Huobi-linked cryptocurrency exchange HBUS has formally opened for business in the U.S., providing one of the world’s largest crypto companies with a foothold in yet another major global market.
Though not formally operated under the Huobi brand, HBUS is a “strategic partner” of the Singapore-based Huobi, which already controls the world’s 3rd /4th -largest cryptocurrency exchange.
“Our strategic partner, Huobi, has grown to be the largest digital asset marketplace in wholw world. As investors‘ acceptance of virtual currency and digital asset increases, we have seen incredibly high demand in the U.S. We are excited to launch as Huobi’s strategic partner, to serve the growing number of people participating in cryptocurrency trading,” said Frank Fu, CEO of HBUS, ,,,,,,
Like many U.S. exchanges, HBUS is based out of San Francisco, and it will at launch support ten cryptocurrencies: bitcoin, ethereum, bitcoin cash, litecoin, dash, tether, civic and quantm ...
U.S. 39 states cystomer can begin deposit funds on the HBUS platform immediately, though users cannot make withdrawals until the platform opens its trading markets on July 10. Traders who register prior to the launch will receive a month of commission-free trades.
HBUS does not currently support fiat trading pairs, and the platform is unavailable in Alabama, Connecticut, Georgia, Louisiana, New York ,Vermont, and Washington.
As CCN reported, Huobi has been expanding at a breakneck pace in recent months, Just this week, the firm opened a trading platform in Australia, a move that came just days after it opened an office in London and announced plans to launch an over-the-counter (OTC) trading service later in the year.
Previously in 2018, Huobi opened a branch in Canada, and after end of this year they open a new branch in brazil...!!!!