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Huobi: Guide to register, verify, buy and sell A-Z

    Huobi floor

    What is Huobi?

    Huobi is the leading cryptocurrency exchange of Southeast Asia as well as in the world (Top 3 in the world).

    Previously the company targeted mainly the Chinese market. But after the country tightened regulations with exchanges, Huobi has moved to the global market.

    Although Huobi has cut many features due to pressure from the ban; But the floor still owns a large number of transactions.

    Huobi Global floor interface
    Huobi Global floor interface

    In Vietnam, Huobi Global is a popular trading platform for Vietnamese traders, just behind Binance.

    A brief summary of Huobi history

    September 1, 2013: The first launch day of Huobi Bitcoin. Within 1 year, Huobi has introduced a number of other important services; such as trading platforms Litecoin and margin trading (margin).

    December 2013: Huobi trading volume surpassed 4 billion USD. This helped Huobi become China's largest cryptocurrency exchange.

    September 2017: This is probably the beginning of the most difficult period for cryptocurrency exchanges in China. The government of this country has officially declared a ban on the service ICO and cryptocurrency exchanges.

    In the face of these difficulties, Huobi founder Leon Li has adjusted the business organization structure to promote global expansion.

    October 2017: Huobi officially entered the Korean market with a new headquarters in Seoul.

    November 2017: A new branch of Huobi in Singapore was inaugurated.

    December 2017: Huobi opened an office in Tokyo – Japan.

    Currently Huobi headquarters is located in Singapore

    Huobi ecosystem

    Huobi ecosystem

    With the goal of becoming the “big brother” in the industry, Huobi has started to develop a world Blockchain complete.

    Huobi labs: Established in May 2018. Purpose of supporting blokchain projects at an early stage.

    Huobi Capital: An investment fund focused on the Blockchain industry.

    Huobi Mining Pool: Operating mining tanks.

    Huobi pro: Digital asset trading floor in the top 5 at the time of 2020.

    HADAX: A “sub-brand” of Huobi.pro. This is Huobi's automated digital trading platform. This service is only for professional traders.

    Huobi OTC: Released in November 2017. The service focuses on anonymous traders who want to transfer large amounts of cryptocurrencies

    In addition to some of the well-known services, Huobi Group also owns Huobi China and Huobi Academy, R&D division focusing on blockchain application and blockchain research.

    Huobi OTC floor

    As mentioned above, in order to catch up with the current trend, Huobi has launched the OTC market very early.

    In this section, I will guide you how to trade more clearly in the section "Guide to buying coins in Vietnam Dong on Huobi OTC" at the bottom.

    (embed) https://www.youtube.com/watch?v=Iy-2JaHwT0E (/ embed)

    Features of Huobi floor

    • Support multiple Altcoin and Token (more than 469 different Coins)
    • Transaction fees are suitable for the majority of investors worldwide (0.2%)
    • Huobi fully supports platforms and devices such as iOS, Android, Windown and Mac
    • Friendly and easy-to-use interface, Huobi's coin exchange charts are extremely professional
    • Support investors trading Margin Trading.
    • The security is quite high, verified by Email and supports 2-layer security (2FA) and SMS.
    • Support multiple languages ​​such as Vietnam, English, Chinese, Japanese, Korean, French, …
    • Provide basic information about a coin in the coin's trading interface such as: Concept, Whitepaper, total issued coins, official website, Block Explorer, …
    • Online customer support on website and via Email as well as social networks. There is a dedicated support community for Vietnamese investors

    Advantages of Huobi Global that you should know

    • They have insurance funds, so customers will not have to worry about losing money in case the floor is hacked
    • Huobi Token (HT) is one of the HOT coins, high liquidity, good price and stable growth, well worth the investment. In addition, if you trade with HT, you will receive a 50% discount on transaction fees.
    • Support a lot of different coins, the main coins have high liquidity.
    • Transaction fees will be reduced when you hold HT.
    • When holding HT, you have the opportunity to participate in IEO investment on Prime, FastTrack and receive HPT (almost like the mechanism) Staking).
    • You can easily sell coins to VND and vice versa
    • There is a supportive community for Vietnam, please see the end of the article.

