Huobi Global
Reviews 7
1 complaint
2.4
Unverified company
huobi.li
Visit website
Huobi Global allows customers to buy, sell, as well as margin trading in cryptocurrencies, provides cashback.
Cryptocurrency exchange
Website
Social media
Date of foundation
2013
Head Office
Singapore
Types of support
Telegram
Live Chat
Facebook
Twitter
Instagram
Languages
English, French, Spanish, German, Turkish, Chinese, Hindi, etc.
The owner of the company
Leon Lee
Minimum entry amount
Verified
Cryptocurrency
  • From 0.0005 BTC
  • From 1 USDT
  • From 0.01 ETH
Fiat
No limits
Unverified
Cryptocurrency
  • From 0.0005 BTC
  • From 1 USDT
  • From 0.01 ETH
Fiat
No limits
Minimum withdrawal amount
Verified
Cryptocurrency
  • From 0.0014 BTC
  • From 13 USDT
  • From 0.01 ETH
Fiat
No limits
Unverified
Cryptocurrency
  • From 0.0014 BTC
  • From 13 USDT
  • From 0.01 ETH
Fiat
No limits
Maximum withdrawal amount
Verified
Cryptocurrency
  • to 1 BTC / In 24 hours
Fiat
No limits
Unverified
Cryptocurrency
  • to 1 BTC / In 24 hours
Fiat
No limits
Exchange Commission
Trade Commission: From 0.07 to 0.2 % for maker / For standard users / From 0.07 to 0.2 % for taker / For standard users / From 0.0097 to 0.0362 % for maker / For professional users / From 0.0193 to 0.0462 % for For professional users
Terminals
TradingView
Age restrictions
From 18 years
Trading volume per day
4.5 billion USD
Number of users
10000000+
Number of cryptocurrencies
500+
Margin Trading
Yes
Leverage
To 1:200
Tokenized assets
Yes
Free Demo Account
No
Types of accounts
Execution of orders
Market Execution (at market price), Stop Orders, Limit Orders
Methods of replenishment
OKPAY, Wire Transfer, Cryptocurrencies
Withdrawal methods
OKPAY, Wire Transfer, Cryptocurrencies
Account currencies
Cryptocurrency
Types of cryptocurrencies
Bitcoin, Bitcoin Cash, Ethereum, Litecoin, DASH, OmiseGO, Tether, Ripple, QTUM, EOS, etc.
Mobile applications
Has mobile apps (iOS / Android)
Trader training
Guides, reference center
A way to store cryptocurrencies
Cold: yes
Hot: no
Fiat accounts
Yes
Scalping
No
Stop Loss and Take Profit Function
No
Exchangeability for fiat currencies
Yes
Terminal capabilities
Working with indicators, graphical tools
Basic verification
Yes
Extended AML verification
Regulatory laws
International data protection law
FATF (Financial Action Task Force)
API
Bonuses
Affiliate Program
Registration30% on spot and derivatives
Benefits
The exchange is in the top 3 in terms of trading volume
Large number of cryptocurrencies
Active platform development
Quality translation of the site into Russian
Professional blockchain asset valuation system
Special system of protection against DDoS attacks
98% in cold purses
Service centers around the world
Own token
A mobile version of the app is available
Disadvantages
Complicated verification process
Some sections are in English only
Company requisites
Overall assessment
9.2/10
Date of update
01.08.2022
    Address
    Singapur

    Huobi Global is it a scam? Reviews and description

    Published: 26 November 2019 Updated: August 1, 2022


    Huobi Global - one of China's largest exchangeswhich was founded in 2013 in Beijing. The platform allows customers to buy, sell, and trade on margin cryptocurrencies. At the moment, the exchange is among the ten largest sites in terms of trading turnover.

    In our review, we will take a closer look at the features implemented by the project and find out whether Huobi Global is a scam or a reliable platform for trading cryptocurrency.

    Invitation code: k7i35

     

    Why Huobi Global?

    Huobi Global is an established exchange that appeared on the financial market in May 2013. The platform's interface huobi.io The company has been translated into 12 languages, including Russian, indicating its focus on the international market. The main office of the company is located in Singapore, from where the project is regulated.

    Is Huobi Global a scam? Reviews

    The organization provides its clients with comfortable and favorable conditions for cooperation. Traders have the opportunity to work with more than 200 cryptocurrency pairs, which in turn are divided into three main markets - VTS, ETN and USDT (How to make money on cryptocurrency?). The platform's listing includes the most in-demand cryptocurrencies combined with little-known forks. The exchange also has its own HT Huobi Token, which allows users to get a discount on any type of commission on the platform. What's more, customers get to vote to make important decisions. The website features a blog with informative articles regarding the latest news of the company. All the information is presented in English. For beginners, there is also a detailed guide that contains instructions.

