The official website address of Huobi.com is: https://www.htx.com.fj/zh-cn/
Huobi.com The official website address is: https://www.htx.com.fj/zh-cn/
The story of Huobi begins with former Oracle engineer Leon Li, who made Enough to decide and purchase Huobi Domain and then start trading BTC later that same year. Huobi Angels quickly got up on its feet, ready to capitalize on the momentum of the emerging Bitcoin market, with investments from reputable places including the now-legendary Sequoia Capital Group.
No slouch in proving market share gains from companies like Mt. Three months after Gox went online, Huobi’s revenue exceeded US$4 billion. By 2014, its turnover more than tripled and proved that there was a real demand for digital asset exchange in Asia, which was finally being realized.
For many, the cryptocurrency bear market of 2014-2015 proved too difficult to deal with. Communication like a mountain. Gox was in disarray while other newbies struggled to find the right formula to attract traders. Meanwhile, Huobi is busy hiding its competitive advantages. In 2016, the exchange reported a turnover of $247 billion – yes, you read that right – giving it just over half of the global digital asset exchange market share.
Of course, encryption is nothing if not unpredictable. If you’ve been in the industry long enough, you’ll remember that towards the end of the summer of 2017, China threw the hammer on cryptocurrency exchanges. Suddenly, the world’s most populous country decided to pull out of all crypto trading, meaning Chinese exchanges like Huobi had to pause and come up with a plan B.
At that time, the exchange moved to Singapore and seemed to have gone through some spiritual exploration. Until that moment, Huobi had been solely focused on the Chinese market. Now that China is gone, it must reinvent itself if it is to survive in that moment. Realizing this, Huobi began globalizing its platform, starting with Japan, South Korea, Russia, and a major international exchange.
Its efforts were not in vain. The team at Huobi knows it has a recipe for success - its trading engine is fast, the UI is clean and responsive, and exchange security is top-notch. The problem is that audiences outside of Asia have little trust in this exchange and have never tried it.
The success of Binance may open the door to the international market for Huobi. Binance itself started out as a Chinese exchange and thus became so popular and trusted that other Chinese exchanges started to look less suspicious. Huobi’s name has been known in the space for a long time, which has definitely helped it attract an international audience. Additionally, the introduction of Huobi Token and the recently launched Huobi’s IEO platform Spotlight has attracted the attention of exchanges more than ever.
The resurgence of Huobi since 2017 has been finally confirmed - by the end of 2018, the exchange's turnover was well over $1 trillion, firmly ranking among the top three cryptocurrency exchanges in the world. status. The exchange’s almost unrivaled growth over the years has seen it compete with Binance for designation as the world’s top crypto platform. However, Huobi has the remaining major advantage - since its inception, Huobi has never suffered a major attack like every other exchange.
So, overall, Huobi’s outstanding crypto history coupled with top-notch security, simple yet elegant user interface, and international packaging make it a must-have exchange for today’s crypto traders. There’s certainly more to Huobi than meets the eye, so let’s take a deeper look at the exchange’s offerings.
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