investors with the necessary programs to generate passive income (e.g., PAMM accounts, etc.). However, the exchange still allows users to make a profit from its affiliate referral program.
If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.
Huobi Global’s affiliate program:
Huobi Global Referral Program. Any client of the company can join the program. The partner's task is to attract new users using an individual referral link. The partner receives a financial reward in the form of a 15% commission from all trading done by the attracted referral. The bonus is credited within 12 months.
The more clients a partner attracts the higher his commission. Thus, the user can make money with the exchange, even without being an active trader.
User Satisfaction