Huobi Global is a world-leading cryptocurrency financial services group. In 2013, the founding team foresaw the great potential of the blockchain industry to revolutionize the future of the global financial system. Very quickly, they founded Huobi.com with a mission to both make the financial industry more efficient, and to make wealth more accessible to everyone. The Huobi team is dedicated to providing safe, professional, trustworthy, and world class services to its global clients in an effort to create a client first culture. Huobi Global has planted offices in Singapore, the United States, Japan, Korea, Hong Kong, and is prevalent in over 130 countries across the globe.
The user interface looks simple and easy to use. The website is mostly in Chinese but some of it is translated in part to English.
Huobi has invested a lot in security and even passed many third-party tests. They offer two-factor authentication, SMS and email notifications and PGP encryption for emails. Over 98 percent of the customer assets are stored in the multi-sig cold wallet, which outputs are limited to Huobi’s hot wallet. The wallets are monitored 24/7 so that the staff could reach immediately in case of a breach.
Most potential users are usually concerned about the security of the exchange platform. The platform has taken time to invest in security and has been approved by numerous third-party. The least rating the Huobi exchange platform has received from third-parties is a 2.8-star rating; this is slightly above average. Other third-party communities have as well given it a 4-star rating which shouldn’t be such a surprise. Behind the mixed review of the platform is a hacking which once took place but fortunately enough, no funds were reported missing. However, some users are dissatisfied with how the platform is handling business. Some reports indicate that Huobi deducted money from user’s accounts to cover their employee’s errors. Other users have criticized the platform for breaking Chinese laws.
This Chinese digital exchange platform is, for sure, a great crypto-exchange platform that all users should consider especially those geographically located in Asia. It is, without doubt, a platform with an incredible set of features and tools that a user especially Asian traders cannot overlook. The main disadvantage is its limit to traders outside China and much content on their website being in Chinese. With the move to introduce decentralized platforms to other areas of the globe, it is soon going to be possible to access Huobi services from anywhere in the world.
|Rank||Site||Margin trading||Fiat||Safety||API||Referral||Location||Languages||Buy with||User Vote||Score|
|1||A||San Francisco, USA||EN||bank transfer, card|
|3||A||No||Hong Kong||EN||EUR, USD|
|4||No||A||Europe||EN, CZ, SK||USD, EUR|
|5||A||No||San Francisco, California, United States||EN||USD, EUR, JPY, CAD|