Cryptocurrency & Blockchain · head to head
Huobi vs Alchemy
Huobi
Cryptocurrency & Blockchain
Global digital asset trading platform
- From
- Free
- Rated
- -
The short version
- Each has a real cost: Huobi cryptocurrency market volatility; Alchemy the free tier is capped at 30M compute units a month and 25 requests per second
- They diverge on capability: Huobi covers Spot Trading, Alchemy covers Node APIs.
Where they differ
Only the attributes on which Huobi and Alchemy actually diverge.
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).
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 Huobi
- Spot Trading
- Futures Trading
- Margin Trading
- Staking
- Primelist
- HT Token
- Huobi ECO Chain
- Ios support
Only in Alchemy
- Node APIs
- Enhanced APIs
- NFT API
- Webhooks
- Mempool
- 35+ chains
- SDKs
- Api support
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Huobi
- Spot trading of cryptocurrencies and altcoinsnot Alchemy
- Futures trading with leveragenot Alchemy
- Copy trading from experienced tradersnot Alchemy
- Automated trading via botsnot Alchemy
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
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Huobi
- Cryptocurrency market volatility
- Regulatory restrictions in some jurisdictions
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
Pricing, plan by plan
Huobi
FreeNo published plan breakdown. See the Huobi review.
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
Which should you pick?
Choose Huobi if
- You need spot trading.
- You want to start without paying.
- You work on Web, Mobile.
- You also want futures trading.
Choose Alchemy if
- You need node apis.
- You want to start without paying.
- You work on Api, Web.
- You also want enhanced apis.
Questions people ask
- Is Huobi or Alchemy better?
- Neither clearly leads. Huobi starts at Free and Alchemy at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Huobi or Alchemy?
- Huobi starts at Free and Alchemy at Free.
- Does Huobi or Alchemy run on more platforms?
- Huobi runs on Web, Mobile. Alchemy runs on Api, Web.
- Can I use Huobi for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is Huobi best used for?
- Huobi is most often used for spot trading of cryptocurrencies and altcoins, futures trading with leverage, copy trading from experienced traders, automated trading via bots. Of those, spot trading of cryptocurrencies and altcoins and futures trading with leverage are not what Alchemy is typically brought in for.
- What can Huobi do that Alchemy cannot?
- Huobi covers Spot Trading, Futures Trading, Margin Trading, Staking. Alchemy covers Node APIs, Enhanced APIs, NFT API, Webhooks. Both handle Web support.