Bitcoin exchange Huobi became the leader in commission fees in 2018

For 2018, the Huobi cryptocurrency exchange earned $ 483 million at commissions. For comparison, Binance, the leading exchange in terms of trading volumes, made $ 462 million, and the next OKEx – $ 292 million, Bitcoinist reports.

At the same time, Huobi CEO Livio Ven emphasizes that the exchange is attentive to spending money.

“We plan ahead because we don’t know how long the bear market will last. We do not exclude that we will have to fight for existence, ” he said.

At the time of writing, the average daily trading volume on Huobi was $ 247.3 million, the exchange ranked ninth in the CoinMarketCap rating.

Note that in December, Huobi, along with Bithumb and OKEx, led the anti-rating of the Blockchain Transparency Institute due to the fabrication of trading volumes on the site – as stated, only 26% of the trading volume on Huobi comes from real traders .

Recall that in January it became known that the total volume of trade transactions of the exchange of Huobi DM derivatives for two months of work exceeded $ 20 billion .

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