Automated trading on Huobi

Huobi is a trading platform from China, which has a global presence. It has been operating since 2013 and the platform is still confidently holding the top among the world’s largest exchanges. The trading platform allows for spot, margin, futures (perpetual contracts, options) and OTC trading. 

Exchange users can also engage in automated trading with the RevenueBot service. The service is one of the segment leaders and it is possible to trade with it on Huobi Spot and Huobi Futures USDT-M.

About Huobi

Huobi is a cryptocurrency trading platform that began in 2013. Today, it is used to trade cryptocurrency by experienced professionals and novice traders alike. 

When the platform first appeared, it could only be used by residents of China, but over time it has started to reach out to the rest of the world. Users of Huobi note the high data security of the cryptocurrency exchange. Thanks to its multi-lingual interface, you can use the exchange not only with knowledge of English. 

The trading platform had to cease operations in China in 2017. This was due to the fact that the country’s government launched a campaign against cryptocurrency exchanges and ICOs. Therefore, Huobi had to look for a new location to continue its operations. By the end of the year the platform had opened its headquarters in Singapore and also launched many branch offices.

The functionality of the trading platform

Huobi has features to suit both the experienced trader and the novice. 

  1. A built-in exchanger. Users of the Huobi exchange are able to trade cryptocurrencies, also exchanging them at the price the exchange offers. 

  1. There is margin trading on the trading platform. 

  1. Huobi Labs. If you have any project or start-up, with Huobi Labs you can raise additional funds for development, if you get investor approval 

  1. You can also become an investor in a cryptocurrency project if you are interested in it. This kind of investment can bring a good profit in the future if the project becomes successful. 

  1. Automated trading using a trading bot. As we mentioned earlier, users can trade in automated mode on the Huobi exchange. This became possible thanks to the RevenueBot, a service for creating trading bots.

About RevenueBot

RevenueBot, a service for creating trading bots, is one of the leaders of the segment. With its help, you can conduct automated trading on many of the world’s top cryptocurrency platforms. 

The service is trusted. This conclusion can be supported by the fact that there are almost no bad reviews about RevenueBot on the internet. The service has no hidden fees or pitfalls. Users only pay 20% on successful trades, but no more than 50 USD per month from each of the markets. 

Thanks to the built-in marketplace, users buy or sell ready-made trading bots. This can be an additional source of income for those who are well versed in bot settings and trading strategies.

About Neel Achary 21452 Articles
Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.