    Trader training huobi.io

    The trading terminal has a good functionality and allows clients to build different charts, use options to customize them, choose time intervals. Also technical indicators can be found in the platform. Clients have an opportunity to place market and limit deals.

    Huobi Global trading terminal

    The page of the trading terminal itself is conditionally divided into several parts:

    • On the left, the client can find the main markets. Also the cryptocurrency rate can be switched to the Russian ruble, which is very convenient.
    • In the middle there is a chart of the price movement for the asset, as well as displaying the tools and indicators available for trading. It is possible to select the interval of price movement and change the screen type to the extended version.
    • On the right side you can find the stacks of trades to buy and sell cryptocurrencies (cryptocurrency trading strategies).
    • Above the graph is a numerical change in the value of the price for the asset.

    For those customers who are often on the road or do not have the ability to access the platform via computer, a mobile version of the exchange has been created, as well as software for the computer, available on Windows and Mac. The mobile version can be downloaded for both Android and iOS systems.

    The huobi.io mobile app

    Among the main advantages of the exchange Huobi Global can be distinguished:

    • Active platform development.
    • The presence of high-quality translation of the site into Russian.
    • A professional blockchain asset valuation system.
    • A special system of protection against DDoS attacks.
    • 98% in cold purses.
    • Service centers around the world.
    • A mobile version of the app is available.

     

    How to exchange cryptocurrency on the huobi.io platform?

    To make a cryptocurrency exchange, you should perform the following actions:

    • first it is necessary to choose the necessary pair from the options presented on the exchange;
    • select the type of order;
    • enter the desired amount of an asset;
    • click on the purchase button.

     

    Verification on the Huobi Global platform

    Verification is optional on the project, but it affects the maximum amount a user can withdraw per day. So, an unverified client can withdraw up to 2,500 XRP in 24 hours, while a verified client can withdraw 4,000,000 XRP. To go to the verification process, you have to go to your profile and click on "Verification" in the menu. Then a form appears in front of the participant, in which it is necessary to specify the citizenship, passport number, driver's license or other legal document, name and surname, as well as to upload a photo of the informative page of the document. There are the following requirements for the image:

    • The file must be in JPG or PNG format and not less than 5M in size;
    • The information in the document, especially the document number, last name, first name and middle name, should be clearly visible and unchanged.

    Verification huobi.io

    After verification, you will need to wait for a response from the organizers. On average, the process may take several days to several weeks.

     

    Deposit and withdrawal

    To make a deposit, you need to go to the site and click on the line "Deposits", and then from the drop-down list click on "Deposits and withdrawal". Then opposite to the necessary currency which the client wants to deposit, it is necessary to click on "Deposit". A page will open, where you should perform some simple actions:

    • choose where you want to enter funds: a currency account or a margin account;
    • copy the created address of the digital wallet, where the funds will be transferred.

    This address will need to be entered in the "Recipient Address" column, from where the user wants to transfer funds.

    Withdrawal of funds

    To withdraw earnings from the exchange, you must on the same page "Deposit and withdrawal" opposite the desired cryptocurrency, click on "Withdrawal" and fill out the form that opens:

    • specify the address of the wallet to which the money will be withdrawn;
    • enter the required number of coins to withdraw;
    • read the information about the fee and the final amount that will be received on the specified number of the purse;
    • click the "Output" button.

    Huobi Global Crypto Exchange Commission

    The commission of the exchange depends directly on the currency used, as well as the trading volume. A taker often pays 0.1% of the transaction amount. Takers who close a trade pay a commission, which depends on the trading volume of the currency for the last month. If the user works with the dollar, the commission is formed as follows:

    • > 50 BTC - 0.2%;
    • 50 < BTC - 0.18%;
    • 200 < BTC - 0.16%;
    • 600 < BTC - 0.14%;
    • 1500 < BTC - 0.12%;
    • 5000 < BTC - 0.1%;
    • 10,000 < BTC - 0.08%.

    Withdrawal commission

    When performing trading operations, customers are assigned a vip-level, which directly affects the commission for the withdrawal of funds:

    • 0 level (0 points) - 0.5;
    • Level 1 (10,000 points) - 0.45%;
    • Level 2 (100,000 points) - 0.4%;
    • Level 3 (300,000 points) - 0.38;.
    • Level 4 (500,000 points) - 0.35%;
    • Level 5 (1,000,000 points) - 0.3%;
    • Level 6 (available only on a fee basis) - 0.3%.

