About Huobi
Huobi is a popular crypto-trading exchange based in Seychelles, founded in China in 2013. The company and the its cryptocurrency exchange offer a safe and reliable place to buy, trade, store, earn and sell 305 cryptocurrencies.
Huobi serves tens of millions of users in more than 195 countries with more than 90 payment methods to convert FIAT into crypto. As a company, it has grown rapidly with offices in the city, South Korea, Japan and the United States.
Trading on Huobi exchange
The user interface of Huobi is clear and responsive on all devices, which is very appealing. The top menu is a quick drop-down menu to access all of Huobi’s features and services.
The chart order window is located in the middle of the order book on the right. Click on the price to automatically fill in or restrict the order. It is also possible to switch between light and dark modes and add charts to the favorites list.
When changing trade pair logs, Huobi does not remove the drawing tool and pattern overlay from the diagram. The chart analysis remains, but the chart can be removed by the trader.
 | ✔️ 300+ cryptocurrencies ✔️ 24/7 support ✔️ Low trading fees |  | Go to Huobi |
Huobi Mobile App
Huobi Global has an elegant and intuitive mobile trading app that can be downloaded on iOS and Android compatible devices. The app can be used to create an account, complete identity checks, deposit and withdraw money, conduct transactions and monitor live positions.
We can’t fault the trading experience, which stacks up well compared to other legacy coin trading platforms. Huobi Global has an overall rating of 3.8 out of 5 stars on Android Market Place based on more than 10,000 TrustPilot reviews.
The Exchange also offers a rare initiative, the User Protection Fund, which is not available on most exchanges on the Internet. This means that 20% of the net revenue from an annual trade goes to the repurchase of domestic cryptocurrency coins. In the event of a hacker incident on the website, users can get their lost coins back.
Supported Cryptocurrencies
The selection of coins available on Huobi is comparable to that of Binance and KuCoin and offers a similar number of digital currencies to buy, exchange and sell. Huobi supports 364 cryptocurrencies on its trading platform, including top cryptocurrencies such as Bitcoin, Ethereum, Cardano, Solana, Litecoin and XRP. It will also add new coins from the emerging blockchain industry, such as decentralised finance and meme tokens, which have grown in popularity in recent months.
The platform provides a full list of supported trading pairs in the Top Gainers column. This is useful to find trading pairs with the highest volume in the last 24 hours. Coin pairs such as USDT, HUSD, ETH, HT and selected old coins provide more than 927 different crypto-pairs to search and find trading opportunities.
Huobi Trading Fees
The trading fees are very reasonable and the Exchange does not differentiate between manufacturers and takers and charges a flat rate of 0.2%. Trading fees can be reduced by 0.1% on a sliding scale depending on the volume of trading. The reduced rate applies to accounts with a 30-day trading volume of at least 50 BTC on the crypto exchange.
Payment Methods
Deposits and withdrawals are quite extensive compared to other exchanges. Huobi supports both FIAT and cryptocurrencies for deposits and withdrawals.
When it comes to payment methods for FIAT-currencies there are in total 90 payment options available depending on which country you are a resident in. The list includes methods such as:
- Banktransfer
- VISA
- MasterCard
- Revolut
- Swish
- Neteller
- Apple Pay
Fees for deposits and withdrawal really depends on the method and the current state of the market if you wish to withdraw in crypto. Our overall experience is that this fee is on the lower end compared to other exchanges.
Service and Huobi Support
Customer support is often overlooked, but it is one of the most important considerations when choosing a cryptocurrency exchange on which to trade. Huobi was one of the first exchanges to be able to introduce 24/7 customer service and also to serve a massive increase in support staff. Generally, our experience is that the support is responsive and you won’t have to wait days for a ticket to be answered.
Our Verdict
Huobi is a reliable and secure cryptocurrency platform for reputable cryptocurrency traders. With a wide range of services and products to purchase, trade, sell, earn, store and participate, Huobi is the complete package for crypto enthusiasts.
The user interface supports all coins and has a variety of trading pairs that are suitable for most old coin dealers. With the depth of market liquidity on Huobi, trading pairs such as BTC, USD, ETH and USD are attractive to retailers and professional traders.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| 300+ cryptocurrencies | Low withdrawal limits |
| 24/7 support | |
| Low trading fees |
| ✔️ 300+ cryptocurrencies ✔️ 24/7 support ✔️ Low trading fees | | Go to Huobi |