Currently, there is a hot talk on digital currencies all over the world. Digital currency is also treated equally to share markets and commodities. So many people started to trade a wide variety of digital currencies in the crypto exchanges. The crypto exchange is one of the finest online businesses to reap more profits in a short period.
As for now, there are many popular crypto exchanges in the crypto market. Such as binance, coinbase, local bitcoins, Huobi, and other crypto exchanges. Presently, many startups are emerging towards the crypto exchange business. Because there are many crypto exchanges started by the startups who are now a millionaire. Likewise, Huobi is one of those crypto exchanges.
You might think earning an enormous amount of profit is impossible. But the truth is, you can earn it. But it is possible only if you develop your own cryptocurrency exchange like Huobi. Now, you will have a question in your mind: Can I start a crypto exchange like Huobi?. Yes, it is possible anyone can start an exchange like Huobi using our Huobi clone script. But before that, you must have an in-depth knowledge of the Huobi crypto exchange.
This blog explores all the things you need to know about the Huobi exchange and Huobi clone script. Let us begin with…
What is a Huobi Clone Script?
Houbi clone script is a tailor-made clone script. This huobi website clone includes all the existing features, functionalities, and plugins like Huobi exchange. By using this clone script you can easily launch an exchange like Huobi. Our huobi clone script is completely developed, tested, designed, and ready for deployment. Also, our script includes all the current features of the Huobi exchange.
What is Huobi?
Huobi is one of the popular Singapore-based cryptocurrency exchanges since 2013. Huobi exchange was first developed in China by Leon Li. but later on, the headquarters was entirely shifted to Singapore in 2017. It is due to the government raised the ban on cryptocurrency exchanges and cryptos in China. This exchange has also released the token in the crypto marketplace. The name Huobi refers to the ‘hot currency’ in Chinese.
This exchange allows the user to trade, buy, and sell major cryptocurrencies. Such as bitcoin, ethereum, tether, bitcoin cash, EOS, XRP, and more. One can buy these cryptos using their fiat currencies. Like USD, INR, CNY, EUR, and other traditional currencies. This exchange has high-end security features to provide secure transactions between the users.
Huobi exchange expands its phase and its service to various countries. Such as Korea, Japan, Russia, Hong Kong, and the US. They are also aiming to get a partnership with each country that moves into braille, middle east, and European markets. Even though Huobi has a top-level security system for transactions, many people have a question in their mind like…
Is Huobi Safe to Trade?
It is one of the leading crypto exchanges in the market and it has been operating since 2013. So it is safe to trade at huobi exchange. Currently, they are serving more than millions of active users. Also, managing millions of dollars. In addition to this, 98% of the cryptocurrencies are stored in cold storage. Recently, this exchange made some brand adjustments. Like providing support for many altcoins and stable coins. Also, with its own invention HUSD which is a USD backed stable coin.
How does a Huobi Clone Script Work?
The Huobi clone script works the same as the Huobi exchange. This exchange has been so long in the field of cryptocurrencies. Let us see how this exchange works with a simple example. If you are buying a bitcoin on the Huobi exchange…
- First, you need to register and open an account by filling up the required details. Such as user name, email address, and contact number.
- Secondly, you need to complete your KFC/AML verification.
- Then, you need to log in to your Huobi account or sign up in with your account
- Then click on buy crypto which will be available in the top left corner. Then it shows a window with an option like quick buy/Sell and P2P market. You can choose anyone either P2P market or Quick buy/sell.
- Then choose which fiat currency you want to pay for buying the crypto and then select Bitcoin
- You can only use a credit card for purchasing a bitcoin
- Next on the order screen, confirm the payment method, amount, and place the order by clicking Go to simplex.
- Fill in your credit card information. Also, you need to provide some personal data and proceed with your order
- Finally, Simplex will send your Bitcoin to your Huobi wallet.
If you want to withdraw your profits, you can go to the Balances tab and click on withdraw. There will be a list of all your cryptocurrencies. Choose the crypto coin that you want to withdraw. Then, enter the wallet address and click on the withdraw button which will be at the bottom of the screen. Your transaction will be completed within 5 to 30 minutes depending on the crypto coin. This is the working mechanism of the Huobi crypto exchange.
Why should one start a Crypto Exchange Like Huobi?
Huobi is one of the largest and most popular exchanges. They have more than a million active crypto users. In terms of volume trading and liquidity, they are high. Their primary motto is to provide users and investors a professional, secure, and trustworthy exchange platform.
