Binance and Huobi Global are the market leaders in cryptocurrency exchanges.

Both exchanges are known for their competitive trading fees and different crypto offerings that let you engage more with the crypto community.

However, while both exchanges are quite the same in many cases, several differences can be found.

Hence, as a trader, you must decide on an exchange that meets your requirements. So which is the best, Binance vs Huobi Global?

To help you out, I have drawn a comparison below:

Binance vs Huobi: At A Glance


Binance is known to be the largest cryptocurrency exchange out there operational since 2017. It supports a wide range of crypto tokens and lets you trade in different markets like spot, margin, futures, crypto options, and more.

Along with that, you can also enjoy other crypto features like DeFi staking, crypto loans, liquidity farming, and more. The exchange is suitable for both beginners and advanced traders.


Huobi Global is also one of the top cryptocurrency exchanges operational since 2018. It supports the most number of cryptocurrencies.

Plus, it lets you trade in all sorts of markets, spot, margin, or futures.

Huobi also offers you a lot of other features, such as copy trading, dual investment, staking, crypto loans, and more. The platform is also suitable for both beginners and advanced traders.

Binance vs Huobi Global: Types Of Trading Markets

When it comes to market availability, both of the exchanges stand in an equal position. So as a trader, you have the flexibility to choose a market type that suits you the most.

Product Offerings Of Binance Include:

  • Spot Market Trading
  • Margin Trading with 3x leverage for cross and 10x leverage for isolated trades.
  • USD-M Futures: Crypto futures contracts settled in USDT or BUSD.
  • Coin-M Contracts: Perpetual and quarterly futures contracts settled in cryptocurrencies.
  • Crypto Options

Talking about leverage, Binance offers maximum leverage of up to 125x for both USD-M and Coin-M futures contracts on BTC. For an ETH contract, the maximum leverage is 100x. However, the leverage varies from trading pair to pair.

Product Offerings Of Huobi Global Include:

  • Spot Trading
  • Margin Trading with 5x leverage.
  • USDT-M Perpetual and Quarterly Futures.
  • Coin-M Perpetual and Quarterly Futures.
  • Crypto Options

Overall, Binance is a better choice when it comes to market availability because of the Margin trading leverage. As it offers you 10x leverage for Isolated trades compared to Huobi’s 5x leverage.

Coming to leverage, Huobi Futures support maximum leverage of up to 200x. However, you will only get 125x, 150x, and even 200x leverage for BTC and ETH contracts on Huobi Futures.

Winner: Binance

Binance vs Huobi Global: Supported Cryptocurrencies & Leverage

A lot of users don’t just use a crypto exchange for trading. But they also want to invest and grow their crypto portfolio, and this is where supported tokens can be a crucial factor.

If an exchange supports a larger number of coins, you get to expand your crypto portfolio and invest in coins that have a potential future.

When it comes to supported crypto tokens, there are more than 500 cryptocurrencies listed on Binance. You will find a list of both cryptocurrencies, altcoins, and newer crypto coins. You can trade in all sorts of coins, such as:

  • BTC
  • ETH
  • BNX
  • SOL
  • SHIB
  • PERP

On the other hand, Huobi offers more than 1,000 types of cryptos that include major crypto tokens like:

  • BTC
  • ETH
  • LTC
  • HT
  • SHIB
  • DOGE
  • SOL
  • USDT

The bottom line is that, on both exchanges, you will find the major cryptocurrencies. But from an investment perspective, if you want to invest in newer coins, Huobi can be a great help.

Winner: Huobi

Binance vs Huobi Global: Trading Fees

Trading fees are crucial for any trader as they can impact your overall profits or losses. Hence, an exchange with a low trading fee would be beneficial.

Both Binance and Huobi have a tiered fee structure for the spot and futures markets. So the bigger your 30 days trading volume is, the less you have to pay as the trading fee.

Spot Market Trading Fee

Talking about Binance, spot trading has different levels. Regular users with a trading volume of less than 1,000,000 BUSD will be charged a maker-and-taker fee of 0.1000%.

However, Binance does offer you 25% off on trading fees if you pay the trading fee using BNB. So for regular users, the maker and trading fee would be 0.0750%.

binance Spot Market Trading Fee

If you talk about Binance’s highest level VIP 9, it requires your 30 days trading volume to be 4,000,000,000 BUSD and have 5,000 BNB in your account.

In that case, your maker and taker fee would be 0.0200% and 0.0400%, respectively, and for BNB discounted trading fee, it would be 0.0150% and 0.0300%.

On the other hand, Huobi has a general tired fee structure for normal users. Normal users are charged about 0.2000% as the base fee rate. But just like Binance, if you hold HT tokens, you can avail of discounts ranging from 10% to 65%.

huobi normal fee structure

Huobi also has a professional trader tired fee structure where the level 1 users are required to trade 700 BTC volume over a 30days trading period and have 2,000 HT tokens. Then the charges would be 0.0362% as the maker and 0.0462% as the taker fee.

huobi professional trader tiered fees

Futures Trading Fees

Binance’s futures trading fee has a similar fee structure for both USD-M and COIN-M futures.

The regular users are charged about 0.0200% and 0.0400% as the maker and taker fee, and with BNB, you can avail 10% off. So the revised maker and taker fee would be 0.0180% and 0.0360% when you trade using USDT.

binance Spot Market Trading Fee

If you trade using BUSD, the maker and taker fees would be 0.0120% and 0.0300%, and with BNB 10% off, it would be 0.0108% and 0.0270% as the maker and taker fees.

On the other hand, for futures trading, Huobi charges you a standard fee structure which is 0.02% as the maker and 0.04% as the taker fees.

