Bitcoin Forum

I just got an e-mail from Huobi about this cool offer and wanted to share it

You deposit 400 UNI and get $50 in free credits for trading - just did it and will be getting the credits next week.

Free is good imo.

Here is the deposit if you want to join in  https://www.huobi.com/en-us/finance-beta/deposit/uni/ (https://www.huobi.com/en-us/finance-beta/deposit/uni/)

No need to thank me - enjoy the free trading

Its cool, You have good profit through UNI and also 50$. You are rich my friend.

400 UNI means 2400 USD! Although 50 USD is also a good reward for trading. I have to buy 400 UNI from another exchange, then deposit it to Huobi exchange. Right now this money is huge for me, but even though I want to see the announcement from Huobi exchange.

Amazing you have free uni which price is good and people are really enjoying it right now. Exchange really offer like this that you need to deposit and get the bonus. This is the biggest free money in crypto right now for having uni you are very lucky man congratulations.

Every exchange wants to get a share of the Uni-airdrop hype that is going on right now.
If a certain percentage of those who get the free credit from huobi stays there and trades frequently they will soon have their 50$ back.
But of course for those who received the Uni airdrop it's a nice additional bonus.
Even more annoying for people like me who got nothing  ::)

LOL, you can wait for GAS price to drop. On the first day of the UNI distribution, people scrambled to sell them all because it was free and they accepted to pay $ 50 to get $ 1200 in return. I believe GAS is down now because everyone has sold out their UNI.

This is what i was also thinking . i missed the UNI airdrop but managed to get it from binance once it was listed . why not send it to Huobi for additional 50$ as op said.

It seems to be a tactic employed by exchange to increase the trading volume as UNI is the talk of the town right now . But hey I wouldnt complain too much as you are essentially getting extra 50 bucks for depositing the coins which you already own.

True, one of it... Another one is getting user KYC because if you want to withdraw you need to complete Level 2 KYC authentication.

IMO looks like the reward can't be cash out instantly, probably you need to trade xxx amount money to withdraw it or you only can withdraw the profitfrom $50 reward. So it sounds like marketing strategy instead of free reward.

term and contion must happen while exchanges give us free bonus. we must read it clearly before deposit or we will regret later when read the term and condition. as marketing stratey its really work for traders that active in market , but not for long term trader .

It is a marketing strategy I have seen it happen in many exchanges and it is the practice of all the exchange to be able to withdraw your bonus you need action on your part and most of these are trading and depositing they have done this to prevent abuse and to increase the volume of their trading platform, I'm ok with it if the platform has a  good reputation.

Not everyone is lucky, bro, as well as me who has missed the rare opportunity to get uni for free, I intend to buy but I still think whether the price will continue to increase or will decrease.

I believe you misread the whole content of the OP. Base on his post, You will get 50$ when you deposit 400 $UNI in houbi which is in contrary on what you guys posting that OP has 400 UNI. I don't what is the exact mechanics of that promo but 400 Uni is a big requirements for a 50$ bonus.

In Okex, they offering up to 110$ on there new user promo that requires only a 100$ trading volume on there exchange using any crypto.  ::)

Not only cool, but this also gives new enthusiasm for those who haven't got it, because the person who gets the reward is the person who has done things that reward him or her in the past on that platform.

It requires to log in for us to see the terms. Can anyone post the picture of the terms for this deposit? I think huobi is also riding the wave and they can see that there's a very much liquidity for Uni.

$50 is just nothing for them if they can get a lot of traders from this promotion. Uni is also a good option for them as it's on the line and is being talked by the community.

It seems every exchanges want to get involved in this UNI of a thing now. It seems to have been established like every other major cryptocurrencies that do not have to contact and make payment to an exchange before getting listed.

dont expect too long for this to survive. exchanges are listing it hoping that they will get the trading fees for this hot token right now. but when everyone realised that this is just a bubble and face the reality of its true impact in the crypto community - i guess, its popularity will subside and we will see its true value in the market.
 right now, enjoy its status in the market but if you are a holder, you need to contemplate on things and decide what to do next...

good news but the price of 400 uni tokens is now very expensive, for traders or people who want to get the bonus it will be difficult because they have to spend around 2000 $, but for those who get uniswap tokens from the event and have not claimed they can take the bonus now.

