How to Buy Crypto on Huobi P2P

How to Buy Crypto on Huobi P2P


How to Buy Crypto on Huobi P2P【PC】

Click on "Buy Crypto" on the upper left corner and then click "P2P Market".
How to Buy Crypto on Huobi P2P
Next, select the Fiat currencies you want to trade. For example “USD”.
How to Buy Crypto on Huobi P2P
On this page, we can see that there are lots of demands for trading USDT. We call these demands advertisements and those who publish advertisements, we call them advertisers.
How to Buy Crypto on Huobi P2P
Here you can see that there is a “Limits” column for each advertisement like 500 to 5,000 USD. It means that I can buy at least 500 USD and at most 5,000 USD of USDT from this advertiser.
How to Buy Crypto on Huobi P2P
From here, we can see there are several types of payment methods. I can use the payment method that I prefer.
How to Buy Crypto on Huobi P2P
For example, I want to buy 100 USD and pay with a bank card. First, I can select one of the advertisements and click "Buy USDT".
How to Buy Crypto on Huobi P2P
On the new window, you can see that the advertiser requires me to complete the payment within 15 minutes. Then key in "100" in the "Amount" field, and the system will automatically show you how much USDT you can get.
How to Buy Crypto on Huobi P2P
Click "Confirm" button
How to Buy Crypto on Huobi P2P
After the order has been placed, it will bring you to the order page. According to the instruction given, I need to transfer 100 USD to the bank account provided by the advertiser within 15 minutes. Now, I need to go to online banking or phone banking of my bank account and transfer the specified amount to the advertiser.
How to Buy Crypto on Huobi P2P
Please note that according to the requirements of Huobi P2P, traders who buy crypto must use their own bank account which matches with their real name in the Huobi account, otherwise the payee has the right to refund and cancel the order.
How to Buy Crypto on Huobi P2P
After completing the payment, remember to click the "Transferred, next" button. The payee will check and confirm whether your payment has been transferred to his or her account.

If the payee has not released the cryptos after 5 minutes, you can click "Contact Customer Service" and our 24/7 online customer service will follow up your order. During this time, please do not click "Cancel" unless your bank account has received the refund from the payee.
How to Buy Crypto on Huobi P2P
After confirming your payment, the payee will release the cryptos that you purchased and this order has been completed. You can click on "View Balances" to confirm that the cryptos you purchased have arrived in your account.
How to Buy Crypto on Huobi P2P

How to Buy Crypto on Huobi P2P【APP】

In this article, Huobi will show you a step-by-step tutorial on how to buy crypto on Huobi P2P via Apps. Huobi P2P (Peer-to-Peer) provides the fastest and most secure platform to exchange fiat to crypto vice versa, with 0 fees.

Step 1: Enter Huobi Apps and click the avatar in the upper left corner.
How to Buy Crypto on Huobi P2P
Step 2: Log in to your Huobi account. You can Sign Up through Apps if you don’t an account with us.
How to Buy Crypto on Huobi P2P
Step 3. After logging in, click "Trade" then "Fiat".
How to Buy Crypto on Huobi P2P
Step 4: Select “Buy” and crypto you want to buy.
How to Buy Crypto on Huobi P2P
Step 5: Select your preferred “Price” and “Payment Method” then click “Buy”. The “Limit” is you can buy crypto between the minimum and maximum amount.
How to Buy Crypto on Huobi P2P
Step 6: Enter the total amount of money or the total amount of crypto that you want to buy in 45 seconds. Then, click “Order”.
How to Buy Crypto on Huobi P2P
Step 7: Select the payment method you want to transfer the money to and click “Pay”.
How to Buy Crypto on Huobi P2P
Step 8: Click “Contact” and communicate with the seller if you have any questions.
How to Buy Crypto on Huobi P2P
Step 9: Next, transfer the total amount of money according to the time-limit given and the payment method that you chose. You are allowed to away from Huobi Apps and switch to your payment gateway to transfer the money. After the completion of the transfer, please click “Paid”.
How to Buy Crypto on Huobi P2P
Step 10: Please double-confirm that you have paid the seller. If yes, please click “Confirm”.
How to Buy Crypto on Huobi P2P
Step 11: Please wait patiently within 5 minutes to allow the seller to check their account and confirm whether they’ve received the money. The seller may ask for a transfer slip in the “Contact” in the upper right corner. If the seller didn’t release the crypto to you, please click “Complaint” below. Our 24/7 online customer service will assist you.
How to Buy Crypto on Huobi P2P
Step 12: You will receive the crypto after the seller is confirmed to receive the money. You can check your asset by clicking “View balance”. The Crypto that you had bought is in your Fiat Account.
How to Buy Crypto on Huobi P2P

Frequently Asked Questions (FAQ)


What is the difference between the Quick Buy/Sell and the P2P Market?

Quick Buy/Sell: The system will automatically suggest the ads with the best price upon typing the trading amount and payment method. P2P Market: You can place an order by choosing the ads based on your demand.


