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Huobi Review 2019 – Can You Trust it? Our Deep Dive



Read our long form review here:

Huobi is a large cryptocurrency exchange that was started in China in 2013. They subsequently had to expand globally on the shutdown of crypto trading by the Chinese government.

They have offices in Japan, Singapore, Hong Kong and have recently opened an office in San Francisco under “HBUS”.

Huobi has quite an extensive coverage of cryptocoins which include over 50 different pairs. They have also issued their own token which is called the “Huobi Token”. These give the holders certain voting rights.

Huobi has not suffered any hacks and they operate a pretty extensive security protocol. They have cold storage as well as extensive multi signature key management protocols and DDoS mitigation in place.

Huobi also runs a user protection fund which you can think of as an insurance fund. This is set up in case should there ever be a hack or breach that it will cover the shortfall with a backup buffer.

In terms of trading fees, Huobi has relatively low fees which are flat at 0.05% across the board. This is better than some of the other large international exchanges.

Huobi still offers unverified and anonymous accounts to some users who are in certain jurisdictions. However, these have really low withdrawal limits of only 0.1 BTC per day. If you want to increase this limit then you will have to verify their accounts and complete Huobi’s KYC.

Huobio has a pretty responsive customer support desk with a range of options for you to get hold of them. Unfortunately, they do not offer any form of telephone customer support.

Looking at the trading platform, Huobi has a pretty advanced engine and user interface. They have a basic platform, a more advanced charting platform, a margin trading platform and an OTC platform.

They also provide their traders with a robust API for coding bots added to that with a mobile application for those traders who like to trade on the go.

In summary, Huobi appears to be a pretty extensive exchange that has built itself up into a global powerhouse. They offer a range of different pairs with more functionality and ways to trade them.

Disclaimer:
This is for informational purposes only. Coin Bureau does not provide investment advice, nor is it an offer or solicitation of any kind to buy or sell any investment products. Rates and terms set on third-party websites are subject to change without notice.

Source: Coin Bureau

18 Responses

  1. THIS EXCHANGE IS NOT SAFE. My account has been de-registered, somehow. I have no idea how, one day I was actively trading crypto, then a few days later – email not recognized.

    I then logged a ticket as there is no contact support number, to which they sent an automated response saying that "they will respond within 24 hours". I look at my same gmail inbox and that auto-response message has disappeared from my inbox – no, i DID NOT delete it, why would I? Even if I did, it should be in the bin folder no? No.

    STEER CLEAR!! SCAMMERS!!

  2. How is this such a popular website and no one has reported what they're really doing??? scamming the world and making victims. I found out the jig only after losing 100.000€ trying to buy bitcoins on their platform… I made payment and they claimed to not have received it, however my bank confirmed that the transaction was completed!! This is not good at all and we need to get justice! I made reports to all the agencies, authorities and regulators I could think of I got the same response from all of them, "We will take your report into consideration, when we get more information, we will be able to investigate" What happened to investigating out right… I was not having it and I needed to get my money back so I went looking for private firms and found recoverywealthnow360 on google mail ; this was the only company that was able to help me out and successfully get my money back…. Please if you have been scammed by Huobi global, complain to recoverywealthnow360 at g mail dot com

  3. Hello there! I am making good profits return using the amazing strategy which i got from Patrick Webber through his inside bitcoin trading platform. This’s the only recommendation anyone trying to succeed in bitcoin or other crypto currencies should go for in other to be successful like Robert Kiyosaki who has also tried this strategy and still making a lot from this. Reach Patrick on WhatsApp on +14092422496 or telegram @cryptoValkoun and get the tips you need to trade and investing in legit broker platforms

  4. I Just found out two days ago how frustrating it is to withdraw your assets at huobi global. After you submit all requirements then they ask proof of asset like give proof that you deposited btc, usdt or eth. Then after you provide proof you deposited those crypto to them..they just stop answering your emails. So right now, im worried that i wont be able to withdraw my assets anymore..they really are scammers.

  5. I Just found out two days ago how frustrating it is to withdraw your assets at huobi global. After you submit all requirements then they ask proof of asset like give proof that you deposited btc, usdt or eth. Then after you provide proof you deposited those crypto to them..they just stop answering your emails. So right now, im worried that i wont be able to withdraw my assets anymore..they really are scammers.

  6. I have deposited some time ago, and today i read about how to withdraw and realized many people in comments on google said it s nearly a scam. I feel a bit worried now, is it really a safe platform? Thanks for your answer!

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