Huobi Pro launches NEO and GAS

Huobi Pro exchange announced the launch of NEO coin and GAS token which helped the prices of the coins hold rising positions on the background of general fall of the market
27 December 2017   911

Huobi Pro, a digital asset exchange for cryptocurrency traders and investors, have announced listing NEO and GAS on December 27. As it was stated in the announcement, NEO/BTC, GAS/BTC and GAS/ETH trading will be available at New Zone from 14:00, December 28, 2017.

During 2017/12/28 14:00 to 2017/12/31 14:00 (GMT+8), verified user who has NEO or GAS trading and ranks TOP100,000 can get ¥10–100 GAS rewards. If you both trade NEO and GAS, you will only be rewarded for once. 
 

Huobi Pro Statement

The withdrawals are stated to be available from 14:00 on December 29 of 2017.

Huobi Pro to Launch HB10 Investment Product

The new asset is based on the recently presented index of 10 cryptocurrencies
01 June 2018   248

The Huobi Pro Exchange has launched the HB10 offering retail investors the opportunity to invest directly in the basket of digital assets.

HB10 will use the full replication method and its holdings are adjusted according to the component coin pairs of Huobi main force index and their weights, so as to effectively track the underlying index trend.

By exchanging for HB10, users can hold Huobi main force index. Users can have the opportunity to exchange for a basket of corresponding digital assets so that they can invest in a non-systemic risk diversification digital asset portfolio with fewer virtual currencies.
 

Huobi Team

The new asset is based on the recently presented index of 10 cryptocurrencies. The components of this index represent the most liquid assets traded on Huobi.pro. These crypto assets are ranked according to their liquidity, average daily trading volume, and volatility indicators.

HB10 can be traded in pairs with other crypto-currencies, including bitcoin, Ethereum (ETH), Huobi Token (HT) and tokenized USD (USDT). At the same time, at present the commission is extremely low - from 0 to 0.1% (depending on the volume of trades).

According to representatives of the trading platform, a new investment product will also be available for institutional investors. At the same time, due to the complicated regulatory environment and legal uncertainty regarding the crypto-currency ETF (traded funds on the exchange), HB10 will not be available to investors from the US.