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Best Exchanges to buy HUSD 2022 Pros and Cons

By Burle M. 5 min read

The process of buying HUSD is just like any other coin in the crypto market. It is not something that you can directly buy from your bank account or through organizations. This may be possible in future but for the time being, you'll have to use a cryptocurrency trading site to convert your USD into HUSD or other digital currencies. We are here to make this process for you as smooth as we can buy providing all the key details in this article. Let’s jump right into it.

Where to buy HUSD

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase HUSD (HUSD) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your HUSD.

1. Binance

Binance gets a lot of things right for traders who wish to focus solely on cryptocurrency. A diverse range of popular cryptocurrencies should appeal to everyone save the most passionate crypto fans.

Low trading costs and volume reductions should entice more active traders, especially because fees elsewhere are far higher.

Newer investors who want customer service may find a better match elsewhere, particularly if they intend to trade other stocks or crypto as a sideline.

Based on what has been discussed so far, Binance is unquestionably the premier Cryptocurrency Exchange, with low costs and excellent digital currency support.

Binance Features

  1. Binance trading has some of the lowest costs in the business.
  2. On Binance, you can trade over 180 cryptocurrencies.
  3. The exchange is available through online and mobile apps for Android and iOS, as well as desktop programmes for macOS and Windows.
  4. Binance Futures provides up to 125x leverage while margin trading provides up to 3x leverage.
  5. It offers a dedicated help Centre where you may contact the support team or get actual beginning tips and explanations of various exchange operations.
  6. It also allows you to make passive income from your crypto assets through staking, crypto lending, and other methods.

How to buy HUSD on Binance

Binance has a rich collection of tools and dashboards that might be overwhelming. Its Buy Crypto page makes it easy to cut through the confusion and conduct straightforward transactions. It has a simple interface where you can buy, sell, or convert cryptocurrency.

1. Login to your Binance account and on the homepage click on the “Buy Crypto “Button.

2. You can purchase HUSD (HUSD) using a variety of fiat currencies. Enter the amount of fiat money you wish to spend, and the system will calculate the amount of HUSD you can acquire.

3. Select the payment method and fill the required information than Continue.

4. Please double-check the payment information and costs, and complete your purchase within 1 minute, otherwise the amount of HUSD you may get will be adjusted depending on the current market price. 

5. You'll be taken to your bank's OTP Transaction Page. To validate the payment, follow the on-screen instructions. Following that, you will be able to see the acquired HUSD in your Binance Spot Wallet immediately.


Other Exchanges to buy HUSD

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy HUSD.

1. Binance Join Now

Buy HUSD on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy HUSD (HUSD) easily.

Buy HUSD on Uniswap

Currently, these are two popular ways to buy HUSD with Uniswap.



How to buy HUSD on Uniswap using MetaMask

This section will go through how to purchase HUSD (HUSD) currency on Uniswap using Metamask. Uniswap is an ethereum-based system that permits digital asset exchange, and it may be accessed via the Metamask wallet.

Uniswap provides an exchange opportunity on the Ethereum blockchain and is recognized to be a secure and trustworthy platform on which users can rely, trade and inves to purchase currencies fast and effortlessly in a decentralized way.

Why you should use Uniswap?

Uniswap is a decentralized exchange system that runs on the Ethereum blockchain and allows for peer-to-peer (P2P) crypto trades. The decentralization nature of uniswap has been one of the main factors enabling its growth. The DEX platform facilitates exchanges of digital assets with the certainty of liquidity by utilizing automation and smart contracts.

By committing their assets to liquidity pools, liquidity providers play a vital role in the Uniswap market. In addition, the platform employs an AMM method to determine the price of assets in a liquidity pool, assuring fair value. As a result, Uniswap DEX is unquestionably one of the best options for crypto trading, particularly with a focus on DeFi.

One of the best reason you should use Uniswap is that Traders own their funds, like with all DEXs, and are not required to deposit them on the exchange. Uniswap traders are not at risk of losing their cash because they have complete custody of their assets.

Before moving forward please note that you might have to pay high ethereum network fee.

Create a Metamask Wallet

To purchase any currency on Uniswap, you must have two things first a uniswap compatible wallet and second have some Ethereum in your wallet to pay for the network fee. You can use any Wallet that is supported. In this Guide, we will use Metamask. So, first and foremost, let us begin by making an account on Metamask Wallet.

Step 1: Download Metamask Extension

To set up your Metamask wallet it is suggested that you use Google Chrome with MetaMask because the browser has fewer issues than others. To check that you're on the appropriate platform, open your Chrome browser and enter in the Web address metamask.io at the head. After entering the URL, download and install MetaMask extension.

Step 2: Get Started with Metamask

Click newly installed Metamask icon from top right bar on Chrome browser and open it.

Now click the Get Started button, you'll be asked if you're new to MetaMask. This is where you may import your wallet if you already have a seed phrase and wish to obtain access to it. Click Create a Wallet if you're just starting started.

After you click ‘’Create a Wallet’’, MetaMask will request information from you in order to enhance their platform.

Create your password, accept the Terms of Service, and click Create. When MetaMask or a dapp prompts you to log in to MetaMask, enter this password.

Step 3: Create 12-word seed phrase

Create your 12-word seed phrase, also known as the Secret Backup Phrase in MetaMask. If you ever erase MetaMask from your browser, you can reinstate your account in this manner. With a seed phrase, you may also access your account on a fresh computer from anywhere. On the following page, you will be prompted to confirm your secret phrase in the right sequence.

Awesome! You've just created your MetaMask.

