For first-time cryptocurrency buyers, completing KYC verification (submitting ID) is essential. Huobi's one-click purchase feature simplifies the process, allowing you to own digital assets instantly. This tutorial demonstrates buying Bitcoin with USDT.
Step-by-Step Guide to Buying Bitcoin with USDT on Huobi
Step 1: Navigating Huobi's Trading Interface
- Menu Area: Key sections like "Buy Crypto," "Market," "Spot Trading," and "Futures" are accessible here.
- Currency Selection: Lists trading pairs like BTC/USDT under USDT-based markets.
- Chart Area: Displays real-time price trends for Bitcoin and other cryptocurrencies.
- Trading Panel: Execute buy/sell orders here.
- Order Book: Shows latest bid/ask prices and trade history.
Step 2: Transferring USDT to Your Spot Account
Before trading, transfer USDT from your "Fiat Account" to your "Spot Account." If you don’t hold USDT, purchase it first in the fiat trading section.
Step 3: Selecting the BTC/USDT Trading Pair
Navigate to Spot Trading > Choose BTC/USDT from the currency list.
Step 4: Analyzing Bitcoin Price Trends
Use the chart tools to review BTC/USDT trends across timeframes (minute/hourly/daily) before placing orders.
Step 5: Placing Your Bitcoin Order
- Buy Order: Set your desired price and BTC quantity, then confirm.
- Sell Order: Reverse the process to sell Bitcoin.
- Position Tracking: Check your open trades in the "Holdings" section.
Key Features of Huobi Exchange
| Feature | Details |
|---|---|
| Trading Fees | 0.2% (up to 50% discount with HT token holdings) |
| Withdrawal Fees | BTC: 0.001BTC; ETH: 0.01ETH; USDT: 20USDT |
| Futures Trading | Leverage up to 20x for BTC, ETH, EOS (long/short positions available) |
👉 Explore advanced trading strategies
FAQ Section
Q1: How long does Huobi’s KYC verification take?
A: Typically under 24 hours with a valid ID. Delays may occur during high-volume periods.
Q2: Can I trade without USDT?
A: No, USDT is the base currency for BTC pairs. Convert fiat or other crypto to USDT first.
Q3: What’s the minimum BTC purchase on Huobi?
A: Varies by market conditions; check the order panel for current limits.
Q4: How secure is Huobi?
A: Implements 2FA, cold storage, and regular audits for user protection.
Q5: Are there fees for depositing USDT?
A: Huobi charges no deposit fees, but blockchain network fees may apply.