Q&A — Livio Weng, CEO of Huobi Global.

What’s up people?! Today I’m sharing nothing less than a spanking doodle fresh Q&A with the CEO of Huobi Global, Livio Weng.
Exchanges, we can’t live with and without them. Like, literally. When trading on an exchange it’s important to have some decent volume (like at Huobi), but maybe even more important; good trading opportunities.
The past months (or YEAR) people were waiting for their “altseason” but overlooked the fact that in the meantime #HuobiSeason started in full force.

I had the chance to ask Livio all about the latest developments going on at Huobi Global, so…
Without further ado, let’s start! 🔥
“Hi, Livio! My readers would love to get to know the CEO of Huobi Global a little better, who are you?”
I graduated from Tsinghua University with a Masters in Software Engineering. Before joining Huobi, I have always believed in the crypto industry. I started mining bitcoins with GPU back in 2010. Back then, Bitcoin was only popular among some tech geeks. I mined a lot of bitcoins just for fun. At that time, I felt bitcoin was too easy to mine that I didn’t care about it. Later, I lost my computer, and bitcoin with it.
In 2018, a headhunter came to me, and then I talked with Leon Li, CEO of Huobi Group, and COO Robin. We exchanged some opinions about the future of the internet and the blockchain industries, and I found that we shared some values and attitudes towards users and businesses.

Leon is very pragmatic and pays close attention to user interests. He hopes to promote the real development of the blockchain industry and make the world a better place with his own efforts. It touched me, making me feel, together with him, we could create a new era.
“Huobi was founded in 2013, and is still extremely popular while lots of old exchanges died in regards of volume, what is Huobi’s secret?”
There are lots of aspects that make Huobi one of the front runners. I’m going to elaborate on a few:
Liquidity
In terms of liquidity of major coins, like BTC, ETH, LTC, etc., Huobi is always among the first tier. This is one of the main reasons, many of our institutional clients have been with us for many years.
Scope of services
Our advantages are also reflected in having different types of trading, like OTC, crypto-to-crypto markets, margin trading, and derivatives trading, to satisfy all kinds of trading needs of our users.
Compliance advances in global markets
We have also been making forays into global markets, we are mainly focusing on the other big markets including Japan and South Korea, and we are obtaining licenses on these markets.
Security
Security and risk control are what we most pride ourselves on, as we’ve never had a security accident over the past 6 years since establishment. The only one among the top exchanges with such a track record.

In the upcoming future, we will continue to enrich and expand our product lines, we will launch perpetual contracts very soon. Our trading fees are very competitive due to, HT tiered trading fees. We have plans to list more Turkish projects and customized fees for the Turkish community.
“I think a big part of Huobi’s success is the fact that you are present in all parts of the world, both online and offline. How do you guys manage all these communities at once?”
We started to reach out to the global markets since 2017. Huobi has so far established offices and teams within cities around the world, such as London, Hong Kong, Dubai, Tokyo, Seoul, Istanbul, Gibraltar etc.
We have a booming Huobi community, led by Huobi Knights, our community volunteers. They are helping us managing online communities, hosting off-line events, and creating educational materials.
So you might think Huobi is mainly popular and based in Asia, but we are alive and up and running 24/7. We are a truly global company.
“What role does your native Huobi Token has within the Huobi ecosystem?”
Huobi Token is the value carrier of the Huobi ecosystem with different use cases.

HT can be used for:
- Enjoying discounts of trading fees in Huobi spot, margin, and derivatives trading when HT deduction is turned on;
- Participate in Huobi Prime & FastTrack;
- Huobi Elites to pay deposits in HT;
- OTC merchants to pay deposits in HT;
- Investing in Huobi Eco-fund;
- Paying for OTC legal Services;
- Participating Huobi Eco-pal trading zone;
- Paying Huobi Cloud deposits;
- Paying for expenses on Huobi Club.
“Besides having listed around 230 assets, you also add new projects through Huobi Prime. What can you tell us about that?”
As a coin trading platform, Huobi Prime was designed from the ground up to be a more innovative, direct, and responsive way to access up and coming new tokens. We call it a Direct Premium Offering (DPO) platform.
Huobi Prime offers users a number of key advantages, including:
- Coins purchased through Huobi Prime are immediately deposited into the user’s accounts and are tradable on Huobi Global against Huobi Token (HT), our native token. No need to wait for presales or similar delays.
- Rigorous screening and selection processes to ensure only premium projects that have yet to be listed on any major exchange are included.
- Early access to coins at below-market prices.
- Access for both big and small players. Huobi Prime will be open to personal users, not just professionals or VIPs.
Customer demand and user needs are at the forefront of everything we do at Huobi. Huobi Prime is very much an extension of that. Powered by Huobi Token, Huobi Prime keeps our brand at the forefront of the ever-changing digital asset marketplace.
“Earlier you mentioned the “Huobi Knights” program, can you tell us some more?”
Huobi Knights program can be summed up as a “super Huobi user program”. Huobi Knights are a bunch of passionate volunteers from within our community that support our platform in various ways, primarily by promoting the Huobi ecosystem and assisting our user base with questions and concerns.
At Huobi, we focus on creating the best possible customer experience and Huobi Knights play a major role by acting as a bridge between Huobi and the communities we serve.
In return, they can get some benefits exclusive to them, like free training and one-to-one mentoring opportunities, allocation in Huobi Prime and FastTrack, chances to travel to our headquarters to meet and have dinner with our C-level management, etc.
We launched this program in August, and now we have recruited many Huobi knights in different countries around the world. And they are actively promoting the Huobi brand on the ground in the local markets.
Learn more about the Huobi Knights program here:
“For traders who bring in lots of volume you launched a special VIP program, can you elaborate on that?”
The Huobi All-Star VIP program was launched in celebration of the 6th anniversary of Huobi.

There are three points you must know about the program:
- If you are already a VIP user enjoying trading fee benefits with HT deduction, now with this program, you can enjoy an extra 30% off on the fees, as low as 0.0012%
- If you are a VIP trader on another exchange, you can join now and enjoy the same level of fees on Huobi.
- The discounted fee schedule of Huobi All-star VIP program encompasses all aspects of Huobi: spot trading (www.hbg.com), margin trading, and derivatives on Huobi DM (hbdm.com).
“In terms of future development and milestones, what are you looking forward most to?”
We have a lot of programs lined up, here I’ll just mention a few:
- Turkish Lira trading platform
- Perpetual contract trading
- Focus on more Peer to Peer transactions
- Huobi Lite (more user-friendly OTC trading platform)
- More advances in Huobi pool staking.
Stay tuned for more details!
“How can people stay up-to-date?”
Follow us on Twitter and check out our Medium:
Livio Weng: https://twitter.com/livio_huobi
Huobi Global: https://twitter.com/HuobiGlobal
Medium: https://medium.com/@huobiglobal
I am not a financial advisor who tells people to buy certain assets.
That being said, besides being invested in Huobi (HT), I am being compensated for my time writing this article.
If you don’t have a Huobi account yet, I recommend to get yourself one.
You can sign up here: https://www.huobi.vn/en-us/topic/invited/?invite_code=9sdx3
Thanks for reading,
Mr. Backwards
