How To Start A Cryptocurrency Trading Exchange Like Huobi?

Bitdeal — the trustworthy Cryptocurrency Exchange Clone Script Provider, helps you to build Cryptocurrency Exchange like Huobi. Our experts develop and deploy the best Crypto Exchange Clone Script with high-end features and plug-ins to make your exchange stand unique.

Huobi Clone Script

Huobi clone script is a cryptocurrency exchange script which comprises of all existing trading features, functionalities and plugins like Huobi. Our Huobi clone scripts will ensure that you enter into your target market with a set of most essential features easily.

What is Huobi?

Huobi — A Singapore based Cryptocurrency Exchange since 2013.

It is initially founded in China by Leon Li. Later in 2017, that has shifted its headquarter to Singapore followed by a Government ban on cryptocurrency exchanges in China. The Huobi name also implies “Hot Currency” in Chinese.

Huobi experienced a rapid expansion phase and has its services in Hong Kong, Korea, Japan, Russia, and the United States. It also aims to get a partnership with each country that moves into especially the Middle East, Brazil, Vietnam, UK and European markets.

However, in may 2018, Huobi has warned the U.S. visitors to its site, that they cannot allow US Registration due to U.S. regulatory laws. Instead, it stated that they looking forward to opening service for U.S. citizens in the future, located in San Francisco, California, location.

Is Huobi Safe to Trade?

Secured Features

As a leading global digital financial Service Provider, having operated in the space since 2013. It is completely safe to put all your assets at Huobi. They have been serving millions of wide users and managing billions of dollars, in addition to that 98% of digital currencies are stored in the multi-signed cold purse.

Recently, it has made few branding adjustments, with that it is offering a platform to trade cryptocurrency and also providing wide support for many altcoins, stablecoins, along with its own invention — HUSD, a USD-backed stablecoin.

Verification Process

Huobi has never been hacked, as it has highly safeguarded their user’s account with 2-factor authentication that is available using both

• SMS and
• Authenticator apps.

This Platform won’t require any confirmation when logging into an account from an unfamiliar location and IP address.

Fee Rate of Huobi Exchange

This Exchange has become one of the largest Cryptocurrency Trading Service Provider looking to provide users and investors a professional, secure, and trustworthy trading platform

Previously, the transaction fee to

• Market Makers- 0.025%
• Market takers- 0.015%

But, Recently the transaction fee was about 0.2% for both makers and takers no matter what volume they were.

Highlights of Huobi Exchange

1. Hacking is impossible at the Huobi exchange as it provides high security to the user.

2. It offers margin trading which can be accessed over 130 countries and also holding over $1 billion in various assets.

3. The Crew has scaled from more than 300 people at the beginning and in the second half, it had exceeded to more than 1300 people.

4. The business expanded from exchange to all facets of the blockchain business- including wallet, mining pool, investment arm, research institute, Huobi chat, Huobi news, Huobi public chain, and other industries.

5. Like Binance’s BNB and Kucoin’s KCS, Huobi has its own exchange token named Huobi Token to boost customer engagement.

6. The Significant Benefits of Huobi Token is the provision of voting rights on exchange decisions.

7. This Token can be traded on various exchanges like Huobi Global, HADAX and Bibox.

8. Huobi Global- a trading exchange that could be done between various cryptocurrencies.

9. HADAX — Huobi Autonomous Digital Asset Exchange that shares the same as Huobi Global, it enables users and development team on HADAX exchange to vote on a future listing of digital assets.

10. Huobi OTC — acts as an exchange bridge between fiat and cryptocurrency.

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