Says Huobi Global, only for the first month included in the structure of derivatives exchanges Huobi DM total volume of trading transactions amounted to $12 billion this is stated in the letter received from ForkLog Huobi Global.
“We are extremely pleased with the rapid growth Huobi DM in December and believe this is an excellent confirmation of the strong interest [of cryptocurrency] by institutional investors and professional traders”, — said the CEO of Huobi Global Livio Weng.
The Pro-bitcoin and other cryptocurrency derivatives exchange Huobi DM was launched in beta mode in November 2018. In December it was announced about the Association of DM with Huobi Huobi platform Global.
At the moment Huobi DM supports contracts for BTC, ETH, and EOS, and plans to expand the product line to other cryptocurrencies.
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