Huobi Exchange Announces Doubled Trading Volume In 2018
Singapore-based cryptocurrency exchange Huobi doubled activity on its platform in 2018, Cointelegraph writes.
Huobi CEO Leon Li said that his company had about 400 employees at the beginning of 2018, and by 2019 there were more than 1,300 employees. Recently, however, information appeared on the network that the “crypto-winter” did not pass by a large stock exchange, which, like several other companies in the sector, plans to reduce staff. Huobi has 15 offices in 12 countries and regions of the world.
Huobi launched Huobi Derivatives Market (Huobi DM), a digital derivatives trading platform last December, with trading volumes of $ 12 billion in the first month and exceeding $ 20 billion a few days later..
In addition, the company is taking steps to expand its business in key markets – the United States, Japan and South Korea. Huobi’s strategic partner in the United States, HBUS, has become a monetary services operator licensed and has recently launched a fiat-to-crypto exchange service. In Japan, the company acquired a local licensed exchange and launched its own trading platform based on it..
It is worth noting that in one of the studies Huobi was named among the exchanges most actively at fabricating trading volumes..
Recently it became known that another major cryptocurrency exchange – Binance – could earn $ 446 million in 2018.
Huobi Exchange Launches Investment Product Based On Its New Index Cryptocurrency Exchange Huobi Announces The Launch Of A Cryptocurrency Index Fund…
Huobi Pro Exchange Launches New Index of 10 Cryptocurrencies Huobi Pro Cryptocurrency Exchange is launching a new market index for its clients. Main…
Cryptocurrency Exchange Huobi Launches Argentina Trading Platform Huobi Group on Tuesday announced the launch of its new cryptocurrency exchange in…
Huobi Exchange Lists Four Stablecoins Huobi Crypto Exchange This Tuesday Announces Plans To List Four Stablecoins,…
Huobi Exchange Will Cancel Fixed Exchange Rates Of Stablecoins For HUSD Instrument Huobi Cryptocurrency Exchange This Thursday announced the launch of its second…