    Commission for withdrawal huobi.io

     

    Huobi Global Bonuses

    For its customers, the company provides a bonus in the form of cashback, the essence of which is that the user invites new members to the project huobi.io. Cashback is returned to your account in USDT, points or HT. Cashback coefficient is 30%.

    Huobi Global Bonuses

     

    Complaints against Huobi Global

    Since the exchange appeared on the Internet quite a long time ago, you can find on the Internet a considerable number of reviews from customers. In general, users are satisfied with the conditions provided by the platform for cooperation. Of the negative points, users note the difficult verification procedure. Also, customers note that if there are problems or malfunctions, technical support quickly responds to the message and solves the situation.

    If there are any reviews about Huobi Global Exchange, we'll be sure to post the information on social media. Sign up so you don't miss anything!

    Please keep yourself informed about news and complaints. We copy the most valuable information to social networks, so please sign up!

     

    Regulation of the crypto exchange huobi.io

    Among crypto exchanges there are a large number of conscientious companies, as well as many scammers who cheat users. To protect yourself from cooperation with a scammer, you should check the license and appropriate documentation on the site. Let's consider in more detail how the project is regulated.

    Regulator

    On the site huobi.io there is no information that the company has a license. The organization is regulated by the laws of Singapore, where the headquarters of the project is located. Contact information of the organization is publicly available.

    Documents from huobi.io:

    • Read the "User Agreement" on the Huobi Global website (See);
    • Read the "Privacy Policy" on the website of the exchange Huobi Global (See).

    Huobi Global User Agreement

    "User agreement" is the main document of the project, the rules of which should be read by every user before starting registration on the site. The agreement contains the main rules of cooperation, as well as the duties of clients and organizers. Let's consider some points in more detail.

    It is stated at the beginning of the agreement that transactions with digital assets have extremely high risks and are not suitable for the vast majority of persons. The client must be aware of the fact that such investments can lead to partial or complete losses, therefore it is necessary to determine the amount of investment through the level of damage accepted. The Company does not bear any responsibility for possible losses of the user.

    huobi.io company is not responsible for losses

    The information presented on the website is subject to change at any time without prior notice to customers. Also, the organizers do not guarantee the degree of accuracy of the information presented on the website and do not bear any losses directly or indirectly caused by messages on this website, inability to connect to the Internet, delay/failure in sending or receiving any notifications and messages.

    Huobi Global User Agreement

    The rules of the agreement are subject to change without prior notification to the customers. The organizers make the changes publicly available by announcing them on the website. The date of change will be marked on the first page of the amended agreement. The clients should constantly review and follow the time of updating and the content of this agreement.

    Changing the rules of the huobi.io platform

    The organizers reserve the right to correct, suspend or terminate the services of the website, and in case the services are changed or suspended, the client may not be notified in advance. If the client has not used the account and password to log in within one year, the company has the right to cancel it. After canceling the account, the corresponding user name becomes available for registration and use by others. The agreement also states that if the customer violates the agreement or other laws and regulations, the customer must compensate the company for a minimum of $2,000,000 and all expenses incurred in connection with the violation, including attorney's fees. If that amount is insufficient to compensate the actual damages, the user must pay them in full.

    Traders should understand and accept the fact that the organization is not responsible for such factors:

    • loss of income;
    • transaction profit losses or contractual losses;
    • interrupting operations;
    • foreseeable monetary damages that can be reduced;
    • loss of information;
    • loss of opportunity, damage to commercial reputation or fame;
    • damage or loss of data;
    • the cost of substitute products or services purchased;
    • any indirect, special or consequential loss or damage caused by breach of rights (including errors), breach of agreements or any other cause, regardless of whether the company could have foreseen such loss or damage.

    The user understands and accepts that the organization shall not be liable for compensation of any damages caused by any of the following circumstances:

    • there are serious violations of the law or violations of agreements in specific transactions;
    • the user's actions on the site fall under suspicion of violating the law or not in accordance with standards of morality;
    • costs and losses incurred in connection with the acquisition, receipt of any data or transactions through this platform;
    • Misunderstandings by customers of the site's services;
    • other losses related to the services provided by the site, which occurred through the fault of the organizer.

    Customer Service

    You can contact the support service by one of the suggested options:

    Also on the site you can find a separate page called "Help", where the customer can see the answers to the most popular questions.

    huobi.io support service

     

    Is Huobi Global a scam?

