Margin | Huobi Global

How to make 150,000 USD with Margin Trading on Huobi.pro!

How to make 150,000 USD with Margin Trading on Huobi.pro! submitted by mythsinner to CryptoCurrency [link] [comments]

Margin Trading

I have a few questions to margin trading.
If I for example do margin trading on huobi. I put in 1 btc and use leverage 3 so I trade with 3btc. If btc price drops about 10% do I now own huobi 10% for each of the 3btc so I have to pay them back money I never had?
submitted by testomatiko to CryptoCurrencies [link] [comments]

BCH Contracts margin trading goes alive on Huobi DM /r/BitcoinBeginners

BCH Contracts margin trading goes alive on Huobi DM /BitcoinBeginners submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

BCH Contracts Margin trading is to be launched on Huobi

As the official announcement from Huobi DM reports, BCH/USD contracts pair will be released on this Friday SGT 18:00 Friday (April 12, 2019). Following the XRP contract on Huobi DM, the BCH contracts offers Weekly, Bi-weekly and Quaterly trading type. Investors can either go long or short with margin trading system. Huobi DM offers zero Clawback and Stop-loss and Take-Profit specially to meet BCH contracts user in case of market fluctuation.

https://preview.redd.it/ux1dr8pnder21.jpg?width=1024&format=pjpg&auto=webp&s=dd3147649f45f462f7cbbbaf8abd0cc4b1733662
BCH fans can enjoy Trigger order and Zero clawback. The trade will start on this Friday. BCH Margin trading, stay tuned at SGT 18pm on April 12, 2019
Huobi Derivative Market (Huobi DM) is an important extension of Huobi Global, the largest cryptocurrency exchange worldwide. Besides XRP contracts, Huobi DM currently offers weekly, bi-weekly, and quarterly cryptocurrency contracts for Bitcoin (BTC), Ethereum (ETH), and EOS (EOS), and Litecoin (LTC).
Website: www.hbdm.com
submitted by Huihui-DM to cryptotrading [link] [comments]

Huobi on Weibo: Margin trading service stop announcement. @huobicom weibo.com/3495498135/Erz…

Huobi on Weibo: Margin trading service stop announcement. @huobicom weibo.com/3495498135/Erz… submitted by MrrWolf to Bitcoin [link] [comments]

BCH contract Margin trade is finally launched on Huobi DM:One of the largest crypto contract exchange-

BCH contract Margin trade is finally launched on Huobi DM:One of the largest crypto contract exchange- submitted by Huihui-DM to FuturesTrading [link] [comments]

Huobi on Weibo: Margin trading service stop announcement. @huobicom weibo.com/3495498135/Erz

Huobi on Weibo: Margin trading service stop announcement. @huobicom weibo.com/3495498135/Erz submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Analysis on litecoin plummet incident in huobi.com from China(litecon dived to as low as 1 RMB in huobi.com yesterday due to its margin trading business and market maker’s manipulation, This post is written in Chinese. If you have trouble to read it, please use Google Translate)

Analysis on litecoin plummet incident in huobi.com from China(litecon dived to as low as 1 RMB in huobi.com yesterday due to its margin trading business and market maker’s manipulation, This post is written in Chinese. If you have trouble to read it, please use Google Translate) submitted by victorzhang to Bitcoin [link] [comments]

Huobi allows its customers to margin trade on Bitcoin

http://www.huobi.com/help/index.php#a3_5
Essentially they allow for 2:1 leveraged trading with loans denominated in both RMB and BTC. Another interesting feature is the ability to directly short Bitcoin through their system.
This is the rough translation of the explanation of their system provided on their website (link at top of post) as performed by Google translate. Anyone willing to provide a better translation would be greatly appreciated.
3.5 lending center
1, when you determine Bitcoin prices will rise, you can use the loan to buy bitcoins features borrowed RMB, to be sold Bitcoin Bitcoin prices return systems to make the difference to profit;
2, when you determine Bitcoin prices will fall, you can use the borrowed currency Bitcoin features borrowed sell, purchase bitcoin system upon return Bitcoin prices, and thus make the difference to profit;
3, the borrower or by the amount of currency is 2 times the net assets of the individual, that is, if there is equivalent to 1000 yuan of net assets on your account, you can borrow up to 2,000 yuan or 2,000 yuan worth of bitcoins;
4, currency net to fire 24 hours a day to calculate interest on borrowings (counting from the start time of borrowing, 24 hours a day, more than 24 hours a day under the new calculation) received 0.1% -0.2% per day (depending on your vip lending rates Grade determine) the loan interest;
5, when the total assets of less than 120% of your loan amount, the system will notify you of messages compulsory liquidation risk; When your total assets of less than 110% of the loan amount, the system will be in accordance with the fire orders in real time currency net price for you is forced to buy or sell the asset liquidation and repayment of loans and borrowed currency.
6, in order to protect the safety of funds, borrowing is not repaid users can not use the cash withdrawal function.
7, interest-bearing loans and restitution according to the pen handle, users can always choose each loan repayment or partial repayment of all, when the first part of the return of interest payments.
submitted by josiah__Coinsetter to Bitcoin [link] [comments]

Best Potential Moonshot Hands Down; TRUSTSWAP (SWAP) Full DeFi Suite, Simple P2P Trustless Escrow, and Great Tokenomics!

Trustswap https://www.coingecko.com/en/coins/trustswap
Okay guys I've spent the last two days learning about this token and I've come away very impressed. I think this token may be a serious contender for best performer this year. On the TrustSwap social platforms it feels like 2017. Here's some info about the company.
TrustSwap is a DeFi project created by the founder and CEO of Uptrennd Jeff Kirdeikis. Most notably he has the largest cryptocurrency investing group on Facebook, and he is what Tom was to MySpace but for Uptrennd. He host The Bitcoin and Crypto Podcast which is actually very good, and he has a massive following on Twitteother social. Better yet, this guy is a marketing genius like a less annoying Justin Sun. He has a pipeline of good news lined up and knows when and how to release that information on the masses. Everything he does seems meticulously thought through. He continually affirms his commitment to get SWAP listed on high volume exchanges with MXC yesterday, Hotbit today, and Houbi/Bitmax tomorrow he is actually succeeding. He is also very responsive and has team moderators standing by in the social media channels to field questions/vanquish FUD.
Here are the basics:
TrustSwap is building a DeFi ecosystem that will start out as a simple P2P trustless escrow and payment platform and evolve into a fully decentralized exchange (DEX) with leverage and futures options all offered via non-custodial smart contracts. They will also offer multi-chain token wrapping as a service and on-chain governance using the native ERC-20 token SWAP.
Imagine being able to wrap BTC, Monero, Digibyte, or any crypto and then trade it on uniswap, or have it interact with Ethereum compatible wallets, and applications.
Through this, you can move funds cross-chain without ever having to sign up to a Centralized Exchange, allowing you to never have to KYC, staying fully anonymous across exchanges.
Wrapping tokens also offers huge benefits to new blockchain projects that have their own chain, allowing them to save massively on listing fees, as well as instantly be connected to strong wallets and decentralized exchanges.
This puts the ability to trust back in the investor's hands and might spark a new ICO boom as new projects eager to establish credibility rush to use it. So yes beautiful wrapping everything layer 3 solution my brothren. And highly incentivised holding economics, for example rewarding users from fees collected from the DeFi network! And staking;
All fees paid to the platform will get split as follows:
80% goes back to holders as staking rewards
10% are burned forever (adding that value back to token holders)
10% goes to the dev fund which can be used as the community sees fit
This project has massive potential and is already building a strong community foundation with big moves coming soon as more exchanges and markets come on board. The staking and deflationary tokenomics make this a long term HODL for me.
Token Metrics:
Total Supply: 100,000,000 SWAP
Circulating Supply: 62,500,000 SWAP
Market Cap: $3.6 million
60,000,000 SWAP Initial liquidity offering on uniswap about two and half days ago, price dropped at like $0.035. Volume bottomed out and rising again (same with holder count).
20,000,000 Team Supply
20,000,000 Marketing, development, legal, bounties, OTC investors, airdrops.
LINKS:
Website: www.Trustswap.org
Discord: https://discord.gg/GNUrcK
Telegram: t.me/TrustSwap
Token address; https://etherscan.io/token/0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Uniswap; https://app.uniswap.org/#/swap?inputCurrency=0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2&outputCurrency=0xcc4304a31d09258b0029ea7fe63d032f52e44efe
Extra nugget from Jeff on Discord; "@everyone
SwapLogo SWAP is listing on Hotbit this Monday! SwapLogo https://hotbit.zendesk.com/hc/en-us/articles/360051689713
This is the first step into TrustSwap's emergence in the Asian markets. We are going to be kicking off major marketing campaigns with an Asian marketing firm within the coming week to follow up this listing.
We also have a couple more Top-50 listings lined up for this week as well
When we had a vote to see which exchange you wanted to see SWAP listed on, Huobi was the winner by a massive margin, so we will be opening up the conversation with Huobi to get SWAP listed on there also in the near future."
DYOR!! Godspeed! I'll see you guys on the other side!
To address FUD about OTC investors dumping, yes they are dumping, it's my belief most weak hands have exited the market, they got in at $0.005 per SWAP.
submitted by Rational_Optimist to CryptoMoonShots [link] [comments]

Huobi Token Price Prediction 2020

Huobi Token Price Prediction 2020
What is Huobi Token (HT)
Huobi Token (HT) is a native token of the Huobi Global exchange platform. HT is based on the ERC-20 algorithm, operates on the Ethereum blockchain and its emission is strictly limited to a fixed total of 500-million tokens.
by StealthEX
With the help of the internal token, the Huobi platform implemented a loyalty program for users. HT can be used to buy VIP status which provides discounts and other goodies to its members. The company also uses tokens for voting on the Huobi Autonomous Digital Asset Exchange (HADAX).
Today Huobi Token is among the TOP-20 cryptocurrencies by market capitalization.

Huobi Token Statistics

Source: CoinMarketCap, Data was taken on 23 July 2020.
Current Price $4.31
ROI since launch 188.05%
Market Cap $928,622,259
Market Rank #20
Circulating Supply 215,825,447 HT
Total Supply 500,000,000 HT

Huobi Token achievements and future plans

During 2019 the Huobi exchange has implemented a lot of updates and innovations. Regarding the Huobi token, the company has completed the burn of all HT repurchased in the year 2019.

