HUOBI GLOBAL GEARING FOR HUGE DECEMBER 🚀🚀
According to Livio Weng, Vice President Huobi Group, the latest statistics on exchange activity for October have Huobi Pro as number 3 in terms of volume. Interestingly, that is just a tip of the iceberg; Huobi ecosystem is massive.
With origins in 2013 as a cryptocurrency exchange services provider, Huobi Global has matured with the explosion of cryptocurrencies and today it is an all-in-one ecosystem.
Apart from the Huobi eco services shown in the photo above: Huobi News, Huobi Mining Pool, Huobi Chat etc. Huobi also has a blockchain incubator program headquartered in San Francisco, Huobi Labs.
Huobi Next formerly known as HADAX is now incorporated inside Huobi Pro interface enabling those coins to reap the benefits of the parent exchange but still retaining their autonomous governance.
Global Elites Program
Huobi not only empowers users to be able to trade and sell cryptocurrencies, but also through involving them in other opportunities within the wider blockchain space and within Huobi as well. For instance, Huobi Mining Pool enables users to leverage mining opportunities.
The Global Elites Program rewards influencers from all the world for adding new users to Huobi exchange.
Huobi Wallet is an inclusive solution for personal custody of digital assets supporting cryptocurrencies Bitcoin, Ethereum, Bitcoin Cash, Tether. Litecoin, and all ERC20 tokens as well as stablecoins USDT, PAX, TUSD, USDC and GUSD among others. Huobi Wallet also supports EOS.
Huobi Wallet has an application for IOS and Android and users have full control of their private keys.
In addition to convenience of managing your digital assets, users can also be able to securely store or easily trade their tokens conveniently by one-click.
Recently, Huobi Global has launched HUSD, Huobi’s backed stablecoin solution for Huobi users to cushion the volatility, risk and paralysis of choice that comes with multiple stablecoins in the market today. Today, Huobi Global has listed a number of stablecoins incluing Tether, USDT< PAX, TUSD, USDC and GUSD.
HUSD relieves users of the burden of switching between multiple coins as well as ensures the value to the dollar stability is there.
What is the next chapter of Huobi?
According to a recent interview by Blokt, Huobi Vice President, Livio Weng, hinted at welcome developments for Huobi towards the end of the year. There are some huge changes in the pipeline slated for December; it would not be a very bad time to load up on HT at these prices.
Livio Weng has a wealth of experience in financial technology, lending and social networking.
In addition, he reiterated the goal of Huobi, ‘We want to be the world’s largest cryptocurrency exchange by volume and to expand our global network of blockchain-related projects and businesses even further.’
You can stay up to date with Huobi’s developments by following Livio Weng on twitter @livio_huobi. This is a welcome development for Huobi to improve on their PR front, kind of like have a face to the name, think of Justin Sun for Tron or CZ for Binance.
My thoughts, expectations
I think 2018 has been a very grand year for Huobi in terms of development, solidifying Huobi’s position among the top 3 exchanges in terms of volume. A lot of expansion of the ecosystem has occurred this year, and it is reasonable to expect that the value will reflect in the price of Huobi Token which was launched earlier this year. With increasing competition, and more exchanges coming out every day, and the prospect of institutional investors on the horizon, it is more important than ever to remain on top as cryptocurrency goes more mainstream. With their unblemished record since 2013, Huobi’s geographical expansion by opening of Huobi Australia, Huobi MENA and HBUS serves many traders conveniently within their jurisdictions. I expect this expansion will continue to other unserved geographical areas.
I feel December will offer a tease into what Huobi will develop into next year. The launch of Huobi Chain is slated for the end of next year, and with it, the unlocking of a whole new suite of financial products both for retail and institutional investors.