Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Huobi Global Partners with Settlepay to Launch Fiat-to-Crypto Gateway for Ukrainian Users

CryptocurrencyNov 26, 2021 05:30AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
Huobi Global Partners with Settlepay to Launch Fiat-to-Crypto Gateway for Ukrainian Users

Huobi Global, the world’s leading digital asset exchange, today announced the launch of a new fiat-to-crypto gateway for users in Ukraine. The gateway offers regional users a flexible and seamless solution to purchase crypto assets, using UAH balances in their Huobi accounts.

This is made possible through a collaboration with Settlepay, a British platform which provides an online currency exchange service for businesses. Users will be able to buy digital assets with Hryvnia (UAH) in real time through bank card deposits.

"Lately, we have seen a steady increase in new users signing up to Huobi Global across Ukraine, as cryptocurrencies enjoy more mainstream exposure. By introducing this new fiat-to-crypto gateway, we hope to offer local users a swift method to purchase their crypto assets. This will help support our ambition to make trading crypto assets an enjoyable and secure experience for everyone," said Du Jun, Co-Founder of Huobi Group.

At launch, Ukrainian users will be able to purchase digital assets with UAH directly using Huobi Global’s Quick Buy/Sell service. To begin depositing UAH and purchasing assets, users should:

  • Log in to Huobi Global and click Exchange Account under Balances.
  • Search “UAH” under Fiat and click “Deposit”.
  • Select a bank card and enter the amount.
  • Go to the Quick Buy service site and select [UAH Balance].
  • Complete their purchase of cryptos with UAH.
In addition to bank card deposits, Ukrainian users can also purchase digital assets through AdvCash wallet deposits and P2P transactions. This new channel offers users an additional option to directly access crypto assets. For the time being, Huobi will not charge any transaction fees on users depositing UAH using a bank card or purchasing assets with UAH balances.

The launch of the new fiat-to-crypto gateway comes amid Huobi Global’s 8th Founding Anniversary celebrations, as the company seeks to let its users worldwide participate in and benefit from its evolving ecosystem.

"As we continue to expand our global footprint, we want to introduce more compliant payment gateways to more countries and regions for our users. This is also in line with our vision to make finance more accessible and inclusive," added Mr Du.

Information provided by FinancialNewsMedia.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Huobi Global Partners with Settlepay to Launch Fiat-to-Crypto Gateway for Ukrainian Users
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email