Huobi Global has officially announced the activation of deposit and withdrawal services for SHIB pegged tokens on the HECO (Huobi Eco Chain) network. The platform now supports Heco-Peg SHIB, enabling seamless transfers between Huobi Global and HECO.
Key Details:
- Heco-Peg SHIB is exclusively available on the HECO network and cannot be transferred to other blockchains.
- Users must ensure they do not deposit third-party SHIB tokens into the HECO network.
- When transacting, select the correct chain name "HECO" to avoid failed deposits or withdrawals.
Supported Assets:
HecoChain.com currently lists 84 assets with HECO-pegged tokens, including SHIB, ADA, AAVE, YFI, and ZKS. Huobi Global has enabled deposit/withdrawal services for all these assets on HECO.
FAQ Section
1. What is Heco-Peg SHIB?
Heco-Peg SHIB is a wrapped version of SHIB tokenized on the HECO network, allowing cross-platform liquidity between Huobi Global and HECO.
2. Can I transfer Heco-Peg SHIB to Ethereum or Binance Smart Chain?
No. Heco-Peg SHIB is only compatible with HECO. Attempting transfers to other networks may result in permanent loss of funds.
3. How do I avoid transaction errors?
Always verify the network label ("HECO") and ensure you’re interacting with the correct contract address. 👉 Learn more about secure crypto transactions
4. Which other tokens are supported on HECO?
HECO hosts pegged tokens for 84 assets, including major DeFi tokens like AAVE and YFI. For a full list, visit HecoChain.com.
5. Why choose HECO for SHIB transactions?
HECO offers lower gas fees and faster transactions compared to Ethereum, making it ideal for high-frequency trading.
Industry Context:
HECO continues expanding its multi-chain ecosystem, providing efficient alternatives for token swaps. For institutional-grade insights, explore 👉 HECO’s latest integrations.
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