With Zengo, trading Bitcoin (BTC) for Huobi Token (HT) is a safe and secure process. In this guide, we’ll explain how you can use Zengo to swap your BTC for HT tokens as quickly and easily as possible.
Bitcoin (BTC) was the first cryptocurrency to become successful and continues to be popular to this day. It was introduced by an anonymous group or individual named Satoshi Nakamoto in 2008 and officially launched in 2009. Its decentralized nature sets it apart from conventional banking, promoting democratic control over finances. Bitcoin’s transparent, open-source system operates on the blockchain network, which records transactions through interconnected data blocks. It is powered by a proof-of-work (PoW) algorithm, in which new bitcoins are generated through mining. As a result of its rapid growth since its creation, Bitcoin rose to be regarded as one of the most widely used alternative payment methods around the world.
Huobi Token (HT) is a utility token primarily associated with the Huobi cryptocurrency exchange named Huobi Global. While the Huobi Exchange was founded by Leon Li in 2013, the Huobi Token (HT) was released years later, in 2018. At its core, HT is a decentralized digital asset that operates on the Ethereum blockchain and follows the ERC-20 standard. The value of HT is, in part, associated with the reputation of the Huobi cryptocurrency exchange, although various other factors also influence it. The Huobi exchange employs HT for its loyalty program, offering members various discounts as rewards.
Open the Zengo app and click “Actions” in the main menu.
Choose the BTC and HT pair (or vice versa) and type the amount you want to trade.
Carefully review all the details, and click on “Confirm.” Your trade will be completed once you receive a notification from Zengo.
Zengo allows you to trade BTC for HT in a safe and convenient environment. These are some of the reasons why so many users choose Zengo as their cryptocurrency and NFT storage solution:
With Zengo, you can trade, buy, and sell a variety of cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Polygon. Furthermore, as a Web3-ready wallet, the Zengo app supports WalletConnect, which means that it allows you to connect your wallet with a growing list of decentralized applications (Dapps).
Using Zengo, you can ensure the highest level of security for your digital assets. This is done by combining effective security measures such as MPC technology, biometrics, and 3-factor authentication. Additionally, Zengo provides a powerful Web3 firewall for extra security when interacting with a variety of Web3 Dapps. Learn more about Zengo’s security features.
Since Zengo is non-custodial, the wallet gives you full control over private keys, meaning that no one else has access to your savings other than you. Moreover, Zengo provides an intuitive user interface designed to minimize the possibility of human errors when sending or trading digital assets.
At Zengo, you can trade cryptocurrencies at a fair and competitive rate. Additionally, Zengo does not charge any extra transaction fees when sending or receiving cryptocurrencies to and from the Zengo wallet; however, network fees may still apply. On top of that, Zengo allows you to select the gas fee you wish to pay, so you can either pay a higher fee for a faster transaction or a lower fee for a slower transaction. You can find more information in our fees and limits guide.
Zengo employs a sophisticated biometric-based recovery system. In simple words, it means that even if you ever lose your phone or delete the app by mistake, you can regain access to your assets without any difficulty. To do so, simply install the Zengo app again on your new device and log in with your facial biometric ID.
Investing in cryptocurrency can be exciting and captivating, but you should also keep in mind that the cryptocurrency market is often unregulated, and prices can change rapidly. Zengo offers a safe and secure platform for storing and trading cryptocurrencies; however, we do not provide any financial advice to our users. Do your research before investing in any cryptocurrency or NFT.
For more information on swapping BTC to HT using Zengo, please refer to the FAQ section below.
In spite of the fact that both BTC and HT are cryptocurrencies, their uses and characteristics are very different. Bitcoin, the first successful cryptocurrency, operates on its own blockchain, which is also called the Bitcoin blockchain. It serves as a decentralized medium of exchange and a store of value. In contrast, Huobi Token (HT) is a utility token associated with the Huobi cryptocurrency exchange, primarily used within the Huobi ecosystem for various benefits and promotions. While Bitcoin is a universal digital currency, HT’s primary function is to enhance the user experience on the Huobi platform.
In Zengo, trading BTC for HT is done by making use of Zengo’s built-in swapping feature to convert your Bitcoins for Huobi Tokens.
In order to trade BTC for HT securely, you’ll need a reliable crypto wallet that can store both tokens and facilitate trading. This Zengo wallet app allows you to do all of that while also providing enhanced security measures to protect your digital assets.
Yes, minimum trading amounts can change based on market conditions. You can check the current minimum amounts for BTC and HT through the Zengo app. For the most current information, please refer to the app, navigate to the trading section, and select your desired pair. Find out more about Zengo’s fees and limits here.
The Zengo app lets you trade BTC and HT for various cryptocurrencies, including ETH, DOGE, SAND, and VGX. It depends, however, on market conditions whether specific pairs are available. To get the most up-to-date information, open the app, tap on “Actions,” select “Trade,” and choose your desired currencies.
Yes, you can easily send cryptocurrencies from Zengo to other wallets. To start, go to the Zengo app, find the cryptocurrency you want to send, select ” Actions,” click “Send,” and type in the amount and destination address. Follow the instructions on the screen to complete your transfer.
When your BTC to HT trade has been successfully processed, the Zengo app will notify you. Alternatively, you can also see if the trade was completed once the status has been updated from “Trade Pending” to “Trade Received” within the transaction history section of the Zengo app.
Zengo makes buying crypto an easy and fast process. With our app, you can buy a variety of cryptocurrencies directly using your fiat currency via our secure fiat-to-crypto on-ramp gateway. But if the crypto you want isn’t available, you can first buy a popular digital currency or stablecoin. Then, you can swap it for the token of your choice. When you want to buy crypto with Zengo, simply open the app, go to “Actions,” and tap “Buy.” Choose from a number of payment partners and payment options, including Apple Pay, Visa, Mastercard, and bank wire transfers.
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