The Huobi (a cryptocurrency exchange) has partnered with industry membership body Global Digital Finance (GDF) to develop crypto standards for the industry. CFO of Huobi Chris Lee explained, “Through our efforts, we have infinite faith in promoting the development of this industry while addressing major issues surrounding market integrity, compliance, practice standards and business models. Huobi believes blockchain technology could benefit our society, and we will continue to devote ourselves to this case.”
Huobi has shared in an announcement that it has successfully obtained Thailand’s digital license to operate its digital asset exchange in the country becoming the fifth entity to get it. The CEO of Huobi Thailand, Sakda Katekaew explained, “Our mission in Thailand is to provide Thai users with secure and reliable digital asset trading services through verified technical capabilities. We look forward to working with our partners in government and local enterprises.”
Huobi Finance Chain is currently developing a public blockchain for decentralised finance (DeFi). Huobi then explained, “Among other applications, the project will have the potential to host lending services, debt services, stablecoins, security token offerings (STOs) and other means of asset issuance, decentralised exchanges (DEXs), real-world payment services, and more.”
Reserve (a stable cryptocurrency) has shared during Huobi event held during the NYC Blockchain Week that they’re launching its Reserve Rights token listing via Huobi Prime. The co-founder of the Reserve Project, Nevin Freeman then explained, “The world needs a stable, global, digital currency that gives people and businesses autonomy and control of their money.”
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.”