# 2025 In-Depth Review: Which is Better, Binance or Huobi? Understand How to Choose Top Exchanges in One Article For cryptocurrency investors in mainland China, choosing a secure, stable, and powerful exchange is the cornerstone of the entire investment journey. Among many platforms, Binance and Huobi (now renamed HTX) are undoubtedly the two giants with the highest recognition and the largest user base. Therefore, **"Which is better, Binance or Huobi?"** has become a topic of great concern for both beginners and seasoned players. This article will provide an in-depth and objective comparative analysis from multiple dimensions to help you find the trading platform that suits you best. > 💰 **Trading Money-Saving Tips**: In the crypto world, every saved transaction fee is profit! Use our invitation code **`svip111`** to register on Binance and lock in your exclusive **up to 30% fee discount**. Click the link to register now: [https://www.binance.com/zh-CN/join?ref=svip111](https://www.binance.com/zh-CN/join?ref=svip111) ## Binance vs. Huobi: Background Comparison of Two Giants To answer the question "Which is better, Binance or Huobi?", we first need to understand their basic situations. * **Binance**: Founded in 2017, it rapidly rose to prominence within a few years, becoming the world's leading cryptocurrency exchange in terms of trading volume, user numbers, and liquidity, thanks to its outstanding technology, rich product line, and global market strategy. Binance is not just a trading platform; it has built a vast ecosystem that includes public chains (BNB Chain), venture capital, research institutes, and new coin issuance platforms (Launchpad). * **Huobi (HTX)**: Established in 2013, it is one of the oldest cryptocurrency exchanges and once held an absolute dominant position in the mainland Chinese market, known to many early investors. In recent years, Huobi has undergone a brand upgrade (renamed to HTX) and strategic adjustments, still holding a place in the global market, especially with a strong user base in Asia. ## Core Advantage Comparison: Which is Better, Binance or Huobi? We will compare several aspects that investors care about most to help you determine **which is better, Binance or Huobi**. ### H3: Trading Depth, Liquidity, and Number of Coins * **Binance**: Holds an overwhelming advantage in this area. As the world's largest exchange, Binance has unparalleled trading depth and liquidity, meaning users experience less slippage (the difference between the transaction price and the order price) during large transactions, and transactions are executed faster. Additionally, Binance offers a wide variety of coins, covering all types of assets from mainstream coins to emerging popular concepts. * **Huobi**: Although its liquidity is not as strong as Binance's, it still has good trading depth for mainstream coins. Its coin listing strategy is relatively cautious, but it is quick to list some popular new coins. **Conclusion**: For professional traders or active investors seeking the best liquidity and the most trading options, Binance is the better choice. ### H3: Product Ecosystem and Innovative Features * **Binance**: Offers a one-stop "full package" service. In addition to basic spot and futures trading, it also has Binance Wealth Management, new coin mining (Launchpool & Megadrop), NFT marketplace, Web3 wallet, and other diversified products. Its new coin issuance platform, Launchpad, is recognized in the industry as a "golden shovel," providing users with opportunities to participate in early high-quality projects. * **Huobi**: Also provides wealth management, futures, and other services, but the breadth and depth of its ecosystem lag behind Binance. The attractiveness and return effects of its innovative activities are generally not as strong as those of similar activities on Binance in the current market environment. **Conclusion**: If you want to meet all your needs for trading, wealth management, and new coin participation on one platform, Binance's ecosystem is more complete and powerful. ### H3: Fee Rates * **Binance**: The base fee rate is 0.1%, and using its platform token BNB to pay transaction fees can get a 25% discount. Additionally, registering through a specific invitation link (as provided in this article) can yield extra commission discounts. * **Huobi**: The base fee rate is slightly higher, but it also supports using its platform token HT for fee deductions. **Conclusion**: In terms of base fee rates and discount strength, Binance's fees are more competitive, especially for users who trade frequently, as they can save considerable costs over time. ## Why Choosing the Right Exchange is Crucial? An In-Depth Discussion on Which is Better, Binance or Huobi Choosing the right exchange directly affects your asset security, trading costs, and investment returns. The discussion of **which is better, Binance or Huobi** essentially explores which platform can better support your investment strategy. A platform with poor liquidity may prevent you from executing trades at ideal prices, while a platform with a limited product offering may cause you to miss market hotspots (such as new coin mining). Therefore, conducting a comprehensive comparative analysis is essential. ## User Experience Perspective: How to Start Using These Two Platforms? For users in mainland China, the onboarding experience is also a key consideration. * **Registration and KYC**: Both platforms support registration and identity verification for users in mainland China, with similar processes that typically require ID information and facial recognition. * **App and Web Operations**: * **Binance**: The app is extremely powerful, divided into a professional version and a simplified version to meet different user needs. For beginners, the simplified version has a clear and friendly interface; for professional users, the professional version offers rich charts and tools. * **Huobi**: The app interface is also quite mature, aligning with the operational habits of most users, making it easy to use. * **C2C Trading**: Both have mature C2C (customer-to-customer) trading markets, supporting payment methods like WeChat, Alipay, and bank cards to purchase stablecoins like USDT, which are the main channels for users in mainland China to deposit and withdraw funds. In terms of the number of merchants and response speed, Binance usually has a slight advantage. 🚀 **New User Benefits**: Don't have a Binance account yet? Register now through the exclusive link [https://www.binance.com/zh-CN/join?ref=svip111](https://www.binance.com/zh-CN/join?ref=svip111), or manually enter the invitation code **`svip111`** during registration to enjoy a permanent **up to 30% fee discount**! Don't miss this best opportunity to get started! ## Opportunities and Challenges: Prospects and Potential Risks Analysis of the Two Platforms * **Binance**: Opportunities lie in its continuous industry innovation and consolidation of its global market position. Risks mainly come from the increasingly stringent global regulatory environment, with significant compliance pressure. * **Huobi**: Opportunities exist in leveraging its long-standing brand history to deepen its presence in specific markets. The challenge lies in how to reshape its brand image in the face of fierce market competition and catch up with leading platforms. ## Conclusion: So, Which is Better, Binance or Huobi? After this comprehensive comparison, we can draw a clear conclusion: For the vast majority of users in mainland China, whether beginners or seasoned traders, **Binance is usually the better choice**. It shows significant advantages in liquidity, product diversity, ecosystem completeness, fee rates, and innovation capabilities. Of course, this does not mean that Huobi (HTX) is without merit. For some long-time users with historical usage habits or investors who prefer certain specific coins listed on Huobi, it remains a platform worth considering. Ultimately, the answer to **"Which is better, Binance or Huobi?"** depends on your personal needs. However, if you seek a comprehensive, opportunity-rich, and powerful platform, Binance is undoubtedly the optimal solution at present. --- **Disclaimer:** This article is for informational sharing and comparative analysis only and does not constitute any investment advice. The cryptocurrency market is highly volatile and carries significant risks. Please conduct independent research (DYOR) and act cautiously based on your financial situation and risk tolerance before making any investment decisions.

