NOTE: Customers from United States are not allowed to trade or register at this broker. We would recommend a different broker at our toplist here.
Huobi has grown to establish itself as one of the biggest crypto exchanges globally and offers ICOs and several digital assets such as altcoins, and stablecoins including its own USD-backed Stablecoin, HUSD which Crypto Lists ranks by performance and popularity. The crypto exchange facilitates users to buy, sell, stake, and lend a variety of cryptocurrencies that experienced crypto traders and beginner enthusiasts engage in. Huobi is known for providing deep liquidity with popular crypto trading pairs such as BTC/USDT and ETH/USDT. The Huobi exchange offers a friendly user interface available on Windows, Mac, iOS, and Android with a SmartChain analysis feature and research service to provide users insights on the various Blockchain assets and indicators. The exchange facilitates limit orders, market orders, stop-limit orders, and flash trades. As a leading digital asset exchange, Huobi has a User Protection fund that is an insurance policy to cover unforeseen events affecting users' wallets. Not many other crypto exchanges offer such insurances. Try Huobi today and get the insurance added for free!
NOTE: Customers from United States are not allowed to register. Find another broker here.
Huobi is a global crypto exchange with Chinese founders, with lots of instruments and low transactions costs.
CryptoLists.com
Background & Overview
Leon Li founded Huobi in 2013 and steered it into the top ten crypto exchanges and has its headquarters in Seychelles after moving from China due to the country's strict regulations on Crypto requiring its customers to withdraw all their assets. In 2019 the site was accused of illegally inflating its trading volume and experienced more regulatory challenges that led to its exit from the US and, later on, Singapore in 2021.
Despite these challenges, Huobi managed to revive and increase its customer base and has a significant presence in the Asian markets. The exchange platform currently hosts over 400 cryptocurrencies and supports numerous crypto pairs. Crypto Lists offer the listing and ranking on these cryptocurrencies and crosses in order of their performance which helps individuals make their trade decisions. The platform offers margin trading, leveraged exchange-traded products, futures trading, and trading bots via its API. Users can also gain crypto loans upon further verification to assist them in trading. The Smart Chain analysis provided on Huobi allows users to analyse through insights on various blockchain assets and indicators.
Customers enjoy a high level of security as the site has a strict system. In the rare chance, that an individual is hacked and their crypto balance is stolen, the site has an offline BTC reserve which they can use to indemnify the customer. This user protection fund serves as an insurance policy for users' wallets.
For a new user, you can learn how to navigate the site and use the tools provided by the platform to make profitable trades and stakes. Consistent trades and stakes over a period facilitate the accumulation of EXP points.
Do you want to add up EXP points and getting better trading conditions? Try Huobi today and receive your first EXP points. Visit Huobi now!
Advantages at Huobi
+The exchange offers a variety of digital assets accessible to its users.+This company has reliable and efficient customer service that is open 24/7.
+Huobi got a great mobile application compatible with Android and iOS devices.
+The exchange has high safety and security measures to protect users' assets.
+Huobi offers its users a low transaction fee encouraging high trading volumes.
Disadvantages
-Thai SEC revoked Huobi's operating license in Thailand.-The user interface is not suitable for beginners navigating it.
-Huobi exchange is banned in crucial crypto countries such as the USA, Japan & Canada.
-Huobi does not offer fiat withdrawals hence limiting some users.
-The verification process upon registration is lengthy.
-The exchange faces uncertainty over the lack of regulation in EU, Africa & North America.
KYC & Registration
Huobi Global's registration and Know Your Customer process is simple but lengthy. The process starts with an individual filling out their email and password. In return, one will receive communication to verify their email. After account verification, the individual can access the platform's basic features and products with limitations.
Users who are keen on increasing their trading volumes and withdrawal limits require to provide further information as a KYC measure for the platform. Such information includes Identity verification via a government-issued identification document such as a National ID, passport, driving license that indicates a clear picture, and birthdate.
Company Account
Huobi added institutional accounts in 2018, As with most exchanges and brokers, the KYC procedure is bit more lengthy than for individual traders. This is totally normal, and we wouldn't recommend any company that didn't have these kinds of checks.
