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Exchange Review
This exchange has been flagged as inactive. There are many reasons for being flagged as inactive. We recommend you read the text below to understand why Hubi has received the inactive flag.


Exchange Fees

BTC Withdrawal Fee 0.0005 Taker Fee 0.20% Maker Fee 0.20%

Deposit Methods

No Wire Transfer No Credit Card

UPDATE 10 June 2021: When trying to access the website of Hubi ( today, we were unsuccessful. We just received an error message. There was no information on system maintenance or anything similar.

Accordingly, we believe that this exchange has closed down and we have marked it as "dead" in our Exchange Graveyard.

To find a reliable exchange where you can start an account, just use our Exchange Filters and we'll help you find the right platform for you.

Hubi is a quite new cryptocurrency exchange from Hong Kong. It launched in June 2018 so has only been around for a year.

There are loads of coin exchanges from Hong Kong. Hong Kong is in a way the Mecca of cryptocurrency trading. Two of BitAsset Exchange’s larger competitors on its home turf are Binance and KuCoin.

Hubi promotes six different advantages with its trading platform on its website: high liquidity, reliable system, exclusive services, diversified transaction methods, security guarantee and convenience and speed. There is no other information available to read on these various advantages other than the ones set out in the printscreen below. Accordingly, it is difficult for us to assess whether these advantages are indeed advantages or not. However, 24/7 support is always helpful. Particularly so considering that cryptocurrency trading is global in its nature and that traders thus reside in almost all of the different time zones of the world.

Hubi 6 Advantages

Hubi does not list USA as a “prohibited country” or anything similar. So our belief is that US-investors may trade at this exchange. In any event, US-investors should always do themselves the favour of forming their own opinion on any issues arising from their residency or citizenship.

Different exchanges have different trading views. And there is no “this overview is the best”-view. You should yourself determine which trading view that suits you the best. What the views normally have in common is that they all show the order book or at least part of the order book, a price chart of the chosen cryptocurrency and order history. They normally also have buy and sell-boxes. Before you choose an exchange, try to have a look at the trading view so that you can ascertain that it feels right to you. This is the trading view at Hubi:

Hubi Trading View

Hubi is also available as an application in your phone. This can be helpful for any investors interested in trading when “on the go”. Research shows that a vast majority of all cryptocurrency trades are executed through desktops. But, if you’re a mobile-kind-of-person, the Hubi application might make you happy! Trading platform is available through mobile use on both iPhones and Androids.

Hubi Mobile Support

Trading fees are naturally very important. Every time you place an order, the exchange charges you a trading fee. The trading fee is normally a percentage of the value of the trade order. Many exchanges charge what we call taker fees, from the takers, and what we call maker fees, from the makers. The takers are the people who “take” orders from the order book. This means that they remove order options from the order book and thereby remove liquidity. Makers are the ones who put the orders on the order book in the first place.

The main alternative to this is to simply charge “flat” fees. Flat fees mean that the exchange charges the taker and the maker the same fee. At this exchange, they don’t divide between takers and makers, but they charge flat fees: 0.20% of the order value.

0.20% is in line with the current industry average. Industry average has for a long time been 0.25%, but we are currently seeing a shift towards lower fees. Many exchanges now charge e.g. 0.10% or 0.15% instead. Maybe Hubi will follow that example as well, but for now the fees are sitting at 0.20% per trade.

Withdrawal fees are normally a fixed amount that varies from cryptocurrency to cryptocurrency. There are however also a number of exchanges that charges a certain percentage of the withdrawn amount as the withdrawal fee. This exchange charges the customary fixed withdrawal fee. To be specific, Hubi charges a withdrawal fee amounting to 0.0005 BTC when you withdraw BTC. This is around 40% lower than the industry average, as the industry average is arguably around 0.0008 BTC per BTC-withdrawal. Accordingly, the withdrawal fee charged by this exchange is quite competitive.

All in all, Hubi’s fees are in line with the industry averages.

This exchange does not accept any other deposit method than cryptocurrencies, so new crypto investors are restricted from trading here. If you are a new crypto investor and you wish to start trading at this exchange, you will have to purchase cryptos from another exchange first and then – as a second step – deposit them here. Don’t worry though, you can find a so called “entry-level exchange” simply by using our Exchange Finder tool.