    Huobi Prime

    This is one of the points of interest that I have dedicated a little space to write about, which is investing IEO on Huobi Prime

    It means participating in buying 1 coin that is about to sell on Huobi Prime, if you buy successfully, your property can be very fast XXX.

    If you are not sure what it is, try reading the article below:

    What is Huobi Prime?

    Over many periods and learning from fixing, Huobi has announced that the new rules for joining Prime are pretty good.

    With the new law, anyone who participates in investment can buy IEO successfully, not fight over. And the purchase rate will be higher if you hold more HT.

    FastTrack

    I would like to quote the paragraph in another article on Blogtienao

    "Each month, Huobi Global announces the names of five projects that will join FastTrack. Using HT, you can get multiple votes for projects within a weekly poll. The project which receives the most votes weekly will be selected to be listed on Huobi Global on the same day as the result of voting. Tokens of winning projects will be allowed to trade immediately, and be listed with pairs of USDT, BTC, and HT "

    Users who voted for the winning project, will be able to buy project tokens at a price 50% lower than their market value.

    Moreover, the 10 lucky users among the HT users who participated in voting for the winning project will be exchanged all their HT votes for the project token.

    Other users will be distributed the number of project tokens according to the HT vote rate

    Because all FastTrack and Prime projects have tripled or tripled. So the HOT of Huobi Global and HT is indisputable.

    Margin

    Like other exchanges, Margin is the trend and indispensable product of Huobi. Currently, the floor is supporting a lot of different coins with leverage up to 5X

    Huobi Margin interface

    Trading Contract (Huobi DM)

    This is the futures trading platform. Huobi DM has tools to help protect and manage risks when participating in transactions. This helps avoid price manipulation by the market.

    The BTC / ETH / EOS / LTC / XRP / BCH / TRX / BSV / ETC contract will be launched on Huobi DM. These contracts will be priced in USD, with the corresponding digital currency.

    Huobi DM currently issues contracts weekly, fortnightly and quarterly.

    The weekly contract will be paid next Friday. Every fortnight contracts will be paid the following Friday. Quarterly contracts will be paid on the last Friday of March, June, September and December.

    Huobi DM now has levers: 1x, 5x, 10x, 20x

    Huobi DM

    What are HT tokens?

    Huobi Token (HT) is the original Huobi coin launched on January 24, 2018. Huobi purpose of creating HT is to support reduced transaction fees, use HT to attend exclusive events, …

    Blogtienao has made a separate article about this token, you can read at the link below:

    What is Huobi Token? Overview of the Huobi Token (HT) cryptocurrency

    The benefits that HT token brings

    Here are some interesting benefits that HT token holders enjoy:

    • HT users in the transaction can receive a discount on transaction fees (up to 50%) and can receive VIP membership rights.
    • HT holders can vote for HADAX token list.
    • HT tokens provide liquidity. And they are also acquired by Huobi every quarter to put in the Huobi Investor Protection Fund.

    Trading fees on Huobi

    Huobi divides transaction fees into two categories, one for casual traders and one for professional traders.

    Fees for ordinary traders

    fees for ordinary Huobi traders

    Fees for professional traders

    fees for Huobi professional traders

    Note: Traders holding over 100,000 HT will receive a 35% discount rate.

    With the above two fee tables, it can be seen that Huobi has used the new hierarchical fee structure.

    Here, Blogtienao will guide you how to reduce transaction fees:

    Step 1: Log in to your Huobi account and then on the item "Install fee rate"

    Transaction fee

    Step 2: You can see the current fee rate, in my case it is:

    Transaction fee

    • Charge current 0.2%
    • Two Buttons have not turned on, the 30-day trading volume is 6.47 btc
    • The number of holding HT is 349 HT

    Step 3: You turn on one of the two buttons on the right, if you have PointCard then select it to reduce the fee. And if you do not have but only HT then select the Button above. In my case, I will select the HT button to reduce the fee

    Transaction fee

    Then choose “confirm”, the system has estimated the level of Lv you will be entitled, as your account is Lv3.

    Transaction fee

    For those who hold more HT, the fee will be greatly reduced. Those who are loyal to HT hold long, the trade fee is very very low. You can refer to the picture below:

    Fee schedule

    After confirming, it will display like that, it was successful, Now when you conduct the transaction, the fee will be 0.16% instead of 0.2% as before.

