Huobi announces deposit and withdrawal of Monero will be unavailable 17815
Pinaz Kazi
Jul 6, 2018 at 3:34 PM

The international multi-language digital currency trading platform and exchange, Huobi announced that the deposit and withdrawal of Monero will be unavailable due to the upgrade of the cryptocurrency. Huobi exchange, which has its headquarters in Singapore further noted that the time of resumption will be notified. They would announce the time in another article.

They added: “We apologize for the inconvenience caused by this suspension!” Meanwhile, it has been reported that the major crypto exchange Huobi showed triple-digit increase in trading volume in ten days. According to statistics shared by Crypto India mentioning the source as CoinMarketCap, the crypto exchange ranking third in the world, Huobi increased by 104%. Huobi has confirmed trading on its new Australian platform.

See also: Trading volumes of Binance and Huobi bounce up by over 100%

It began from July 5ch has $713 million in daily trade volume trading pairs phased throughout Thursday from 10 am Sydney time. The exchange mentioned that ten pairs will initially be on offer for the Australian dollar, including Bitcoin, Ethereum, Litecoin, Ethereum Classic and Bitcoin Cash. “In the future, Huobi Australia will open more trading pairs to all users,” the exchange mentioned while announcing.

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