In the rapidly evolving world of digital assets, understanding the terms and conditions of a trading platform is essential for every user. This comprehensive guide breaks down the Huobi User Agreement, offering clarity on key policies, user rights, responsibilities, and risk disclosures. Whether you're new to cryptocurrency trading or an experienced investor, this article ensures you fully understand how to navigate the platform securely and responsibly.
Understanding the Huobi User Agreement
When you click “Agree” during registration on Huobi’s website and complete the account setup process, you officially enter into a legally binding agreement with Huobi, operated by Beijing Huobi World Network Technology Co., Ltd. This agreement governs your use of the digital asset trading services provided through www.huobi.com.
The full Huobi User Agreement includes not only the main text but also all supplementary rules, legal disclaimers, operational guidelines, and future updates published by Huobi. These elements are equally enforceable and form an inseparable part of the contract.
Note: This agreement does not cover disputes between users arising from peer-to-peer digital asset transactions. Each user is solely responsible for their own trading decisions and interactions.
Core Definitions You Need to Know
To ensure transparency, Huobi outlines several key definitions:
- Digital Assets: Includes globally recognized cryptocurrencies such as Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC), and any other digital tokens listed or to be listed on Huobi’s trading platforms.
- Huobi: Refers to both the digital asset exchange platform (www.huobi.com) and its operating company, Beijing Huobi World Network Technology Co., Ltd.
- User: A registered member who agrees to the terms of service and engages in digital asset trading activities.
- User Registration: The process of creating an account by providing accurate personal information and accepting the platform’s policies.
- Digital Asset Trading: Any transaction involving buying, selling, or exchanging digital currencies via the Huobi platform.
- Deposit Funds: The fiat currency (e.g., USD, CNY) or digital assets deposited into a user’s account to facilitate trades.
- Transaction Fees: Service charges applied when a trade is successfully executed.
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User Registration: Eligibility and Requirements
To register on Huobi, users must meet specific criteria:
1. Legal Capacity
Users must have full civil legal capacity. Minors may register only if their legal guardian consents and oversees the account usage.
2. Lawful Intent
You agree that your registration is not intended for illegal activities or to disrupt the integrity of the digital asset market.
3. Accurate Information Submission
During registration, users must provide valid contact details such as phone numbers and create a secure username and password. All provided data must be truthful, complete, and up to date.
4. Identity Verification (KYC)
After successful registration, users are required to complete real-name authentication by submitting:
- Full name
- Government-issued ID number
- ID photo
- Selfie with ID (handheld)
- Video verification (if requested)
Failure to verify identity may restrict access to advanced trading features.
Services Provided by Huobi
Huobi operates as a non-custodial intermediary, meaning it does not act as a buyer or seller in transactions. Instead, it provides a secure digital marketplace where users can trade assets directly with one another.
Key User Rights Include:
- Viewing real-time market data and price trends
- Placing buy/sell orders
- Accessing account history and transaction records
- Participating in platform-hosted promotions and events
Users retain full control over their funds and decisions—Huobi merely facilitates the environment for trading.
Trading Rules and Platform Operations
To maintain fairness and efficiency, Huobi enforces strict trading protocols:
4.1 Reviewing Trade Details
Before executing any trade, users must carefully review all details including price, quantity, direction (buy/sell), and applicable fees.
4.2 Deposits
Huobi supports deposits in multiple currencies, including USD, CNY, and various cryptocurrencies. Deposit options may be updated at any time.
4.3 Withdrawals
Users may withdraw balances at any time but must pay applicable withdrawal fees. Processing times vary based on network congestion and verification requirements.
4.4 Order Submission
Once an order is placed, Huobi automatically matches it with existing bids/asks at the specified price. Execution occurs without further notice.
4.5 Transaction History
All completed trades are recorded in the user’s transaction history for audit and tax reporting purposes.
4.6 Order Modification
Pending orders (those not yet filled) can be canceled or adjusted at any time before execution.
