Software · head to head
Alchemy vs Huobi
The short version
- Each has a real cost: Alchemy the free tier is capped at 30M compute units a month and 25 requests per second; Huobi cryptocurrency market volatility
- They diverge on capability: Alchemy covers Node APIs, Huobi covers Spot Trading.
Where they differ
Only the attributes on which Alchemy and Huobi actually diverge.
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Alchemy
- Node APIs
- Enhanced APIs
- NFT API
- Webhooks
- Mempool
- 35+ chains
- SDKs
- Api support
Only in Huobi
- Spot Trading
- Futures Trading
- Margin Trading
- Staking
- Primelist
- HT Token
- Huobi ECO Chain
- Ios support
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Alchemy
- Hosted blockchain node access across mainnets and testnetsnot Huobi
- Backing a production web3 application without running nodesnot Huobi
- Webhook-driven notifications for on-chain eventsnot Huobi
- Scaling read throughput beyond self-hosted node limitsnot Huobi
Huobi
- Spot trading of cryptocurrencies and altcoinsnot Alchemy
- Futures trading with leveragenot Alchemy
- Copy trading from experienced tradersnot Alchemy
- Automated trading via botsnot Alchemy
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Alchemy
- The free tier is capped at 30M compute units a month and 25 requests per second
- Free accounts are limited to 5 apps and 5 webhooks
- Beyond the free allowance it is $0.45 per 1M compute units for the first 300M a month
- Request cost varies by call complexity, from around 10 compute units to over 100, so spend is hard to predict from request counts alone
- Signed SLAs and priority support require an Enterprise contract
Huobi
- Cryptocurrency market volatility
- Regulatory restrictions in some jurisdictions
Pricing, plan by plan
Alchemy
Free- FreeFree
- 300M compute units
- 5 apps
- Core APIs
- Growth$49/month
- 400M compute units
- 15 apps
- Enhanced APIs
- Scale$199/month
- 1B compute units
- Unlimited apps
- Premium support
Huobi
FreeNo published plan breakdown. See the Huobi review.
Which should you pick?
Choose Alchemy if
- You need node apis.
- You want to start without paying.
- You work on Api, Web.
- You also want enhanced apis.
Choose Huobi if
- You need spot trading.
- You want to start without paying.
- You work on Web, Mobile.
- You also want futures trading.
Questions people ask
- Is Alchemy or Huobi better?
- Neither clearly leads. Alchemy starts at Free and Huobi at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Alchemy or Huobi?
- Alchemy starts at Free and Huobi at Free.
- Does Alchemy or Huobi run on more platforms?
- Alchemy runs on Api, Web. Huobi runs on Web, Mobile.
- Can I use Alchemy for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Alchemy best used for?
- Alchemy is most often used for hosted blockchain node access across mainnets and testnets, backing a production web3 application without running nodes, webhook-driven notifications for on-chain events, scaling read throughput beyond self-hosted node limits. Of those, hosted blockchain node access across mainnets and testnets and backing a production web3 application without running nodes are not what Huobi is typically brought in for.
- What can Alchemy do that Huobi cannot?
- Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Huobi covers Spot Trading, Futures Trading, Margin Trading, Staking. Both handle Web support.