    In addition, Huobi now also supports buying coins with Visa and Mastercard. However, the fee for this service is very high, about 3-5%.

    Is Huobi a scam?

    So far, Huobi has never had any scams (scams) and no complaints from investors about this situation.

    However, in the past there has been information that Huobi was hacked and stolen 12,000 BTC, but this information has not been confirmed.

    And the special point is that they have insurance fund in these cases, so investors' money will be insured and will not be lost.

    Is Huobi floor banned in Vietnam?

    Because Vietnam is a country in the group that does not prohibit or legalize cryptocurrencies, you can still use Huobi now.

    Is Huobi floor safe to use?

    Compared to many other exchanges, Huobi has a high level of security. Huobi states that:

    • The floor's risk control measures were developed by giants like Goldman Sachs
    • 98% of funds are kept in cold wallets
    • The exchange currently uses a decentralized transaction structure to prevent DDOS attacks
    • The floor has User Protection Funds. 20% of turnover will be transferred to this fund
    • The exchange also has Huobi Security Reserve with a total reserve of 20,000 BTC. This money is used to deal with security incidents and to compensate for losses arising from all security incidents.

    What devices can I use Huobi on?

    Because this is one of the world's largest exchanges, they have full support on mobile devices Android, IOS as well as on PC. Therefore, you can freely choose the method that suits you.

    On a PC, you can log in directly to the floor website is fine, and on Android or IOS phones, you need to download the floor's app.

    Huobi Website: https://www.huobi.com/en-en/

    Link app for IOS: Huobi – Buy and sell Bitcoin

    Link app for Android: Huobi Global

    Instruction to register an account on Huobi

    On the computer

    Step 1: You visit https://blogtienao.com/go/huobi and enter the required information. Then click “registration”.

    Sign up for Huobi

    Step 2: You will get Verification code in gmail You are already registered. Please enter them as required.

    Register Huobi floor

    So has completed the registration step Huobi floor.

    Registration instructions on the phone

    Step 1: After downloading the app, Huobi allows you to register in two ways: either by email, or by phone number. Then click “next”.

    registration

    Step 2: There will be one Verification send to the address email your. Enter the verification code as required.

    Sign up for Huobi

    Step 3: Next, you will need to create a password and click “registration”.

    Sign up for Huobi

    Step 4: In addition to setting passwords with numbers and regular letters. You can create more “Hand-drawn password” for added security. This step you can set up later; However, Blogtienao recommends that you should do it immediately to improve security.

    Sign up for Huobi

    Just complete the steps above and you have successfully registered an account on Huobi.

    Instructions for identity verification / KYC

    On the computer

    Step 1: Click on your account and select “Identity verification”.

    KYC Huobi

    Step 2: Enter all the necessary information and download photo ID / CCCD, passport or driver's license. You need to capture the face and information to expedite the review process offline. Then click on the box “confirm”.

    KYC Huobi

    Step 3: You will receive a notification as below. Your job is to wait a few hours for the Huobi floor system to approve.

    KYC Huobi

    On the phone

    Step 1: Select the small round logo on the upper left

    Verify KYC

    Step 2: Select the item “Identity verification” and enter the required data

    KYC Huobi

    Step 3: Download photo ID / CCCD, passport or driving license. You need to capture the face and the information to expedite the review process offline.

    KYC Huobi

    Next, you just need to wait for Huobi to approve.

    KYC Huobi

    Instructions to verify KYC's identity to increase withdrawal limit

    To do this, you first need to complete and be successful review the item “Guidelines for identity verification / KYC” Blogtienao has just guided above.

    Step 1: Click on your account and select the UID (circled in red)

    KYC Huobi

    Step 2: Select the item “Advanced fiat verification”.

    KYC Huobi

    Step 3: You need to upload the images that Huobi requires. Note, the image needs to be clear and not edit, especially the second image, need to be exposed arms. Then choose “Document validation without error” is done.

    Instructions to enable Google Authenticator

    Step 1: After logging in, click on your account and select the UID box

    GA Huobi

    Step 2: Then you will see the interface displays a “safety reminder” box. You will now have two security options: either to use Google Authenticator or use “Phone link code”. In this section I will guide how to install Google Authenticator. You choose the frame “Link GA verification code”.

