Huobi May Open Office in Brazil

As reported, exchange is marketing its platform in the country, while attempting to hire regional staff
31 May 2018   1524

The third largest exchange Huobi plans to open an office in Brazil's São Paulo. This is reported by CCN with reference to the local media Portal do Bitcoin.

According to a local source, the management of the Huobi exchange is looking for personnel for the new unit. Also, the publication reports that representatives of Huobi were seen during the talks "with well-known personalities of the Brazilian market." In addition, as part of the work on the forthcoming expansion of activities, the trading platform already uses the workspace from the famous WeWork coworking network.

Among other things, the Singapore-based exchange posted on the LinkedIn an application stating that Huobi needed a senior compliance officer who would oversee the company's operations, detect violations and illegal activities. Another announcement says that Huobi is looking for a candidate for the position of digital marketing manager.

Company has already started expanding to Canada as it sees it “emerging as a leading blockchain nation."

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   379

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.