Huobi 2021 Global Review • Pros, Cons & More • Benzinga
Huobi Global does not have a minimum account, but it does have a minimum deposit. To provide users with more efficient and convenient services, Huobi has decided to set the minimum deposit amount of USDT to 100 USDT and a minimum BTC deposit of 0.001BTC.
Although it does not have a deposit fee, the platform does charge a withdrawal fee on your crypto. Depending on the channel used, the fees will vary between $ 1 and $ 28.
It is important to realize that this platform is not for beginners. It has a really clean and visually pleasing interface, available in over 10 languages, making it easy to navigate the web. However, it takes some knowledge to fully understand all the tools presented on the website.
The first thing to do is to register, which will not take more than 5 minutes. Once the account is created, you are ready to start trading. To buy crypto, you can easily do so through the well-known P2P marketplace, as well as by credit or debit card. You can easily access all listed crypto assets with 57 local currencies and 60 payment methods.
The platform includes an extensive FAQ section with lots of educational and informative articles where you can learn how to make transactions, deposit money and use the tools available on the website. This feature allows you to resolve any issues or doubts you may have while using the exchange without having to consult an external resource.
As stated before, the very intuitive interface displays all the features as clearly as possible. With charts, data analysis, historical price movements and live price movements, the platform offers all the tools needed to trade efficiently.
The content bar at the top of the site helps you navigate the tools.
One of the best features that Huobi Global offers is its fully customizable trading bot. You set the price range you allow your bot to trade in and the amount of grid, and it will start operating automatically. When you’re ready, close the bot and the balance will be transferred to your trading account.
Huobi Global comes with an educational section featured on its website that allows intermediate users to learn how to use the trading tools, as well as keep up to date with important news. This section is organized into different topics: cryptocurrency, where you can find articles for beginners to understand Bitcoin, Blockchain and other terms related to crypto; invest, which includes user guides to get started on Huobi; how-to guides, which contain articles explaining some of the functionality of the website; and Latest Articles, a segment where breaking news and articles are published.
These sections harmonize well as they explain each concept before moving on to a more advanced and developed explanation of any functionality. So, before you read an article on how to mine Bitcoin, the website provides an article on what Blockchain is, what is Bitcoin, what is proof of work, what are smart contracts, etc. Even though most intermediate and advanced users already have this knowledge, this information is indispensable within the platform. This progressive learning mechanism makes the website an excellent educational tool.
Additionally, some of the platform’s tools include a simple but clear mini-tour around the website. When you click on the Trading Bot tool, for example, a small chart will appear and help you set up the bot. Through this teaching system, the user has a more enjoyable experience while learning to use the platform.
While it offers a lot of information for you to take advantage of, the platform could definitely include video tutorials on how to navigate and make the best use of its features. While his articles explain some of the tools on the website, the video guides would definitely be a great additional learning tool.
Overall, Huobi Global provides excellent support. The platform’s customer service works with a bot that redirects you to the information you are looking for. While this process may not seem like the best idea, the network has plenty of informative articles and FAQs that can meet most of your requests. Also, you can find links to community groups on almost any social media.
If you have more detailed questions, you can contact customer service and leave a message to be contacted or send an email to [email protected]
As a leader in cryptocurrencies since 2013, Huobi Global offers the ability to buy and trade over 380 crypto assets. The website also offers a wide range of useful features for intermediate and advanced users. The tools available on the platform provide useful data and information that traders can benefit from. Over time, the company added more and more services.
Besides trading crypto assets, Huobi Global also offers users the ability to enter staking pools, set up trading robots, trade futures, and apply for cryptocurrency loans. Overall, the exchange comes with a wide variety of well-developed and effective tools that make the website a great option.
Launched in November 2017, Huobi Global’s mobile app is available on iOS and Android. With over a million downloads, the app supports more than 10 languages, most recently Italian and Traditional Chinese. Its 24/7 multilingual customer service is provided in the mobile app, so any doubts or inquiries can be resolved with just your phone.
Huobi Global supports in-app trading, real-time pricing and charts, and up-to-date index analysis. It also includes flexible trading methods: market orders, stop-limit orders and limit orders. Quick credit for withdrawals, as well as deposits, is also a top feature of the app.
Unlike being confusing and cluttered, the page display is really clean which makes it easy to use. The design takes full advantage of the features and tools provided.
Update 4.0 released in October 2018 has come with a great new feature that has significantly improved the app. The “Discover” feature has added a section where the latest news and updates are posted, helping users stay informed anywhere, anytime. This useful tool eliminates the difficulty of searching for news and displays it in a simple and easy-to-read manner.
Additionally, the app’s K line chart, also launched with the 4.0 update, helps users better understand market movements. These charts are useful for traders because they can capture even the smallest fluctuations in the market, providing important information and data.
If you are looking for a safe and internationally used exchange, Huobi Global could be a great choice for you. Having wide support for many altcoins and a wide variety of stablecoins, Huobi Global offers a reliable platform to trade your cryptocurrency.
Being in the industry for over 7 years, the exchange has a strong professional approach to crypto, providing technical analysis for traders to manage their investments to the fullest. Informational articles and news published on the platform also improve your trading experience. Linguistic diversity and active customer support expand the range of the exchange, making it a great option in most countries.
In summary, Huobi should be taken into consideration when choosing your next exchange. It has been able to build a successful trading platform in the highly competitive crypto landscape as its reputation has grown over the past few years.
Benzinga has developed a specific methodology for classifying cryptocurrency exchanges and tools. We prioritized platforms based on offers, prices and promotions, customer service, mobile app, user experience and benefits, and security. To see a full breakdown of our methodology, please visit our Cryptocurrency Methodology page.
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