huobi global review

Established in 2013, Huobi Global is a world-leading exchange and financial services provider for digital assets. Headquartered in Singapore and with offices in the United States, Japan, Korea, Hong Kong, and London their user base extends to over 130 countries and currently manages 1 billion USD in assets.

Sheltered under the umbrella of Huobi Group, Huobi Global is also devoted to exploring investment opportunities and provides trade and investment services to over 100 digital assets. Huobi has raised capital from investors including Dai Zhikang, Sequoia Capital, and Zhen Fund. In December 2017, the exchange surpassed USD 850,000 million in total transaction volume.

Strengths / Opportunities

The embodiment of a premier global exchange: The team of Huobi Global tirelessly strives to empower millions of its users across over 130 countries and currently trades over $1 billion in assets. The exchange provides a 24/7/365 customer support line and is designed for accredited, knowledgable crypto-investors.

As mentioned previously, Huobi Global also provides local trading service centers throughout the world. Further elaborating on these advantages Huobi Global also provides localized cryptocurrency asset evaluations and trading services, experienced business development and management team, and multiple OTC trading services for Fiat to Cryptocurrency transactions.

Sophisticated Security System that ensures stability and safety for digital assets: The team of Huobi Global values the security of assets and user accounts. Because of this, they’ve integrated top security and risk control from Goldman Sachs. The collective team also maintains five years of experience in cryptocurrency asset management.

Huobi Global also provides a combination of independent, neutral, and professional evaluation methodologies for digital assets and uses a decentralized structure and anti-DDOS protection system. More than 98% of Huobi Global’s digital assets are stored in multi-signature, cold wallets. Security protocols are also fully aligned and compliant with industry best practices. With 4 years of safe, stable infrastructure operations, Huobi Global puts its clients and customer experience first.

Also Read- KuCoin Review 2021: Is it Safe & Legit?

huobi global

Huobi Global’s SMART-Chain Evaluation Model: Huobi Global’s SMART-Chain evaluation provides a secure and streamlined analysis for the entire blockchain asset ecosystem. This model also ensures strategic insights based on research, trends, and up to over fifty unique indicators to properly evaluate investment potential and risks associated.

The company defines this resource as their “one-stop source for in-depth, comprehensive information on over 190 cryptocurrencies.”

Weaknesses/ Threats

Awareness in overseas markets: Compared to competitive exchanges such as Binance, HitBTC, and Bitfinex – Huobi Global is still developing its overseas marketing and presence outside of China. Although with offices in London, the United States, Australia, Japan, Korea, and Hong Kong – Huobi Global is rapidly positioning itself for market dominance.

Considering their support and investment from globally revered Chinese funds, a majority of content is still predicated to serve Chinese traders and technologists, however, this is also rapidly changing with their global expansion.

Team, Advisors, Partners, and Investors

Leon Li 李林: CEO and Founder of Huobi: Leon Li (Chinese 李林) is the founder and CEO of Huobi Global. He graduated from China’s prestigious Tsinghua University and started his career at Oracle before becoming venturing out as an entrepreneur in 2009.

Dai Zhikang: Dai is one of the most sophisticated business operators in China. The 47-year-old property entrepreneur, developer, and investor maintain a net worth of $1.2bn.

Sequoia Capital: Sequoia Capital is an American venture capital firm. Located in Menlo Park, California, the firm mainly focuses on the technology industry. It has backed companies that now control $1.4 trillion of the combined stock market value.

Zhen Fund: ZhenFund (Chinese: 真格基金) is a seed-stage focused venture fund founded in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. Bob and Victor previously co-founded New Oriental (NYSE: EDU), one of the world’s largest education conglomerates. In 2016, Bob was honored on the Midas List as one of the top 100 tech investors. ZhenFund currently dominates China’s early-stage venture capital scene and is rapidly expanding its U.S. practice based in Palo Alto, CA.

HUOBI US STRATEGIC PARTNER (HBUS): On 21 March 2018 HBUS registered with the U.S. government Financial Crimes Enforcement Network as a money services business. Located in San Francisco, HBUS will serve as a partner to help Huobi’s expansion into the U.S market.

Huobi Global Exchange Trading Fee

The trading fee is the most important part that every trader and investor lookout before creating an account on the exchange. So here we want to tell you that in this exchange you will get a relief of high fees on your trading. When compared to other platforms and exchanges, which often charge between 1% and 3%, this fee is quite low.

Huobi Global Exchange active clients

Now moving to the number of active clients of this exchange then we want to tell you several details about this point. As per information, the exchange has a huge number of active clients that they have earned over a period of time. The number of active clients shows how much exchange has the potential to grow in the future also. Huobi offers over 230 different cryptocurrencies, which is an impressive amount when compared with what other exchanges and trading platforms are offering.

Many more active clients encourage the profit of exchange which will directly e impact the features and technological upgrade in the exchange. So you will see e a great message search in the active clients in the upcoming years also.

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