How to start exchanging Ether (Ethereum) on Huobi?
How to buy Ethereum (ETH) on Huobi?
Follow the easy 4 steps below to buy Ethereum (ETH) on Huobi.
- Register a Huobi Global account
Provide an email address, create a username, and choose a secure password. - Verify your account
After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation. - Deposit in fiat currency or cryptocurrency
To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies. - Start buying Bitcoin on Huobi
Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and Ethereum (ETH) derivatives trading.
What is Ethereum?
Ethereum is a next-generation cryptographic ledger that can support many advanced functions, including user issuance of currency, smart protocols, decentralized transactions, and the establishment of decentralized autonomous organizations (DAOs) or decentralized autonomous companies (DACs) ). Ethereum does not specifically support every single type of function as a feature. On the contrary, Ethereum includes a built-in Turing-complete scripting language that allows you to write the features you want to achieve through a mechanism called “contracts” Code. A contract is like an automatic agent. Whenever a transaction is received, the contract will run a specific piece of code, which can modify the data storage within the contract or send the transaction. Advanced contracts can even modify their own code.
In layman’s terms, Ethereum is an open source platform digital currency and blockchain platform. It provides developers with a platform for building and publishing applications on the blockchain. Ethereum can be used to program, decentralize, guarantee and trade anything, voting, domain names, financial exchanges, crowdfunding, company management, contracts and most agreements, intellectual property rights, and smart assets that benefit from hardware integration.
On February 28, 2017, a group of global companies representing the oil and gas industry, financial industry and software development companies officially launched the Enterprise Ethereum Alliance (EEA), dedicated to developing Ethereum into an enterprise-level blockchain. These companies include British oil giant BP, JPMorgan Chase, software developers Microsoft, Accenture, Santander, BlockApps, BNY Mellon, CME Group, ConsenSys, Intel Microsoft and Nuco. Many companies or organizations develop projects based on the Ethereum blockchain and issue tokens. The United Nations World Food Program successfully used the Ethereum blockchain to provide relief to 10,000 refugees.
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Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...