A HISTORY OF HUOBI submitted by
Huobi was founded in 2013 by their current CEO and chairman, Leon Li. Li’s background includes having attended Tshingua University, specializing in Automation. Before starting the Huobi Group, Li spent time as a computer engineer at Oracle. In December of 2013, Huobi was named as the largest digital asset exchange operating in China. 2017 saw Huobi extend their limbs into Korea, Singapore, and Japan.
Currently, Huobi has headquarters of various financial sectors based in: Singapore; South Korea; Japan; Australia; Indonesia; Russia; Argentina; Thailand; and China. The company has strived to give customers not only a great exchange, but a great resource for any service one may need. Despite the many difficulties faced with Chinese government in regards to cryptocurrency laws, Huobi has managed to adapt to the changes and thrive globally, eventually branching off into various sectors including venture capital, a cryptocurrency wallet project, and a division dedicated to working with mining pools.
HUOBI'S PLATFORM spot trading :
Huobi offers several different platforms to serve any customer’s needs. For starters, Huobi offers a standard spot trading platform that operates similarly to many other spot trading platforms in the industry. The platform features a multi-timeframe chart, a depth chart, and integration with TradingView (including their tools). Customers are able to view the order book and the asset trading history, as well as their own personal order history. Limit orders
, Market orders
, and Stop-Limit orders
are all available options for traders. margin trading :
For the trader that prefers to trade with a little more volume or risk, Huobi offers a Margin trading
platform. Customers can apply for loans through Huobi to trade a greater quantity of cryptocurrencies and profit from the price spread. The original loan must be paid back, and accounts can be liquidated if the risk ratio falls below 110% (calculated as: [(Loaned Amount + Tradable Balance) Total Asset] / [(Interest Payable + Loaned Amount)] x 100%.) Traders can margin trade with Bitcoin; Ethereum; XRP; Litecoin; Bitcoin Cash; and EOS. These assets can be traded with USDT or BTC. futures trading :
Huobi also offers a Futures trading platform. While margin trading can be risky, trading contracts is said to be very high-risk. With that being said, Huobi offers Weekly, Bi-Weekly, and Quarterly contracts in Bitcoin; Ethereum Classic; Ethereum; EOS; Litecoin; Bitcoin Cash; XRP; TRX; and Bitcoin SV. OTC(P2P)
- The OTC, or over-the-counter, section of Huobi offers potential buyers and sellers a way to move large quantities of coins without exposure to the fickle exchange market. Certified merchants can register here, and slippage can be minimized by matching buyers and sellers directly instead of creating market orders.
While you do have the online trading interface, Huobi does have computer programs and mobile apps that you can use.
I found that the PC programmes were more functional as they did not have to rely on the PC browser and were hence much faster. They also have better charting and you are in more control of your trading parameters. These programs are available on Windows and Mac devices.
However, if you are a trader that is always on the go, that is where the Huobi mobile apps come in. These were developed for the main exchange but you can switch to the derivative markets on the futures and swaps platform.
This was a pretty well designed application and you have one-touch ordering as well as some basic charting functionality. The app is available in iOS and Android and you can head on over to the respective app stores to get a sense of the feedback.
Huobi operates a hot and cold wallet storage procedure. This means that they keep the vast amount of their coin holdings in an offline environment away from hackers. They then have a smaller percentage in “hot” wallets with multisig capability.
They also operate a decentralized server structure around the world which can ensure uptime irrespective of whether one of the servers goes down. You can think of this as effective load balancing.
Finally, they have anti DDoS measures in place. We all know that crypto exchanges are prime targets for Denial of Service attacks and it can be quite frustrating when these are perpetrated in peak market times.
IS HUOBI TRUSTWORTHY?
Huobi, like many exchanges in the space, has had, at one time, some shady history, but for the most part, has managed to maintain a clean reputation. Historically, Chinese exchanges have shown to operate in accordance with different standards, with many exchanges having to suffer at the will and whim of the Chinese government. Some of the controversy Huobi has seen in the past has been a result of this (particularly with the Chinese ban on ICO tokens). It should be noted that in 2017, the exchange did
invest into “wealth-management products
” using idle customer funds. This sort of activity shouldn’t be taken lightly.
However, with that being said, the exchange continues to turn over a large amount of volume. For the most part, the exchange can be considered a trustworthy platform to trade popular and exotic cryptocurrencies. This does not mean it is entirely safe to store user funds on the exchange, as the exchange (or the user funds) can be susceptible to risk at any given moment. No matter how comfortable one may be with the internet, one should always remember that the internet is not as safe as many would like to believe. Huobi does have measures in place in the unfortunate event that an account is breached, and if verifiable, the customer may be able to retrieve lost funds.
A unique feature offered on Huobi is their Official Media Authenticator. This essentially lets users enter the URL of a content channel to see if the channel is authentic. A feature like this, while seemingly simple, could save anyone from potentially losing their funds due to a scam or phishing website.
HUOBI REVIEW VERDICT
Huobi Global offers a signficant host of features to its users and has maintained its credibility over a long period of time. This is largely one of the main reasons it a ranked as a top 4 exchange by liquidity as its users trust their funds there.
