Huobi is a cryptocurrency exchange founded by Leon Li in 2013. The exchange is headquartered in Singapore with offices in Hong Kong, Korea, Japan, and the United States. Huobi originally serviced traders solely from China but now serves millions of traders from over 130 countries around the world through Huobi Global. However, Huobi still primarily serves traders in the Asian markets. 

The Huobi Global exchange supports trading for over 100 cryptocurrencies across 5 different markets including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Huobi Token (HT), and Huobi’s stablecoin (HUSD). Huobi’s trading platform is ideal for both beginner and professional retail traders. Traders benefit from a simple yet advanced trading interface that supports an array of analytical tools, multiple chart types, time frames, and indicators. Traders can place simple market orders or advanced order types such as limit orders and stop-limit orders. They can also participate in margin trading with up to 5X leverage for spot trading. 

In addition to supporting retail traders, the exchange also supports the needs of institutional clients by offering high security, competitive fees and a dedicated team of professionals that address institutional client needs. 

As for Huobi’s security, the exchange holds a security reserve fund with 20,000 Bitcoin (BTC) and stores the majority of user funds in dedicated multi-signature cold wallets with 24/7 security. Additionally users benefit from two-factor Authentication (2FA) security measures including Google 2FA and through SMS and email. 

Trading fees at Huobi Global are very reasonable with a 0.20% trading fee for both makers and takers and reduced rates for professional traders who benefit from monthly trading volume discounts. Additionally, traders who hold 100,000 HT can enjoy a 35% discount on trading fees.