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Review on Huobi Global by Trang Le

Revainrating 4 out of 5

Are you the only one? Because if yes, the problem comes from your side for sure…

Are you the only one? Because if yes, the problem comes from your side for sure. Otherwise, we would see a lot of people posting about this already. And a lot of articles published on the news.
And in my opinion, you can't say a site is a scam if it has a security issue (if it's really the case). People like to wrongly overuse the word "scam"
I don't invest in ICOs or anything related to such. I despise the investment in such. I only trade in exchanges, though it has reduced quite a lot recently. So sorry, can't help you out here.
It's obvious that the problem source comes from OPs side. It's probably his system or device that got compromised by a hacker, which is now messing everything up in the hope to steal funds.

An exchange itself doesn't need to mess with people's accounts to steal funds. They can just choose to withdraw an amount from their hot wallet and claim that they have been a victim of hackers.

People (for good reason) have become a bit paranoid when it comes to shady actions of exchanges, but they have to look at themselves as well, and that's something they don't seem to understand yet.



Pros
  • Has Okcoin added fees to all trades in their exchange yet? Maybe the reason theyre still there is because it was only Huobi that added fees and has stopped all the fake trades. If Okcoin gets rid of all the fake trades maybe their volume would be so much lower. I suspect that BTCC really has the highest volume in China. I think the traders all over like OKcoin more vs BTCC, maybe BTCC has more actual volume coming from inside china. Either way its pretty close if you check bitcoinity. One ,they moved to South Korea after the Chinese bloodshed. South Korea is known for regulation. So your details are not only with Huobi,but with the regulatory authority of South Korea most probably. The security flaw can be from your side too,before you blame anything,provide proof that make sound. 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
  • Today - "someone" just went into my account in Huobi - I was so lucky I transfered all from there yesterday. 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. Beware - all password/emails/phones are compromised - get out as fast as you can. Only Huobi had that information - I have no viruses, never given anyone my password, it isn't written anywhere. Exchange did it or someone hacked them - both = get out !! or you can lose all. I tried to participate in their ICOs but it instantly gets sold out each time as if there are bots buying. This is not legit and not fair for the community. I'm cashing out of that exchange. On top of that their reward and vip fees don't make sense, fees are still 4x higher than binance... What's the incentive in using that excahnge?