2018-7-5 16:47 |
Chinese cryptocurrency exchange Huobi has confirmed trading on its new Australian platform begins today, July 5.
The exchange is fourth largest in the world as of press time, with $713 million in daily trade volume, according to Coinmarketcap.
“In the future, Huobi Australia will open more trading pairs to all users,” the exchange added in its announcement.
Seemingly unfazed by the current landscape, Huobi also plans to contribute to blockchain expansion in the local economy via its investment subsidiary Huobi Capital and its US$200 million Global Ecosystem Fund, local news outlet Finder reports.
“For Huobi Group, the move to Australia is a natural fit… We are keen to partner with the growing numbers of Australian blockchain projects looking to list in a maturing market.”
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