How to Access Huobi Global Globally Without Regional Locks
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By Farrukh Mushtaq
Farrukh Mushtaq
See author profileFarrukh Mushtaq, a digital marketer at PureSquare, possesses a keen interest in cybersecurity and enjoys writing about it. With several years of experience in the digital marketing industry, he brings expertise and passion to his work.
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14 January 2025
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13 mins read
Looking forward to trading in 1600+ trading pairs on Huobi Global? You have made the right choice as Huobi Global is best known for high liquidity and narrow bid-ask spread, but can be restricted in certain countries due to licensing & regulatory issues.
But there is a solution! You can easily bypass region restrictions using a VPN and switch to a virtual location where Huobi Global works seamlessly. The guide covers the reasons you must use a VPN to avoid any limitations while making transactions safely!
What is Huobi Global?
Huobi Global is a leading crypto exchange established in 2013, has high trading volume, and is ranked among the top globally. It offers diverse services like spot and derivatives trading, staking, and lending. With over 1,600 trading pairs, Huobi provides extensive options including margin trading, peer-to-peer transactions, and innovative investment products.
How to Access Huobi Global Without Region Limits
The platform has some restricted jurisdictions, which can easily be bypassed through a VPN. Here’s what you need to do:
- Try PureVPN for $0.99.
- Download the app for your device and sign in.
- Connect to the server where Huobi Global is freely working.
- You can now trade, invest, and get returns!
What Countries Are Restricted by Huobi Global?
According to the HTX user agreement, updated on 13 July 2023, some of the regions are restricted from using the platform, including:
Prohibited from Using All Services:
- Mainland China
- USA
- Cuba
- Iran
- North Korea
- Sudan
- Syria
- Venezuela
- Hong Kong China
- Singapore
- Myanmar
Prohibited from Trading in Derivatives:
- Taiwan China
- Israel
- Iraq
- Bangladesh
- Bolivia
- Ecuador
- Kyrgyzstan
- Sevastopol
- Spain
- United Kingdom (Retail Users Only)
- New Zealand
Why is Huobi Global Banned in Some Regions?
Huobi Global faces operational restrictions in several regions due to some challenges.
- Regulatory Non-Compliance
In jurisdictions like the US and Mainland China, Huobi has not met local regulatory requirements for operating a cryptocurrency exchange. This has led to complete service bans in these regions.
- Sanctions and Legal Restrictions
International sanctions imposed on countries like Cuba, Iran, and North Korea prohibit financial services from being offered by companies like Huobi.
- Local Regulatory Actions
In regions like Hong Kong and Singapore, regulators have either explicitly banned Huobi or required it to cease operations due to non-compliance with local laws.
- Restrictions on Derivatives Trading
Specific regulations in regions like Taiwan and Israel prohibit Huobi from offering derivatives due to a lack of necessary licenses. Plus, consumer protection regulations in some countries, such as the UK, restrict retail users from engaging in derivatives trading.
How to Trade & Invest on Huobi Global
You need to first create an account to trade on Huobi. Follow the steps below:
Step 1
- Begin by registering on the Huobi Global website using your email or phone number. Follow the on-screen instructions to verify your account.
- Complete the Know Your Customer (KYC) verification process. This may involve submitting identification documents.
Step 2
- Deposit fiat currencies like USD or EUR using various methods such as bank transfers or credit cards (Visa, Mastercard).
- Alternatively, use the "Buy Crypto" feature to directly purchase cryptocurrencies.
- If you already own cryptocurrencies, transfer them to your Huobi wallet by generating a deposit address for the specific asset.
Step 3
Explore the trading options and choose what suits you the best.
- Spot Trading
- Enter the "Spot" trading section.
- Choose from a vast selection of trading pairs, including BTC/USDT, ETH/BTC, and many more.
- Place market orders (buy/sell at the current market price) or limit orders (specify your desired price).
- Derivatives Trading
- Find the "Futures" section after completing risk verification.
- Select from various futures contracts (e.g., BTC futures) and leverage levels (up to 125x).
- Set limits or trigger orders to open positions based on your market predictions.
- Trading Bots:
- Use Huobi's trading bot feature for automated strategies like grid trading.
- Define parameters such as grid price, amount mode, and termination conditions.
Step 4
After trading, you can withdraw your funds by going to the "Assets" section, selecting "Withdraw," and following the steps to transfer them to your bank account or another cryptocurrency wallet.
