How to Transfer Crypto from Binance to Huobi – Complete Step-by-Step Guide

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Transferring digital assets between cryptocurrency exchanges is a common practice among traders and investors. With Binance being one of the largest and most trusted exchanges globally, and Huobi offering robust financial services and trading options, many users seek to move funds from Binance to Huobi for various strategic reasons — whether it’s for better liquidity, access to specific tokens, or diversifying trading activity.

This comprehensive guide walks you through the secure and efficient process of transferring crypto from Binance to Huobi, with clear steps, essential safety tips, and answers to frequently asked questions. Whether you're a beginner or an experienced trader, this tutorial ensures your transfer goes smoothly.

Understanding the Transfer Process

Before diving into the steps, it's important to understand that moving funds from Binance to Huobi involves a blockchain transaction. This means your assets are sent off-platform via a decentralized network (like Bitcoin, Ethereum, etc.), not through an internal system. As such, network fees apply, and transaction times depend on blockchain congestion.

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Step-by-Step Guide: Send Crypto from Binance to Huobi

Follow these organized steps to successfully complete your transfer.

Step 1: Log In and Access Your Binance Wallet

Start by logging into your Binance account. Once logged in:

This will take you to the main withdrawal interface where you can manage outgoing transactions.

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Step 2: Initiate the Withdrawal Process

On the Deposit & Withdraw page:

Make sure you choose the correct coin — sending the wrong asset may result in permanent loss.

Step 3: Enter Huobi’s Deposit Address

Now, open your Huobi account in another tab:

Return to Binance and paste this address into the recipient address field.

⚠️ Critical Warning: Always double-check the address. Even a single incorrect character can lead to irreversible fund loss.

Step 4: Select the Correct Network

This is one of the most crucial steps.

When entering the coin name on Binance, you'll be prompted to choose a network (e.g., ERC20, BEP20, TRC20, OMNI). You must match the network used by Huobi for deposits.

For example:

Mismatched networks are the #1 cause of failed transfers.

Step 5: Enter Amount and Confirm Fees

Enter the amount you'd like to transfer.

Binance will automatically display the network fee required for processing the transaction. This fee varies based on current blockchain traffic.

You can choose to withdraw the full balance minus fee or enter a custom amount.

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Step 6: Add Memo (If Required)

Some cryptocurrencies — such as XRP, XEM, or EOS — require a Memo or Tag in addition to the wallet address.

Huobi will provide this memo when generating the deposit address. If Binance prompts for a Memo field, you must fill it in accurately. Omitting or entering an incorrect memo may result in delayed or lost funds.

Step 7: Complete Two-Factor Authentication (2FA)

After clicking Submit, Binance will prompt you to verify the transaction using:

These 2FA methods ensure your account remains secure. The codes typically expire within 30 minutes, so act promptly.

Never skip this step — it protects against unauthorized withdrawals.

Step 8: Monitor Transfer Status

Once confirmed:

After blockchain confirmation, the funds will appear in your Huobi account — usually within minutes, though some networks take longer during peak times.

Note: Internal Binance transfers show as [Internal] with no TxID. External transfers like this one will have a valid TxID visible on blockchain explorers.

Important Safety Tips

To avoid mistakes and protect your assets:

✅ Always test with a small amount first
✅ Double-check both address and network compatibility
✅ Never share withdrawal links or confirmation emails
✅ Enable withdrawal whitelist if available
✅ Keep recovery phrases offline and secure

Frequently Asked Questions (FAQ)

Q: How long does it take to transfer from Binance to Huobi?

A: Most transfers take 5–30 minutes, depending on the blockchain network. High congestion (e.g., during market volatility) may delay confirmations. You can track progress using the TxID on platforms like Etherscan or Tronscan.

Q: Are there fees for transferring from Binance to Huobi?

A: Yes. Binance charges a network fee based on blockchain demand. For example:

Q: What happens if I use the wrong network?

A: Sending crypto via an incompatible network (e.g., BEP20 USDT to an ERC20-only address) can result in permanent loss of funds unless the receiving exchange supports recovery. Always match networks exactly.

Q: Do I need to provide a memo when transferring?

A: Only for certain coins like XRP, XEM, or EOS. If Binance asks for a memo and Huobi provided one, enter it correctly. Skipping it may prevent your deposit from being credited.

Q: Can I cancel a withdrawal after submitting?

A: No. Once confirmed and broadcasted on-chain, crypto transactions cannot be reversed. Always review details carefully before finalizing.

Q: Is transferring between exchanges safe?

A: Yes — as long as you follow security best practices: use trusted devices, enable 2FA, verify addresses manually, and avoid public Wi-Fi during transfers.

Final Thoughts

Transferring crypto from Binance to Huobi is straightforward when done carefully. By following this guide, you minimize risks and ensure your assets arrive safely and efficiently. Always prioritize accuracy over speed — verifying addresses and networks saves costly errors.

As digital asset management becomes more complex across multiple platforms, understanding cross-exchange transfers is essential knowledge for every modern investor.

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Whether you're rebalancing portfolios, taking advantage of arbitrage opportunities, or accessing exclusive markets, mastering inter-exchange movements empowers greater financial control in the crypto space.