how to swap coin on huobi

Huobi, a user-friendly cryptocurrency exchange, offers a seamless step-by-step process to swap coins, including features like limit orders, market orders, stop orders, and transparent trading fees.

Oct 25, 2024 at 07:15 am

How to Swap Coins on Huobi

Huobi is a leading cryptocurrency exchange that offers a user-friendly platform for trading various digital assets. Here's a step-by-step guide on how to swap coins on the Huobi exchange:

1. Create an Account:

• Visit the Huobi website (https://www.huobi.com) and create an account by providing your email address, password, and personal information.
• Complete the account verification process by submitting identity documents as required.

2. Deposit Assets:

• Once your account is verified, deposit the cryptocurrencies you want to swap into your Huobi wallet. You can do this by navigating to the "Deposit" section on the platform.
• Enter the cryptocurrency you wish to deposit and follow the instructions to transfer funds from your external wallet or other exchange.

3. Navigate to the Swap Page:

• In the Huobi trading interface, click on the "Swap" tab located at the top of the page.

4. Select Swap Pair:

• In the "From" field, choose the cryptocurrency you want to swap from.
• In the "To" field, select the cryptocurrency you want to swap to.

5. Enter Swap Details:

• Specify the amount of cryptocurrency you want to swap.
• Select the desired swap rate (either Market Price or Limit Order).
• Preview the swap details, including the estimated amount to receive and the fees associated with the swap.

6. Confirm Swap:

• Once you're satisfied with the details, click on the "Swap" button.
• Confirm the swap transaction by entering your password or using two-factor authentication (2FA).

7. View Transaction History:

• After the swap is complete, you can view the transaction history in the "Orders" section.

Additional Features:

• Limit Orders: Allows you to set a specific swap rate at which the swap will be executed.
• Market Orders: Swaps coins instantly at the current market price.
• Stop Orders: Triggers a swap when a specific price is reached.
• Trading Fees: Huobi charges a flat trading fee of 0.2% for spot trading. Fees vary depending on the specific coin pair being traded.