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Differences and choices of exchanges
Home web3.0 The difference between Binance and Huobi. Which one is more suitable for beginners

The difference between Binance and Huobi. Which one is more suitable for beginners

Jun 27, 2025 pm 05:54 PM
Blockchain tool binance cryptocurrency the difference Binance exchange Huobi Mainstream coins cryptocurrency trading Binancebinance

Choosing a suitable cryptocurrency exchange is an important step into the world of digital assets. There are many platforms on the market that have their own emphasis on functions, services, fees and user experience. Binance and Huobi are two of the major exchanges with global influence, and for newbies new to cryptocurrencies, understanding their characteristics and differences will help make choices that are more suitable for them.

Binance

Founded in 2017, Binance has rapidly grown into a global large cryptocurrency exchange by trading volume. The platform provides an extremely wide range of digital asset options and supports a variety of trading models, including spot, contracts, options, etc. Binance is also actively expanding its ecosystem, covering areas such as blockchain research, investment, decentralized finance (DeFi) and non-fungible token (NFT) markets. Its platform has powerful functions and rich options, can meet the needs of users at different levels, and has a huge user base and liquidity .

Huobi htx

Founded in 2013, Huobi is one of the long-standing exchanges in the cryptocurrency industry. It provides users with digital asset trading and related services worldwide, including spot trading, leveraged trading, derivatives and financial products. Huobi is well-known for its stable operations and deep cultivation in the Asian market, and has accumulated a good reputation over the years. The platform focuses on compliance development and provides relatively comprehensive trading tools, aiming to provide users with a safe and reliable trading environment .

The difference between Binance and Huobi. Which one is more suitable for beginners - php Chinese

Differences and choices of exchanges

When comparing Binance and Huobi, you can consider it from multiple perspectives, especially for beginners, the ease of use, security and support provided are key factors.

1. Market coverage and currency diversity : Binance is usually more active in launching new currencies, providing more small-cap and innovative token trading pairs. The number of trading pairs in its spot market is very large, and liquidity is also extremely advantageous worldwide. Although Huobi’s currency is not as large as Binance, it also covers mainstream and many important cryptocurrencies and maintains good liquidity in its advantageous regional markets. For novices who want to try different currencies, Binance may have a wider choice, but Huobi is enough to meet mainstream trading needs.

2. User interface and operation experience : Both platforms provide complete web page and mobile applications. Binance has a lot of interface function modules. Novices may feel that the amount of information is large for the first time using it, and they need to spend time familiarizing themselves with the location and uses of various functions. Huobi's interface design is considered more intuitive and concise by some users. For novices who only conduct basic spot trading, their operating procedures may be easier to understand and master. A simple and easy-to-understand interface is very friendly to introductory users.

3. Transaction fee structure : Binance and Huobi both have a graded rate system, and the basic transaction fee level is close. Users can get transaction fees discounts by holding platform coins (Binance Coin BNB or Huobi HT), which is a common way to reduce costs . For beginners with small transaction volumes, the basic fee rate and platform currency discount mechanism are details that need to be paid attention to.

4. Security measures and compliance : Security is the primary factor in choosing an exchange. Binance and Huobi both adopt industry-standard security technologies such as hot and cold account separation, multiple signatures, and have established user protection funds. The two exchanges are also constantly adapting to changes in regulatory policies in different countries and regions. Newbie should pay attention to the platform's security history and its compliance in major operating areas.

5. Educational Resources and Customer Support : Binance provides rich learning resources such as Binance Academy to help beginners understand blockchain knowledge, transaction skills and platform usage guide. Huobi also provides online customer service and a series of user tutorials. A complete newbie guidance and a responsive customer service system can effectively help newbies solve problems encountered.

Which one is more suitable for beginners depends on your individual learning curve and preferences. If novices don't mind spending some time learning a platform with comprehensive features and a wide variety of currencies, Binance is a good choice. If novices want to get started with basic trading quickly and prefer a simpler interface, Huobi may be more suitable. You can start by trading mainstream currencies and choose a platform with a friendly interface, safe and reliable interface , and provides sufficient learning resources. Many users will choose to start their cryptocurrency trading journey in one of the two platforms.

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