Welcome to this post, where we are going to see how you can buy and sell cryptocurrencies on Huobi in the best possible way, and without errors.
The first thing we are going to need, is to have funds in our Huobi account. If you don’t know how to do it, in my channel and in the description you can find a video on how to deposit funds in Huobi.
Once you have your funds, you will see them in the main account. Huobi works with different accounts, where you have your funds like many other exchanges. The first step to be able to use our funds to buy or sell cryptocurrencies, is to move them from the main account to the trading account.
To do this, it is as simple as clicking on the main account or FIAT, go to the cryptocurrency we want to move, in my case I’m going to do it with usdt, and click on transfer. Indicate from the main account to the trading or exchange account and the amount you want to move, and click on confirm.
Now, you will have your cryptocurrencies in the exchange account to start trading and use them. You can check this by going to the trading account.
Now, we must go to trading, and spot market. Usually it will open the bitcoin usdt pair, but to change it and trade the cryptocurrency you want, click above, and look for the pair you want to use.
Before you can trade, you will see that you must enter a password, which you will have to configure beforehand to add more security to your account. Enter the password, and you will be able to see the classic buy and sell panel.
The important thing is to see the different options available, such as limited, market, limited stop or market stop. If you want to buy or sell immediately at the market price, the best option is to indicate to market. We continue to buy, we indicate the amount in usdt that we want to use to buy that cryptocurrency, if you want to use all, you can simply click below 100%. With all this, click on buy and you will have the cryptocurrency in your account.
You can go back to your trading account to check that the order has been executed and you already have the cryptocurrency. To move it to another exchange or to your wallet, you will first have to transfer it to your main account from the trading account as we have done above, but in reverse.
If, on the other hand, you want to sell it. Go back to the panel we have seen before, and once there, we indicate the amount we want to sell and click on sell. Now you will have USDT back in your trading account.
Another option if you want to directly trade a cryptocurrency, is to search for it in your trading account, and click on trade so that it takes you directly to the pair of that cryptocurrency with USDT or other pairs that it has, and you do not have to search for it once in the spot market.
If you want to know how you can withdraw funds after selling them, you can also find a video on my channel.
I hope it has helped you to be able to buy and sell in Huobi without problems, If you do not have an account in Binance, you will be able to create your account just below.