Introduction
Huobi has introduced two innovative features to streamline cryptocurrency transactions while prioritizing user privacy: Multi-Address Deposits and Internal Address Withdrawals. This guide explains their functionality, benefits, and step-by-step implementation.
Multi-Address Deposits: Flexible Fund Management
What Is Multi-Address Deposit?
This feature allows users to generate up to 20 unique deposit addresses per cryptocurrency per blockchain, enabling organized fund tracking and enhanced privacy.
How to Use Multi-Address Deposits (App Tutorial)
- Navigate to the deposit section and select your desired cryptocurrency.
- First-time users: A new address auto-generates.
Returning users: The last-used address displays by default. - Tap "More Deposit Addresses" to view all existing addresses (newest appears first).
- Select "Add Address" to create additional ones.
👉 Learn how to optimize crypto deposits
Key Notes:
- Each blockchain supports a maximum of 20 addresses per coin.
- Addresses remain accessible for future transactions.
Internal Address Withdrawals: Fast, Fee-Free Transfers
What Are Internal Withdrawals?
Withdraw funds instantly to any Huobi account via UID, email, or phone number—0 fees applied.
Step-by-Step Withdrawal Process
- Choose your cryptocurrency in the withdrawal section.
Select "Huobi Account Withdrawal" and pick a method:
- Option 1: Enter recipient details (email/phone/UID). Note: Addresses aren’t saved.
- Option 2: Select a previously saved address.
- Option 3: Add and verify new Huobi addresses under "Address Management".
Verification: Huobi validates all internal transfers. Non-Huobi addresses will be rejected.
Key Benefits
- Privacy: Distribute funds across multiple addresses.
- Cost Savings: Internal transfers eliminate network fees.
- Speed: Transactions process within seconds.
FAQs
1. Can I use multi-address deposits for all cryptocurrencies?
Yes, but address limits vary by blockchain (max 20 per chain).
2. Are internal withdrawals reversible?
No. Confirm recipient details before submitting.
3. How long do deposited funds take to reflect?
Internal transfers credit immediately; external deposits depend on blockchain confirmations.
4. What if I exceed the 20-address limit?
Delete unused addresses via "Address Management" to free space.
5. Is there a minimum withdrawal amount?
Minimums apply per coin. Check Huobi’s latest fee schedule.
6. Why can’t I add a non-Huobi address for internal transfers?
This feature exclusively supports Huobi-to-Huobi transactions.
Conclusion
Huobi’s upgraded deposit/withdrawal options offer unparalleled flexibility for asset management. By leveraging multi-address tracking and instant internal transfers, users gain efficiency without compromising security.
For further assistance, contact Huobi’s support team.
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