Review on Huobi Global by Syed Adnan
Ideal place to buy and sell cryptos.
This is one of the more valid cryptocurrency exchanges currently available. Product execution, territorial expansion, partnerships and broad business options have all contributed to the success of the company.
In the years to come, I believe that cryptocurrency exchanges who choose not to work with regulators will have a hard time staying relevant. It has made it clear that they are willing to do whatever is necessary to obtain a regulatory license in the countries in which they operate.
This is good for both retail and institutional merchants. I believe that higher trading fees are justified based on broad trading options, customer support, liquidity and user experience.
Pros
- This is a great choice for anyone looking for a crypto asset trading.
- Finding the desired trading pairs and executing the trade is easy to understand.
- It has strong liquidity for most top crypto assets.
- Margin trading is available with up to 5x leverage in selected trading pairs.
- Users can lend their crypto assets.
- It has done a great job of expanding their global brand through controlled exchanges.
Cons
- Fees are higher than the industry standard.
- Big traders must do KYC to increase the withdrawal limit.
