Crypto exchange company Huobi launches derivatives market

It was announced this week that Huobi Derivative Market (Huobi DM) has integrated with Huobi Global, a leading bitcoin and cryptocurrency exchange. The launch will allow Huobi users to enjoy a seamless user experience and full accessibility to a variety of Huobi products via the website and mobile app.

Huobi DM allows users the ability to trade on both rising and falling Bitcoin (BTC) and Ethereum (ETH) prices. In addition to allowing users to take long and short positions, it provides tools for arbitrage, speculation, and hedging. Huobi DM currently offers weekly, bi-weekly, and quarterly cryptocurrency contracts.

Huobi DM features:

[perfectpullquote align=”full” bordertop=”false” cite=”Livio Weng, CEO of Huobi Global” link=”” color=”” class=”” size=””]“As the cryptocurrency market expands and matures, sophisticated traders are increasingly looking for a broader range of tools. Integrating Huobi DM with Huobi Global allows us to better serve those user’s needs by offering them our full range of trading services in one convenient place.”[/perfectpullquote]

As an introductory special, Huobi will be running a number of promotions for its users. Among other benefits, Huobi will give out 1,000 Huobi Tokens (HTs) to three users who have completed risk certifications and opened contract transactions in December. The top 8,000 users who have completed risk certification and made at least one transaction will get 5 HT over the same period.

Huobi DM is not available to users from the United States of America, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador, and Kyrgyzstan.