The Chinese crypto currency exchange Huobi announced the release of five new markets: partnership exchange will open in Russia, Indonesia, Canada and Taiwan, the fifth — the Philippines has started.
Huobi is one of the world’s largest cryptocurrency exchanges, at the time of publication of the daily trading volume of more than $1 million, which puts the exchange on the third position in the world rankings. With offices in Singapore, USA, Japan, South Korea, Hong Kong, Thailand and Australia, Huobi States that serves millions of users in 130 countries.
“In addition to the possibility of using advanced tools for analysis Huobi market depth, liquidity and market data, and corporate partners will also receive access to the system integration orders, Huobi, system wallets, asset management and clearing system,” — say representatives of the exchange.
According to South China Morning Post, among the five partners exchange company Ya Tai International Holding Group (Philippines), Vnesheconombank (Russia), Chi Fu Group (Taiwan), Asia International Finance Holdings (Indonesia) and Dbank Group (Canada). For the organization of exchanges, the partners will use the platform Huobi Cloud, launched less than a month ago — July 20.
We will remind, the service is positioned as a contribution exchange in the industry development of cryptocurrency, being a kind of designer kryptomere, allowing to organize a new trading platform in a short time.
So, the start date of the exchanges according to the exemplary graphics, Huobi already submitted, speak for themselves. The Indonesian stock exchange will be launched in Bali on 22 August. Exchange in Taiwan will be called Shubao Digital Asset Exchange and will begin work August 26. Operations at the Moscow exchange for the first time will be held on 3 September. At the time of publication are unknown only the start date of the exchange in Canada.
Philippines stock exchange with headquarters in Manila, dubbed Huibi, started operations August 12, with trading on three markets: exchange listing USDT (8 trading pairs), bitcoin (seven trading pairs) and ether (26 trading pairs). Support Fiat money on Huibi is not provided.
It is worth noting, at the same time, Huobi continues its expansion into the US market. On Wednesday it became known that the company “has entered into a strategic partnership that includes a significant investment” with Openfinance Network is an American trading platform, launched in early summer and support operations with security tokens. It’s probably the next step after the launch of the us “exclusive strategic partner” of the exchange Huobi HBUS that actually marked the entry of Chinese stock exchanges in the United States market.
Also in the nearest plans of the exchange opening of the p2p platform in India and branch office in Brazil.