How to transfer coins from Huobi Wallet to exchange

For small and quick transfers within your Huobi accounts, internal transfers are ideal due to their instant processing and zero transaction fees.

Jan 12, 2025 at 02:49 pm

Key Points:

• Understand the differences between transfer types: on-chain transfer vs. internal transfer
• Choose the appropriate transfer method based on your needs
• Provide a step-by-step guide for each transfer method
• Detail the elements of each transaction, such as transaction fees, processing time, and minimum and maximum withdrawal limits
• Address frequently asked questions (FAQs) related to coin transfer

Transferring Coins from Huobi Wallet to Exchange

1. Choose the Transfer Type:

a. On-chain transfer: This method involves sending coins from your Huobi wallet to an external address, such as a cryptocurrency exchange or another wallet. It occurs on the blockchain, so it is irreversible and has higher transaction fees.

b. Internal transfer: This method involves moving coins between your Huobi spot account and Huobi wallet. It is instant, free, and suitable for moving coins between different Huobi accounts.

2. On-chain Transfer:

• Log in to your Huobi wallet and click "Transfer."
• Enter the recipient's address, select the cryptocurrency, and specify the amount.
• Choose "On-chain Transfer" and pay attention to the network fee.
• Confirm the transfer details and complete the transaction.

3. Internal Transfer:

• Log in to your Huobi account and navigate to "Assets."
• Click "Transfer" and select "Between Accounts."
• Choose the transferring cryptocurrency, select the source and destination account, and enter the amount.
• Confirm the details and complete the transfer.

4. Transaction Details:

On-chain Transfer:

• Transaction fee: Variable, based on network congestion and transaction size
• Processing time: Depends on network confirmation times
• Minimum withdrawal limit: Varies depending on the cryptocurrency
• Maximum withdrawal limit: Daily withdrawal limit for each cryptocurrency

Internal Transfer:

• Transaction fee: Free
• Processing time: Instantaneous
• Minimum transfer amount: None
• Maximum transfer amount: Depends on the available balance in the source account

FAQs:

1. What is the difference between on-chain and internal transfer?

• On-chain transfer involves sending coins to an external address on the blockchain, while internal transfer moves coins between your Huobi accounts.

2. Which transfer method is better for me?

• On-chain transfer is suitable for sending coins to external wallets or exchanges, while internal transfer is best for moving coins between your Huobi accounts.

3. How long does it take for the transfer to complete?

• On-chain transfer takes time for network confirmation, while internal transfer is instantaneous.

4. Are there any fees associated with the transfer?

• On-chain transfer incurs network fees, while internal transfer is free.

5. What is the minimum/maximum amount I can transfer?

• The minimum/maximum transfer amounts vary depending on the transfer method and cryptocurrency.