    GA Huobi

    Step 3: At this time, you need to download the Google Authenticator app to your phone (follow the link below).

    Step 4: Once the download is complete, simply open the app and scan the barcode provided

    GA Huobi

    Step 5: You enter the 6-digit code in the Google Authenticator application and click on the box “to send”

    GA Huobi

    Step 6: You will now receive an entry request Verification code was sent in gmail You register for a Huobi account. Just open gmail and enter a 6-digit sequence to complete turning on Google Authenticator.

    Note: You need to save the key circled Blogtienao circled in Figure 5. This key is a 2FA recovery code in case you lost your phone or accidentally deleted Huobi code in the application.

    So has completed the security step with Google Authenticator. Next, I will guide you through the security step “Phone link code” to security is upgraded to the highest level.

    Step 1: Click on your account and select the UID box

    Huobi security

    Step 2: Choose “link” at the line of phone numbers

    Huobi security

    Step 3: Enter your phone number. Note, remember to change to Vietnam area code (in the box marked red). Then click “Get a verification code” to get the code. Finally choose “confirm” to complete.

    Huobi security

    Instructions to top up Huobi coins

    For Huobi floor you can use both Bitcoin (BTC), Ethereum (ETH) and USDT (Tether) to trade other coins.

    But in the limit of this article I only guide you to deposit and buy coins using BTC, because this is the most common way that most investors use.

    With ETH and USDT, you do the same way.

    You should note one more thing that to load Bitcoin into the Huobi floor, you first need to have Bitcoin on another exchange. Meaning you bought Bitcoin on exchanges like Vicuta, Remitano, Coinhako, … and now want to transfer them to Huobi to trade cheaply.

    Instruction to buy and sell Bitcoin on Vicuta.com from A – Z

    Here's how to deposit BTC into Huobi:

    Step 1: After logging in to Huobi, click on “asset“Then select”Trading accounts (deposit & withdrawal)“.

    Top up Huobi coins

    Step 2: Here, you can see the friendly interface because looking, you have seen a place to deposit BTC. Click here “recharge” on the line of BTC.

    Top up Huobi coins

    Step 3: Soon, you will receive BTC wallet address on Huobi as your picture below.

    Top up Huobi coins

    Step 4: Go to the “Your BTC wallet address“In your account on Vicuta or Coinhako exchange, … containing your BTC. At that time, you only need to enter the address of the BTC wallet that Huobi provided that I circled in the image above to be okay.

    Note: If you accidentally load BTC into your ETH or USDT wallet address on the Huobi floor, then determine that the coins will be completely lost. So you need to double check your wallet address.

    Step 5: After loading BTC into Huobi, you need to wait approx 30 minutes come 1 hour for the system to confirm your transaction, it may also be faster or longer depending on where you deposit BTC and whether the transaction is congested or not. To check if BTC has entered the Huobi wallet, click on the section “history” right above.

    Top up Huobi coins

    Instructions on how to withdraw coins from Vietnam market for sale

    You must first have an account with an exchange linked to banks in Vietnam and can exchange coins directly to VND, such as Vicuta, Coinhako, Remitano

    If you have then you just need to login to the account and get it wallet address. For example, if you transfer BTC to Coinhako exchange, you need to get it BTC wallet address on the floor of Coinhako. Then you continue with the following steps:

    Withdraw the Huobi coin

    Step 1: Open “withdraw” section (box 1 in the picture above)

    Step 2: Import Bitcoin wallet address On Coinhako floor you just took in box 2 (according to the picture above)

    Step 3: Enter the number of BTC you want to withdraw to box 3 (according to the picture above)

    Step 4: Box 4 will tell you the fee you must pay, box 5 is the number of BTC remaining in your account. After checking all the information, select box 6 “Withdrawal”.

    Note: You need to wait some time for the system to complete your withdrawal.

    Some basic knowledge to grasp before trading

    Trading order

    To trade cryptocurrencies on an exchange, you must place a trade order. When you want to buy, place a buy order. If you want to sell, place a sell order.

    You can understand the trading order is a way to understand how much you want to buy or sell coins.

