Huobi Global review & 1 testimonial for huobi.com (06.2021)
- 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 maybe not the most popular, yet respectable, rather an aged exchange service (trading platform) working with 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 actual customers,
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 pronto!
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 utilizes a business model 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, 77% 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 4 cryptocurrencies with smart contracts to buy in 2021.
Huobi Global fees
Sorry, but due to a technical error, the last request to get the fees data using the API was unsuccessful. We'll try to fix that soon!!
Buying and selling limits
Sorry, but due to some technical error, the last attempt to update the purchase and withdrawal limits numbers using the API had failed. Will try to fix it ASAP!
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.com 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 look at these:
Customer service
Verification at Huobi Global
The huobi.com 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 trading platform 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 huobi.com, 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
Our users left 1 testimonials about their experience dealing with Huobi Global, 100% of the testimonials are positive, 0% are neutral and there are 0 negative ones. Feel free to read as many of these as you like!
Solid platform. I use it all the time to exchange BTC <=> USDT but there are also many other coins available. Well known and trusted one for sure!
Overall result if great! 100% positive testimonials is something the business owners are very proud of, such a rating is hard to get and even harder to maintain! It means the community really trusts and likes the Huobi Global services, so most likely, you'd enjoy it too!
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.com to other similar exchange services with more or less the same 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 49 other cryptos, check the best rates to buy bitcoin and crypto in United States!
Huobi Global vs CEX
Let's compare the key features of these two platforms to see which one suits you best:
- CEX is a trading platform Huobi Global is a trading platform, both are using the same business model.
- CEX had started the business July 2014 Huobi Global started the business August 2013 (Huobi Global operates 11 months longer).
- cex.io 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, cex.io provides the following extra services: Lending, Margin Trading, Faucets (small amounts of cryptos for free) and the Staking, MasterNodes, etc. (passive income opportunity) Huobi Global provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- CEX allows registrations from 224 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 CEX usually asks for 3 documents and/or procedures (id verification, phone confirmation, selfie) 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 policies related to KYC, fraud prevention, etc. are rather user-friendly, many will find it appealing that there are exceptions and orders without verification in certain situations).
- Our users left 27 testimonials about CEX, 100% of which are positive We've collected 1 users testimonials about Huobi Global, 100% are positive (Huobi Global & CEX share the same percentage of positive user reviews).
Although the final decision, which exchange — CEX 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 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.com is working for 1 years and 1 months longer time).
- coinbase.com 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.com 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.
- Coinbase gives the gifts to the customers Huobi Global has neither gifts or cashback available (Huobi Global offers less bonuses for the clientele).
- 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 policies related to KYC, fraud prevention, etc. are rather user-friendly, many will find it appealing that there are exceptions and orders without verification in certain situations).
- Our users left 25 testimonials about Coinbase, 96% of which are positive We've collected 1 users testimonials about Huobi Global, 100% are positive (Huobi Global has better testimonials from the clients).
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 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 Binance
Let's compare the key features of these two platforms to see which one suits you best:
- Binance is a trading platform Huobi Global is a trading platform, both are using the same business model.
- Binance had started the business April 2017 Huobi Global started the business August 2013 (Huobi Global operates 3 years and 8 months longer).
- binance.com 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 crypto to crypto exchange, binance.com provides the following extra services: Mobile wallet, Lending and the Margin Trading Huobi Global provides us with less services, related to the crypto exchange: it just exchanges cryptos.
- Binance allows registrations from 255 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 less countries).
- During the account verification Binance usually asks for 1 document / procedure (selfie) User identification at Huobi Global usually consists of 1 procedure: id verification (Huobi Global policies related to KYC, fraud prevention, etc. are rather user-friendly, many will find it appealing that there are exceptions and orders without verification in certain situations).
- Our users left 17 testimonials about Binance, 94% of which are positive We've collected 1 users testimonials about Huobi Global, 100% are positive (Huobi Global has better testimonials from the clients).
Although the final decision, which exchange — Binance 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 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.co 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, BitQuick provides no extra services Huobi Global provides the same number of services as BitQuick: 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 & BitQuick require the client to pass through the — more or less — the same process during the verification).
- Our users left 5 testimonials about BitQuick, 80% of which are positive We've collected 1 users testimonials about Huobi Global, 100% are positive (Huobi Global has better testimonials from the clients).
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 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 TransCoin
Let's compare the key features of these two platforms to see which one suits you best:
- TransCoin 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)
- TransCoin had started the business May 2018 Huobi Global started the business August 2013 (Huobi Global operates 4 years and 9 months longer).
- transcoin.me 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, TransCoin provides no extra services Huobi Global provides more exchange-related services: it just exchanges cryptos.
- TransCoin allows registrations from 255 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 less countries).
- During the account verification TransCoin 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 forces a client to take more actions or to provide more data).
- Our users left 5 testimonials about TransCoin, 100% of which are positive We've collected 1 users testimonials about Huobi Global, 100% are positive (Huobi Global & TransCoin share the same percentage of positive user reviews).
Although the final decision, which exchange — TransCoin 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 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.com 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 should be 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 7 years and 10 months ago
- Huobi Global accepts the clients from 253 countries; unfortunately, users from United States are not permitted to use the service
- Clients' testimonials are perfect, 100% (1 out of 1) note their positive experience dealing with Huobi Global.