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.
Crypto derivatives exchanges have quite literally taken the market by storm. It’s a market that has rocketed to over $1 trillion in daily trading volume and shows no signs of slowing down in 2021.
On December 10, 2020 Huobi announced the official launch of its Huobi ECO Chain (HECO) test-net, a decentralized, high-efficiency and energy-saving public chain.
