Huobi Cryptocurrency Exchange Review (2020)

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Fees in line with others –   The costs of trading at Huobi are currently set at 0.20% of the total transaction value. They used to distinguish between market “makers” and “takers”, but this is no longer the case.

Over 100 coins available – Huobi has become somewhat of an “altcoin heaven”, with the constant additions of new assets. The list may grow even further in the future, but currently features a lot of the “major” coins: BTC, ETH, XRP, LTC, IOTA, XEM, DASH, NEO and many more. Trading is done vs BTC, ETH and USDT.

Launched a second brand for riskier coins – there is another exchange running on the same technology, called HADAX. The ley difference is the fact, the community votes for the assets to be listed on it. This means they will be the less popular (and riskier) altcoins.

Non-exchange activity – Huobi has done a lot to establish itself as an authority on cryptocrurrencies and something more than an exchange. The company offers a mining pool, a Blockchain Asset Assessment Model, frequent updates on their YouTube channel and attending live events. We believe this is mainly done to clear the somewhat shadier image from the past.

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