Review on Huobi Global by Douglas Cachazo
Huobi Global: Second largest Asian exchange.
Founded in China in 2013 and based in Singapore and representative offices in the United States, Hong Kong, Japan and Korea. It lags among the 10 most important in the world and ranks second in volume of daily transactions behind Binance which is the first, therefore my second headline. It works on your website and it also has a mobile application in IOs or Android operating systems, although 100% of its functionality is reached in its Web version which is available with the main languages such as: English, Spanish, Chinese, German, Turkish , Russian, French, Portuguese, Vietnamese and Korean. It lacks a downloadable desktop application which is my favorite option. It works with the main Cryptocurrencies and others with a high number of pairs available according to the crypto.Apart from the basic functions of an exchange, this Exchange also offers P2P transactions, Loans, Future Exchange, loans and recently added a kind of savings account with an annual interest of 88% only available for 1000 savers in Bitcoin and Theter although this savings service has maximum limits of 3,000 dollars in those currencies and is not available for countries such as: China, Hong Kong, United States, Singapore, Japan , UK and Germany. That savings account seems to me to be a global company something like a joke without grace. Good Exchange but actually I prefer the other Asian giant in Exchange.
Pros
- Strong and secure Exchange in the top 10
- Work with high volume pairs
- High liquidity
- Accept some Fiat currencies for the purchase of Crypto.
- Despite being an Exchange it offers high security in our cryptos stored in it, it has a backup for it.
Cons
- It is considered global but with restricted services in some countries, it is not 100% global
