Huobi Global review & testimonials (updated 04.2020)
- Overview: is Huobi Global safe?
- Pros & Cons of Huobi Global
- Services, Huobi Global Provides
- Currencies & Payment Systems
- Huobi Global fees
- Buying and selling limits
- Supported countries
- Customer service
- Verification at Huobi Global
- Deposit/withdrawal speed
- Customers' testimonials
- FAQ about Huobi Global
- Huobi Global vs other exchanges
- Conclusion: is Huobi Global legit or scam?
What is Huobi Global in a nutshell? It's recently added to our monitoring, respectable, well established, promising exchange service (trading platform) supporting some popular crypto: you can exchange these using the website. Exchange service started the business Aug 2013, it's a fully compliant, licensed financial company. Besides the cryptocurrencies exchange, Huobi Global also provides other services, for example, Margin Trading.
This Trading Platform welcomes customers from
253
countries
(unfortunately, your country: United States is not supported at the moment;
but there are good alternatives).
Due to regulatory restrictions, US citizens and residents are not served by the exchange.
Unfortunately we couldn't yet collect enough data about the order processing speed from the customers of Huobi Global,
although according to the information from the exchange itself, order processing is automated and should be instant.
Depending on the order details, you may need to verify your account
Based on all these facts, our verdict is the following: Huobi Global is a legit, but promising, although not yet reviewed much by our visitors place to exchange Bitcoins, an interesting exchange that we believe will get some nice feedback soon!
Overview: is Huobi Global safe?
Huobi Global is the Trading Platform; Huobi Group (dba Huobi Global) started the business in August 2013. The company is based in the Singapore with the headquarters located in the Singapore.
Huobi Global was founded by Leon Li. Dai Zhikang, Zhen Fund, Sequoia Capital are among the lead investors. Huobi Global CEO is also Leon Li; other notable people are holding various positions in firm, for example Jiawei Zhu (COO), Xianfeng Cheng (CTO), Chris Lee (CFO), Simon Wu (CSO).
Huobi Group is one of the leading corporations in the Bitcoin and Blockchain industry with offices and entities in a number of countries. There are over 1300 staff members in 12 countries, including the U.S., Japan, Thailand, Gibraltar, etc.
Answering the question how safe is Huobi Global:
We are sorry, our platform has't yet collected enough data, but you can help! We know fairly much about this Trading Platform (please continue reading), but our policies require to collect more testimonials from the users of Huobi Global to draw a conclusion. Do you have any experience dealing with this service? Please add your feedback, this will be a great help! Or maybe you know someone who does? Kindly ask him/her to tell us about it here! We really appreciate your participation.Pros & Cons of Huobi Global
Although Huobi Global is not yet rated by our visitors, common sense tells us it should have both strong sides and some downsides. Let's check it out:
- It's very stable and reliable exchange service operating from 2013.08. Fully compliant and regulated business, service provided by licensed financial company.
- Almost all the countries in the world are welcomed here! Feel free to check if your country is allowed to register an account.
- Besides the buying and selling, you may trade cryptocurrencies and earn some profit.
- Trading platform business model is based on holding the clients funds at the online wallet; such approach has some risks.
Seems that there are not so many cons, but a lot of pros. We hope you will enjoy your experience exchanging at Huobi Global! Try Huobi Global today and let us know how you like it!
Services, Huobi Global Provides
The platform provides the following cryptocurrency exchange-related services:
- Helps the visitors to exchange the electronic currencies.
- Margin (leveraged) trading; traders can access greater sums of capital than they possess by borrowing it from the exchange
So Huobi Global is something bigger than just a place to exchange digital currency. According to our statistics, 97% of the competition provide less services, many just allow the buying and selling, so this trading platform is among the champions in this field!
Currencies & Payment Systems
Huobi Global provides the service of various cryptocurrencies exchange.
If you are not sure, which one of these electronic currencies you are most interested in, you are welcome to read our guides. For example, these: Top 3 cryptocurrencies that are anonymous to buy in 2020.
Huobi Global fees
Unfortunately, the integration data from Huobi Global is missing, seems that there are some technical issues preventing our bot to crawl the information. We are sorry, but we can't analyze the fees without an access to the data feed, although you can check everything by yourself at the exchange website.
