Huobi experiences
We tested the crypto exchange Huobi. It was founded in China in 2013 and was originally only planned for the Chinese market, but the exchange is now available in over 170 countries.
The crypto exchange has its headquarters in South Korea and an office in Japan. In 2018, Huobi was listed on the Hong Kong Stock Exchange.
You can find all experiences in our stock exchange test.
possibilities
Huobi offers a variety of opportunities and trade types.
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spot trading
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Margin Trading
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Futures trading
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Lending & Staking
Is the crypto exchange safe and reputable?
We couldn't find any negative points when it comes to security, so our conclusion Huobi is safe and reputable.
Huobi fees
The fees at Huobi are 0.2% for buying and selling, if you pay the fees with the Huobi token, the fees are only 0.1%, you can also register via our website and still receive them as part of the affiliate program 30% fee reduction once, so that the fees are only 0.07%. This makes Huobi one of the cheapest exchanges in the world.
Deposit & Withdrawal
Binance does not charge any fees for deposits, only the payment provider can charge fees.
There are no fees for the payout at Binance, unless the payout is made with cryptocurrencies, here you have to pay the network fees of the respective cryptocurrency.
deposit options
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debit card
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SEPA bank transfer
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Credit card
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cryptocurrencies
Payout Options
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SEPA transfer
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cryptocurrencies
Registration
Signing up for Huobi is very easy, all you need is your email address or phone number and a password.
Then all you have to do is select your country and confirm the email and you can start trading.
If you register through our website you will still receive a lifetime 30% fee discount.
user interface
Huobi has a similar user interface to other major exchanges but is a bit more confusing, this is often overwhelming for beginners, but with a little practice you will find your way around here very well.
The same applies to the app, which is available for all common providers.
support
The crypto exchange offers ticket support and live chat. However, experience has shown that you have to wait some time for an answer.
Huobi experience conclusion
In conclusion, Huobi is quite a serious exchange that can score with low fees and a large selection. A small disadvantage is that Huobi has a lot of functions for beginners, which makes it difficult to understand everything.
We recommend the exchanges KuCoin & Binance for beginners. You can also find these experiences on our website.