October 11, 2018

Huobi Exchange Info, Markets & Trading Volume.

Exchange NameHuobi
Volume (24H)$461,009,326.43
71,808.53 BTC
Coins Support159
Trading Pairs358
Websitehttps://www.huobi.pro
Twitterhttps://twitter.com/HUOBI_Pro
Alexa Rank577466
Top CountryRussia

Huobi exchange 24 hours trading volume is $461,009,326.43 (71,808.53 BTC) This exchange supports 159 crypto currencies and 358 market trading pairs. According to Alexa website traffic analysis this exchange website has 577466 rank worldwide. Its website is most popular in Russia with a Alexa rank of 452141

 

More Info About Exchange

Cryptocurrency exchange market is picking up stream, and numerous exchange services have entered the arena each presenting different mix of pairing, fees, user interfaces and geographical quirks. Based in Singapore, it is a cryptocurrency exchange focusing on independent Cryptocurrency analysis and customer service.

The company was founded in 2013 in Beijing, but it was forced to relocate to Singapore due to the ban of Cryptocurrency trading and ICOs by the Chinese government. The company is still much centred on Asian market with offices in Hong Kong, Korea, Japan, and also to its Singapore office.

Additionally, it has a single office in the United States, but in May 2018, the company started rejecting registration for U.S citizens due to the country’s regulatory laws. Recently, the company has stated an intention of opening a Service for U.S citizens in the future but based out of San Francisco, California, Location.

huobi front page

Getting Started

Getting started with the exchange is very easy as all you need is registering an account using your email address. On the top right corner of the Huobi web page, you will find a link to create an account. The first step is selecting your country which cannot be changed once entered.

The company operates in over 130 countries, and unfortunately, there is no nationality option for the United States residents. In 2018, the most frequently selected nationalities are Hong Kong, China, Germany, Taiwan, Canada, Korea and the United Kingdom.

Your Username can be either an email address or a telephone number. Once you create an account, it is advisable to check your verification email in the spam folder as Huobi warns that sometimes email address verification may be erroneously marked as spam.

Once you have verified your account and login in for your first time, you will find a welcome screen offering you choices of buying some cryptocurrency with US dollars (USD), Singapore dollars (SGD) and Chinese Yuan (CNY) using their OTC service or even transfer digital assets you own to the exchange.
Cryptocurrencies Huobi Supports:

Click the link below and sing up on the biggest crypto exchange in the world.

 

How to Trade on Huobi

huobi exchange

After account sing up, it is time for primary exchange. Huobi offers BTC, USDT, and ETH pairings. There are about 100 BTC, over 40 USDT and around 100 ETH pairings.

These pairings are divided into categories depending on the time they have been on the exchange and whether they are a fork of an existing coin. Every pair prices are viewed regarding U.S. dollars or trading pair.

All available trading pairs are located on the left of a fairly comprehensive trading screen in their own sidebar. The right side of the screen is dominated by an interactive chart which is powered by the trading view which allows you to access a wide range of Technical Analysis Tools such as Moving Avengers, Bollinger and many more.

Under the chart, you will find the order forms which allows you to purchase and sell with market orders and limit orders. On the right, you will find the selected coin’s orders and prices. Below these tools are the market trades, and a depth chart with a handy section containing each coin’s statistics.

Compared to other exchanges such as Binance, this Huobi’s exchange tool makes the company far much better.

Other Trading Options

Apart from the primary trading interface, it also offers other two platforms for complimentary trading.

1. Huobi Autonomous Digital Asset Exchange (HADAX)

hadax exchange

Professional traders are granted with a more wild west version of the regular cryptocurrency platform. Huobi does not independently control the investment value of tokens and coins registered to its system. Token listings are voted by exchange users, as they are verified by HADAX to be legitimate and authentic.

Investors have to meet minimum investment standards to become qualified users due to the high risk involved in trading these assets.

2. Over-The-Counter (OTC)

huobi otc exchange

The OTC section offers potential sellers and buyers a secure way to trade large quantities of coins without being exposed to the fickle exchange market. Qualified merchants can register here, and they will enjoy minimised slippage by matching sellers and buyers directly without order creation.

OTC cryptocurrency trades typically occur when the size of the sale or buy is big enough to move a market alone or after becoming a significant factor.

Is Huobi Safe?

Huobi has taken cryptocurrency security professionalism to another level. Global financial titan Goldman Sachs assists risk control and exchange's security. To set up an investor security fund, the trade itself utilises the HT token. The independent cryptocurrency analysis system is specially designed to keep away malicious coins from the exchange’s main site. Additionally, the company benefits from the inherent security of a hardened and decentralised anti-DDOS structure

ID verification is available and also two-factor authorisation for withdraws and trades. To encounter hacks, over 98 percent of investors fund are stored in cold storage. In May 2018, there was a hack attempt, but no customer funds were lost. Huobi buys its own HT using 20 percent of collected transaction fees and sets them aside for loss competition. Additionally, they reportedly save 20,000 BTC, and which is stored in an independent address for backup in case the exchanged gets catastrophically attacked, the BTC will be used to cater for investors’ losses.

Customer Support.

Huobi has one of the best customer service platforms in the cryptocurrency market. Customer service agents can be reached through a telephone call or by email ticket and online chat. The exchange also offers messaging app communities and several social networks that inquiries can also be made through. Regular response time is estimated to be between 2 to 3 hours, and customer service agents are said to be helpful and polite.

Click the link below and sing up on the biggest crypto exchange in the world.

 

Conclusion

Huobi is clearly an exchange service with big ambitions which is signified by the current international expansion strategy and also bringing the needed professionalism to the cryptocurrency space. Additionally, the alternative HADAX exchange was a shrewd move, because the company will even win over many fans.

It is also encouraging to see how Huobi is working hard to comply with United States regulations to enable U.S. citizens to access their platform. Its essential trading equipments are user-friendly. Over time, the advanced trading techniques will prove to be more useful as the cryptocurrency market expands.

Pros & Cons

ProsCons
Available on Windows and Mac operating systems as well as through iOS and Android trading appsFocus on Asian markets
24/7/365 customer serviceWas hacked in the past
Pre-trade education programs for new usersHas previously been accused of falsifying trading volumes
Competitive feesHigh withdrawal fees on some coins
Margin trading available
Extremely high liquidity

#CurrencyPairPriceVolume (24h)Updated

 

 

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