Topic: Using Huobi OTC in My Crypto Investment Journey (Read 181 times)
There are some resources which an OTC platform should own. Huobi has some pros such as convenient payment system, fast payment, connection to exchanges, most of the regular currencies are covered and of course 0% transaction fee. But there are some cons like the interface still has many rooms for improvement.
True, the opening of the OTC market will create more advantages for the user. The introduction of electronic money into the depths of life and everyone can participate in many different forms. Previously people want to buy electronic money, forced to buy BTC, ETH, USDT, ... With the OTC, users can use the cash to buy. This is the right direction of exchanges
thank you very much for sharing this information with us but to be honest about the news that fact is this thing doesn't have much popularity among the users and because of that reason the market doesn't provide us much detail information about it so I hope that soon they authority will take some steps about this.
It is user friendly, if not, then it clearly shows how to use it step by step and be able to get a hold of it. It does seem like an impressive tool to help the people out.
Given that this tool comes with the clear intrusions on how to use it and even promises to be user friendly, is a great deal. Because now, the people will know how to use it and have the assurity that it is user friendly too. Plus it does seems like a great tool to make the work more easy to conduct.
Huobi does sound like an interesting tool to help out the people who are currently investing in the market or is interested in it. Plus there are even guides to help people to show them how to use it, which is very good.
Huobi OTC and Huobi global is closely similar and confusing. Huobi OTC builds a connection between fiats and digital assets. On the other hand, Huobi global supports exchange between various cryptocurrencies.
Houbi is just another exchange, the interface and tools are not particularly useful and the safety is as good as any other centralised.They don´t have lots of tokens either.
Houbi is really an interesting tool based on this who is interested in market also who already invested here and there is guide line how to use this which is really great. So it is a useful tool I think.
An over-the-counter (OTC) market and an exchange market are the two basic ways of organizing financial markets. In an OTC market, dealers act as market-makers by quoting prices at which they will buy and sell a security, currency, or other financial products. A trade can be executed between two participants in an OTC market without others being aware of the price at which the transaction was completed. In general, OTC markets are typically less transparent than exchanges and are also subject to fewer regulations. While there are many different platforms out there, Huobi OTC is one of the most reliable OTC platforms out there. Furthermore, Huobi OTC helps users convert their fiat currencies into digital asset when: (1) Users are unable to buy/sell digital tokens with fiat money on an exchange; or (2) Users want to buy/sell large orders of digital tokens. If you have not done so already, make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!
*Recent Market Price Action:*
The current price pattern in the bitcoin market is eerily similar to the one observed in the run-up to a major rally that occurred on April 12. To start with, bitcoin charted a long-tailed candle on Aug. 14, similar to the one seen on April 1, signaling the sell-off from the July 24 high of $8,507 has likely run its course. Further, the leading cryptocurrency has spent the last seven days trading in a sideways manner around $6,400. Back in April, the cryptocurrency traded around $6,800 in the first 11 days before rising sharply above $8,000 on April 12. More importantly, during the bitcoin price consolidation of early April, the BTC/USD shorts on Bitfinex jumped more than 44 percent to print a record high of 40,719 and fell sharply on April 12, meaning the big spike in BTC was likely fueled by the unwinding of short positions.
*How I Began Investing in Crypto through OTC and Some Practical Use Cases: *
If you want to see a beginners guide to Trading on Huobi OTC, watch this short video: https://www.youtube.com/watch?v=r00_WCbzVtY (https://www.youtube.com/watch?v=r00_WCbzVtY). But here is how to complete the transaction is 7 easy steps!
**Step 1: **Visit Huobi OTC homepage (http://otc.huobi.com/). If you already have a user account, click “Login” and skip Step 2. If you don’t have a user account, click “Sign Up” first. **Step 2: **On the “Sign Up” page, select “Nationality” and enter your “Phone Number” then click “Click to send” to get an SMS verification code. Fill out the form with SMS verification code, Password, Invitation code (if applicable), click on “I agree to the Terms of User” and then click “Sign Up.” **Step 3:**Click "Log In" in the upper right corner and enter your account info and password. Drag the slider to the right, then click "Log In**." Step 4:**Select the digital asset you want to trade (taking "Buy BTC" as an example), choose the price and the payment method as your wish, and click "Buy BTC." **Step 5: **Enter the total/amount you wish and click "Confirm." **Step 6:**On the order page, confirm the amount (total) and payment method of the order. Transfer your payment to the seller within the limit time. After the transfer, *make sure you click on "I've Paid."***Step 7:**In the "Confirm Payment" pop-up window, click "Confirm."
To learn more, click here: https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website-).
Any Huobi user can be post buy or sell advertisements over the Huobi OTC platform. So make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only-)
*The difference between Huobi Global and Huobi OTC:*
Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)) offers an exchange bridge between fiats and digital assets while Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies. Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)), serves an affiliated website of Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)), which is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.
You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.
