1 Level
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Review on Huobi Global by Anna Johnson
Huobi, which was formed in 2013 in Beijing, is a crypto exchange that focuses…
Huobi, which was formed in 2013 in Beijing, is a crypto exchange that focuses on Southeast Asian markets and supports trading of more than 190 cryptocurrency pairs accross multiple platforms and devices. It moved its base to the Republic of Seychelles after start of crackdown on crypto exchange by Chinese government in 2017. It has other offices in Singapore, the United States, Japan, Korea and Hong Kong and it now serves customers in more than 130 countries around the world.
Pros
- In case you are looking to trade Bitcoin speculatively, some of the forex brokers which provide cryptocurrency CFDs, like IG, may be a nice alternative. That being said, they are not suitable for a long term investment, as most of them charge overnight fees. For all the details
Cons
- Huobi has done a lot to establish itself as an authority on cryptocrurrencies and something more than an exchange. The company offers a mining pool, a Blockchain Asset Assessment Model, frequent updates on their YouTube channel and attending live events. We believe this is mainly done to clear the somewhat shadier image from the past.
