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Huobi AI Trading Bot Software Development Company

To know more about our services please visit:

Website :https://www.cryptoappfactory.com/

Phone :+91 73972244 61



 

Crypto App Factoryoffers the best Crypto Trading Bot 

Development services with complete customer satisfaction

In addition to crypto bot development, we offer 

cryptocurrency wallet development to get any kind of 

cryptocurrency exchange solution.

 

WeCrypto App Factoryhave 100+ experts who are expertized 

in developing trading bots. We collect the requirements from 

customers and then proceed to the development process.

 

Our trading bots development involves the development of 

fully automated bots or semi-automatedbots with more 

enhanced features and security.



What Is Huobi?

 Huobi was originally founded in 2013 as an exchange 

dedicated to the market for Asian cryptocurrencytraders for 

making it a competitive choice for expert and automated 

traders from across the world. Huobi users can make deposits 

in both USD and CNY or they can use Bitcoin and Ethereum. 

The huobi exchange supports more than 100 cryptocurrencies, 

including major coins.

 

Huobi is one of the most popular crypto exchangesand 

provides various features such as margin trading, staking, 

lending, etc. Furthermore, the platform also offers its in-house 

GRID trading bot.


Why Do You Need to Use a Trading Bot on Huobi?

 Remember that trading is all about competition and making 

the right decisions. If you are on the wrong side of the trade, 

you will lose your money. If you are on the right side of the 

trade you will gain your money. The idea is to find your edge 

and then exploit that to the fullest extent. If you have a desire 

to have an edge then you will see that automatedbots on 

Huobi can help you out to a certain degree.

 

Huobi Trading Bot: Pros and Cons

 

Pros

  • Huobi offers 32 crypto pairs for grid trading bot.

  • No subscription fee is required for the trading bot.

  • Furthermore, the platform has high security.

  • 24/7 customer support.


Cons

  • Since the bot is in its initial stages, it does not offer variety.


Risks of using Huobi trading bot?

  • If the prices of the trading pair fall below the range, the 

    grid bot will stop placing orders and generate losses. 

    Moreover, if you’ve set a stop-loss price and it gets 

    triggered, the grid strategy will end.

  • If the price goes above the range, the grid bot will stop 

    placing the order, and as soon as the price falls in the 

    range, it will continue to place the trade. This way, you 

    won’t be able to benefit from the rising price.

  • The grid strategy at Huobi places an order based on the 

    price range and grid quantity. If the grid quantity is set  

    extremely low and the price fluctuates between the two 

    points, the system will not perform automatic order if the 

    capital use efficiency is low.


Unique Features of Huobi:

 

Huobi is full of interesting features that set it apart from the 

competition.

Eco Chain

Huobi Eco, or HECO, is a decentralized and cost-efficient 

public chain, like blockchain, that Ethereum developers can 

use to get started easily. It is seamlessly compatible with 

smart contracts.


Huobi Wallet

Huobi Wallet is a secure and professional Defi wallet. The 

wallet uses advanced technology to ensure safe asset 

management and protection. Users are in control of their 

private keys, which the company never has access to. There 

are multiple backup options to prevent loss or theft.


Huobi Mall

Huobi Mall is Huobi’s mining pool. It ranks in the world’s top 

10 mining pool services and is the world’s largest staking 

mining pool. This feature allows users to group and combine  

computingpower to mine different cryptocurrencies that are 

available on the platform.

 

Advantages of Huobi Crypto Exchange:

Here are some of the highlightedfeatures of the Huobi 

cryptocurrency exchange,


Exchange fees:
 

Huobi has a trading fee of 0.2% on each and every trade made 

by both makers and takers for a trading volume below 

5million. If the trading volume is up to 300 million and 

above, the trading fee is 0.015 % for makers & 0.025% for 

takers.


Withdrawals and Deposits:

Huobi Global has no fiat feature for deposits and withdrawals, 

It accepts both cryptocurrency deposits and cryptocurrency 

withdrawals for all users. There is no fee charged for both 

deposits and withdrawals.
 

Withdrawal limits vary dependingon whether the currency 

or cryptocurrency is withdrawn and whether you are a verified 

user or not. You can see your limits on the withdrawal screen 

once you log in.


Crypto App Factory

https://www.cryptoappfactory.com/

101, Kumaran Colony,

Vadapalani, Chennai
 

Tamil Nadu

+91 7397 2244 61




This post first appeared on Crypto App Factory, please read the originial post: here

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Huobi AI Trading Bot Software Development Company

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