Leverage
▪ Rated at 7/10Huobi increased the leverage for BTC futures up to 200 times in January, 2022. While you can select between 1-200x leverage for several major cryptocurrencies, the risk becomes huge and Crypto Lists don't recommend using high leverage due to the risks.
Costs
▪ Rated at 9/10Huobi charges relatively low fees for transacting and trading crypto. Purchases via credit/ debit cards incur a higher fee than with fiat currency. Trading fees also depend on whether one is a taker or a maker on the market. There is a base fee rate of 0.2 % that is attached to a general user account but for a professional user account, a makers and takers fee start at 0.0362% and 0.0462%, respectively. The site also offers a discount which increases depending on the Huobi token holding a user has.
Deposit Methods
▪ Rated at 9/10Below you can see a list of the deposit methods available on Huobi. Some of them may not be available in United States as it depends on regional regulation, but normally the most common payment methods are available across numerous countries.
There is a wide range of funding options, including e-wallets such as Ideal, BPAY, Klarna, Adv Cash and PayID. Huobi also provide crypto transactions with 100's of coins, for instance USDT, HUSD, GUSD, TUSD, USDC, PAX, BTC, BTG, CHZ, ETH, DOGE, NEXO, CRO, FTT, LUNA, DOT, BAL and HT. You can obviously use VISA, Mastercard, BACS, SWIFT transfers and normal bank transfers from EU, Asia, Australia, Africa or South America. Read more about the deposit methods at Huobi here.
Platforms
▪ Rated at 9/10Huobi has a visually appealing Graphical User Interface and can be simple to navigate. It can translate to over seven other languages besides English. This makes it favorable for the international customer base that it has. The site also has an FAQ and Huobi learn section that helps beginners navigate their way around the platform. Even though the platform's GUI seems simple, one will need intermediate knowledge to understand how to use and apply the tools made available by Huobi to its customers.
Automated Trading and Copy Trading
They have a Grid Trading Bot which you can learn more about at the link below. Additionally, there is also copy trading functionality, which enables users to copy the trades of experts and level up their own ability at the same time.
›› Get started with Crypto Auto Trading at Huobi now.Broker Support
▪ Rated at 9/10Huobi has a great customer support system in place. The platform has both a support page and an FAQ section that helps customers solve questions they might have.
Customers whose queries are not addressed in the FAQ section can access the Huobi customer support team via email or chart. The customer support team is 24/7 and highly reliable and efficient with short response times. There is also the option of a live chat. In the live chat, customers share their contacts to receive a call from an agent.
Other Names for Huobi
Huobi is or has also been known under the following names: Huobi Group, Huobi Labuan
FAQ
Where can I register for Huobi?
The best way is to open an account here and if you have any further questions you can get in touch with their support directly.
Can individuals based in the US utilize the platform?
At the moment, customers based in the US can not access the platform's services since January 2020 when American citizens were required to withdraw their assets. However, the exchange plans to return to the American market and continue its current expansion. It has already secured the Australian market and other regions.
Is the exchange secure?
Yes. The platform has the following security features in place:
Two-factor authentication: A password and google generated OTP code is used to confirm identity.
Account freeze: Individuals can freeze their accounts whenever they suspect foul play.
Asset Reserve: The site holds a BTC reserve offline which can indemnify the user if their assets are stolen.
Cold storage: The site holds 98% of users' assets in an offline wallet to ensure there are no cases of hacking and theft of digital assets.
In which countries is Huobi an illegal exchange platform?
Currently, the exchange is banned in the following countries:
Canada
China
Japan
Singapore
United States
Who is the founder of Huobi?
Leon Li founded the exchange in 2013 in China but the company moved its base to Seychelles after the crypto ban in China.
Which languages are supported by Huobi?
English, French (Francais), German (Deutsch), Russian, Simplified Chinese, Spanish (Espanol), Traditional Chinese, Turkish, Vietnamese, Portuguese, Italian, Indonesian, Ukranian and Hindu.
Instruments available
Find the full list of instruments available to trade at Huobi here. There is a huge range of crypto coins and tokens available at Huobi's global crypto exchange. See a recently created list of cryptocurrencies that you can trade, buy and sell at Huobi.
