Back

Huobi review

Huobi Global exchange was established in 2013 and currently has more than five million users. Leon Li founded the exchange in China but in 2017 the exchange relocated following the crackdown on cryptocurrency exchanges by Chinese authorities. Huobi is a secure and easy to use exchange that processes 2-5 billion trades per day. The exchange supports more than 190 cryptocurrencies and it is available in more than 180 countries.

Please note that fees may vary based on your country or purchase amount. 

• Trusted and safe exchange

• Boasts 5 million users

​​

• Huobi holds 420,000 bitcoins of users

​​

• Debit/credit card bitcoin purchase permitted

​​

• Supported in more than 130 countries

​​

• Huobi OTC​

​

• Trading charges are high

​​

• Charge 8% fee for debit card purchase of bitcoin

​​

• Bank wire purchase of bitcoin not available

​​

• Does not support staking rewards

Huobi Has Got Traders Trust

Since Huobi is one of the exchnages that have been around for almost seven years it has established a track record as a reputable exchange. The exchange’s daily trading volume is 2-5 bln and it is among the most reliable exchanges to buy bitcoin with 5 million users trusting it.

Huobi Vs other exchanges

Besides Huobi there are several other exchanges out there where users can purchase bitcoin at good prices. Huobi is a good, safe and secure exchange and here is how it compares with other exchanges.

• Boasts of 2.2 million daily users

• Trading charges 0.1%-042%

​​

• Daily trade volume 100–300 mln

​​

• The exchange supports over 30 different cryptocurrencies

​​

• Users from over 180 countries can access the exchange

​​

• OTC Kraken

​

​We receive an affiliate commission when you buy bitcoin via our link. Profit will be used for blockchain ecosystem development purposes. By using this page, you will agree with the disclaimer.

Disclaimer

The information provided by the website is for educational purposes and should therefore not be considered as investment or financial advice by those who use the website. Note that cryptocurrencies have a considerable amount of risk and thus the need to consult with your financial advisor so that you can understand the risks involved. Avoid trading with money that you cannot afford to lose because there are no guaranteed profits.