In today's digital age, online trading platforms have sprung up like mushrooms after rain, among which Huobi.com has attracted much attention as a hot topic. However, consumers often worry about an important issue: Is Huobi.com's trading platform legal? How to correctly judge the legality of Huobi.com? This article will explore in depth from multiple angles to reveal this mystery for you.

First, we need to understand the background and operation of Huobi.com's trading platform. Huobi.com is an online shopping platform that provides online transactions for various goods and services. As a consumer, we need to first pay attention to whether Huobi.com has legal business qualifications. Legal online shopping platforms usually publicize business license, operating license and other relevant certificate information on their websites to ensure their legality. In addition, Huobi.com's operating qualifications can be verified by querying the public information of relevant government departments.

Secondly, we can preliminarily judge Huobi.com's reputation and legality by checking consumer reviews. On the Internet, consumers often share their shopping experiences on Huobi.com, including product quality, customer service and other aspects. If most consumers have positive comments on Huobi.com, then it can be preliminarily determined that Huobi.com is a trustworthy and legal online shopping platform.

In addition to consumer comments, we can also pay attention to the after-sales service of Huobi.com platform. Legal online shopping platforms usually provide a complete after-sales service system, including return and exchange policy, complaint handling mechanism, etc. If Huobi.com does a good job in these aspects and solves consumers' problems and complaints in a timely manner, it can also be said that its legitimacy is high.

In addition, we can also judge the legitimacy of Huobi.com through payment security. Legal online shopping platforms usually provide safe payment channels to ensure the safety of consumers' funds. If you can choose a third-party payment platform with high credibility to make payments when making transactions on the Huobi.com platform, the safety of consumers' funds can be guaranteed to a certain extent.

Finally, in order to fully understand the legitimacy of Huobi.com, you also need to pay attention to its privacy protection policy. Legal online shopping platforms will strictly abide by relevant personal information protection laws and regulations to protect consumers' privacy from being violated. If Huobi.com does a good job in privacy protection and clearly informs consumers of the collection and use of personal information, then it can also be said that it is highly legal.

In general, to determine whether the Huobi.com trading platform is legal, we can start from multiple aspects, including checking its business qualifications, consumer evaluation, after-sales service, payment security and privacy protection. Only by considering these factors comprehensively can we make an accurate judgment. I hope this article can solve your doubts about the legality of Huobi.com and let you feel at ease to shop online on this platform.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to blockchain data, the assets are 3.584 billion US dollars, there are 862 trading pairs, and the 24-hour transaction volume is as high as 13.388 billion US dollars. From these data, it can be seen that the website is still very popular with investors. For newcomers in the currency circle who don’t know Huobi.com, whether the Huobi.com trading platform is legal is very important. So, is the Huobi.com trading platform legal? How to judge whether Huobi is legal? The following editor of the currency circle will talk to you about the Huobi.com trading platform based on these two questions.

 Is the Huobi.com trading platform legal?

Huobi.com was indeed closed by the Chinese government in 2017, but at that time, the Chinese government was rectifying cryptocurrency transactions. All domestic exchanges were closed, not just Huobi.com. In other words, Huobi.com is not illegal.

Moreover, although the Chinese government has closed cryptocurrency exchanges, it has not listed cryptocurrency transactions as illegal, so it is legal to trade Bitcoin in China.

Huobi was founded in 2013, closed in China in September 2017, and resumed trading in Singapore in November. Its total trading volume in the first month exceeded 30 billion RMB. It opened a branch in Japan in December of the same year, and the following year, it was listed on the US and Hong Kong stock exchanges.

Of course, some people say that Huobi had been scammed before, resulting in the loss of 920 Bitcoins and 8,100 Litecoins, but Huobi also returned the lost cryptocurrencies.

Elementus, a New York-based blockchain infrastructure company, released a study on August 23, claiming that nearly 50% of the total PlusToken withdrawals were sent to Huobi.

As Cointelegraph reported earlier in August, PlusToken apparently began to sell Bitcoin (BTC) on a large scale, which may be the reason why the BTC price fell by $400 in a few minutes.

According to the study, PlusToken's withdrawals to Huobi totaled more than 4.3 million Ether (ETH) out of a total of 9.2 million ETH. Other popular PlusToken withdrawal exchanges include another Chinese exchange ZB.com, which received about 8% of withdrawals, as well as South Korea's Upbit, Malta's and Gate, also from China.

Huobi.com is not satisfied with being just a cryptocurrency exchange. It recently launched futures trading through its own derivatives market and is building its own blockchain with the aim of expanding to the Middle East, Weizhou, South Asia and other regions.

 How to judge whether Huobi is legal?

1. Network complete technology

Network security technology is not only the main technical support to ensure the normal and smooth high-frequency trading on the entire trading platform; secondly, it is also an important protection against external attacks such as hackers and traffic attacks. In order to prevent investors from any unexpected losses in transactions, it can also ensure the security of investors' deposited funds. This is also crucial for agents, reducing a lot of unnecessary troubles and gaining a good reputation. Our purpose is to strive to create a safer, more stable and efficient platform for global users. In terms of trading, our team has also developed an advanced millisecond-level transaction system; and for the outside, multiple sets of T-level high-defense systems are used to protect the entire trading platform.

2. Quality of trading currencies

The trading varieties listed on the digital trading platform that is responsible for the majority of investors must be well-known to the public, and the number will not be too small or too large, so that all kinds of garbage coins such as altcoins are moved to the platform. In addition, the price fluctuations and K-line trends of the listed varieties must be "normal". Many platforms often plug in pins, disconnect the network, and cut off the power. This trick is also called because of the sudden increase in orders. It is a very funny statement. In the long run, it will undermine investor confidence and platform reputation. Our platform has been online for more than a year, and 6 trading varieties have been launched one after another. Whether there is a problem with its price trend can be checked by looking at the historical chart.

3. Diversified and user-friendly trading options

In order to be more user-friendly, we provide up to 4 types of trading leverage for investors to choose in real time. This choice is based on personal funds on the one hand; on the other hand, it is based on personal risk tolerance. We also have high leverage control, up to 125 times, so that investors can also choose leverage according to real-time market conditions to maximize their benefits. In addition, all three ends of our platform can conduct real-time transactions, so that investors can log in to their accounts to conduct transactions in any situation.

4. Anti-money laundering obligations

Internet sites that provide services such as Bitcoin registration and trading should fulfill their anti-money laundering obligations, identify users, and require users to register with real names, register names, ID numbers and other information. In order to ensure the security of transactions, our digital currency trading platform adopts the world's top risk prevention and control system with multiple technologies as guarantees, global load balancing, distributed server clusters, distributed storage, high-availability microservice architecture, and multi-backup high-memory trading engines, making every transaction safe and reliable in all aspects and in depth.

Through the above introduction, I believe that everyone has already understood the question of whether the Huobi.com trading platform is legal. For investors, even if they do not choose Huobi.com to invest in digital currencies, they must choose a reliable exchange to invest. The primary criterion for choosing an exchange is of course to ensure the safety of funds. Therefore, in the choice of exchanges, investors' first choice is a large platform with strong strength. Investors can judge whether the exchange is strong from the aspects of technology and operation of the exchange.