Huobi Wallet, a multi-chain wallet from crypto exchange company Huobi Group, today announced it has added support for Cosmos Network’s ATOM. In addition, Huobi Wallet now serves as a COSMOS validator for ATOM delegators.
In addition to charging only 1% commission for delegation service, Huobi Wallet offers one of the only slashing insurance services available on the market, covering possible loss for delegators.
Huobi Wallet supports staking service for IOST (IOST), Ontology (ONT) and now Cosmos (ATOM).
“Huobi Global is one of the first major exchanges to list ATOM for trading and the Cosmos project has definitely attracted a lot of our users’ attention. Adding support on Huobi Wallet and serving as a validator is another step forward in our efforts to support their entire ecosystem.”
– Ross Zhang, Huobi Group’s Head of Marketing
The Huobi Wallet product allows users to retain control of their private keys and thus full ownership of their digital assets. The wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption.
Aiming to become the ‘internet of blockchains’ Cosmos Network’s mission is to create a secure and scalable blockchain ecosystem that serves as a central hub for decentralized applications.