What to expect in the future?

Huobi future plans to further increase the token’s utility for the broader blockchain and crypto community. Improvement will include HT margin trading with up to 2X leverage and collateralized HT for peer-to-peer crypto lending and pledged loan contract assets.

Huobi Token Technical Analysis

Source: Tradingview, Data was taken on 23 July 2020

Huobi Token Price Prediction 2020

TradingBeasts Huobi Token price prediction

The Huobi Token average price is forecasted as $3.88883 (-9.56%) per coin by the beginning of this August. By the end of December 2020, HT expected maximum price will reach $4.87916 (+13.47%), while the minimum price could be around $3.31783 (-22.84%).

Huobi Wallet investor price prediction

According to Wallet investor’s forecasting, Huobi crypto has a positive trend in the future and might be good for long-term investing with earning potential up to $5.348 in one year (+24.37%). The Wallet investor says that Huobi Token’s maximum price will be around $3.571 per coin by the end of the year (-16.95%).

Crypto-Rating Huobi Token price prediction

Crypto-Rating suggests to the HT holders to monitor the price movement near the crucial areas on the chart and wait for an opportune moment to take a long position.

DigitalCoinPrice HT price prediction

According to DigitalCoinPrice Huobi Token price will increase in the future. By the end of December 2020, HT may reach $7.84 as a maximum price (+81.91%).

Where to buy HT coin

Huobi Token (HT) is available for exchange on StealthEX with a low fee. Follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to HT.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/07/23/huobi-token-price-prediction-2020/
submitted by Stealthex_io to StealthEX [link] [comments]

MXC Exchange – One-stop Service Provider

MXC Exchange – One-stop Service Provider
Established in 2018, MXC has become a one-stop service provider. It is now able to provide users spot, margin, contract, leveraged ETF, Index Products, Contract, PoS Staking, OTC services.
It emerges as one of the fastest growing exchanges in the world. In 2019, the daily trading volume of MXC took 5% of the world’s digital market. Besides, leveraged ETF products on MXC took lion share in the world of the same kind of products based on data from CryptoRank. On top of that, It obtained regulation-compliance licenses in many countries, like U.S., Canada, Australia, etc. and is able to carry out digital asset service in these countries.
https://preview.redd.it/xmdorlqtjt951.png?width=1298&format=png&auto=webp&s=b791ee9dc47ff43cca9bf281cacbc05a61fa2632
In the aspect of OTC trading, MXC established partnership with Simplex, a European regulation-compliance payment company, and Banxa, a legal payment company in South-east Asia, allowing users to use Visa and Mastercard to buy cryptocurrencies, like BTC, ETH, etc. directly.
In the aspect of spot trading, MXC now support over 200 trading pairs. In addition to the top market cap coins and token, it has listed many high-quality DeFi projects, like COMP, MKR, SNX, KNC, LEND, REN, BNT, IDEX, SWTH, OKS, RUNE, KAVA, BAL, UMA, etc. as well as projects of Polkadot ecosystem, like KSM, EDG, PCX, RING, etc.
In the aspect of margin trading, MXC supports the largest number of margin pairs among all exchanges across the globe, with 2 – 10x leverage available. The automatic loan and repayment functions are available. With the coming of the upgraded margin system, the depth, price difference, loan efficiency and matching efficiency have greatly updated.
In the aspect of leveraged ETF, MXC, learned from traditional financial products, introduced in re-balance system, so there’s no liquidation risks in buying leveraged ETF products. Leveraged ETF tracks the changes of the underlying assets with 3x leverage. “3L” products refer to 3x long, while “3S” products 3x short. Now it 3x leverage for 29 cryptocurrencies, including BTC, BCH, BSV, DASH, ZEC, ATOM, XTZ, ALGO, etc.
In the extreme market on March 12, 2020, BTC plummeted a high of 52.36% and the ordinary 3x leverage products for BTC plunged by 157.08%. However, with the re-balance system, the BTC3L product on MXC decreased by 92.96%, lower than the ordinary 3x leverage products and protect the interest of users in some extent. Furthermore, in the following market, the BTC3L product rose by 236%, higher than the 167.41% of ordinary 3x leverage product.
The leveraged ETF once became the label of MXC, "Huobi's OTC, OKex’s contract, MXC’s ETF and Binance's spot." The popularity of leveraged ETFs has attracted many exchanges to follow suit.
In terms of index products, MXC officially launched index products under the ETF zone, including decentralized storage asset index, mainstream cryptocurrency index, DeFi asset index, public chain index, 2020 halving cryptocurrency index.
MXC index products are similar to traditional financial fund products, and each index product is composed of multiple constituent cryptocurrencies. According to the announcement, the MXC Index product will be adjusted according to the average daily turnover ratio of the previous 30 days, that is, the proportion of the component cryptocurrency will be adjusted. If the target does not meet the representativeness and investability, the index may be removed from the product.
Decentralized storage combination components are STORJ, LAMB, GNX, BLZ; mainstream currency combination, components are BTC, ETH, LTC, EOS, ETC, BCH, BSV, XRP; DeFi asset components are KNC, ZRX, KAVA, NEST; Public chain combination, the components are TRX, VET, NEO, QTUM, BTM, ONT, IOST; halving index components are BTC, ETC, BCH, BSV, ZEC, DASH.
Index products can help users not miss the bull market. Any one of the constituent cryptocurrencies increase, the user can make gains. Secondly, it can help avoid the risk of a single cryptocurrency’s plunging. In addition, it can also help save investment time and improve investment efficiency.
In terms of contract transactions, MXC upgraded the contract trading system and launched a new version of the contract in June this year. MXC contract trading currently supports free adjustment of 1-100x leverage multiples. In the isolated margin mode, users can still adjust the leverage multiples after opening a position, and support isolated margin conversion to cross margin, which can help users pursue the market with all their strength.
It supports users to place stop profit and stop loss orders at the same time, while occupying only one margin. It supports Post Only (Maker only) and IOC (Immediately or cancel all) strategies. Under Post Only (Maker only), the user will not immediately place an order on the market when placing an order, to ensure that the order is always Maker (pending order), saving handling fees. IOC function, that is, if the order cannot be fully executed, the rest will be cancelled.
For example, the BTC price index of MXC selects the bitcoin spot prices of 6 exchanges, namely: Coinbase, Bitstamp, Binance, Huobi, OKEx, Bitfinex. If the spot price of an exchange deviates from the median of all exchanges by ±3%, the spot price of the exchange is calculated according to the median of ±3%. Use reasonable prices for liquidation, which are based on index prices.
In addition, underlined proper nouns on the webpage, as long as the mouse points up, the corresponding explanation will be displayed, which is convenient for users to understand.
In terms of PoS pools, MXC supports three types of PoS: Saving, Staking and Lending. Among them, PoS saving does not need to lock assets, and holding assets can obtain income.
submitted by SimonZhu666 to MXCexchange [link] [comments]

Review of Huobi Global Exchange

Review of Huobi Global Exchange

HUOBI GLOBAL

A GLOBAL CRYPTOCURRENCY LEADER SINCE 2013
https://preview.redd.it/vj0kjfa6zay41.png?width=602&format=png&auto=webp&s=730841e36308f723e27b28e394dc2259a7d5d150
Its an exchange we can trust and trade on. Its packed with state of the art features and tools which any trader would love. It helps a trader to get so many products under a single umbrella. A single Huobi Account gives way to so many opportunities no one wants miss out. Its the most secured exchange in the world, in its operations since 2013 it has not been hacked and has user protection fund amounting to 20000 BTC. It always emphasizes on user safety and customer protection, thats what I love the most. Customer satisfaction has been its prime motto since its inception. We should give it a try as its always filled with lots of promotions and rewards for trading and participating in activities.
Lets take a look deeply how this exchange offers so much innovative and state of the products and how it fares compared with other top exchanges.
As a world-leading company in Blockchain industry, Huobi Group was founded in 2013 with a mission to making breakthroughs in core Blockchin technology and the integration of Blockchain technology and other industries. Huobi Group has expanded in to public chain, digital assets trading and wallet, mining pool, proprietary investment, incubation, Digital Asset Research etc., and established a global digital economy industry ecosystem, by investing in over 60 upstream and downstream companies in the Blockchain industry. Huobi Group is working with Argentina, Russia, Thailand, Nigeria and many other countries on the development of Blockchain technology and real world Blockchain applications.
Since its establishment, Huobi Group has been financed by ZhenFund and Sequoia. As a digital assets service provider, Huobi is far ahead of its competitors in establishing a global network of licences. It has over 1300 employees and established subsidiary companies and partnership companies in 12 counties, including the US, Japan, Thailand, Gibraltar, etc. The Huobi team is dedicated to providing safe, professional, trustworthy, and world class services to its global clients across 130+ countries.
Core Strengths of Huobi
A World Class Security System
· Secure and reliable class services
· Six years of experience in digital asset services
· Decentralized structure and anti-DDOS protection system
Local Operation Teams across the Globe
· Global Ecological Layout
· Local trading service centers in many countries around the world
· Blockchain ecosystem featuring integration of multiple business forms
Remodelling the Crypto Exchange
· Users first
· Develop compensation first system
· Develop User Protection Fund (20,000 BTC)
Now let’s take a look at the Exchange and its features