Very lucky are those who have received UNI tokens for free from the Uniswap airdrop but I love that I didn't get them because I have never traded, well now the tokens are expensive, they will be late buying now afraid that they will fall because of the hype tokens that have been made, but if you are sure with UNI tokens so do trade there or long-term investments.

I'm a believer of dAPPs thats why I'm happy to see that even during this challenging times because of the COVID19 pandemic, still the Defi projects are thriving thats why UniSWAP DEX has gained so much attention because of the Defi craze. lately, the UNISWAP DEX has launched its token called UNI, and there is a limited Airdrop for its users and because of that Huobi exchange has an ongoing promo $50 bucks for just Depositing UNI tokens to Huobi it sounds good and worth to join.

I have not been able to trade on Huobi because of the KYC stuff. i got RSR airdrop last year and the value is over 50usd. i have been holding and reused to sell. the plan is to sell at the end of the year to consolidate my account. for now i don't fancsy throwing in my uni token to Huobi. i rather use BINANCE.

don't forget you will also need to use fees for transferring uni of that exchange so the difference in staying it on your wallet and sending it to that exchange to earn 50$ is only less just add the withdrawal that they will also asked of you want to withdraw your money in other currency such as ethereum for example.

Looks like they want to compete with Uniswap, Binance and OKEX and steal  some UNI volume  :D by offering this $50 credits, It's not bad, it's a great offer but I guess most of the people already sold their UNI. These big exchanges can make a lot of money by trading fees that is why they create an alluring promotions/marketing.

Those were lucky persons who received free UNI from UniSwap last week and now again if they want to exchange the UNI with BTC they will also get some good bonus from OKEX, great offer.

Everyone knows 400 UNI was airdrop for those who were used Uniswap before 31 August, and most of the users claimed the 400 UNI free from the UNISWAP reward; this is good for them to get $50 from Houbi for trading also, those who have not received they can again buy for getting reward $50.

What if Huobi suddenly cease trading and close all accounts and exit scam? You will then be left from 400 uni that is worth over $2000 and also without $50 token that the y gave you.  Point of cryptocurrency is decentralised finance. Now keeping your coins on centralised points of failure.

That's what they should do for the hype of it, they need more volume so people will be attracted to sell their UNI on their platform, at the end of the day it is the exchange who made the most of the money and not the traders. $50 seem to be a huge reward for depositing your UNI on their platform, but the fees of going in and out will kill you eventually, they know what the fee will be one they got a high volume of UNI on their platform.

I find it too good to be true that just by depositing you get to earn $50 so how about withdrawing UNI?

Houbi is one of the major exchanges today though so I wouldn't really think they would be scamming at all but will probably entice just make their best to get every UNI we have in our wallets. I'm not seeing any relation between Uniswap and CEX, is there?

I don't see the need to jump on this offer, people need to stop depending on CEX for trading, things is changing very fast in the space and I believe some of these CEX are seeing it unfolding in their own eye, we just need a better scaling solution and this will mark the end of most of these CEX. $50 just don't worth it, you have $1200 free of charge

Luckily for those who already got UNI for free and now huobi also offer enough prizes, a very good strategy to increase the volume of UNI and make huobi even more recognized by many people.
People who don't get UNI for free now can only bite their fingers (Including me :'()because if they buy 400 UNI now they are very scared

It can be easily said that the top exchanges are exposing themselves especially with recent moves, the greed and unfair business is showing clearly and now this 50 buck trafing incentive by Huobi is also kind of a luring incentive to invite airdrop users to their platform to generate revenue, volume, liquidity and also get some new traders.
I hope we will see fair business and competition from the top exchanges that does not damage their reputation, name and respect and they would avoid being greedy and feeling insecure about competiton, provide vetter platform and services and you will get the traders and volumes, simple.

Seriously who believes in such trade? You guys really think that spending 2k bucks for getting 50 bucks is worth a shot? Lolz. Man, UNI can drop at any minute and you may end up loosing few bucks in the process, the unstable realm of crypto-currency!!