2025 In-Depth Review: Which is Better, Binance or Huobi? Understand How to Choose Top Exchanges in One Article#

For cryptocurrency investors in mainland China, choosing a secure, stable, and powerful exchange is the cornerstone of the entire investment journey. Among many platforms, Binance and Huobi (now renamed HTX) are undoubtedly the two giants with the highest recognition and the largest user base. Therefore, "Which is better, Binance or Huobi?" has become a topic of great concern for both beginners and seasoned players. This article will provide an in-depth and objective comparative analysis from multiple dimensions to help you find the trading platform that suits you best.

💰 Trading Money-Saving Tips: In the crypto world, every saved transaction fee is profit! Use our invitation code svip111 to register on Binance and lock in your exclusive up to 30% fee discount. Click the link to register now: https://www.binance.com/zh-CN/join?ref=svip111

Binance vs. Huobi: Background Comparison of Two Giants#

To answer the question "Which is better, Binance or Huobi?", we first need to understand their basic situations.

Binance: Founded in 2017, it rapidly rose to prominence within a few years, becoming the world's leading cryptocurrency exchange in terms of trading volume, user numbers, and liquidity, thanks to its outstanding technology, rich product line, and global market strategy. Binance is not just a trading platform; it has built a vast ecosystem that includes public chains (BNB Chain), venture capital, research institutes, and new coin issuance platforms (Launchpad).
Huobi (HTX): Established in 2013, it is one of the oldest cryptocurrency exchanges and once held an absolute dominant position in the mainland Chinese market, known to many early investors. In recent years, Huobi has undergone a brand upgrade (renamed to HTX) and strategic adjustments, still holding a place in the global market, especially with a strong user base in Asia.

Core Advantage Comparison: Which is Better, Binance or Huobi?#

We will compare several aspects that investors care about most to help you determine which is better, Binance or Huobi.

H3: Trading Depth, Liquidity, and Number of Coins#

Binance: Holds an overwhelming advantage in this area. As the world's largest exchange, Binance has unparalleled trading depth and liquidity, meaning users experience less slippage (the difference between the transaction price and the order price) during large transactions, and transactions are executed faster. Additionally, Binance offers a wide variety of coins, covering all types of assets from mainstream coins to emerging popular concepts.
Huobi: Although its liquidity is not as strong as Binance's, it still has good trading depth for mainstream coins. Its coin listing strategy is relatively cautious, but it is quick to list some popular new coins.