https://preview.redd.it/qoo3u6gezay41.png?width=602&format=png&auto=webp&s=ea22a9512fb6b6e4c8309cab8611c60904b2e46b
Huobi has one of the best UI for an exchange. Its really very smooth and easy to operate. It has integrated all the trading options and users can easily understand and operate it. The chart has all the options and function, it supports trading view also.
Huobi OTC
Huobi OTC Desk is an OTC (over-the-counter) trading service provided by Huobi Technology (Gibraltar) Co., Ltd for both institutional clients and individual clients with large trading volumes. This service allows our eligible clients to trade crypto-to-crypto and fiat-to-crypto pairs via request for quotes. Huobi OTC (otc.hbg.com) offers an exchange bridge between fiats and digital assets while Huobi Global (www.hbg.com) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies.
Huobi OTC (otc.hbg.com), serving an affiliated website of Huobi Global (www.hbg.com), is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.(In other words, Huobi OTC provides escrow on digital assets)
Being an OTC digital asset platform with a leading turnover, Huobi delivers services to millions of users in over 130 countries with billions of daily turnover. Supporting fiat-crypto trading in many countries and seamless connecting to crypto-crypto trading, it provides trading of over 100 digital currencies. Being the first platform to deliver 7x24 customer support, it boasts professional services, rapid response and certified merchant security deposits to meet various demands.
Huobi DM (Futures)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns. With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery. Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December. Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
On March 27, Huobi DM announced it entered into the realm of Perpetual Swaps through its well-established Huobi Derivative Market (DM). Derivative trading has become a popular and lucrative way in the cryptocurrency space, and Perpetual Swaps, as a kind of derivative product, is another way for traders to arbitrage better positions.
Perpetual Swaps are a form of futures contracts but there is no expiry date on these contracts.
Similar to futures contracts, perpetual swaps are standardized contracts that allow traders to long a position to profit potentially from the increase of a digital asset’s price, or short a position to profit potentially from the decline of a digital asset’s price. However, there are some uniqueness in perpetual swaps.
§ No delivery and therefore no expiry date
§ Funding mechanism Settlement in every 8 hours
There exist perpetual swaps already in crypto derivatives market. But what really makes Huobi’s Perpetual Swaps different at this launch is that they are a unique form of contract called inverse contract. Inverse perpetual contracts are also called coin-margined perpetual swaps which are quoted in USD but margined &settled in the given cryptocurrency.
Besides, the perpetual swaps can offer greater flexibility of fund. Your profits and losses are realized and settled three times a day, allowing you to leave the game and allocate your fund for other uses almost any time you desire.
Flexible leverage from 1x to 125x is also a plus on Huobi’s BTC perpetual swaps.
Partial Liquidation
Partial liquidation is a new mechanism that gradually reduces a user’s positions rather than liquidating them in full in a single event. With the new mechanism, the system will automatically start liquidating a user’s positions in stages—at predetermined margin ratios determined by the user’s calculated exposure—until the margin ratio reaches above zero. The liquidation process also includes a circuit breaker function that halts liquidation when large or unusual deviations between the liquidation price and market price are detected.
All coins and leverages on Huobi DM are supported by partial liquidation, and the mechanism is available to users with no fees. Huobi DM also lowered its overall adjustment factor, also named maintenance margin ratio, a key liquidation indicator that directly impacts how margin ratios are calculated, to reduce the frequency of liquidation events.
HUSD
In order to maximize the value of stablecoins to meet the various trading needs of users, Huobi Global is now providing a comprehensive and integrated solution: HUSD.
HUSD is a comprehensive solution for all stablecoins.
Three advantages of HUSD
  1. Safer and more convenient-to avoid single stablecoin risk, and seamless handover between stablecoins.
  2. More stable for stored value-the Huobi bears the risk of instability of stablecoin.
  3. Convert with no cost-remove the commission fee between stablecoin conversions.
Huobi Prime
Huobi Prime, the Launchpad platform is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
Huobi Wallet is a professional Multi-chain light wallet app from Huobi Group, the leading global digital asset exchange. Huobi Wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption, to provide state of the art protection for digital assets assured by the Huobi Wallet Security Team. For more information, visit: www.huobiwallet.com. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi Chain
Created in partnership with technical development partner Nervos, Huobi Chain provides a regulator-friendly blockchain framework for financial organizations to deploy DeFi services and applications, including their own blockchains, tokenized assets, payments and identity verification, lending services, decentralized exchanges, and more.

Huobi Chat

Huobi Chat is the social network service platform oriented towards the era of blockchain and an autonomous social network in the future. Huobi Chat combines the advantages of the social network, Huobi Group and global ecosystem platform. It is established with an aim to achieve free communication, fair incentives and interconnectivity of upstream and downstream industry in the digital assets society. Based on blockchain encryption and consensus mechanism, it can connect Users and partners, and provide the digital enthusiasts worldwide with social, sharing, markets, information, e-commerce, games, entertainment, and other one-stop services. Meanwhile, we introduce third-party content and service providers through the IM open platform to build the global ecology of Industry and activate the flow.

Huobi Mining Pool

As a sub-brand of Huobi Group, Huobi Pool is an important component of Huobi’s global ecological strategy. It covers Staking business, POW business and public chain technical service provider. As the largest POS community in the Asia-Pacific region, a leading POW mining pool and a node for various public chains, Huobi Pool is dedicated to providing one-stop financial services and solutions for all types of token holders.
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite\_code=eyhj5
submitted by IndianCrypto to u/IndianCrypto [link] [comments]

LINK/USDT Perpetual Contract available on Bitget

LINK/USDT Perpetual Contract available on Bitget

https://preview.redd.it/ob43m1d53cg51.png?width=768&format=png&auto=webp&s=6008f6b988cb954d44d5ca89e0be1ea3f3689a7e
Dear Bitget users,
The USDT perpetual contract of LINK/USDT now available on Bitget,You can trade it with the Bitget Website or APP.
Thanks for your support!
Details:
Base currency:LINK(ChainLink)
Quote currency: USDT
Contract face value :1LINK
Margin unit :USDT
Tick Size:0.001
Leverage:1-20X
Index source: Huobi/Okex/Binance
Bitget Team
submitted by Bitget to u/Bitget [link] [comments]

VipMex Crypto and Futures Contract Trading Platform Gives Away 346 USDT to Celebrate Launch

VipMex Crypto and Futures Contract Trading Platform Gives Away 346 USDT to Celebrate Launch
vipmex.com
A new trading platform called VipMex has entered the market, allowing users to invest in cryptos and futures contracts with ease.
About the Company
Hong Kong-based VipMex is a company specialized in providing all-inclusive financial investment options and management for crypto assets and futures.
The team behind VipMex is made up of many highly educated professionals with a background in various advanced technologies. Their main goal is to develop accessible futures and cryptocurrency options by establishing a secure investing environment which can be navigated by clients of all levels of experience.
This cryptocurrency exchange relies on a powerful trading system that serves as the basis of a comprehensive and strong trading environment. VipMex focuses on providing low cost and easy to use crypto investment alternatives that can be accessible to all users.
VipMex Risk Strategy
The VipMex exchange was built on providing exposure to cryptocurrency markets for all kinds of investors at competitive and low rates.
Usually, when the clients have opposing positions, let’s say one Bitcoin contract is long and the other Bitcoin contract short, both sides of the trade are covered, with the exchange making its profits from the fees of the trades.
If most clients trade in the same position, VipMex will hedge in the underlying market or derivates markets, meaning they might actually buy Bitcoin or long Bitcoin futures if the majority of clients take long positions on Bitcoin contracts. This allows the platform to pay out all its clients if their positions turn out to be correct.
In case of unforeseen market developments, the exchange will store a certain percentage of its profit in a Risk Reserve Fund to always pay out the revenues of their clients.
USDT Base Currency
On the VipMex crypto exchange, the Tether (USDT) stablecoin is used as the base currency, meaning that the exchange rates of the other digital assets are generally quoted against Tether. USDT is the most popular and used stablecoin in the crypto market, having its value pegged to that of the US dollar. The coin recently surpassed XRP and became the world’s third-largest crypto according to a market cap of $8.805.483.772. USDT is also the most traded crypto based on its 24-hour volume, surpassing even Bitcoin.
With the occasion of platform launch, VipMex is giving 346 USDT to users who register on the crypto exchange and perform trading activities.
Fees and Discount Bonus
VipMex users can withdraw USDT from their account without having to pay any fees. A one-time transaction fee which is 0.05% becoming the best cost-effective comparing with Binance, Huobi, SnapEx, OKEX etc. for each position opened.
The crypto exchange offers zero spread accounts, which have no difference between the bid and ask price. This allows traders to know their entry and exit levels when they open a position.
There are no slippage costs (the difference between the projected price of a trade and the price at which the trade is completed) and no clawback (take back money as a form of taxation).
Moreover, VipMex also introduced a system where users can gather bonus for missions or trading and then use these bonus to deduct their margin.
Multi-Currency Account
VipMex supports the trading of multiple digital assets and commodities from one single account. This means that users do not have to go and create multiple accounts to hold and manage different cryptos or futures. All trading can be done from one account, simplifying matters for investors who want a diverse trading portfolio.
In addition to cryptocurrencies, users can also trade using fiat by making deposits on the platform’s Over The Counter exchange. This way, those who are new to crypto and do not yet own the assets can still invest by using their fiat funds.
Up to 500x Leverage
VipMex users can engage in margin trading and leverage anywhere from 10x to 500x. While margin trading is riskier compared to other types of trades, it can bring higher rewards.
The trading platform incorporates a unique “close all” function. Also, in order to protect clients’ profitability and hedge against risk exposure, in certain extreme market conditions, VIPMEX might temporarily prevent clients from opening new positions in a single direction until it is safe to open trades on that position again.
Accurate Price Listing
VipMex displays its crypto prices by using a K-line weighted average based on the data sourced from 3 of the biggest crypto exchanges on the market, namely Binance (30%), OKEx (40%), and Huobi (30%). This is done in order to feature cryptocurrency prices in the most accurate way. Binance is the world’s first crypto exchange in terms of 24-hour trading volume, while OKEx is sixth.
VipMex is ready to help investors find easy crypto trading solutions, as well as futures contract options, and help them get the best profits by adopting risk-mitigating strategies.
submitted by VipMex to u/VipMex [link] [comments]

