2021-03-23 02:57:00
What is Huobi Lite?
Huobi Lite is an application that allows Huobi users to conduct transactions directly using fiat. This app is Huobi Group debuted in March 2020.
Huobi Lite also aims to serve as a primary portal for users to store, monitor and manage their portfolios.
Features that Huobi Lite brings
- Allows users to trade popular coins like Bitcoin with no transaction fees
- Makes trading easier by allowing users to trade cryptocurrencies directly with a fiat type
- Allows payment through many different methods, including credit cards
- Convenient for residents living in Vietnam because there is integration of Vietnam Dong
- Competitive buying-selling price
- High security
- High liquidity, fast transaction processing speed
The types of fiat and cryptocurrencies that Huobi Lite is supporting
Fiat types currently supported: US Dollar (USD), Vietnamese Dong (VND), Malaysian Ringgit (MYR), Hong Kong Dollar (HKD) and Chinese Yuan (RMB).
Cryptocurrencies currently supported: BTC, ETH, USDT, HT, EOS, BCH, XRP, LTC, and HUSD.
On which devices can Huobi Lite be used?
Currently Huobi only supports applications on Android and iOS platforms.
Instructions on how to add a bank card on Huobi
Step 1: Open APP Huobi, select the avatar in the upper left corner (first), then click “Account center” (2).
Step 2: Click “Manage the way of receiving money”.
Step 3: Select item “+ Add” (1) => “Bank card” (2)
Step 4: Enter all required information and select “save”
Step 5: Enter the required password, then select “confirm”. Done.
How to buy Bitcoin with Vietnam Dong on Huobi Lite
In this section, CHK will take Bitcoin transaction as an example. The rest of the coins are similar.
Step 1: Open APP Huobi, select avantar picture in the upper left corner to switch to Lite version. However, there will be two scenarios occurring at this first step.
Case 1: When you click on the avatar in the left corner, you may immediately move to Huobi Lite
+ Case 2: When you click on the avatar in the left corner, instead of you can go to Huobi Lite right away, you only see Huobi Pro. So you just need to click on Huobi Pro and then continue to Huobi Lite.
Step 2: Select cell “deal” of the coin you want to trade. In this case, CHK selects the cell “deal” at the Bitcoin section
Step 3: Select cell “Buy”
Step 4: Enter the amount you want to pay. Then, select the cell “Buy”
Step 5: Then you select the payment method box “Bank card”
Step 6: Confirm the order information and click “Purchase confirmation”
Step 7: Next, you transfer money yourself to the person who will sell the coin to you with a bank card. After completing the payment, return to Huobi Lite and select “I have paid successfully” and click “Confirm” in the payment confirmation window.
Note: You only have 15 minutes to pay.
Step 8: You just need to wait for the seller to release the coin and the transaction is complete.
After a successful purchase, you can check the assets and transaction records purchased in your wallet.
How to sell Bitcoin and receive in Vietnam Dong on Huobi Lite
In this section, CHK will take Bitcoin transaction as an example. The rest of the coins are similar.
Steps 1 and 2 Then you do the same as in the section “How to buy Bitcoin with Vietnam Dong”
Step 3: Select cell “Sell”
Step 4: You choose “Sold with VND”
Step 5: You need to enter the amount or amount of coins you want to sell. Note:
- If you choose “Amount sold” (1) you will enter the amount VND
- If you choose “Sell number” (2). sale will enter the amount BTC
Then choose “sell” (3).
Step 6: Next, you choose the payment method, here CHK choose “Bank card”. Then you need to enter your OTC transaction password.
Step 7: At this point, you need to confirm the information and select “Confirm sale”
Step 8: Once you have received your deposit, return to Huobi Lite and select “You confirm receipt of the money” and “confirm” Again.
Step 9: You need to enter your OTC password again and you’re done.
How to deposit money into Huobi Lite
Step 1: Select an avatar in the left corner and select “Moved to Huobi Pro”
Step 2: Click “Talented floor”, then cell “recharge”
Step 3: Select the property you want to transfer. Here, CHK chooses Bitcoin. Next, you will receive Bitcoin addresses, copy them to the platform or wallet you want to transfer and perform the transfer.
Step 4: Once BTC has been in your account, you choose to go back to the “assets” section, then choose “transfer”
Step 5: Next, you need to check if the amount you transferred is from “Exchange” to “OTC account” (first) is not. If not, click the arrow switch (2) in exchange. Enter the number of BTC you want to transfer (3), then select “Transfer” (4).
Step 6: To check assets, go to Huobi Lite version and click “wallet” will see.
How to withdraw cryptocurrencies from Huobi Lite
Step 1: If you are in Huobi Lite, move to Huobi Pro by selecting the avatar in the left corner and clicking “Moved to Huobi Pro”
Step 2: Select item “Property” (1). You will then see the crypto assets you have purchased in the Lite version displayed in the item “OTC assets” (2).
Step 3: Click the item “transfer” and choose to transfer from “OTC account” to “Exchange” (1), enter the amount to be transferred (2) then choose “Transfer” (3).
Step 4: After the transfer is complete, return to the page “Property” (1) and choose “Withdraw money” (2), select the property you want to transfer.
Step 5: Enter the address you want to send to the box “Withdrawal address” (1), “Amount of BTC” (2) and choose “Withdrawal” (3). So have completed the asset withdrawal process.
Epilogue
Hopefully through this article, you have understood what Huobi Lite is and how to use this new application.
If you have any questions, please comment below the article or send questions on the BTA Facebook page. BTA will answer your questions as quickly as possible.
Good luck!
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