AAX vs Huobi: Fees, Coins, Safety Comparison
| Feature | AAX | Huobi |
|---|---|---|
Overall |
2.3 |
4.5 |
1 |
3.1 |
|
2.7 |
4.2 |
|
3.1 |
5.0 |
|
Investment Instruments |
2.1 |
5.0 |
Platforms and Charting Tools |
2.3 |
4.7 |
Deposit and Withdrawal |
1.8 |
4.7 |
Research |
2.3 |
4.3 |
Education |
2.3 |
4.5 |
Support |
1.7 |
4.6 |
Bonuses |
3.9 |
5.0 |
|
Your capital is at risk.
|
AAX vs Huobi: Pros and Cons
The AAX exchange is a platform for spot and futures trading of cryptocurrencies and tokens. There is an integrated service for the fast exchange of fiat-to-crypto. Bitcoin (₿), Litecoin (Ł), Ethereum (Ξ), Tether (₮), Bitcoin Cash, Tron, BAT, and dozens of other assets are traded on the exchange. You can deposit funds in USD, CNY, HKD, KRW, EUR, TRY, TWD, and SGD. Leverage x100 is available for futures trading. Spot commissions are 0.06%/0.1% for the maker/taker. Commissions for the futures market are 0.02%/0.04% for the maker/taker. Commissions are fixed, but it is possible to reduce them by trading with the AAB token and through bonuses in the form of rebates from the Traders Union. The exchange has a one-level referral program and investment programs (staking) with fixed and flexible deposits. There is a training academy with detailed
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.
| AAX | Huobi | |
|---|---|---|
| Overall Pros | the exchange offers a large selection of popular cryptocurrencies and coins; | Trading With Leverage up to 1:100 |
| spot and futures trading, futures with x100 leverage; | Derivatives, NFT Available | |
| Passive Income With Staking, Mining Pool, Crypto Earn program, Crypto loans | ||
| low fixed commissions for trading operations and withdrawals; | ||
| referral program with two types of bonus payments; | Crypto bonuses up to $170 | |
| the platform's own token, which makes trading more profitable; | 500+ supported coins | |
| high level of information security (complies with CCSS); | Strong Research | |
| LSEG technology for trading with a delay of up to 90 microseconds; | Free p2p transactions | |
| Overall Cons | no demo accounts; | No tier-1 regulation |
| no call center; | Higher trading fees | |
| no license data is available. |
AAX vs Huobi: Safety and Regulation
| Regulated By: | AAX | Huobi |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
AAX vs Huobi: Trading Conditions
| Trading Conditions | AAX | Huobi |
|---|---|---|
Minimum Deposit |
$1 |
$100 |
Trading Platforms |
TradingView |
Huobi |
Max Leverage (Futures) |
1-100 |
1-100 |
Number of Markets |
385+ |
1.087 |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies, fiat currencies |
20 fiat currencies + cryptocurrencies |
AAX vs Huobi: Fees
Trading Fees
| Fee | AAX | Huobi |
|---|---|---|
Max Maker |
0.1% |
0.2% |
Max Taker |
0.15% |
0.2% |
Min Maker |
0.016% |
0.0125% |
Min Taker |
0.04% |
0.07% |
Debit/Credit Card Purchase Fee |
0 |
0 |
Futures Trading fees
| Fee | AAX | Huobi |
|---|---|---|
Max Maker |
0.04% |
0.02% |
Max Taker |
0.06% |
0.05% |
Min Maker |
0.0096% |
-0.005% |
Min Taker |
0.024% |
0.02% |
Non-Trading Fees
| Fee | AAX | Huobi |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
0-1% |
Bank Transfer Withdrawal Fee |
Not supported |
0.001 |
Debit/Credit Card Withdrawal Fee |
Not supported |
0-3% |
BTC Withdrawal Fee |
0.0004BTC |
0.0001 BTC |
Inactivity Fee |
No |
No |
AAX vs Huobi: Trading Assets
| Asset Name | AAX | Huobi |
|---|---|---|
Overall |