Review of Huobi Global - Exchange we can bank upon

Review of Huobi Global - Exchange we can bank upon

HUOBI GLOBAL

A GLOBAL CRYPTOCURRENCY LEADER SINCE 2013
https://preview.redd.it/qeknttxd4by41.png?width=602&format=png&auto=webp&s=3434637627b38b0bc3741139b72c97ee96a2feba
Its an exchange we can trust and trade on. Its packed with state of the art features and tools which any trader would love. It helps a trader to get so many products under a single umbrella. A single Huobi Account gives way to so many opportunities no one wants miss out. Its the most secured exchange in the world, in its operations since 2013 it has not been hacked and has user protection fund amounting to 20000 BTC. It always emphasizes on user safety and customer protection, thats what I love the most. Customer satisfaction has been its prime motto since its inception. We should give it a try as its always filled with lots of promotions and rewards for trading and participating in activities.
Lets take a look deeply how this exchange offers so much innovative and state of the products and how it fares compared with other top exchanges.
As a world-leading company in Blockchain industry, Huobi Group was founded in 2013 with a mission to making breakthroughs in core Blockchin technology and the integration of Blockchain technology and other industries. Huobi Group has expanded in to public chain, digital assets trading and wallet, mining pool, proprietary investment, incubation, Digital Asset Research etc., and established a global digital economy industry ecosystem, by investing in over 60 upstream and downstream companies in the Blockchain industry. Huobi Group is working with Argentina, Russia, Thailand, Nigeria and many other countries on the development of Blockchain technology and real world Blockchain applications.
Since its establishment, Huobi Group has been financed by ZhenFund and Sequoia. As a digital assets service provider, Huobi is far ahead of its competitors in establishing a global network of licences. It has over 1300 employees and established subsidiary companies and partnership companies in 12 counties, including the US, Japan, Thailand, Gibraltar, etc. The Huobi team is dedicated to providing safe, professional, trustworthy, and world class services to its global clients across 130+ countries.
Core Strengths of Huobi
A World Class Security System
· Secure and reliable class services
· Six years of experience in digital asset services
· Decentralized structure and anti-DDOS protection system
Local Operation Teams across the Globe
· Global Ecological Layout
· Local trading service centers in many countries around the world
· Blockchain ecosystem featuring integration of multiple business forms
Remodelling the Crypto Exchange
· Users first
· Develop compensation first system
· Develop User Protection Fund (20,000 BTC)
Now let’s take a look at the Exchange and its features
https://preview.redd.it/2mo1zpgh4by41.png?width=602&format=png&auto=webp&s=0b7dfa11a3f067287e3fad11d2d804672105396d
https://preview.redd.it/vigncyyi4by41.png?width=602&format=png&auto=webp&s=f15e7fde4bfbeadae0e0432ba6dc5ab2c6a03140
Huobi has one of the best UI for an exchange. Its really very smooth and easy to operate. It has integrated all the trading options and users can easily understand and operate it. The chart has all the options and function, it supports trading view also.
Huobi OTC
Huobi OTC Desk is an OTC (over-the-counter) trading service provided by Huobi Technology (Gibraltar) Co., Ltd for both institutional clients and individual clients with large trading volumes. This service allows our eligible clients to trade crypto-to-crypto and fiat-to-crypto pairs via request for quotes. Huobi OTC (otc.hbg.com) offers an exchange bridge between fiats and digital assets while Huobi Global (www.hbg.com) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies.
Huobi OTC (otc.hbg.com), serving an affiliated website of Huobi Global (www.hbg.com), is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.(In other words, Huobi OTC provides escrow on digital assets)
Being an OTC digital asset platform with a leading turnover, Huobi delivers services to millions of users in over 130 countries with billions of daily turnover. Supporting fiat-crypto trading in many countries and seamless connecting to crypto-crypto trading, it provides trading of over 100 digital currencies. Being the first platform to deliver 7x24 customer support, it boasts professional services, rapid response and certified merchant security deposits to meet various demands.
Huobi DM (Futures)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns. With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery. Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December. Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
On March 27, Huobi DM announced it entered into the realm of Perpetual Swaps through its well-established Huobi Derivative Market (DM). Derivative trading has become a popular and lucrative way in the cryptocurrency space, and Perpetual Swaps, as a kind of derivative product, is another way for traders to arbitrage better positions.
Perpetual Swaps are a form of futures contracts but there is no expiry date on these contracts.
Similar to futures contracts, perpetual swaps are standardized contracts that allow traders to long a position to profit potentially from the increase of a digital asset’s price, or short a position to profit potentially from the decline of a digital asset’s price. However, there are some uniqueness in perpetual swaps.
§ No delivery and therefore no expiry date
§ Funding mechanism Settlement in every 8 hours
There exist perpetual swaps already in crypto derivatives market. But what really makes Huobi’s Perpetual Swaps different at this launch is that they are a unique form of contract called inverse contract. Inverse perpetual contracts are also called coin-margined perpetual swaps which are quoted in USD but margined &settled in the given cryptocurrency.
Besides, the perpetual swaps can offer greater flexibility of fund. Your profits and losses are realized and settled three times a day, allowing you to leave the game and allocate your fund for other uses almost any time you desire.
Flexible leverage from 1x to 125x is also a plus on Huobi’s BTC perpetual swaps.
Partial Liquidation
Partial liquidation is a new mechanism that gradually reduces a user’s positions rather than liquidating them in full in a single event. With the new mechanism, the system will automatically start liquidating a user’s positions in stages—at predetermined margin ratios determined by the user’s calculated exposure—until the margin ratio reaches above zero. The liquidation process also includes a circuit breaker function that halts liquidation when large or unusual deviations between the liquidation price and market price are detected.
All coins and leverages on Huobi DM are supported by partial liquidation, and the mechanism is available to users with no fees. Huobi DM also lowered its overall adjustment factor, also named maintenance margin ratio, a key liquidation indicator that directly impacts how margin ratios are calculated, to reduce the frequency of liquidation events.
HUSD
In order to maximize the value of stablecoins to meet the various trading needs of users, Huobi Global is now providing a comprehensive and integrated solution: HUSD.
HUSD is a comprehensive solution for all stablecoins.
Three advantages of HUSD
  1. Safer and more convenient-to avoid single stablecoin risk, and seamless handover between stablecoins.
  2. More stable for stored value-the Huobi bears the risk of instability of stablecoin.
  3. Convert with no cost-remove the commission fee between stablecoin conversions.
Huobi Prime
Huobi Prime, the Launchpad platform is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
Huobi Wallet is a professional Multi-chain light wallet app from Huobi Group, the leading global digital asset exchange. Huobi Wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption, to provide state of the art protection for digital assets assured by the Huobi Wallet Security Team. For more information, visit: www.huobiwallet.com. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi Chain
Created in partnership with technical development partner Nervos, Huobi Chain provides a regulator-friendly blockchain framework for financial organizations to deploy DeFi services and applications, including their own blockchains, tokenized assets, payments and identity verification, lending services, decentralized exchanges, and more.
Huobi Chat
Huobi Chat is the social network service platform oriented towards the era of blockchain and an autonomous social network in the future. Huobi Chat combines the advantages of the social network, Huobi Group and global ecosystem platform. It is established with an aim to achieve free communication, fair incentives and interconnectivity of upstream and downstream industry in the digital assets society. Based on blockchain encryption and consensus mechanism, it can connect Users and partners, and provide the digital enthusiasts worldwide with social, sharing, markets, information, e-commerce, games, entertainment, and other one-stop services. Meanwhile, we introduce third-party content and service providers through the IM open platform to build the global ecology of Industry and activate the flow.
Huobi Mining Pool
As a sub-brand of Huobi Group, Huobi Pool is an important component of Huobi’s global ecological strategy. It covers Staking business, POW business and public chain technical service provider. As the largest POS community in the Asia-Pacific region, a leading POW mining pool and a node for various public chains, Huobi Pool is dedicated to providing one-stop financial services and solutions for all types of token holders.
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=eyhj5
submitted by IndianCrypto to HuobiGlobal [link] [comments]

BASIC Risk Management

BASIC Risk Management

https://preview.redd.it/v0c9g1yceix41.png?width=700&format=png&auto=webp&s=bbf36502148eacec1e6c5365b763432660f65366
BASIC is the next-generation crypto finance platform that allows lenders and borrowers from all over the world to better manage their crypto assets with enhanced capital efficiency. Today’s post will cover the Risk Management practices, that are implemented within the platform in order to establish efficient and stable ecosystem and in order to secure all the occuring financial transactions. Let us see the methodologies and tools, that are exploited by BASIC to address all the associated risks, that may occur in any given financial transaction.

BASIC’s Risk Management Practices

BASIC is actively exercising preemptive efforts in order to guarantee efficient and stable financial transactions on its platform, addressing all the associated risks, that may emerge in any given financial transaction. BASIC is applying risk management tools, that assist to alleviate all the associated risks, that can be found within this platform.

Risk classifications

▶ Volatility risk
BASIC has established a risk management system to recognize and address the high volatility of the digital assets. In the case of mortgage loans, there is always a requirement for a liquidation procedure under certain circumstances. Namely, if the market value of the collateral falls below a certain limit, you may be requested to provide additional collateral. If the requested amount of additional collateral is not stored within a specified period, the liquidation procedure will kick in and the required amount of collateral will be liquidated to secure the loan. The BASIC platform performs real-time volatility management practices. There is a tracking process of the price indexes of 6 different crypto exchanges, such as Coinbase, Bitfinex, Binance, Huobi, Bitstamp, and Kraken, where the prices of the crypto assets with an engineered volatility, placed as a collateral or borrowed as a loan in the BASIC’s platform, are tracked and based on them the LTV( Loan-to-Value) ratio is calculated. The abovementioned LTV management, hence risk management is performed by the Smart Risk Manager on an automatic basis. The volatility risk manager is currently programmed to warn and further take some certain actions at the following events and LTV rates:
  • At 65% LTV, the borrower receives warning notifications (Early Warning)
  • At 75% LTV, the borrower is requested to store additional collateral to diminish LTV to 65% (Margin Call)
  • At 85% LTV, the system will be forced to initiate a partial liquidation process to automatically lower the LTV to 75% (Margin Liquidation)
The BASIC platform has a liquidity engine system. It is BitGo’s internal clearing system, which allows you to stream placed orders in real-time, and liquidate large amounts of assets at a fixed price, without the presence of slippage.
▶ Default Risk
This risk could occur independently from the LTV, and two scenarios are probable depending on the nature of the loan (Secured and Unsecured).
  • Secured Loan
The default borrowing period for Basic is set to 3 days after maturity, and if there is an overdue balance outstanding on the day of liquidation, the amount of outstanding balance with a liquidation penalty added will be deducted from the collateral assets.
  • Unsecured Loan
Once the default occurs, 100% of the borrower’s total CREDIT (credit token) is going to be exterminated. At the same time, assets corresponding to the loan amount are going to be taken out from the Basic Insurance Fund and forced liquidation will kick in to protect the depositors.
▶ Overdue Risk
If the loan interest is not paid and remains in overdue status for a prolonged period of time, the following measures will be taken.
  • Secured Loan
The grace period for overdue interest is set to 3 days after maturity, and if there is an overdue balance outstanding after 3 days, the amount of outstanding balance with a liquidation discount rate (5%) added shall be deducted from the collateral assets.
  • Unsecured Loan
The grace period for overdue interest is set to 3 days after maturity, and if there is an overdue balance outstanding after 3 days, the amount of outstanding balance shall be withdrawn from the Basic Insurance Fund and 100% of the borrower’s total CREDIT is programmed to be burned.
▶ Counterparty Risk
Counterparty risk, which is prevalent in the trading and investment areas, is the likelihood or probability, that one of the two involved entities in a transaction might default on its contractual obligation. There are two primary sources of the counterparty risk in the process of collateral liquidation. The first one arises when the counterparty cannot make the required payments according to their obligations. The second one occurs, when the counterparty breaks the terms of the contract, hence defaulting on his contractual obligation. The relationship in the financial market is built upon trust. Hence, the counterparty risk or default risk can result in an overall deterioration of the credit market and further lead to a crisis. When there is a transaction being occurred within a platform of the BASIC, BitGo operates as a third party, who secures the process of escrowing the assets of the transacting participants. This risk management practice enables transacting parties to proactively identify and control the counterparty risk at the same level as financial firms.
▶ Slippage and Market Risks
In case of carrying out transactions on multiple digital asset exchanges, you may face a huge issue of inefficient digital asset distribution, which can adversely affect your balance sheet. This situation can further expose you to the Slippage and Market Risk, as the number of assets that need to be liquidated increases. On the contrary, BASIC platform enables easy and quickly offline trading with transacting parties in BitGo, through the virtual journal swaps. This practice, in turn, eliminates the slippage and market risks.
▶ Compliance Violation
Compliance violations can be applied to the withdrawal of assets at the time of the transaction. Currently, the majority of digital asset platform companies randomly distribute assets to multiple digital asset exchanges for trading purposes. In fact, this kind of approach affects the balance sheet and can lead to regulatory compliance violations. The BASIC platform is capable of reducing market and slipper risks, whilst keeping business efficiency at the highest level, by trading with trading partners within the BitGo’s system. This, in turn, will enable you to maintain stable transactions in a quite liquid market.
▶ Legal and Regulatory Compliance Risk
Basic implements strict and thorough anti-money laundering and anti-terrorism-financing preventive measures at the level of traditional financial institutions in accordance with the Financial Action Task Force (FATF) recommendations and guidelines. This practice allows to thoroughly verify the identity of the client and to establish anti-money laundering preventive measures, which are both de facto essential factors to ensure the safety and legitimacy of the digital assets handling. To mitigate and identify in advance the risks associated with the compliance or regulation, BASIC’s legal team is staying up-to-date with the legal and regulatory compliances over the crypto assets.

