Cryptocurrency transfers from Binance to Huobi

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Cryptocurrency transfers from Binance to Huobi

Huobi and Finance have suspended work with Russian users.

April 21, 2022, the Ministry of Finance introduced a $10,000 limit on the accounts of residents of the Russian Federation. The EU is imposing sanctions on all Russians, no matter where they are or what their views are. The whole nature of cryptocurrencies, blockchain technology.Called by Binance, CoinBase. And other cryptocurrency exchanges. Russian users can use funding. And the maximum amount of user capital was 10,000 euros. But, what seems like the firm is still under a lot of pressure, working with the Russians at the moment is preventing large-cap investors from investing. Nothing has changed for you if you have little capital; all features are still available.

I am listing 50% of my portfolio on the Huobi market, and I think there is a small chance that the limits will be increased.

Based on statistics from the summer of 2022, the table below shows that Huobi and Finance are two of the top three cryptocurrency exchanges.

Huobi started accepting payments from Russian users.

You must first have a Huobi account and successfully complete the verification process. Due to the size and centralization of Huobi, there is a risk that the exchange will also impose restrictions on Russian users; and six months later no restrictions were imposed.

The best way to transfer cryptocurrency from balance to Huobi in detail.

To get started, log in to the Huobi program on your computer or mobile device, then select “Wallet” and “Deposit” from the exchange user account menu. Select the coin you want to send in the Cryptocurrency section.
Select the network to translate. Usually USDT is sent to the TRC-20 network. The lowest fee is the most profitable and everyone’s favorite USDT TRC20 option.
Find out our Huobi wallet address by selecting USDT network TRAC 20 on the following page: https://www.huobi.com/en-us/finance/deposit/usdt.
Your email we registered will be emailed to our address USDT TRC 20 on Huobi.
This is the address we get: TBrkLo5k8RiY4KJhnyQ6G5WdfsRGrqD4da

Then go to the “Finance” section in the “Wallet” section.
In the spot wallet, click “Withdraw funds” -> “Send via crypto network” at the bottom after selecting the chosen currency.

Withdraw USDT from our Home account at this address: TBrkLo5k8RiY4KJhnyQ6G5WdfsRGrqD4da via the TRC-20 network.

5.Click on Withdraw money.

We officially state that we intend to withdraw the money and that we are waiting for the transfer. And most often it takes 5-10 minutes, it can take up to 40 minutes.