1H
-0.39%$0.0009
24H
-8.58%$0.0219
7D
31.5%$0.0559
30D
4.70%$0.0105
Huobi is a Chinese digital currency trading platform and exchange based in Beijing. Huobi was founded in September 2013. It is one of the largest digital currency exchanges in China. In August 2017 Huobi along with OKCoin invested 1 billion yuan ($150 million) of idle client funds into “wealth-management products”. In September 2017, It was reported that Huobi and OKCoin would be stopping Yuan-to-bitcoin trading. In November 2017, According to reports, Huobi launched three tokens: 0x (ZRX), Kyber (KNT), and Airswap (AST) on their global trading platform, huobi.pro. In October 2017, the exchange fell victim to the authorities ‘ policy against digital assets and was forced to close. The exchange opened again under the Huobi brand.pro. Domain Huobi.pro was registered on March 19, 2017. Exchange has its own token – Huobi Token (HT).
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Here you’ll find what initial public offering (IPO) is, how it works, learn the advantages and disadvantages of this funding model.