Huobi the major global cryptocurrency exchange, has recently announced that it now supports Russian ruble deposits and withdrawals while partnered with fiat and crypto payment processor AdvCash.
AdvCash also collaborated with other major cryptocurrency exchanges like Binance. Basically, it is a fiat and cryptocurrency payment processor. Not only this collaboration, but Huobi global had also recently collaborated with AdvCash.
According to an announcement on January 12, 2021, Huobi global now supports ruble deposits and withdrawals. With this collaboration, now users can purchase the following cryptocurrencies with the Russian ruble.
“Bitcoin (BTC), Ethereum (ETH), Lite Coin (LTC), Tether (USDT), EOS, Bitcoin Cash (BCH), Ethereum Classic (ETC), Bitcoin SV (BSV), DASH, Huobi Token (HT) and Huobi Pool Token (HPT)“
However, the minimum deposit and withdrawal limits for RUB are 200 RUB while the maximum stands at 100,000 RUB and 50,000 RUB, respectively. Mentioned in the announcement. Also, users must pass “Know Your Customer” in order to deposit or withdraw ruble on Huobi global.