    Some types of orders: Limit (Limit), Market (Market), Stop-Limit (Stop-limit).

    Limit orders

    This command helps you buy coins at the desired price. For example, if you want to buy Bitcoin for 8,000 USD, you will place a limited order for 1 BTC for 8,000 USD

    Huobi transaction

    Market order (Marker)

    This order allows you to buy / sell Bitcoin quickly at market prices without having to wait like the limit order.

    For example, you see Bitcoin is down 20% so you want to buy at a bargain price. You will place a market order for instant trading, without missing an opportunity.

    Huobi transaction

    Stop-limit order

    This order is usually used to cut losses in case the price drops sharply. Reduce the risk of peak swing. Or buy when breakout resistance.

    However, this type of command is vulnerable to “hunting sharks”. That is, they will push the price to break down the support or resistance area and then the price returns to its original position.

    A simple example for you to understand: I want to buy BTC for 8,000 USDT and accept a loss of 100 USD. To preserve the capital and not suffer any further losses. Now I will place a stop loss order with a stop price of 7,910 USDT and a limit of 7,900 USDT.

    At this time, the price stop is the condition to activate the limit price. This means that when the Bitcoin price drops to 7,910 USDT the floor will automatically place an order of 7,900 USDT.

    The difference of 10 USDT is used for depreciation when the speed of dropping is too strong, to avoid the case that the price does not match. Therefore, you should not set the price difference too little with the stop price.

    It should be noted when using the stop-limit command:

    • when the sell: Price stops bigger price limit
    • when the buy: Price stops less price limit

    Huobi transaction

    Market

    The market is the main currency traded there. For example, you buy and sell normally in Vietnam. The market here is the VND market.

    The BTC market is the use of BTC to trade with other coins.

    Trading pair

    The trading pair is the price of one coin relative to another. In the BTC market, there are pairs of transactions *** / BTC. Similar to HT market, there are pairs *** / HT.

    For example: We have ETH / BTC pair that you use BTC to buy ETH or you use ETH to sell BTC.

    Instructions on how to trade on Huobi

    Once Bitcoin has successfully loaded into the Huobi Pro wallet, you can use it to buy and sell the coins you want.

    Huobi supports over 200 different coins and tokens, depending on the research and needs you choose the appropriate coin to invest!

    I will give an example Ethereum (ETH).

    On the phone

    Step 1: After logging in to your account, select the item “market” lies below

    Huobi transaction

    Step 2: Select the item “all” above the interface

    Huobi transaction

    Step 3: Select the item ETH / USDT

    Huobi transaction

    Step 4: Choose “buy into” or “sold out”

    Huobi transaction

    Step 5: Next you will see the following interface.

    Huobi transaction

    At this step, choose one of the three types of orders that you have circled above to trade. And how these orders work, review the section “Some basic knowledge to grasp before trading”.

    On the computer

    Step 1: After logging in to your account, select the item “deal” and select the type of coin you want to trade on the left hand column

    Huobi transaction

    Step 2: Then choose one of the three types of circled orders to trade. To learn more about the types of orders and how to trade, review the section “Some basic knowledge to grasp before trading”.

    Huobi transaction

    Instruction to buy coins in Vietnam Dong on Huobi OTC

    In addition to trading coins like many other exchanges, Huobi also helps the community of Vietnamese traders more convenient in buying coins when allowing transactions in VND.

    However, to use this feature, you need a bank card. Here I will show you how to buy coins in VND:

    On the computer

    Step 1: After logging in, select the item “Fiat”. At OTC Huobi, you can buy the following coins with VND: BTC, ETH, USDT, EOS, XRP, LTC, HT, HUSD and BCH.

    Giao dịch Huobi OTC

    Bước 2: Nếu bạn muốn mua Bitcoin thì chọn vào mục BTC, sau đó chọn người bạn muốn mua.

    Giao dịch Huobi OTC

    Bước 3: Tiếp sau khi chọn "buy BTC", giao diện sẽ hiện ra ô "mức VNĐ" bạn sẽ chi trả và số BTC tương ứng. Sau khi nhập số tiền, bạn chọn "tạo đơn hàng".

