Huobi to Announce EOS Support

The new tool will give users the opportunity to speculate, engage in arbitration and hedge risks with EOS
26 December 2018   1118

Cryptocurrency Derivatives Platform Huobi DM has announced the upcoming support for the fifth largest EOS cryptocurrency capitalization.

The exchange said that contracts for long and short positions in the EOS / USD pair will be launched on Friday, December 28, at 18:00 SGT (10:00 GMT).

The new tool will give users the opportunity to speculate, engage in arbitration and hedge risks using EOS.

It is also reported that in the future, contracts for other digital currencies will be added to Huobi DM.

Huobi to Launch Zero Fee Trading App

It features such fiat currencies as the US dollar, Vietnamese dong, Malaysian ringgit, Hong Kong dollar, and Chinese yuan
11 March 2020   381

Huobi Exchange on Tuesday unveiled its new mobile application for uncommissioned cryptocurrency trading.

Huobi Lite is available for Android and iOS devices. It features several fiat currencies, including the US dollar, Vietnamese dong, Malaysian ringgit, Hong Kong dollar, and Chinese yuan. To replenish the account, several payment methods are offered, including credit cards, the company says. According to Decrypt, Huobi Lite's main target group is traders in Southeast Asia.

Of the digital assets, Bitcoin, Ethereum, USDT, HT, EOS, Bitcoin Cash, XRP, Litecoin and HUSD are supported. In the future, Huobi promises to expand this list.

According to the exchange, Huobi Lite does not require a long identification, and "a user can buy his first bitcoin in less than 5 minutes." They promise not to request any documents from customers if their trading volume does not exceed $ 1,000 per day. In addition to buying cryptocurrencies, the application can be used to store and manage your portfolio.

The Huobi Lite commercial model is based on commissions, but they will not be charged to users, but to brokers and market makers selling cryptocurrency through the application.