Keep Updated with BASIC Platform!

Thank you for reading. If you would like to keep updated with BASIC’s activities, please follow our social media channels below.
submitted by anitamalone to thebasicfinance [link] [comments]

BASIC

BASIC is the next-generation crypto finance platform that allows lenders and borrowers from all over the world to better manage their crypto assets with enhanced capital efficiency. Today’s post will cover the Risk Management practices, that are implemented within the platform in order to establish efficient and stable ecosystem and in order to secure all the occuring financial transactions. Let us see the methodologies and tools, that are exploited by BASIC to address all the associated risks, that may occur in any given financial transaction.

BASIC’s Risk Management Practices

BASIC is actively exercising preemptive efforts in order to guarantee efficient and stable financial transactions on its platform, addressing all the associated risks, that may emerge in any given financial transaction. BASIC is applying risk management tools, that assist to alleviate all the associated risks, that can be found within this platform.

Risk classifications

▶ Volatility risk
BASIC has established a risk management system to recognize and address the high volatility of the digital assets. In the case of mortgage loans, there is always a requirement for a liquidation procedure under certain circumstances. Namely, if the market value of the collateral falls below a certain limit, you may be requested to provide additional collateral. If the requested amount of additional collateral is not stored within a specified period, the liquidation procedure will kick in and the required amount of collateral will be liquidated to secure the loan. The BASIC platform performs real-time volatility management practices. There is a tracking process of the price indexes of 6 different crypto exchanges, such as Coinbase, Bitfinex, Binance, Huobi, Bitstamp, and Kraken, where the prices of the crypto assets with an engineered volatility, placed as a collateral or borrowed as a loan in the BASIC’s platform, are tracked and based on them the LTV( Loan-to-Value) ratio is calculated. The abovementioned LTV management, hence risk management is performed by the Smart Risk Manager on an automatic basis. The volatility risk manager is currently programmed to warn and further take some certain actions at the following events and LTV rates:
The BASIC platform has a liquidity engine system. It is BitGo’s internal clearing system, which allows you to stream placed orders in real-time, and liquidate large amounts of assets at a fixed price, without the presence of slippage.
▶ Default Risk
This risk could occur independently from the LTV, and two scenarios are probable depending on the nature of the loan (Secured and Unsecured).
The default borrowing period for Basic is set to 3 days after maturity, and if there is an overdue balance outstanding on the day of liquidation, the amount of outstanding balance with a liquidation penalty added will be deducted from the collateral assets.
Once the default occurs, 100% of the borrower’s total CREDIT (credit token) is going to be exterminated. At the same time, assets corresponding to the loan amount are going to be taken out from the Basic Insurance Fund and forced liquidation will kick in to protect the depositors.
▶ Overdue Risk
If the loan interest is not paid and remains in overdue status for a prolonged period of time, the following measures will be taken.
The grace period for overdue interest is set to 3 days after maturity, and if there is an overdue balance outstanding after 3 days, the amount of outstanding balance with a liquidation discount rate (5%) added shall be deducted from the collateral assets.
The grace period for overdue interest is set to 3 days after maturity, and if there is an overdue balance outstanding after 3 days, the amount of outstanding balance shall be withdrawn from the Basic Insurance Fund and 100% of the borrower’s total CREDIT is programmed to be burned.
▶ Counterparty Risk
Counterparty risk, which is prevalent in the trading and investment areas, is the likelihood or probability, that one of the two involved entities in a transaction might default on its contractual obligation. There are two primary sources of the counterparty risk in the process of collateral liquidation. The first one arises when the counterparty cannot make the required payments according to their obligations. The second one occurs, when the counterparty breaks the terms of the contract, hence defaulting on his contractual obligation. The relationship in the financial market is built upon trust. Hence, the counterparty risk or default risk can result in an overall deterioration of the credit market and further lead to a crisis. When there is a transaction being occurred within a platform of the BASIC, BitGo operates as a third party, who secures the process of escrowing the assets of the transacting participants. This risk management practice enables transacting parties to proactively identify and control the counterparty risk at the same level as financial firms.
▶ Slippage and Market Risks
In case of carrying out transactions on multiple digital asset exchanges, you may face a huge issue of inefficient digital asset distribution, which can adversely affect your balance sheet. This situation can further expose you to the Slippage and Market Risk, as the number of assets that need to be liquidated increases. On the contrary, BASIC platform enables easy and quickly offline trading with transacting parties in BitGo, through the virtual journal swaps. This practice, in turn, eliminates the slippage and market risks.
▶ Compliance Violation
Compliance violations can be applied to the withdrawal of assets at the time of the transaction. Currently, the majority of digital asset platform companies randomly distribute assets to multiple digital asset exchanges for trading purposes. In fact, this kind of approach affects the balance sheet and can lead to regulatory compliance violations. The BASIC platform is capable of reducing market and slipper risks, whilst keeping business efficiency at the highest level, by trading with trading partners within the BitGo’s system. This, in turn, will enable you to maintain stable transactions in a quite liquid market.
▶ Legal and Regulatory Compliance Risk
Basic implements strict and thorough anti-money laundering and anti-terrorism-financing preventive measures at the level of traditional financial institutions in accordance with the Financial Action Task Force (FATF) recommendations and guidelines. This practice allows to thoroughly verify the identity of the client and to establish anti-money laundering preventive measures, which are both de facto essential factors to ensure the safety and legitimacy of the digital assets handling. To mitigate and identify in advance the risks associated with the compliance or regulation, BASIC’s legal team is staying up-to-date with the legal and regulatory compliances over the crypto assets.

Keep Updated with BASIC Platform!

Thank you for reading. If you would like to keep updated with BASIC’s activities, please follow our social media channels below.
submitted by anitamalone to thebasicfinance [link] [comments]

Derivative Market Landscape: Daily Trading Volume Over $20 billion and Leveraged ETF Becoming New Growth Point