▪ Rated at 10/10Crypto Currencies
18C/BTC, 1INCH/BTC, 1INCH/USDT, AAVE/BTC, AAVE/ETH, AAVE/HUSD, AAVE/USDC, AAVE/USDT, ACA/USDT, ACH/BTC, ACH/ETH, PEPE/USDT, STRK/USDT, ACH/USDT, ADA/BTC, ADA/ETH, ADA/HUSD, ADA/USDC, ADX/BTC, AIDOC/BTC, AKRO/BTC, AKRO/USDT, ALGO/BTC, ALGO/ETH, ALGO/HUSD, ALGO/USDC, AMP/USDT, ANKR/BTC, ANKR/USDT, ANT/BTC, ANT/ETH, ANTEX/USDT, APE/USDC, APE/USDT, API3/BTC, API3/ETH, API3/USDT, AR/BTC, ARDR/BTC, ARPA/BTC, ARPA/HT, ARV/USDT, AST/BTC, AST/USDT, ATM/HUSD, ATM/USDT, ATOM/BTC, ATOM/ETH, ATOM/USDC, ATS/USDT, AUCTION/BTC, AUCTION/USDT, AURY/USDT, AVAX/BTC, AVAX/ETH, AVAX/USDC, AVAX/USDT, AXS/BTC, AXS/ETH, AXS/USDC, BADGER/USDT, BAL/BTC, BAL/HUSD, BAL/USDT, BAND/BTC, BAND/HUSD, BAND/USDT, BAT/BTC, BCD/BTC, BCH/BTC, BCH/HT, BCH/HUSD, BCH/USDC, BETH/ETH, BFT/BTC, BIT/USDT, BKBT/BTC, BNT/USDT, BOO/USDT, BOX/BTC, BRT/USDT, BSV/BTC, BSV/BTC, BSV/HUSD, BSV/USDC, BTC/BRL, BTC/EUR, BTC/GBP, BTC/HUSD, BTC/RUB, BTC/TRY, BTC/USDC, BTG/BTC, BTM/USDT, BTS/USDT, BTT/USDC, BTT/USDD, BUT/BTC, CAKE/USDT, CAN/USDT, CHAT/BTC, CHR/BTC, CHR/HT, CHSB/USDT, CHZ/BTC, CHZ/ETH, CHZ/USDC, CKB/BTC, CNN/BTC, COMP/BTC, COMP/USDT, COTI/BTC, COTI/USDT, COVA/BTC, CRO/BTC, CRO/HUSD, CRPT/USDT, CRU/BTC, CRV/BTC, CRV/ETH, CRV/HUSD, CRV/USDT, CSPR/BTC, CTC/USDT, CTX/USDT, CTXC/ETH, CUDOS/USDT, CUSD/USDT, CVNT/BTC, CVNX/BTC, CVP/USDT, CVX/USDT, DAI/HUSD, DAI/USDT, DAO/USDT, DASH/BTC, DASH/HT, DASH/HUSD, DATX/BTC, DBC/BTC, DCR/BTC, DEXE/USDT, DF/BTC, DF/USDT, DFI/USDT, DGB/BTC, DGD/ETH, DHT/USDT, DIA/USDT, DKS/USDT, DOCK/BTC, DODO/USDT, DOGE/BTC, DOGE/ETH, DOGE/HUSD, DOGE/USDC, DOT/BTC, DOT/HUSD, DOT/USDC, EGCC/BTC, EGLD/USDC, EKO/BTC, ELA/BTC, ELA/HUSD, ELF/BTC, ELF/ETH, ENJ/BTC, EOS/BTC, EOS/ETH, EOS/HT, EOS/HUSD, EOS/USDC, ETC/BTC, ETC/HT, ETC/HUSD, ETC/USDC, ETH/BTC, ETH/HUSD, ETH/USDC, ETHW/USDT, ETN/BTC, EUL/USDC, EUL/USDT, EUR/USDT, EUR/USDT, EUROC, EUROC/USDC, EVER/USDT, FAIR/BTC, FDT/USDT, FIL/BTC, FIL/ETH, FIL/HUSD, FIL/USDC, FIRO/BTC, FIRO/ETH, FIS/USDT, FIU, FLOW/ETH, FLOW/USDC, FLZ/USDC, FOR/BTC, FOR/USDT, FORTH/BTC, FOTA/USDT, FRONT/BTC, FRONT/ETH, FRONT/USDT, FSN/USDT, FTM/USDC, FTM/USDT, FTT/BTC, FTT/HT, GAS/BTC, GBP/USDT, GET/BTC, GLM/BTC, GNO/BTC, GOF/ETH, GOF/USDT, GRS/BTC, GRT/BTC, GRT/USDT, GSC/BTC, GTC/BTC, H2O/USDT, HBAR/BTC, HBAR/ETH, HBAR/USDC, HBB/USDT, HBB/USDT, HIVE/BTC, HOTCROSS/USDT, HPT/BTC, HPT/HT, HSF/USDT, HT/BTC, HT/ETH, HT/EUROC, HT/HUSD, HT/USDC, HUNT/USDT, HYPE/USDT, ICP/BTC, ICX/BTC, ICX/ETH, IDT/BTC, IIC/BTC, INJ/BTC, INJ/USDT, INSUR/USDT, INV/USDT, IOST/BTC, IOST/ETH, IOST/HUSD, IOTA/BTC, IOTA/ETH, IOTX/BTC, IOTX/USDT, JOY/USDT, JST/BTC, JST/ETH, JST/USDD, JST/USDT, JUV/HUSD, JUV/USDT, KAN/ETH, KAVA/BTC, KAVA/ETH, KAVA/USDT, KICKS/USDT, KLV/USDT, KMD/BTC, KNC/BTC, KNC/HUSD, KNC/USDT, KOK, KSM/BTC, KSM/HT, KSM/HUSD, LAMB/BTC, LDO/USDT, LET/USDT, LINA/BTC, LINA/ETH, LINA/USDT, LINK/BTC, LINK/ETH, LINK/HUSD, LINK/USDC, LINK/USDT, LITH/USDT, LMR/USDT, LOVELY/USDT, LQTY/USDT, LRC/BTC, LRC/USDC, LRC/USDT, LTC/BTC, LTC/HT, LTC/HUSD, LTC/USDC, LUNC/USDT, LYM/BTC, MAN/BTC, MAN/ETH, MANA/BTC, MANA/ETH, MANA/USDC, MATIC/BTC, MATIC/ETH, MATIC/USDC, MBL/USDT, MBOX/USDT, MDX/BTC, MDX/HT, MDX/USDT, MEET/BTC, METIS/HUSD, METIS/USDT, MEX/BTC, MIR/USDT, MKR/BTC, MKR/ETH, MKR/HUSD, MKR/USDT, MLN/BTC, MLN/USDT, MONFTER/BTC, MPL/USDT, MT/BTC, MTN/BTC, MTX/BTC, MUSK/BTC, NANO/BTC, NAS/USDT, NCASH/BTC, NEAR/BTC, NEAR/ETH, NEAR/USDC, NEO/BTC, NEST/BTC, NEST/ETH, NEST/USDT, NEXO/BTC, NFT/HT, NFT/USDD, NKN/BTC, NODL, NULS/BTC, OCEAN/USDT, OCEAN/USDT, OGN/USDT, OMG/BTC, OMG/ETH, OMG/HUSD, ONE/BTC, ONE/HT, ONT/BTC, ONT/HUSD, OP/USDC, OPUL/USDT, OXT/BTC, OXT/ETH, PAY/BTC, PBR/USDT, PEARL/USDT, PHX/BTC, PLU/USDT, PLY/USDT, PNT/BTC, POLS/BTC, POLS/USDT, POND/BTC, POOLZ, PORTAL/BTC, POWR/BTC, PROPY/BTC, PRQ/USDT, PSG/HUSD, PSG/USDT, PSTAKE/USDT, PUNDIX/BTC, PUSH/USDT, PVT/USDT, Q3/USDT, QASH/BTC, QRDO/USDT, QSP/BTC, QTUM/ETH, QTUM/HUSD, RAD/BTC, RADAR/USDT, RCCC/BTC, RCCC/ETH, RCN/BTC, REEF/USDT, REN/BTC, REN/ETH, REN/HUSD, REQ/BTC, REQ/ETH, REQ/USDT, RERP/USDT, RIFI/USDT, RLC/USDT, RNDR/BTC, RNDR/ETH, RSR/BTC, RSR/HUSD, RSR/USDT, RUFF/BTC, RUFF/ETH, RVN/BTC, SAND/BTC, SAND/HT, SAND/USDC, SC/BTC, SCRT/USDT, SD/USDT, SEELE/ETH, SETH/ETH, SHE/BTC, SHIP/USDC, SIS/USDT, SKL/BTC, SKL/ETH, SNC/BTC, SNC/ETH, SNFTC/BTC, SNS/USDT