Overblowing Review Of Huobi Exchange| You Wouldn't Miss It's Interesting Features

in Steem4Nigeria2 years ago (edited)

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Hello friends,

I am so happy to be in this great community today and I believe we are all doing great and are actively making meaningful comments on one another's post.

Today, we will be exploring a very important exchange in the cryptospace.

Many of us are familiar with the exchange known as binance and this is because binance is the most frequently used exchange.

Infact, some newbies don't know that other exchanges exist and today, I will be taking us on an adventure, we shall be exploring a new exchange known as huobi pro.

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Huobi pro is another very useful exchange in the cryptospace, it possesses a lot of features just like binance but binance is taking the lead.

For the sake of the newbies amongst us, I will be moving gently as we go deep in our exploration of huobi pro exchange.

Let's us begin with it's main charateristics which will be divided into two section.

SECTION ONE

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As shown above, the first section of our discussion is made up of 10 categories, each of which will be properly analyzed.

  • DEPOSIT:

As the name implies, this icon immediately takes you to a page where you can easily deposit funds into the exchange.

Your deposit can come in form of fiat currency or in form of tokens.

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As shown above, you can either deposit in tokens or fiat currency.

To deposit in token, you search for the token of your choice but most times I recommend USDT.

And to deposit using Fiat currency, all you have to do is to search for the currency of your nation and then make deposit using it.



  • TRADING BOT:

Trading bot is another very useful characteristics of huobi pro.

This icon assist one in trading, mainly by making use of a bot.

In this category, you can either create/plan your trading strategy or you clone the strategy of others.

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As shown above, there is an opportunity to create your own strategy if you don't want to clone the successful strategy of others



  • FUTURES:

Futures is another Important section of huobi pro, this section was developed for crypto traders.

The users of futures trading deals most time with the technical analysis of the market.

This region has two categories, the long and the short.

The 'long" trade is usually taken by traders when they believe that the market is about to buy while the "short" trade is taken by traders when their analysis tells them that the market is about to sell.

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As shown above, the first page allows us to either place a "long" or a "short" order in the market.

And the next page provides opportunity for us to close such trade incase it is going against us.



  • HUOBI NFT:

This icon helps to direct us to huobi nft marketplace.
The huobi nft marketplace is a place where we can sell and buy any listed nft of our choice.

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This feature is also available bin other exchanges and as shown above, I visited huobi pro nft marketplace and I clicked on the nft I wish to buy.

Once the funds is available, I can then click on buy and the nft becomes mine.



  • HUOBI EARN:

This is another beautiful initiative of huobi pro where investors can earn while asleep.

With this feature you can earn by staking your funds in form of a cryptocurrency, you can also earn from Auto invest or through fixed investment.

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As shown above, to earn from the fixed investment usually take a different duration depending on its apy percentage.



  • HUOBI COMMUNITY:

The huobi community is another Interesting feature of this exchange.

This section helps to bring users together into one community and also give them the opportunity to relate and interact with one another just as shown below.

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  • NEW LISTING:

Just as the name implies, clicking on this icon helps to take us to a page where we will be shown the list of coins that are about to be listed on huobi exchange.

We can also be shown some legit tokens and their airdrop which we can either decide to join them or not.
This is illustrated more below.

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  • REWARDS HUB:

This icon is another very important icon on huobi pro, it takes a user to a page where they are shown how they can earn the total of 3278USDT by performing tasks.

For example there is a reward of 1USDT for sign up and a reward of 5USDT for making your first deposit into the exchange.

This helps to attract more users into the platform.
Shown below are the reward hub for huobi pro and the rewards attached to each task.

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  • HUOBI REFERRAL:

As a platform that needs more users, it has to give a reward to anyone that promotes the platform to others.

Huobi has made available a bonus for both the referral and referee on the platform.

The one being referred will be given a discount of 10% on his transactions fees and the inviter will be rewarded with 30% of the invitee's trading transaction cost.

This can be confirmed below

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  • COPY TRADING:

This is another feature of huobi pro exchange where by you can copy from the Trading of others.

You can also be a trader and earn from the profit of your followers, it is a win win situation for all.




SECTION 2

Having fully explored section 1 of the huobi exchange, please follow along as we begin the exploration of key items in section 2

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  • OPTIONS:

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This is a nice feature on huobi pro and it consist of two segments.

This feature consist of the call segment and the put segment.
The call segment is usually used to purchase a particular token at a particular price in a particular period of time while the put section is the opposite.

The put section helps to sell the token.

  • MARGIN:

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This is another segment feature on huobi pro that supports trading activities.

Here, one can easily place a limit order, a stop limit order on the margin trade.

We also have what is known as the isolated margin, this helps individuals to better manage his risk by reducing the amount of margin that is being allocated to him.

  • DUAL INVESTMENT:

From the word "DUAL" which means "TWO", we can understand this section to be one that allows it's users to make double investment.

As a user, you can invest in two tokens at the same time using this section.

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As shown above, you can choose to do a dual investment on any token alongside other tokens.

The selected dual token above was BTC and USDT,and another interesting aspect of this is that it has expiry date.

  • TRADING CONTEST:

This is a nice innitiative that helps to encourage the habit of Trading in its users.

To enter this trading contest, you need to have a minimum requirement of 100USDT.

Also, this trading contest is not open to market makers and also sub-accounts are illegible to participate in this contest.

The screenshot below shows the leaderboard of this contest and the rewards for each winner.

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  • SUPPORT:

This is the Support system provided to users who have any questions or complain to lodge.

From this section, a user can reset his google authenticator, he can also reset his email and phone number used in registeration.

This section also provide the opportunity for users to export his history transaction and also deposit unlisted token.

At this section, users are free to lodge any complain they have concerning the exchange and they possess a very good customer care service.
Shown below are some necessary screenshot.

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  • HUOBI LEARN:

This is another section on huobi exchange that helps to teach users of all categories lots of things about the cryptospace.

Irrespective of your level in the cryptospace, there is still a lot of things you can learn and huobi has brought some of this knowledge to your doorstep.

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As shown above, there is a publication that teaches how to play-to-earn, in a sense it is making earning very easy.

Another Important article shown above is titled "how we can earn more tokens with huobi wallet"

These are very important articles that we need to read and understand.



  • CRYPTO LOANS:

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This is another opportunity that is open only to verified users, this is a section whereby verified users are given the opportunity to apply for loans.

Before the loan is given to you, you have to pass through some processes which is shown on the image above and when the loan has been given, you have to pay within the specified duration given to you.

You shouldn't also forget to pay the little interest attached to such loans.

  • ETH 2.0:

This is a section that gives a detail about the recent Ethereum 2.0 merge and the effect it has on the blockchain.

It further gave how the activity if the merge play out

  • HUOBI LIVE:

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This section helps to connect us to live sessions with other individuals.

This section is more or less like a social media that gives us Important information and we have the opportunity to follow whomever we wish to.

This live sessions are very important as it gives us the opportunity to connect with others within the exchange

  • MORE:

There are still lots of functions that I didn't discuss in this post.

We have other loan opportunities like OTC loans and we have the chat sessions and many more just as shown below.

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CONCLUSION

Huobi pro is a very nice exchange and I implore that we give it a try.

We have a lot to enjoy from making use of huobi pro exchange, we can also be attracted to the discount in transaction fees.

I feel that giving it a try will be nice and I am sure we won't regret it.

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