I think anyone joining this promo must understand, your expenses should be based on your future goals and not temporary illustration of getting few bucks for free. IDK, by giving 2500 USD you are more or less doing favour to seller itself. Think!

Ok, huobi wants sell wall liquidity for those i guess, but how much does it costs to move those unis in there right now? Fees were terrible while ago, but i guess they aren't over 50 bucks.

I think the hype at UNI will continue until the end of the year, because Uniswap the usual exchange places are still busy and widely used, and also Uniswap is ranked 1st for fees on the ethereum network.
can you imagine that this hype will last a long time.

I have also participated in this event but at the announcement of this event and the UNI gets a pump to its ATH. If you were participating in this event and you will not get only $50 as free money from your UNI but you will get the advantage caused by the increases that happened in the market too.

That means you will get some advantages from your UNI a free money from huobi and from your UNI.

I hope there will be another good event like this one too.

I don't think it worth it, You need to pay gas fee every time you deposit or withdraw something and with this crazy ethereum network i don't know when you get your tokens to huobi!
Not every airdrop worth it!

Really? Id rather dumped the coin on uniswap itself. I know huobi is a big exchange and I can see a good reason to trust it. Probably thats a technique to increase liquidity for their exchange what is 50$ if a high traded coin is available on their exchange? They would earned more actually.

But compared to uniswap high gas fee its not bad actually right?

I agree with you, currently the ethereum network to pay gas tariffs has reached the stars, and it is not at all convenient to make many moves on the ethereum network for the moment, but of course it would compensate with the $ 50 bonus that it will receive, which in the end it will be $ 35-40 net of the fees paid previously

good information. But I don't have enough funds to buy 400 uni and send it to houbi exchange and get $ 50 free.

This is an exchange strategy to increase the volume of the huobi exchange

Of course, this is a tempting free bonus, but there are pitfalls here too. The transaction fees are very substantial, but what about the up-and-down spikes. The Houbi Exchange is not your decentralized wallet, you never know at what point they can perform maintenance. I do not want to say anything bad about Houbi, but I have come across this on other exchanges, and I am very dissatisfied, remained with such actions.

It was so lucky for all the people who receive UNI token and get this FREE $50 bucks from the Huobi exchange. Nice promo of Huobi exchange right now using the trending UNI token.


Is it worth it to buy 400 UNI to avail the $50 in Huobi exchange? The gas fee is too high right now. So think twice.

I think it was a late offer because on the first day UNI was distributed, Binance had already listed uni to take the flow so that turnover dominated their market.
however buying 400 uni for now is so expensive it's around 2k $ people will think of buying it unless those who haven't claimed their reward token yet.

Is this offer available for all or only for those users who received the mail? Though I don't have an account at Huobi, so if you can clear me a new account is ok & Minimum UNI to get the 50$ credits offer. Its seems like 50$ free money. Thanks

if not for the additional 50 usd wont you call him rich arent you . they cant be rich with those yet but they can be if they wont sell thier uni and have waited for its price to cross a million  . not per coin but per 400 uni minimum or more  .

 i search the offer the offer in google but i didnt see houbi said something about this excpet from this thread here  , oh well maybe this message does only exist on the email  but we still need to be careful to avoid getting phished , hacked or scammed  .

It's two scenarios for those who have received Uni. First, they've dumped it and get out happily with all the money that they've profited with this airdrop at a higher price.

Second, for those who have missed to sell it at the peak can still profit from it if they'll go with this offer. But they should comprehend and decide if it's worth it for them to let it be with Huobi.

thanks for this but 50 usd is just almost 2% of the amount need to be deposit?

sorry but i don't think i will spend that amount just to risk in this Pumping coins,thinking that in any chances the value will fell into much lower price.

No if i have to use that 2400$?i will buy at least 6 ethereum instead for more safer trading and investing.

not bad wish had got on uni earlier for airdrop

My opinion, currently for the price of 400 UNI is high and people think twice about doing it plus the terms and conditions apply only to get $ 50 in free credits for trading.

yap, i just made 50 usd.. thanks for the money ..