385+ |
500+ supported coins |
Bitcoin (BTC) |
Yes |
Yes |
Litecoin (LTC) |
Yes |
Yes |
Dogecoin (DOGE) |
Yes |
Yes |
Binance Coin (BNB) |
Yes |
Yes |
Uniswap (UNI) |
Yes |
Yes |
Ripple (XRP) |
Yes |
Yes |
Polkadot (DOT) |
Yes |
Yes |
Cardano (ADA) |
Yes |
Yes |
Stellar (XLM) |
Yes |
Yes |
IOTA (MIOTA) |
No |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
Yes |
Yes |
Crypto ETF |
No |
No |
AAX or Huobi: Investment Programs
| Asset Name | AAX | Huobi |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
DeFi mining |
Huobi earn program, Crypto loans, |
Trading Platforms: Huobi or AAX
| AAX | Huobi | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
No |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Huobi or AAX
| AAX | Huobi | |
|---|---|---|
SMS Based 2 FA |
No |
Yes |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Huobi or AAX
| AAX | Huobi | |
|---|---|---|
Indicators |
Yes |
Yes |
Drawing tools |
Yes |
Yes |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
Yes |
Mobile trading: Huobi or AAX
| AAX | Huobi | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Huobi or AAX
| AAX | Huobi | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
Yes |
Stop Limit |
No |
Yes |
Trailing Stop |
No |
No |
AAX vs Huobi: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | AAX | Huobi |
|---|---|---|
Bank Transfer |
No |
Yes |
Credit/Debit Card |
Yes (Only deposit) |
Yes |
Electronic Wallets |
Yes (Only deposit) |
Yes |
Crypto |
Yes |
Yes |
AAX vs Huobi: Research
| Research Type | AAX | Huobi |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
No |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
AAX vs Huobi: Education
| Education Type | AAX | Huobi |
|---|---|---|
Demo-account/Paper Trading |
Yes |
No |
Courses |
No |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Webinars |
No |
Yes |
Huobi vs AAX: Support
| Support Features | AAX | Huobi |
|---|---|---|
Working Days |
24/7 |
24/7 |
No |
Yes |
|
Phone |
No |
No |
Online chat |
No |
Yes |
Other |
Ticket |
No |
AAX vs Huobi: Crypto Bonuses and Promo
| Promo | AAX | Huobi |
|---|---|---|
Crypto Bonus |
Welcome Bonus 50 USDT, temporary contests |
Crypto Bonuses up to $170 |
Affiliate Program |
The client will receive 20% of his referral's commission fees. |
40% of the partner's trading commissions |
|
Your capital is at risk.
|
Top 5 Reviews on Huobi
-
Comment
HuobiGlobal media authenticator helps limits the rate at which scammers use social media channels they claim is affiliated with them to scam. I was a victim of social media scam and it was telegram the people claim is connected to the broker I was using to trade crypto then used, I have to stop trading after I got scammed. I registered with HuobiGlobal and with the HTX official media authenticator, i can identify social media channels truly affiliated with HTX. It is important for traders to watchout for scammers using some crypto exchanges to hide thier thier identity. With the HuobiGlobal media authenticator, ensure you verify each social media channels that tells you they are affiliated with HTX before you subscribe.
-
Comment
What I liked about Huobi is that here you won’t be left alone with the market. They will always help if needed. They help those who are just starting and don’t currently have a strategy. It is important to note that trading and conditions here are suitable for everyone. Both novice and experienced traders feel comfortable here.