*Recent Market Price Action:*
The current price pattern in the bitcoin market is eerily similar to the one observed in the run-up to a major rally that occurred on April 12. To start with, bitcoin charted a long-tailed candle on Aug. 14, similar to the one seen on April 1, signaling the sell-off from the July 24 high of $8,507 has likely run its course. Further, the leading cryptocurrency has spent the last seven days trading in a sideways manner around $6,400. Back in April, the cryptocurrency traded around $6,800 in the first 11 days before rising sharply above $8,000 on April 12. More importantly, during the bitcoin price consolidation of early April, the BTC/USD shorts on Bitfinex jumped more than 44 percent to print a record high of 40,719 and fell sharply on April 12, meaning the big spike in BTC was likely fueled by the unwinding of short positions.
*How I Began Investing in Crypto through OTC and Some Practical Use Cases: *
If you want to see a beginners guide to Trading on Huobi OTC, watch this short video: https://www.youtube.com/watch?v=r00_WCbzVtY (https://www.youtube.com/watch?v=r00_WCbzVtY). But here is how to complete the transaction is 7 easy steps!
**Step 1: **Visit Huobi OTC homepage (http://otc.huobi.com/). If you already have a user account, click “Login” and skip Step 2. If you don’t have a user account, click “Sign Up” first. **Step 2: **On the “Sign Up” page, select “Nationality” and enter your “Phone Number” then click “Click to send” to get an SMS verification code. Fill out the form with SMS verification code, Password, Invitation code (if applicable), click on “I agree to the Terms of User” and then click “Sign Up.” **Step 3:**Click "Log In" in the upper right corner and enter your account info and password. Drag the slider to the right, then click "Log In**." Step 4:**Select the digital asset you want to trade (taking "Buy BTC" as an example), choose the price and the payment method as your wish, and click "Buy BTC." **Step 5: **Enter the total/amount you wish and click "Confirm." **Step 6:**On the order page, confirm the amount (total) and payment method of the order. Transfer your payment to the seller within the limit time. After the transfer, *make sure you click on "I've Paid."***Step 7:**In the "Confirm Payment" pop-up window, click "Confirm."
To learn more, click here: https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000044442-How-to-Buy-Digital-Assets-like-Bitcoin-Quickly-on-Huobi-OTC-Website-).
Any Huobi user can be post buy or sell advertisements over the Huobi OTC platform. So make sure to register for your personal Huobi Global account (http://[Suspicious link removed]/2HK1PPs) and participate in the global community today!https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only- (https://huobiglobal.zendesk.com/hc/en-us/articles/360000134642-Advertisement-Posting-on-Huobi-OTC-by-Ordinary-User-Non-China-Users-Only-)
*The difference between Huobi Global and Huobi OTC:*
Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)) offers an exchange bridge between fiats and digital assets while Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)) is a digital assets trading exchange that supports exchanges or investment services between various cryptocurrencies. Huobi OTC (火币OTC | 火币全球站法币交易区 (http://otc.huobi.com)), serves an affiliated website of Huobi Global (The Financial Hub of Digital Assets (http://www.huobi.com)), which is a platform devoted to over-the-counter trades of digital assets. You can buy/sell your digital assets by posting a buy/sell advertisement on Huobi OTC and then complete transactions with the other party so as to exchange your digital assets with fiats. Huobi OTC offers an aggregated display of buying or selling info and the actual payment is transferred and completed offline.
You can also find Huobi online at:
Huobi Global Website: https://www.huobi.com (https://www.huobi.com/)
Huobi Global Telegram Group: https://t.me/huobiglobalofficial (https://t.me/huobiglobalofficial)
Blog: https://blog.huobi.com/ (https://blog.huobi.com/)
Facebook: https://www.facebook.com/huobiglobalofficial (https://www.facebook.com/huobiglobalofficial)
Instagram: https://www.instagram.com/huobiglobalofficial (https://www.instagram.com/huobiglobalofficial)
Medium: https://medium.com/@huobiglobal (https://medium.com/@huobiglobal)
Twitter: https://twitter.com/HuobiGlobal (https://twitter.com/HuobiGlobal)
Youtube: https://www.youtube.com/HuobiGlobal (https://www.youtube.com/HuobiGlobal)
** Note: *The material provided herein is general in nature and does not take into account your objectives, financial situation or needs. While every care has been taken in preparing this material, we do not provide any representation or warranty (express or implied) with respect to its completeness or accuracy. For the avoidance of doubt, this article is solely intended to be for general information only and does not in any way constitute as professional advice or financial advice. This is not an invitation or an offer to buy or sell cryptocurrencies, nor is it a recommendation to buy or sell specific types of cryptocurrencies. Trading cryptocurrencies carries a high level of risk that may not be suitable for some. Consider your investment objectives, level of experience, financial resources, risk appetite and other relevant circumstances carefully. The possibility exists that you could lose some or all of your investments, including your initial deposits. If in doubt, please seek independent expert advice.
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