HOME CATEGORIES WRITE AND EARN 🔍
CATEGORIES WRITE AND EARN MORE

CRYPTO NEWS

Your favorite crypto news blog

Huobi Now Supports RUB Deposits and Withdrawals, Announces Crypto Purchase Campaign

Crypto 2021/01/12 17:42 by Guest Author

The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform. The new feature is introduced in collaboration with also enables users to purchase popular cryptocurrencies like BTC, ETH, LTC, USDT, EOS, BCH, ETC, BSV, DASH, HT and HPT with ruble, and works in collaboration with AdvCash — a leading fiat and crypto payment solutions provider.

Welcoming the new addition, Huobi Global is also offering RUB deposits and crypto purchases using the said fiat currency through AdvCash wallet. However, the minimum deposit and withdrawal limits for RUB is 200 RUB while the maximum stands at 100,000 RUB and 50,000 RUB, respectively.

The whole process of conducting RUB transactions on Huobi through AdvCash is quite simple and straightforward, requiring users to submit necessary identity details for verification on AdvCash before completion. To fund their account with RUB, users will have to just log into their Huobi Global account, navigate to “Deposit-Exchange” option under “Balances” and select RUB from the list of supported currencies to deposit.

At this stage, users will have to complete and verify their KYC in case it wasn’t already done, and upon completion, they will have to select “AdvCash Balance” as the payment method followed by the amount they wish to deposit. After selecting “Pay” the user will be redirected to the AdvCash platform where they can create an account/login and complete the payment process using any of the options provided by AdvCash wallet.

After successful completion of the payment, the platform will redirect the user back to the “Deposit” page, from where they can go ahead conducting business as usual. All transactions made into and from the user’s account on the platform are recorded and made easily accessible to the respective account holder.

Using RUB during the promotion period allows users to save 0.99% and 2.49% on deposit and withdrawal fees, respectively.

Following the inclusion of the ruble, Huobi Global is expected to extend support for other fiat currencies in the near future.

Image by Сергей Корчанов from Pixabay

0 Like(s)



You should also read...

Crypto 08/12/19 16:01 by Kevin Helms
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could...
Read More
Crypto 19/05/20 02:10 by PR DESK
Remitano Adds Nigerian Naira Wallet with Instant Trade Feature
Remitano, one of the most popular peer-to-peer cryptocurrency marketplaces in Nigeria, has added a fiat wallet for Naira (NGN). This brand-new Naira fiat wallet will allow users (of Level 2 and ab...
Read More
Crypto 20/05/20 17:15 by Livine Sanchez
The Best Crypto Derivative Exchanges of 2020
The cryptocurrency derivatives market is in rude health. According to a recent report by TokenInsight, total futures trading volume exceeded $2 trillion in the first quarter of 2020, up 314% from the...
Read More
Crypto 17/06/20 12:02 by Guest Author
KuCoin Partners with PayMIR, Makes Crypto Purchase with RUB Possible
KuCoin, the IDG-backed crypto exchange now enables its users from across the world to purchase cryptocurrency with Russian Ruble (RUB) using credit or debit cards. The new feature is made possible by ...
Read More
Crypto 17/06/20 12:33 by Guest Author
OKEx Paxful Join Hands to Promote Crypto Adoption
The popular cryptocurrency derivatives and spot trading platform, OKEx has entered into a strategic partnership with Paxful, leading P2P Bitcoin marketplace to promote cryptocurrency adoption. Accordi...
Read More