A cryptocurrency company, Huobi Derivative Market (Huobi DM) is reportedly to offer its customers with more option and flexibility as they will be introducing a Bitcoin Cash (BCH) contracts soon. The contract is expected to be launched before the end of May and have revealed some of the features in the new product offered by Huobi in Huobi DM.
An announcement has been made by Huobi that the cryptocurrency exchange platform will be listing Dogecoin soon and to giveaway, 10M DOGE to celebrate the new addition. The campaign announced by Huobi, “Deposit and Trade to win free 10M DOGE” will last until April 19th meanwhile 6 million Dogecoin will be given for FREE to 60 earliest verified users.
An announcement was made by Huobi Global to confirm that they now will be listing another altcoin that is Pundi X (NPXS) in its cryptocurrency trading platform. In the announcement made in its social media account, Huobi Global have shared that the trading for NPXS/BTC and NPXS/ETH pairs will be made available on March 25th.
Huobi Global will be sharing the Huobi Prime selective token listen on March 26th, on Tuesday as per announced in its social media account. In the Tweet, “We’re happy to announce that on Tuesday, March 26, Huobi Prime, a better path to premium coins, will go live. Among other benefits, Huobi Prime lets you trade your coins immediately in DPO (Direct Premium Offering) Model.”
A Chinese cryptocurrency exchange Huobi has recently unveiled a premium coin offering service which will enable the regular traders to invest in promising coins just before they’re listed on the main exchange. Huobi then commented in the announcement, “Listing through Huobi Prime will involve three rounds of coin offerings, each lasting an hour.”
An announcement has been made by Huobi Group that they now provide the support for Tron decentralized apps (Dapps). This will enable its users to have the control of other private keys and full ownership of their cryptocurrencies. The Head of Marketing for Huobi Group explained, “We are proud of the fact that Huobi Wallet is now one of the most Tron-friendly wallets on the market.”
A crypto exchange, Huobi Global announced that it will be adding Ripple (XRP) trading to its peer-to-peer over-the-counter (OTC) trading platform. XRP will be the sixth cryptocurrency listed on Huobi OTC along with Bitcoin (BTC), Ethereum (ETH), Tether (USDT), EOS (EOS) and Huobi Token (HT). Huobi OTC provides a secure bridge between fiat currencies and digital assets between two parties.
A built-blockchain infrastructure project for the gaming community and blockchain asset exchange company, Huobi have collaborated in launching the EOS based exchange called DXB Dubai Exchange. As per the report, Ludos will be sharing the in-depth transactions with the Huobi platform where the Huobi team will be providing the technical support and unified market data.
The head of the Russian branch for cryptocurrency exchange Huobi, Andrey Grachev have denied any relationship with the startup OneCoin. The OneCoin has been considered as a pyramid scheme and Grachev have officially denied the allegations regarding the cooperation and listing the ambiguous coin in Huobi to the public.
Due to the “poor market conditions and associated recent staff redundancies”, Huobi have recently shared their heavy decision in announcing they close the Huobi Australian office which was launched eight months ago. The announcement was made by Huobi in its social media where the operations of the cryptocurrency exchange will be transferred to Huobi Global based in Singapore.