Conclusion: For professional traders or active investors seeking the best liquidity and the most trading options, Binance is the better choice.

H3: Product Ecosystem and Innovative Features#

Binance: Offers a one-stop "full package" service. In addition to basic spot and futures trading, it also has Binance Wealth Management, new coin mining (Launchpool & Megadrop), NFT marketplace, Web3 wallet, and other diversified products. Its new coin issuance platform, Launchpad, is recognized in the industry as a "golden shovel," providing users with opportunities to participate in early high-quality projects.
Huobi: Also provides wealth management, futures, and other services, but the breadth and depth of its ecosystem lag behind Binance. The attractiveness and return effects of its innovative activities are generally not as strong as those of similar activities on Binance in the current market environment.

Conclusion: If you want to meet all your needs for trading, wealth management, and new coin participation on one platform, Binance's ecosystem is more complete and powerful.

H3: Fee Rates#

Binance: The base fee rate is 0.1%, and using its platform token BNB to pay transaction fees can get a 25% discount. Additionally, registering through a specific invitation link (as provided in this article) can yield extra commission discounts.
Huobi: The base fee rate is slightly higher, but it also supports using its platform token HT for fee deductions.

Conclusion: In terms of base fee rates and discount strength, Binance's fees are more competitive, especially for users who trade frequently, as they can save considerable costs over time.

Why Choosing the Right Exchange is Crucial? An In-Depth Discussion on Which is Better, Binance or Huobi#

Choosing the right exchange directly affects your asset security, trading costs, and investment returns. The discussion of which is better, Binance or Huobi essentially explores which platform can better support your investment strategy. A platform with poor liquidity may prevent you from executing trades at ideal prices, while a platform with a limited product offering may cause you to miss market hotspots (such as new coin mining). Therefore, conducting a comprehensive comparative analysis is essential.

User Experience Perspective: How to Start Using These Two Platforms?#

For users in mainland China, the onboarding experience is also a key consideration.

Registration and KYC: Both platforms support registration and identity verification for users in mainland China, with similar processes that typically require ID information and facial recognition.
App and Web Operations:
- Binance: The app is extremely powerful, divided into a professional version and a simplified version to meet different user needs. For beginners, the simplified version has a clear and friendly interface; for professional users, the professional version offers rich charts and tools.
- Huobi: The app interface is also quite mature, aligning with the operational habits of most users, making it easy to use.
C2C Trading: Both have mature C2C (customer-to-customer) trading markets, supporting payment methods like WeChat, Alipay, and bank cards to purchase stablecoins like USDT, which are the main channels for users in mainland China to deposit and withdraw funds. In terms of the number of merchants and response speed, Binance usually has a slight advantage.

🚀 New User Benefits: Don't have a Binance account yet? Register now through the exclusive link https://www.binance.com/zh-CN/join?ref=svip111, or manually enter the invitation code svip111 during registration to enjoy a permanent up to 30% fee discount! Don't miss this best opportunity to get started!

Opportunities and Challenges: Prospects and Potential Risks Analysis of the Two Platforms#

Binance: Opportunities lie in its continuous industry innovation and consolidation of its global market position. Risks mainly come from the increasingly stringent global regulatory environment, with significant compliance pressure.
Huobi: Opportunities exist in leveraging its long-standing brand history to deepen its presence in specific markets. The challenge lies in how to reshape its brand image in the face of fierce market competition and catch up with leading platforms.

Conclusion: So, Which is Better, Binance or Huobi?#

After this comprehensive comparison, we can draw a clear conclusion:

For the vast majority of users in mainland China, whether beginners or seasoned traders, Binance is usually the better choice. It shows significant advantages in liquidity, product diversity, ecosystem completeness, fee rates, and innovation capabilities.

Of course, this does not mean that Huobi (HTX) is without merit. For some long-time users with historical usage habits or investors who prefer certain specific coins listed on Huobi, it remains a platform worth considering.

Ultimately, the answer to "Which is better, Binance or Huobi?" depends on your personal needs. However, if you seek a comprehensive, opportunity-rich, and powerful platform, Binance is undoubtedly the optimal solution at present.

Disclaimer: This article is for informational sharing and comparative analysis only and does not constitute any investment advice. The cryptocurrency market is highly volatile and carries significant risks. Please conduct independent research (DYOR) and act cautiously based on your financial situation and risk tolerance before making any investment decisions.