Exchanges are always in the front line of innovative products. There have emerged such new products and playing methods as IEO, delivery contract, margin trading, futures, leveraged ETF, staking service, etc. since 2019, which injects vitality to the crypto-market and becomes the powerhouse for the innovative development of the blockchain industry.
Compared to the marketing/operation methods with short period effect, derivatives in cryptocurrency market is the most potent weapons that will last a long period. The derivatives are going to a higher level as its trading volume increases day by day. Therefore, the derivatives are becoming another main battlefield that every exchange want to conquer.
PAData analyzed the trading data of the top 5 exchanges with largest market shares on contracts and the 2 exchanges that first rolled out leveraged ETF, to have a look at the performance of derivatives among different exchanges, as well as the product iteration logics in crypto-market.
01
Crypto-market Mimics the Traditional Financial Market
First, the top-layer design of supervision policy makes the crypto-market similar to traditional financial market. Regulators often formulate relevant supervision policies for crypto market based on the rules for traditional financial assets and financial risks as the crypto-market is a newly born behind the traditional finance market, “For example, the licenses for the digital-asset industry often evolve from the traditional ones and become the specific supervision licenses for the industry.” said by an entrepreneur in crypto world with traditional finance background.
Second, the roles of participants in crypto market is also similar to traditional financial market. Except for the different exchanges that take up the lion share of the market, the professional broker, custody institution, loan/lending platform, dark pool, etc. have all emerged.
Third, what crypto market learns most from the traditional market is the product design. The new project subscription, futures, leveraged ETF, contract in the newly-born crypto market are all coming from traditional market. Take leveraged ETF on MXC Exchange as an example. Learned from the ETF mechanism in traditional market, MXC leveraged ETF tracks the daily movement of the crypto underlying asset with 3 times leverage. For instance, if the underlying asset rises 1%, the corresponding ETF products will rise/fall 3%. Essentially, investing on leveraged ETF is similar to purchasing futures fund with leverage. At the moment, MXC launched 3x leveraged ETF products for BTC, ETH, BSV, BNB and other top market cap coins.
Last but not the least, the derivatives, like IEO, ILO, perpetual contract are also coming from traditional market. Are these derivatives suitable for the crypto market? What are their trading volumes?
02
Differential Competitive Edge Among Exchanges
Presently, the main derivative in crypto market is contract, including delivery contract, perpetual contract and some futures contract. Besides, ETF (1x leverage) and leveraged ETF are catching up, taking up some market shares. PAData, based on the ranking list of CoinGekco, picked the top 10 exchanges with largest trading volumes on derivatives to analyze their advantages.
According to stats, 8 among 10 exchanges have business on perpetual contract. FTX, a derivative exchange, has the largest number of perpetual contracts of 30, followed by Gate.io and Binance with 23 and 18 respectively. 7 exchanges roll out delivery contract where OKEx has a total of 135, more than two times of the second place – FTX’s 60 delivery contracts. In addition, Kraken and Huobi DM also launch some delivery contracts.
As an emerging product, only 2 exchanges involve business on leveraged ETF, but the total number of leveraged ETF products has exceeded that of the perpetual contracts. FTX launched 111 ETF pairs, while MXC listed 30 as of December last year. MXC Exchange is famous for “Efficient and Fast”. It can be predicted that more leveraged ETF products will be listed in the near future.
From the allocation of derivatives among exchanges, we can see the differential competitive edge for derivatives has shaped. OKEx is robust on delivery contract, Huobi lays focus on delivery contract, Binance aims for perpetual contract, and MXC seeks development on leveraged ETF.
03
Daily Trading Volume for Contract Over $20 billion
According to the sectional static data of CoinGekco on February 12, OKEx, Huobi, BitMEX, Binance and Deribit are the top 5 exchanges with largest amount of open positions in 24 hours. The total opening positions on OKEx ranked first with amount reaching $1.846 billion. Huobi and BitMEX closely followed with amount over $1 billion respectively. These three exchanges take lions share in the contract market. While the 24h opening position amount on Binance and Deribit is about $400 million respectively, far lower than the top 3 exchanges.
The total amount of opening position for contract is one of the criteria to judge the activeness and liquidity of the contract market, the other is the daily trading volume. According to stats, the 24h nominal trading volume among 25 exchanges breaks the mark of $27.533 billion, among which the trading volume on OKEx, Huobi, BitMEX, Binance and Deribit accounts for 73%, taking most of the contract market.
Though the stats for the 24h opening position amount and the trading volume includes the margin trading, we still can learn that the contract trading volume on some exchanges is very close to that of the spot trading. It fully indicates how popular the contract trading is.
04
Maximum leveraged ETF yields up to 2000%
Although futures trading is very popular, but they are not very friendly to investors. Investors need to master some practical skills, and once the position is closed-out, the losses will be quite tragic. For example, on the evening of February 13, when BTC dropped from about $ 10,200 to about $ 10,100, according to the statistics of the contract emperor, there were a total of 13,400 accounts went close out in just 24 hours, and the total amount of positions in 1 hour reached 82.31 million. Futures have become a weapon for the capitals and make most of us look like a fool.
The high operating threshold and high risk of cryptocurrency investment have always been an important factor hindering cryptocurrencies to enter the mainstream market. In order to find new increments, the exchange has been exploring low-operation threshold, low-risk, high-yield products, this is the inherent logic and motivation for the development of cryptocurrency derivatives. For example, the leveraged ETF launched by MXC is in line with this trend. Investors can buy leveraged ETFs on MXC just as they would for spots, without paying a deposit, and without having to take the risk of liquidation. They can also receive compound interest returns. MXC also incorporates 100% of fee income into its monthly plan to repurchase and burn MX tokens, forming positive investment feedback for the exchange's internal product system.
At present, there are only two exchanges that launch leveraged ETF products on the market: FTX and MXC. According to CoinGekco's statistics, the 24-hour estimated total transaction value (USD) of the two exchanges is close to 4 million US dollars. The single-day estimated total transaction amount of each leveraged ETF product is approximately $ 3.7843 million, and the single-day estimated total transaction amount of 111 leveraged ETF products listed on FTX is approximately $ 3.9346 million.
The average daily trading volume of the top 10 trading pairs on MXC ETF product is approximately $ 320,500, with the highest daily trading volume being 3 times long BSV leverage ETF, reaching $ 529,300. The average daily trading volume of the top 10 trading pairs on FTX ETF product is approximately $ 173,900, with the highest daily trading volume being 3 times long BTC leveraged ETF, which reached $ 326,500. Excluding the impact of the number of products, the estimated daily trading volume of a single leveraged ETF product on MXC is definitely higher.
It can be found that the trading volume of a leveraged ETF with a 3x long position is much higher than that of a leveraged ETF with a 3x short position. The 10 trading pairs with the most trading volume on MXC are all 3x long trading pairs. 9 out of 10 the trading pairs on FTX are also all 3 times long trading pairs, which shows that the current market sentiment is mainly bullish.
In addition, the top ten trading pairs on MXC with the largest trading volume are mainly production reduction tokens and platform tokens, which are more consistent with the current mainstream capital flows. This reflects the best applicable scenario of leveraged ETF, that is, in unilateral or trend markets, the performance and advantages of leveraged ETF will be very obvious, and investors often can receive returns higher than the leverage multiple.
According to statistics, the highest average return [1] of the ten leveraged ETF trading pairs with the highest trading volume on MXC is 611.14%, the lowest average return is -25.8%, and the current average return is 428.96%. Among them, the 3 times long BSV has the highest return to 1998.60% on USV3L / USDT trading pair .
However, FTX's leveraged ETF returns are much lower. The highest average return of the top ten trading pairs is 141.94%, the lowest average return is -90.07%, and the current average return is -2.98%. Among them, the highest return is 3 time short BSV trading pair BSVBEAR / USD yields about 591.38%.

The leveraged ETF products of the two exchanges have huge differences in returns. In addition to currency differences, the factors that affect the returns also include the exchange's risk control system and team configuration. According to the publicly disclosed data of MXC, the leveraged ETF of MXC is managed by the platform or a fund manager recognized by the platform, and the platform announces the fund's net value in real time in order to maintain a high degree of transparency and control risks.
05
The traceability of leveraged ETF’s target has a lot of room to grow
According to statistics, the average daily trading volume of all leveraged ETF trading pairs on the two exchanges is about 21% of the spot [2] single-day trading volume, MXC is around 22.44%, and FTX [3] is around 19.96% . Although the leveraged ETF has not been available for a very long time, its market share are already become significant.
At present, the asset tracked by the leveraged ETF is still a single token. However, in the traditional financial field, the underlying assets tracked by ETF already include stock indexes, style indexes, industry indexes, commodity indexes, currencies, commodities and more. In the future, the innovation of leveraged ETF in the cryptocurrency market can be used in many assets. For instance, only at the underlying level of assets, indexes and currency combinations will all be included.
Competition between exchanges is very fierce. In this case, each exchange must not only compete for products, services, and marketing, but also for updating speed, especially for product innovation and iteration speed. For example, MXC is faster than FTX to launch some much more popular investment targets like reduced production tokens and platform tokens. In addition, in terms of the current competitive situation, first come, first served may become the norm in the market, such as the advantages of OKEx in the futures field and the advantages of MXC in the leveraged ETF field.
Data Explanation:
[1] Here the highest income refers to the instantaneous return from the daily opening price to the highest price, the lowest income refers to the instantaneous return from the daily opening price to the lowest instant price, and the current income refers to the opening price from the daily level to the closing price on February 12. Instantaneous return. Revenue statistics are for reference only and do not constitute investment advice.
[2] Although FTX is a derivative exchange, according to CoinGekco's statistics, ETFs, leveraged ETFs, and other trading pairs (non-futures contracts) are recorded as spot, so the "spot" statistical caliber here is the transactions of non-futures in CoinGekco Correct.
[3] The statistics of FTX leveraged ETFs here excludes 1x leveraged trading pairs.
submitted by SimonZhu666 to MXCexchange [link] [comments]

HUOBI EXCHANGE REVIEW

HUOBI EXCHANGE REVIEW
Huobi is a Singapore-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, Korea, Japan and the United States. In August 2018 it became a publicly listed Hong Kong company.
Recently during early 2019, after crypto communities lost interest in ICOs (Initial Coin Offering) due to many unregistered STOs (Security Token Offering) and other projects whose aim was only to raise the funds. Exchanges adapted and gave a new dimension of the fund raising, IEO (Initial Exchange Offering).
In this regard, exchanges helped the projects by providing them a platform to raise the funds and also helped the retail investors by doing due diligence on the project on behalf of the investors. Best part of this process is, such issued tokens are listed on the same platform and exchanges helped these start ups in the process. This gave a sense of security and helped to maintain integrity with the projects and public investors.
All the top tier exchanges are participating in this movement and named such fund raising as Launchpad, Jumpstart, Spotlight, Startup etc. While Huobi came up with Huobi Prime.
Unlike other exchanges, Huobi Prime has helped varieties of start-ups.
  • It all started with a DAG based blockchain platform, Top Network.
  • A project named after the greatest scientist who made a major impact on the human lives, Newton Project. It is aimed to deliver an infrastructure for the community economy.
  • It is followed by Thunder Core. A blockchain project dreamt of decentralized future and allows anyone to build dApps on their platform.
  • Then Reserve Rights continued the legacy. It’s a protocol for stable currencies with three kinds of tokens RSV, RSR and collateral tokens.
  • Akropolis - a protocol to explore the informal economy and help the people with DeFi. It was one of it’s kind which was competitive enough to seek the help from the Huobi.
  • Later a social digital currency, Emogi secured a place to be the next Prime project.
  • Recently, Whole Network - A consensus, co-creation, and win-win behavioral value network had the opportunity to feature as a 7th Prime project.
However, each of the Prime project is different from the other in the list. One must admit, it is a basket with mixed fruits. From DAG to Currency to dApp platform to stable coin protocol to DeFi protocol to digital currency to blockchain phone. Huobi has covered a rich list of projects in this journey.

https://preview.redd.it/8z08lbq3qls41.png?width=800&format=png&auto=webp&s=34de122d950f32feb46df82cdce290221e1572be

(This chart presents the information based on the price of the each token on 2nd October. However it may vary marginally as price of the cryptocurrencies are volatile in nature)
Trading Options
Many centralized exchanges serve as the sole, centralized market maker. In contrast, Huobi also allows you to trade over the counter (OTC). This means that you can buy and sell cryptocurrencies peer-to-peer on Huobi. Even though this option exists on the exchange, it has yet to gain adoption from traders. Various commenters have said that there is a lack of OTC offers. Still, this is still an innovative technical feature.