What Is the Security Deposit for an advertiser? When Will It Be Unfrozen?

To become a verified-advertiser, you are required to freeze 5000 HT in your OTC account as a security deposit. The frozen security deposit will not be allowed to be withdrawn or traded.

Unfreeze Security Deposit:

When you cancel your certification, the deposit will be unfrozen automatically and returned to your account.


Why is the Ads List Inconsistently After Logging In?

When an advertiser publishes an advertisement, it can be set to be visible to certain qualified users.

Therefore, if the number of advertisements you see after logging in is less than the number of advertisements when you did not log in, it may be that some advertisements have set restrictions. You are temporarily not eligible for particular advertisements.


How to Transfer Money when Buying Crypto on Huobi P2P

Huobi P2P will not automatically pay, so you need to manually transfer money.
  1. If you choose bank card payment, open your mobile banking, if you choose other third-party payment, please open the corresponding APP;
  2. Please make a direct transfer to the other partys receiving account within the time specified in the order. The transfer amount is the total price of your order. Huobi will lock the digital assets of the order throughout the entire process, so you can transfer funds with confidence
  3. After the transfer is completed, please return to the Huobi order page and click [ Ive paid ];
  4. After the seller confirms the transfer, the currency you purchased will be transferred to your fiat currency wallet account. You can click on the digital asset you purchased in the wallet to view the transaction record.

Why did the trader not receiving the amount in time after the transfer has been made?
  1. Please make sure you have transferred money to the exact beneficiary account of the seller listed on the order page.
  2. Please confirm whether your transfer is real-time or delayed since a delayed transfer may take some more time.
  3. You can contact your bank/paying agency to check if there is any system maintenance or other possible reasons.


How to Check the Crypto I Bought After Order Completed on Huobi P2P

When the order is completed, click on the Balances - Fiat Account page in the upper right corner of the page, and you can see the cryptos you just purchased.
If you need to trade in the Spot market, please click Transfer.
How to Buy Crypto on Huobi P2P


What is Transfer and How Does It Work


What is Transfer?

Transfer refers to the process of mutual transfer between the assets in Exchange Account and Fiat Account.
How to Buy Crypto on Huobi P2P

How To Transfer?

For example, when you want to transfer the cryptos from Fiat Account to Exchange Account.
  1. Click Transfer below after you completed an order on the order page.
  2. Decide which crypto that you want to transfer, choose from Fiat Account to Exchange Account and enter the amount to be transferred. Then click Transfer Now.
  3. After the transfer, you can go to Balances in the top right corner to check your both Fiat Account and Exchange Account.
  4. You can also transfer directly your assets from Balances.
How to Buy Crypto on Huobi P2P


Why Does the Price Expire when I Buy Bch on Huobi P2P

The service of buying/selling BCH is divided into the following steps:

1. When users buy BCH:
  • The third-party liquid team buys USDT from the advertiser
  • The third-party liquid team converts USDT to BCH

2. When users sell BCH:
  • The third-party liquid team converts BCH to USDT
  • The third-party liquid team sells USDT to advertisers

Due to the large fluctuations in the price of crypto, the validity period of the quotation is 20 minutes (the time from order placement to crypto release must be controlled within 20 minutes).

Therefore, if the order is not completed in more than 20 minutes, the order will be changed to the price expired status, and you will receive an SMS/email notification from Huobi. You can return to the order page to choose:
  • Option 1: Obtain a new quotation and choose to continue the transaction. The new quotation may be higher than the original quotation or lower than the original quotation, depending on the current market situation.
  • Option 2: Or if you do not accept the new offer, you will directly get the USDT purchased in the first step transaction, that is, the funds you purchased cannot be refunded, and the order part of the completed transaction will be irrevocable.

The above explanation applies to buying/selling BCH/ETC/BSV/DASH/HPT on Huobi P2P.
 

Why Do I Receive Usdt when I Buy/sell Bch on Huobi P2P

The service of buying/selling BCH is divided into the following steps:

1. When users buy BCH:
  • The third-party liquid team buys USDT from the advertiser
  • The third-party liquid team converts USDT to BCH
2. When users sell BCH:
  • The third-party liquid team converts BCH to USDT
  • The third-party liquid team sells USDT to advertisers

Due to the large fluctuations in the price of crypto, the validity period of the quotation is 20 minutes (the time from order placement to crypto release must be controlled within 20 minutes).

Therefore, if the order is not completed in more than 20 minutes, you will receive USDT directly. The USDT can be sold at Huobi P2P or exchanged for other cryptos at Huobi Spot.

The above explanation applies to buying/selling BCH/ETC/BSV/DASH/HPT on Huobi P2P.
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Source: Huobi Blog - huobitrading.com | How to Buy Crypto on Huobi P2P - https://huobitrading.com/how-to-buy-crypto-on-huobi-p2p-051714
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