Huobi vs Crypto.com | Find Out Which Exchange Is Best

When it comes to trading fees, Huobi charges a spot maker fee of 0.20% and a spot taker fee of 0.20%. For futures trading, the maker fee is 0.02% and the taker fee is 0.05%. However, if you trade with volumes above $10,000 or use their native HT token for trading, you can enjoy fee discounts.

On the other hand, Crypto.com charges a lower spot maker fee of 0.075% and a spot taker fee of 0.075%. For futures trading, the maker fee is 0.017% and the taker fee is 0.034%.

If your monthly trade volumes exceed $250,000 or you hold at least 1000 CRO tokens, you can get even lower trading fees. Crypto.com thus offers lower trading fees for both spot trading and futures trading compared to Huboi.

When it comes to depositing fiat currencies on Huobi and Crypto.com, there are some differences to consider. Huobi supports 8 fiat currencies including USD, EUR, GBP, TRY, RUB and a few others.

In terms of fiat deposit options, users can deposit EUR via SEPA or Skrill for a fee of 2.9% + 0.1 EUR and GBP via Faster Payments (FSP) for a fee of 0.15% + 1 GBP. Users can also deposit TRY via Advcash and BRL via bank transfer for free.

In contrast, Crypto.com only supports USD and EUR for deposit via wire transfer, but there are no deposit fees for these methods.

However, expensive credit card fees ranging from 2-5% transaction fee are charged for instant purchase with credit/debit card via MoonPay, Banxa, Advacash and Simplex.

Similar to the deposit methods offered by each exchange, their withdrawal methods and fees also differ significantly.

Huobi offers several fiat withdrawal options including SEPA, FSP, Advcash, Skrill, and Bank transfer. However, the fees associated with these methods vary.

For SEPA, the exchange charges a 0.15% fee plus a 1 EUR fee, while Skrill attracts a 2.9% fee plus a 0.1 EUR fee.

FSP incurs a 0.15% fee plus a 1 GBP fee. Withdrawals for TRY via Advcash and BRL withdrawals via bank transfer are free.

As for fees associated with cryptocurrency withdrawals, Huobi charges a 0.0004$ BTC fee for those withdrawing Bitcoin, 0.0012 ETH fee for Ethereum, 0.01 SOL fee for Solana and a 4.9 USDT fee for those withdrawing ERC-20 Tether USD.

Crypto.com only offers fiat withdrawals for USD and EUR via bank transfer and this option is free of charge.

For cryptocurrency withdrawals, the exchange charges 0.0001 BTC and 0.04 ETH fees for Bitcoin and Ethereum withdrawals and for Solana and Tether, those fees are 0.03 SOL and 10 USDT.

While Huobi is registered in Seychelles, Crypto.com has its headquarters in Singapore. Both exchanges have a massive workforce of over 1000 employees and are available in nearly 200 countries.

In terms of KYC, Huobi does not require it for all of it's users while Crypto.com does. The user experience on both exchanges are decent but nothing special.

Huobi is a multifaceted exchange that offers a wide range of trading services, including spot and margin trading, futures products settled in USDT and crypto, and a range of trading bots and copy trading.

Huobi supports over 500 cryptocurrencies with spot trading fees beginning at 0.2% for makers and takers.

Crypto.com also provides a diverse range of services, including spot and margin trading, staking, lending, wallet services, and much more.

Crypto.com also offers the Crypto.com Visa Card, which allows users to spend their crypto holdings and earn rewards.

Crypto.com supports a smaller range of 250 cryptocurrencies compared Huobi but offers much lower spot maker fees of 0.075% for makers and takers.

The futures trading fees are also lower on Crypto.com with a maker fee 0.017% and taker fee of 0.034%.

For those who wish to deposit fiat currencies, Huobi supports a much wider range of 8 fiat currencies compared to Crypto.com that only offers USD deposits and withdrawals.