Home web3.0 How much does it cost to buy and sell Bitcoin on Huobi.com?

How much does it cost to buy and sell Bitcoin on Huobi.com?

Mar 25, 2024 pm 01:49 PM
Bitcoin Binance exchange Huobi.com Huobi Bitcoin buying and selling Bitcoin buy and sell transactions

The Huobi Bitcoin transaction fee is 0.2%, that is, for every 1,000 yuan of Bitcoin traded, a handling fee of 2 yuan is required.

How much does it cost to buy and sell Bitcoin on Huobi.com?

The fees for Bitcoin trading on Huobi mainly include two parts:

  • **Transaction fee:* *The Huobi Bitcoin transaction fee is 0.2%, that is, for every 1,000 yuan of Bitcoin traded, a handling fee of 2 yuan is required.

  • **Network fee:**The Bitcoin network needs to charge a certain fee to pay the miners' mining fees. Network fees vary according to the congestion level of the Bitcoin network, usually between 10 and 200 yuan.

Compared with other exchanges, Huobi Bitcoin transaction fees are above average.

The following is a comparison of Bitcoin transaction fees on several major exchanges:

Exchange Spot transaction fee Contract transaction fee
Huobi.com 0.2% Starting from 0.02%
Binance 0.1% 0.02% onwards
OKX 0.15% 0.02% onwards
matcha 0.1% 0.02% onwards
Gate.io 0.2% 0.02% onwards
## Investors can choose which exchange to choose based on their own trading needs and preferences Considering.

The following are some factors for choosing an exchange:

  • **Transaction fees:**Transaction fees are an important part of transaction costs, investors should try their best Choose an exchange with lower fees.

  • **Trading Depth:**Trading Depth refers to the number of bids and offers on the exchange. The greater the trading depth, the better the market liquidity and the easier it is to complete the transaction.

  • **Security:**The security factor of an exchange is very important. Investors should choose an exchange with a good reputation and complete security measures.

  • **Other factors:** Investors can also consider factors such as the exchange’s interface, functions, services, etc.

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