Huobi is a Chinese based cryptocurrency exchange and one of the largest in China. In March 2014, this exchange made headlines after it recorded the highest trading volumes for Bitcoin in a day, amounting to over 1 Billion Yuan. Since then, the exchange has continued to gain popularity across China because of its professional delivery of services. While it supports most cryptocurrencies, the website is more popular for charging low trading fees. Users also deposit finds for free. However, with increased cryptocurrency crackdown in China, HuoBi stopped offering margin trading services to its clients. It also increased its trading fees from 0.1% to 0.2%. Overall, this exchange is one of the most popular in China.
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