Huobi Pro

Huobi Pro

  • Seychelles

  • Full trading platform

  • Huobi.pro

  • Since 2018

Huobi Pro
In Social Media:
Developed Ease of use,  Enough secure,  Anonymously trading

Volume 24H: BTC 7,465/24h

Huobi Pro Trading Platform is the successor of Chinese Huobi Firewire Network Exchange, having re-registered in Seychelles and moved all users' digital assets. The Chinese exchange is best known for reaching a record amount of daily traded BTC, though there are (unsupported) claims that the company has faked trading volumes on several occasions.

In its current version, Huobi Pro exchange makes it difficult and time consuming for some users to create an account as they keep receiving the confirmation code after the registration session has expired. Functionality might be too limited for a professional trader, but the team is said to be working on adding advanced features for experts. It is not the best platform for beginners.

Language Support

  • Chinese
  • English
  • Korean

Country Support

  • Australia
  • Canada
  • China
  • European Union
  • Hong Kong
  • Japan
  • Most Africa
  • Most of Asia
  • Most of Eastern European Union
  • Most of Latin America
  • Most of the Middle East
  • New Zealand
  • Norway
  • Russian Federation
  • Singapore
  • Switzerland
  • Turkey
  • United Kingdom of Great Britain and Northern Ireland
  • United States of America

Platforms Systems

  • Web Interface
  • Mobile App

Stock Market Options

Interface
customisation:

  • Allows customization of charts
  • Allows light and dark theme

Advanced
Options:

  • Limit Order
  • Market Order

Huobi Pro security levels are exceptionally high. They offer 2FA and a withdrawal white list option. They use an elastic multi-stage wallet strategy ensuring that 80-90% of funds are kept offline and secure. Also, for withdrawals, users are required to pass an enhanced verification process providing proof of the validity of their identification documents.

Summary:

2 Factor Authentication
No
Funds Insured
Funds are not insured
Private Keys Stored On
Exchange platform
Storage Type
They claim to hold user funds in cold storage but are not specific about it.

Security Features:

  • SSL
  • Protection from DDoS attackes

Huobi Pro is the successor of Huobi Firewire Network, a popular Chinese exchange founded in 2013 that had gradually given up margin trading and CNY support due to national government regulations. The new platform was launched in 2017 by Huobi Global Limited. The Seychelles-based company seems to be making efforts to engage international users and shift focus from the Asian market.

Summary:

The Houbi exchange has been around since 2013 and has made a name for itself, especially in the Asian market. The current Huobi Pro platform is still in the process of redefining itself. Failure to provide essential information makes it difficult to use for the crypto novice. However, Huobi is included in the top 20 when it comes to trading volume. At least for experts, it's worth a try.

Ease of use
Developed
Transaction Fees
0.1-0.29%
Deposit/Withdrawal Fee
0.1-0.29%
Deposit/Withdrawal Fee c For Bank Transfer
N/A
Deposit/Withdrawal Fee For Credit Card
N/A
Deposit/Withdrawal Fee Charged For 3rd party Payments
N/A
Anonymous Trading
Yes

Deposit/Withdrawal Options:

Send/Receive Crypto

Functionality:

In its new version, Huobi exchange doesn't support any fiat, nor margin trading or FX. It supports a good number of popular cryptocurrencies and allows some advanced order types, while providing competitive trading fees. However, the platform offers, at this point, no easy way to find details about payment methods or fees for deposits or withdrawals.

Most common
customer complaint:

Limited functions, difficulties with creating an account