Huobi announces crypto purchase campaign and its support for Russian ruble deposits and withdrawals as we are reading more in our latest Huobi news.
The global crypto exchange leader Huobi announced a crypto purchase campaign with the support of the Russian Ruble that allows users to deposit and withdraw the new fiat currency on the platform and this new feature is introduced in collaboration with ADVCash which is a leading crypto payment solutions provider, and will enable users to buy crypto assets like ETH, BTC, USDT, EOS, BCH, LTC, ETC, DASH, HPT and BSV with the rubble.
Welcoming to the new addition, Huobi Global is offering RUB deposits and crypto purchases using the fiat currencies previously mentioned through the AdVash wallet. The minimum deposit and withdrawal limits for the RUB is set at 200 while the maximum is set at 100,000 and 50,000 as well. The whole process of conducting RUB transactions on Huobi via AdvCash is extremely simple and easy as it requires users to submit only the necessary ID details for verifications on AdvCash before completion. To fund the accounts with the RUB, users will have to log into their Huobi Global account, navigate to the “Deposit-Exchange” option under “balance” and select RUB from the list of currencies to deposit.
The users will have to complete the KYC process in case they haven’t done one yet and upon completion, they will have to select AdvCash Balance as a preferred payment method followed by the amount that they wish to deposit. After selecting “Pay” the user will be redirected to the AdvCash platform where they will have to create an account and log in to complete the payment process using any of the options provided by the wallet.
‼️ https://t.co/h8psgPFwDc will be unavailable tonight starting 20:55 UTC for about 10 minutes due to system maintenance. You will not be able to log in. Data and funds will remain safe. Plan accordingly and make payments before or after. Thanks for understanding.
— ADV payment hub (@advcash) January 5, 2021
After conducting the payment, the platform will redirect the user back to the “deposit” page from where they can continue doing business as usual. All of the transactions made into and from the user’s account on the platform are recorded and accessible to the respective account holder. With RUB the users can save up to 0.99% and 2.49% on withdrawal fees and deposits. Huobi Global is expected to extend the support for other fiat currencies in the near future.
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