, SNT/BTC, SNX/BTC, SNX/ETH, SNX/HUSD, SNX/USDT, SOL/BTC, SOL/ETH, SOL/USDC, SOLO, SOLO/USDT, SPM/USDT, SPP/BTC, SRM/BTC, SRN/BTC, STEEEM/BTC, STEEM/ETH, STETH/USDT, STN/USDT, STORE/USDT, STORJ/BTC, STPT/USDT, STPT/USDT, SUKU/USDT, SUN/BTC, SUN/ETH, SUN/USDD, SUN/USDT, SUSHI/BTC, SUSHI/ETH, SUSHI/HUSD, SUSHI/USDT, SWAP/USDT, SWFTC/ETH, SWFTC/USDC, SWFTC/USDT, SWRV/USDT, SXP/BTC, SXP/USDT, THETA/BTC, THETA/ETH, THETA/HUSD, THETA/USDC, THETA/USDT, TNB/BTC, TNB/ETH, TOKE/USDT, TON/USDT, TOPC/BTC, TOS/BTC, TRB/BTC, TRB/USDT, TRIO/BTC, TRX/BTC, TRX/ETH, TRX/HUSD, TRX/USDD, TT/BTC, TT/HT, TUBE/USDT, TUSD/HUSD, UC/BTC, UMA/BTC, UMA/USDT, UMB/USDT, UNFI/USDT, UNI/BTC, UNI/ETH, UNI/HUSD, UOS, USDC/HUSD, USDC/TRY, USDD/USDC, USDT/BRL, USDT/HUSD, USDT/RUB, USN/USDT, UTK/BTC, VALUE/USDT, VEMP/USDT, VET/BTC, VET/ETH, VET/HUSD, VET/USDC, VIDY/USDT, VPAD/USDT, VSYS/BTC, VVC/USDT, VVS, WALLET/USDT, WAN/BTC, WAN/ETH, WAR/USDT, WAVES/BTC, WAVES/ETH, WAVES/USDT, WAXP/BTC, WAXP/ETH, WBTC/BTC, WBTC/USDT, WELL/USDT, WHALE/BTC, WICC/BTC, WICC/USDT, WIN/USDD, WLKN/USDT, WMT/USDT, WNXM/USDT, WOO/BTC, WTC/BTC, WTC/ETH, WXT/BTC, XCH/BTC, XCH/USDT, XCUR/USDT, XDC/USDT, XDEFI/USDT, XEM/BTC, XLM/BTC, XLM/ETH, XLM/HUSD, XLM/USDC, XMR/BTC, XMR/ETH, XMR/USDC, XRP/BTC, XRP/HT, XRP/HUSD, XRP/USDC, XRT/BTC, XRT/ETH, XTM/USDT, XTZ/BTC, XTZ/HUSD, XTZ/USDC, XTZ/USDT, XVC/BTC, XVG/BTC, XVG/ETH, YCC/BTC, YCC/ETH, YFI/BTC, YFI/HUSD, YFI/USDT, YFII/BTC, YFII/USDT, YGG/BTC, ZEC/BTC, ZEC/HUSD, ZEC/USDC, ZEN/BTC, ZIL/BTC, ZIL/ETH, ZIL/HUSD, ZKP/USDT, ZKS/BTC, ZKS/ETH, ZRX/BTC, ZRX/ETH, ZRX/HUSD, ZRX/USDT›› Sign up at Huobi here
NOTE: Customers from United States are not allowed to register. Find another broker here.
Screenshots from Huobi
Related coin? Learn more about HT
The Huobi Token is the coin that is used on Huobi, so it's worth reading more about it on our review page.›› Read our full Huobi Token review here
Be part of the Huobi ecosystem with the powerful HT token and get lower trading fees as part of owning it.
Read the Huobi Terms and Conditions here.
Huobi Review Published: Monday, 1 Jan 2001 12:00 am
Last Updated: Thursday, 9 May 2024 1:25 pm