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Software · head to head

Binance vs Huobi

Binance logo

Binance

Software

The world's leading cryptocurrency exchange

From
Free
Rated
-
Huobi logo

Huobi

Software

Global digital asset trading platform

From
Free
Rated
-

The short version

  • Each has a real cost: Binance unavailable to EU users after failing MiCA fit-and-proper test on July 1, 2026; Huobi cryptocurrency market volatility
  • They diverge on capability: Binance covers Launchpad, Huobi covers Primelist.

Where they differ

Only the attributes on which Binance and Huobi actually diverge.

Attributes where Binance and Huobi differ
AttributeBinanceHuobi
Pricing modelfreemiumtransaction
PlatformsWeb, iOS, AndroidWeb, Mobile
Founded20172013

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 Binance

  • Launchpad
  • Binance Chain
  • Trust Wallet
  • Binance Pay
  • Desktop support

Only in Huobi

  • Primelist
  • HT Token
  • Huobi ECO Chain

Both cover

  • Spot Trading
  • Futures Trading
  • Margin Trading
  • Staking
  • Web support
  • Ios support
  • Android support

What people use each for

The jobs each tool is most often brought in to do.

Binance

  • Exchangesnot Huobi
  • Tradingnot Huobi
  • Definot Huobi

Huobi

  • Spot trading of cryptocurrencies and altcoinsnot Binance
  • Futures trading with leveragenot Binance
  • Copy trading from experienced tradersnot Binance
  • Automated trading via botsnot Binance

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Binance

  • Unavailable to EU users after failing MiCA fit-and-proper test on July 1, 2026
  • Restricted access in roughly two dozen jurisdictions globally with ongoing regulatory pressures
  • Derivatives restrictions in Europe, UK, and Australia due to regulatory requirements
  • US residents face significant restrictions and must use limited Binance.US platform
  • Withdrawal times in allowed US states extend to 72 hours versus minutes elsewhere
  • Past violations including failure to file suspicious activity reports and processing transactions for sanctioned jurisdictions

Huobi

  • Cryptocurrency market volatility
  • Regulatory restrictions in some jurisdictions

Pricing, plan by plan

Binance

Free
  • StandardFree
    • Spot trading
    • Staking
    • Savings
  • VIPFree
    • Reduced fees
    • Priority support
    • API limits increase

Huobi

Free

No published plan breakdown. See the Huobi review.

Which should you pick?

Choose Binance if

  • You need launchpad.
  • You want to start without paying.
  • You work on Web, iOS, Android.
  • You also want binance chain.

Choose Huobi if

  • You need primelist.
  • You want to start without paying.
  • You work on Web, Mobile.
  • You also want ht token.

Questions people ask

Is Binance or Huobi better?
Neither clearly leads. Binance 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, Binance or Huobi?
Binance starts at Free and Huobi at Free.
Does Binance or Huobi run on more platforms?
Binance runs on Web, iOS, Android. Huobi runs on Web, Mobile.
Can I use Binance for free?
Both have a free tier, so you can try either at no cost before committing.
What is Binance best used for?
Binance is most often used for exchanges, trading, defi. Of those, exchanges and trading are not what Huobi is typically brought in for.
What can Binance do that Huobi cannot?
Binance covers Launchpad, Binance Chain, Trust Wallet, Binance Pay. Huobi covers Primelist, HT Token, Huobi ECO Chain. Both handle Spot Trading, Futures Trading, Margin Trading, Staking.

Answered from the vendors’ own pages

Binance: Is Binance available in the EU as of 2026?

No, Binance withdrew its MiCA license application in Greece on June 24, 2026, days before the July 1 deadline, and can no longer legally offer services to EU users. New registrations are halted and existing customer services have been suspended.

Source
Binance: What are the restrictions on US residents using Binance?

US residents must use the limited Binance.US platform. Residents of New York, Hawaii, Idaho, and Vermont cannot use the platform at all. In allowed states, withdrawal times extend to 72 hours with significantly smaller cryptocurrency selection.

Source

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