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1 Level
6 Review
4 Karma

Review on Huobi Global by Evie Finch

Revainrating 4 out of 5

Withdrawal fees aren’t as important for advanced traders, who will likely…

Withdrawal fees aren’t as important for advanced traders, who will likely focus their activity within the exchange. For them, Huobi’s large number of trading pairs are the main attraction. The relatively high 0.2% trading fees, however, may turn them away or force them to buy the HT utility tokens.



Pros
  • Huobi Capital: This is an initiative where new influential investments are made, and innovative asset management methods are built to accelerate the blockchain’s implementation.
Cons
  • The resources and community that Huobi has developed help new traders get up to speed quickly. Once their skills and confidence grows, they can dive into some of Huobi’s more interesting features. However, the relatively high fees on withdrawals may be an issue for people who treat the exchange as a way to swap currencies for use elsewhere.