After establishing itself in Asia, Huobi is trying to branch out and take on other areas of the globe which is great news for Western traders. Additionally, the Huobi prime platform could provide some great opportunities for the exchange users moving forward.
Huobi Website: https://www.huobi.com/topic/invited/?invite_code=q7g23
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
Top crypto exchange Binance has launched its mining pool, however, the crypto community is concerned about the centralization of hashing power. Leadin “Inilah block Bitcoin perdana yang telah ditambang di Binance Mining Pool. Masih versi beta tertutup. Segera akan diluncurkan versi penuh. Biaya pool terendah daripada yang mining pool yang lain,” katanya melalui Twitter beberapa jam yang lalu, masih enggan memberitahu biaya pool.. The first block ever mined by the @Binance Mining Pool. Still in closed-beta. Mining pool memungkinkan para penambang berkolaborasi dalam blockchain PoW, seperti Bitcoin, Monero, dll, untuk meningkatkan kesempatan menemukan blok. Binance Officially Launches Bitcoin Mining Pool. This post was originally shared on this site. Shared by CryptocoinStart The mining pool will support both PoW and PoS consensus mechanisms for mining. Facebook; Twitter; Google+; Pinterest; LinkedIn; Share this: Click to share on Twitter (Opens in new window) Click to share on Facebook (Opens in new window) Related. Tweet; What you can read next ... The Bitcoin.com mining pool has the lowest share reject rate (0.15%) we've ever seen. Other pools have over 0.30% rejected shares. Furthermore, the Bitcoin.com pool has a super responsive and reliable support team. Alexander Levin CEO of Asicseer.com. Mining.bitcoin.com has the highest payouts across the industry. Reliable and honest service. Libo Zhao CEO of YouDu. Cloud mining. Mine ... Binance mencoba mengikuti jejak rekan-rekan pendahulunya, OKex dan Houbi yang telah lebih dulu meluncurkan mining pool mereka masing-masing pada bulan Agustus dan September 2019. Kedua exchange pool ini berada pada 10 besar pool yang memproduksi blok terbanyak dalam Blockchain Bitcoin, menurut Blockchain.com. Nachdem sie verschiedene Arten von Hardware (CPUs, GPUs, FPGAs) ausprobiert hatten, entschieden sich die Bitcoin-Miner für ASICs – Application-Specific Integrated Circuits. Mit diesen Mining-Geräten ist es jedoch nicht möglich, Binance Academy zu benutzen oder Katzenbilder auf Twitter zu posten. Untuk kumpulan penambangan Bitcoin pertama Binance, layanan ini akan menggunakan apa yang dikenal sebagai metode pembayaran Full Pay-Per-Share (FPPS). Baca Juga: Cara Membeli Bitcoin Di Indonesia Dan Luar Negeri. Baca Juga: 15 Tips Trading Forex Indonesia Untuk Pemula 2020. Ini berarti bahwa jika seorang penambang yang berpartisipasi menemukan blok, pool tidak hanya akan membagikan hadiah blok ... Binance recently announced it is launching its own Bitcoin mining pool. For now only that cryptocurrency is covered but Binance appears to have plans to include others. The mining pool is named Binance Pool. It will be incorporated with Binance’s ecosystem and according to the exchange’s plans there will be spot exchanges, derivative ... Binance, one of the world’s top crypto-asset exchanges, has announced that it will further expand its offerings in the crypto finance industry. They will do so through the launch of a new mining pool service. Hiring Professional Help. The news came out on Wednesday by none other than Binance’s CEO and founder, Changpeng Zhao.
As a company I love BINANCE, how they have been performing no matter what type of market they are in, bull market, bear market, sideways, you name it and their token BNB and Exchanges has been ... Binance Pool has received mixed responses from the crypto community, with some commentators expressing concerns that Binance's pool will result in a further centralization of Bitcoin ( BTC ) hash ... This is an educational video on bitcoin mining of binance pool and not a financial advice. #Binance #BinancePool #Binance pool If you want to sign up to Bina... Sepertinya Saat Ini Ada Banyak Orang yang mulai belajar trading, Khususnya trading Bitcoin. Pesan Saya Buat Kalian Para pemula, ada beberapa hal yang harus k... 🔥 Get the Ledger Nano X to Safely store your Crypto - https://www.ledgerwallet.com/r/acd6 🔥 Become a Channel Member - https://www.youtube.com/channel/UCjpkws... The Truth Revealed, Binance Mining Pool, Digitization Benefits & Bitcoin Trade Volume New High The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... This is an educational video on Bitcoin mining of Binance Pool, I hope you'll enjoy it . If this video has helped answer some of your questions about binance... Binance Pool. [ Showing personal account ]. Showing the Pool section in the Binance crypto exchange. [ Showing personal account ]. Showing the Pool section in the Binance crypto exchange. Cardano Shelley Genesis Block arrives! Binance starts Mining Pool. 68k Bitcoin on the move - Duration: 8:07. Crypto Daily Update 663 views. 8:07. BITCOIN ON BILLIONS - Ripple XRP New Job Role ...