What is Huobi? 💧
Founded by Leon Li — Huobi is a cryptocurrency exchange founded in 2013 and is one of the biggest cryptocurrency exchanges today due to its having listed more than 500 coins and tokens.
Does Huobi allow users from Singapore? 🧐
No. Unfortunately, Huobi has restricted usage from people in Singapore; as per the Huobi Platform User Agreement.
Huobi alternative for Singapore ✨
Singaporean users can use FTX, a cryptocurrency exchange with both spot trading and futures trading functionalities.
Also, FTX has one of the lowest exchange and withdrawal fees compared to other exchanges. You can get the most of your money when buying and selling cryptocurrencies!
| Exchange | Maker fees | Taker fees |
| Huobi | .2% | .2% |
| FTX | .02% | .07% |
If you don’t have an FTX account yet, you can register through our link and get a 5% discount on fees here.
is FTX safe and secure? 🔒🤔
The FTX team seems to be doing a pretty good job in keeping the platform secure. But regardless, while FTX is a great platform to trade, we always recommend using a hardware wallet for holding coins and tokens for the long term.
Final thoughts 🗒
Trading or investing in cryptocurrencies is excellent and all that, but always make sure your funds are secure. We always recommend using a nice hardware wallet like a Ledger to achieve this.