User Responsibilities and Obligations
As a participant in the Huobi ecosystem, users must adhere to the following principles:
- Maintain the confidentiality of login credentials and two-factor authentication (2FA) methods.
- Report unauthorized access immediately.
- Refrain from transferring accounts to third parties.
- Avoid engaging in market manipulation or disruptive behaviors.
- Comply with all applicable laws and platform rules.
Security Tip: Never share your password or recovery phrases. Enable 2FA to protect your assets.
👉 Learn how top-tier security practices protect your digital investments.
Huobi’s Rights and Operational Policies
Huobi reserves several rights to ensure platform stability and regulatory compliance:
- Reject or terminate accounts with incomplete or false registration data.
- Suspend accounts suspected of being used by unauthorized individuals.
- Request updated information if discrepancies are detected.
- Correct inaccurate content displayed on the site.
- Modify, suspend, or discontinue services at any time without prior notice.
- Delete non-compliant user content (e.g., illegal comments).
- Terminate inactive accounts after one year of no login activity.
Additionally, Huobi commits to maintaining system reliability, safeguarding user funds through technical measures, and complying with anti-money laundering (AML) regulations.
Risk Disclosure: What Every Trader Should Know
Cryptocurrency trading carries inherent risks that users must acknowledge:
Market Volatility
Digital asset prices can fluctuate dramatically within minutes due to low liquidity, speculative trading, or global regulatory changes. There are no daily price limits like traditional stock markets.
Regulatory Uncertainty
Governments may ban or restrict crypto trading at any time. Such actions could render certain assets illiquid or obsolete overnight.
Technical Risks
Internet outages, software bugs, or hardware failures may interrupt trading or cause financial loss. Huobi is not liable for losses caused by external technological issues.
No Investment Advice
All market analyses, price forecasts, or news updates provided on Huobi are for informational purposes only and do not constitute financial advice.
Important: Users must assess their financial situation and risk tolerance before investing. Losses are possible—even total capital loss.
Data Privacy and Information Use
Huobi collects user data for operational, legal, and service improvement purposes. This includes:
- Personal identification details
- IP addresses and browsing behavior
- Transaction logs (deposits, withdrawals, trades)
- Identity verification documents
Collected data may be used for:
- Identity verification and fraud prevention
- Regulatory reporting (e.g., AML compliance)
- Service personalization
- Product development
- Marketing communications (opt-out available)
Huobi does not sell user data but may share it under legal obligation or during corporate restructuring events.
Anti-Money Laundering (AML) Compliance
Huobi strictly adheres to China’s Anti-Money Laundering Law by:
- Verifying user identities during registration
- Monitoring large or suspicious transactions
- Reporting irregular activity to authorities
- Freezing accounts linked to illicit activities
- Requiring matching names for bank transfers and verified identities
Any attempt to engage in money laundering, fraud, or illegal transfers will result in immediate account suspension.
Frequently Asked Questions (FAQ)
Q: Is Huobi legally binding?
A: Yes. By completing registration and clicking “Agree,” you enter into a legally enforceable contract with Huobi.
Q: Can I close my Huobi account anytime?
A: Absolutely. Users may terminate their accounts at any time. However, no data recovery will be possible after deletion.
Q: Who owns the content I post on Huobi?
A: Under the agreement, users grant Huobi an exclusive, royalty-free license to use any content posted on the platform.
Q: What happens if I forget my password?
A: Use the password recovery function via registered email or phone number. Ensure your recovery options are always up to date.
Q: Does Huobi compensate for market losses?
A: No. All investment risks are borne solely by the user. Huobi does not guarantee profits or protect against price drops.
Q: How long does Huobi store my data?
A: Data is retained during active use and may be archived post-account closure as required by law.
Final Notes on Agreement Changes and Dispute Resolution
Huobi may update this agreement at any time. Changes take effect immediately upon posting on the official website. Continued use of the service implies acceptance of revised terms.
Disputes related to this agreement shall be resolved through arbitration at the Beijing Arbitration Commission, following its procedural rules.
This agreement becomes effective upon successful registration and remains in force until terminated by either party under defined conditions.
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