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Crypto · head to head

FTX vs Huobi

FTX logo

FTX

Crypto

Cryptocurrency derivatives exchange

From
Free
Rated
-
Huobi logo

Huobi

Crypto

Global digital asset trading platform

From
Free
Rated
-

The short version

  • Each has a real cost: FTX the exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022; Huobi cryptocurrency market volatility
  • They diverge on capability: FTX covers Options, Huobi covers Margin Trading.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which FTX and Huobi actually diverge.

Attributes where FTX and Huobi differ
AttributeFTXHuobi
Pricing modelfreemiumtransaction
PlatformsWeb, Ios, AndroidWeb, Mobile
Founded20192013

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Crypto).

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 FTX

  • Options
  • Leveraged Tokens
  • FTT Token
  • Serum DEX

Only in Huobi

  • Margin Trading
  • Staking
  • Primelist
  • HT Token
  • Huobi ECO Chain

Both cover

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

What people use each for

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

FTX

  • Exchangesnot Huobi
  • Derivativesnot Huobi
  • Tradingnot Huobi

Huobi

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

Where each one falls short

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

FTX

  • The exchange collapsed and FTX Trading Ltd filed for Chapter 11 bankruptcy protection on 11 November 2022
  • Around 130 affiliated companies including Alameda Research entered the same proceedings, with more than 100,000 creditors and assets and liabilities each between $10 billion and $50 billion
  • Founder Sam Bankman-Fried resigned as CEO on the filing and was replaced by John J. Ray III
  • It is not a service anyone can sign up for; the estate exists to repay creditors

Huobi

  • Cryptocurrency market volatility
  • Regulatory restrictions in some jurisdictions

Pricing, plan by plan

FTX

Free
  • StandardFree
    • Spot trading
    • Futures
    • Options

Huobi

Free

No published plan breakdown. See the Huobi review.

Which should you pick?

Choose FTX if

  • You need options.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want leveraged tokens.

Choose Huobi if

  • You need margin trading.
  • You want to start without paying.
  • You work on Web, Mobile.
  • You also want staking.

Questions people ask

Is FTX or Huobi better?
Neither clearly leads. FTX 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, FTX or Huobi?
FTX starts at Free and Huobi at Free.
Does FTX or Huobi run on more platforms?
FTX runs on Web, Ios, Android. Huobi runs on Web, Mobile.
Can I use FTX for free?
Both have a free tier, so you can try either at no cost before committing.
What is FTX best used for?
FTX is most often used for exchanges, derivatives, trading. Of those, exchanges and derivatives are not what Huobi is typically brought in for.
What can FTX do that Huobi cannot?
FTX covers Options, Leveraged Tokens, FTT Token, Serum DEX. Huobi covers Margin Trading, Staking, Primelist, HT Token. Both handle Futures Trading, Spot Trading, Web support, Ios support.

Answered from the vendors’ own pages

FTX: What happened to FTX?

FTX filed for bankruptcy on November 11, 2022, after revelations about Alameda Research's massive holdings of FTX's token (FTT) triggered a liquidity crisis. The platform collapsed within days as a competing rescue deal fell through.

Source
Huobi: What assets can I trade on HTX?

HTX offers spot trading for over 700 assets at competitive prices, plus futures trading with leverage and automated trading bots.

Source
FTX: Can I recover funds from FTX bankruptcy?

FTX has been in Chapter 11 bankruptcy proceedings since November 11, 2022. Customer funds have been subject to claims through the bankruptcy process, with asset recovery efforts ongoing.

Source
Huobi: What fee discounts are available on HTX?

HTX offers fee rebates up to 30 percent for margin trading and exclusive futures fee rates for partners. The platform also offers a sign-up promotion of up to 1,500 dollars for new users.

Source
Huobi: Is there a minimum deposit to start trading on HTX?

HTX does not specify a minimum deposit amount on its public pages. You would need to check during account setup or contact their support for this information.

Source
Huobi: Can I withdraw my funds 100 percent from HTX?

Yes, HTX guarantees 100 percent withdrawal capability. The platform uses cold, hot, warm, and multi-party offline wallet storage for asset custody.

Source
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