Spotlight On Huobi; The Features I like Most On The Huobi Exchange

in #ilovehuobi4 years ago

Hello everyone. So good to have you around again today.

PhotoGrid_1608120872428.jpg

The Huobi exchange as one of the largest is characterized by many features that make the exchange stand out from the rest. So today, I will be delineating those ones that make up the list of my most-liked features on the Huobi exchange. Please join me!

Large Variety Of Trading Pairs

With the Huobi exchange, there is nothing to worry about with regards to trading pairs because there is an impressive array of trading pairs that you probably wouldn't be familiar with all of it. That means, you almost never have to see the same digital asset twice if you do not want to. There is a big emphasis on projects in the exchange, hence, many up-and-coming coins usually land there. This is one of the features I like most in the Huobi exchange.

Availability of Fiat Payment Option

Another feature I like most is the Fiat deposit/payment option. Making transactions with local currency is less stressful compared to other exchanges that so not have this option available. This is also beginner friendly as newbies who do not have an existing cryptocurrency can simply carry-on with their transaction and pay with Fiat

On-the-spot Customer Service

It is sometimes unbelievable how fast Huobi respond to customers challenges and complaints compared to other exchanges. If Huobi is being contacted regarding account issues, one can get a response within an hour and this places Huobi above every other exchanges. This also is enough reason why I like the exchange because it gives the confidence that, even if I encounter any issue, it would be cleared once I contact them.

User Protection Fund

Huobi's Indemnification fund is something anybody would be excited about. With Huobi, there is an insurance cover in the form of User protection fund provided for all users against hacks, theft or any unforeseen circumstances that may affect users' wallets. Having it at the back of your mind that you're covered in case of any negative event beyond your control is enough assurance that can boost your confidence and enable you to trade with less worries.

This is yet another great feature I like most in the exchange.

Margin Trading

Another feature of the Huobi exchange that I appreciate is trading on margin. This simply means trading with borrowed assets. If I am certain about the anticipation of a rise in price of an asset and I wish to 'Buy long', Huobi gets me covered. I can simply buy with borrowed USDT (for instance) if I am short of funds, and then when I sell the asset later, I repay the loan.

Institutional Trading Accounts

The attention of Institutional Traders on the exchange has created an avenue for a separate trading desk for institutions and firms on the Huobi exchange. And there is also the availability of both OTC and Dark pool trading for them. This is somewhat incredible and it has added to the list of the features I like most on the exchange.

Derivatives Trading

There are derivative products for Futures and Swap on the exchange makes it stand among other major exchanges and this is also a good one for the exchange.

Screenshot_20201216-125928~2.png
Image

There are a lot other amazing features on the exchange that that people do love and some other features are still being added on a regular. Huobi is simply amazing.

Thank you so much for your time and support. I really appreciate!

Sort:  

Thank you for taking part in the Spotlight on Huobi Challenge.

Keep following @steemitblog for the latest updates.

The Steemit Team

Thank you so much