Buying and selling limits
This Trading Platform has the following limits, applicable when you buy or sell cryptocurrencies:
We are sorry, but at the moment the data feed from Huobi Global is missing, so we can't provide you with this information. Please don't hesitate to either check by yourself at their website or just come back later!
Supported countries
Platform allows the users from 253 countries to use the exchange. The following countries are supported by the trading platform:
- Afghanistan (AF)
- Aland Islands (AX)
- Albania (AL)
- Algeria (DZ)
- American Samoa (AS)
- Andorra (AD)
- Angola (AO)
- Anguilla (AI)
- Antarctica (AQ)
- Antigua & Barbuda (AG)
- Argentina (AR)
- Armenia (AM)
- Aruba (AW)
- Ascension Island (AC)
- Australia (AU)
- Austria (AT)
- Azerbaijan (AZ)
- Bahamas (BS)
- Bahrain (BH)
- Bangladesh (BD)
- Barbados (BB)
- Belarus (BY)
- Belgium (BE)
- Belize (BZ)
- Benin (BJ)
- Bermuda (BM)
- Bhutan (BT)
- Bolivia (BO)
- Bosnia & Herzegovina (BA)
- Botswana (BW)
- Bouvet Island (BV)
- Brazil (BR)
- British Indian Ocean Territory (IO)
- British Virgin Islands (VG)
- Brunei (BN)
- Bulgaria (BG)
- Burkina Faso (BF)
- Burundi (BI)
- Cambodia (KH)
- Cameroon (CM)
- Canada (CA)
- Canary Islands (IC)
- Cape Verde (CV)
- Caribbean Netherlands (BQ)
- Cayman Islands (KY)
- Central African Republic (CF)
- Ceuta & Melilla (EA)
- Chad (TD)
- Chile (CL)
- China (CN)
- Christmas Island (CX)
- Cocos (Keeling) Islands (CC)
- Colombia (CO)
- Comoros (KM)
- Congo - Brazzaville (CG)
- Congo - Kinshasa (CD)
- Cook Islands (CK)
- Costa Rica (CR)
- Côte d’Ivoire (CI)
- Croatia (HR)
- Cuba (CU)
- Curaçao (CW)
- Cyprus (CY)
- Czech Republic (CZ)
- Denmark (DK)
- Diego Garcia (DG)
- Djibouti (DJ)
- Dominica (DM)
- Dominican Republic (DO)
- Ecuador (EC)
- Egypt (EG)
- El Salvador (SV)
- Equatorial Guinea (GQ)
- Eritrea (ER)
- Estonia (EE)
- Ethiopia (ET)
- Falkland Islands (FK)
- Faroe Islands (FO)
- Fiji (FJ)
- Finland (FI)
- France (FR)
- French Guiana (GF)
- French Polynesia (PF)
- French Southern Territories (TF)
- Gabon (GA)
- Gambia (GM)
- Georgia (GE)
- Germany (DE)
- Ghana (GH)
- Gibraltar (GI)
- Greece (GR)
- Greenland (GL)
- Grenada (GD)
- Guadeloupe (GP)
- Guam (GU)
- Guatemala (GT)
- Guernsey (GG)
- Guinea (GN)
- Guinea-Bissau (GW)
- Guyana (GY)
- Haiti (HT)
- Heard Island and McDonald Islands (HM)
- Honduras (HN)
- Hong Kong SAR China (HK)
- Hungary (HU)
- Iceland (IS)
- India (IN)
- Indonesia (ID)
- Iran (IR)
- Iraq (IQ)
- Ireland (IE)
- Isle of Man (IM)
- Israel (IL)
- Italy (IT)
- Jamaica (JM)
- Jersey (JE)
- Jordan (JO)
- Kazakhstan (KZ)
- Kenya (KE)
- Kiribati (KI)
- Kosovo (XK)
- Kuwait (KW)
- Kyrgyzstan (KG)
- Laos (LA)
- Latvia (LV)
- Lebanon (LB)
- Lesotho (LS)
- Liberia (LR)
- Libya (LY)
- Liechtenstein (LI)
- Lithuania (LT)
- Luxembourg (LU)
- Macau SAR China (MO)
- Macedonia (MK)
- Madagascar (MG)
- Malawi (MW)
- Malaysia (MY)
- Maldives (MV)
- Mali (ML)
- Malta (MT)
- Marshall Islands (MH)
- Martinique (MQ)
- Mauritania (MR)
- Mauritius (MU)
- Mayotte (YT)
- Mexico (MX)
- Micronesia (FM)
- Moldova (MD)
- Monaco (MC)
- Mongolia (MN)
- Montenegro (ME)
- Montserrat (MS)
- Morocco (MA)
- Mozambique (MZ)
- Myanmar (Burma) (MM)
- Namibia (NA)
- Nauru (NR)
- Nepal (NP)
- Netherlands (NL)
- New Caledonia (NC)
- New Zealand (NZ)
- Nicaragua (NI)
