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Huobi Exchange

4.1 Follow

One of the world's leading trading platform

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Due to regulatory pressure from Chinese authorities Huobi is ceased trading activity from October 31st

History:

HuoBi is one of the world's leading trading platform, committed to provide investors with a professional, safe and honest transaction services. 

March 4, 2014, fire currency net daily trading volume of more than 260,000, the transaction amounted to 1 billion yuan, creating a global trading platform where Bitcoin record, is one of the world's largest trading volume of Bitcoin trading platform . The Exchange charges no deposit fees but does have an exit fee of between 1% and 2%. 

At the beginning of 2017, the People's Bank of China announced inspections on the three major exchanges in the country. Following these inspections, Huobi has halted margin trading services and instituted a trading fee of 0.2%/0.2%

Expert Review

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4.1 out of 5

A rather complicated to use exchanged out of China, Huobi requires stringent KYC and doesn't permit withdrawal without verification. However it is one of the biggest exchanges out there with a massive volume, it's mainly popularised by the fact that it allows several coins that aren't listed in other exchanges of a similar size. Support is fairly lacking and it can be a headache for non chinese users.

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