About Huobi Global Exchange

Huobi Global Exchange provides professional trading tools, but it does not operate in the United States or Japan. More than 350 cryptocurrencies may be traded on this exchange, as well as margin, futures token trading, trading bots, and OTC trades. Cryptocurrency lending is also available on the platform.

Huobi Global Exchange Sign Up

To establish a Huobi Global exchange account, you must be at least 18 years old and reside in one of the approved countries. By giving an email and password, new users begin the process of signing up. To validate a user's identity, they must provide personal information like their address and birth date, along with uploading a picture ID accompanied by a selfie, after their account is confirmed by email. Up to seven business days are required for verification.

Traders may begin trading after completing the verification process. A Huobi Global account can be set up so that customers can earn interest on their cryptocurrency investments if they deposit cryptocurrency there.

Huobi Global Exchange Fees

Since Huobi Pro accounts only accept cryptocurrencies for deposits and withdrawals (before the Chinese government crackdown), there are no fees associated with these transactions. All trades are subject to a 0.2 percent taker and maker fee, making trading very affordable. This fee could be as low as 0.1 percent depending on the number of trades. Overall, Huobi Pro's exchange fee scheme is pretty reasonable.

Summary

For experienced crypto traders, Huobi Global provides deep liquidity, supports a wide variety of cryptocurrencies, and offers a wide range of yield-earning options. A lack of regulatory compliance by Huobi Global, on the other hand, is hindering the exchange from reaching a broader global audience of users. Customers who aren't used to Huobi may be overwhelmed by how many things the platform has to offer.