If you are a margin trader, Houbi has a separate platform specifically for this. You can access this by going to the margin tab in the header. The amount of leverage you can have varies from coin-to-coin. For example, BTC is around 3x. Compared to other margin trading platforms, this is low. Nonetheless, it is an attractive option for potential users.

In December 2018, Huobi Derivative Market issued BTC contracts and ETH contracts (including weekly, bi-weekly and quarterly, respectively), and flexible leverages, including 1x, 5x, 10x and 20x. In the future, more digital currencies will be issued to meet various investment demands.
Meaning “currency” in Mandarin Chinese, Huobi consistently ranks as one of the world’s top ten largest exchanges by trade volume. In this article, we look at everything you need to know as a potential Huobi user. Let’s examine fees, fund security, customer experience and more.

User Interface and Mobile App

Available on iOS and Android, the Huobi mobile app features most of the functionalities available on the web platform. You can even complete tasks like account registration and verification directly via the app. In Google Play, the Huobi Global app has an average rating of 4.1 stars out of 3,730 reviews. However, in December 2018 and January 2019, some users have said that the Android app won’t let them login due to an error with Captcha. On the Apple App Store, Huobi boasts an average rating of 4.9 stars out of over 4,800 reviews.

Trading Options

Many centralized exchanges serve as the sole, centralized market maker. In contrast, Huobi also allows you to trade over the counter (OTC). This means that you can buy and sell cryptocurrencies peer-to-peer on Huobi. Even though this option exists on the exchange, it has yet to gain adoption from traders. Various commenters have said that there is a lack of OTC offers. Still, this is still an innovative technical feature.

If you are a margin trader, Houbi has a separate platform specifically for this. You can access this by going to the margin tab in the header. The amount of leverage you can have varies from coin-to-coin. For example, BTC is around 3x. Compared to other margin trading platforms, this is low. Nonetheless, it is an attractive option for potential users.

In December 2018, Huobi Derivative Market issued BTC contracts and ETH contracts (including weekly, bi-weekly and quarterly, respectively), and flexible leverages, including 1x, 5x, 10x and 20x. In the future, more digital currencies will be issued to meet various investment demands.

Huobi offers a margin trading option.

Security

Compared to other exchanges, Huobi continues to excel from a security perspective. Many top exchanges suffer from large-scale hacks, with varying results in terms of trading volume afterward. In 2015, a Bitstamp hacker withdrew 12,000 BTC from Huobi. However, this issue did not relate to the security of Huobi. Huobi reported a DDOS attack in 2015 but this did not cause a security breach. According to one review, an individual user lost USDT and EOS on Huobi. This reviewer states that the problem was caused by a technical error with Huobi’s 2FA. One comment suggests that it was the result of a phishing scam.

Huobi claims that its risk controls have been developed by the likes of Goldman Sachs. The exchange stores around 98 percent of funds in cold wallets. Moreover, Huobi now utilizes a decentralized exchange structure to prevent DDOS attacks. The exchange even has a User Protection Fund Initiative. Twenty percent of net revenue that the exchanges gains from trades will go to this fund, which it will use to buy back Huobi Token (HT). It also has a service called Huobi Security Reserve. As part of this, the exchange plans to store 20,000 BTC for insurance. This is a preventative measure that will help Huobi reimburse users in the case of any future hacks.

Huobi Fees

Huobi has a 0.2 percent fee that applies to both market makers and takers for amounts between $0 and $5,000,000 over the course of a 30-day period. In comparison, other top exchanges like Binance have 0.1 percent fees. Meanwhile, GDAX has 0.3 percent fees.

In January 2019, Huobi Global launched a tiered fee structure that significantly reduces fees for higher volume traders. This is relatively competitive when compared to other exchanges. Users also have the option to reduce trading fees on Huobi by becoming a VIP member. This involves paying a monthly payment of HT, which varies depending on the membership level (1-5).

Like most exchanges Huobi has no fees on deposits. However, Huobi does have withdrawal fees and minimums that vary from coin-to-coin. For example, withdrawing Bitcoin (BTC) costs 0.001 BTC, with a minimum withdrawal amount of 0.01 BTC. For Tether (USDT), the flat fee is 5 USDT and minimum withdrawal amount is 20 USDT. Overall, this means that Huobi fees are generally higher than most exchanges for lower withdrawal amounts. A few exceptions exist. For example, TUSD has a withdrawal minimum of $20 but a withdrawal fee of only $2.

Withdrawal Limitations

Similar to many exchanges on the market, Huobi has withdrawal limitations based on various levels of user verification. One thing you will notice is that withdrawal amounts vary greatly depending on your citizenship. For example, if you are a citizen of China, you can’t withdraw any funds as an unverified user or with level 1 verification. This option is only available at level 2 or above. In the United States, the exchange only requires level 1 verification. However, the amounts are relatively low: a daily limit of $2,000 and a monthly limit of $10,000.

Customer Service Experience

Compared to most exchanges, Huobi has above average customer service experience. Customer support is available 24/7, and response times only take two to three hours on average. Many consider this to be a rarity in the space.

There are two main methods that you can use to reach customer support. First, you can utilize the chat app that is available directly on the Huobi trading platform. Second, you can contact the team at [[email protected]](mailto:[email protected]). If you choose this option, Huobi asks that you use the registered email address associated with your Huobi account and include your user ID.

Huobi Website: https://www.huobi.vc/en-us/topic/invited/?invite_code=3afg5
UID: 134371568
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
submitted by asheroliver to u/asheroliver [link] [comments]

HUOBI EXCHANGE REVIEW

ABOUT HUOBI :
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA. This exchange is one of the top 50 cryptocurrency exchanges by trade volume. On the Coingecko chart of exchanges, Huobi Global occupies the third position. The exchange has more than 500 markets and supports over 220 cryptocurrencies. As Huobi provides an option to buy cryptocurrency with fiat money, this exchange is a gateway for people who enter the cryptocurrency world .

FEATURES :
Huobi Global has a really wide range of functions. First off, this exchange provides an opportunity to buy cryptocurrencies with fiat money using a credit card and other payment means. This option is delivered in the over-the-counter trading section (OTC). There is a menu line in the upper part of the website. It begins with "But Crypto". That's where one can see the OTC offerings provided by Huobi. One can buy or sell the following currencies: Bitcoin (BTC), Ether (ETH), Tether (USDT), EOS, XRP, Litecoin (LTC), Huobi Token (HT), Huobi stablecoin (HUSD), and Bitcoin Cash (BCH). Please note, that there are not so many offerings especially for certain currencies. Normally there are many options for buying BTC or USDT. The prices and payment methods vary from one trader to another. You can pay with a credit card, some traders accept payments via Western Union, AliPay, and other services.
There is a cryptocurrency exchange with hundreds of crypto-to-crypto pairs. The exchange supports market, limit and stop-limit orders. It gives traders some control over the situation and helps to secure the assets from trading in loss to some extent. In general, the exchange interface of Huobi is quite generic.
Those who have experience of trading on several other exchanges will find the interface familiar. It has a trading view with a candlestick chart on the left and the list of orders updating in real-time on the right. Under the charts, there is an order history. Under the list of market trades, there is a section where users can place orders. The candlestick chart is powered with numerous analysis tools and indicators.
What makes Huobi Global more attractive for traders is the support of margin trading. In all margin trading pairs the currencies are traded against Tether (USDT). There are 6 cryptocurrencies that can be traded with x3 leverage: Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), XRP, Ether (ETH), and EOS.
Huobi Global is aimed to provide service both to small investors and institutional traders. That's the reason why the platform offers institutional accounts with special opportunities for corporate customers. Among these features, there are colocation options and other tools that provide the opportunity of seamless high-frequency trading. Additionally, institutional accounts can get special OTC loans.
One more feature is trading derivatives. Huobi provides two separate interfaces for that purpose: Swap trading and Futures trading platforms on Huobi DM. Moreover, it is possible to participate in IEO trading via the Huobi exchange. This feature requires the use of the Huobi Token.

ASSETS AND INSTRUMENTS:
As mentioned, there are two types of instruments that you can trade on the Huobi derivatives platform. These are your traditional futures as well as the perpetual swaps or futures.
With these instruments, you are trading crypto on margin. This means that they are leveraged and your exposure is often many multiples of the amount that you have put down as collateral.
Now that we have a brief understanding of leverage, let’s take a look at the instruments on offer at the Huobi exchange.
Futures are instruments that allow the holder to buy or sell some asset in the future. Essentially, you are trading some future price of the instrument on the chose delivery date. In terms of expiry dates, they have weekly, bi-weekly and Quarterly which settle every Friday. In terms of expiry dates, they have weekly, bi-weekly and Quarterly which settle every Friday. When it comes to the specifics of the contract, they differ according to which asset is being traded. You should also take a look into the contract specifics in the Huobi docs. This includes such information as the index reference for the prices as well as your last trading price. The latter can only be done up till 10 minutes before the expiry.
Perpetual swaps are leveraged instruments that do not have have a delivery date. They are marked to market everyday and settle 3 times a day. They are sometimes also called “perpetual futures” at other exchanges.
The reason that they are called “Swaps” at Huobi Derivatives is because you are swapping the returns of one asset for the returns of another. Here, you are swapping crypto returns for returns on the US dollar.
At Huobi DM, the Perpetual swaps have leverage up to 125x and they are written on 5 different assets. These are Bitcoin and Ethereum with other coins to be added soon.

HUOBI APPS:
Huobi mobile app for iOS and Android are available. Similarly, the Huobi mobile app features most of the functionalities available on the web platform also. You can even complete tasks like account registration and verification directly via the app. In Google Play, the Huobi Global app has an average rating of 4.1 stars out of 3,730 reviews. However, in December 2018 and January 2019, some users have said that the Android app won’t let them login due to an error with Captcha. On the Apple App Store, Huobi boasts an average rating of 4.9 stars out of over 4,800 reviews.

API :
For those of you who are programmers, you will be happy to learn that Huobi global API can be used on the Futures and Swap markets.
There is both a websocket as well as a REST version available. It is suggested that you use the REST for one off operation to trade and withdraw. You should use the websocket for market data & order updates. You should also note that you can be a market maker on through the API.
If you want to start using the API then you will to get yourself an API key. This can easily be done in the API management of your account dashboard. Here you can select whether you would like it to be a read-only, Withdraw or Trade. You can also bind an IP address to this API so you can ensure than no other person will use your account even if compromised.

