How to withdraw money from Huobi

Huobi needs to be withdrawn through the Huobi app.

Operating environment: iphone12 Huobi 3.3.0

Users need to set up their own collection account before withdrawing money, including their own bank account, Bitcoin address and Litecoin address. After completing the settings, users need to confirm carefully to avoid withdrawal delays or capital losses caused by incorrect settings.

After the settings are completed, click on the navigation bar on the left and select RMB withdrawal, Bitcoin withdrawal or Litecoin withdrawal.

1) Withdraw RMB from Huobi

Select the receiving account, enter the withdrawal amount, fund password and mobile phone SMS verification code (or Google two-factor authentication code), and then click Withdraw Now , waiting for funds to arrive.

2) Withdraw Bitcoin and Litecoin from Huobi.com

Select the receiving wallet, enter the withdrawal amount, fund password and mobile phone SMS verification code (or Google two-factor authentication code) Withdraw cash.

1. Huobi.com is a Bitcoin trading platform established in 2013 by Beijing Huobi Tianxia Network Technology Co., Ltd.

2. In September 2014, Huobi’s digital currency mining service platform DigCoin was launched. On September 15, 2017, Huobi announced that it would suspend registration and RMB recharge services from now on. Huobi stopped virtual currency trading on October 31, 2017.

3. According to the National Enterprise Information Disclosure System, on July 22, 2021, Beijing Huobi Tianxia Network Technology Co., Ltd. decided to dissolve due to a resolution, and plans to apply to the company registration authority for deregistration. Creditors are requested to cancel the registration after the announcement. Claims shall be reported to the liquidation team within 45 days from the date of settlement.

4. Huobi is a Bitcoin trading platform, and Bitcoin is a virtual currency, which is a virtual encrypted digital currency in the form of P2P. Bitcoin does not rely on the issuance of a specific currency institution. It is generated through a large amount of calculations based on a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors, and uses cryptographic design To ensure the security of all aspects of currency circulation. Huobi.com is legal, but Huobi.com was shut down by the Chinese government in 2017. However, at that time, the Chinese government was rectifying cryptocurrency transactions and closed all domestic cryptocurrency exchanges. It’s not just that Huobi.com is shut down. In other words, Huobi.com is not illegal. In addition, although the Chinese government has closed cryptocurrency exchanges, it does not include cryptocurrency trading as an illegal channel. Therefore, trading Bitcoin in China is legal.