The major crypto exchange has long claimed registration in the famous offshoring haven.
Huobi is a Chinese web-platform for cryptocurrency exchange and the second largest in the country. It was founded by Leon Li in 2013. Huobi has gained popularity following the closure of BTCC. All popular fiat and cryptocurrencies are available, but the main pair here is BTC/CNY. The official website has 10 languages. The average amount of trading per day reaches 127,000 BTC, which makes the Huobi exchange the third largest in the crypto industry. Recently, it was announced that Huobi will be issuing their own token developed by the company’s programmers as an extra tool for paying Huobi fees and to make transactions easier, faster and more convenient. The Huobi coin can be bought only on the platform for BTC, BTH, ETH, ETC, LTC and USDT.
Vincent Lau, formerly of Bitfinex and OKEx, has joined Huobi Global as its new managing director.7131
A Huobi subsidiary has been given the green light to operate a crypto investment fund by regulators in Hong Kong.3651
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong.20101
Bitcoin perpetual futures buyers are paying a 5.4% weekly funding rate to keep their positions open, but is this sustainable?21812
Key Bitcoin price metrics show the recent 12% drop to $30,800 has not stopped traders from buying dips ahead of this Friday's $4.9 billion BTC futures expiry.20585
Substantial spot volume, a favorable futures premium, and top traders buying the dip are all signals that Ethereum price should see continuation.37840
New partnerships, interest in initial decentralized exchange offerings and the success of Polkadot back Polkastarter’s impressive 500% rally.27316
Pro traders opened large short positions and derivatives data are flashing red flags after Ethereum price soared to a new all-time high.26125
Huobi partnered with fiat and crypto payment processor AdvCash to unlock deposits and withdrawals in the Russian ruble.3643
Crypto derivatives showed enormous growth in 2020 as nearly $2 billion worth of BTC options expired on Christmas day.24268
Huobi Group is setting up a trust company in Nevada after closing down the U.S. subsidiary in 20198405
Turkey started off strong in crypto and blockchain in 2020 — then the pandemic happened.12876
The new entity is called Huobi Labuan, and its brokerage license allows it to offer crypto spot and derivatives trading for an initial nine-month trial period.15476
Does someone know something the public doesn't?11488