Is Huobi Exchange legal? Graphical tutorial for buying coins for newbies on the Huobi Exchange app

Huobi Exchange is legal, has obtained regulatory licenses from Seychelles, the United States, Canada, Japan and other countries, and complies with compliance standards such as anti-money laundering. Users can purchase currencies through the following steps: 1. Register, 2. Deposit, 3. Find the currency, 4. Place an order, 5. Purchase successfully.

Is Huobi Exchange legal?

Answer: Yes, Huobi exchange is legal.

Detailed explanation:

Huobi Exchange is a digital asset trading platform regulated and authorized by many countries around the world. It has regulatory licenses from:

• Seychelles Financial Services Authority (FSA)
• US Financial Crimes Enforcement Network (FinCEN)
• Financial Transactions and Reports Analysis Center of Canada (FINTRAC)
• Japan Financial Services Agency (FSA)

These regulatory licenses demonstrate that Huobi Exchange meets the stringent compliance standards of these countries. It must comply with anti-money laundering, know-your-customer and counter-terrorism financing regulations.

Huobi Exchange App Graphic Tutorial for Beginners to Buy Coins

1. Registration:

• Download the Huobi Exchange app.
• Create an account and complete identity verification.

2. Deposit:

• Deposit funds via bank transfer, credit card or other supported methods.

3. Find the currency you want to buy:

• Enter the currency you want to buy (e.g. Bitcoin) on the transaction page.

4. Place an order:

• Select the transaction type (spot or leverage).
• Enter the quantity and price you want to purchase.
• Confirm the order.

5. Successful purchase:

• After the order is completed, the currency will be deposited into your Huobi account.

Tip:

• Please research the currency you want to buy before buying.
• Buy from a reputable exchange such as Huobi Exchange.
• Beware of scams and scams.
• Keep your private key safe.

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