There is also a delivery fee, which only occurs if you fail to close your position before the contract’s expiry date. In that case, you will have to pay 0.015% for BTC contracts and 0.05% for any other futures contract.

Deposit & Withdrawal Fees

Coming to deposit fees, Binance doesn’t charge you for deposits. However, if you choose to deposit fiat, a transaction fee will occur depending on your selection of payment method.

The same goes for withdrawal fees; if you withdraw fiat, there is no need to pay any withdrawal fees for certain currencies. But for certain currencies, Binance does charge you a trading fee. Also, if you are withdrawing crypto, it will be subject to a network fee.

Huobi also doesn’t charge you for deposits. But for fiat deposits, there is a transaction fee. Also, you will be charged with dynamic withdrawal fees, which are charged according to the current network conditions.

So the winner, in this case, would be Binance. It has a pretty clean fee structure that is easier for newbies to understand than Huobi’s fee structure split between normal and professional traders.

Winner: Binance

Binance vs Huobi Global: KYC Requirements

Thanks to the ongoing rules and regulations, KYC is made mandatory for many cryptocurrency exchanges, including Binance.

This Binance to start using Binance, you would need to complete KYC verification.

The moment you sign up on the exchange, it will ask you to verify your account. Without verifying your account, you won’t be able to access the dashboard, deposit funds, or trade.

On the other hand, using Huobi KYC is not mandatory. There are many features that can be accessed without needing to complete KYC on Huobi.

KYC Limitations

Talking about KYC limitations, Binance made KYC mandatory. So to use the exchange, you would need to verify your account using a government ID.

On the other hand, Huobi can be used without KYC to an extent. But there are certain limitations. First, you cannot deposit or withdraw fiat without completing KYC. You can still trade on the platform by depositing crypto from a wallet or exchange.

Secondly, if you wish to deposit or withdraw funds using P2P, then other buyers/sellers often require verified accounts.

So the winner, in this case, would be Huobi as it allows you to trade without needing to complete KYC.

Winner: Huobi

Binance vs Huobi Global: Account Funding Methods

Both Binance and Huobi Global offer you a wide range of methods to fund your accounts. The most common one across both exchanges is P2P.

P2P can be used for both depositing and withdrawing funds without any additional charges, and that is to use your local available payment methods.

Or you can deposit crypto tokens from a wallet or any other exchange to the respective crypto exchange’s wallet.


  • Method 1: Directly deposit fiat using Bank cards like debit/credit, but it will incur about a 1.8% transaction fee.
  • Method 2: Use third-party payment options, such as Advcash Account Balance. The third-party payment option would vary depending on where you are located.

Huobi Global

  • Method 1: You can deposit fiat using your debit or credit card, but there will be charges depending on your chosen fiat currency. 
  • Method 2: Alternatively, you can use any other third-party payment options like skrill.

Finally, both exchanges have similar options for depositing fiat currencies and charges. The charges and payment method would depend on your fiat currency.

Winner: Tie

Binance vs Huobi Global: Trading & Platform Experience

Both the crypto exchanges are super easy to use, and you would find similar features, order types, leverages for different crypto trading pairs, easy-to-use mobile apps, and more.

If you talk about Binance, it has a robust trading platform.

Being one of the largest trading platforms, it offers you deep liquidity, which allows you to execute your trades instantly and at your desired price. Moreover, Binance also can handle up to 1.4 million transactions per second.

binance futures

Some of the features that Binance offers are:

  • Charts & TradingView with indicators support
  • Order book & Order Menu
  • Order History
  • Trading pair details
  • Mobile app

On the other hand, Huobi is also a pretty powerful trading platform. It offers you 100% uptime and has the capacity to handle 100k transactions per second.

On top of that, you get other features, mark and index price, order book, and deep liquidity for a smoother trading experience.

huobi trading ui

Some of the features that Huobi Global offers are:

  • Charts & TradingView with indicators support
  • Order book
  • Transaction history
  • Position History
  • Mobile app

However, the winner would be Binance, as it offers you deep liquidity and has a solid trading platform for both web and mobile devices.

Winner: Binance

Binance vs Huobi Global: Customer Support

Finally, it comes down to customer support; both exchanges are excellent at it.

Binance offers you support through its chat portal, where the Binance bot will help you solve your common problems. Additionally, you can also talk to a live support agent for further help.

binance support

Apart from chat support, Binance also extends its support through Twitter and other social media channels. You can reach out to them at their Twitter channel @BinanceHelpDesk.

On the other hand, Huobi offers you a support chat option where you will find answers to the most common questions. Or the chat can be used to connect with a support agent.

However, they don’t have any special Twitter account from which you can seek support, but you can email them.

huobi support

Overall, both exchanges are equal when it comes to offering their support. However, Binance has more channels for offering help and has a lesser response time compared to Huobi.

Winner: Binance

How to Open a Binance Account?

  • First, go to and click on the Register button.
  •  Next, fill in your details like Email and password, and follow the onscreen steps to create your account.
  • Now complete your basic verification by following all the onscreen steps.
  •  Once done, you are all set to start trading.

How to Open a Huobi Account?

  • First, go to and click on the Signup button.
  • Enter your email or phone number and signup.
  • Verify your email account, and you are all set to start trading.


Between Binance vs Huobi Global, Binance stands out as the clear winner. First, it is the largest crypto exchange that comes with deep liquidity.

Secondly, over the years, the exchange has built its name and has a lesser risk of being closed than other exchanges. Plus, it offers you competitive trading fees.

But I see Huobi not as a loser.

Instead, the crypto exchange is also pretty solid and has all the features Binance offers. But its complex fee structure is on the downside.

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