Review

Huobi is one of the world's largest cryptocurrency exchanges. Buy and sell Bitcoin and over 300 coins through its exchange with low fees. Alternatively, you can buy cryptocurrency with no fees at all through Huobi P2P, its peer-to-peer marketplace. Speculate on cryptocurrency prices through futures and swaps. Or receive interest through crypto savings accounts.

  • Buying options
  • Fiat currencies: AUD and 49 others
  • Payment methods: Bank transfer, Debit or credit card
  • Pros
  • Over 300 coins.
  • One of the cheapest platforms.
  • Access cryptocurrency savings accounts.
  • Trade cryptocurrency futures and swaps.
  • Cons
  • Customer support is under-whelming.
  • Limited range of educational content.

Instant Buy Fees

Fees

Buy or sell over 300 cryptocurrencies with a credit card or a debit card through Huobi's Quick Buy/Sell service.

This is the easiest way to buy crypto, but isn't the cheapest. You'll pay fees to Huobi and to all other third parties involved in the transaction. This includes your card company (Visa or Mastercard) and bank.

On Huobi, these fees depend on whether you use a debit or credit card, Visa or Mastercard, and where you live. If you use a Visa debit card and live in the EEA, the UK or Gibraltar, you'll pay a 1.52% spread and a 0.75 flat fee, in your currency. If you use a Mastercard credit card and live elsewhere, you'll pay a 3.15% spread and a 0.75 flat fee.

We've listed these fees below to help you make an informed decision.

Instant Buy Fees
HuobiBinance
Platform fees0.3% + 0.75 in your currency.Up to 3.5% or USD 10, whichever is higher.
Visa or Mastercard feesVisa: 0.02% if you live in the EEA, UK or Gibraltar, and 0.40% otherwise. Mastercard: 0.04% if you live in the EEA, UK or Gibraltar, and 0.45% otherwise.NA
Digital wallet fees1%NA
Bank fees (interchange fees)Debit card: 0.20% if you live in the EEA, UK or Gibraltar, and 1.40% otherwise. Credit card: 0.30% if you live in the EEA, UK or Gibraltar, and 1.40% otherwise.NA

Trading Fees

Fees

Huobi's trading fees are low and on par with that charged by other large exchanges, such as Binance and BTSE.

Huobi trading fees follow a tiered structure, whether you are trading cryptocurrency or futures. The more you trade, the lower your fees. You can reduce spot trading fees further by buying and holding HT (Huobi Token). For simplicity, the fees shown on this page are entry-level fees.

Like most exchanges, Huobi differentiates between "maker" and "taker" fees. Taker fees apply when your order takes liquidity away from the market, as is the case with market orders. Maker fees apply when your order adds liquidity, as is the case with limit orders. Most exchanges set maker fees lower to increase liquidity on their platform.

Trading Fees (Spot)
HuobiBinance
Maker fees0.099%0.10%
Taker fees0.099%0.10%
Discount when holding its token29%20%
Trading Fees (Futures)
HuobiBinance
Maker fees0.02% (COIN-M)0.02% (USDS-M) - 0.01% (COIN-M)
Taker fees0.04% (COIN-M)0.04% (USDS-M) - 0.05% (COIN-M)
Discount when holding its tokenNA10%

Margin Trading Fees

Fees

Trade cryptocurrency on margin with a flat borrowing rate. Further discounts are available when you hold Huobi's token.

When you trade on margin, Huobi will charge you interest on the amount borrowed. Its daily loan rate is a flat 0.098%, across all cryptocurrencies. Interest is calculated by the hour, only on the amount borrowed. Discounts are available to those who buy and hold HT, its token. For simplicity, the loan rate shown below excludes any such discounts.

To help you compare margin trading fees across exchanges, we’ve converted their fees into daily equivalent rates. As Huobi updates its loan rate every now and then, please visit Huobi.com for the most up-to-date information.

Daily Equivalent %
HuobiBinance
BTC0.098%0.02%
ETH0.098%0.02%
USDT0.098%0.06%
BNBNA0.30%

P2P Fees

Fees

At present, Huobi P2P is free for buyers and sellers.

Huobi P2P is an online marketplace that connects buyers and sellers of cryptocurrency. Create an account to search and filter sellers by fiat currency, cryptocurrency and payment method.

At present, Huobi is free for buyers and sellers alike. However, this doesn't mean you'll necessarily get the best price. As prices can vary by a wide margin across sellers, it's always a good idea to compare prices across P2P platforms, such as Binance P2P, Paxful or LocalBitcoins.

P2P Fees
HuobiBinance
Buyer fee0%0%
Seller fee0%Between 0% and 0.35%, depending on the fiat currency and the cryptocurrency.
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