    Giao dịch Huobi OTC

    Bước 4: Bạn sẽ có 15 phút để chuyển khoản. Khi đã chuyển khoản xong, bạn chọn "đã chuyển, bước tiếp theo"

    Giao dịch Huobi OTC

    Sau đó bạn chỉ cần chờ bên kia xác nhận để hoàn thành giao dịch.

    Trên điện thoại

    Cần lưu ý, trên giao diện điện thoại, bạn chỉ có thể mua coin trên sàn OTC với đồng Nhân Dân tệ (CNY), USD và đô la Hồng Kông (HKD). Nghĩa là bạn không thể mua coin với VNĐ như trên giao diện máy tính.

    Bước 1: Đăng nhập tài khoản, chọn mục "giao dịch" (1) ở phía dưới cùng giao diện, sau đó chọn mục "fiat" (2)ở hàng trên cùng.

    Giao dịch Huobi OTC

    Bước 2: Chọn mục "mua/bán" (1), chọn loại coin muốn mua (2), chọn loại tiền tệ muốn giao dịch (3).

    Giao dịch Huobi OTC

    Bước 3: Sau khi đã chọn loại tiền tệ bạn muốn giao dịch, bạn cần chọn đối tượng bạn muốn giao dịch và click vào mục "mua".

    Giao dịch Huobi OTC

    Bước 4: Nhập số tiền bạn muốn chi trả (1). Giao diện sẽ hiện lên số BTC tướng ứng với số tiền của bạn (2). Sau đó chọn "đặt hàng" (3)

    Giao dịch Huobi OTC

    Bước 5: Tiếp theo bạn sẽ chuyển tiền cho đối phương, khi đã chuyển xong thì chọn "Tôi đã thanh toán thành công". Lưu ý, khi chuyển tiền, phần nội dung bạn không đi ghi những từ như BTC, ETH, Huobi,… để việc chuyển tiền không bị chặn hay tài khoản bị đóng băng.

    Giao dịch Huobi OTC

    Sau đó bạn chỉ cần chờ bên kia xác nhận để hoàn thành giao dịch.

    Hướng dẫn kiếm tiền trên sàn Huobi

    Thật bất ngờ, ngoài việc trade coin, Huobi mang đến cho bạn vài cách kiếm tiền khác trên nền tảng. Sau đây, Blogtienao sẽ hướng dẫn bạn cách kiếm tiền trên sàn Huobi dễ dàng mà không cần trade coin nhé.

    Đầu tiên, đăng nhập vào Huobi, chọn mục tài khoản rồi chọn "mời bạn bè".

    Ref

    Sau đó, bạn gửi đường link ở ô "đăng ký liên kết" tới những ai có nhu cầu. Có thể mời qua facebook, zalo hoặc các bạn đăng giới thiệu lên các trang Fanpage do bạn sở hữu, hay các nhóm facebook lớn về cộng đồng kiếm tiền, tiền điện tử.

    ref

    Tuy nhiên do đa số mọi người đều biết hình thức này, nên bạn phải làm sao cho hết sức tự nhiên nhé, tránh phản cảm cho người đọc, và phải luôn tuân theo nội quy của các nhóm, tránh spam tràn lan.

    Cao cấp hơn, nếu bạn có website, bạn có thể giới thiệu theo cách mà bạn cảm thấy tốt nhất để khuyến khích nhiều người đăng ký theo link của bạn.

    Về chi tiết mức thưởng của chương trình, bạn có thể đọc ở link bên dưới nhé.

    Hướng dẫn chương trình Mời Bạn Bè

    Ngoài Huobi Referral Program, còn có các Bounty cực kỳ hấp dẫn, với những giải thưởng xịn xò. Như đợt kỷ niệm 5 năm thành lập Huobi đã "treo" các giải thưởng gồm : 10000 USDT, 5000 HT, Xe AB, IphoneX,…

    Theo dõi sàn Huobi Global tại

    Epilogue

    Hi vọng qua bài viết trên, Blogtienao đã giúp bạn có một cái nhìn tổng quan về sàn Huobi đang nổi này. Cá nhân mình thấy sàn Huobi khá ok và hiện mình cũng đang sử dụng sàn này.

    Cuối cùng, mọi thắc mắc bạn có thể inbox hỏi trên fanpage Blogtienao, chúng mình sẽ giải đáp thêm nhé.

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