    Huobi Global - an established exchange that appeared on the financial market in 2013. The service allows to carry out cryptocurrency trading. During this period, the platform has gained popularity among customers around the world and continues to evolve. The project is headquartered in Singapore, from where the site is regulated.

    The platform offers its clients simple and favorable conditions for cooperation. Users have the opportunity to work with a large number of currency pairs, which are divided into three markets - BTC, ETH and USDT. The exchange is suitable for both experienced traders and beginners. For inexperienced users, there is a manual with detailed instructions. Trading is done through a platform with a simple and intuitive interface. The trading terminal has a wide functionality that allows clients to work with charts and technical indicators. Verification is available on the platform, but it is not required. The whole process takes from several days to several weeks.

    There is also a referral program for users, which allows them to receive cashback from commissions. Thus, users can receive up to 30% from commissions. In order for customers to have constant access to the trading floor, a mobile version of the application was developed. Currently, both Android and iOS versions are available. The application is a convenient option for users who are often on the road or do not have the opportunity to log in from a computer or laptop.

    Over the 6 years of the platform's operation, a large number of reviews from users have accumulated on the Internet. Most of the comments from customers are positive, so the company has a good reputation on the market. However, there are also disadvantages in the form of complicated verification. Having studied in detail the opportunities that the platform provides, is it possible to claim that Huobi Global is a scam and scammers. No, because the organization has long appeared on the market and has been providing its services to traders around the world for more than 6 years.

     

    Conclusion

    Huobi Global - exchange, which has been providing its services to users for a long time. The platform allows buying, selling, as well as margin trading in cryptocurrency. For 6 years of operation, the project has become popular among customers around the world. On the website, the user can find a large variety of tools and indicators that make trading more comfortable. However, before starting cooperation with the company, the client should carefully study the rules in order to be aware of possible risks. Now the platform looks good among the competitors. If you were or are a client of Huobi Global, leave your impressions about the company's work on our website to form an independent rating of cryptocurrency exchanges.

    Exchange Commission
    43%
    Transaction speed
    49%
    Reliability
    57%
    Technical support
    46%
    2.4

    Отзывы

    • Huobi is a scam!

      I do not recommend anyone to use Huobi. I deposited some funds in Huobi, and when it came time for me to withdraw, they blocked my account for no reason and when I contacted support, they kept making excuses and never unblocked my account.. I’ve been struggling with this issue for months to no avail. Luckily, I stumbled upon aramezglobal. com, a company that helps track down scams and recover lost funds and bitcoins. With their help, I was able to get my funds back.

      Reply to this review
      1
    • Operators nerds tired of calling and dumb...

      Operators nerds tired of calling and dumb on the phone, do not understand from the first or fifth time that the conversation is useless, the proposal is not interesting!

      Reply to this review
    • Calls nerds, tired of people

      The staff is inadequate.

      Reply to this review
      1
    • I will continue to work with this...

      I will continue to work with this exchange, if there will be something interesting I will leave a note.

      Reply to this review
      2
    • They are slow, transferred funds to buy...

      They are slow, transferred funds to buy BTC, no response or salvo, counterparty assures that all was well, and the support service in general is gone. Do not be fooled by this company. lose money and money.

      Reply to this review
      1.3
    • So far, uncertain feelings about the patform

      So far, uncertain feelings about the patform. I filed for compensation and am still waiting. Although I know it’s supposed to work faster.

      Reply to this review
      3
    • Hello all, with verification there were no...

      Hello all, with verification there were no problems, passed the first time, and checked for 15 minutes — very fast!
      I had a problem with the PC version — despite the fact that I allegedly downloaded the Russian version, everything is in Chinese, there is not even a button to change the language, I checked through Google Translator.
      In the end, had to dismantle and switched to the phone application, which is not very convenient.
      I still have no claims, interesting platform, good alternative to Binance, plus referral program with discounts on commissions justifies the time and effort.

      Reply to this review
      4.5
    • Huobi Global is one of the top...

      Huobi Global is one of the top cryptocurrency exchanges, but it has a number of drawbacks. According to feedback from traders, newcomers often encounter problems with verification. In the opinion of many, exchange employees are very picky and constantly put new requirements for verification, and not everyone manages to pass the verification of the account, which affects the daily withdrawal limit. To avoid this problem, we advise you to read requirements for account verification carefully and follow them exactly. Have you had any problems with verification at Huobi Global? Write your feedback and help newbies pass KYC.

      Reply to this review
      4.3
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