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If you’re reading this guide, chances are you’ve traded cryptocurrency on Huobi, and now you’re looking for a safer way to hold your crypto investments. It doesn’t matter if you are a professional trader or just getting started with crypto; you should store your digital assets in a safe and secure cryptocurrency wallet.
In this how-to withdraw money from Huobi guide, you will learn how to withdraw your funds from Huobi and store them on the world’s best Web3-ready non-custodial wallet, Zengo.
Before starting the process of withdrawing funds from Huobi, you have to make sure your Zengo wallet is set up correctly and good to go.
Zengo is a next-generation cryptocurrency wallet app that uses industry-leading MPC technology that you can easily download and install on any mobile device. Zengo performs better than any hardware wallet and is more secure than any centralized cryptocurrency exchange due to its guaranteed account recovery feature, no private key vulnerability, and built-in Web3 firewall.
Checking whether your funds have arrived in the Zengo app is very simple and straightforward. Simply open the app, log in with facial recognition, and check the main balance page. If you want to see an overview or more details about certain transactions, simply open the history tab by tapping on the ‘’History’’ button on the lower right corner of your screen.
Zengo is a must-have crypto wallet for those seeking a secure non-custodial wallet on which to store cryptocurrencies and NFTs as well as access DeFi trading and staking platforms.
Zengo is one of the safest and most secure crypto wallets available to retail users today. The wallet app utilizes state-of-the-art MPC technology, three-factor authentication with biometric login and transaction confirmation for an extra layer of security. With Zengo, you don’t need to remember any difficult seed phrases as your face is used to generate a truly unique and secure seed to access your digital assets!
With Zengo’s non-custodial wallet, you are in complete control of your own private keys without having to worry about security or losing access to your funds. Furthermore, our fiat on-ramp service allows you to easily diversify and grow your crypto portfolio by purchasing your crypto of choice with fiat currency. Aside from that, you can also take part in our savings program.
If you ever need any assistance with your Zengo wallet, you can contact our real human customer support staff at any time, even on weekends and holidays. Alternatively, you can check out our Help page to see if your question has already been answered.
With Zengo, you can easily send crypto to other wallets or ‘’cash out’’ to fiat whenever you want. To send crypto to other wallets, tap on the ‘’Actions’’ button located in the main menu followed by ‘’Send’’. Now, simply fill in the amount of crypto you want to send, paste the receiving address or scan the QR code, and verify the transaction.
Rather cash out your crypto earnings to fiat? No problem! Simply tap on the ‘’Actions’’ button, and then on the ‘’Sell’’ button. As of writing this guide, you can sell your digital assets for Euros, British Pounds, and/or United States Dollars.
Note that you have to connect your bank account to your Zengo wallet prior to requesting a fiat withdrawal and that it may take a few days for your funds to arrive.
In case you still have questions on how to withdraw your digital assets from Huobi, check out the FAQ section below.
Huobi is a Seychelles-based cryptocurrency exchange founded in China in 2013. Nowadays, it is a full-fledged digital asset trading platform where users can buy, trade, and lend cryptocurrencies. Participants of the Huobi ecosystem can also take part in high-yield investment programs such as Huobi Earn and Dual Investment and copy other traders’ trades from within their own accounts via Huobi’s Copy Trading services.
The main difference between Huobi Global and Zengo is that Zengo offers users a non-custodial wallet service while Huobi has custody over its client’s funds. Apart from custody, another key difference is that Zengo acts as a gateway to Web3 while Huobi Global is a centralized exchange.
Huobi charges withdrawal fees on a per-coin basis and according to market conditions. You can learn more on this topic here.
As of writing this guide, non-verified users can withdraw up to 0,06 BTC from Huobi whilst users that have passed the Know Your Customer procedure can withdraw up to $50,000 daily or $500,000 monthly in digital assets.
Huobi strives to process all withdrawal requests as quickly as possible. Despite this, we were unable to find any specific claims made by Huobi regarding this issue when writing this guide.
In general, most cryptocurrencies are processed within half an hour, but it may take up to 2-3 hours, depending on the digital asset and blockchain network chosen.
Although withdrawing money from Huobi is quite an easy task, it can be quite daunting for beginners, and there are some things that can go wrong. For instance, you can accidentally enter the wrong receiving address or select the wrong blockchain network. We highly suggest double-checking all details before finally confirming any cryptocurrency transaction.
To withdraw crypto to fiat from Huobi using STCoin, log into your account, click ‘’Exchange Account’’ under ‘’Balances’’, followed by ‘’Withdraw’’ next to the fiat balance you want to withdraw. Fill in the form that you are presented with and click the ‘’Confirm’’ button.
Alternatively, you can just send your digital assets to your Zengo wallet and store them there until you decide to sell them.
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