Huobi review

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(96 User Ratings)

EUR, USD, RUB, UAH, KZT, GBP
BTC, ETH, USDT, EOS, LTC, HUSD, XRP, and more
Starts from 0.2% Maker & Taker Fees, which may reduce depending upon HT tokens you hold

An easy-to-use global digital asset exchange, Huobi provides secured and convenient trading services for hundreds of digital assets.

 

Background Information About Huobi

 

Huobi is one of the top crypto exchanges in the world, and it has been striving to be the best in the world at everything crypto since its inception. With over 360 crypto assets available for trading, Huobi ranks among the world’s top 10 largest exchanges by trade volume. It is also among the most liquid cryptocurrency exchanges in Singapore.

 

Founded in 2013 by Leon Li, Huobi has come a long way today. Its journey from a startup to one of the biggest names in the crypto world is phenomenal. Its founder Leon Li is also the CEO of Huobi. He is a serial entrepreneur in the space of financial technology. Today, Huobi is among the most well-known crypto exchanges in Singapore and throughout the world.

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Features of Huobi Singapore

 

Huobi offers a wide range of features to its users in Singapore. Some key features of the exchange include:

  1. Markets: This is a real-time charting service that allows customers to watch their portfolios and follow the trends in cryptocurrencies and analyze markets.
  2. Spot Trading: This feature of Huobi comes with order matching algorithms, analytical reporting tools, and an intuitive interface that helps traders to buy and sell cryptocurrencies.
  3. Derivatives: It allows you to hedge your risks and maximize your returns when markets are volatile by buying futures contracts.
  4. Earnings: This feature makes your earning simple, lets you know the latest trending coins, and helps to earn huge bonuses.

 

How to create an account on Huobi Exchange from Singapore?

 

To create an account on Huobi Exchange in Singapore, you need to follow the below step-by-step process:

Step 1: Visit the official website of Huobi, and click on the “Sign Up” button.

Step 2: After you click on the “Sign Up” button, you’ll be redirected to the registration page, where you have to fill in details like nationality (from the dropdown menu), email address, and create a password.

Step 3: Next, you have to read and accept the user policy of the company and then click on the “Sign Up” button.

Step 4: You then have to click on your profile icon located at the top right corner of the page, and in the dropdown menu, you need to click on the “verification” tab.

Step 5: Next, you need to fill in all the details like nationality, name, ID card details, and other required details.

Step 6: At last, you need to click on the “Verify” button to complete the verification of your account.

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Huobi

How to buy cryptocurrencies with fiat balance at Huobi in Singapore?

 

  1. To buy crypto with fiat balance, click on the “Buy Crypto” in the header tab of the website. Once click on this button, you will be redirected to the “Quick Buy/Sell” page.
  2. Next, on the “Buy” section, you have to select the fiat type and the cryptocurrency you want to buy.  Now, you have to input the fiat amount that you would want to trade. You then have to choose “Exchange Wallet” as the payment method and then click on the “Buy BTC” button.
  3. If you have any fiat balance in your Exchange Wallet, you need to click on the “Confirm” button to transfer the fiat balance you want to trade to your fiat wallet. In case you have sufficient fiat balance in your Fiat Wallet, you will go directly to the next step.
  4. You need to now confirm the details like the cryptocurrency, price, among other details that are shown in the quote. If you agree with the quote, click on the “Confirm” button.

 

Once you click on the “Confirm” button, the transaction will be processed. On successful completion of the transaction, you can click on the “View my assets” button to check the details of your cryptocurrencies.

Free quently asked questions

1Is Huobi trustworthy?

Huobi has been operating in the crypto environment since 2013 and has not faced any major security breach or loss of user funds. The company follows the crypto industry’s best practices and keeps most of the user funds in cold storage at any given time.

2Are there any transaction fees on Huobi?

Huobi uses a tiered trading fee mechanism for transactions, and these rates are the default rates on the exchange. However, users may get some discounts on transactions with Huobi Tokens.

3Are there any withdrawal limits on Huobi?

Yes, Huobi enforces some withdrawal limits on your account. The withdrawal limits solely depend on the currency chosen and the verification of the user identity.