Been trading on Huobi since 2017/18,
so i guess i will make a user review here.
Before i actually trade on Huobi,
i did study about their background and so on.
there are a few things i realized:
1 .
They are one of the top exchange in China.
Before China actually put a cease to bitcoin trading in China, 3 major exchanges trading in China are BTCC, OKC, and Huobi,after the ceased of trading in China, Huobi started to establish their exchange setup again oversea rapidly (Well actually is before the incident).
This is where i see Huobi actually have the determination to push themselves to be one of the best in market.
Thus Huobi actually leaves me a very good impression (despite i am actively trading in Binance at that moment)
2 .
Huobi Cryptocurrency Education
When we were still newbie, we hope that there a certain credible channel for us to learn to trade, or to understand more about cryptocurrency/blockchains, so we would actually understand what are we investing/trading. Since then i found out Huobi did a 'Blockchain 101' series during early days, in Sina.
Chinese version - https://tech.sina.com.cn/zt_d/blockchain_100/
English version - https://www.youtube.com/channel/UCABkgL5rRAk61E2Qtjtqcxw
This is where i actually pick up my knowledge in cryptocurrency/blockchain, furthermore to understand what kind of 'companies' that i put my money in!
Although there are many education materials available on the market, but Huobi's definitely best among all if you are still a newbie and wish to pick up cryptocurrency/blockchain knowledge at a better pace.
Trading Part
There are a few factors that I look into if i am to trade in a particular exchange,which includes :
-Trading Fee,
-Deposit/withdrawal and
-Insurance Fund
The trading fee of Huobi is at 0.2% for new user, which is quite good. Raise your VIP level to get more rebate and other benifits.
The deposit and Withdrawal in Huobi is working very well, unless it is blockchain issue, or else funds are easily deposit/withdraw.
Furthermore, in case of hacking or any unintended incident happens (which might caused loss of fortune to users), Huobi actually set aside 20,000 BTC reserved to reimbursed the user, which is a very important fund where most of the minor exchanges does not have this.
Would like to continue the review but let's just stop here first.
If you have any question regarding Huobi, do drop me a message.
Peace! :D
