Spotlight on Huobi Challenge with 7th Anniversary Celebration - Why and how to start trading ?
Huobi was launched in 2013 by a computer engeenier, Lion Li. It is a decentralised crypto- assets exchange standing as a solid entity in the cryptoaphere. Because of deligent efforts of administrators and the diverse trading features (lending , staking, P2P trading) that huobi offers, it
was able to stand at Rank 3 among scores of decentralised exchanges available.
Like few other DEX, it provides deposition of USD which facilitates engagement of new users. Among the trading features which contributed to it's success , some worth mentioning features are :
Easy registration process
For level 1 crypto trading which enables deposition and Withdrawal of assets, only email ID verification is required. Isn't it too simple. About 0.1 BTC and 2.5 ETH can be withdrawn per day without KYC at maker and taker fee of 0.2 %.
Trading volume
The 24 hours trading volume as per coinsmarketcap of huobi.
Crypto- Withdrawal fee
As for trading fee on huobi is concerned, trader accrues more advantage out of platform by converting assets into huobi token (HT} . Fee in HT trading is 0.1 HT which is very less, when compared with the crypto trading on same platform like, for BTC it is 0.005 BTC.
Ease of accessibility.
Huobi can be accessed by oline website, Android app, Ios app and MAC OS . So we can say that it is easily accessible.
How to register on Huobi
Registration for huobi is very simple:
. Click on sign up
Following window will open
Enter email ID , password and confirm password.
Click on user agreement and proceed to captcha verification.
Enter verification code sent to registered email ID.
That is all needed to be done for level 1 account.
Two factor authentication .
2FA is a step to enhance security of your huobi account. Here is how to proceed.
- Log in to your account and click on account and security.
- Click on GA (google authenticator)
Scan QR and copy the key and store it safely.
Copy 6 digit code from GA, and paste it into specificied field.
- Click submit and thatis it.
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