1 Level
6 Review
1 Karma
Review on Huobi Global by Lauren Richardson
The commission depends on the currency used and it's trading volume. A trader…
The commission depends on the currency used and it's trading volume. A trader who places an order pays 0.1% of the transaction amount. Anyone who closes a deal pays a commission, depending on the currency's trading volume for the last month.
RMB trading fee is 0.2% of the transaction amount. The withdrawal fee depends on trader’s status (VIP) on the Huobi platform, which is determined by the points awarded for every performed transaction.
VIP0 — 0 points — 0.5%.
VIP1 — 10 thousand points — 0.45%.
VIP2 — 100 thousand points — 0.4%.
VIP3 — 300 thousand points — 0.38%.
VIP4 — 500 thousand points — 0.35%.
Pros
- Huobi Pro offers support in English and Mandarin and customer service agents can be reached via telephone, to one of its several country offices, as well as by email ticket and online chat. The exchange also maintains several social networks and messaging app communities that inquiries can also be made through. Typical response time to email tickets is said to be between 2 and 3 hours and the company’s customer service agents are reputed to be both polite and helpful.
Cons
- The Huobi registration process is not as simple as one would hope. After completing the registration form, you will receive the initial e-mail with the confirmation link. Then comes the verification process during which you must specify your real name and personal details. Since the account is linked to a bank account, user name must be the same as the name of the bank account owner.volumes. Overall. Huobi Pro’s fee structure can be considered very good value.