- Niger (NE)
- Nigeria (NG)
- Niue (NU)
- Norfolk Island (NF)
- Northern Mariana Islands (MP)
- North Korea (KP)
- Norway (NO)
- Oman (OM)
- Pakistan (PK)
- Palau (PW)
- Palestinian Territories (PS)
- Panama (PA)
- Papua New Guinea (PG)
- Paraguay (PY)
- Peru (PE)
- Philippines (PH)
- Pitcairn Islands (PN)
- Poland (PL)
- Portugal (PT)
- Puerto Rico (PR)
- Qatar (QA)
- Réunion (RE)
- Romania (RO)
- Russia (RU)
- Rwanda (RW)
- Samoa (WS)
- San Marino (SM)
- São Tomé & Príncipe (ST)
- Saudi Arabia (SA)
- Senegal (SN)
- Serbia (RS)
- Seychelles (SC)
- Sierra Leone (SL)
- Singapore (SG)
- Sint Maarten (SX)
- Slovakia (SK)
- Slovenia (SI)
- Solomon Islands (SB)
- Somalia (SO)
- South Africa (ZA)
- South Georgia & South Sandwich Islands (GS)
- South Korea (KR)
- South Sudan (SS)
- Spain (ES)
- Sri Lanka (LK)
- St. Barthélemy (BL)
- St. Helena (SH)
- St. Kitts & Nevis (KN)
- St. Lucia (LC)
- St. Martin (MF)
- St. Pierre & Miquelon (PM)
- St. Vincent & Grenadines (VC)
- Sudan (SD)
- Suriname (SR)
- Svalbard & Jan Mayen (SJ)
- Swaziland (SZ)
- Sweden (SE)
- Switzerland (CH)
- Syria (SY)
- Taiwan (TW)
- Tajikistan (TJ)
- Tanzania (TZ)
- Thailand (TH)
- Timor-Leste (TL)
- Togo (TG)
- Tokelau (TK)
- Tonga (TO)
- Trinidad & Tobago (TT)
- Tristan da Cunha (TA)
- Tunisia (TN)
- Turkey (TR)
- Turkmenistan (TM)
- Turks & Caicos Islands (TC)
- Tuvalu (TV)
- Uganda (UG)
- Ukraine (UA)
- United Arab Emirates (AE)
- United Kingdom (GB)
- Uruguay (UY)
- U.S. Outlying Islands (UM)
- U.S. Virgin Islands (VI)
- Uzbekistan (UZ)
- Vanuatu (VU)
- Vatican City (VA)
- Venezuela (VE)
- Vietnam (VN)
- Wallis & Futuna (WF)
- Western Sahara (EH)
- Yemen (YE)
- Zambia (ZM)
- Zimbabwe (ZW)
Does Huobi Global allow the users from United States (US)?
Sorry, but the Huobi Global can't provide the services to the citizens and residents of the United States of America at this time, due to the local regulations and licensing matters, etc. But there are no reasons to get disappointed because of that, there are plenty of great exchanges as well as the ones of Trading Platform type, who warmly welcomes the American people! We can recommend you to look at these:
Customer service
Verification at Huobi Global
The trading platform may require the customers to pass through the user identification (account verification) process. The following procedures should be completed if you desire to buy or sell the cryptos using fiat money here:
- ID verification
Note that the verification is only required for the exchanges with fiat currencies (i.e. buying and selling digital currencies)!
According to the customers surveys results, the average time to verify an account at Huobi Global is the following:
Sorry, we haven't yet collected enough data. Do you know, how fast Huobi Global does account verification? Kindly let us know, too. Thank you very much!
Deposit/withdrawal speed
Huobi Global processes the orders automatically, that's definitely a good thing and the process should take no time. Although we know that some exchanges require various forms of staff approval, etc. for the specific orders; such ones generally take longer. Even fully automated platforms sometimes delay the funds delivery, so if you know that it's the case here at this trading platform, let us and the community know about it, please!
