how to transfer from huobi to luno

To transfer Bitcoin from Huobi to Luno, you'll need to establish accounts on both platforms, complete verification, and initiate the transfer through your Luno account, ensuring accuracy in address and amount input.

Oct 27, 2024 at 01:22 am

How to Transfer from Huobi to Luno

Step 1: Create a Luno Account

• Go to the Luno website or download the Luno app.
• Create an account by providing your personal information and following the on-screen instructions.

Step 2: Verify your Luno Account

• Upload a photo of your government-issued ID and proof of address.
• Follow the Luno account verification process and wait for your account to be approved.

Step 3: Deposit Bitcoin into Huobi

• Log in to your Huobi account.
• Hover over "Assets" and select "Deposit."
• Choose "Cryptocurrency" and select "Bitcoin (BTC)."
• Copy the displayed deposit address.

Step 4: Transfer Bitcoin from Huobi to Luno

• Return to your Luno account.
• Under "Accounts," select your Bitcoin wallet.
• Click "Deposit" and select "Bitcoin."
• Paste your Huobi deposit address into the "Destination address" field.
• Enter the amount of Bitcoin you want to transfer.
• Review the details and click "Confirm."

Step 5: Monitor the Transaction

• The Bitcoin transfer will be processed and confirmed within the blockchain network.
• You can track the status of the transaction on the blockchain explorer.
• Once the transaction is complete, the Bitcoin will appear in your Luno wallet.

Note:

• Before initiating the transfer, ensure that you have sufficient Bitcoin balance in your Huobi account.
• Verify the destination address carefully to avoid sending your Bitcoin to the wrong wallet.
• The blockchain network may charge a small transaction fee. This fee will be deducted from the amount transferred.