Huobi Activates USD Fiat Gateway for USD Deposits and Withdrawals
Dear Valued Users,
Huobi has opened USD deposits and withdrawals through our partners Stable Universal. You can now deposit USD with our partners via bank transfers e.g. SWIFT and trade on the Huobi website any time.
Once your USD deposit is accepted, you can trade cryptocurrencies with fiat balance on our Quick Buy/Sell page.
How to buy cryptocurrencies with USD balance on Quick Buy/Sell page?
On the Quick Buy/Sell page(Link), when you choose to trade cryptocurrencies with USD balance, you will get a real-time price and can execute the trades instantly. You can purchase BTC / ETH / USDT and other major cryptocurrencies at any time on the Quick Buy/Sell page.
What is Stable Universal?
Stable Universal Limited is a technology startup venture that offers the US dollar-backed stable coin HUSD Token (HUSD). Combining the features of the US dollar with the efficiency of block chain technology, HUSD is backed by the US dollar on a 1:1 ratio held in a Huobi Trust Company*. An independent US audit firm conducts monthly attestations of the HUSD Token, and the attestation report is available for public viewing on their website: https://www.stcoins.com/attestation/index
You may want to know:
January 19, 2022
* The USD deposit/withdrawal service may not be offered to citizens and residents from the United States of America, People's Republic of China ("PRC") and other restricted jurisdictions. Huobi may restrict additional jurisdictions from time to time without prior notice.
* The actual assets held in your account are HUSDS rather than USDS, and you can withdraw any and all HUSDS at any time（There may be delays in case of holidays or bank maintenance）and redeem such HUSDS to USDS through stcoins at a 1:1 ratio.
* Huobi Trust Company (“Huobi Trust”) is a Nevada state-chartered retail trust company, licensed by the Nevada Department of Business and Industry’s Financial Institutions Division, with a mission to deliver secure financial solutions built on blockchain technology. Huobi Trust is led by a team of highly qualified individuals headquartered in Las Vegas, Nevada. It is a wholly owned subsidiary of Huobi Technology Holdings Limited (1611.HK), a publicly listed company in Hong Kong. For more information, please visit www.huobitrust.com.
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Huobi reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi. Prices of digital assets are highly volatile and trading digital assets involves risk. Please read our Risk Remindertext here.