Best Exchanges to buy Huobi Token 2022 Pros and Cons

Where to buy Huobi Token

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Huobi Token (HT) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Huobi Token.

1. Huobi Global

Huobi Pro is obviously and trades with lofty goals, as seen by its present aggressive worldwide expansion plan. As a trading platform, the exchange has few competitors in the cryptocurrency sector, and the breadth of digital currencies and tokens supported is a genuine strength. The alternative HADAX market will also earn many followers, and Huobi made a wise decision.

The registration procedure for traders who are not from China, Hong Kong, or Singapore is currently more difficult than ideal, but as local versions of the exchange come up in the United States and other Western countries, this should improve.

Getting Started with Huobi Global

To create an account on Huobi Global Exchange follow these steps:

Step 1: Go to the official website and On the top right of the page, click "Sign up."

Step 2: Choose "Country," enter your mobile phone number in the "Phone" field, create a password, and then click "register."

Step 3: To complete registration, enter the verification code.

Step 4: To finish the KYC verification procedure and unlock larger withdrawal limits.

How to buy Huobi Token on Huobi Global

Follow the steps below to buy Huobi Token (HT) on Huobi Global: First and foremost, please ensure that you have sufficient USDT assets in your balance.

1. Visit Huobi global website. On the home page, select Huobi Token, and then on the next page, click "Buy Crypto"

2. Within 45 seconds, enter the entire amount of money you want to spend or the total number of HT you wish to acquire. Then, choose "Order." Next, select a payment option and transfer funds straight to the seller using the information given.

3. Then, using the payment option you selected, transmit the complete amount of money within the time period specified. Following payment completion, please click "Paid".

4. If all of the information is accurate, "Confirm" to confirm that you have finished the payment.

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2. Gate.io

Gate.io is a Cryptocurrency exchanges platform that allows you to trade Bitcoin, Litecoin, Eth, and other blockchain assets. Within a few years, the exchange acquired global traction and is today available in virtually every country on the planet. However, the platform is presently not active in China, and its registered office has been relocated to Virginia, USA.

This trading platform not only supports over 800 main cryptocurrencies with over 1,000 trading pairings, but it also offers spot trade and margin trade. It has also expanded its offerings to include ETFs, options, futures, and derivatives for investors. It is primarily a platform for professional traders. Beginners with minimal expertise, on the other hand, will benefit from this platform as well.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.

Gate.io Pros

• The platform is available in over 400 markets and 800 coins worldwide.
• The IEO (initial exchange offering) platform is fantastic.
• Strong mobile application.
• There are several options available, including spot trading and margin trading with 10x leverage.
• Exchange that is extremely secure.
• Customer service is available 24/7.

Gate.io Cons

• The exchange is unregulated.
• It is not advised for inexperienced traders.

How to buy Huobi Token on Gate.io

Follow our step by step guide to buy Huobi Token (HT) on gate.io:

1. Log in to your Account on Gate.io.

2. Click Buy Crypto fro main menu located at top bar. Here you will find three ways to buy HT coin (Credit card, Bank Transfer, P2P Trade).

3. Enter the purchase amount in USD. Now select/search Huobi Token from dropdown menu.

4. Incase of Credit card, gate.io offer multiple processing partners, select the one that offer services in your country.

5. Accept the terms and conditions and click Purchase.

Now you are Proud investor in Huobi Token (HT).

If you want to buy Huobi Token with another cryptocurrency. First, Transfer that currency into the Gate.io exchange using Deposit method after that go to the market page, search for HT and buy it using your deposit cryptocurrency.

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3. FTX

FTX is a cryptocurrency exchange with a wide range of assets. It is mostly used for trading crypto derivatives. FTX is well-known for its Bitcoin options trading. With 45 or more FTX leveraged tokens, this platform attracts the attention of hundreds of traders from all over the world. The crypto exchange offers a variety of features, including 101x leverage and 20+ perpetual swaps.

However, bitcoin traders in the United States are unable to use the site. FTX Exchange has a high amount of liquidity. It has the ability to back deals worth millions of dollars. Despite market instability, the exchange provides choices to its consumers. Overall, FTX provides the greatest products for expert crypto traders all around the world.

FTX Features

Users will find a lot to like about FTX, and we've highlighted the top features and benefits of utilizing this platform below.

1. Mobile software for iOS and Android that allows you to quickly and simply exchange one coin or money for another.
2. More than 130 different cryptocurrencies are supported.
3. Low trading costs are offered, as are discounts.
4. Staking is now available, allowing you to earn interest on your bitcoin.
5. For rewards, hold and stake FTX's token (FTT).
6. NFT exchange - buy and sell NFTs.
7. 1% of all net fees are donated to charity.
8. FTX Pay allows you to get paid in either cash or cryptocurrency.
9. Futures, stocks, leveraged tokens, volatility, and currency are examples of advanced markets.
10. Exchange is extremely secure - suspicious behavior is detected

How to buy Huobi Token on FTX

Buying Huobi Token on FTX Exchange is pretty easy and you can follow the below guide to purchase your first HT

1. Log in to your FTX account.

2. On the upper right-hand side, click Wallet.

3. Select the asset you want to Deposit by clicking the Deposit button.

4. Enter the amount you want to buy in crypto or your local money.

5. Choose a payment method. To confirm your purchase, click Deposit USD (you can always click the back arrow to make a change).

6. If all of the information is accurate, click Buy to complete your transaction.

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Other Exchanges to buy Huobi Token

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy HT.

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Buy Huobi Token on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Huobi Token (HT) easily.

1. OpenOcean

OpenOcean is a decentralized exchange that aggregates derivatives, lending products, and insurance products on multiple blockchains.

They also have a large community of existing users. The company's roadmap is full of exciting features. Additionally, the platform is transparent when it comes to trading fees and aims to offer optimal user experience for its users.

If you're a crypto investor and want to buy using decentralized exchange, OpenOcean can be the right choice for you.

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2. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Pros

• It maintains your anonymity because it does not require KYC or registration.
• You have complete control over your tokens.
• On Uniswap, users may exchange flash swaps.
• Transaction costs are split between Uniswap and liquidity providers for maintaining a healthy growth rate.

Uniswap (v3) Cons

• It only supports ECR-20 tokens.
• The frequency of bogus tokens as a result of open listing.
• Flash swaps can result in cyber-attacks.

How to buy Huobi Token on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Huobi Token purchase on Uniswap.

Uniswap allows you to buy Huobi Token (HT) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Huobi Token), You can also search Huobi Token (HT) in Coinmarketcap and copy/paste the HT contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.

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Conclusion

Choosing the best cryptocurrency platform for Huobi Token (HT) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.

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