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Huobi Launches Its Own Blockchain In Public Beta

PRNewswireApril 7, 20207 min
Huobi Group today announced the public testnet launch of Huobi Chain, an open-source public blockchain designed for providing a global, blockchain-based, digital asset financial infrastructure. The high-performance decentralized finance (DeFi) chain is now live for beta testing. Created in partnership with technical development partner Nervos, Huobi Chain provides a regulator-friendly blockchain framework for financial organizations to deploy DeFi services and applications, including their own blockchains, tokenized assets, payments and identity verification, lending services, decentralized exchanges, and...

Huobi Launches New App for Commission-Free Crypto Trading

PRNewswireMarch 12, 20204 min
Huobi Group today announced the launch of Huobi Lite, a secure mobile application that lets anyone trade major cryptocurrencies like Bitcoin. Available on iOS and Android, Huobi Lite provides users of all levels a seamless and intuitive way to purchase and sell cryptocurrencies at the best available prices — without trading fees or commissions. Based on the secure, high-performance framework that powers the Huobi Global digital asset exchange, Huobi Lite gives users a simplified trading...

Huobi Thailand Launches Localized Exchange with Baht-to-Crypto Trading

PRNewswireMarch 7, 20205 min
Huobi Thailand, a localized digital asset exchange powered by the Huobi Cloud platform, recently announced its official launch. Licensed by Thailand’s Ministry of Finance, Huobi Thailand provides locals with a safe, fully compliant trading platform for the world’s most popular cryptocurrencies and stablecoins. At launch, Huobi Thailand allows users to purchase BTC, ETH, HT, and USDT with Thai Baht. By enabling direct swaps between Baht and digital assets via a fiat gateway, Huobi Thailand aims to make digital...

Huobi Releases Details from the Hainan Free Trade Port International Cooperation Forum

PRNewswireDecember 11, 20198 min
As a founding co-organizer of the Hainan Free Trade Zone & Global Digital Economic Forum, Huobi Group today shared key takeaways from the forum which commenced on the morning of December 5th. During the forum, notable Chinese government officials gave opening speeches commenting on the development of blockchain in mainland China. Prominent government officials expanded on details of Hainan and Greater China as a whole. Sun Shiwen, Deputy Secretary of People’s People Government of Hainan Province gave the opening address. Sun said to speed up the development of...

Huobi Unveils Plans for Fiat Gateway

FTB News DeskOctober 18, 20197 min
Huobi Global announced ambitious plans for Turkey at the Eurasia Blockchain Summit, starting with the launch of a Turkish Lira (TRY) fiat gateway.  Huobi reveals the fiat gateway is the first to be launched by a global exchange, providing Turkish users an accessible gateway to trade more assets with greater liquidity. During its opening remarks, the leading exchange platform and host of the inaugural event in Istanbul also unveiled the successful formation of a local team, localized language option on...

Huobi Token Is Now Usable as an eCommerce Payment Method

PRNewswireAugust 23, 20195 min
Huobi is pleased to announce that Huobi Token (HT) can now be used to purchase art, apparel, hardware, event tickets and more from the eCommerce and crypto news platform FomoHunt. This marks the first time HT can be used for eCommerce by the general public. While HT can be used for all merchandise on the site, offerings at FomoHunt also now include exclusive Huobi-branded merchandise. “Our partnership with FomoHunt allows us to do two big...

Introducing HUSD Token, Huobi’s First True Stablecoin

PRNewswireJuly 18, 20197 min
Huobi – along with partners Stable Universal and Paxos Trust Company – are pleased to announce a better option for stablecoin users. On Monday, July 22, Stable Universal will launch HUSD Token, the first regulated stablecoin fully listed and integrated with Huobi Global – and an alternative to Tether (USDT). To ensure full backing of every HUSD token and regulatory oversight, every dollar backing HUSD Token will be held in reserve by the Paxos Trust Company,...
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