6 Promising Features Traders Love About Huobi Global
With an attractive feature set, Huobi Global is the choice for many traders. Some of the benefits you get while trading on HTX are:
- Extensive Asset Coverage
Supporting over 700 cryptocurrencies and numerous trading pairs, Huobi facilitates portfolio diversification across major and emerging assets.
- Advanced Trading Options
Beyond spot trading, Huobi offers margin trading with leverage, derivatives trading (futures & options), and automated trading bots (including Grid Trading) for enhanced profitability.
- User-Centric Experience
The platform brings an intuitive interface, making it accessible even if you are a beginner or experienced trader.
- Earning Potential
Huobi enables you to generate passive income through staking, yield farming, and innovative products like Dual Investment.
- Enhanced Accessibility
Features like P2P trading and OTC services provide convenient and efficient trading options for various segments.
- Robust Security
Huobi prioritizes user security with measures like 2FA (two-factor authentication) and secure cold storage for user funds. Plus, the platform provides consistent educational resources to keep you updated.
Is Huobi Global Secure?
While Huobi has robust security measures in place, such as cold storage, a risk control system, withdrawal restrictions, and insurance funds, some users have reported fraud and malicious activities too.
Huobi has come under fire after it was implicated in several cases involving cryptocurrency linked to fraudulent activities. Notably, the case of Jones v Persons Unknown highlighted how victims of scams were able to trace their stolen Bitcoin to wallets associated with the Huobi exchange.
Some of the Reddit users have also complained about poor customer service and malpractices while dealing with the withdrawal of funds.
Another Reddit user posted that because of the slow internet, the exchange liquidated his assets. It was also said that there might be some malicious intent from the intruders that made the servers slow down for a reason.
Stay Secure & Bypass Region Locks with PureVPN
Trading platforms are inherently risky. Hackers are always looking for ways to intercept your data for identity theft, leading to smooth financial loss. It's time to keep your data safe by using advanced encryption so that your assets are never compromised!
Why Use PureVPN to Trade on Huobi?
- Access Huobi Global from anywhere, including the US, Korea, Iran, and Russia.
- Keep your identity safe from hackers, online surveillance, and intruders.
- Enjoy secure and timely transactions, even at peak usage hours.
- Connect to high-speed, encrypted servers and avoid downtime crises.
- Avail the advantage of different trading opportunities & regulations.
- Stay safe even when connected through public WiFi.
Can I Use a Free VPN to Access Huobi Global?
Yes, you can use a free VPN to access Huobi. However, it's strongly not recommended! Free VPNs often have poor security measures, making your data vulnerable to hackers. Many free VPNs log your browsing activity and sell your data to third parties.
Plus, they have slower speeds, unstable connections, and fewer servers that can impact your trading experience. More importantly, Huobi may detect inconsistencies in your location and lock your account or limit your access.
Frequently Asked Questions (FAQs)
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Is HTX crypto safe?
Yes, HTX, formerly Huobi Global, prioritizes user security with robust measures. A portion of user assets, 98%, are stored offline in secure cold wallets. Regular independent security audits are conducted and HTX uses the Merkle Tree proof of reserves system to enhance transparency. But it is always advised to stay alert while you are dealing with your assets.
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Can I sell Pi on HTX?
No, Pi is not currently supported for trading on HTX. Attempts to buy or sell Pi on the platform are likely scams as HTX does not facilitate transactions for this cryptocurrency.
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Is Huobi closing?
No. Huobi has faced regulatory challenges, including the loss of its license in Thailand due to breaches. However, the platform continues to operate in other regions.
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Is Huobi still safe?
Huobi has some good safety features, like two-factor authentication and keeping most of the crypto offline in cold storage. This can make you feel safer about using it. However, many governments haven't fully regulated Huobi, and some have even looked into it closely. This might make some investors a little worried.
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Where is Huobi available?
Huobi is available globally, except in Mainland China, USA, Cuba, Iran, North Korea, Sudan, Syria, Venezuela, Hong Kong, Singapore, and Myanmar.
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Is crypto regulated by the SEC?
The SEC's (Security and Exchange Commission) stance on cryptocurrencies varies greatly depending on the specific asset. Some cryptocurrencies are classified as securities, meaning they fall under the SEC's regulatory authority while others don’t.
Wrapping Up
Huobi Global offers a robust platform for cryptocurrency trading with a wide range of assets and advanced features. But regulatory restrictions and operational limitations in certain countries can restrict your access. PureVPN effectively bypasses these geo-blocks and helps you to securely access Huobi Global from anywhere in the world.
