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6 Review
3 Karma

Review on Huobi Token by Gregoria Posner

Revainrating 5 out of 5

Creating accounts on Huobi is relatively simple. The link to create an account…

Creating accounts on Huobi is relatively simple. The link to create an account is in the top right corner of the homepage. The first registration screen asks you to select your country of origin, with the warning that it can not be changed when entered. Huobi is proud to be active in more than 130 countries. However, exactly, the United States is not given as a possible citizenship option. The countries most frequently selected since May 2018 are China, Hong Kong, Taiwan, Japan, Korea, Germany, United Kingdom, and Canada.
The username you choose may be a phone number or email address. Huobi warns that verifying email addresses may be mistakenly flagged as spam, so it's important to check your spam folder for verification emails when you create your account.

Once you've created your account, verify your email and then log in for the first time you are shown a welcome screen offering you the option to purchase an electronic currency amount with CNY, US Dollars (USD) and Singapore Dollars (SGD) use their OTC services or transfer some of the services that you already own to the trading platform.



Pros
  • As the electronic money market receives steam, many exchange services have entered the arena. Each section presents a different combination of charges, pairings, geographical quirks and user interface. Huobi is a Singapore based exchange with an emphasis on customer service and independent electronic money analysis. Founded in 2013, Huobi is still very focused on the Asian market, with offices in Japan, Korea and Hong Kong, in addition to its headquarters in Singapore. However, as of May 2018, Huobi warned US travelers to their site that they could not accept their registration due to U.S. law. The company has stated that it intends to open a service to US citizens in the near future, based on the San Francisco, California location. Once you've created your account, it's time to visit the base exchange. Huobi offers USDT, BTC and ETH. There are more than 40 USDT pairs, about 100 BTC pairs and some similar ETH pairs. The pairs are divided into categories according to the time they were on Huobi and whether they are a branch of an existing coin. All pair prices can be viewed in pairs or US dollars. The main trading platform is quite comprehensive with all the available trading pairs located on the left in their own sidebar
Cons
  • This evaluation will focus on the nuts and bolts traded on Huobi, as well as unique features to exchange, including its coin pair, security features and trading tools. We will also look at Huobi's customer service model, which Huobi claims is the first 24/7 customer service unit to exist and Huobi's specialized investment fund. Create your deal After funding your wallet with the electronic money you choose, Huobi allows you to transfer directly to the markets through their exchange screen. Two types of orders are support - limit and market. The transaction interfaces for both are largely self-explanatory. Prices are displayed in both potential currency pairs and U.S. dollars and amounts can be entered or manually selected using the slider. The slider is a particularly useful tool to visualize the market share of your current currency that you intend to bet on a trade. Dragging the slider all the way to the right means you are going all-in, pulling it halfway assuming you are taking half your money to market, and so on.

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