Delta Exchange vs Hoo: Fees, Coins, Safety Comparison
| Feature | Delta Exchange | Hoo |
|---|---|---|
Overall |
3.4 |
3.1 |
1 |
1 |
|
3.7 |
4.1 |
|
4.0 |
4.4 |
|
Investment Instruments |
4.1 |
3.8 |
Platforms and Charting Tools |
3.7 |
3.6 |
Deposit and Withdrawal |
3.4 |
2.8 |
Research |
3.6 |
2.1 |
Education |
3.1 |
3.7 |
Support |
3.6 |
3.3 |
Bonuses |
4.1 |
2.2 |
|
Your capital is at risk.
|
Delta Exchange vs Hoo: Pros and Cons
The Delta exchange offers futures, options, and interest rate swap trading with 1:100 leverage. There is also over-the-counter trading. Bitcoin, Litecoin, Ethereum, Ripple, Tether, Bitcoin Cash, Stellar, Tezos, and other cryptocurrency assets are traded on the platform, but there are no fiat funds. The exchange provides the standard TradingView web terminal and a proprietary mobile application with a simple but adaptive interface. Protection of user data and funds is ensured by multilevel encryption, two-factor authentication, and cold storage of cryptocurrency. The exchange does not set minimum deposits. Trading fees are fixed and fees are below the market average (0.1% for swaps, 0.05% for options). There is a one-level referral program and auto trading service.
The Hoo exchange is a platform for exchanging and trading cryptocurrencies and tokens. Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Tether, and others are among the renowned cryptocurrencies traded on the platform. The US dollar, Chinese yuan, and South Korean won are among the fiat currencies. In addition to spot trading, simplified trading and an OTC exchanger are offered. The use of PoSA (electronic point-of-sale) technology on the servers guarantees the speed of all operations within three seconds.
| Delta Exchange | Hoo | |
|---|---|---|
| Overall Pros | all popular cryptocurrencies are traded on the exchange; | all popular cryptocurrencies and tokens are traded on the exchange; |
| the pool of coins is constantly replenished (there is a voting service); | ||
| mutually beneficial referral program; | three fiat currencies are presented — namely, dollar, yuan, and won; | |
| trading with leverage up to x100; | user-friendly and convenient trading terminal for the web; | |
| no minimum deposit; | mobile application with an intuitive interface; | |
| low commissions; | the opportunity to invest in blockchain projects; | |
| there are tutorials for beginners; | purchase, sale, and repair of mining equipment; | |
| robotic trading based on ready-made strategies; | low fees up to 0.2/0.2% for the taker/maker. | |
| Overall Cons | no investment decisions; | no direct communication with managers (only tickets); |
| no fiat; | website and web terminal crashes were recorded; | |
| there is no call center. | no data about license and registration. |
Delta Exchange vs Hoo: Safety and Regulation
| Regulated By: | Delta Exchange | Hoo |
|---|---|---|
SEC |
No |
No |
FINRA |
No |
No |
SIPC Protection |
No |
No |
Other Regulators |
No |
No |
Delta Exchange vs Hoo: Trading Conditions
| Trading Conditions | Delta Exchange | Hoo |
|---|---|---|
Minimum Deposit |
$1 |
$1 |
Trading Platforms |
Delta Exchange |
Proprietary TradingView terminal |
Max Leverage (Futures) |
1-100 |
1:1 |
Number of Markets |
100+ |
850+ |
Trading Accounts |
1 |
1 |
Base Account Currencies |
Cryptocurrencies |
Cryptos, currencies |
Delta Exchange vs Hoo: Fees
Trading Fees
| Fee | Delta Exchange | Hoo |
|---|---|---|
Max Maker |
0.0005 |
0.2% |
Max Taker |
0.0005 |
0.2% |
Min Maker |
0.0005 |
0 |
Min Taker |
0.0005 |
0.05% |
Debit/Credit Card Purchase Fee |
Not supported |
Not supported |
Futures Trading fees
| Fee | Delta Exchange | Hoo |
|---|---|---|
Max Maker |
0.1% |
0.2% |
Max Taker |
0.1% |
0.2% |
Min Maker |
0.02% |
0.1% |
Min Taker |
0.05% |
0.1% |
Non-Trading Fees
| Fee | Delta Exchange | Hoo |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
