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.

It is a giant among the centralized digital currency exchanges and is currently the largest digital asset trading platform in the world. It is also a popular international website for digital assets. It has many main businesses and its cumulative transaction volume also maintains a leading level in the world. I believe investors are no strangers to these two exchanges. Many investors don’t know how to choose an exchange before investing, so they often choose blindly. In fact, handling fees are very important in the choice of exchanges. As an indicator, let the editor of the currency circle today let you know how much the Huobi handling fee is? And which of these two exchanges has the lowest handling fee?

 What are the handling fees on Binance and Huobi?

1. Main factors affecting handling fees

For mainstream exchanges such as Binance and Huobi, if you are new to the cryptocurrency industry, you need to understand these factors related to handling fees:

●Maker or taker: Maker is a pending order transaction, that is, the price is entrusted by oneself, and the transaction is not completed immediately; taker is a taker order transaction, that is, eating other people's pending orders. The transaction fee for pending orders is usually less than or equal to that for taker transactions.

●Whether to use platform currency to deduct handling fees: Binance and Huobi both support using platform currency to deduct handling fees and provide more favorable handling rates.

2. Coin-to-crypto transaction fees

1. Zero threshold, no platform currency deduction required

Binance handling fee: 0.1% for placing orders and 0.1% for taking orders;

Huobi handling fee: 0.2% for placing orders and 0.2% for taking orders;

It can be seen that under the conditions of a complete newcomer, without the need for platform currency deduction, the transaction fees of the three major exchanges are between one thousandth and two thousandths. At this time, the Binance fee is the lowest.

2. Zero threshold, use platform currency for deduction

Binance handling fee: 0.075% for placing orders and 0.075% for taking orders;

Huobi handling fee: 0.2% for placing orders and 0.2% for taking orders;

It can be seen that Binance has the lowest handling fee when using platform currency for deduction.

3. Contract transaction fees

Binance: 0.02% for placing orders, 0.03% for taking orders; (higher-level handling fees are lower)

Huobi: 0.02% for pending orders and 0.03% for takers;

As a new user, the transaction fees of Binance and Huobi futures are the same as low; for advanced users, the transaction fees of Binance are even lower.

 Which one, Binance or Huobi, is suitable for domestic novices?

The exchanges all look the same, but there are more or less differences. The same coins are also different on different platforms. There is also competition between platforms. To say which platform is better, it mainly depends on your preference. Binance Exchange is It is relatively well-known in the currency circle, has a good reputation, has many trading models, and is the exchange with the largest trading volume in the currency circle, so it is relatively trustworthy. However, currently domestic users only support email registration for Binance Exchange, which requires tools such as ladders, so registering The process is relatively cumbersome. Investors in need can contact our customer service to inquire how to register.

Although Huobi is an older exchange, it has removed mainland users. Mainland users are currently unable to trade on Huobi and cannot pass KYC certification, so it is still not suitable for domestic novices. Comprehensive comparison, the editor feels that the currency An is still good and more suitable for novice domestic investors. If you don’t have an account, you can create one.

The above is the detailed explanation by the editor of the currency circle on the issue of how much the handling fees of Binance and Huobi are. Through the above comparison of the handling fees of the two exchanges Binance and Huobi, it is not difficult to find that whether it is the handling fees of currency transactions or contract transactions, Binance is the most friendly exchange to traders. In fact, Binance has always maintained its consistent style in terms of fee rates, which is to maintain the lowest level in the country. In addition, after understanding it, we can actually find that BNB is also very strong now. If you hold BNB, you can also deduct the handling fee and save a certain amount of handling fee costs. If you are optimistic about the development of Binance Exchange, , you can hold BNB.