Notice
Check the past news about
MVL and keep up to date with us!
Notice
Check the past news about MVL and

keep up to date with us!

Guidelines for Foreign Users to Trade at Huobi Korea

18 Mar 2021

Hello, this is MVL team.

 

Recently, many foreign users in our community asked us how to trade MVL ERC-20 without swapping them to MVL BEP-2. 

 

Before proposing our solution, we kindly note that neither trading nor token-swap is a requirement but an option. Currently, MVL is already listed on Binance DEX, which is a global exchange for users outside of Korea to trade BEP-2 tokens. However, Binance DEX only supports BEP-2 type of tokens, so if you want to trade ERC-20 type, you need to either swap them, or trade them at exchanges that support ERC-20. 

 

(To learn more about token-swap, please visit our token swap page)

Swap page 👉 https://mvlchain.io/token_swap

 

Now, to answer the question, we would like to give you basic guidelines for trading at Huobi Korea, a Korean exchange that supports foreigners (except U.S citizens) to trade MVL ERC-20 tokens. 

👉 https://www.huobi.co.kr/en-us/exchange/mvl_krw/

 

1. First, visit the website and select the language you prefer.

 

2. Click ‘Sign Up’ to register either by mobile number or email.

Learn more: https://support.huobi.co.kr/hc/en-us/articles/360002118672-Guideline-for-sing-up

 

3. Follow the guideline and connect your account with your mobile number and email.

Learn more:
https://support.huobi.co.kr/hc/en-us/articles/360044937992-Security-authentication

 

4. Log in and click ‘deposit’ to deposit your MVL and verify your identification.

Learn more: https://www.huobi.co.kr/en-us/legal/exchange/?coin=mvl

 

5. (Essential) Please verify your identification (KYC & AML) using your passport information (passport only).

Learn more:
https://support.huobi.co.kr/hc/en-us/articles/360045385391-Identify-Verification

 

6. After verifying and depositing MVL coins to the Huobi wallet, go back to the trading page of MVL to sell your MVL coins. (both KRW and BTC markets are available)

Learn more: https://www.huobi.co.kr/en-us/exchange/mvl_krw/

 

7. (Important) Since Huobi does not support withdrawal of KRW to foreign users, please buy and exchange the amount of KRW received after selling MVL coins with any coins that are listed and tradable at your favorite global exchange that supports withdrawal of fiat used in your country.

 

8. Go to balances, and transfer the newly purchased coins to your wallet address.

Learn more: https://support.huobi.co.kr/hc/en-us/articles/360045387051-Coin-Withdrawal

 

9. Success!

 

Today, We have shown you how foreign users can withdraw fiat or legal currency they use from the global exchange of their preference through Huobi Korea. If you have any other questions or want to learn more details, please read the use-guide provided by Huobi below.

👉 https://support.huobi.co.kr/hc/en-us/sections/360000522632-Use-Guide


Thank you.
Best,
MVL

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.

40 Sin Ming Ln, Singapore 573958

ⓒ MVL Foundation Pte. Ltd. All rights reserved.