No |
No |
Bank Transfer Withdrawal Fee |
Not supported |
Not supported |
Debit/Credit Card Withdrawal Fee |
Not supported |
Not supported |
BTC Withdrawal Fee |
0,0005 BTC |
0.000047 BTC |
Inactivity Fee |
No |
No |
Delta Exchange vs Hoo: Trading Assets
| Asset Name | Delta Exchange | Hoo |
|---|---|---|
Overall |
100+ |
850+ |
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) |
Yes |
Yes |
Tron (TRX) |
Yes |
Yes |
Derivatives (Futures) |
Yes |
Yes |
NFT |
No |
No |
Crypto ETF |
No |
No |
Delta Exchange or Hoo: Investment Programs
| Asset Name | Delta Exchange | Hoo |
|---|---|---|
Staking |
Yes |
Yes |
Mining pool |
No |
Yes |
Managed Accounts |
No |
No |
MAM/PAMM |
No |
No |
Other |
Robo Strategies |
Liquidity Mining |
Trading Platforms: Hoo or Delta Exchange
| Delta Exchange | Hoo | |
|---|---|---|
Web |
Yes |
Yes |
Desktop |
No |
Yes |
Mobile (Android, iOS) |
Yes |
Yes |
|
Your capital is at risk.
|
Trading Platforms Features: Hoo or Delta Exchange
| Delta Exchange | Hoo | |
|---|---|---|
SMS Based 2 FA |
No |
No |
App Based 2 FA |
Yes |
Yes |
Voice Call 2 FA |
No |
No |
Search Bar |
Yes |
Yes |
Filters |
Yes |
Yes |
Technical Analysis: Hoo or Delta Exchange
| Delta Exchange | Hoo | |
|---|---|---|
Indicators |
Yes |
No |
Drawing tools |
Yes |
No |
Historical Trades |
Yes |
Yes |
Live 2 Quotes |
Yes |
No |
Mobile trading: Hoo or Delta Exchange
| Delta Exchange | Hoo | |
|---|---|---|
iOS Version |
Yes |
Yes |
Android Version |
Yes |
Yes |
Apple Watch App |
No |
No |
Touch ID |
No |
No |
Face ID |
No |
No |
Types of orders: Hoo or Delta Exchange
| Delta Exchange | Hoo | |
|---|---|---|
Market |
Yes |
Yes |
Limit |
Yes |
Yes |
Stop Loss |
No |
No |
Stop Limit |
No |
No |
Trailing Stop |
No |
No |
Delta Exchange vs Hoo: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Delta Exchange | Hoo |
|---|---|---|
Bank Transfer |
No |
Yes (Only deposit) |
Credit/Debit Card |
No |
No |
Electronic Wallets |
No |
No |
Crypto |
Yes |
Yes |
Delta Exchange vs Hoo: Research
| Research Type | Delta Exchange | Hoo |
|---|---|---|
News Feed |
No |
No |
Fundamental Data |
No |
No |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Delta Exchange vs Hoo: Education
| Education Type | Delta Exchange | Hoo |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Courses |
No |
No |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Webinars |
No |
No |
Hoo vs Delta Exchange: Support
| Support Features | Delta Exchange | Hoo |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
No |
No |
Online chat |
Yes |
Yes |
Other |
No |
No |
Delta Exchange vs Hoo: Crypto Bonuses and Promo
| Promo | Delta Exchange | Hoo |
|---|---|---|
Crypto Bonus |
Welcome Bonus up to $2,500 in USDT |
No |
Affiliate Program |
After passing the KYC verification (data confirmation), the affiliate will receive a 10% discount on upcoming trading commissions. But it is valid for only six months from the date of registration. You will receive 15% of all your referral's trading commissions, and these payments are perpetual. That is, they are available for as long as your affiliate is trading on the platform. However, 12 months after the registration of the invited user, payments are reduced to 10%. |
Each user who comes through your affiliate link and is registered and verified on the exchange will become your first-level partner. Your second-level partner will be every user who is invited to the exchange by your first-level partner. The number of partners is not limited. You can get the following bonuses for partners: 50 points for registration/verification of a first-level partner (the partner also receives 50 points); from 3% from all fees of a first-level partner for trading operations; from 2% from all fees of a second-level partner for trading operations. |
|
Your capital is at risk.
