Huobi Exchange platform: The best features that appeals to me and others (100 % powered up)steemCreated with Sketch.

in SteemAlive3 years ago (edited)

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Introduction

Huobi has been a top global exchange platform not just for cryptocurrencies, but also for other digital assets. To sustain its status and command such a large customers base, there are features of this platform that keep users and investors coming back. The best part is the engineers working on the Huobi platform are not leaving any stones unturned. They are working day and night to add extra features to make Huobi occupy the top spot in any exchange platform discussion. In this article, I will x-ray 5 features of this platform that I love so much.
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Huobi Platform 8 awesome Features

1. Quick and Efficient Customer Support: I have heard many positive reviews of the Huobi customer support, but i didnt rely on what others said. I decided to try things for my self. While making my first article on Huobi, I decided to ask the customer support how i can enable Google Authenticator on my account. I was impressed to see the automated responses already built into the platform which helped me to narrow down what I was looking for. While I went through the options and waiting for connection to a live agent, it took just approximately 12 minutes to get hooked up. I was then chatting with an agent who quickly directed me on what to do. For a huge Exchange platform with thousands of customers to deal with, that is relatively fast.

I have used an exchange platform with terrible customer support. I had to wait 2 days before someone attended to my ticket. It was not funny. In this fast-paced world and with funds at stake, 48 hours is sure a very long time to wait for a response. But I got it on Huobi under 12 minutes. This quick response time I experienced supports the positive feedbacks I read about Huobi exchange platform. For me, this is a huge selling point and I love it.

Screenshot_20201216-081907_1608103559668.jpgBeginning of my chat with customer support

2. User Protection Fund: This is one of the best faetures of Huobi platform. Its actually rare. User protection funds is a way Huobi provides insurance for your assets against and hacks, thefts or other loss events. Huobi accumulates some of its profits in the User Protection Fund. This money would be used to compensate users if they loose their assets as a result of hacking. So investors and even small users can confidently put their assets in Huobi. It basically means that whatever happens, your funds would always be safe and accounted for by Huobi.

3. Large list of trading pairs: There is nothing more frustrating than not being able to see support for you favorite coins. On Huobi, you do not need to worry about that. This is because the platform trades and supports more than 100 cryptocurrency pairs. This gives users more than enough selections to make when they trade on the main platform. There are alt coins which are not listed on the main platform. To take care of this, Huobi provided the HADAX exchange. This platform contains a listing of some altcoins which are not available on the main exchange. With these the Main exchange and HADAX listing, users are sure to find the coin pair they are looking for.

4. No KYC for starting: We all know that it takes time to complete the Know Your Customer (KYC) procedures. SO for new people joining for the first time, or even those that wan to try out some of a platforms features, demanding KYC could be a road-block. Welcome to Huobi. On this platform, you must not start with a compulsory KYC. Huobi allows users to signup and even perform some transactions with compleleting KYC. Then when the users want to take it to higher level, such as increasing the volume of trading they wish to do, then they need to provide their identity through KYC.

5. C2C Loan Service: Some users have funds which they are not used for a very long time in their wallet. With this feature, Huobi allows you to lend your funds out to any interested persons that want to borrow it. The lender will set their interest rate which is accumulated on a daily basis. With the service, those that have need for a token can get it instantly, and those that have idle funds can make profits from it.


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C2C loan table. Source

6. C2C Borrow: This is part of the C2C loan service specifically designed for margin traders. With this feature, any margin trader can borrow like others. The advantage of this is that there is a reduced borrowing rate. In fact, the lowest rate of 0.01% is reserved for the margin traders. This option is designed to encourage and reward magin trading. The best part is that the trader is not required to buy the native HT token.

7. Huobi Savings: How about keeping you funds for up to 1 year and earning profit from it? Welcome to Huobi savings. With this feature, users could earn up to 8% per annum for saving their funds depending on market conditions. This is another big feature to utilize funds that would lie idle over a long period of time. If you do not wish to loan it away under C2C loan, you can keep it in your wallet and enjoy yield of up to 8% at the end of the year.


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Savings yield calculation per annum. Source

8. Huobi Pools Savings: Making money from mining tokens just got easier with this great service by Huobi. When you join the pools saving service, you benefit by receiving airdrops of newly mined tokens. This is a way to utilize Huobi and profit from global mining of new tokens. All you are expected to do is buy the native HT token and locked it up. The bigger your stake, the larger % of the airdrops from newly mined tokens. If you are a miner or want to venture into that, Huobi savings is for you.


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Some coins to be airdropped to miners Source

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Conclusion

When it comes to exchange platforms out there globally, it is obvious with the above and more features that Huobi is a giant. There are very few exchange platforms that can boast of few or all of these features. So do not delay in trading with Huobi. If you have not already signed up an account, you could miss your share of the $170 bonus for new users. To grab yours now, Click Here. The offer ends in 14 days. Hurry! Now!!

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 3 years ago 

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