HUOBI REPORTED A 100% INCREASE IN TRADE VOLUMES FOR 2018

Large crypto-exchange Huobi reported that compared to 2017, the trading volume on the platform increased by 100%.

Despite the “cryptocurrency” and the global trend of staff reduction in companies, the Singapore exchange in 2019 increased the number of personnel to 1,300 people. At the same time, in 2018, the exchange had 400 employees.

According to Huobi CEO Leon Lee, the Company now has 15 offices in 12 countries. He also noted that the over-the-counter (OTC) platform of Huobi is currently one of the largest in the world in terms of trading volumes.

Launched last year, the service Huobi Cloud over the past six months has entered into partnerships with more than 100 companies. This service allows users to create their own trading platforms using the resources of the cryptocurrency exchange Huobi.

In addition, the other day the American division of the exchange Huobi launched trading pairs with the US dollar.