Huobi Reports 100 Percent Increase in Trading Volumes in 2018 Over 2017

Singapore-based Huobi exchange recorded 100 percent growth in trading volume in 2018 over the 2017.

Major global crypto exchange Huobi has reported a 100 percent growth in trading volume in 2018 over the 2017, according to a press release shared with Cointelegraph on Feb. 7.

The Singapore-headquartered company has reportedly expanded its staff from 400 employees in early 2018 to more than 1,300 people by 2019, with 15 offices in 12 countries and regions, as Huobi CEO Leon Li told Cointelegraph.

Huobi’s over-the-counter (OTC) trading desk has reportedly become one of the most traded OTC platforms worldwide, while the recently launched service Huobi Cloud has managed to enter in more than 100 partnerships over six months.

Launched in July 2018, Huobi Cloud is a platform that allows users to build their own digital asset services, mostly for establishing OTC and digital asset exchanges.

The company also…

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2019-02-08 01:10:00

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Written by Cointelegraph

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