Huobi EOS Exchange finally goes live; to build “benign EOS ecosystem”
One of the premium, Singapore based cryptocurrency exchange’s mining arm, Huobi Pool has finally gone live today with its Huobi EOS Exchange. As promised to the crypto enthusiasts, the exchange platform dedicated completely to EOS [EOS] trading got launched within the first quarter of 2019. Here on the Huobi platform, EOS will be traded against Bitcoin [BTC], Ethereum [ETH] and Tether [USDT].
Trading with these top coins will likely to open up a new dimension to its ecosystem. The fundamental objective of this unique initiative is to boost the trading of the fifth most valuable digital currency in terms of its market cap. Earlier in 2018, when Huobi Pool laid its first step in the crypto space, from then onward the mining arm has continued to nurture this goal. It had set up a close connection with the community to bring forth this exchange.
The platform seeks to improve the trading services of “EOS related digital assets.” It is also motivated to develop “a benign EOS ecosystem” and ensure a secured trading facility. The platform is working towards expanding its range of cryptocurrencies and striving to push up the trading liquidity. The goal of the trading platform is ensuring a world class experience to its traders along with supporting different coins and languages.
Among the latest developments, the San Francisco-based cryptocurrency exchange HBUS has announced that it is rebranding itself to Huobi and will start using the Huobi.com domain name. HBUS entered into a strategic partnership with the latter in June and this latest move is aimed at bringing the exchange brand to the US by rebranding its retail trading platform to Huobi. After officially adopting the brand name, HBUS is likely to gain from the technical expertise and experience of the top class exchange, especially in regard to security and also securing access to new markets.
The exchange has relaunched its cryptocurrency trading services in Japan earlier this week and said that it was replacing BitTrade, a Japanese cryptocurrency exchange which it acquired last year. Huobi Japan supports the trading of six cryptocurrencies, namely Bitcoin [BTC], Ethereum [ETH], XRP, Bitcoin Cash [BCH], Litecoin [LTC] and Mona Coin [MONA]. BitTrade customers will have to open new accounts on the platform and transfer all their assets according to the instructions provided by BitTrade.
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