Huobi Cryptocurrency Exchange Review – How To Register And Verify Account?
Overview Huobi Exchange And Huobi Token
What Is Huobi Exchange?
Huobi is a cryptocurrency exchanges of Huobi Group. Since its establishment in 2013, Huobi Group has been financed by ZhenFund and Sequoia Capital. Its accumulative turnover has exceeded 1.2 trillion USD and once became the world’s largest digital asset exchange with a global share of 50%. Currently, Huobi Group has invested in more than sixty upstream and downstream enterprises. It has established compliance service teams in Singapore, Japan, South Korea, United Kingdom, Australia, Canada, Brazil and Hong Kong to deliver its secure and credible digital asset trading and asset management services to millions of users in over 130 countries.
Partners Of Huobi Group
What Is Huobi Token (HT)?
HT is short for Huobi Token. HT is a decentralized digital asset based on Ethereum, with a limited total supply of 500 Million, issued by Huobi Group. Huobi Group developed HT based on the token system issued and managed through blockchain and it can be used inside Huobi as well as the multiple scenarios of Huobi ecosystem.
HT is used in all types of applications in the global business and ecosystem of Huobi Group and has become an important hub of the ecosystem
HT holders shall enjoy the corresponding benefits of the whole ecosystem of Huobi and get ecological sub-token rewards, as well as the valuable promotion brought by sustained repurchase and destruction
100 Million HT Used for user rewards and platform operation.
100 Million HT Reserved as team incentives and subject to a 4-year vesting schedule. 25 Million is unlocked each year.
300 Million HT Given away for free as a benefit for the purchase of “point cards”. The giveaway is completed now.
Features And Benefits Of HT
Strengths Of Huobi Exchange
A World Class Security System:
Secure and reliable digital asset financial services
Five years of experience in digital asset financial services
Decentralized structure and anti-DDOS protection system
Local Operation Teams Across the Globe:
Global Ecological Layout
Local trading service centers in many countries around the world
Blockchain ecosystem featuring integration of multiple business forms
Remodeling the Crypto Exchange:
Develop compensation first system
Develop Investor Protection Fund
Products Of Huobi Exchange
Huobi Exchange Trading
At the heart of Huobi are central limit order books for a wide array of high-quality cryptocurrencies. Users can deposit, trade and withdraw Bitcoin, Ethereum and other cryptocurrencies and benefit from an advanced trading interface.
Huobi provides users with a large selection of digital assets & order types to help customers optimize their trading strategy.
Huobi Margin Trading
Margin Trading refers to the practice of using borrowed funds from a broker to trade a digital asset, which forms the collateral for the loan from the broker. Such use of leverage can magnify gains.
From this, we can see that the first step of Margin Trading is to loan funds. With loans, you can trade. You can choose to long or short a certain coin. Finally, you need to repay the interest. Margin trading on Huobi requires collateral in order to support up to 5x leverage initially. When users transfer their BTC, ETH, USDT, XRP, etc assets to their “Margin Account”, all account balances can be used as collateral.
Huobi DM is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. BTC/ETH/EOS Contracts are available on Huobi DM. The face value of a BTC contract is $100 and that of ETH and EOS is $10. There are weekly, bi-weekly and quarterly contracts. The choices of leverage are 1x, 5x, 10x and 20x. DM offers 7*24 trading services and the delivery time is 16:00 (GMT+8) every Friday.
How To Register And Verify Account (KYC Verification) On Huobi?
How To Register Account?
– Step 1: Visit this website and click on ‘Sign Up Now’: https://www.huobi.co
– Step 2: Fill in the fields as below
+ Register for a Huobi account using your mobile phone or email address
+ Please choose Nationality correctly as it cannot be revised after registration
+ Password must be 8-20 characters with at least 1 letter. It cannot be only numbers. Example of a valid password: h8b21xs5ea
– Step 3: Login to Your E-mail or check mobile phone to get the register code
– Step 4: Input Your register code and click ‘Confirm’
Congratulations, you have completed your email or mobile phone registration. Now you can login to your account!
How To Verify Account (KYC Verification)?
KYC verification is not compulsory, which means if You chooses not to complete KYC, You can continue to trade on the platform. I do however strongly suggest You complete the KYC verification. In cases where You forgets credentials to access the platform or when Your account is taken over by others because of the leakage of personal information from the You side, the verified KYC information will help You recover Your account quickly.
Users who complete KYC certification will also be participate in the Token sale (IEO) provided by the Huobi Exchange
Besides, completed the KYC verification You enjoy a higher daily withdrawal limit.
+ Non-verified Account: Withdraw 2 BTC per 24hr
+ Verified Individual Account: Withdraw 100 BTC per 24hr
– Step 1: Login to Your account and click on the Account tab. Under your “Profile” icon, Click on “Verification” in the drop-down menu as below
– Step 2: Fill in your details in all the fields provided
Kindly follow the below requirements strictly to prevent a delay in your verification process.
+ ID can be passport, ID, Driver licence
+ Name and country must be exactly as shown in your passport. Please include your middle name (if any), in either of the name fields
+ Points to take note for the Photo ID upload:
+ Formats supported include JPG or PNG format
+ Please don’t upload scan or copy version
+ The document must be smaller than 5MB
+ Information in the passport/identity photo, especially the passport/identity number and the name, must be clearly visible without any modification or obstruction.
Your verification will be processed within 24 hours once all documents have been correctly submitted. If your account has not been verified after 3 days, kindly submit a help request at https://huobiglobal.zendesk.com/hc/en-us/requests/new or email firstname.lastname@example.org
Once approved, the page will show as below
For More Information At
– Telegram: https://t.me/huobiglobalofficial
– Twitter: https://twitter.com/HuobiGlobal
– Facebook: https://www.facebook.com/huobiglobalofficial
– Medium: https://medium.com/@huobiglobal
Huobi Cryptocurrency Exchange Review – How To Register And Verify Account? – Cryptokiemtien.com
Safe Trading And Good Luck,