Huobi Group’s U.S. crypto exchange, Huobi, has been making a concerted push into the United States in recent weeks with the listing of Cardano (ADA), Nebulas (NEB), XRP (XRP) and Dogecoin (DOGE). In testing the relatively new exchange, we found a design feature with troubling implications. Namely, each digital asset has a “deposit minimum,” which requires users […]
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Huobi’s Crypto Derivatives Market Has Already Passed $20 Billion in Trades
Launched in November, Huobi’s crypto derivatives market is growing at a rapid pace. Fifteen days ago they revealed they had hit $ 10 billion in total volume, and today they announced they’ve seen $ 20 billion. In a note provided first to CCN, Huobi describes the timeline of the Derivatives Market in this way: November 21: Huobi
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One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap Between Tokens
Singapore-based cryptocurrency exchange Huobi Global today introduced an all-in-one stablecoin program called HUSD, which will allow traders to convert between four USD-pegged cryptocurrency tokens. HUSD: Huobi’s All-in-One Stablecoin Solution According to the announcement, the HUSD solution aims to reduce the need to choose between multiple stablecoins, as well as to cut down transaction costs incurred … Continued
The post One [Stable]coin to Rule Them All? Huobi’s New Program Lets Users Swap Between Tokens appeared first on CCN