Huobi Is Moving In: It’s Brazil’s Turn

trading volume of $1 140 189 009 – and a wealth of other remarkable features on display.

Hongkong-based Huobi has recently confirmed they will be expanding their services into the Brazilian market. Let’s take a look at what consequences this may have for the crypto market and how it will affect you directly.

Who are they again?
Huobi is one of the largest cryptocurrency exchanges around. It bears a proud .pro status (this isn’t an award, it just means the address is at huobi.pro, but it still sounds cool), been around since the beginning of times (meaning 2013), and trades, according to the stats, more or less 127 000 BTC every 24 hours, which means it is the third largest trader around. How is that for power of presence?

With very simple verification and registration procedures and optional delicious offerings like using marginal trading or a credit shoulder, it is indeed one of the most popular choices around. The fact that it is becoming so successful that the management has decided to throw a considerable part of their funds into extending into Brazil is undoubtedly an argument in crypto’s favor.
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