Huobi is a global blockchain asset financial services provider including exchange, trade, wallet, and storage.
Founded in 2013 in China, Huobi is the world’s leading digital asset trading platform and currently offers trading and investment in more than 100 digital asset pairs. The company now has offices in Hong Kong, Korea, Japan and the United States. In August 2018 it became a publically listed Hong Kong company.
Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals and shut down its Chinese website, but continued operating overseas as “Huobi Pro”, a Seychelles-registered company. Huobi China continues to operate as a blockchain consulting and research platform.
As of March 2018, Huobi processed around US $1 billion in trades daily.
Six months on from the emergence of the novel coronavirus, COVID-19, the world is in an almost unrecognizable shape. The world over, ways of life, from business, to personal, public to private, have shifted in operation so dramatically that one cannot help but marvel at its enormity and sheer, brutal force.
Bitcoin has successfully managed to flip its popularity among Japanese investors over the last two years and dethroning XRP by a large margin. Bitcoin now leads a 51.36% market share in Japan against XRP with 27.54%.
A coalition of 40 blockchain-based companies including Ripple, Brave and Huobi joined forces to develop and expand PayID, an email-style money transfer system that will redefine the future of borderless and secure money transfer.