🔥Transaction Fees From 0.01%: Learn How To Join As A Prime Member Today!
Huobi Global works constantly to improve the user experience, and has recently released a brand new Prime membership system offering various benefit levels to its users. Under the new system, members stand to enjoy spot transaction fees from as low as 0.0111% — a rate much lower than that offered by many competing exchanges.
For example, the transaction fee for the highest-level Prime members who make a trade worth 1 million USDT is just 111 USDT, which is nearly 50% lower than that offered by other top tier VIP rates given by other exchanges.
This article aims to answer frequently asked questions regarding the new Prime membership system.
1 . What is the Prime new membership system?
The newly released Prime membership system, which consists of 12 member levels (Prime 0–11), is an upgrade to Huobi Global’s previous membership system. The new system has simpler classification rules for different member levels, more diverse ways for level upgrading, and a greater variety of member benefits to meet the needs of different investor types.
2. How is the new Prime membership system different?
Prime membership offers the most flexible method for users to raise their Prime levels. Users can upgrade their Prime levels simply by trading a certain volume of spot or derivatives products at Huobi Global or maintaining a certain amount of total assets. Huobi Token (HT) holders have the opportunity to expedite their level-up progress as their HTs will be valued at 1.5x their USDT equivalent for the purpose of calculating their total asset value for Prime level qualification.
Users who hold a key account with large digital asset holdings and have long-term trading experience stand to enjoy the “Prime Level +1” express upgrade channel, which offers lower transaction fees. Beginner traders can also tap on the Prime membership system to enjoy services and privileges that usually only apply to users holding higher Prime levels.
🟢 Favourable Rates
The Prime membership system offers very favourable transaction fees compared to many top exchanges. Take spot transactions as an example, where the transaction fee for Prime 11 members (the highest level that requires a trading volume higher than or equal to 1,800,000,000 USDT in the past 30 days) is only 0.0126%. This rate can be further lower to 0.0111% for HT holders.
In comparison, the transaction fee offered to by other VIP level 9 exchanges (the highest level that requires a trading volume higher than or equal to 5,000,000,000 USDT in the past 30 days) members is almost double, at 0.02%.
Prime membership benefits can be classified into five categories: spot | futures trading, HT holder benefits, financial services, and additional wealth opportunities.
Prime members will be able to enjoy discounts in accordance with their levels when trading on Huobi Global, while Prime members who are also HT holders will enjoy an additional 12% discount off the fee rate offered for their Prime level.
Furthermore, Prime members will enjoy added bonuses such as increased chances to win in Huobi Global’s CandyDrop and Primelist events — the higher their level is, the greater the number of winning chances.
In addition to the corresponding fee rate discounts offered at each level, Prime membership also consists of many more benefits, such as more personalized experiences, access to exclusive Huobi Earn income-generating products, APY boosting chances, birthday gifts, anniversary gifts, community activities, and offline gatherings.
High-level Prime members will be offered customized digital asset management services such as investment advisories and industry research reports.
3 How to become a Prime member?
It is now easier than ever for users to become Prime members and upgrade their levels. Users can apply for a Prime level upgrade by simply trading a certain volume of spot or derivatives products at Huobi Global or maintaining a certain amount of total assets.
For example, upgrading from Prime 0 to Prime 1 only requires 1 out of the 3 of the following criteria:
- 30-day trading volume spot trading on Huobi Global reaches 10,000 USDT
- 30-day derivatives trading volume reaches 100,000 USDT
- Have at least 2,000 USDT worth of assets on Huobi Global
Prime members who are existing HT holders will enjoy enhanced perks. Terms of the new program will see the value of HT assets calculated in USDT with the addition of a 1.5 x multiplier, so HT holders can more easily qualify for higher membership tiers.
4. Why should I become a Prime member?
As a global financial service provider of digital assets, Huobi Global is committed to promoting the mass adoption of cryptocurrencies around the world. With more flexibility, more favorable rates and more benefits, the Prime membership system offers almost the lowest threshold compared with many top exchanges.
Both retail and institutional customers will have the chance to enjoy the discounts and benefits, as Huobi Global aims to offer all users better digital asset services and more opportunities to help grow their wealth.