|
Top 5 Reviews on Hoo
-
Comment
Hoo has good support for fiat currencies. In addition to USD and EUR, there are currencies such as KZT, UAH, PLN, and many others. You can withdraw cryptocurrency both to blockchain wallets and through the P2P service to bank cards. In general, there are enough services on Hoo. Disadvantages are the necessary verification, which may cause problems and very poor technical support.
-
Comment
I will tell you how I was deceived on the exchange hoo.com. Around November 2022, the exchange stopped working. There were no notifications from the exchange administration, I just had difficulty accessing my account on the platform. In my personal account, I received a message stating that until July 2023, it would be possible to withdraw money from hoo.com. But after submitting the application, there were no further actions. Five months later, I couldn't even log into my account. And now the hoo.com website doesn't work at all. There are over 10,000 USDT left on the exchange.
-
Comment
I don't know why I decided to try this Hoo exchange. They deducted money from my card, but nothing was credited to the exchange balance. Although I bought cryptocurrency using the details specified in my account. I contacted the Hoo exchange support several times for assistance, but they never refunded me either to the card or the balance.
-
Comment
The hoo.com exchange is engaged in deception. I have been unable to withdraw 8 ETH for more than two weeks. Initially, the exchange forced me to undergo KYC verification for the second time. Now they have informed me that due to a high volume of requests, my withdrawal request is in a queue. Typically, ETH withdrawals are processed on other platforms within a couple of hours. However, at the hoo.com exchange, it has been more than two weeks. I do not recommend partnering with this exchange.
-
Comment
When you withdraw dollars to your bank card, Hoo exchange withholds a large fee. Overall, fees are withheld for everything here, not only for executing trades. There are fees even for internal transfers, although there are no such fees on other exchanges. Withdrawals to cards from Hoo exchange take a week; I have never made withdrawals to a crypto wallet.
Top 5 Reviews on Delta Exchange
-
Comment
The main advantage of Delta Exchange is security. I've been monitoring reviews and information for a long time and haven't found a single word about hacking or hackers. I've been working for over two years, initially seeking help from customer support. The Delta Exchange platform works fine, although I've encountered a couple of issues a few times. However, there are plenty of market analysis tools in the terminal. Additionally, this exchange has a decent mobile app version.
-
Comment
The Delta Exchange is a blatant scam! I transferred money there to exchange cryptocurrency at a favorable rate. But my payment was credited to the account only after two weeks. No one explained to me why such a delay occurred. And of course, I received the cryptocurrency at the current rate, which was very unfavorable. When I tried to sell, my order was queued. And again, I sold at an unfavorable rate. As a result, I returned from the Delta Exchange account with only half the amount of money I transferred!
-
Comment
I do not recommend collaborating with Delta Exchange. The company's website performs very poorly. Logging into the personal account involves two-factor authentication, but there are constant issues with the SMS code. While Delta Exchange's website lists low fees and does not specify the withdrawal fee for cryptocurrencies, many reports indicate that there is a withdrawal fee.
-
Comment
For over a month now, I have been unable to withdraw my deposit from the Delta exchange. I've been dealing with this company for almost a year, and it's the first time I've encountered such a situation. I want to withdraw in USDT, which is not fiat, so the withdrawal should be quick. However, Delta initially required me to undergo a new identity verification, and then confirm my country of residence. Now, the exchange's support team is suggesting that I wait. I want to close my account here as soon as possible and get my money.
-
Comment
Delta Exchange may block its client accounts. I have seen reviews from many users who write about that. And the reasons are different, often for no reason at all. After researching reviews of Delta Exchange, I decided not to open an account here. It is better to look for a more reliable exchange.
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.