Compare Huobi Global vs Simex
On this page, you can compare Huobi Global with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Huobi Global was founded in 2013 in China. Simex was founded in 2015 in USA.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Huobi Global. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Huobi Global is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Huobi Global has a mobile app available for iOS and Android. Simex doesn't have a mobile app.
Huobi Global has 13 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT) and Turkish. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.
| Company | ||
|---|---|---|
| User rating | 3 user reviews | 7 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
User rating
| 3 user reviews | 7 user reviews |
Cryptogeek rating
Trust Score
How it worksAbout
|
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA.
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Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
Founding Date
| 2013 | 2015 |
Country
| China | USA |
Type
| Centralized | Centralized |
Languages
| English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Turkish | English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
Mobile app
| iOS, Android | - |
Full address
| Huobi Global Limited Suite 10, 3rd Floor, La Ciotat, Mont Fleuri, Mahe', Seychelles | 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
Fees
|
Maker 0.2% /Taker 0.2% Normal users (=1000 BTC) enjoy rates as low as maker 0.0098%, taker 0.0195%. To activate HT deduction, log into your Huobi Global account, scroll over to profile, select 'Fee Settings' and choose 'Use HT Deduction'. Learn it at https://huobiglobal.zendesk.com/hc/en-us/articles/360000340382. |
0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
| About |
Huobi is a cryptocurrency exchange founded in China in 2013. Currently, Huobi is based in Singapore because this country has friendlier cryptocurrency regulations. The company is registered in Seychelles. Before leaving China due to a cryptocurrency ban, the exchange was responsible for 90% of Bitcoin trading volume in this country. Now Huobi is an international platform with offices located in Singapore, Hong Kong, the United States, Japan, and Korea. In China, the company provides blockchain consulting services. Huobi has sub-exchanges: Huobi Korea, Huobi US, etc. Huobi Global is the biggest Huobi exchange. In November 2019 Huobi Global had to shut down all the accounts belonging to the US customers due to strict cryptocurrency regulations of the USA.
|
Simex was launched in Russia as a coin exchange in 2015. This platform has a great liquidity. The volume of the platform is more than $ 320 mln. The exchange has an interesting tool – the coin aggregator.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2015 |
| Country | Country China | Country USA |
| Type | Type Centralized | Type Centralized |
| Languages | Languages English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT), Turkish | Languages English, Korean, Russian, Chinese, Indonesian, Malay, Hindi |
| Mobile app | Mobile app iOS, Android | Mobile app - |
| Full address | Full address Huobi Global Limited Suite 10, 3rd Floor, La Ciotat, Mont Fleuri, Mahe', Seychelles | Full address 2770 S Maryland Pkw, Suite 300 Las Vegas, NV 89109 |
| Fees |
Fees
Maker 0.2% /Taker 0.2% Normal users (=1000 BTC) enjoy rates as low as maker 0.0098%, taker 0.0195%. To activate HT deduction, log into your Huobi Global account, scroll over to profile, select 'Fee Settings' and choose 'Use HT Deduction'. Learn it at https://huobiglobal.zendesk.com/hc/en-us/articles/360000340382. |
Fees 0.2% is the commission paid by the maker and the taker of a cryptocurrency transaction. |
Trading
Huobi Global trading volume is 666,973,478.0. The exchange has 469 available trading pairs. Fiat trading is available on the exchange. Margin trading is available.
Simex trading volume is 81,377,280.0. The exchange has 16 available trading pairs. Fiat trading is not available on the exchange. Margin trading is not available.
Please note: The bigger number of available trading pairs provides you with more trading opportunities, but may cause technological shortcomings at the same time.
Volume
| 666973478 | 81377280 |
Pairs
| 469 | 16 |
Coins
| 215 | 14 |
Fiat trading
| - |
Deposit
| Free | Free |
Fees
| Percentage | Percentage |
Margin
| - |
| Volume | Volume 666973478 | Volume 81377280 |
|---|---|---|
| Pairs | Pairs 469 | Pairs 16 |
| Coins | Coins 215 | Coins 14 |
| Fiat trading | Fiat trading | Fiat trading - |
| Deposit | Deposit Free | Deposit Free |
| Fees | Fees Percentage | Fees Percentage |
| Margin | Margin | Margin - |
Safety
Two factor authentication
Verified
| Verified | Unverified |
| Two factor authentication | Two factor authentication | Two factor authentication |
|---|---|---|
| Verified | Verified Verified | Verified Unverified |
Social
Website
| www.huobi.com | simex.global |
| @HuobiGlobal | @simexinvest |
Number of followers
| 127747 | 2223 |
| Website | Website www.huobi.com | Website simex.global |
|---|---|---|
| Twitter @HuobiGlobal | Twitter @simexinvest | |
| Number of followers | Number of followers 127747 | Number of followers 2223 |
Rating
| User rating | 3 user reviews | 7 user reviews |
|---|---|---|
| Cryptogeek rating |
Cryptogeek summary
Huobi Global user rating is 4.0, based on 3 user reviews. Simex user rating is 3.6, based on 7 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each exchange.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
|---|
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
On this page, you can compare Huobi Global with Simex. Which exchange is better to use? You can compare exchange characteristics, fees, trading features, safety, and social media presence.
At the end of this page, you can see our final ratings for both exchanges.
In the table below you can see general information on both exchanges. Huobi Global was founded in 2013 in China. Simex was founded in 2015 in USA.
When choosing an exchange for trading, you should take into account how long it has been an active market player. Older exchanges usually have a good reputation and tend to be more reliable. It may be a good decision to use the older exchange, which is Huobi Global. At the same time, newer projects may be more technologically advanced.
You should also pay attention to where the exchange is located. Some countries have strict financial regulations, which makes it difficult to seek court assistance when needed.
Huobi Global is Centralized and Simex is Centralized. You can read more about the pros and cons of centralized and decentralized exchanges in this article.
Huobi Global has a mobile app available for iOS and Android. Simex doesn't have a mobile app.
Huobi Global has 13 languages available, including English, Brazilian Portuguese, German, French, Spanish, Italian, Korean, Russian, Traditional Chinese, Simplified Chinese, Vietnamese, Portuguese (PT) and Turkish. Simex has 7 languages available, including English, Korean, Russian, Chinese, Indonesian, Malay and Hindi.