Topic: THE TRUST ABOUT HUOUBI TRADING FEE – DON’T READ IF YOU AREN’T READY (Read 116 times)

I think this fee you talk on this article is wrong. Ang trading fee on Huobi is still higher than some Exchange (Binance, Kucoin, etc). And we must paid a fee to V.I.P monthly, right?

If any Exchange, with each command completed, we will paid a money – TRADING FEE.

With each Exchange, the fee is not similar. In the article below we will focus on HUOBIPRO - a good Exchange on the crypto currency market - where known digital money trading platform and offers many advantages and convenience in usage.

Currently there is an unofficial OTC market for Huobi POINTS card. When HT was first being given out for free, some buyers bought huge volumes of point packages to receive the free HT points. Now, they are selling points at up to 75% discount – price is up to the seller. Any amount of points can be transacted and any all points can be transferred via Huobi’s platform.

Normal users get are charged 0.2%.

Link to POINT Card purchases: https://www.huobi.pro/ht/points/

I. SCENARIO A: VIP + POINTS PACKAGES + Super Rebate via THIRD-PARTIES transfers.

Currently, users can use a combination of VIP + point packages to reduce their trading fee.
Tutorial: Users can signup new accounts under their main account and trade on those referral accounts to earn rebates for themselves!

For example:
Users with high trade can purchase VIP30 package (1200HT x 2.7 = 3240 USDT /mth)
For a trade of 5000 USDT
     •   Normal transaction fee is 10 USDT or 0.2 %.
     •   VIP 30 transaction fee is 8 USDT ~ 8 points.
     •   If Points are purchased on OTC market -> actual cost for this transaction is 8 x 0.25 = 2 USDT or 0.04%.
     •   Addition of Super Rebate -> net cost of 1.4 USDT or 0.028%
UNBELIEVABLE, 5000 USDT, We just paid 1.4 USDT!!!!

*Note: VIP users will need a minimum trading volume to breakeven as they need to factor cost of VIP package.
SUMMARY:
For a Trade 5000 USDT, we must paid:
     •   BITTREX: 0.25% = 12.5 USDT
     •   POLONIEX: 0.25% = 12.5 USDT
     •   HUOBI.PRO: 0.028% = 1.4 USDT!!!

Link to get more information:
https://huobiglobal.zendesk.com/hc/en-us/articles/360000190611-VIP-Discount-Example

II. SCENARIO B: POINTS PACKAGES + Super Rebate via THIRD-PARTIES transfers
For a trade of 5000 USDT:
     •   Normal transaction fee is 10 USDT or 0.2%
     •   If Points are purchased on OTC market -> actual cost for this transaction is 10 USDT x 0.25 = 2.5 USDT or 0.005%
     •   Addition of Super Rebate -> net cost of 1.75 USDT or 0.035%
SUMMARY:
For a Trade 5000 USDT, we must paid:
     •   BITTREX: 0.25% = 12.5 USDT
     •   POLONIEX: 0.25% = 12.5 USDT
     • HUOBI.PRO: 0.035% = 1.75 USDT!!!

 



Join Points Card OTC Telegram Group (Chinese version) to get more information:

https://t.me/joinchat/G6O76w5BEyjfnYY6UbIZXA

Those who prefer, can try the new EN telegram group https://t.me/hbpointcardotc