Review on Huobi Global by francis fernandez
Huobi Global
Huobi Global is the second largest exchange in China, created in 2013 by Leon Li. In order to offer speed, reliability and simplicity to its operations, the experts of the Huobi platform are working on the issuance of tokens, which will also be used for the payment of Huobi fees.
Recently, this platform opened the option of savings accounts in crypt currencies just like its counterpart Coinbase did; which will be available for more than 1000 users and will have a limit of 3000 USDT or the amount equivalent to BTC.
These savings accounts in crypt currencies; offer the possibility to users to withdraw savings and deposits whenever they wish; but for now this option is only accessible to a group of users, since certain countries are excepted.
The rest of the functions of this exchange house are still accessible to users who wish to carry out operations under this platform.
This platform despite having unleashed some controversies around its operation; it is still developing and betting on its future and improvements.
Pros
- Its platform has 10 languages.
- Manage a wide variety of FIAT currencies and crypt currencies.
- It is the third largest exchange house in the crypto market, since its transactions are around 127,000 BTC daily.
Cons
- Huobi's crypt currency is only available on six platforms: BTC, BTH, ETH, ETC, LTC, and USDT.
- Access to crypt currency savings accounts will be restricted for certain countries; such as: Germany, Singapore, China, the United States and Hon Kong.