This exchange has high traffic due to the low transition fees for users. Previously, the transaction fee for sellers is 0.025% & for buyers is 0.015%. But now, for both the buyer and seller transaction fees is 0.20%. If you are starting an exchange like huobi, then you can also charge 0.20% transaction fees from the users. So that you can earn profitable money. There are also other reasons to start an exchange like huobi. So let us look at them…
- There is no chance of hacking or cyber-attacks. Because this exchange provides high-end security for the users.
- Nervous will join hands with Huobi exchange to speed up the future of decentralized finance.
- This exchange offers a margin trading feature that can be accessed in over 130 countries across the globe. Also, it holds over $1 billion in different assets.
- Their business has expanded from exchange to all kinds of blockchain business. Such as the Crypto wallet, Mining pool, an investment arm, Research institute, Huobi news, Huobi chat, and Huobi public chain. Also, they expanded their business in other industries
- The crew started their business with 300 people at the beginning. But now, it has exceeded more than 1300 people.
- KYC/AML verification is mandatory for all users.
- Binance has its own crypto coin named BNB. Likewise, Huobi has its own token named Huobi token to upsurge the user engagement.
- Huobi token provides the voting rights on exchange decisions. Also, this token can be traded on other exchange platforms. Such as Huobi global, HADAX, and Bibox.
- They have an option called Huobi OTC. This Huobi OTC acts as a trading bridge between fiat and cryptocurrency
By considering these reasons, you can start an exchange like Huobi. Now, let us see…
How to Start an Exchange Like Huobi?
If you want to start a crypto exchange like Huobi exchange, then you need to buy a premium Huobi website clone. This is a ready-made Bitcoin Exchange Script with which you can launch your custom exchange platform similar to Huobi exchange. Thus, you can start your own exchange platform similar to the Huobi exchange within a few days. Here we list some steps that you need to take into consideration for starting an exchange like Huobi.
- Come up with a unique set of Business requirements to stand out from the crowd.
- Note the pros and cons of the existing Huobi exchange. Also, try to resolve them on your exchange platform.
- Check out the jurisdictions in the country you are planning to launch. Because in some countries digital currencies are completely banned. So check twice before launching your exchange in any country.
- Make sure that you have the required amount of funds for building an exchange like Huobi.
- Get in touch with the top-notch cryptocurrency exchange script provider like to get a bug-free Huobi Clone Script.
- Check out whether the high-end security systems and advanced features are integrated into the exchange platform.
- Deploy your crypto exchange with the support of the professional crypto exchange solution provider
- Finally, Start marketing your exchange platform to global crypto traders.
Follow these steps to build a crypto exchange like Huobi in a hassle-free manner. Also, you can customize the desired features as per your business needs by using a Huobi website clone.
Key features of Huobi Exchange
Huobi exchange offers salient features for its global crypto users. They are
- Asset management
- Credit card payments
- Secure storage facility
- Trigger order types based on P/L ratio
- Informative charts
- Spot trading
- Margin trading
- Brokerage (OTC)
- Locking and mining
- Pool savings
- C2C lending
Desirable Features of our Huobi Clone script
As we know that features will always play a crucial role in all the crypto trading platforms. Because every user first checks the features available in the crypto exchange and then they create an account for the trading process. So your trading features should be more effective for the users. Also, it might attract many crypto-traders from various countries and it increases the user base. We integrate some outstanding features in our Huobi clone script. Such as
- Limit order, Market order, and Stop order
- Margin trading
- Cryptocurrency wallet integration
- IEO module
- Liquidity API
- Referral program
- Admin dashboard and user dashboard
- Payment gateway integration
- Site API
- Trade engine
- Automatic KYC/AML verifications
- Atomic swaps
We people in the coinsclone will integrate these features on our Huobi clone script. So that your users can get a better trading experience.
Benefits of Using Huobi Clone Script
- The deployment process is simple and easy
- Highly secured and has an attractive user-friendly interface
- Supports multiple cryptocurrencies and tokens
- Multi-language support
- Fast and secure transactions
- You can access anywhere at any time
- You can get 24/7 instant technical and customer support
- Integration of advanced trading features and security features.
- Capable of processing a wide range of transactions per second.
Why choose Coinsclone for Huobi Clone Script?
Coinsclone, the top-rated cryptocurrency exchange script provider in the crypto space. We have years of experience in offering various kinds of crypto solutions with the perfect outcomes. Also, Coinsclone is one of the pioneers in the crypto industry. We have an experienced team of developers to complete the clientele project at the desired time. Our huobi clone script comes with all the benefits that are mentioned above. Our clone scripts are user-friendly, so even noobs in this field can easily trade cryptocurrencies.
If you are planning to start an exchange like Huobi, then it is the right time. Buy our feature-rich Huobi clone script at a reasonable price. So that you can launch an exchange similar to Huobi within a few days.
Talk to our experts and get a free live demo of the Huobi Clone script now!