Loopholes on Huobi Pro to lower trading fees and earn passive income

Some crypto traders are under the misguided notion that Huobi charges higher cryptocurrency exchange trading fees than competitors. However, taking advantage of the loopholes discussed below will guarantee lower transaction fees than what even the lowest priced competitors have to offer.

An important tip to keep in mind is that there is currently an unofficial OTC market for the Huobi Point Card. When Huobi was issuing Huobi tokens (HTs) for free, some of the platform’s users bought up massive volumes of points’ packages so as to maximize this opportunity.

The exchange site’s users can transact any amount of points and all these points can be transferred via Huobi platform as per the stipulated set of rules.

This loophole can get the fees to go even lower than that:

The Super Rebate Loophole

For the first three months of the program, you will get to earn 30% cashback from all trade fees that your referred friends perform. This not only forms a great earning opportunity on the site, it also creates a welcome loophole to cut down on transaction fees.

Under this scenario, existing users can sign up for new accounts under their main accounts. Trading on these new “referral” accounts will earn their main account rebates! Adding this rebate to the above combination will yield an unbelievably low transaction fee.

To illustrate:

A high trade account holder can buy a VIP20 package at the cost of 1,200 HT (Huobi Tokens). Calculated at the rate of USDT 2.7 per token, this package will cost USDT 3,240 per month.

Take a look at how much they would be able to save on a trade of USDT 5,000 using an approach that combines a VIP20 package, Huobi points and the super rebate:

This figure is in fact a mere fraction of the cryptocurrency exchange trading fees that competitors charge and serves as a convincing reason to start using Huobi Pro.

However, an important point to note is that VIP package users will need to factor in the cost of the VIP package and they would therefore need a minimum trading volume to cover that expense and break even.

The second scenario uses more or less the same approach as in the illustration above but applies for exchange users who do not subscribe to the VIP package.

Consider how much a user would be able to save on a trade of USDT 5,000 using a combination of points’ packages and a super rebate via a third party transfer:

Make use of these loopholes while they last and enjoy the lowest cryptocurrency exchange trading fees ever as well as the opportunity to earn passive income on the Huobi Pro platform.

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