Is Huobi Global instant?
So, what can we see? In accordance with the data we know about the trading platform, orders at Huobi Global should be instant. Although we don't have enough information about the order delivery speed from actual customers yet, sorry.
Customers' testimonials
There are currently no users testimonials about the Huobi Global. Do you have any experience using this trading platform? If you do, please say a couple of words about it!
FAQ about Huobi Global
Does Huobi Global holds my funds?
Yes, it does. Although you can always withdraw the funds to your e-currency wallet "by default" Huobi Global holds your balance at it's own hot storage wallet. This is the standard practice for all the trading platforms, although we recommend to keep only the funds you need for the trading at the exchange.
Is Huobi Global a good trading platform?
Although we have not enough users' reviews yet, we analyzed the information we have. Feel free to get acquainted with the details reading this review or just jump to the conclusion!
Is Huobi Global licensed? Does it hold e-money license?
Although Huobi Group (registered name of company operating Huobi Global exchange)holds no special licenses, it fully complies with the regulation in Singapore; no license is required there to run such a business.
Does Huobi Global provides Margin Trading?
It does. Margin trading is possible at Huobi Global; if you wish to, you may trade with leverage here!
Is Huobi Global a ripoff?
It is not a ripoff, although we have not rated Huobi Global yet due to lack of user testimonials, it complies with our standards. Feel free to read the whole this review to understand why or check our conclusion: is Huobi Global legit or scam.
Huobi Global vs other exchanges
Let's compare Huobi Global to other similar exchange services with similar features: others of trading platform type mostly. Besides, seems reasonable to compare the platform with the exchanges having similar rating and serving (mostly) the same geographic, etc. Remember that if you wish to find the exchange offering the best price to buy/sell Bitcoin and 33 other cryptos, check the best rates to buy bitcoin and crypto in United States!
Huobi Global vs Bitonic
Let's compare the key features of these two platforms to see which one suits you best:
- Bitonic is a broker Huobi Global is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
- Bitonic had started the business May 2012 Huobi Global started the business August 2013 (Bitonic is working for 1 years and 2 months longer time).
- Bitonic has all the required business licenses and permissions Huobi Global has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides buying and selling cryptocurrencies, Bitonic provides the following extra services: Merchant Services Huobi Global provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- 1 fiat currencies are available at Bitonic Huobi Global doesn't allow to use any fiat currencies (Huobi Global supports 1 fiat currencies less).
- Bitonic accepts deposits from and allows withdrawals to 3 fiat payment systems / banks Huobi Global doesn't support fiat payments in any form (Huobi Global supports 3 banks and fiat payment systems less).
- Bitonic allows registrations from 46 countries; we are sorry, but United States is not supported this time You may register at Huobi Global if you reside in one of 253 countries; unfortunately, United States is not among the supported ones (Huobi Global supports more countries worldwide).
- During the account verification Bitonic usually asks for 3 documents and/or procedures: (id verification, phone confirmation, a bank account verification) User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global 's compliance program requires the client to take more actions or to provide more data).
Although the final decision, which exchange — Bitonic or Huobi Global — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Huobi Global vs BitQuick
Let's compare the key features of these two platforms to see which one suits you best:
- BitQuick is a p2p marketplace Huobi Global is a trading platform, it has a different business model (feel free to read about the differences between p2p marketplace and trading platform)
- BitQuick had started the business October 2013 Huobi Global started the business August 2013 (Huobi Global operates 2 months longer).
- BitQuick has all the required business licenses and permissions Huobi Global has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides the digital currencies exchange, BitQuick provides no extra services Huobi Global provides more exchange-related services: it just exchanges cryptos.
- BitQuick allows registrations from 1 countries; United States is among the supported ones You may register at Huobi Global if you reside in one of 253 countries; unfortunately, United States is not among the supported ones (Huobi Global supports more countries worldwide).
- During the account verification BitQuick usually asks for 1 document / procedure: (phone confirmation) User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global 's compliance program requires the client to take more actions or to provide more data).
Although the final decision, which exchange — BitQuick or Huobi Global — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Huobi Global vs BTCBIT
Let's compare the key features of these two platforms to see which one suits you best:
- BTCBIT is a broker Huobi Global is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
- BTCBIT had started the business May 2017 Huobi Global started the business August 2013 (Huobi Global operates 3 years and 9 months longer).
