Huobi was founded in China by Leon Li in 2013. This bitcoin exchange has its headquarters located in Singapore. Huobi’s other offices are located in Korea, Hong Kong, Japan, and the United States. It became a public listed company in August 2018. Huobi makes the buying and selling of Bitcoin, Ethereum, and Litcoin very easy for its users. The exchange has never been hacked even though it poses to be an attractive target for attackers. As of December 2013, Huobi was the largest digital asset trading platform with a thirty billion Yuan.
Huobi is a legit cryptocurrency exchange, and it is a great way to trade altcoins. The maker and the taker fee involved when using Huobi is 0% and 0.2%, respectively. This exchange has been further modified into different versions, which includes the commonly used Huobi Pro and the traditional Huobi OTC. The Huobi Pro allows for more advanced trading abilities. It gives its customers 24/7 services while the traditional Huobi OTC, on the other hand, permits the fee-free trading of cryptocurrencies with fiat currencies. The exchange was in partnership with Tsinghua University in a digital asset research initiative that took place at the Internet Finance Laboratory of Wudaokou Tsinghua School of Finance.
For decades now, Huobi has maintained its good reputation in the industry. The exchange is known to have high-security measures put in place to safeguard transactions and funds. Its exceptional customer support, asset listing, and tremendously low trading fees have made Huobi to be a great option for many crypto traders.
