Huobi launches partner exchanges in Russia, Indonesia, Canada, Philippines and Taiwan
The Chinese cryptocurrency exchange Huobi, together with partners, is opening new trading platforms in five regions: in Russia, Indonesia, Canada, the Philippines and Taiwan. The new exchanges use Huobi-provided order integration, wallet integration, asset management and clearing systems. Writes about it Bitcoin.com.
Huobi partners in the new Huobi Cloud service: Yatai International Holding Group, Chi Fu Group, Vnesheconombank, Asia International Finance Holdings (AIF) and Dbank Group.
“Corporate partners use Huobi’s order, wallet, asset management and clearing systems, as well as Huobi Global’s advanced tools to collect depth, liquidity and market health data,” the South China Morning Post said..
Huobi Cloud launched on July 20 to help the company’s partners “quickly build secure and stable digital asset exchanges.”.
Huobi also announced the approximate launch dates for new cryptocurrency exchanges. The Indonesian site will open on August 22, the Taiwanese site on August 26, and the Russian site on September 3. When the exchange will be opened in Canada is still unknown.
Philippine exchange named Huibi launched on 12 August and already serving first customers.
Huibi Philippine Exchange Interface
There are three markets launched on the Huibi platform: USDT, BTC and ETH. In pairs with USDT, eight assets are represented, BTC – seven, ETH – 26. There is no support for fiat on the exchange.
Huobi also continues to expand into the United States. The company said Wednesday that it has “entered into a strategic agreement, including significant investments,” with Openfinance Network, a US-based security token-backed trading platform. Previously, Huobi opened an affiliate exchange in the US called Hbus.
Huobi is currently one of the largest cryptocurrency exchanges in the world with $ 1.075 billion in trading volume in the last 24 hours, according to CoinMarketCap. The company has offices in Singapore, the United States, Japan, South Korea, Hong Kong, Australia and Thailand and claims to serve millions of users in over 130 countries..
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