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About the exchange
Cryptocurrency exchange Huobi has partnered with payment processor Volet to launch ruble deposits, ruble withdrawals, and ruble purchases of cryptocurrencies. In addition, in honor of this event, the exchange is giving away $20,000 in HUSD tokens.
The maximum deposit and withdrawal amounts are limited to 100,000 rubles ($1,350) and 50,000 rubles ($670), respectively. In order to deposit or withdraw RUB on Huobi, users will need to complete an identity verification process.
The Huobi cryptocurrency exchange was founded in Beijing and for almost 5 years of its existence has firmly established itself in the world TOP sites. Especially after the acquisition of the powerful international platform BitYes, which opened up maximum access for investors from Western countries.
The system uses the SMART-Chain asset valuation model and offers a range of services, maximum user support, including real offices in a number of major Asian countries.
Huobi trading terminal has good functionality: customers can build a variety of charts, select time periods, use a rich set of options to customize charts.
Huobi registration
By visiting the official website of the exchange , in the upper right corner you will see the “Register” button, you will proceed to fill out a simple questionnaire. If, however, this is not the first time you enter the Huobi trading account and have a login and password to enter, then you need to click on the “Login” button.
Carefully enter country data. Once registered, they cannot be changed. If the information entered during registration does not match the information in the passport, verification is not possible.
The Huobi Global exchange offers users to link their account with an email or phone of their choice. For this, there are two tabs at the top of the registration window. If you choose to register via email. After you fill in all the fields, fill in the “Confirmation code from E-mail” field.
To receive this code, you must click on the “Submit” button. After that, within 2 minutes, a letter with a 6-digit code will come to your mail – write these numbers in the appropriate field.
Verification
In order to increase the withdrawal limit, you need to go through data verification, which is carried out in the following sequence:
- By clicking on “Your mail”, select “Verification” in the menu.
- In the menu that opens, enter your passport data.
- Attach a scan of the pages of your passport or driver’s license, where this information is indicated.
After passing the verification, the verification is considered complete. For those who are not going to withdraw hundreds of bitcoins, verification is optional.
Safety
The “Account & Security” section provides additional measures to prevent your account from being hacked and ensure the security of transactions. Here you can change the login password. If desired, two-factor authentication allows you to link your account to a phone number and Google Authenticator. The login history allows you to track it by IP address.
Trading commissions
The commission on this resource is not fixed. Its size will depend on several factors. First of all, this is the type of currency and its volume used in the operation.
For the user who places the order, when working with dollars, the commission will be 0.1%. For the trader that the order takes, the amount of the commission will depend on how much money was involved in his operations over the past 30 days:
Up to 50 Bitcoin – 0.2%.
From 50 Bitcoin – 0.18%.
From 200 Bitcoin – 0.16%.
From 600 Bitcoin – 0.14%.
From 1500 Bitcoin – 0.12%.
From 5000 Bitcoin – 0.1%.
From 10000 Bitcoin – 0.08%.
Huobi exchange review
It is attractive to small and large investors. First of all, I would like to note the strengths of the Huobi cryptocurrency exchange – this is the interface, the number of trading pairs and beautiful graphics. Low commission for trading and withdrawal, availability of discounts. Ability to trade using borrowed funds.
We can say that Huobi is a decent exchange and it is not in vain that it takes 2nd place in terms of average daily trading volume.
Best Huobi Alternatives
For newcomers to the crypto market and investors, there are several alternative exchanges.