After creating your wallet, the next step is to get Ethereum coin in it for buying and paying for the network gas fee . To buy ethereum Just Copy and make a note of your Metamask wallet address. Purchase some Ethereum on our recommended exchanges by following the steps listed above (how to buy bitcoin/ethereum section).

Find the Withdraw option in your selected exchange. Choose Ethereum as a withdraw coin. Fill the form with your Metamask address and Ethereum as network. After the transfer you will see ethereum coin in you Metamask wallet.

Now we have everything to use uniswap and buy HUSD.

1. Launch Uniswap and Connect Metamask

Go to Uniswap.org, click Launch App and Connect your Metamask wallet. After connecting your wallet to Uniswap, you can now begin trading tokens on the Uniswap official site.

2. Swap Ethereum for HUSD

First, decide which cryptocurrency you wish to exchange. Tokens can be found by name or address from CoinMarketCap. In our case, we want to buy HUSD through Uniswap we will select HUSD.

you must enter the amount of cryptocurrency you want to swap. The amount of the HUSD you will get, will be calculated automatically by Uniswap. On the Main screen there are two boxes. First box for Ethereum and the second one is for which you want buy (HUSD).

We wish to exchange ETH for HUSD (HUSD). If you wish to trade a specific amount of ETH, put that amount into the ETH area. You can put a specified amount of HUSD in the HUSD amount area if you like.

The screen will show you the best possible rates in which your coin is going to be swapped. If you agree with the rate and amount, click Exchange, and you will be sent to a new window where you may check the specifics of your swap.

To proceed and complete the transfer, take a note of the fee as network fee and click swap.

As soon as the trade is verified, HUSD will appear in your wallet.

How to buy HUSD on Uniswap using Trust Wallet

This section will go through how to use Trust Wallet to acquire HUSD (HUSD)on Uniswap. Uniswap is an ethereum-based system that permits digital asset swap, and users can access it using the trust wallet's Dapp browser.

Why you should use Uniswap?

Uniswap is a decentralized exchange system that runs on the Ethereum blockchain and allows for peer-to-peer (P2P) crypto trades. The  decentralization nature of uniswap has been one of the main factors enabling its growth. The DEX platform facilitates exchanges of digital assets with the certainty of liquidity by utilizing automation and smart contracts.

By committing their assets to liquidity pools, liquidity providers play a vital role in the Uniswap market. In addition, the platform employs an AMM method to determine the price of assets in a liquidity pool, assuring fair value. As a result, Uniswap DEX is unquestionably one of the best options for crypto trading, particularly with a focus on DeFi.

One of the best reason you should use Uniswap is that Traders own their funds, like with all DEXs, and are not required to deposit them on the exchange. Uniswap traders are not at risk of losing their cash because they have complete custody of their assets.

To put it another way, Uniswap is a safe mechanism for anyone to exchange various sorts of tokens based on the famous Ethereum blockchain without relying on a centralized exchange.

Before moving forward please note that you might have to pay high ethereum network fee.

Create a Trust Wallet

In order to buy HUSD from Uniswap you must have an active Trust Wallet or Metamask Account. So first lets see how to create an account on Trust Wallet.

Step 1: Download Trust Wallet

Before you begin, you must first download the Trust wallet app from the Google Play or App Store. As of writing this guide Trust wallet is only available for Android and IOS users.

Step 2: Get Started with Trust Wallet

After installation, click "Create a New Wallet." Read the Privacy Statement and the Terms of Service, then check the box to confirm and click "Continue."

Step 3: Create 12-word seed phrase

Make a note of your 12-word recovery phrase on a piece of paper and keep it somewhere secure where you won't forget it. Once you've typed down your sentence, press the words on the next screen to put them in the right sequence to ensure you've done it correctly.

After you've established your wallet, you may access your wallet address by selecting the currency you want to use.

Awesome! You've just created your Trust wallet account.

After creating your wallet, the next step is to get Ethereum coin in it for buying and paying for the network gas fee . To buy ethereum Just Copy and make a note of your Trust wallet address. Purchase some Ethereum on our recommended exchanges by following the steps listed above (how to buy  bitcoin/ethereum section).

Find the Withdraw option in your selected exchange. Choose Ethereum as a withdraw coin. Fill the form with your Trust wallet address and Ethereum as network. After the transfer you will see ethereum coin in you Trust wallet.

Now we have everything to use uniswap and buy HUSD.

Step 4: Launch Uniswap and Connect Trust Wallet

Open your Trust wallet app and navigate to Dapps option from the bottom menu. Now Find uniswap or type in the search box and press enter.

Go to Uniswap.org, click Launch App and Connect your Trust wallet. After connecting your wallet to Uniswap, you can now begin trading tokens on the Uniswap official site.

Step 5: Swap Ethereum for HUSD

First, decide which cryptocurrency you wish to exchange. Tokens can be found by name or address from CoinMarketCap. In our case, we want to buy HUSD (HUSD) through Uniswap we will select HUSD.

We wish to exchange ETH for HUSD. If you wish to trade a specific amount of ETH, put that amount into the ETH area. You can put a specified amount of HUSD in the HUSD amount area if you like.

The screen will show you the best possible rates in which your coin is going to be swapped. If you agree with the rate and amount, click Exchange, and you will be sent to a new window where you may check the specifics of your swap.

To proceed and complete the transfer, take a note of the fee as network fee and click swap. As soon as the trade is verified, HUSD will appear in your wallet.



Conclusion

Choosing the best cryptocurrency platform for HUSD (HUSD) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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