The U.S.-based arm of crypto exchange Huobi has announced the launch of fiat-to-crypto feature. According to the announcement, the exchange’s users can now buy/sell cryptocurrency with U.S. dollars, and trade against bitcoin (BTC), ethereum (ETH), and tether (USDT).
USD #Fiat Trading Pairs are now available on the Huobi marketplace! Set up a USD wallet and receive 20 USDT. Trade USD/ETH, USD/BTC and USD/USDT! Sign up for the Huobi marketplace now: https://t.co/vHDjChNfKh pic.twitter.com/nPHAv6ozgR
— Huobi US (@Huobi_US) February 5, 2019
As it states, the exchange is supporting deposits and withdrawals at a $100 min. For fiat assets. Those, who will use fiat-to-crypto feature will be required to pass KYC verification.
Earlier, another crypto exchange Binance announced the launch of its European fiat-to-crypto platform — Binance Jersey (binance.je).
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.