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.
When members invite their friends to Huobi Global, the invited friends will be able to enjoy the privileges offered by Prime while the inviter can also enjoy the commissions and rewards offered by Huobi Global.
The rumors about FTX potentially buying Huobi are not a surprise, considering FTX race in acquiring spree, even during the crypto winter. This year so far, FTX already signed a few acquisition deals.