- BTCBIT has all the required business licenses and permissions Huobi Global has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides the digital currencies exchange, BTCBIT provides no extra services Huobi Global provides more exchange-related services: it just exchanges cryptos.
- BTCBIT allows registrations from 221 countries; United States is among the supported ones You may register at Huobi Global if you reside in one of 253 countries; unfortunately, United States is not among the supported ones (Huobi Global supports more countries worldwide).
- During the account verification BTCBIT usually asks for some (it depends) documents and/or procedures User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global 's compliance program requires the client to take more actions or to provide more data).
Although the final decision, which exchange — BTCBIT or Huobi Global — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Huobi Global vs PayBis
Let's compare the key features of these two platforms to see which one suits you best:
- PayBis is a broker Huobi Global is a trading platform, it has a different business model (feel free to read about the differences between broker and trading platform)
- PayBis had started the business April 2015 Huobi Global started the business August 2013 (Huobi Global operates 1 years and 8 months longer).
- PayBis is an ordinary company without licenses, etc. Huobi Global has all the required business licenses and permissions (Huobi Global utilizes a safer and more stable business model).
- Besides buying and selling cryptocurrencies, PayBis provides no extra services Huobi Global provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- 3 fiat currencies are available at PayBis Huobi Global doesn't allow to use any fiat currencies (Huobi Global supports 3 fiat currencies less).
- PayBis accepts deposits from and allows withdrawals to 7 fiat payment systems / banks Huobi Global doesn't support fiat payments in any form (Huobi Global supports 7 banks and fiat payment systems less).
- PayBis allows registrations from 241 countries; United States is among the supported ones You may register at Huobi Global if you reside in one of 253 countries; unfortunately, United States is not among the supported ones (Huobi Global supports more countries worldwide).
- During the account verification PayBis usually asks for 3 documents and/or procedures: (id verification, phone confirmation, address confirmation) User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global 's compliance program requires the client to take more actions or to provide more data).
Although the final decision, which exchange — PayBis or Huobi Global — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Huobi Global vs Coinbase
Let's compare the key features of these two platforms to see which one suits you best:
- Coinbase is a e-wallet Huobi Global is a trading platform, it has a different business model (feel free to read about the differences between e-wallet and trading platform)
- Coinbase had started the business June 2012 Huobi Global started the business August 2013 (Coinbase is working for 1 years and 1 months longer time).
- Coinbase has all the required business licenses and permissions Huobi Global has all the required business licenses and permissions (both exchange services operate using the same approach to the business, utilizing a same legal model).
- Besides buying and selling cryptocurrencies, Coinbase provides the following extra services: ATM Cards and the Merchant Services Huobi Global provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- 6 fiat currencies are available at Coinbase Huobi Global doesn't allow to use any fiat currencies (Huobi Global supports 6 fiat currencies less).
- Coinbase accepts deposits from and allows withdrawals to 4 fiat payment systems / banks Huobi Global doesn't support fiat payments in any form (Huobi Global supports 4 banks and fiat payment systems less).
- Coinbase allows registrations from 39 countries; United States is among the supported ones You may register at Huobi Global if you reside in one of 253 countries; unfortunately, United States is not among the supported ones (Huobi Global supports more countries worldwide).
- During the account verification Coinbase usually asks for 2 documents and/or procedures: (id verification, phone confirmation) and it takes a day or two in most of the cases User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global 's compliance program requires the client to take more actions or to provide more data).
Although the final decision, which exchange — Coinbase or Huobi Global — is better is up to you, we'll try to help you with the decision. Both exchanges are great, since at least one of them is not yet rated at our platform, we recommend you to look at the list above and decide, what is most important for you!
If you feel like need more comparison versus other exchanges, feel free to check these:
Conclusion: is Huobi Global legit or scam?
Now it's time to draw a conclusion, is Huobi Global a scam or is it a legit exchange? We hadn't yet collected enough testimonials to assign Huobi Global a rating, but according to our research it's a good exchange. We have found no evidence that this trading platform is a scam so it should be save to deal with. Let's summarize what we like most (and what we don't) about the Huobi Global:
- It is licensed, regulatory compliant financial company
- The trading platform holds users' funds
- This company has being in the business for a long time; exchange was started 6 years and 8 months ago
- Huobi Global accepts the clients from 253 countries; unfortunately, users from United States are not permitted to use the service