How to withdraw Huobi contract

To withdraw funds from your Huobi Futures account, you must first transfer them to your Spot Account and verify the withdrawal request with a verification code sent to your registered email and mobile number.

Nov 07, 2024 at 11:28 am

How to Withdraw from Huobi Futures

As a leading cryptocurrency exchange, Huobi offers a wide range of trading options, including spot, margin, and futures trading. Withdrawing funds from your Huobi futures account is a straightforward process, whether you are a seasoned trader or a newbie. This comprehensive guide will walk you through the step-by-step instructions on how to withdraw funds from your Huobi futures account.

Step 1: Logging into Your Huobi Account and Switching to Futures Account

• Access the official Huobi website (www.huobi.com) and log in using your registered email address or mobile number and password.
• Once logged in, locate the "Futures" tab at the top of the page and click on it.
• This action will redirect you to the Huobi Futures trading platform.

Step 2: Transferring Funds from Futures to Spot Account

• Before you can withdraw funds from your futures account, you need to transfer them to your spot account. This is because withdrawals are only possible from the spot account.
• To initiate the transfer, hover over the "Assets" tab and select "Futures Account."
• Next, click on the "Transfer" button.
• In the "Transfer" section, select "Futures Account" as the "From" account and "Spot Account" as the "To" account.
• Enter the amount you wish to transfer and click on the "Confirm" button. Please note that there may be a small transaction fee.

Step 3: Verifying Your Withdrawal

• Once the funds have been transferred to your spot account, you can proceed to withdraw them.
• Navigate to the "Assets" tab, hover over "Spot Account," and select "Withdraw."
• Choose the cryptocurrency you want to withdraw from the "Select Coin" dropdown menu.
• Enter the withdrawal address (which is the recipient's cryptocurrency wallet address) in the "Address" field.
• Specify the amount you wish to withdraw in the "Amount" field.
• You may also add a "Memo" or "Tag" if required by the recipient.
• Click on the "Withdraw" button.
• Huobi will send a verification code to your registered email address and mobile number. Enter the codes in the provided fields.
• Once the verification is complete, your withdrawal request will be processed.

Step 4: Tracking the Withdrawal Status

• You can track the status of your withdrawal request by navigating to the "Assets" tab and selecting "Withdrawal History."
• This section will display all your previous and current withdrawal requests, along with their respective statuses.
• Once the withdrawal is processed, the status will change to "Completed."

FAQs:

• What is the minimum withdrawal amount on Huobi Futures?
  The minimum withdrawal amount varies depending on the cryptocurrency you are withdrawing. You can check the specific minimum withdrawal amounts on the withdrawal page. Fees may apply, so please refer to the fee schedule for details.
• How long does a Huobi Futures withdrawal take?
  Withdrawal processing times vary depending on the cryptocurrency and network conditions. However, Huobi aims to process withdrawals within 30 minutes.
• Is there a fee for withdrawing from Huobi Futures?
  Huobi does not charge withdrawal fees for most cryptocurrencies. However, there may be fees for withdrawals to certain addresses or for withdrawals of large amounts.
• Can I withdraw fiat currencies from Huobi Futures?
  Fiat currencies cannot be withdrawn directly from Huobi Futures. You need to convert your futures profits to cryptocurrencies and then withdraw them to a fiat currency gateway.

• How do I ensure the security of my Huobi Futures withdrawals?
  Here are some tips for ensuring the security of your Huobi Futures withdrawals:

  • Enable Two-Factor Authentication (2FA) on your Huobi account
  • Use strong and unique passwords
  • Verify the withdrawal address carefully before confirming the transaction