Background
In the crypto world, associating oneself with a good exchange is as good as having a great coin in a wallet because the coin can be traded for other coins as well as one can claim value for their crypto asset. In my first post on the Spotlight on Huobi Global Exchange campaign, I will be writing about Huobi global looking into its history, how to register, how to deposit and how to withdraw, so you should sit tight and enjoy the post.
About Huobi Global
Huobi Global, founded by Leon Li in 2013 in China has been one of the major exchanges in the cryptocurrency industry giving access to trade over 300 coins and having about 1000 pairs among 6 base pairing coins BTC, HT, ETH, USDT, HUSD, and TRX. Headquartered in Singapore, Huobi moved its headquarters out of China due to regulations which weren’t favorable to crypto exchanges. Huobi Global now has offices in different countries from Indonesia, USA, Argentina, Thailand, Japan, Korea, and many other countries. Huobi Global has a company is into several businesses from trading, cloud service, Research Institute, University to learn blockchain technology, Huobi Lab, Huobi mining pool, Huobi Chat, Industry Empowerment Center, Huobi News, Huobi Capital, Huobi Global Ecosystem Fund and many more coming up in the future.
Huobi Exchange
Huobi global exchange is Huobi’s major business and it is has earned its position as the second crypto exchange in the world according to the volume of daily trade. Trading over $6B in volume daily and having over 300 coins as well as tokens which can be traded to get other tokens as well as accepts P2P trade of Fiat to crypto.
Huobi Pro’s is one of the most impressive exchange platforms out there giving the functionality that experienced traders want from a complex exchange while still remaining accessible to novices who do not understand how a crypto exchange works
Registering on Huobi Exchange
Registering for an account on Huobi is as easy as eating pancake. After loading the Huobi exchange page https://www.huobi.com/ the next step is to click on the Sign up button in the upper right corner of the page which will take you to the registration page https://www.hbg.com/register/.
Registration can be as easy as using either an email or a mobile number and choose a password. The password should be within 8 to 20 character longs and for security purposes, it should be a combination of upper case, lower case, number and a special character.
With this being filled properly, an account is ready on Huobi exchange. For security purpose, you are advised to use a two factor authenticator to authenticate activities such as login, transfer, and withdrawal from the account.
Depositing Crypto coins on Huobi Exchange
After creating an account, the next step is to deposit a crypto asset into your account. On your balance page, you can choose from the numerous coin available for deposit.
For security purpose, the address and the tag is sent to as a mail before disclosed on the exchange page.
There is a minimum balance that should be deposited, also coin should not be sent to the exchange if the address in the email differs from the address on the exchange. You can copy the address or use the QR code to get the address but while doing any of the options, be sure not to be making mistakes.
Withdrawing Crypto coins on Huobi Exchange
On the balance page, you click on the withdrawal button of the desired coin to withdraw.
Be sure to insert the right address into the exchange address as tokens sent to the wrong addresses cannot be retrieeved once sent.
When the withdrawal is clicked, the security authentication screen appears which allows users to enter the verification codes sent to the email and the two-factor authentication code.
After withdrawal has been made, it can be tracked via looking at the history as well as checking the block explorer of the coin.
My Conclusion
Huobi exchange is an exchange that is very easy to navigate around and easy to understand from its registration, deposit, withdrawal and other activities. In my next post, I will writing about how to trade on Huobi exchange. Thanks for reading
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