HUOBI FEES :
Huobi has a 0.2 % fee that applies to both market makers and takers for amounts between $0 and $5,000,000 over the course of a 30-day period. In comparison, other top exchanges like Binance have 0.1 percent fees. Actually, it has a fair trading fees structure and easy to remember also. Meanwhile, GDAX has 0.3 percent fees.
In January 2019, Huobi Global launched a tiered fee structure that significantly reduces fees for higher-volume traders. This is relatively competitive when compared to other exchanges. Users also have the option to reduce trading fees on Huobi by becoming a VIP member. This involves paying a monthly payment of HT, which varies depending on the membership level (1-5).
Like most exchanges, Huobi has no fees on deposits. However, Huobi does have withdrawal fees minimums that vary from coin-to-coin. For example, withdrawing Bitcoin (BTC) costs 0.001 BTC, with a minimum withdrawal amount of 0.01 BTC. For Tether (USDT), the flat fee is 5 USDT. And the minimum withdrawal amount is 20 USDT. Overall, the meaning- Huobi fees are generally higher than most exchanges for lower withdrawal amounts. A few exceptions exist. For example, TUSD has a withdrawal minimum of $20 but a withdrawal fee of only $2.

IS IT TRUSTWORTHY?
In contrast to other exchanges, Huobi receives a favorable score. First of all, it is incorporated and operated from Singapore. As we all know crypto regulations are advanced there. And promote blockchain startups always. Second, Huobi does provide users with multiple ways to safeguard their accounts. Although it is not enough. Essentially, 2-factor authentication is available using both SMS and authenticator apps. The platform does not require any special confirmation if the account is logged into from an unfamiliar IP address or location. There is no option to whitelist addresses for asset withdrawal, allowing funds to be sent to any address input. Furthermore, Huobi was never hacked. Even though they do present a lucrative target for attackers. Meaning, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. And we believe the exchange takes these threats seriously and does everything in their power to protect the exchange from hackers. Also, Huobi does store user funds in cold storage to restrict access to them. Actually, the exchange stores around 98 percent of funds in cold wallets.

SUPPORT :
Something else that is crucial to the entire trading experience is the level of support that the exchange provides. There is nothing more frustrating than having to wait hours for response from support.
When it comes to Huobi, there are actually quite a few options to reach their customer support. Perhaps the quickest and most effective way is through their live chat function. Firstly, they will try to help you with the available resources. If that does not work then you can reach out to a live agent.

CONCLUSION:
So, in summary. We really liked the Huobi futures products. It is not only highly functional but is also secure and leverags the expertise that the team have at the main Huobi exchange.
For the futures instruments, there is a decent range of assets and leverage. Markets are also pretty liquid and these are all traded on a simplistic yet technically able trading platform. It’s also great that you can trade on PC programs and mobile apps as well.
When it comes to security, they have taken all of the same precautions that are used on the main exchange. Their 20,000 BTC strong insurance fund keeps them well protected and they have not had a single clawback of trader funds since their inception.
Yes, there are areas for improvement but the exchanges is still evolving and building out functionality. One can only hope that they take trader suggestions into account.
So then, is it worth considering?
Well, if you are looking for a highly functional and secure futures exchange that is backed by one of the biggest names in the business, then it is well worth a try.

Huobi Website: https://www.huobi.com/en-us/topic/invited/?invite_code=czdh5
UID: 138138177
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
submitted by sreenthepotato to u/sreenthepotato [link] [comments]

Huobi Global- Best Cryptocurrency Exchange

Huobi Global is a leading & trustworthy brand since its establishment in 2013. Huobi provides 200+ of crypto assets to be tradable on Huobi Exchange with good volume and liquidity. Blockchain is relatively new but a disruptive technology for the future generations to come.Keeping this in mind, Huobi is providing more than 50 products and services in this ecosystem with well structured and best assistance.
Huobi is the biggest Brand in Eastern markets and now determines to establish in western Market too. There are millions of users from over 130+ countries all around the globe.
Huobi global values more than 8.7 billion dollar of crypto assets of the users which is tradable on the exchange which is approximately 4.5 % of total World’s maintained.
In December 2018, Huobi introduced the derivative market (Futures), from its very beginning, Huobi delivered and achieved valuable milestones in crypto space. Within 1 month, Huobi Hits 20 Billion of Future trading Volume.
In August, Huobi had the No.1 daily volume in the Entire market.
Within a year Huobi become the Top 3 exchange in the cryptospace.
Why Huobi Is better?
- Huobi has a great GUI.
- API is stable.
- Lots of volume and liquidity.
List of some services that Huobi offers-
Huobi Global, one of the safest and user friendly exchange in this cryptosphere. Huobi has the record of unhackable from its beginning. But still Huobi has make some deposits for users and for their fund security, Huobi has 20,000 BTC of funds available for the compensation to its users if someone unfortunately hack the Huobi Ecosystem.
Your Funds are safer from more than 6 yrs”
Huobi OTC, the place where Huobi enables its valuable customer to exchange their fiat currency into their favorite digital assets with simple and easy steps.
“Huobi mission is to make finance more efficient and wealth more accessible.”
Huobi Chat- Huobi own Social Media platform with over thousands of users already using this platform and creating connection in between the great crypto lovers. You can create subgroups as well as Huobi chat token (HCT), a sort of incentives to promote the platform.
“Let’s make the crypto space more valuable and interesting by connecting one another.”
Huobi Wallet, A multi chain light wallet which supports all of ERC-20 tokens. Huobi Wallet's users have the sole control over their own private keys and thus having the funds safer with them.
“Funds are always safe and always will be safe on Huobi Platform.”
Huobi Prime is a special coin launch platform on huobi platform, where a person having eligible amount of Huobi tokens can participate.
And the allocations will be allocated to beneficiary account in very next second after its end.
Huobi Fast Track is another demanding feature among the crypto users.
Huobi Labs, where Huobi will incubate more than incubate more than 500+ startup company and guide them to contribute in this disruptive space. Huobi Labs will support in all perspectives like proving guidance, marketing, assistance and development process etc. This is a great initiative by Huobi group.
Recently a big announcement was made regarding Huobi perpetual Swap. A derivative platform where user can short or long BTC according to research and technical analysis.
Huobi Futures has delivery date on weekly, monthly and quarterly basis. But with this perpetual swap there is no delivery date of your orders to execute until a force triggered action needed when your margin ratio is 0% .
Now what additional values which will Perpetual Swap offers
· No Platform Downtime.
· No loss of opportunities.
· Better Hedge for the Customers.
· Arbritage of Opportunities.
·Great liquidity and Volume.
· No Clawbacks.
Perpetual Swap is awesome, the crypto users who think that Crypto space should be much more bigger than this, now have the chance.
To celebrate Huobi perpetual Swap, Huobi is awarding 50,000$ rewards for the perpetual swap users.
Great chance to win, All the details are there in the link.
https://su-8093e18f196b3d42.jinshuju.com/f/dbiBBV
Huobi provides the 24/7 customer support for their users. Service offices are set up in Singapore, Japan, South Korea, UK, Hong Kong and many other countries to offer best of the services and maximize user experience to a long run.
Huobi Token (HT) is an exchange based token and native currency of the Huobi crypto exchange.
Huobi is always a great supporter of digital assets, as we all believe that digital assets will take this to the next level.
Visit
Huobi Global : https://www.hbg.com/ Huobi Cloud : https://www.huobicloud.com/ Huobi Wallet : https://www.huobiwallet.com/en/ Huobi App : https://www.hbg.com/en-us/download/
Join Indian Group https://t.me/huobiglobalindia
Global telegram Channel- https://t.me/huobiglobalofficial
Referral code- https://www.huobi.com/en-us/topic/invited/?invite_code=4x5f5
"Let's combine hands with Huobi and make Crypto space even better."
Over 3 Trillion Dollars of accumulative Volume on Huobi, Have you contributed?
submitted by jerry297 to HuobiGlobal [link] [comments]

Huobi Margin ve Futures(HuobiDM) Eğitimi How to trade crypto contracts on Huobi DM—PC version [Huobi Crypto Guide] How to LONG and SHORT using Huobi Hướng dẫn sử dụng Margin để Trade Coin trên sàn Huobi.Pro - Phần 2 How to trade on Margin on Huobi Global—PC version [Huobi ...

Huobi Margin Trading. The exchange offers margin trading. This type of trading can be a little bit complicating especially for novice traders. You borrow funds from a broker to trade cryptocurrency and this cryptocurrency acts as collateral for the loan the broker gave you. Both short and long positions can be taken. Huobi Global App. Fast trading anytime, anywhere. Scan QR code to download Huobi is focused on making a balanced cryptocurrency exchange, so you can do your altcoin shopping, margin and futures trading, as well as cryptocurrency purchasing all in one place. Frequently Asked Questions Margin trading is just BitVC’s first feature, and there are plans to support various digital currency derivatives and other “innovative financial products”, all based on Huobi’s API. Huobi Global provide secure,stable and reliable digital asset trading and asset management services to millions of users in over 130 countries around the world Margin Available On Orders Loaned

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Huobi Margin ve Futures(HuobiDM) Eğitimi

Huobi Exchange Step By Step Guide (Trading Tutorial) 2020 - Duration: 14:25. Hardc0re Crypt0 854 views. ... How to trade on Margin on Huobi Global—APP [Huobi Crypto Guide] ... Updated Tutorial here: https://youtu.be/88C3kBKohpM Binance save 10% on fees: https://www.binance.com/en/futures/ref/blockbuilders In this video I am going t... Lex van Dam Trading Academy 441,129 views. 58:53. Huobi Exchange Review, ... How to trade on Margin on Huobi Global—APP [Huobi Crypto Guide] - Duration: 3:24. Huobi Global 444 views. Contributed by Huobi Knight_ @hunnykaushal **Huobi Crypto Guide** [In development] www.hbg.com/en-us/guide **Follow us for more updates:** Telegram group: ht... Hướng Dẫn Margin Trading Trên BitMEX: Long & Short là gì, Cách Đóng Mở Position, Khái Niệm Leverage - Duration: 22:38. Thông Tin Đầu Tư Bitcoin 17,429 views 22:38

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