Huobi Global Exchange Review
Best For
- Beginners
- Advanced Traders
- Institutions
Huobi Global is a centralized cryptocurrency exchange with a core focus on the Asian markets. Current partner exchanges include Huobi Korea and Huobi US. Huobi was founded in 2013 and maintains its company headquarters in Singapore.
Huobi Global Exchange - 2020 Comprehensive Review
Huobi Global Exchange Overview
| Trading Fees | Maker: 0.2% / Taker: 0.2% |
|---|---|
| Exchange Type | Centralized |
| Fiat Trading |  |
| Purchase Options | Bank Transfer, Crypto Deposits, Credit Cards |
| Android App |  |
| iOS App | |
| Trading Options | Spot Trading, Margin Trading, Margin Funding |
| Order Types | Limit, Market, Limit-Stop |
| Exchange Token | Huobi Token |
| Token Benefits | Trading Fee Discounts, IEO Access |
| Charting Software | TradingView |
| KYC Check | |
| KYC Rules | Required For Withdrawals Greater Than 0.1 BTC Value Per 24 Hours |
| IEO Platform | |
| Education Resources | |
| Convert Micro Balance |
|
| Institutional Accounts | |
| Trading API | |
| Deposit Insurance | |
| Withdrawal Speed | Fast |
| Customer Service | 24/7 Live Chat, Support Ticket System |
| Promotions | Year-End Giveaway 2,000,000 DOGE To New Users and Supporters |
Huobi Global Mobile App Features
Deposits
|
Withdrawals
|
Price Alerts
|
Margin Trading
|
Margin Funding
|
Live Chat Support
|
Huobi Global General Trading Fees (Maker & Taker)
| Tier | Monthly Volume Requirement | Maker | Taker | Maker Discount | Taker Discount |
|---|---|---|---|---|---|
| Level 1 | $1.00 + HT Balance = 10.00 | 0.20% | 0.20% | 0.18% | 0.18% |
| Level 2 | $1.00 + HT Balance = 100.00 | 0.20% | 0.20% | 0.16% | 0.16% |
| Level 3 | $1.00 + HT Balance = 500.00 | 0.20% | 0.20% | 0.12% | 0.12% |
High volume & professional trading tier fees available here
Huobi Global Withdrawal Fees
| Asset | Withdrawal Fees | Minimum Withdrawal |
|---|---|---|
| BitcoinBTC | 0.0005 | 0.01 |
| EthereumETH | 0.005 | 0.05 |
| XRPXRP | 0.1 | 20 |
| TetherUSDT | 3 | 200 |
Complete list of Huobi Global withdrawal fees per asset is available in the account balance dashboard.
Huobi Global does not charge deposit fees.
Huobi Markets & Volume
Rank 12 |
Total Assets 218 |
Total Markets 529 |
Volume 24h $2,362,702,598.25 |
Volume 7d $12,790,677,070.10 |
Volume 30d $38,672,922,852.77 |
Huobi Global Top Markets
| Crypto Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| EthereumETH | $2,938.79 | 197 | $1,512,510,612.87 |
| BitcoinBTC | $45,071.11 | 284 | $1,457,499,799.52 |
| XRPXRP | $0.95 | 4 | $174,261,673.03 |
Huobi Global Supported Stablecoins
| Stablecoin Assets | Price | Pairs | 24h Volume |
|---|---|---|---|
| TetherUSDT | $1.00 | 213 | $6,141,355,668.24 |
Huobi Global (HT) Token
Ticker HT |
Price $8.96 |
Volume $327,072,070.30 |
Market Cap $2,091,980,705.00 |
Circulating Supply 233,370,544 |
Total Supply 500,000,000 |
Rank 57 |
Blockchains Ethereum |
Trusted Exchanges Huobi Global, Gate.io |
Hardware Wallets Ledger, Trezor |
Huobi (HT) Token Exchanges
| Exchange | Rating | Price | Pairs | 24hr Volume |
|---|---|---|---|---|
| Huobi Global | 8/10 | $9.19 | 35 | $319,499,622.67 |
| Gate.io | 6.5/10 | $9.13 | 2 | $15,703,520.99 |
Recommended Huobi (HT) Token Wallets
| Wallet | Rating | Type | Price |
|---|---|---|---|
| Ledger | 10/10 | Hardware | $69.99 |
| MetaMask | 8/10 | Browser Extension | $0.00 |
| Ledger Nano M | 7/10 | Mobile Application | $96.00 |
| Trezor | 9/10 | Hardware | $149.99 |
| MyEtherWallet | 9/10 | Web | $0.00 |
| MyCrypto | 9/10 | Web | $0.00 |
| TrustWallet | 9/10 | Mobile Application | $0.00 |
Huobi Global Exchange Alternatives
 |  |  | |
|---|---|---|---|
| Rating | 8/10 | 7.5/10 | 8/10 |
| Trading Fees | Maker : 0.2% Taker : 0.2% | Maker : 0.1% Taker : 0.1% | Maker : 0.15% Taker : 0.25% |
| Fiat Trading | | | |
| Purchase Options | Bank Transfer, Crypto Deposits, Credit Cards | Crypto Deposits, Credit Cards | Bank Transfer, Crypto Deposits, Credit Cards |
| Trading Options | Spot Trading, Margin Trading, Margin Funding | Spot Trading | Spot Trading, Margin Trading |
