Sunday January 17, 2021
BTC $34,532.00 (-5.79%)   ETH $1,177.69 (-0.89%)
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
SWAP BITCOIN NOW
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas.net
No Result
View All Result
Home Crypto Exchanges Trading

Huobi launching international blockchain asset only trading platform

Published by CryptoNinjas.net
07/27/2017

China-based bitcoin and cryptocurrency exchange company Huobi announced some big news today, informing of the launch of Huobi.pro, which will serve as a blockchain asset only trading platform.

While Huobi.com is a fiat to blockchain asset trading platform, Huobi.pro will satisfy the cryptocurrency trader’s necessity for diversified digital assets and arbitrage. Huobi.pro plans to launch add-ons such as strategy platform, quantitative trading tools and contract trading in the near future.

Huobi.pro be available internationally as the new exchange is registered in Hong Kong as Huobi Asia Limited HK.

According to Huobi, more than 50% of blockchain asset trading volume is crypto-to-crypto (C2C) trading. Considering this statistic and with recent C2C platform launches by competitors in the space, Huobi felt it was time, as one of the biggest exchange’s in the country, to officially launch Huobi.pro on July 28th (GMT+8).

Upon launch, the following assets will be available: LTC/BTC, ETH/BTC, ETC/BTC, and BCC/BTC.

Key features of crypto-to-crypto trading include:

– Lower cost when exchanging digital assets (i.e. exchanging from LTC to BTC)
– Greater arbitrage opportunity (i.e. arbitrage among LTC/BTC, LTC/CNY and BTC/CNY on Huobi. Reduce the cost of funding, shorter transaction time and increased fund utilization efficiency).
– Opportunities to trade and invest in different digital assets

Huobi on Bitcoin Cash (BCC)

As posted yesterday, Huobi stated that if users have BTC on the exchange before 20:20 (GMT +8) on August 1st, they will be given the equivalent amount of BCC.

Huobi is suspending BTC deposits/withdrawals from 0:00 on July 31, 2017 (GMT+8) considering the potential impact on the BTC blockchain network. The company is recommending to deposit BTC in advance to be able to trade.

If BCC fails to be mined, Huobi.pro will suspend BCC/BTC trading, if the volume is minimal for an extended period of time, Huobi.pro will consider delisting BCC.

16
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related Posts

Crypto exchange Huobi adds support for RUB deposits and withdrawals

01/12/2021

Huobi launches crypto asset management platform for institutions

07/31/2020

Huobi Futures to launch bitcoin (BTC) options trading in Q3

07/13/2020
Huobi DM now provides partial liquidiation on crypto futures

Huobi DM now provides partial liquidation on crypto futures

03/18/2020
Official launch of Huobi Thailand brings localized baht-to-crypto exchange

Official launch of Huobi Thailand brings localized baht-to-crypto exchange

03/05/2020
Public beta of Huobi Chain created in partnership with Nervos launches

Public beta of Huobi Chain created in partnership with Nervos launches

03/03/2020
Load More
Leave Comment
CoinSwitch: Instant Cryptocurrency Exchange and Converter CoinSwitch: Instant Cryptocurrency Exchange and Converter CoinSwitch: Instant Cryptocurrency Exchange and Converter

Recent Updates

Billions of dollars in bitcoin becomes available to creditors of Mt.Gox bitcoin exchange

Cryptohopper launches new feature to automatically test, rank, and deploy trading strategies

Binance adds Navcoin (NAV) to their locked staking program

Loans now available on the Crypto.com Exchange

Modulus CEO: Parler & Amazon Strife Highlight Danger for Digital Asset Exchanges

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Purchase 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit

Trending Views

Nisbah Capital joins Tezos blockchain baker ecosystem

IOHK expands Cardano development fund with launch of new $500K round

Instimatch to leverage Algorand blockchain to advance settlement and payment solutions

Crypto exchange Poloniex launches XRP perpetual futures

Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem

  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2021 CryptoNinjas Disclosures | Privacy Policy