LONDON, UK — JANUARY 12, 2021 — the
global crypto exchange leader, Huobi has announced support for
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 up on completion they will have to
select “AdvCash Balance” as payment method followed by the amount
they wish to deposit. After selecting “Pay” the user will be
redirected to AdvCash platform where they can create an account/log
in 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 ruble, Huobi Global is expected to extend support
for other fiat currencies in the near future.
Distributed by Pressat