how to make money on huobi

Huobi offers a multitude of ways to earn money, including spot trading, margin trading, futures trading, earning interest on crypto, and joining the cashback program.

Nov 03, 2024 at 05:36 am

How to Make Money on Huobi: A Comprehensive Guide

1. Trade Spot Pairs

• Huobi offers a wide range of cryptocurrencies to trade in spot pairs against USDT or other cryptocurrencies.
• Buy low and sell high to profit from price fluctuations.
• Use limit orders to get the price you want, while market orders execute instantly.

2. Trade Margin

• Leverage your funds to amplify your potential profits.
• Huobi supports 5x, 10x, and even 20x leverage for certain cryptocurrencies.
• However, be aware of the risks and manage your leverage carefully.

3. Participate in Futures Trading

• Futures contracts allow you to trade the future price of a cryptocurrency.
• Go long (buy) if you expect the price to rise, or short (sell) if you expect it to fall.
• Futures trading involves higher risk but can also offer greater rewards.

4. Earn Interest on Crypto

• Stake your cryptocurrencies in Huobi's Earn section to generate passive income.
• Choose from various flexible or fixed-term staking options with different interest rates.
• Some cryptocurrencies, like Ethereum (ETH), allow staking to secure the network and earn rewards.

5. Huobi Earn and Earn Pro

• Huobi Earn offers a range of products for earning interest on crypto, including:

  • Dual Investment: Earn fixed interest by investing crypto into a pool of assets.
  • PrimePool: Earn higher interest rates on stablecoins and DeFi tokens.
  • Huobi Saving: Deposit crypto into a savings account and earn daily interest.
• Huobi Earn Pro provides even more advanced features and higher interest rates for larger investments.

6. Join the Huobi Cashback Program

• Earn cashback on fees when you trade or participate in other activities on Huobi.
• The cashback rate varies depending on your VIP level and the type of transaction.

7. Host a Huobi Sub-Account

• Invite traders to your custom-created sub-account and earn commission on their trades.
• The commission rate can be set by you and ranges from 0% to 50%.

8. Participate in Special Promotions and Events

• Huobi regularly hosts special promotions, events, and airdrops.
• These events offer opportunities to earn free crypto or discounts on fees.

9. Refer & Earn

• Invite friends to Huobi and earn commission on their trading fees.
• The more people you refer, the higher your commission rate.

10. Participate in Huobi Rain

• Huobi holds regular giveaways on Telegram and Twitter where users can win free crypto.
• Keep an eye out for announcements of upcoming Huobi Rains.