Poloniex to Delist Number of Tokens

6 tokens will be delisted from the exchange gradually, starting 15.10 and ending up 15.11
10 October 2019   463

The Poloniex exchange will no longer support the crypto assets Pascal (PASC), Steem (STEEM), Navcoin (NAV), GameCredits (GAME), LBRY Credits (LBC) and Clams (CLAM). The marketplace reported this to users in the mailing list.

Here are some important dates to keep in mind:

  • October 15th at 16:00 UTC: trading of PASC, STEEM, NAV, GAME, LBC and CLAM will be disabled
  • October 28th at 16:00 UTC: LBC withdrawals will be permanently disabled
  • November 15th at 16:00 UTC: PASC, STEEM, NAV, GAME, CLAM withdrawals will be permanently disabled

Please be sure to withdraw your assets before the withdrawal deadlines shown above. 
 

Poloniex

Reasons for the decision weren't mentioned.

Huobi to Launch Brokerage Platform

The service, aimed at institutional investors, is  available to investors in almost all regions where Huobi is present, except China
22 January 2020   135

Huobi cryptocurrency exchange opens a brokerage platform focused on the needs of institutional investors.

The announcement of the Huobi Brokerage platform took place this Tuesday at the World Economic Forum in Davos. The service is already available to investors in almost all regions where Huobi is present, with the exception of China.

The brokerage platform is the first product of the Global Institutional Business (GIB) division, which will focus on serving institutional clients. According to the publication, from the third quarter of 2019, Huobi recorded an increase in the institutional client base by 400% - it was possible to attract 1,700 investors.

GIB currently has offices in London, Singapore, and Hong Kong and will be a top priority for Huobi in 2020 as it continues to expand globally.

 

Huobi

 

Like the American brokerage service Tagomi, Huobi Brokerage provides the ability to execute applications at the best prices by forwarding them to several trading platforms, including third-party exchanges and over-the-counter services. Huobi is known to have over-the-counter partners in Chicago Jump Trading and Hong Kong-based Alameda Research.

In addition, the platform provides services for block trading, individual financing and other solutions for traders interested in concluding large transactions. Bitcoin, USDT, HUSD, PAX, TUSD and USDC are available for trading blocks. By the end of the first quarter, ETH, EOS, BCH, LTC and XRP will be added to them.

2019 brought the first wave of institutional interest but 2020 is when we expect to see the industry mature with growing demand. As we enter the next phase of crypto, Huobi staking an active role in setting new standards for institutional and retail clients alike.

Ciara Sun

Huobi Group vice president