| IEO Platform | | | |
| Mobile Apps | | | |
| Headquarters | Hong Kong | Hong Kong | San Francisco, California, United States |
| Learn More | Review | Review | Review |
Pros and Cons
Pros
- Beginner Friendly - Huobi Global is a great choice for beginners looking to trade crypto assets. Creating an account, finding desired trading pairs, and executing trades are all easy to understand processes.
- Liquidity - Huobi Global has strong liquidity for a majority of the top crypto assets.
- Margin Trading - Users can trade on margin at Huobi Global with up to 5x leverage on select trading pairs and is a great choice for traders looking to margin trade altcoins.
- Margin Funding - Users can lend their crypto assets (also known as margin funding) to margin traders via the Huobi Global platform and receive interest on their loans.
- Global Presence - Huobi as a company has done an excellent job of expanding their global brand with regulated exchanges now available with the Huobi US and Huobi Korea exchanges.
- Mobile App - Huobi Global offers an excellent user experience for both Android and IOS.
- Customer Service - 24/7 live chat is available for exchange users on both the web and mobile applications.
Cons
- KYC Required Withdrawals - Huobi Global users looking to withdrawal are limited to 0.1 BTC per 24 hours in value without completing the KYC process.
- Trading Fees - Huobi Global’s maker and taker fees for retail traders are higher than the industry standard.
Frequently Asked Questions
Is Huobi Global safe?
Does Huobi Global have a mobile app?
Does Huobi Global accept fiat deposits?
What is Huobi Token (HT)?
Does Huobi Global offer margin trading?
Summary
Huobi Global is currently one of the more legitimate cryptocurrency exchanges available. Product execution, territory expansions, partnerships, and expansive trading options have all contributed to the company’s success.
In the coming years we believe that cryptocurrency exchanges that choose not to work with regulators will have a difficult time remaining relevant. Huobi has made it clear that they are willing to do what is necessary to seek regulatory licensing in their countries of operation.
Blockfer recommends Huobi Global for both retail and institutional traders. We believe the higher trading fees are justified given the expansive trading options, customer support, liquidity, and user experience.
| Learn More | Best Features |
|---|---|
|
Legal & Regulation - Facts & Figures
| Legal Name | Huobi Global Limited |
|---|---|
| Incorporated Country | Seychelles |
| Headquarters | Singapore |
| Year Founded | 2013 |
| CEO | Leon Li |
| Total Employees | 1000+ |
| Regulators | Not Regulated |
| Links | Website, Crunchbase, Source code, Twitter, Blog, LinkedIn |
About The Author
Delton has been writing about blockchain finance & technology, decentralized applications, and crypto assets since 2017. His work has been published and featured by several independent news publications and blockchain projects.
More Exchange Reviews
Methodology: How We Review And Compare
Our mission is to provide the most informative, unbiased, and useful reviews and comparisons possible for products and services in the blockchain finance industry. Assessments are powered by experts with years of relevant experience.
The cryptocurrency exchanges found in this category have been tested extensively by our team as part of the review process. Factors we analyze in our exchange reviews and comparisons include: liquidity, purchase options, user experience, trading fees, trading options, listed assets, reputation, mobile experience, and customer support.
The Blockfer Promise: We do everything in our power to keep content up to date and in the best interests of our audience. Blockfer does not shy away from poor ratings. Products or services that do not meet our reputability standards will be rated as 'Not Trusted'. Compensation from partners does not, and will never, effect our review process.