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Review on Huobi Global by Bien Ca

Revainrating 4 out of 5

You can now trade and trade currencies with USD or CNY such as Bitcoin (BTC…

You can now trade and trade currencies with USD or CNY such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Bitcoin Cash (BCH) and Ethereum Classic (ETC), depending on the coin you have. Different currency pairs.
According to Coin market cap statistics, Huobi is currently ranked 9th in terms of total trading volume over the past 24 hours.
I'm not really aware on Huobi issues recently specially related to this one. If op is the only one who do experience such thing then most likely the problem is really from the user because its quiet odd to assume that they are the ones who do make inside job and they wont really ruin their reputation for sure. Knowing this is included on top sites which do have high volume. The word of scam here is being used inappropriately.



Pros
  • The interface of Huobi.com is quite user-friendly and easy to use. There are two languages available in Chinese and English, but the website is only partially translated into English so it will be a bit difficult for foreign investors.I have top security there - passport number, photo, Email, phone, G2 security - STILL "someone" just disabled my phone !! WOW !! - it wasnt working whole day. Now I got sms that someone logged in to my account. Its not a Bot,its how freaking quick markets function,Huobi is one of the biggest exchanges of crypto,people are going crazy for its tokens. And those Vip fees are especially for Korean whales who like things to function quick,and Huobi makes a hell lot of profit from it. The reward system ,its technically not exactly a reward ,we all know who benefits from such rewards.
Cons
  • Margin trading available, but complicated – the way this is done at Huobi is a bit unusual. One can borrow coins only for a specific trading pair, a fee is charged every 24 hours and the maximum leverage ratio isn’t disclosed anywhere. Apparently your initial margin has to be in the same coin you are borrowing (which is understandable) and the lowest borrowing rate is 0.1%