-
Comment
HuobiGlobal trading platform includes a trading bot that you to trade with quant strategies. You can configure this bot to trade with strategies like mean reversion which focuses on the reverting of the price of stocks and financial instruments to their average value. This bots monitors the market, identify the best trade format, and executes the trade using the parameter set by the trader. The HTX grid trading bot an excellent tool for financial derivatives that to buys gradually when the market goes down, and sells automatically when the market starts to recover. The best way to maximize investors' profits in a volatile market is to buy coins during periods of declining value and earn USDT during periods of strong market conditions! Because major tokens are highly liquid and guarantee capital preservation and appreciation, the Grid Trading Bot is especially useful when trading them.HTX provides a grid trading user guide to help traders get started with the platform bots.
-
Comment
HuobiGlobal customer service was helpful and patient with me during my account verification. Verification on HuobiGlobal took me time and to pass pass level 4 which is the address verification and it was approved after 2 days which I think was a long time to verify an account. But the account still hadn't verified the message from the customer care is account did not match with profile this was because the naming differences in profile and id. It then I realized that the name and country different. The issue was resolved with the help of the customer agent. So, I went through this long process because name and country was not same as seen on the passport.
-
Comment
My impression of Huobi is quite ok. There are good charts. At first it was not quite usual to trade here, as there are still some peculiarities, but now everything is fine.
Top 5 Reviews on AAX
-
Comment
Hello!! 4 weeks ago I ordered the withdrawal of money in AAX. There is nothing on the account so far, and I also cannot contact the support, because they do not get in touch. They owe me $3,000.
-
Comment
Complete scam, I tell you! I can't recommend this company because I don't know. how can you trade here. Trade is very poor quality. You won't be able to earn.
-
Comment
In a short period of trading and with the help of AAX, it was possible to reduce the already low brokerage commissions to zero. For competitors, this is possible only if the volume of transactions is increased to a value that is unattainable for most traders. Here, the volumes are not important, you just need to use the exchange token as the main method of calculation when carrying out all operations. In my free time away from trading I participate in competitions that are constantly held on the company's website. I can’t boast of success yet, but I derive pleasure from the process itself!
-
Comment
In my opinion, Asian exchanges in the digital market have long outdone competitors from Europe and the United States, which occupy first places in various ratings. The proof of this is the AAX crypto exchange, which uses the latest technologies both in trading services and in ensuring the security of clients' data. You can familiarize yourself with the trading conditions on the company's website, and they are really very profitable. On all counts, AAX fulfills these conditions. You cannot trade without verification, but this is already a common practice among crypto brokers.
-
Comment
Although I am a beginner, I trade very actively. The main criterion for choosing a crypto exchange was the possibility of over-the-counter trading on weekends, which AAX provides. Of course, I also checked out that AAX offers spot trading. I don't have much experience in trading yet, so this simplified version is just what I need. On the exchange I found a section for self-study, which includes a glossary! I'm new to the AAX exchange, and so far I like everything. I hope that everything will be fine with the withdrawal of funds.
FAQs
What should I start Crypto trading with?
For starters, you need to learn what crypto trading is, understand what cryptocurrency is and the risks and opportunities cryptocurrency trading has. It is also important to learn the existing strategies. The second step is to choose the best crypto exchange with good trading conditions. A demo account that you can use to gain valuable experience risk free is an important advantage of an exchange.
What amount should I start trading with?
It is recommended to start trading cryptocurrencies with a small amount. That way, if you partially lose it, it won’t pose a serious financial problem for you. This is because cryptocurrencies are highly volatile, which carries certain risks for novice traders. The majority of cryptocurrency exchanges allow traders to start from a small amount – from $1 to $50 or its cryptocurrency equivalent.
What should I take into consideration when choosing a crypto exchange?
The first thing experts recommend looking at when considering crypto exchanges is their reliability. Other important features include basic trading conditions, commissions and fees, customer reviews. If crypto exchanges are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One crypto exchange may be good for professionals and another – for novice traders.
Can a cryptocurrency exchange turn out to be a scam?
Unfortunately, this does happen. Therefore, it is better to choose cryptocurrency exchanges that have been operating in the market for at least several years and have a stable reputation. Regulation of an exchange in one of the countries with high legal culture is also an advantage.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.