Huobi.Pro is a leading global digital asset exchange , low transaction costs and many customer gratitude events.
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https://www.huobi.pro/register/
In this article I will help you learn about the transaction fees on Huobi and how to minimize transaction fees, in addition we can take advantage of loopholes to make money.
I. Huobi's transaction fees is higher than other competitors?
Bittrex: All trades have a 0.25% commission.
Poloniex: 0,05% - 0,25%
Huobi's transaction fees:
Normal Account: https://www.huobi.pro/about/fee/
VIP Account: https://www.huobi.pro/about/fee/vip_fee/
How to reduce the transaction fees?
Just follow me, I will help you reduce the fee of transactions in an unexpected way.
There are 4 Option
Currently there is an unofficial OTC market for Huobi POINTS card. When HT was first being given out for free, some buyers bought huge volumes of point packages to receive the free HT points. Now, they are selling points at up to 75% discount – price is up to the seller. Any amount of points can be transacted and any all points can be transferred via Huobi’s platform.
Normal users get are charged 0.2%.
Link to POINT Card purchases: https://www.huobi.pro/ht/points/
Points Card OTC Telegram Group (Chinese version): https://t.me/joinchat/G6O76w5BEyjfnYY6UbIZXA
Points Card OTC Telegram Group (EN): https://t.me/hbpointcardotc
You will choose one of 4 plans!
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You can buy with USDT, BTC, BCH, LTC, ETH, ETC.
Please read the rules for Transfer of Point Card
You can check the number of Points Card are owned and transferred to others if you want.
Option A: VIP + Points packages + Super Rebate
VIP: There are 5 plans for the user, the user can choose the plan that suits and then register and get great deals from Huobi
Link to VIP: https://www.huobi.pro/ht/vip/
Points packages: There are 4 packages as follows
There are 4 packages as I mentioned in the previous section
- Package 100 only 90 USDT
- Package 1000 only 800 USDT
- Package 10000 only 7000 USDT
- Package 100000 only 50000 USDT
Super Rebate
Super Rebate is a rewards program for users, while also rewarding users to invite their relatives to join Huobi.
After your friend accepts the invitation, the corresponding rate of cashback will be generated when he make trades, which can produce fees.
The cashback will be sent to your account in the form of USDT or Points. The cashback rate of USDT and Points is 30%.
When the invitee uses the Point Card during a transaction, the cashback received by the inviter will be the equal number of Points. When the inviter does not use the Point Card during a transaction, the actual cashback received by the inviter will be converted into USDT.
The statistics of cashback is collected daily and is sent to your account the next day. The amount of cashback (USDT or Points) = the actual trading volume * fee rate * the cashback rate.
More information: https://www.huobi.pro/invite/
For example:
You with high trade can purchase VIP 2 package (600HT @USDT 2.7 = USDT 1,620/mth)..yes you should have hoarded HTs when it was trading at USDT 1.2
https://huobiglobal.zendesk.com/hc/en-us/articles/360000190611-VIP-Discount-Example
For a trade of USDT 5,000.
- Normal transaction fee is USDT10 or 0.2%
- VIP2 transaction fee is USDT8 i.e. 8 points
- If Points are purchased on OTC market -> actual cost for this transaction is USDT8 x 0.25 = USDT2 or 0.04%!
- Addition of Super Rebate -> net cost of USDT1.4 or 0.028%
*Note: VIP users will need a minimum trading volume to breakeven as they need to factor cost of VIP package.
Option B: Points packages + Super Rebate (No VIP)
For a trade of USDT 5,000.
- Normal transaction fee is USDT10 or 0.2%
- If Points are purchased on OTC market -> actual cost for this transaction is USDT10 x 0.25 or 0.05%!
- Addition of Super Rebate -> net cost of USDT1.75 or 0.035%!
With 2 options I mentioned above, you can see the transaction costs have fallen dramatically. Moreover, your main account also received commissions from extra account.
Good luck guys!!!