Huobi Extends Fiat-to-Crypto Gateways to Support Transparent Transactions for BRL Users
GIBRALTAR, September 7, 2021 / PRNewswire / – Huobi Global, one of the world’s leading digital asset exchanges, this week announced the launch of a new fiat-to-crypto gateway for its Brazilian Real (BRL) users with the aim of offer local users a flexible and fast way to purchase digital assets with their fiat balances, while enabling a seamless user experience.
“The new channel allows Brazilian users to deposit BRLs through the online banking system instantly, significantly reducing their time costs for trading. The addition of this new fiat-to-crypto gateway also demonstrates our commitment to the South American community, and helps us explore the market further, ”said Ciara Sun, vice president of Huobi Global Markets.
After the launch of this new channel, users will be able to directly purchase digital assets with their BRL balance. No fees will be charged for depositing BRL via online bank transfer and Huobi’s fast buy / sell service allows users to benefit from zero transaction fees when purchasing digital assets with their BRL balance.
Huobi will organize a BRL deposit campaign from September 6 to September 19. The first 800 users of this new channel will be able to earn 3 HUSD each if they trade or deposit at least 300 BRL, and can earn 10 HUSD if they trade or deposit no less than 1000. Users who complete the above tasks can also earn an additional 5 HUSD by retweeting the designated twitter and sharing it with their communities and friends.
“In order to provide users with a secure and comfortable trading experience, we carefully select our payment solutions provider partner from a large number of applicants. We finally opted for Capitual, a hybrid digital bank because of its in-depth knowledge of the area of risk and compliance. and its goal of designing a reliable and stable system for saving, transferring and investing money. This is in line with our vision, ”commented Ciara.
“Capitual’s the deal with Huobi Global will expand opportunities for Brazilian crypto investors and is part of our business strategy to provide clients with a user-friendly and easy gateway to trade multiple currencies instantly, ”said Gustavo Rezende, uppercase‘s COO.
Currently, Huobi supports fiat-to-crypto gateways for six fiat currencies: EUR, RUB, UAH, KZT, GBP, and BRL. The integration introduces a new access point for users in Brazil seeking to enter the crypto space. “With this newly integrated fiat-to-crypto gateway, we would be able to accelerate the adoption of crypto by making it easier to access digital assets,” Ciara added.
About the Huobi group
Huobi Group is one of the world’s leading providers of blockchain and cryptocurrency infrastructure with a suite of financial products that includes the largest digital asset exchange in terms of liquidity and actual transaction volume. Trusted by users in more than 170 countries, the Huobi platform is dedicated to improving financial freedom and inclusive access for all users. Huobi has an unrivaled portfolio of crypto product offerings. This includes business and financial products, cryptocurrency and blockchain financial infrastructure solutions, education, data and research, social protection, investment and incubation. We always continue to innovate on our future horizon.
Statement: Citizens and residents of the United States, Mainland China, and other sanctioned jurisdictions are not permitted to use Huobi’s services. Huobi may restrict additional jurisdictions from time to time without notice.